Airfield Cleaning Equipment Market is Estimated to grow at a CAGR of 4.5% during the forecast period
The airfield cleaning equipment market is
expected to grow at a compound annual growth rate (CAGR) of 4.5% between 2024
and 2034, from an estimated size of USD 3.1 billion in 2023 to USD 5.0 billion
in 2034. Equipment for cleaning airports is essential for avoiding foreign item
harm to planes. The market is increasing and sustainable because it is in line
with the aviation industry.
The purpose of airfield cleaning equipment is to keep
airport runways, taxiways, aprons, and other airfield surfaces clean and safe.
It does this by making sure that these surfaces are free of debris,
contaminants, and other foreign objects, all of which are essential for
aircraft operation.
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GROWTH DRIVERS
One of the main factors driving the industry is the rise in
air travel and airport expansion. Data on global passenger traffic for April
2024, published by the International Air Transport Association (IATA), shows
that overall demand—measured in revenue passenger kilometers, or RPKs—rose
11.0% from April 2023 to April 2024. Available seat kilometers (ASK), a measure
of total capacity, increased by 9.6% over the previous year. The load factor
for April was 82.4%. Demand from outside increased by 15.8% in April 2023
compared to April 2023, capacity increased by 14.8% annually, and the load
factor increased to 82.2%. In April 2023, domestic demand increased by 4.0%,
capacity increased by 2.1% annually, and the load factor was 82.6%.
The market is being driven towards expansion by the large
increase in investments made in airport infrastructure. These investments
include upgrading the equipment for cleaning and maintenance, improving
operational efficiency, and strengthening safety. To improve the efficiency and
safety of air travel, the Federal Aviation Administration (FAA) of the U.S.
Department of Transportation has announced the awarding of 129 airports across
40 states with a total of USD 289 million in the seventh round of Airport
Infrastructure Grants (AIG).
The market is driven by the increased frequency of extreme
weather occurrences such as heavy rain, snow, ice, and others, which
necessitate airports to have efficient cleaning equipment to ensure safe
operations. A research conducted in central India by the Indian Institute of
Tropical Meteorology (IITM) found a threefold increase in widespread intense
rainfall occurrences.
MARKET
SEGMENTATION:
· By
Type- Runway Sweepers, Runway Vacuums, Broom Sweepers, Water Blasting
Machines and Others
· By
Sales and Distribution- Direct Sales, Distributors, Online Sales
· By
Configuration- Truck Mounted and Walk Behind
· By
Application- Surface Cleaning, Runway Sweeping, Runway De-Icing, Rubber
Removal, Paint Removal, Others
· By
Airport Type- International Airport and Domestic Airport
· By
Region- North America, Europe, Asia Pacific, Middle East and Africa,
South America
Global Key
Players:
· Bucher
Municipal
· BLASTRAC
· Borum
· EHR-FAHRZEUGTECHNIK
· Cyclone
Technology
· Nilfisk
· Avidbots
Corp.
· Dulevo
International
· Multihog
Ltd.
· Tennant
· Other
Players
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