The airport ground transportation market is poised to reach a valuation of US$ 22 Billion in 2022. Sales are projected to increase at a 4 % CAGR, with the market size reaching US$ 32.57 Billion by 2032.
The airports are the most common type of transportation medium for international travelers and tourists. An airport can have multiple terminals, and aircrafts are assigned specific terminal for landing. The terminal and main airport building can be far, and passengers cannot walk to the aircrafts from building and other way around with luggage.
To make the transfer of passenger and luggage from building and aircraft, there are several vehicles, scheduled according to the flights or can be booked by passengers according to their convenience.
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This airport ground transportation is sometimes organized by airline, as a service included along with flight. Sometimes, third party transportation is used by travel agencies and sometimes, passengers can get their own vehicle, using applications and websites of transportation providing agencies. These vehicles are usually buses, taxis and sometimes trains, if available.
The airport ground transportation market very niche, and there are not many popular service providers. There are only few airlines, providing these services to passengers, and there are not many dedicated organizations in this sector. As the market is not dominated by any recognized organization, there is lots of potential for taxi hailing and cab providing agencies, along with airlines to invest and start providing airport transportation to passengers.
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Key Takeaways from the Airport Ground Transportation Market Study:
- The North America, Europe and Asia Pacific regions hold a market share of ~24%, ~22% and ~35% respectively.
- Online booking channels are leading for the booking of Airport Ground Transportation tickets.
- The Airport Ground Transportation sector have contributed ~15%-20% in Airport Services market.
Impact of COVID-19
The public transportation industry was severely affected by the COVID-19 pandemic. To avoid spread of virus and to eliminate the virus, public transportation systems were completely shut down as a result of the shutdown and additional limitations on public gatherings.
The airport transportation mainly had shuttles and buses, which carried multiple passenger at one time to and from aircrafts. Due to gathering restrictions, these buses were not allowed to carry any passengers. As a result, most of the passengers had to use cabs and taxis to get to airport. Along with cabs, minibuses were also working, with limitation of passenger and proper sanitation and social distancing.
Even nowadays, there are specific rules and regulations, followed by these transportations, as there are chances infection of the virus by contact.
Major Key Players
- Dnata
- Fraport AG
- Swiss Port International AG
- Transdev
- Ola
- Uber
- Super Shuttle
- Meru
- Hertz
- Alamo
- Avis
The Airport Ground Transportation Sector By Category
By Vehicle Type:
- Cars
- Buses
- Shuttles
- Limousine
- Trains
- Trams
By Booking Channel:
- Online Booking
- Phone Booking
- Direct Booking
By Tourist Type:
- Domestic
- International
By Tour Type:
- Independent Traveller
- Package Traveller
- Tour Group
By Consumer Orientation:
- Men
- Women
By Age Group:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66-75 Years
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