Taking flight: Government investment and rising air traffic will propel industry revenue

The Airport Terminal Construction market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.


Industry Threats & Opportunities

  • While growth slowed, federal funding for transportation prevented deep losses
  • The industry grew as the federal government increased funding for transportation
  • Industry revenue will primarily be driven by the modernization of airports

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    Industry Analysis & Industry Trends

    Over the five years to 2016, the Airport Terminal Construction industry is expected to increase due to strong government support and a number of large-scale projects. This growth rate, however, masks the industry's year-over-year volatility, which illustrates the industry's reliance on reauthorization of government programs such as the Airport Improvement Program as well as anticipated and planned capacity increases. Over the next five years, the industry is forecast to continue its expansion as federal funding for transportation widens as a result of recovering tax revenue. Local and government investment is projected to recover, though at a slow pace. As such, the industry is expected rely more on federal support and airport-generated revenue...

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    Industry Report - Industry Products Chapter

    The Airport Terminal Construction industry's principal activity is to provide contracting services such as new terminal construction, alterations, maintenance and improvement for passenger terminal facilities. According to the Federal Aviation Authority (FAA), many airport terminals are approaching the end of their lifespan. As a result, airport developers have begun to explore ways to extend the lifespan of facilities.

    Terminal renewal and improvement

    The Airport Terminal construction industry generates the bulk of its revenue, namely 56.2%, from the refurbishment of components and systems in terminal buildings. This wide segment also includes changing the original layout of interior spaces. Whi..

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    Additional Insights for the Airport Terminal Construction Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Airport Terminal Construction Industry are

  • Ability to negotiate successfully with regulator
  • Ability to compete on tender
  • Must comply with government regulations
  • IBISWorld analysts also discuss how external factors such as Federal funding for transportation and Domestic trips by US residents in the Airport Terminal Construction industry impact industry performance..

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    Industry Products

    What is the Airport Terminal Construction Industry?

    Operators in this industry construct airport terminals, with contractors specifically engaging in new terminal construction, reconstruction and additions. This industry also includes construction management companies and special trade contractors that participate in the building of airport terminals.

    Industry Products
    New terminal construction
    Terminal redevelopment
    Terminal renewal and improvement
    Industry Activities
    New airport terminal building construction
    Redevelopment and improvement of existing airport terminals
    gate temporary facilities
    airport support facility

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Federal funding for transportation
  • Domestic trips by US residents
  • International trips by US residents
  • Local and state government investment
  • Inbound trips by non-US residents

  • Current Performance
  • The industry depends on the broader airlines industry
  • Government funding is key
  • Project highlights
  • Increasing costs
  • Chart: Revenue Growth

  • Industry Outlook
  • Federal funding
  • Increasing flights
  • Industry expansion
  • Table: Airport Terminal Construction Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Airport Terminal Construction Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Domestic Airlines
  • Airport Operations
  • Public Administration

  • Key Selling Industries
  • Construction
  • Heavy Equipment Rental
  • Ready-Mix Concrete Manufacturing
  • Utilities

  • Products & Services
  • Terminal renewal and improvement
  • Terminal redevelopment
  • New terminal construction
  • Chart: Airport Terminal Construction Industry Products and Services Segmentation

  • Demand Determinants
  • Lifespan driven projects
  • Demand-driven construction
  • Government funding

  • Major Markets
  • Large hub airports
  • Medium hub airports
  • Other airports
  • Chart: Major Market Segmentation for the Airport Terminal Construction Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesRent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Airport Terminal Construction

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Airport Terminal Construction Industry

  • Industry Globalization
    Major Companies
    Bechtel Group Inc.
  • Table: Bechtel Group Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Airport Terminal Construction Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Airport Terminal Construction Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Federal funding for transportation (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Airport Terminal
  • A building that is designed to connect the aircraft and ground transportation facilities. The building provides services necessary for airline passengers.
  • Commercial Service Airport
  • A public airport that provides services for at least 2,500 annual passengers.
  • Tender
  • A written offer or bid for a particular airport terminal project at a specified rate.
  • Useful Life
  • Useful life is the expected number of years that a specific asset can be expected to efficiently function.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Airport Terminal Construction:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Airport Terminal Construction market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Airport Terminal Construction, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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