Indian Airports Market Assessment
Airport infrastructure in India is witnessing improvisation and expansion on a massive scale, with the Government avidly supporting private participants. The need for airport infrastructure in India has increased considerably. In order to ramp up airport infrastructure, the government on has unveiled reforms to facilitate investment in this segment. It has been indicated that the long-term prospects for both private participants and the country are attractive. The investment in Indian airport infrastructure market, especially in the Greenfield projects is expected to increase.
According to our latest research report “India Airport Market Assessment”, rise in per capita income is making air travel more affordable for Indian travelers. It is anticipated that by FY 2015, Indian airports (including domestic and international) will handle close to 256 Million passengers. Country’s fast growing tourism industry will also add fuel to the market and improvise airport industry’s positive future outlook. The need for internationally benchmarked airports is increasing in nation. Therefore, non-metro cities are getting authority’s attention so as to develop Greenfield projects under Public private partnership in various parts of country so as to boost tourism and trade in the region.
Additionally, in the five years from FY 2011 to FY 2015 AAI expects 10% annual growth in international cargo traffic. However, Indian airports have capacity constraints and are hampered by factors like inadequate parking bays, single runways and cargo handling and customs clearance capabilities that have led to congestion and delay. Therefore, AAI is in process of modernizing and expanding the cargo handling facilities.
Further, the airport sector has managed to attract considerable private interest. According to the 11th Plan projections, Private investment was expected to contribute INR 231.55 Billion, (US$ 4.63 Billion) which is 64% of the total investment in airport infrastructure. The PPP route has progressively gained importance and is being used either for modernization or construction of airports or only for city-side development at airports.
Our team of researchers has analyzed that rising investment and growing private participation in construction are the major strengths of the industry whereas insufficient airport services and poor infrastructure facilities are weakening this sector. Furthermore, Information Technology that plays a strategic role in business transformation for the airport industry holds enormous opportunities in this sector. PPP airports are deploying numerous new technologies in India.
Our report “India Airport Market Assessment” is an outcome of extensive research and thorough analysis of the Indian airport industry. The report provides statistics/analysis on prominent airport projects including completed, ongoing and proposed Greenfield and Brownfield projects. We have also covered scenario of project by metro and non metro cities. Most importantly, the report has also provided industry forecasts based on correlation of past drivers, challenges, and opportunities for expansion. It has also discussed the PEST analysis, strength, weakness, opportunities and roadblocks of the industry. In this way, the report presents a complete and coherent analysis of the Indian airport industry, which will prove decisive for clients.
According to our latest research report “India Airport Market Assessment”, rise in per capita income is making air travel more affordable for Indian travelers. It is anticipated that by FY 2015, Indian airports (including domestic and international) will handle close to 256 Million passengers. Country’s fast growing tourism industry will also add fuel to the market and improvise airport industry’s positive future outlook. The need for internationally benchmarked airports is increasing in nation. Therefore, non-metro cities are getting authority’s attention so as to develop Greenfield projects under Public private partnership in various parts of country so as to boost tourism and trade in the region.
Additionally, in the five years from FY 2011 to FY 2015 AAI expects 10% annual growth in international cargo traffic. However, Indian airports have capacity constraints and are hampered by factors like inadequate parking bays, single runways and cargo handling and customs clearance capabilities that have led to congestion and delay. Therefore, AAI is in process of modernizing and expanding the cargo handling facilities.
Further, the airport sector has managed to attract considerable private interest. According to the 11th Plan projections, Private investment was expected to contribute INR 231.55 Billion, (US$ 4.63 Billion) which is 64% of the total investment in airport infrastructure. The PPP route has progressively gained importance and is being used either for modernization or construction of airports or only for city-side development at airports.
Our team of researchers has analyzed that rising investment and growing private participation in construction are the major strengths of the industry whereas insufficient airport services and poor infrastructure facilities are weakening this sector. Furthermore, Information Technology that plays a strategic role in business transformation for the airport industry holds enormous opportunities in this sector. PPP airports are deploying numerous new technologies in India.
Our report “India Airport Market Assessment” is an outcome of extensive research and thorough analysis of the Indian airport industry. The report provides statistics/analysis on prominent airport projects including completed, ongoing and proposed Greenfield and Brownfield projects. We have also covered scenario of project by metro and non metro cities. Most importantly, the report has also provided industry forecasts based on correlation of past drivers, challenges, and opportunities for expansion. It has also discussed the PEST analysis, strength, weakness, opportunities and roadblocks of the industry. In this way, the report presents a complete and coherent analysis of the Indian airport industry, which will prove decisive for clients.
1. ANALYST VIEW
2. RESEARCH METHODOLOGY
3. MACROECONOMIC INDICATORS
4. INDUSTRY DRIVERS
4.1 Booming Business Class Passenger Traffic
4.2 Growing International Tourism to Drive Airport Expansion
4.3 Soaring Freight Traffic Needs Development of Cargo Handling Capacity
4.4 Rising Income Level Raising Affordability for Air Travel
5. INDUSTRY OVERVIEW
5.1 Passenger Services
5.2 Ancillary Services
5.3 Cargo Services
6. MARKET STRUCTURE AND SEGMENTATION
6.1 By Projects
6.1.1 Completed
6.1.1.1 Green Field Projects
6.1.1.2 Brown Field Projects
6.1.2 Ongoing
6.1.2.1 Green Field Projects
6.1.2.2 Brown Field Projects
6.1.3 Proposed
6.1.3.1 Green Field Projects
6.2 By Cities - Project Scenario
6.2.1 Metro
6.2.1.1 Green Field Projects
6.2.1.2 Brown Field Projects
6.2.2 Non-Metro
6.2.2.1 Green Field Projects
6.2.2.2 Brown Field Projects
6.3 Passenger Handling Capacity
6.3.1 International Airports
6.3.2 Domestic Airports
6.4 Cargo Handling Capacity
6.4.1 International Airports
6.4.2 Domestic Airports
6.5 By Ownership
6.5.1 AAI
6.5.2 Private Participation
6.6 Airport Financing
6.6.1 Public Investments
6.6.2 Private Investments
7. CURRENT INDUSTRY TRENDS
7.1 Increasing Interest of Foreign Players
7.2 Increasing Focus on User Development Fees
7.3 Rising Private Participation for Airports Construction
7.4 Non-scheduled Airlines Increasing Aircraft Traffic
8. IT INFRASTRUCTURE OPPORTUNITY
9. OTHER OPPORTUNITIES ANALYSIS
10. STRENGTH & WEAKNESS ANALYSIS
11. PEST ANALYSIS
12. INDUSTRY ROADBLOCKS
13. REGULATORY ENVIRONMENT & LEGAL FRAMEWORKS
14. INDUSTRY ASSOCIATIONS
14.1 Airports Authority of India (AAI)
14.2 Airports Economic Regulatory Authority (AERA)
14.3 Directorate General of Civil Aviation (DGCA)
14.4 Association of Private Airport Operators (APAO)
15. COMPETITIVE LANDSCAPE
15.1 AAI
15.2 GMR Infrastructure Limited
15.3 GVK
15.4 Siemens
15.5 Larsen & Toubro Construction
2. RESEARCH METHODOLOGY
3. MACROECONOMIC INDICATORS
4. INDUSTRY DRIVERS
4.1 Booming Business Class Passenger Traffic
4.2 Growing International Tourism to Drive Airport Expansion
4.3 Soaring Freight Traffic Needs Development of Cargo Handling Capacity
4.4 Rising Income Level Raising Affordability for Air Travel
5. INDUSTRY OVERVIEW
5.1 Passenger Services
5.2 Ancillary Services
5.3 Cargo Services
6. MARKET STRUCTURE AND SEGMENTATION
6.1 By Projects
6.1.1 Completed
6.1.1.1 Green Field Projects
6.1.1.2 Brown Field Projects
6.1.2 Ongoing
6.1.2.1 Green Field Projects
6.1.2.2 Brown Field Projects
6.1.3 Proposed
6.1.3.1 Green Field Projects
6.2 By Cities - Project Scenario
6.2.1 Metro
6.2.1.1 Green Field Projects
6.2.1.2 Brown Field Projects
6.2.2 Non-Metro
6.2.2.1 Green Field Projects
6.2.2.2 Brown Field Projects
6.3 Passenger Handling Capacity
6.3.1 International Airports
6.3.2 Domestic Airports
6.4 Cargo Handling Capacity
6.4.1 International Airports
6.4.2 Domestic Airports
6.5 By Ownership
6.5.1 AAI
6.5.2 Private Participation
6.6 Airport Financing
6.6.1 Public Investments
6.6.2 Private Investments
7. CURRENT INDUSTRY TRENDS
7.1 Increasing Interest of Foreign Players
7.2 Increasing Focus on User Development Fees
7.3 Rising Private Participation for Airports Construction
7.4 Non-scheduled Airlines Increasing Aircraft Traffic
8. IT INFRASTRUCTURE OPPORTUNITY
9. OTHER OPPORTUNITIES ANALYSIS
10. STRENGTH & WEAKNESS ANALYSIS
11. PEST ANALYSIS
12. INDUSTRY ROADBLOCKS
13. REGULATORY ENVIRONMENT & LEGAL FRAMEWORKS
14. INDUSTRY ASSOCIATIONS
14.1 Airports Authority of India (AAI)
14.2 Airports Economic Regulatory Authority (AERA)
14.3 Directorate General of Civil Aviation (DGCA)
14.4 Association of Private Airport Operators (APAO)
15. COMPETITIVE LANDSCAPE
15.1 AAI
15.2 GMR Infrastructure Limited
15.3 GVK
15.4 Siemens
15.5 Larsen & Toubro Construction
LIST OF FIGURES
Figure 5-1: Breakup of Major Airport Operator’s Revenue (%), FY 2010
Figure 5-2: Airport’s Non-Aeronautical Revenue (Billion INR), FY 2010 - FY 2015
Figure 5-3: Air Passenger Traffic (Million), FY 2010-FY 2015
Figure 5-4: MRO Industry (Million US$), 2010-2015
Figure 5-5: Ground Handling Services Industry (Million US$), 2010-2015
Figure 5-6: Air Freight Traffic (Million Metric Tons), FY 2010 - FY 2015
Figure 6-1: Public Investment in Airport Infrastructure, (Billion INR), FY 2008-FY2012
Figure 6-2: Private Investment in Airport infrastructure, (Billion INR), FY 2008-FY2012
Figure 9-1 Airport Ground Support Equipment Industry (Million US$), 2010-2015
Figure 5-1: Breakup of Major Airport Operator’s Revenue (%), FY 2010
Figure 5-2: Airport’s Non-Aeronautical Revenue (Billion INR), FY 2010 - FY 2015
Figure 5-3: Air Passenger Traffic (Million), FY 2010-FY 2015
Figure 5-4: MRO Industry (Million US$), 2010-2015
Figure 5-5: Ground Handling Services Industry (Million US$), 2010-2015
Figure 5-6: Air Freight Traffic (Million Metric Tons), FY 2010 - FY 2015
Figure 6-1: Public Investment in Airport Infrastructure, (Billion INR), FY 2008-FY2012
Figure 6-2: Private Investment in Airport infrastructure, (Billion INR), FY 2008-FY2012
Figure 9-1 Airport Ground Support Equipment Industry (Million US$), 2010-2015
LIST OF TABLES
Table 3-1: Macroeconomic Statistics (2010-2015)
Table 6-1: Greenfield Airport Projects Completed
Table 6-2: Brownfield Airport Projects Completed
Table 6-3: Greenfield Airport Projects Ongoing
Table 6-4: Brownfield Airport Projects Ongoing
Table 6-5: Greenfield Airport Projects Proposed
Table 6-6: Major International Airports Present & Proposed Passenger Handling Capacity
Table 6- 7: Major Domestic Airports Present Passenger Handling Capacity
Table 6-8: Major International Airports Present & Proposed Freight Handling Capacity
Table 6-9: Major Domestic Airports Freight Handled
Table 6-10: AAI Managed International Airports
Table 6-11: Privately Managed International Airports
Table 3-1: Macroeconomic Statistics (2010-2015)
Table 6-1: Greenfield Airport Projects Completed
Table 6-2: Brownfield Airport Projects Completed
Table 6-3: Greenfield Airport Projects Ongoing
Table 6-4: Brownfield Airport Projects Ongoing
Table 6-5: Greenfield Airport Projects Proposed
Table 6-6: Major International Airports Present & Proposed Passenger Handling Capacity
Table 6- 7: Major Domestic Airports Present Passenger Handling Capacity
Table 6-8: Major International Airports Present & Proposed Freight Handling Capacity
Table 6-9: Major Domestic Airports Freight Handled
Table 6-10: AAI Managed International Airports
Table 6-11: Privately Managed International Airports
