Saudi Arabia Airport Operation Market Size

Saudi Arabia Airport Operation Market Future Prospects

The Saudi Arabian airport operation market will generate an estimated revenue of USD 197.1 million in 2024, which is expected to witness a CAGR of 5.4% during 2024–2030 to reach USD 269.5 million by 2030. The increasing tourism, logistics demand, population, industrialization, and infrastructure development in the region are the main factors propelling this market's expansion.

Airport operations include air traffic management, terminal operations, ground handling, cargo handling, passenger services, and security services, which are performed to facilitate travel and trade in airports. Advanced radar systems and communications technologies are used for air traffic control, which are used to guide aircraft, manage connections with neighboring countries, and guide in an emergency. These operations are carried out to ensure that passengers have a seamless flight experience without any inconvenience or incident.

This market is growing rapidly due to the growth of Saudi Arabia’s massive airport industry and its infrastructure, as well as the diversification of the economy under Saudi Vision 2030. For instance, the National Aviation Sector Strategy seeks to expand the country's reach by connecting it to 250 destinations, carry 330 million passengers, and handle 4.5 million tons of cargo by 2030.