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2024 U.S. Industry Statistics & Market Forecast - Airport Operations


Market Size & Industry Statistics

The total U.S. industry market size for Airport Operations: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Airport Operations industry include:
  1. Increased emphasis on sustainability and carbon neutrality
  2. Expansion of contactless and biometric technologies
  3. Enhanced focus on passenger health and safety protocols
  4. Growth of artificial intelligence in operations and security
  5. Rising demand for direct routes and reduced connection flights
  6. Integration of Internet of Things (IoT) for improved service and operations efficiency
  7. Increasing use of big data and analytics in passenger flow management
  8. Heightened security measures and advanced screening technologies
  9. Development of smart airports with fully integrated systems
  10. Challenges in workforce management and skill shortages
  11. Economic pressures and fluctuating fuel prices affecting operational costs
  12. Growing influence of low-cost carriers on airport traffic and infrastructure needs
  13. Expansion and modernization projects to accommodate more passengers
  14. Strengthening of regional airports to distribute traffic more evenly
  15. Political and regulatory changes impacting international travel dynamics


Product & Services Breakdown

Research products and services in the Airport Operations industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Air Traffic Control Services

Fixed-Base-Operator Services

Airport Administration And Operation Services

Handling Services For Goods

Maintenance And Repair And Related Services For Aircraft



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry Average Percent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Airport Operations company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Airport Operations industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Airport Operations measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 5%

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Chief Executives0%
General and Operations Managers3%
Office and Administrative Support Occupations 17%
Information and Record Clerks 8%
Installation, Maintenance, and Repair Occupations 26%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 18%
Aircraft Mechanics and Service Technicians 18%
Aircraft Mechanics and Service Technicians 18%
Transportation and Material Moving Occupations 32%
Air Transportation Workers 6%
Other Transportation Workers 11%
Transportation Service Attendants 6%
Aircraft Service Attendants 6%
Material Moving Workers 11%
Laborers and Material Movers 11%
Laborers and Freight, Stock, and Material Movers, Hand 8%
Source: Bureau of Labor Statistics


Airport Operations Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Airport Operations industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Airport Operations industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Airport Operations industry.
Source:
IncFact




Innovation News



Recent Federal Contracts for Airport Operations

  • Apr 01, 2024: INNOVATIVE EMERGENCY MANAGEMENT, INC. (Morrisville, NC) awarded $263,218
  • Mar 29, 2024: MYF PROPERTIES, LLC (San Diego, CA) awarded $90,000
  • Mar 29, 2024: MISCELLANEOUS FOREIGN AWARDEES (Washington, DC) awarded $31,853
  • Mar 28, 2024: MIDWEST AIR TRAFFIC CONTROL SERVICE, INC. (Overland Park, KS) awarded $223,212,050
  • Mar 28, 2024: SIGNATURE FLIGHT SUPPORT LLC (Orlando, FL) awarded $13,197
  • Mar 28, 2024: SERCO INC. (Reston, VA) awarded $331,543,618




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