CHICAGO, March 11, 2024 /PRNewswire/ — According to a research report, ‘Future of Airport Industry to 2030’ published by MarketsandMarkets: Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%. The airport industry’s significant regional investments reflect a broader global trend toward expanding and upgrading airport infrastructure. This trend is driven by anticipated growth in passenger traffic, the strategic importance of these regions as international transit hubs, and the recognition of airport infrastructure as a critical component of broader economic development and tourism strategies.
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A significant portion is allocated towards terminal expansion and upgrades to improve passenger flow and experience. Runway…
