Market Share of South-East Asia Aviation Infrastructure Industry
The rapidly evolving aerospace industry calls for a solid supply chain where transparency and traceability are of paramount importance, especially due to the high cost of development, which is even expected to skyrocket in case of unanticipated delays. Some of the prominent players in the South-East Asian aviation infrastructure market are GMR Group, Mott MacDonald Group Limited, JGC Holdings Corporation, AECOM Limited, and NEAPOLI Sdn Bhd. The major players are focusing on the constant development of the workforce to execute the on-time completion of infrastructure development projects. Aviation Infrastructure development companies have to work in close synergy with airport authorities to improve airport operations by understanding the barriers and requirements, which will help them in their growth during the forecast period. Furthermore, the market is primarily influenced by the prevalent economic conditions in the region. Hence, during an economic downturn, contracts may be subjected to deferral or cancellation and lead to a relatively slower growth rate, which, in turn, can adversely affect the market dynamics and expose the players to financial duress.
South East Asia Aviation Infrastructure Market Leaders
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AECOM Limited
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GMR Group
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Mott MacDonald Group Limited
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JGC Holdings Corporation
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NEAPOLI Sdn Bhd
*Disclaimer: Major Players sorted in no particular order
