Airport Services Market Size, Share, Growth Analysis, By Airport type(Domestic, and international), By Application (Aeronautical services and non-aeronautical services), By Infrastructure type(Greenfield airport and brownfield airport), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20W2006 | Region: Global | Published Date: April, 2024
Pages: 260 |Tables: 85 |Figures: 76

Airport Services Market Insights

Airport Services Market size was valued at USD 97.87 billion in 2022 and is poised to grow from USD 114.31 billion in 2023 to USD 395.95 billion in 2031, at a CAGR of 16.8% during the forecast period (2024-2031).

Airport services are the centre of commercial relationship between airlines and passengers and revenue is generated from two key sources including aeronautical & non-aeronautical services. Aviation industry overlooks the airport services to flawlessly connect the passengers to further use the airline quality services by designing & developing different types of aircraft, handling production & operations, and others. The modern era is highly contributing to the global airport services, and the services include passenger handling and floor management services.

Modification of existing airport infrastructure and building new airports in developing countries coupled with the growing competition among the airport service providers is captivating the governing bodies throughout countries for improving the quality of their services to attract more passengers and generate more revenue will augment the market growth during the anticipated period. The quality of airport services may vary due to the factors such as economic, technological, and geographical differences. 

Market snapshot - 2024-2031

Global Market Size

USD 97.87 billion

Largest Segment

domestic

Fastest Growth

international

Growth Rate

16.8% CAGR

Global Airport Services Market 2021-2030 ($ Bn)
Country Share for North America Region- 2021 (%)

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Airport Services Market Segmental Analysis

Global airport services market is segmented based on the airport type, application, infrastructure type, and region. Based on airport type, the global market is segmented into domestic, and international. Based on application, the market is segmented into aeronautical services and non-aeronautical services. On the basis of infrastructure type, the Airport Services Market is segmented as greenfield airport and brownfield airport. Based on region, Airport Services Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Airport Services Market Analysis by Airport Type

Based on airport type, the global airport services market is segmented into domestic, and international. The domestic segment is likely to lead the market owing to the continuous increase of domestic passengers during the pandemic due to several factors including shutdown of business and others. On that occasion, this has shifted preference of people to work from anywhere, and so, domestic airline service played a vital role as people visited their hometown and continued their work from there itself. Middle-class people especially in developing countries increased their travel expenditure

On the other hand, the international airport segment is anticipated to rapidly grow after the effects of the coronavirus and people will fly according to their wish and be free from any governmental laws on travelling.

Airport Services Market Analysis by Application

Based on application, the airport services market is segmented into aeronautical services and non-aeronautical services. Aeronautical services are again sub-divided into aircraft maintenance services, Airport Ground And Cargo Handling Services, and passenger services. Aircraft maintenance services comprises maintenance actions for ensuring thorough reliability of the aircraft such as repairs, faulty repairs, inspections, replacements, and others. Aircraft ground handling services include ramp service, parking service and others. Passenger services consist of transit service, security service, and others.

Global Airport Services Market By airport type 2021 (%)

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Airport Services Market Regional Insights

North America was the leading region of the global airport services market in 2021 with a revenue share of USD 25.11 billion, and expected to retain its position during the forecast period. Because of the key market players and rapid growth in the number of domestic and international airlines, it is anticipated to have a positive impact on driving the investments for the betterment of the airport services in the region. The rising demand for smart airports in the developed countries including the U.S.A., and Canada could be an important factor for the airport services market growth.

Due to the growing number of air passengers, Asia Pacific region could be an emerging region holding a significant market share because of the increasing airport constructions, renovation of the existing airports, and the huge orders for new aircraft primarily in India. According to the International Air Transport Association, air passengers from China may cross the United States in 2024.

Europe is also anticipated to witness substantial growth because of the infrastructural advancements in Germany, U.K., and France; whereas Germany is the pivotal point for most of the airport service providers such as LHR Airport, Frankfurt Airport Services Worldwide, and others.

Global Airport Services Market By Geography, 2021-2030
  • Largest
  • Fastest

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Airport Services Market Dynamics

Airport Services Market Drivers

High Investment in Developing Airport Infrastructure to Bolster Market Growth

  • Increasing airport infrastructural developments in smaller cities driving the global airport services market during the aforementioned period. Because of improving customer experience throughout the country. As a result, there is a growing demand for amenities for longer routes, gates addition, and modern air traffic control to boost the market growth.
  • Increasing cost-efficiency airline operators around the world may propel the market growth as cheap travel tickets may attract more travellers along with hassle-free travel and convenience, which in turn have supported the airport services market development.

Airport Services Market Restraints

Stringent Regulations to Hinder Market Growth

  • Stringent government policies by the airport authorities may inhibit the airport services market growth as the fastest growing of the airport transport services likely bring more demand such as enhancing the existing capacity at the old airports, and new aviation infrastructure, resulting in striking more new policies which would not favour private airport operators; thus, these are not supporting the market growth.

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Airport Services Market Competitive Landscape

Global airport services market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.

Airport Services Market Top Player's Company Profiles

  • Swissport International Ltd.
  • Worldwide Flight Services (WFS)
  • dnata
  • Menzies Aviation
  • SATS Ltd.
  • Aviapartner
  • Airport Terminal Services, Inc.
  • BBA Aviation plc
  • Celebi Aviation Holding
  • China National Aviation Corporation (Group) Ltd. (CNAC)
  • Fraport AG Frankfurt Airport Services Worldwide
  • Groupe ADP
  • Japan Airport Terminal Co., Ltd.
  • TAV Airports Holding
  • Aeroports de Paris SA
  • Airports of Thailand Public Co., Ltd.
  • Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP)
  • Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR)
  • Malaysia Airports Holdings Berhad (MAHB)
  • Mumbai International Airport Pvt Ltd. (MIAL)

Airport Services Market Recent Developments

  • A memorandum of agreement (MOU) was signed in September 2023 between Edmonton International Airport (YEG) and Edmonton Destination Marketing Hotels Ltd. (EDMH). By bringing in new airlines, expanding Edmonton's seat capacity, and launching new routes, the partnership will improve the development of air services.
  • To improve passenger convenience and efficiency, Chaudhary Charan Singh International Airport in Lucknow introduced DigiYatra, a digital travel program, in August 2023. The airport makes it possible for passengers to board and check in without difficulty.
  • The Delhi International Airport (DIAL) declared in July 2023 that IDEMIA has been chosen as DigiYatra's technology partner. To verify the identification of domestic travelers, DigiYatra will deploy IDEMIA's facial recognition technology in Hyderabad, Delhi, and Goa.

Airport Services Key Market Trends

  • Artificial intelligence is commonly used in the tourism industry which is making life comfortable for travellers across the globe. Aviation is experiencing huge differences because of the growing trend of both AI technology-powered robots and the devices at the airport. The modernization of airport facilities provides us superior convenience and efficiency to meet the increasing demand. Investments can possibly happen for building smart airports deploying advanced automated technologies at airports for various operational challenges.

Airport Services Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our global airport services market analysis, the APAC region would be the fastest developing one in terms of increasing airport construction, renovation of the current airports in countries like India, and China. India is in third position in the domestic aviation market in the world. Due to the growing preference of low-cost airlines with the rise of air passengers in several regions may augment the market growth during the projected period. However, due to some stringent regulations by the government in airport services in expanding the airport infrastructure and related services, it may result in hindering the market growth.

Report Metric Details
Market size value in 2022 USD 97.87 billion
Growth Rate 16.8%
Base year 2023
Forecast period 2024-2031
Segments covered
  • Airport type
    • Domestic, and international
  • Application 
    • Aeronautical services and non-aeronautical services
  • Infrastructure type
    • Greenfield airport and brownfield airport
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Swissport International Ltd.
  • Worldwide Flight Services (WFS)
  • dnata
  • Menzies Aviation
  • SATS Ltd.
  • Aviapartner
  • Airport Terminal Services, Inc.
  • BBA Aviation plc
  • Celebi Aviation Holding
  • China National Aviation Corporation (Group) Ltd. (CNAC)
  • Fraport AG Frankfurt Airport Services Worldwide
  • Groupe ADP
  • Japan Airport Terminal Co., Ltd.
  • TAV Airports Holding
  • Aeroports de Paris SA
  • Airports of Thailand Public Co., Ltd.
  • Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP)
  • Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR)
  • Malaysia Airports Holdings Berhad (MAHB)
  • Mumbai International Airport Pvt Ltd. (MIAL)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Airport Services Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Airport Services Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Airport Services Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Airport Services Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Airport Services Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Airport Services Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Airport Services Market size was valued at USD 97.87 billion in 2022 and is poised to grow from USD 114.31 billion in 2023 to USD 395.95 billion in 2031, at a CAGR of 16.8% during the forecast period (2024-2031).

airport services market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Swissport International Ltd.', 'Worldwide Flight Services (WFS)', 'dnata', 'Menzies Aviation', 'SATS Ltd.', 'Aviapartner', 'Airport Terminal Services, Inc.', 'BBA Aviation plc', 'Celebi Aviation Holding', 'China National Aviation Corporation (Group) Ltd. (CNAC)', 'Fraport AG Frankfurt Airport Services Worldwide', 'Groupe ADP', 'Japan Airport Terminal Co., Ltd.', 'TAV Airports Holding', 'Aeroports de Paris SA', 'Airports of Thailand Public Co., Ltd.', 'Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP)', 'Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR)', 'Malaysia Airports Holdings Berhad (MAHB)', 'Mumbai International Airport Pvt Ltd. (MIAL)', 'A memorandum of agreement (MOU) was signed in September 2023 between Edmonton International Airport (YEG) and Edmonton Destination Marketing Hotels Ltd. (EDMH). By bringing in new airlines, expanding Edmonton's seat capacity, and launching new routes, the partnership will improve the development of air services. ', 'To improve passenger convenience and efficiency, Chaudhary Charan Singh International Airport in Lucknow introduced DigiYatra, a digital travel program, in August 2023. The airport makes it possible for passengers to board and check in without difficulty. ', 'The Delhi International Airport (DIAL) declared in July 2023 that IDEMIA has been chosen as DigiYatra's technology partner. To verify the identification of domestic travelers, DigiYatra will deploy IDEMIA's facial recognition technology in Hyderabad, Delhi, and Goa.'

Increasing airport infrastructural developments in smaller cities driving the airport services market during the aforementioned period. Because of improving customer experience throughout the country. As a result, there is a growing demand for amenities for longer routes, gates addition, and modern air traffic control to boost the market growth.

Artificial intelligence is commonly used in the tourism industry which is making life comfortable for travellers across the globe. Aviation is experiencing huge differences because of the growing trend of both AI technology-powered robots and the devices at the airport. The modernization of airport facilities provides us superior convenience and efficiency to meet the increasing demand. Investments can possibly happen for building smart airports deploying advanced automated technologies at airports for various operational challenges.

North America was the leading region of the airport services market in 2021 with a revenue share of USD 25.11 billion, and expected to retain its position during the forecast period. Because of the key market players and rapid growth in the number of domestic and international airlines, it is anticipated to have a positive impact on driving the investments for the betterment of the airport services in the region. The rising demand for smart airports in the developed countries including the U.S.A., and Canada could be an important factor for the airport services market growth.

Airport Services Market size was valued at USD 97.87 billion in 2022 and is poised to grow from USD 114.31 billion in 2023 to USD 395.95 billion in 2031, at a CAGR of 16.8% during the forecast period (2024-2031).

Global airport services market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Swissport International Ltd.', 'Worldwide Flight Services (WFS)', 'dnata', 'Menzies Aviation', 'SATS Ltd.', 'Aviapartner', 'Airport Terminal Services, Inc.', 'BBA Aviation plc', 'Celebi Aviation Holding', 'China National Aviation Corporation (Group) Ltd. (CNAC)', 'Fraport AG Frankfurt Airport Services Worldwide', 'Groupe ADP', 'Japan Airport Terminal Co., Ltd.', 'TAV Airports Holding', 'Aeroports de Paris SA', 'Airports of Thailand Public Co., Ltd.', 'Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP)', 'Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR)', 'Malaysia Airports Holdings Berhad (MAHB)', 'Mumbai International Airport Pvt Ltd. (MIAL)'

Increasing airport infrastructural developments in smaller cities driving the global airport services market during the aforementioned period. Because of improving customer experience throughout the country. As a result, there is a growing demand for amenities for longer routes, gates addition, and modern air traffic control to boost the market growth.

Artificial intelligence is commonly used in the tourism industry which is making life comfortable for travellers across the globe. Aviation is experiencing huge differences because of the growing trend of both AI technology-powered robots and the devices at the airport. The modernization of airport facilities provides us superior convenience and efficiency to meet the increasing demand. Investments can possibly happen for building smart airports deploying advanced automated technologies at airports for various operational challenges.

North America was the leading region of the global airport services market in 2021 with a revenue share of USD 25.11 billion, and expected to retain its position during the forecast period. Because of the key market players and rapid growth in the number of domestic and international airlines, it is anticipated to have a positive impact on driving the investments for the betterment of the airport services in the region. The rising demand for smart airports in the developed countries including the U.S.A., and Canada could be an important factor for the airport services market growth.

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