Global Smart Airports Market to Reach $15.4 Billion with 6.0% CAGR Forecast to 2022

Global Smart Airports market is accounted for $10.25 billion in 2015, and is projected to register a CAGR of 6.0% to reach $15.4 billion by 2022.


New York, NY -- (SBWIRE) -- 11/01/2017 -- According to Stratistics MRC, the Global Smart Airports market is accounted for $10.25 billion in 2015, and is projected to register a CAGR of 6.0% to reach $15.4 billion by 2022. Growing air passenger traffic, increasing capital investments to modernize airports, and growing concerns for security are the major factors boosting the market growth. Furthermore, raising demand for baggage management, innovative technological advancements in systems & solutions are some of the other factors driving the market. On the other hand, intensified competition, indefinite operational and regulatory guidelines are the restrains limiting the market growth.

Airport operations and business models have progressed dramatically over the last two decades to support the rapid growth of the global airline industry. Passengers are keen to induce new services to trim down their travel stress and ease the processing from check-in to boarding the flight. The technological advancements provided by the smart airports help reduce the passengers stress of journey and offers convenience. The Asia Pacific smart airport market is anticipated to grow at the highest CAGR amongst all regions. The growth is attributed to increasing in number of airports, raising demand for hassle free air travelling, and growing air passenger traffic.

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Some of the key players in global smart airports market include Airit, Amadeus IT Group SA

CISCO System, Inc., Honeywell International, Inc., IBM, Indra, Nice Systems Ltd., Qinetiq Group PLC, Raytheon Company, Sabre, Selex Es S.P.A, Siemens AG, SITA, Thales Group, and Wipro Limited.

Services Covered:
- Smart Workplace Services
o Mobile Worker And Expert Locator
o Equipment Telematics Solutions
- Smart Business-to-Business Services
o Smart Supply-Chain and MRO Services
o Traffic and Facilities Management
- Smart Transport and Parking Services
o Trip Concierge
o Real-time Travel Services
o Intelligent Transport Services
- Smart Airport Processes
o RFID Baggage Tagging
o No-queue Check-in Solutions
o Location-Based Services
- Smart Retail, Hospitality, and Entertainment Services
o Intelligent Advertising
o Telepresence Rooms
o Passenger-Specific Retail And Hospitality
o Lean Retail Solutions

Solutions Covered:
- Landside
o Access Roads
o Airport City
o Car Rental
o Mass Transit
o Parking
o Perimeter Security
- Terminal Side
o Energy Management
o Building Management And Automation Systems
o Digital Video Surveillance And Management (DVM)
o Fire And Life Safety Solutions
o Life Cycle Services
o Lighting Control
- Airside
o Surface Movement Guidance
o Airfield Ground Lighting (AGL)
o Digital and Radar Video Surveillance
o Runway Improvement and Apron Management
o Advanced Visual Docking Guidance System (A-VDGS)

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Technologies Covered:
- Security Systems
o Alerts & Cyber Security
o Biometrics
o E-Tag System
o E-Fence & Ground Surveillance Radar
- Passenger, Cargo and Baggage Ground Handling Control
o Robots for Passenger and Baggage Movement
o RFID Baggage Reconciliation System
o IoT Enabled Beacons
o E-gates
o Common-use Self-service (CUSS) Kiosks
- Endpoint Devices
o IP Phone
o Sensors
o Video Conferencing
o Tags
- Communication Systems
o Near Field Communication
o Smart Phones
o Wireless Airports
o Social Media
- Air/Ground Traffic Control
o Automated Passport Controls
o Smart Systems & Scalable Air Traffic Management Solutions (ATM)
- Other Technologies
o Airport Management Software
o Digital Signage
o Landing Aids
o Navigational

Applications Covered:
- Business Applications
o Fee Management
o Gate Management
o Noise Abatement
o Performance Management
- Core Applications
o Business Intelligence
o Collaboration
o Content Management
o Integration
o Next-Generation Web

Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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