Albany, NY -- (SBWIRE) -- 04/01/2021 -- Smart Airport Market: Overview
According to a new market report titled Smart Airport Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027' published by Transparency Market Research rise in demand for automated and self-service processes and increasing number of air passengers leading to high airport traffic are the major factors driving the smart airports market. Globally, the smart airports market is anticipated to expand at a CAGR of 13.0% during the forecast period from 2019 to 2027.
Smart Airport Market: Scope of the Report
The global smart airport market can be segmented –based on infrastructure, application, solutions and services. Based on infrastructure, the market can be classified into endpoint devices, communication systems, passenger, cargo and baggage handling, air traffic control systems, security systems, and others. The security system segment is anticipated to dominate the market in terms of investment during the forecast period. The expansion of the security systems segment is likely to be driven by rising demand for biometric devices by airports for the identification and checking process. Based on solution, the market can be segmented into terminal side, airside, and landside. The expansion of the terminal side segment is expected to be driven by rising demand for digital video surveillance and management solutions by airports to enhance the security and productivity of the workplace. In terms of application, the market can be split into core and business application segments. Based on service, the smart airport services market can be classified into smart transport and parking, smart retail, hospitality, and entertainment, smart workplace, smart airport processes, and smart business-to-business services. The smart airport processes segment is expected to expand owing to high demand for location-based, terminal-side, and landside services. Moreover, the rise in penetration of smartphones and tablets is playing a major role in changing the outlook of smart airports. Effective customer service differentiation and cost reduction are the two main benefits provided by the presence of mobile check-in facilities.
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Rise in Demand for Automated and Self-service Processes is driving the Global Smart Airports Market
Demand for automated and self-service processes is on the rise due to increasing number of passengers at airports and the rise in need for effectively managing airport operations. This is, in turn, driving the requirement for upgraded solutions that would ease and allow automation of the processes at airports. A majority of airports are now focusing on self-service solutions and adopting new technologies such as robotics kiosk, facial recognition, automated passport control, and others to manage airport operations effectively. Companies are also introducing advanced technology solutions and systems in the market and are investing heavily in digital technologies and IT to provide value added services to customers. Rising demand for various technologically-advanced communication systems, non-aeronautical systems, and security systems is anticipated to boost the market over the forecast period.
Global Smart Airport Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global smart airport market. Some of the key players in the smart airport market are SITA, Amadeus IT Group SA, IBM Corporation, Vision-Box, Siemens AG, Honeywell International, Inc., CISCO System, Inc., Thales Group, ESA, S.A.S., and Lufthansa Systems GmbH & Co. KG. Business strategies being adopted by the market leaders are largely focused on business expansion by offering cost-effective ICT infrastructure to midsized airports including smart connectivity and improving airport experience, and enhancing the product and service offerings through R&D. Leading players are currently focusing on integrating products to create a new customer base. As a part of this strategy, companies are engaging in various strategic partnerships and acquisitions.
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Market Segmentation:
Global Smart Airport Infrastructure Segment Analysis
Endpoint Devices
Sensors
Tags
IP Phone
Video Conferencing
Communication Systems
Wireless Airports
Smart Phones
Near Field Communication
Social Media
Passenger, Cargo and Baggage Ground Handling Control
IoT Enabled Beacons
Robots for Passenger and Baggage Movement
Common-use Self-service (CUSS) Kiosks
RFID Baggage Reconciliation System
E-gates
Air/Ground Traffic Control
Smart Systems & Scalable Air Traffic Management Solutions (ATM)
Automated Passport Control
Security Systems
Biometrics
Alerts & Cyber Security
E-Fence & Ground Surveillance Radar
E-Tag System
Others (Navigational, Landing Aids, Digital Signage, Airport Management Software)
Global Smart Airport Solutions Segment Analysis
Terminal Side
HVAC
Lighting Control
Digital Video Surveillance and Management (DVM)
Fire and Life Safety Solutions
Energy Management
Life Cycle Services
Building Management and Automation Systems
Airside
Advanced Visual Docking Guidance System (A-VDGS)
Airfield Ground Lighting (AGL)
Surface Movement Guidance
Runway Improvement and Apron Management
Digital and Radar Video Surveillance
Landside
Parking
Access Roads
Perimeter Security
Car Rental
Mass Transit
Airport City
Global Smart Airport Applications Analysis
Core Applications
Content Management
Business Intelligence
Next-Generation Web
Collaboration
Integration
Business Applications
Noise Abatement
Fee Management
Performance Management
Gate Management
Global Smart Airport Services Analysis
Smart Transport and Parking Services
Real-time Travel Services
Intelligent Transport Services
Trip Concierge
Smart Retail, Hospitality, and Entertainment Services
Passenger-Specific Retail and Hospitality
Intelligent Advertising
Lean Retail Solutions
Telepresence Rooms
Smart Workplace Service
Equipment Telematics Solutions
Mobile Worker and Expert Locator
Smart Airport Processes
Location-Based Services
RFID Baggage Tagging
No-queue Check-in Solutions
Smart Business-to-Business Services
Traffic and Facilities Management
Smart Supply-Chain and MRO Services
By Geography
North America
U.S.
Rest of North America
Europe
Germany
The U.K.
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Rest of Asia Pacific
Middle East and Africa (MEA)
GCC Countries
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America
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