Smart Airport Market Report by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The global smart airport market is anticipated to reach USD 1.8 billion by 2020 growing at a CAGR of 19.6% during the forecasting period, 2020-2028.
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Factors such as increased demand for real-time information and growing advancement in connectivity technologies are driving the market for smart airport
Regional Analysis
North America region has come up as the prominent region for the leading share in the overall global market during the forecast period 2020-2028. The presence of leading companies such as Collins Aerospace, IBM Corporation, and Cisco Systems, Inc. are fuelling the market for smart airports.
Key players in the global smart airport market are:
· Collins Aerospace,
· IBM Corporation,
· Huawei Technologies Co., Ltd.,
· Cisco Systems, Inc.,
· Sabre Corp.,
· Amadeus IT Group SA,
· SITA,
· Honeywell International Inc.,
· Siemens AG,
· Thales Group,
· Indra Sistemas,
· S.A.,
· Daifuku Co., Ltd., and among others
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Recent Developments
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
In 2019, Collins Aerospace Systems recreated Brazil’s Salvador - Deputado Luís Eduardo Magalhães International Airport (SSA) by providing several industry-leading solutions for increasing efficiency and improving passenger processing times
In 2019, IBM Corporation and Arrow Electronics launched the Smart Airport Asset Management solution for improving the performance of escalators, baggage handling, portable water cabinets, moving walkways
Key Findings
· The global smart airport market is segmented into the system, airport size, application, type, operation, end-market and, geography.
· System segment is segmented into Endpoint Devices, Communication & Network Systems, Software & Solutions and, Data Storage
· Airport Size segment is segmented into Large, Medium, and Small
· Application segment is segmented into Terminal Side, Landside, and Airside
· The type segment is segmented into Airport 2.0, Airport 3.0, and Airport 4.0
· Operation segment is segmented into Aeronautical and Non-Aeronautical
· The end-Market segment is segmented Implementation, and Upgrades & Service
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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