Press release
IT Systems Market in Airport - Major Role in Attracting Airlines | Industry Key Leaders: Resa airport data systems, Amadeus IT Group, Rockwell Collins, Siemens, IBM, Northrop Grumman Corporation, SITA
Market Research Future Published a Cooked Research “Global Airport IT Systems Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.The leading market players in the global airport it systems market primarily include RESA AIRPORT DATA SYSTEMS (France), Amadeus IT Group SA (Spain), Rockwell Collins (US), INFORM GmbH (Germany), and Siemens AG (Germany). Other companies that are operating in this market are IBM (US), Ultra Electronics Holdings (UK), SITA (Geneva), Thales Group (France) and IKUSI (Spain).
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Airport IT Systems Market – Market Overview
Airports are constantly seeking new methods to improve their operational efficiencies and enhance passenger air travel. Airport IT systems support the business goals of providing an efficient, passenger-friendly, and cost-effective airport operation. They also interface and integrate the majority of electronic information within the airport, thus ensuring the smooth flow of information for operations, management, and security. Such systems assist the airport authorities or the senior officials to monitor operations and effectively address the business-critical issues. They are also labeled as the precursors to the next-generation of airports due to their advantages.
The smart airport program, a joint initiative of International Air Transport Association (IATA) and Airports Council International (ACI), has been designed to boost the efficiency and profitability of airports even during volatile economic conditions. Such airport terminals are developed around a single, converged IP platform that enables high-speed broadband traffic across the aerodrome. By enabling real-time data exchange and airport-wide integration, the smart airports significantly improve their operational efficiencies, passenger services, and security capabilities. Singapore's Changi Airport, London's Heathrow Airport, and South Korea's Incheon International Airport are some airports that have adopted the smart program.
Increasing demand for air travel have made the government organizations such as International Civil Aviation Organization (ICAO), IATA, FAA, EASA, Civil Aviation Safety Authority (CASA), and European Union (EU) to encourage the development of smart airports. Such an approach would minimize the risks and limit the inconvenience to the passengers, thus enabling safer flight and airport operations. With the increased operational advantages of smart airports, many investments have been signed in the market. Some of them are
• The European airports have planned on investing more than $61 billion in the redevelopment and upgrading of new facilities and services during 2015-2018.
• In 2015, it was proposed that over $50 billion would be invested in the construction, development, and modification of Iraq airports over a decade.
• In 2015, more than $10 billion was invested for the expansion and renovation of terminals and development of airfield inside the Frankfurt airport.
• In 2015, the Heathrow Airport in London gained an investment of $13 billion for its infrastructure and airfield development.
• In 2013, Edinburgh Airport, Scotland committed to invest $166 million, for upgrading the airport’s immigration, baggage reclaims, and security facilities over five years.
• It is also expected that the Indian government and private firms would invest $12.1 billion over 2012-2017. This amount will be used for the construction of new airports, expansion, and modernization of existing airports and development of low-cost airports.
• In 2014, Bristol Airport in England, invested $26.5 million, in its terminal expansion program, which would transform passenger experience.
Airport IT Systems Market – Regional Analysis
In 2014, there were more than 6,000 airports and airfields in APAC, of which the developing countries such as China had 507 airports and India had 346. During the same period, over 19.7 million aircraft movements from the region were recorded, which was 5% higher than 2013.
In 2013, the Airports Authority of India (AAI) signed a seven-year contract, worth $3.44 billion, with SITA for the modernization of AOCC at 10 airports across India such as Ahmedabad, Calicut, Chennai, Guwahati, Jaipur, Kolkata, Mangalore, Pune, Trichy, and Trivandrum. SITA partnered with NIIT Technologies for this multi-airport project. Such developments result in the growth of the market.
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