Smart Airport Market 2018-2023 | Leading Players : Honeywell, Rockwell Collins, SITA, Siemens, IBM, Cisco, Raytheon, Amadeus IT

Global Smart Airport Market by Technology (Security Systems, Communication Systems, Cargo & Baggage Handling Control, and Other technologies), Application, Terminal type, Airside, Landside, and by Region- Forecast to 2023

Market Research Future published a raw research report on Global Smart Airport Market that contains the information from 2017 to 2023. Smart Airport Market is estimated to witness a CAGR of approximately 12% from 2017 to 2023.

The aim of constructing smart airport is to form systems and processes digitally equipped and organized, in terms of process efficiency and connectivity.

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A rising trend in smart airport market is the commercialization of intelligent technologies that provides a digital system, such as automated arrival, flight book management, and baggage and document check for airports. Airports across the world are more inclined towards adopting technology-enabled devices, such as smart baggage system and on-site application of Internet of Things (LOT), to remodel customer experiences.

Queue management systems should be developed that utilize existing CCTV systems and predict the waiting time in arrival areas, security checkpoints, taxi lanes, and passport management at the airports. Queue management system counts the number of passengers captured with the help of CCTV cameras, calculates the waiting time of each passenger, and predicts the time lost in a queue.

The introduction of devices with innovative choices, such as client identification through a singular heartbeat pattern with biometric signatures, and therefore, the preparation of artificial intelligence technology across airports, are supporting the management of giant airport databases.

At present, airports are accumulating individual passenger knowledge and are creating data to provide various extra edges to passengers, such as knowledge concerning the closest retail locations, live updates on flight standing, traffic and parking updates, steerage for arrival and baggage drop, directions for immigration check, and live updates on bus and taxi transportation services.

North America accounted for the largest market share in the global smart airport market. Quick developments at smart airports across the U.S. are supported by several factors.

Asia Pacific is anticipated to emerge as the fastest growing region during the forecast period. Asia Pacific region is looking forward to implement AI technology, robotics, and biometric-enabled bag drop facilities in Japan and China. This region is anticipated to expand in terms of security, technology, infrastructure, and services by providing new innovative solutions to passengers, such as automatic bag drop and self-service check-ins.

The Middle East region is anticipated to experience a profound growth over the forecast period. The rising passenger traffic and the growth of field modernization programs across major airports have increased in the last few years. Busy airports across the UAE have started adopting voice-based AI tools.

By application, the global smart airport market is segmented by Aeronautical Operations & Non-aeronautical Operations.

The smart airport market is segmented by applications into aeronautical and non-aeronautical operations. The non-aeronautical segment is expected to witness major growth over the forecast period. Services such as stores, restaurants, smart parking, Wi-Fi, advertising, lounge access, and personalized services are increasing in non-aeronautical applications.

Key Players

We acknowledge the key players within the world smart airport market as Rockwell Collins, Inc. (U.S.), Siemens AG (Germany), Sita (Switzerland), IBM Corporation (U.S.), Cisco Systems INC. (U.S.), Honeywell Corporation Inc. (U.S.), Raytheon (U.S.), Kiewit (U.S.), Raytheon (U.S.), Larsen & Toubro (India), and Amadeus IT Group SA (Spain).

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Scope of Report

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global smart airport market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both – historical market values and pricing & cost analysis.

Taste the market data and market information presented through more than 85 market data tables and 54 figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Smart Airport Market Information from 2017 to 2023"

Table Of Contents

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis

Continues...

List Of Tables

Table 1 Global Smart Airport Market: By Region, 2017-2023
Table 2 North America Smart Airport Market: By Country, 2017-2023
Table 3 Europe Smart Airport Market: By Country, 2017-2023
Table 4 Asia Pacific Smart Airport Market: By Country, 2017-2023
Table 5 Row Smart Airport Market: By Country, 2017-2023
Table 6 Global Smart Airport Market, By Technology, By Regions, 2017-2023

Continues.....

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