Smart Airport Market 2019-2023 | Leading Players- Honeywell, Rockwell Collins, SITA, Siemens, IBM, Cisco, Raytheon and 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

Smart Airport Market previsioned to expand with 12% CAGR between 2017 and 2023

The key players in smart airport market are Honeywell Corporation Inc (U.S.), Rockwell Collins, Inc. (U.S.), SITA (Switzerland), Siemens AG (Germany), IBM Corporation (U.S.), Cisco Systems Inc. (U.S.), Raytheon (U.S.), Kiewit (U.S.), Larsen & Toubro (India), and Amadeus IT Group SA (Spain).

Get Sample Report with Complete TOC @ https://www.marketresearchfuture.com/sample_request/5882

Market Scenario

The global smart airport market has grown drastically with innovative technologies that have enhanced user experiences. The rise in demand for real-time data is anticipated to drive the market growth, as it help to ease the burden on airport infrastructure and manpower. The key growth drivers include modernization of previous airports, establishment of new airports, development in commercial aviation, and increase in green initiatives by the airports. The aim of constructing a smart airport is to create systems and processes that are digitally equipped and arranged, in terms of process efficiency and connectivity.

The introduction of various devices with innovative options, such as client identification through a unique heartbeat pattern with the assistance of biometric signatures and preparation of artificial intelligence technology, across airports are supporting the management of huge airport databases.

Smart robots are set to rise the productivity of the workforce, working at Singapore Changi airport. A smart wheelchair system, wheelchairs guided by vision-based technology is the latest technology which is to be implemented at the airport in the upcoming years. Different technologies include Roboto, a prototype robotic chef, which prepares ‘laksa’ for passengers in Sats Premier Lounge.

A rising trend within the industry is the development and commercialization of recent intelligent technologies that provide a digital ecosystem, such as machine-driven arrival, flight booking management, and baggage and document checks to the passengers. Airports across the globe are progressively adopting technology-enabled devices, such as smart baggage system and on-site application of Internet of Things (LoT) to transform customer experiences. Moreover, development of queue management systems that utilize existing CCTV systems and predict the waiting time in arrival areas, security checkpoints, taxi lanes, and passport management will help to locate the passenger in less time. Queue management system counts the number of passengers captured within the CCTV cameras, calculate the waiting time, and predict the time spent by a traveler in a queue.

At present, airports are accumulating traveler data to provide various added advantage to passengers, such as data regarding the nearest retail locations, live updates on flight status, traffic and parking updates, guidance for arrival and baggage drop, directions for immigration check, and live updates on bus and taxi transportation services.

The various application varieties analyzed, within the report, embrace aeronautical and non-aeronautical operations. The non-aeronautical segment is expected to witness important growth throughout the forecast period. Services such as retail outlets, advertising, smart parking, Wi-Fi, restaurants, lounge access, and personalized services are driving the growth in non-aeronautical applications.

Airports, worldwide, have started diversifying their financial gain and are spending huge amount to implement non-aeronautical operations, such as providing parking facilities, lounges, conference rooms, and boarding and lodging facilities. Airports are currently focusing their efforts on traveler satisfaction and have started providing various facilities, such as providing personalized data relating to retail showrooms and related offers, by analyzing the precise habits and wishes of previous visited passengers, so as to make customized user expertise for the new passengers.

The segment, terminal side is predicted to emerge as the largest section during the forecast period. Terminal side updated information is provide to the traveler on their smartphones so as to know the landing field kiosks. It also involves devices that provide location services and alerts for guiding traveler to their terminals and gates with personalized retail and hospitality offerings.

The smart airport market is estimated to grow at a CAGR of more than 12% during the forecast period of 2017-2023. This estimation of a CAGR is due to the rise in usage of digital technologies worldwide, aircraft companies are more focusing towards the digital transformation to enhance personal experience of the passengers.

Scope of Report

The report for Global Solar Powered UAV Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions

Early Diners Are Offered Free Customization- Up to 20%
Get Attractive Discount @ https://www.marketresearchfuture.com/check-discount/5882

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

4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends

Continued........

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
Table 7 North America Smart Airport Market, by Technology, by Country, 2017-2023
Table 8 Europe Smart Airport Market, by Technology, by Country, 2017-2023
Table 9 Asia Pacific Smart Airport Market by Technology, by Country, 2017-2023

Continued........

List of Figures

Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Smart Airport Market Share, by Technology, 2016 (%)

Continued........

Ask for your specific company profile and country level customization on reports.

Get More Information on Smart Airport Market Research Report – Forecast to 2023 @ https://www.marketresearchfuture.com/reports/smart-airport-market-5882

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
Office No. 524/528
Amanora Chambers
Magarpatta Road
Hadapsar
Pune -411028
Maharashtra, India

This release was published on openPR.