What's driving the Smart Airport Market growth? Siemens AG, Rockwell Collins, Inc., Thales Group, IBM Corporation, Cisco Systems, Inc., Amadeus IT Group SA, Honeywell International

Market Study Report LLC recently introduced new title on “2018-2026 Global Smart Airport Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2026.

The rising adoption of Internet of Things, and increasing security concerns boosts the adoption of smart airport solutions. Other factors driving the market growth include increasing need to offer personalized services to travelers, rising demand for real-time information, and growing need to simplify and enhance user experience. New emerging markets, technological advancements, modernization of old airports, and increasing awareness among consumers regarding efficient energy use would provide growth opportunities for market in the coming years.

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The global smart airport market is estimated to reach USD 31.10 billion by 2026 growing at a CAGR of 11.2% during the forecast period, according to a new study. provides an extensive analysis of present market dynamics and predicted future trends. In 2017, the hardware segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global market.

The growing implementation of self-service kiosks at airports along with increasing costs associated with high energy use increases the demand for smart airport solutions. The increasing penetration of mobile and smart devices, along with government regulations regarding energy use and emissions support the market growth.

In 2018, North America accounted for the highest share in the global market. The primary factors driving the market growth in the region include established telecommunication industry and cloud infrastructure, rising penetration of mobile devices, technological advancements, and high investment in R&D. The introduction of favorable government regulations regarding energy usage and emissions, and rising awareness regarding use of energy efficient equipment boost the market in North America. The increasing concerns regarding safety, growing air traffic, modernization of old airports, and growing adoption of connected devices and IoT further increase the demand of Smart Airport solutions in the region.

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Smart airport solutions provide high resolution imaging and advanced data processing for facial recognition, offering improved flow management and security processing. It also offers personalized wayfinding to guide travelers through terminals, and provides accurate timings at each stage. Smart airport solutions manage predictive and real time passenger flow systems to minimize queuing for security and immigration.

Security search use non-intrusive, on-the-move facial recognition and bag scanning, risk-based analytics, and identification of high-risk travelers. Real time data from transport systems enables adaption of flight schedules, and provide connected, automated travel options offering seamless, reliable public transport options.

The well-known companies profiled in the smart airport market report include Siemens AG, Rockwell Collins, Inc., Thales Group, IBM Corporation, Cisco Systems, Inc., International Business Machines Corporation, T Systems International GmbH, Amadeus IT Group SA, Honeywell International Inc., and Indra Siestma S.A. These companies launch new products and collaborate with other market leaders in the smart airport industry to innovate and launch new products to meet the increasing needs and requirements of consumers.

Table of Contents:

1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Smart Airport Market Insights
3.1. Smart Airport Industry snapshot
3.2. Smart Airport - Ecosystem analysis
3.3. Smart Airport Market Dynamics
3.3.1. Smart Airport Market Forces
3.3.1.1. Smart Airport Market Driver Analysis
3.3.1.2. Smart Airport Market Restraint/Challenges analysis
3.3.1.3. Smart Airport Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Smart Airport Market PEST Analysis
3.6. Smart Airport Market Value Chain Analysis
3.7. Smart Airport Industry Trends
3.8. Competitive Ranking Analysis
4. Smart Airport Market Size and Forecast, 2018-2026 by Component
4.1. Key Findings
4.2. Hardware
4.3. Software
4.4. Services
5. Smart Airport Market Size and Forecast, 2018-2026 by Infrastructure
5.1. Key Findings
5.2. Communication Systems
5.3. Air/Ground Traffic Control
5.4. Security Systems
5.5. Passenger
5.6. Cargo & Baggage Ground Handling Control
5.7. Endpoint Devices
5.8. Others
6. Smart Airport Market Size and Forecast, 2018-2026 by Solution
6.1. Key Findings
6.2. Terminal Side
6.3. Air Side
6.4. Landside
7. Smart Airport Market Size and Forecast, 2018-2026 by Application
7.1. Key Findings
7.2. Aeronautical Operations
7.3. Non-Aeronautical Operations
8. Smart Airport Market Size and Forecast, 2018-2026 by Region

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Related Report:

Global Smart Airport Market Size, Status and Forecast 2019-2025

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.
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.

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