Smart Airports Market Size, Share & Trends Analysis Report by Application by Region (North America, Europe, APAC, MEA), Segment Forecasts 2025 - Larsen & Toubro, Honeywell Corporation Inc., Collins Aerospace, SITA, Cisco Systems Inc., Raytheon Company

The global smart airports market is expected to register a high CAGR during the forecast period. In the report, the global market outlook section mainly includes crucial dynamics of the target market which comprises major driving factors, restraints, opportunities and challenges faced by the market. Furthermore, industry drivers and restraints are intrinsic factors whereas market opportunities and challenges are extrinsic factors of the global small airports market. Global market spending has been on an important upturn over the current years urged by the return of the extreme power competition between the major global powers.

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Scope of the Global Small Airports Market
Quince Market Insights Research offers remarkable data with the help of several primary sources to validatemajor insights and accept it in gathering a full-fledged market research evaluation. The rising necessity for low-cost airlines due to the increase in air passengers will positively influence market growth over the forecast period. In addition, the boom in number of domestic flights as well as huge investment in airport infrastructure will encourage the healthy growth of the global small airports market in the coming future. For instance, Hardeep Singh Puri, civil aviation ministry declared the investment of Rs 1 lac scrore in the airport infrastructure industry in the next 5 years. However, the agenda sets for Rs 95,178 crore for development of Greenfield airports, generating new terminals, as well as private venture in joint venture airports.

Segment Analysis of the Global Small Airports Market The global small airports market is basically segmented into end market, application, system, type, airport size, operation, and geographical regions.

• On the basis of end market, the market is sub-segmented into implementation, upgrades & services.
• On the basis of the application, the market is subdivided into aircraft management, air traffic management, airside, noise monitoring, ground support equipment management, terminal side, building management, and others.
• On the basis of system, the market is sub-divided into wireless, communication & network system, tags, cameras, displays, wearables, data storage, and others.
• On the basis of type, the market is subdivided into airport 2.0, airport 3.0, and airport 4.0.
• On the basis of airport size, the market is subdivided into large, medium, and small.
• In terms of operation, the market is segregated into aeronautical and non-aeronautical.
Geographical Analysis of Global Small Airports Market

The global small airports market geographically segregated into North America, Europe, Asia Pacific, and the Middle East and Africa. Among these, North American market generated highest revenue of USD 48.73 billion in 2019 and is expected to remain leading over the forecast period. In addition, the growth in the region is majorly attributed to the well-established aviation sector. The growing passenger air traffic in the Canada and the US will afterward bolster the healthy growth of the target market across the region.

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Recent Strategic Developments of Major Small Airports Market Players
• September 2019: PrimeFlight Aviation Services declared the acquisition of Global Aviation Services, LLC. Thus, the new growth will enable PrimeFlight Aviation Services to help customers with GSE (ground support equipment) maintenance services at more than 80 airports across the U.S.
Competitive Landscape of the Global Small Airports Market

The “Global Small Airports Market” study report will give a valued insight with the focus on global market comprising some of the major players such as: Honeywell International Inc. (US), Collins Aerospace (US), Huawei Technologies Co., Ltd. (China), IBM Corporation (US), Cisco Systems, Inc. (US), Amadeus IT Group SA (Spain), lndraSistemas, S.A. (Spain), Siemens AG (Germany), SITA (Switzerland), Thales Group (France), Sabre Corp. (US), and Daifuku Co., Ltd. (Japan). These players deliver smart solutions as well as platforms to numerous airports.

Companies Covered: Honeywell Corporation Inc., Collins Aerospace, SITA, Siemens AG, IBM Corporation, Cisco Systems Inc., Raytheon Company, Kiewit, Larsen & Toubro, and Amadeus IT Group SA....

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Market Segmentation:
By Technology:
• Security Systems
• Communication Systems
• Cargo & Baggage Handling Control
• Air/Ground Traffic Control
• Passenger
• Endpoint Devices
• Others

By Terminal side:
• Baggage Handling
• Check-in Systems
• Building Operations
• Sustainable Energy Management

By Air side:
• ATM
• Resource Management
• Aircraft Parking
• Aircraft Maintenance
• Others

By Landside:
• Vehicular Parking
• Security
• Intelligent Advertising

By Application:
• Aeronautical Operations
• Non-Aeronautical Operations

By Region:
North America
◦ By Country (US, Canada, Mexico)
◦ By Technology
◦ By Terminal side
◦ By Airside
◦ By Landside
◦ By Application

Western Europe
◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
◦ By Technology
◦ By Terminal side
◦ By Airside
◦ By Landside
◦ By Application

Eastern Europe
◦ By Country (Russia, Turkey, Rest of Eastern Europe)
◦ By Technology
◦ By Terminal side
◦ By Airside
◦ By Landside
◦ By Application

Asia Pacific
◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
◦ By Technology
◦ By Terminal side
◦ By Airside
◦ By Landside
◦ By Application

Middle East
◦ By Country (UAE, Saudi Arabia, Qatar, Iran,
Rest of Middle East)
◦ By Technology
◦ By Terminal side
◦ By Airside
◦ By Landside By Application

Rest of the World
◦ By Region (South America, Africa)
◦ By Technology
◦ By Terminal side
◦ By Airside
◦ By Landside
◦ By Application

Reasons To Buy This Report:
• Market size estimation of the global smart airport Market on regional and global basis
• Unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country

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This release was published on openPR.