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Airport Technologies Market 2020 Report Detailed Analysis: Growth Forecast 2030 | Covid 19 Growth And Change | TBRC Reports
Airport Technologies Market
The global airport technologies market is expected to decline from $11.8 billion in 2019 to $11.4 billion in 2020 at a compound annual growth rate (CAGR) of -3.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $13 billion in 2023.
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The airport technologies market consists of sales of airport technologies that enable a hassle free and convenient customer experience at the airport. The different types of airport technologies include airport communications, airport management systems and software, digital signage systems, fire-fighting systems, security systems, car parking systems, passenger management systems, baggage management systems, cargo control systems, landing aid, and guidance and lighting systems.
The implementation of automated baggage handling systems is an emerging trend in the airport technologies market. Automated baggage handling systems involve the use of small robotic vehicles that carry baggage from the conveyor belt, through the security system and finally to the respective aircraft carriers. The use of this technology is expected to reduce the number of bags lost at airports.
Airport Technologies Market Segmentation:
By Type
1.Airport Digital Signage Systems
2.Car Parking Systems
3.Airport Communications
4.Landing Aids
5.Guidance and Lighting
6.Passenger
7.Baggage and Cargo Handling Control Systems
8.Airport Management Software
By Application
1.Domestic Airport
2.International Airport
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Few Points From Table Of Content
1. Executive Summary
2. Airport Technologies Market Characteristics
3. Airport Technologies Market Size And Growth
4. Airport Technologies Market Segmentation
5. Airport Technologies Market Regional And Country Analysis
....
25. Airport Technologies Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Airport Technologies Market
27. Airport Technologies Market Trends And Strategies
28. Airport Technologies Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the airport technologies market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the airport technologies market are Thales ATM S.A, Honeywell Airport Solutions, Siemens Airports, Raytheon Corp, CISCO Systems,Inc, Hitachi,Ltd, Bosch Security Systems,Inc, Rockwell Automation, Analogic
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