Global Smart Airports Market Latest Technologies Research And Future Scope 2022-2028| Honeywell International Inc., Siemens Ag Latest Updates

The Smart Airports Market is projected to experience substantial growth over the next few years, according to a recent report, The global smart airport market size reached US$ 30.8 Billion in 2022. Looking forward, Market Square Insights expects the market to reach approximately US $57.2 Billion by 2028, exhibiting a growth rate (CAGR) of 10.2% during 2023-2028.

The rise of smart airports can be attributed to the increasing demand for advanced and innovative solutions to improve the passenger experience, optimise airport operations, and reduce costs. The use of technologies such as the Internet of Things (IoT), artificial intelligence (AI), and big data analytics is transforming airports into intelligent ecosystems that can provide real-time data and insights to stakeholders.

Smart airports are equipped with sensors, automated systems, and intelligent devices that enable airport operators to monitor and manage operations in real-time. This allows for more efficient and effective use of airport resources, reduced wait times for passengers, and enhanced security measures.

Key Research Findings:
> Smart airports involve digitalisation of infrastructure which will bring hyperconnectivity and will help in centralisation of data management from different points and areas.

> Digitalisation of commercial flow will enable tracking goods, tasks from and from and will increase efficiency

> Smart solutions and Technology will save time for the passengers and also airport attendants and officials.

> For Example, Dubai Airport makes use of a smart tunnel which makes use of facial recognition and AI, and allows passengers to pass through passport control in just 15 seconds without any human intervention.

> Another example of security is Shezen Airport, which has implemented an intelligent flight information display system that recognises passengers' faces.


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Latest Developments

> Honeywell's recent Digitalizing of Fire Systems will Help Keep People And Places Safer. It is First UL-approved self-testing smoke detectors to automate testing and system maintenance.

> New products will integrate with Honeywell's all-in-one cloud-based Connected Life Safety Services platform, and further improve ease of installation, maintenance and compliance

> Siemens and Skyway have recently collaborated to develop infrastructure to pave the way for Vertiports.

> Vertiports are hubs for vertical take-off and landing (VTOL) vehicles such as air taxis and drones. This Innovation around vertiport infrastructure will be critical to the future scalability of electric vertical take-off and landing (eVTOL) flight operations, these innovations by market players are showing the increasing trends of the market.

Key Companies Profile in the Report:

Honeywell International Inc.
Siemens Ag
Ibm Corporation
Amadeus It Group Sa
Rockwell Collins
Inc.
Sabre Corporation
Sita
Cisco Systems
Inc.
Thales Group
Indra Siestma S.A.
T-Systems

Market Segmentation of the market:

By Type:
Air Traffic Management
Aircraft Maintenance
Aircraft Parking
Resource Management

By Application:
Aeronautical Operations
Non-Aeronautical Operations


Points Covered in The Report:

> The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, etc.

> The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years of data history and forecast.

> The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.

> Data and information by market player, by region, by type, by application etc, and custom research can be added according to specific requirements.

> The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

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FREQUENTLY ASKED QUESTIONS?

Q1. What is the market size of the smart airport industry?
Q2. What are the recent developments in smart airports?
Q3. How can I get sample reports/company profiles of the smart airport industry?
Q4. What are the upcoming trends in the smart airport market?
Q5. What is the market outlook in the smart airport industry?
Q6. How can I get company profiles on the top ten players of the smart airport industry?
Q7. Who has the most market share in smart airports?
Q8. Which are the key matured markets growing in the smart airport industry?
Q9. What are the known and unknown adjacencies impacting the smart airport market?

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This release was published on openPR.