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Airport Automation Market worth $18.93 billion by 2030, growing at a CAGR of 11.88% - Exclusive Report by 360iResearch
Airport Automation Market | 360iResearch
The Global Airport Automation Market to grow from USD 8.62 billion in 2023 to USD 18.93 billion by 2030, at a CAGR of 11.88%.
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Airport automation refers to implementing advanced technology and systems to streamline and optimize various processes within an airport's ecosystem. The incorporation of automation spans a multifaceted range of activities, from check-in and baggage handling to security checks, boarding, and resource management. The increasing focus on enhancing passenger experience and operational efficiency has expanded the scope to include advanced solutions that integrate with a larger airport ecosystem. Growing global air travel demand drives airports to optimize operations and passenger flow through automation. Government regulations often encourage the adoption of advanced security and operational solutions. However, implementing automation systems requires considerable upfront costs, and automated systems increase susceptibility to cyber-attacks. Thus, market players are focusing on innovation and research on developing scalable, secure, and interoperable systems. There is significant potential in exploring AI for predictive maintenance, energy-efficient systems, and advanced passenger analytics. Collaborations with technology startups, academic research in robotics and machine learning, and public-private partnerships for airport automation and modernization create market development opportunities.
In the Americas, airport automation is predominantly influenced by the high volume of air traffic and the emphasis on enhancing passenger experience. The production of airport automation technologies in the Americas is robust, with several key players headquartered in this region. Market players are heavily involved in the research and development of new technologies, with the presence of tech giants investing in AI and machine learning applications for airports. The APAC region is experiencing rapid growth in airport automation due to significant investments in infrastructure development, rising passenger traffic, and a strong inclination towards smart technologies. Countries such as China, Japan, and Singapore are leading in adopting advanced automation, including fully automated check-in and robotic assistants. The focus is on efficiency and elevating the user experience at the airport. In the APAC region, production is bolstered by the availability of advanced manufacturing capabilities and a thriving tech industry. In EMEA, the emphasis on airport automation is driven by stringent security regulations and the need for efficient operations amidst dense air traffic. European airports are particularly advanced in integrating border control and passenger processing systems. European firms are often at the forefront of adopting green technologies and sustainable practices into their production methods. Middle Eastern airports are pioneers in luxurious travel experiences and thus invest heavily in cutting-edge technologies, while African airports are steadily catching up, focusing on upgrading existing infrastructure.
Market Segmentation & Coverage:
This research report categorizes the Airport Automation Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Hardware, Services, and Software & Solutions. The Hardware is further studied across Automated Baggage Handling Systems, Automated Boarding Systems, Automated Parking Systems, Biometric Systems, Security & Surveillance Systems, and Self-Service Kiosks. The Software & Solutions is further studied across Airfield Operations Solutions, Baggage Screening Software, Passenger Check-In Systems, and Threat Detection Software. The Services commanded largest market share of 43.23% in 2023, followed by Hardware.
Based on Automation Level, market is studied across Level 1.0, Level 2.0, Level 3.0, and Level 4.0. The Level 1.0 commanded largest market share of 41.81% in 2023, followed by Level 4.0.
Based on Airport Type, market is studied across Air Side and Land Side. The Land Side commanded largest market share of 64.55% in 2023, followed by Air Side.
Based on Application, market is studied across Air Traffic Management, Airfield Management, Baggage Handling & Tracking, Emergency Response & Safety, Facility Management, Ground Support Equipment, Ground Transportation & Parking, Passenger Services & Assistance, and Retail & Dining. The Baggage Handling & Tracking commanded largest market share of 18.75% in 2023, followed by Air Traffic Management.
Based on Aviation Infrastructure, market is studied across Brownfield and Greenfield. The Greenfield commanded largest market share of 73.16% in 2023, followed by Brownfield.
Based on End-Use, market is studied across Commercial Airports and Military Airports. The Commercial Airports commanded largest market share of 64.52% in 2023, followed by Military Airports.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Airport Automation Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Airport Automation Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Airport Automation Market, highlighting leading vendors and their innovative profiles. These include ADB Safegate BVBA, Alstef Group, Amadeus IT Group S.A., Amazon Web Services, Inc., Automatic Systems, Inc. by Bolloré Group, BEUMER Group GmbH & Co. KG, Brock Solutions, Cisco Systems, Inc., Cobot Lift ApS, Collins Aerospace by RTX Technologies Corporation, Daifuku Co., Ltd., Fujitsu Limited, Gunnebo Entrance Control Ltd., Honeywell International Inc., Huawei Technologies Co., Ltd., Imageware Systems, Inc. by TECH5, Indra Sistemas, S.A, International Business Machines Corporation, L&T Electrical & Automation by Schneider Electric India Private Limited, Lenze SE, Leonardo S.p.A., Oracle Corporation, OSI Systems, Inc., Saab AB, Siemens AG, SITA Group, Thales Group, Vanderlande Industries B.V. by Toyota Industries Corporation, Veoci Inc., and Wipro Limited.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Airport Automation Market, by Component
7. Airport Automation Market, by Automation Level
8. Airport Automation Market, by Airport Type
9. Airport Automation Market, by Application
10. Airport Automation Market, by Aviation Infrastructure
11. Airport Automation Market, by End-Use
12. Americas Airport Automation Market
13. Asia-Pacific Airport Automation Market
14. Europe, Middle East & Africa Airport Automation Market
15. Competitive Landscape
16. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Airport Automation Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Airport Automation Market?
3. What is the competitive strategic window for opportunities in the Airport Automation Market?
4. What are the technology trends and regulatory frameworks in the Airport Automation Market?
5. What is the market share of the leading vendors in the Airport Automation Market?
6. What modes and strategic moves are considered suitable for entering the Airport Automation Market?
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