Smart Airport Market Size Will Achieve USD 24.03 Billion by 2032 With Growing at 13.2% CAGR - Exclusive Report by Emergen research

The global smart airport market size was USD 7.00 Billion in 2022 and is expected to register a rapid revenue CAGR of 13.2% during the forecast period. The global smart airport market is experiencing significant growth owing to the increasing demand for real-time information, adoption of big data analysis techniques, and integration of Artificial Intelligence (AI). These key factors are reshaping the landscape of airport operations and enhancing passenger experiences worldwide.

Passengers are increasingly relying on real-time information to facilitate their travels, driving the need for smart airports to provide access to timely updates. From trip progress updates to facilitating quick information exchange, smart airports are leveraging client touch points to streamline processes and improve efficiency across the airport value chain. Wearable technologies and queue management systems are enhancing passenger experiences, while real-time data on environmental factors aids in efficient air traffic control.

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Challenges and Trends Shaping the Market
Despite the significant growth prospects, the smart airport market faces challenges such as high installation costs and the need for specialized personnel to manage and maintain complex systems. However, market trends indicate a growing focus on eco-friendly practices and the adoption of green technologies by airports to mitigate environmental impact. Additionally, airports are diversifying revenue streams through non-aeronautical services, enhancing passenger satisfaction and generating additional income.

Future Outlook
The smart airport market is poised for continued growth, driven by advancements in technology, increasing passenger demands for seamless travel experiences, and airport operators' focus on operational efficiency and sustainability. Collaborations between industry players and technology providers will play a crucial role in driving innovation and shaping the future of smart airports worldwide.

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Some major players included in the global smart airports market report are:
• Honeywell International Inc.
• Cisco System Inc.
• Amadeus IT Group SA
• Siemens AG
• T-Systems International GmbH
• Thales Group
• SITA
• Raytheon Technologies Corporation
• NATS Limited
• Sabre Corp.
• IBM Corporation
• L3Harris Technologies Inc.
• Ascent Technology, Inc.
• Huawei Investment & Holding Co., Ltd.
• Indra Sistemas, S.A.

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Smart Airport Latest Industry Updates
• In May 2023, Honeywell International Inc. introduced a suite of airside solutions These solutions assist pilots' gates operations and airside operations teams to have a better understanding of the situation, which speeds up aircraft turnaround times and enhances airport efficiency and safety.

• In June 2022, Wipro introduced ICAD - India's First Digital Airport and is now being built at Noida International Airport (NIA) in Jewar. Passengers can use contactless and paperless services at all checkpoints at this aviation hub. In addition, it eliminates the need to print tickets and boarding cards and spend time looking for them at various checkpoints.

Smart Airport Market Segment Analysis
For the purpose of this report, Emergen Research has segmented the global smart airport market on the basis of type, airport size, platform, operation, system, application, technology, end-use, and region:

• Type Outlook (Revenue, USD Billion; 2019-2032)
o Airport 1.0
o Airport 2.0
o Airport 3.0
o Airport 4.0

• Airport Size Outlook (Revenue, USD Billion; 2019-2032)
o Small
o Medium
o Large

• Platform Outlook (Revenue, USD Billion; 2019-2032)
o Hardware
o Software
o Data Management
o Others

• Operation Outlook (Revenue, USD Billion; 2019-2032)
o Aeronautical
o Non-Aeronautical
• System Outlook (Revenue, USD Billion; 2019-2032)
o Wearables

o Low-Power Wide-Area Network (LPWAN) and Low-Power Wide-Area Network (LPWAN)
o Tags and Sensors
o Platforms

o Near-Field Communication (NFC), Radiofrequency Identification (RFID), and Bluetooth
o Wireless
o Others

• Application Outlook (Revenue, USD Billion; 2019-2032)
o Terminal Side
1. Heating, Ventilation, and Air Conditioning (HVAC)
2. Lighting Control
3. Digital Video Surveillance and Management (DVM)
4. Fire and Life Safety Solutions
5. Energy Management
6. Life Cycle Services

7. Building Management and Automation Systems
o Air Side
1. Advanced Visual Docking Guidance System (A-VDGS)
2. Airfield Ground Lighting (AGL)
3. Surface Movement Guidance
4. Runway Improvement and Apron Management
5. Digital and Radar Video Surveillance
o Landside
1. Parking
2. Access Roads
3. Perimeter Security
4. Car Rental
5. Mass Transit
6. Airport City

• Technology Outlook (Revenue, USD Billion; 2019-2032)
o Security Systems
1. Biometrics
2. Alerts & Cyber Security
3. E-Fence & Ground Surveillance Radar
4. E-Tag System
o Communication Systems
1. Wireless Airports
2. Smart Phones
3. Near Field Communication
4. Social Media

o Air and Ground Traffic Control
1. Smart Systems & Scalable Air Traffic Management Solutions (ATM)
2. Automated Passport Controls
o Passenger, Cargo & Baggage Ground Handling
1. Internet of Things (loT) Enabled Beacons
2. Robots for Passenger and Baggage Movement
3. Common-Use Self-Service (CUSS) Kiosks
4. RFID Baggage Reconciliation System
5. E-Gates

o Endpoint Devices
1. Sensors
2. Tags
3. Internet Protocol (IP) Phone
4. Video Conferencing (Audio/Video)

o Others (Navigational, Landing Aids, Digital Signage, and Airport Management Software)

• End-Use Outlook (Revenue, USD Billion; 2019-2032)
o Implementation
o Upgrade and Services
• Regional Outlook (Revenue, USD Billion; 2019-2032)
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

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