Press release
Airport Automation Market worth $7.7 Billion by 2028, at a CAGR of 5.8%
The Airport Automation Market Size, Share, Industry Growth, Trends & Analysis is reach to USD 7.7 Billion by 2028 from USD 5.8 Billion in 2023, at a CAGR of 5.8%.The report "Airport Automation Market [https://www.marketsandmarkets.com/Market-Reports/airport-automation-market-133408420.html] by System (Data Acquisition and Communication, Automation and Control, Data Storage, Software and solution), Application, Airport Side, Airport Size, End Market, Automation level and Region - Global Forecast to 2028" The Airport Automation Market size is projected to grow from USD 5.8 billion in 2023 to USD 7.7 Billion by 2028, at a CAGR of 5.8% from 2023 to 2028.
Automated systems contribute to a smoother and more convenient passenger experience. Self-service check-in kiosks, automated security checks, and electronic boarding passes contribute to shorter wait times and a more seamless journey through the airport.
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Browse 270 market data Tables and 57 Figures spread through 288 Pages and in-depth TOC on "Airport Automation Market by System (Data Acquisition and Communication, Automation and Control, Data Storage, Software and solution), Application, Airport Side, Airport Size, End Market, Automation level and Region - Global Forecast to 2028"
View detailed Table of Content here - [https://www.marketsandmarkets.com/Market-Reports/airport-automation-market-133408420.html]
[https://www.marketsandmarkets.com/Market-Reports/airport-automation-market-133408420.html]
The Automation level 3.0 segment is projected to hold the largest market share during the forecast period.
Based on the automation level, the level 3.0 segment is projected to hold the largest market share during the forecast period. Automation Level 3.0 emphasizes a higher degree of collaboration between humans and machines. While automation handles routine tasks, human operators remain actively involved in monitoring, decision-making, and taking control when necessary. This collaborative approach enhances overall system reliability and safety.
The medium-sized airport is projected to hold the largest share of the Airport Automation Market during the forecast period.
Based on boat power, the
Automation and control segment to have large market share during the forecast period.
Based on the system, the automation and control segment are expected to have a larger market share during the forecast period. Automation, including interactive HMIs, contributes to a smoother and more efficient passenger experience. Automated check-in kiosks, self-service bag drops, and electronic boarding systems enhance convenience for travelers.
Asia Pacific is expected to account for the largest share in 2023.
The Airport Automation Market industry has been studied in North America, Europe, Asia Pacific, Middle East and Rest of the World. Asia Pacific accounted for the largest market share in 2023. The Asia-Pacific region has witnessed a surge in air travel demand, driven by factors such as economic growth, rising middle-class population, and increased connectivity. This growth in passenger traffic creates a demand for efficient and automated airport solutions to handle the increasing volume.
Key Players
Key players such as Daifuku Co. Ltd. (Japan), Collins Aerospace (US), Siemens (Germany), and Amadeus IT Group (Spain) are working toward developing advanced airport automation solutions utilizing advanced technologies to help automate airport operations.
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Contact Person: Mr. Aashish Mehra
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=airport-automation-market-worth-77-billion-by-2028-at-a-cagr-of-58]
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City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/airport-automation-market-133408420.html
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