Press release
Airport Automation Global Market Report 2024 - By Share, Drivers, Trends, Growth And Analysis, Forecast To 2033
Airport Automation Market
Airport Automation Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $10.0 Bn In 2028 At A CAGR Of 5.9% :
The airport automation market size has grown strongly in recent years. It will grow from $7.42 billion in 2023 to $7.95 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increasing air travel demand, focus on passenger experience, safety and security enhancements, operational efficiency, and regulatory compliance.
The airport automation market size is expected to see strong growth in the next few years. It will grow to $10.0 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to continued growth in air travel, emphasis on contactless solutions, focus on operational efficiency and cost reduction, regulatory requirements and security measures, increasing focus on environmental sustainability. Major trends in the forecast period include adoption of artificial intelligence (AI) and machine learning, expansion of biometric identification systems, growth of robotics and automation in ground handling, rise of smart airport concepts, integration of contactless solutions post-pandemic.
Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=14246&type=smp
Airport Automation Market Major Segments
The airport automation market covered in this report is segmented -
1) By System: Data Acquisition and Communication, Automation and Control, Data Storage, Software and Solutions
2) By Airport Side: Land Side, Air Side
3) By Application: Baggage Handling And Tracking, Ground Transportation And Parking, Retail And Dining, Facility Management, Passenger Services And Assistance, Emergency Response And Safety, Ground Support Equipment, Air Traffic Management, Airfield Management, Other Applications
4) By End Market: Greenfield, Brownfield
Key Driver - Air Traffic Volume Surge Driving Airport Automation Market Growth
The rising air traffic volume is expected to propel the growth of the airport automation market going forward. Air traffic volume refers to the number of aircraft movements within a given airspace, airport, or region over a specific period. Increased business travel and expanding global economic activities drive rising air traffic volume as companies engage in cross-border operations and international collaborations. Airport automation aids in managing air traffic volume by optimizing airspace utilization, coordinating aircraft movements, facilitating efficient communication between air traffic controllers and pilots, reducing human error, and enhancing overall operational efficiency and safety. For instance, according to Eurostat, a Luxembourg-based statistical office of the European Union (EU), in 2022, the European Union witnessed a significant surge in air travel, with the total number of passengers reaching 820 million, marking a substantial increase of 119.3% compared to 2021. Therefore, the rising air traffic volume is driving the growth of the airport automation market.
Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=14246&type=smp
Prominent Trend - Digital Tower Air Traffic Control Systems Transforming The Airport Automation Market
Major companies operating in the airport automation market are developing innovative products, such as digital tower air traffic control systems, to gain a competitive edge. Digital tower air traffic control systems are advanced technologies that enable air traffic controllers to manage air traffic at airports from remote locations using cameras, sensors, and other digital tools. For instance, in November 2023, Saab AB, a Sweden-based aerospace and defense company, launched the Integrated Digital Tower Solution (i-DTS), a new air traffic control system designed for larger airports. The i-DTS combines remote tower technology with automated systems expertise, providing enhanced resilience and comprehensive control and training capabilities. With panoramic camera views and role-based console displays, controllers can access real-time imagery and event detection, improving situational awareness and operational efficiency.
Airport Automation Market Players
Major companies operating in the airport automation market are Siemens AG, Raytheon Technologies Corporation, Panasonic Corporation, The International Business Machines Corporation, Cisco Systems Inc., Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., NEC Corporation, Collins Aerospace, Thales Group, L3Harris Technologies, Leidos Holdings Inc., Wipro Limited, Rockwell Automation Inc., Amadeus IT Group SA, Daifuku Co. Ltd., Advantech Co. Ltd., Bosch Rexroth AG, Vanderlande Industries B.V., SITA - Société Internationale de Télécommunications Aéronautiques, Smiths Detection, Morpho
View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/airport-automation-global-market-report
Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the airport automation market in 2023. The regions covered in the airport automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Airport Automation Market Report Structure
3. Airport Automation Market Trends And Strategies
4. Airport Automation Market - Macro Economic Scenario
5. Airport Automation Market Size And Growth
…..
27. Airport Automation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Airport Automation Global Market Report 2024 - By Share, Drivers, Trends, Growth And Analysis, Forecast To 2033 here
News-ID: 3505154 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Air
Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to …
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industry…
Air Medical Services Market 2019 Development Status - EMS 24-7, Air Methods, PHI …
Global Air Medical Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024 offers a stronger and effective business outlook. The report deals with a complete overview of Air Medical Services market which comprises definitions, a wide range of statements and an entire chain structure. The report delivers an in-depth analysis of different attributes of industries such as trends, developments, policies, and clients operating in different regions. The…
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft.
Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576 …
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and…
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in…
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North…
