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Enhancing Airport Operations: The Role of Automation in Modern Air Travel

06-13-2024 10:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

Enhancing Airport Operations: The Role of Automation in Modern

The Airport Automation Market 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. The continuous development of technology, including artificial intelligence, machine learning, and the Internet of Things (IoT), has enabled the creation of more sophisticated and integrated automation solutions. This encourages airports to adopt these technologies to stay competitive and meet the expectations of modern travelers.

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Based on System, the data storage is expected to grow highest during the forecast period. Airport automation systems generate vast amounts of data from various sources, including passenger information, flight schedules, baggage tracking, security systems, and operational processes. The increasing automation of these systems leads to a surge in data volume that needs to be stored and managed effectively.

Based on airport size, medium size airport segment is projected to hold a larger market share during the forecasted period. Implementing automation systems can be more cost-effective for medium-sized airports compared to larger airports with extensive infrastructure. The initial investment and operational costs for automation technologies may be more manageable for airports with moderate passenger traffic.

Based on the end market, the greenfield segment is expected to have higher growth during the forecast period. Greenfield projects often prioritize the adoption of state-of-the-art infrastructure and technologies. This includes the implementation of advanced automation solutions that align with the latest industry standards, ensuring that the airport is equipped with cutting-edge systems for seamless operations.

Based on Region, Asia Pacific accounted for the largest market share in 2023. Many countries in the Asia-Pacific region are investing heavily in expanding and modernizing their airport infrastructure. Greenfield projects and the expansion of existing airports provide opportunities for the integration of advanced automation technologies, including baggage handling systems, self-service kiosks, and smart security solutions.

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Major players operating in the Airport Automation Market include Daifuku Co. Ltd. (Japan), Collins Aerospace (US), Siemens (Germany), and Amadeus IT Group (Spain). These companies have reliable manufacturing facilities as well as strong distribution networks across key regions, such as North America, Europe, and Asia Pacific.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
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