openPR Logo
Press release

Airport Automation Market Analysis: Valued at $10.8 Billion in 2022, Projected to Reach $19.6 Billion by 2032 with a CAGR of 6.4%

07-25-2024 09:12 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Airport Automation Market Analysis: Valued at $10.8 Billion

Airport automation market refers to the sector of the economy tasked with developing, installing, and utilizing automated technologies and systems in airport environments. Improving operational performance in all areas of airport operations, including efficiency and safety, is the main goal of airport automation. This market includes a broad spectrum of products and services intended to increase productivity, decrease manual labor, and enhance the general traveler's experience.

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ- https://www.alliedmarketresearch.com/airport-automation-market-A312078

For instance, in August 2023, the Norwegian airport operator, Avinor partnered with Vanderlande to explore viable ways to automate last-mile baggage handling processes. Throughout this project, Vanderlande is expected to supply its bag load solution for integrated robot loading and its fleet batch product for the transportation of unit load devices (ULDs). Furthermore, such solutions will be trialed at Oslo Gardermoen Airport (OSL) to enhance the efficiency and reliability of the operator's baggage handling processes.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/request-sample/A312078

In addition, biometric technologies, such facial recognition and fingerprint scanning, are increasingly being used to verify passengers during various airport operations, such as check-in, boarding, and security checks. Furthermore, robotics is being used in airports to help with cleaning, disinfecting, and passenger support.

Processes are streamlined by these technologies, which makes traveling easier for passengers. To maximize operations, airports are combining many technologies and utilizing data analytics. Better resource allocation results from predictive analytics, which helps predict passenger volumes, equipment maintenance requirements, and other crucial factors. For instance, in December 2023, UPS, a logistics service provider, planned to build a new package sorting hub at the Hong Kong International Airport and near the Hong Kong-Zhuhai-Macau Bridge, stating that the facility will improve service to customers and enhance the company's operations in Asia.

Drones are being investigated for security, surveillance, and runway inspection purposes. Moreover, artificial intelligence (AI) algorithms and machine learning are two examples of advanced security systems that are being incorporated into security screening procedures to improve threat detection capabilities while minimizing passenger discomfort. Automated baggage handling systems are always developing; they now include RFID technology, automated sorting, and tracking options to cut down on mistakes, boost productivity, and give travelers access to luggage information in real time. Furthermore, travelers may independently check in, choose their seats, and obtain flight information with self-service kiosks and smartphone apps.

Baggage Handling Systems (BHS) are automated systems intended to handle and move checked baggage through an airport, from check-in to loading onto an aircraft, and back again when the passenger arrives.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/airport-automation-market/purchase-options

These systems have a major impact on improving overall passenger happiness and are essential to the smooth operation of airports. Furthermore, checked baggage can be left at designated counters or self-service kiosks by travelers. For instance, in October 2023, Aurrigo partnered with IAG on autonomous solutions for UK airports to launch autonomous aviation solutions and vehicles across the UK. The partnership will begin with a four-month evaluation and simulation phase to explore the use of the company's autonomous vehicles in a controlled environment.

๐“๐ก๐ž ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ฎ๐ฌ๐ฌ๐ข๐š-๐”๐ค๐ซ๐š๐ข๐ง๐ž ๐–๐š๐ซ ๐จ๐ง ๐€๐ข๐ซ๐ฉ๐จ๐ซ๐ญ ๐€๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Russia Ukraine war could cause delays or cancelling of airport automation orders, affecting the airport automation industry. Global supply chains may get disrupted due to geopolitical tensions and conflicts. The sourcing of essential technology or components for airport automation systems from areas directly impacted by the conflict may cause delays, shortages, or higher expenses for suppliers and manufacturers.

๐Œ๐š๐ค๐ž ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/312572

According to Ravi Raj, Lead Analyst, Aerospace & Defense, at Allied Market Research, "the airport automation market is dominated in the aerospace and defense industry due to the need for enhanced security, operational efficiency, and seamless passenger experiences, driving the adoption of automated technologies in airport infrastructure and processes.

๐‹๐ž๐š๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ :
Amadeus It Group Sa
Collins Aerospace
Daifuku Co. Ltd.
Honeywell International Inc.
NEC Corporation
Siemens
SITA
Thales
Vanderlande Industries B.V.
Wipro

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ :
On the basis of system, the data storage segment is anticipated to exhibit significant growth during the forecast period.
On the basis of application, the baggage handling and tracking segment is anticipated to exhibit significant growth during the forecast period.
On the basis of airport side, the air side segment is anticipated to exhibit significant growth during the forecast period.
On the basis of end market, the brownfield segment is anticipated to exhibit significant growth during the forecast period.
On the basis of automation level, the level 1.0 segment is anticipated to exhibit significant growth during the forecast period.
On the basis of region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ :
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

Web:โ€ฏwww.alliedmarketresearch.com

Allied Market Research Blog:โ€ฏhttps://blog.alliedmarketresearch.com โ€ฏ

Follow Us on | Facebook | LinkedIn | YouTube |

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Market Analysis: Valued at $10.8 Billion in 2022, Projected to Reach $19.6 Billion by 2032 with a CAGR of 6.4% here

News-ID: 3597855 • Views: โ€ฆ

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collectโ€ฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโ€ฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โ€ฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโ€ฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โ€ฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโ€ฆ

All 5 Releases


More Releases for Airport

Toronto Pearson Airport Taxi Offers Top-Notch Airport Transportation
Image: https://www.getnews.info/wp-content/uploads/2024/07/1720188697.jpeg Toronto Pearson Airport Taxi Provides Unmatched Convenience and Reliability for Travelers. Toronto, ON - July 5, 2024 - Toronto Pearson Airport Taxi is the premier choice for all airport transportation needs. The company guarantees its passengers a smooth and stress-free trip to and from Pearson International Airport by focusing on excellent customer service. With a fleet of modern vehicles and professional drivers, Toronto Pearson Airport Taxi offers reliability andโ€ฆ
Optimizing Airport Operations : The Evolving Airport Stands Equipment Market
The global airport stands equipment market was valued at $3.97 billion in 2020, and is projected to reach $7.22 billion by 2030, registering a CAGR of 6.4%. ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ : https://www.alliedmarketresearch.com/request-sample/1080 By stands the airport stands equipment market is segregated into engine access, landing gear access, wheel, aircraft entry, cabin interior, and others. The aircraft entry segment accounted for the highest revenue in 2020, owing to increase in demand for airportโ€ฆ
Airport Market to See Strong Investment Opportunity | Ciudad Juรกrez Internation โ€ฆ
The โ€œ Airport - Market Development Scenario โ€ Study has been added to HTF MI database. The study covers in-depth overview, description about the Product, Industry Scope and elaborates market outlook and growth status to 2027. At present, the market is developing its presence following current economic slowdown and its Impact. Some of the key players considered in the study are Ciudad Juรกrez International Airport, Mรฉrida International Airport, Mexico Cityโ€ฆ
Duty-free Shopping Market Projections Highlighting Primary Trends until 2027-Dub โ€ฆ
Duty-free Shopping Market 2021-2027 Financial Insights, Business Growth Strategies with Competitive Landscape The Duty-free Shopping Market Research study published byย MarketInsightsReports, entitledย Global Duty-free Shopping Market Growth 2021-2027ย consists of the market share, size, segmentation,ย and current trends. The study also contains the numerical research of the global Duty-free Shopping market on a global level and offers planning and designing statistics to boost business development. The report author has included key competitive landscape (upcoming identifiers)โ€ฆ
Airport IT Spending Market is Booming Worldwide| RESA AIRPORT DATA SYSTEMS, Rock โ€ฆ
HTF MI recently introduced Global Airport IT Spending Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Amadeus IT Group, RESA AIRPORT DATA SYSTEMS, Rockwell Collins, SITAโ€ฆ
Aerotropolis Market Report 2018: Segmentation by Airport Type (greenfield airpor โ€ฆ
Global Aerotropolis market research report provides company profile for Skanska, Turner Construction, Walsh Group, Austin Industries, HENSEL PHELPS and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation onโ€ฆ