Press release
Global Airport Automation Market to Reach $10.54 Billion by 2029, Growing at 5.5% CAGR
Airport Automation Market Size
The airport automation market is set to be propelled by the escalating volume of air traffic. Air traffic volume, which refers to the quantity of aircraft movements within a predetermined airspace, airport, or region over a selected period, is expanding due to increased corporate travel and the widening of global economic activities. This increase is a result of firms participating in international operations and alliances. Airport automation helps manage the growing air traffic volume, making airspace utilization optimal, coordinating aircraft movements, enabling efficient communication between pilots and air traffic controllers, reducing human error, and improving safety and overall operational efficacy. For example, in 2022, Eurostat, the European Union's statistical office based in Luxembourg, reported a substantial spike in European Union air travel, with the total passenger count hitting 820 million, a significant rise of 119.3% in comparison to 2021. Consequently, the growing air traffic volume is a driving force behind the acceleration of the airport automation market.
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What Is the projected market size and growth rate for the airport automation market?
In recent years, the airport automation market has seen substantial growth. It is predicted to increase from $7.95 billion in 2024 to $8.51 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. The expansion during the historic period is due to factors such as an increase in air travel demand, an emphasis on improving passenger experience, advancements in safety and security, operational efficiency, and adherence to regulations.
In the coming years, it is projected that the airport automation market will experience significant growth. By 2029, the market is anticipated to expand to a magnitude of $10.54 billion, with an annual compounded growth rate of 5.5%. Factors contributing to this growth during the forecast period include the persistent increase in air travel, the prioritisation of contactless solutions, the drive for operational efficiency and cost minimisation, as well as compliance with regulatory standards and security protocols. Additionally, greater attention towards ecological sustainability also contributes. The forecast period will see key developments such as the adoption of artificial intelligence (AI) and machine learning, the broadening use of biometric identification systems, the advancement of robotics and automation in ground handling, the emergence of smart airport designs, and the integration of contactless solutions following the pandemic.
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What new trends are reshaping the airport automation market and its opportunities?
Major players in the airport automation market are focusing on the creation of inventive products such as digital tower air traffic control systems in order to maintain a competitive advantage. These advanced systems make use of cameras, sensors, and other digital tools to allow air traffic controllers to manage airport air traffic from remote locations. For example, in November 2023, Saab AB, an aerospace and defense company based in Sweden, unveiled their new air traffic control system named Integrated Digital Tower Solution (i-DTS) designed specifically for bigger airports. The i-DTS merges automated systems expertise with remote tower technology, offering increased resilience as well as extensive control and training capabilities. It has panoramic camera views and role-based console displays that furnish controllers with live imagery and event recognition resulting in increased situational awareness and operational productivity.
What major market segments define the scope and growth of the airport automation market?
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
Subsegments:
1) By Data Acquisition And Communication: Passenger Information Systems, Flight Information Display Systems (FIDS), Baggage Handling Systems
2) By Automation And Control: Security Screening Systems, Self-Check-In Kiosks, Automated Boarding Gates
3) By Data Storage: Cloud-Based Storage Solutions, On-Premises Data Storage Systems
4) By Software And Solutions: Airport Management Software, Resource Management Solutions, Analytics And Reporting Tools
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Which region dominates the airport automation market?
Asia-Pacific was the largest region in the airport automation market in 2024. The regions covered in the airport automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the airport automation industry growth?
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
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What Is Covered In The Airport Automation Global Market Report?
• Market Size Forecast: Examine the airport automation market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the airport automation market for a structured understanding.
• Key Players Overview: Analyze major players in the airport automation market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the airport automation market.
• Segment Contributions: Evaluate how different segments drive overall growth in the airport automation market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the airport automation market.
• Industry Challenges: Identify potential risks and obstacles affecting the airport automation market.
• Competitive Landscape: Review strategic developments in the airport automation market, including expansions, agreements, and new product launches.
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