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Key Trends Reshaping the Airport Technologies Market: A Cutting-Edge Digital Platform To Enhance Passenger Experience And Streamline Operations Industry Transformation
Airport Technologies Market
Airport Technologies Market Size Growth Forecast: What to Expect by 2025?
Over the past few years, the size of the airport technologies market has seen consistent growth. Projections indicate an increase from $13.42 billion in 2024 to $13.99 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 4.3%. The expansion experienced during the historic period was due to factors such as an increase in air travel, improvements in security, enhanced passenger experience, and sustainability efforts.
How Will the Airport Technologies Market Size Evolve and Grow by 2029?
Expectations are that the airport technologies market will experience robust growth in the years to come. Projections indicate that it will surge to a value of $17.84 billion by 2029 with a compound annual growth rate (CAGR) of 6.3%. Such growth within the forecast period is attributed to advancements such as smart airports, biometrics and contactless travel, automation and robotics, and the incorporation of sustainable practices. Major trends for the forecast period incorporate digital transformation, the implementation of biometrics and facial recognition, intelligent security systems, and the use of artificial intelligence (AI).
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What Drivers Are Propelling the Growth of Airport Technologies Market Forward?
The escalation in unlawful migration is a crucial factor propelling the growth of the airport technologies market. For example, in May 2023, as per the Belgium-based executive branch of the European Union (EU), the European Commission, which is responsible for policy-making and regulations, there was a dramatic rise in irregular border crossings in Europe. It went up to 331,400 in 2022, a sharp 66% rise from the previous year. As a response to control unlawful migration, there is an increased use of sophisticated airport technologies. One such technology is facial recognition, which has led to numerous arrests related to illegal immigration at airports. Other technologies, like Mobile Passport Control (MPC) and radio-frequency identification (RFID) based tracking solutions, have been implemented in multiple airports. MPC technology employs a mobile app, approved by the U.S. Customs and Border Protection (CBP), enabling US citizens or Canadian visitors to fast-track their U.S. entry.
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Which Emerging Trends Are Transforming the Airport Technologies Market in 2025?
Leading corporations in the airport technologies arena are shifting their focus towards the creation of technologically sophisticated solutions, such as innovative digital platforms meant for airport operations. The goal is to boost operational efficacy and augment passenger experiences. These advanced digital platforms are state-of-the-art software solutions, designed with the intention of streamlining a wide array of airport functions by harnessing the potential of modern technology to maximize efficiency and enhance passenger experience, as well as facilitating real-time dialogue among stakeholders. For instance, in September 2024, Adani Airports, an infrastructure and transportation company based out of India, ushered in Aviio, a highly innovative digital platform meant for amplifying passenger experience and smoothing out airport operations across its seven Indian airports. This groundbreaking platform offers stakeholders immediate access to data, timely updates on security screening, waiting times, changes in gates, and luggage status. Armed with impressive features like the Smart Airport Operations System and a specially designed avio app to foster cooperation between airlines, ground handling staff, and security personnel, the initiative is geared towards heightening operational productivity and offering a traversing experience that is devoid of any interruption.
What Are the Key Segments in the Airport Technologies Market?
The airport technologies market covered in this report is segmented -
1) By Type: Airport Digital Signage Systems, Car Parking Systems, Airport Communications, Landing Aids, Guidance and Lighting, Passenger, Baggage and Cargo Handling Control Systems, Airport Management Software
2) By Airport Size: Small, Medium, Large
3) By Application: Domestic Airport, International Airport
Subsegments:
1) By Airport Digital Signage Systems: Wayfinding Signage, Advertising Digital Displays, Information And Flight Status Displays
2) By Car Parking Systems: Automated Parking Systems (APS), Parking Guidance Systems (PGS), Ticketing And Payment Systems
3) By Airport Communications: Public Address Systems (PA), Intercom Systems, Radio Communication Systems
4) By Landing Aids: Instrument Landing Systems (ILS), Precision Approach Path Indicators (PAPI), Runway Visual Range (RVR) Systems
5) By Guidance and Lighting: Runway And Taxiway Lighting, Airport Ground Lighting Systems, Visual Docking Guidance Systems (VDGS)
6) By Passenger, Baggage, and Cargo Handling Control Systems: Baggage Handling Systems (BHS), Passenger Boarding Bridges (PBB), Cargo Management Systems
7) By Airport Management Software: Airport Operations Management Software, Flight Information Display Systems (FIDS), Resource And Asset Management Software
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Who Are the Key Players Shaping the Airport Technologies Market's Competitive Landscape?
Major companies operating in the airport technologies market include Thales ATM S.A., Honeywell Airport Solutions Inc., Siemens Airports LLC, Raytheon Technologies Corporation, Cisco Systems Inc., Hitachi Ltd., Bosch Security Systems Inc., Rockwell Automation Inc., Analogic Corporation, Smiths Detection International Ltd., Oshkosh Corporation, MATRIX SYSTEMS Inc., DSG SYSTEMS AG, Airport Information Systems Ltd., Garrett Metal Detectors LLC, KUKA Aktiengesellschaft, Pensher Skytech Limited, Vanderlande Industries Holding B.V., Syagen Technology Inc., Arinc Inc., A4 Vision Inc., American LaFrance LLC, Amadeus IT Group S.A., International Business Machines Corporation, Indra Sistemas S.A., ISO-Gruppe GmbH, Leidos Holdings Inc., NEC Corporation, Société Internationale de Télécommunications Aéronautiques, ADB SAFEGATE Holding AG, AirIT Inc., Avinor AS, Boon Edam Inc., Damarel Systems International Ltd., Daifuku Co. Ltd., EASIER Inc., Fentress Architects Ltd., Gentrack Group Limited, Gunnebo AB
What Geographic Markets Are Powering Growth in the Airport Technologies Market?
Asia-Pacific was the largest region in the airport technologies market in 2023. Asia-Pacific is expected to be the fastest-growing region in the airport technologies market report during the forecast period. The regions covered in the airport technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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