Press release
Airport Kiosks Market - Witness Lucrative Opportunities in Europe & Asia Pacific
Airport kiosks are inbuilt with high-tech features that perform crucial tasks for airline passengers thus enabling them avoid standing in long queues. Kiosks provide effective solutions to expedite passenger activities such as check-in, passenger clearance, and baggage clearance.
Despite witnessing promising opportunities, the advent of mobile technologies providing similar convenience to airline passengers will limit the sales of airport kiosks to an extent.
Nevertheless, as per Transparency Market Research (TMR) the market is expected to gain momentum in the near future with the rising privatization of airports.
Spurred by these factors, the global airport kiosks market is expected to report a CAGR of 16.1% between 2015 and 2022.
TMR forecasts the market to reach US$815.1 mn by the end of 2022. The global airport kiosks market stood at US$248.7 mn in 2014.
Rising Demand from Common-use Self-services Segment to Fuel Installation of Check-in Kiosks
Among the various application segments, common-use self-service (CUSS) held the largest share in the global airport kiosks market. This rising installation of check-in kiosks across airports is aided by the increasing demand from the common-use-self-service segment.
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These kiosks provide check-in services to airline commuters in the absence of ground staff. CUSS kiosks also guide them through the process of purchasing goods or services. According to TMR, the CUSS segment is expected to rise at a CAGR of 16.5% from 2015 to 2022.
The automated passport control (APC) segment is also exhibiting remarkable growth due to the surging demand for border management solutions. Once installed, these kiosks allow the entry of only authorized passengers into the passport control area.
The rising incidence of terror attacks has been boosting the deployment of APC kiosks in airports around the world. Currently, North America is exhibiting rising deployment of APC kiosks across its airports. Besides this, TMR expects the baggage check-in segment to demonstrate considerable growth through the course of the forecast period.
About TMR
TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.com
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