Smart Airport Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Smart Airport market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“Smart Airport Market report is anticipated to register a CAGR of 5.82% over a five years forecast period (2018 – 2023).”
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List of Major Key players operating in the Global Smart Airport Market are –
- HONEYWELL INTERNATIONAL INC
- CISCO SYSTEMS INC
- AMADEUS IT GROUP
- SIEMENS AG
- T – SYSTEMS
- THALES GROUP
- ROCKWELL COLLINS INC
- SABRE CORPORATION
- IBM CORPORATION
Airports are required to be technologically advanced and equipped to serve the increasing air-traffic. Therefore, to be more entrepreneurial and practical becomes important for them, to bring about changes in the airport structures. The main aim of constructing smart airport is to make systems and processes digitally equipped and organized, in terms of process efficiency and connectivity. Further, this helps the systems to pervade with intelligence and improve accessibility.
In 2017, the smart airport market accounted for USD 10.87 billion and is expected to reach USD 15.64 billion, registering a CAGR 5.82%, during 2017-2023 (the forecast period).
Hamad International Airport (HIA) signed a contract with Huawei to speed up the Qatar airport’s digital transformation. The major focuses of this strategic partnership are expected to be on Internet of Things (IoT), and autonomous machines, in order to address the business opportunities and challenges. Moreover, this partnership will enable the development of the smart airport and upgrade the passenger management, further fulfilling the needs of digital-savvy customers. Thereby, these technological service providers are involved in serving ICT solutions, to accelerate the digital transformation in airports and their operations.
Smart robots are set to boost the productivity scenario at Changi Airport. An smart wheelchair system, wheelchairs guided by vision-based technology, is on trial at the airport. Other futuristic technologies include Roboto, a prototype robotic chef that can prepare ‘laksa’ for passengers at the Sats Premier Lounges. In the first quarter of 2017, Changi Airport is involved in testing smart vehicles that work on ‘Follow-Me’ technology for transporting food trolleys within the premises.
Transport Security Administration (TSA) and Homeland Security are developing a smart mannequin (PATT) that contains a sensor layer and can accurately measure the applied pressure during a pat-down procedure. These smart mannequins are designed differently, and effectively for male and female body shapes and have up to 2,000 sensors covering the entire surface area, to provide the best possible feedback.
According to SITA IT Airport Survey, around 80% of the airports have been investing in beacons and other sensors for the next three years, which would make passengers journey comfortable and timely. Geographically alone, the Middle East market is expected to reach USD 850 million by 2020, owing to the high investments, especially in UAE.
Major Key Player : HONEYWELL INTERNATIONAL INC, CISCO SYSTEMS INC, SIEMENS AG, ROCKWELL COLLINS INC., RAYTHEON amongst others.
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Scope of the Report:
The report analyses Smart Airport market, which includes –
- Analysis of the growth of Smart Airport market in global and regional level including Asia-Pacific, Americas, and EMEA.
- The report provides Smart Airport market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
- The report offers country level Smart Airport market volume and value by end-user segment for the period 2012-2023.
- Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Smart Airport market are discussed.
- The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of Smart Airport Market Report:
- Varying dynamics of the Smart Airport industry.
- Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
- Smart Airport market report recognizes the key drivers of growth and challenges of the key industry players.
- Competitors profiles along with product description, overview, and business data.
- A complete analysis of market risks, opportunities, limitations, and growth of the market.
- Market driving and restraining factors.
- Delivers information on the historical and current market size and the future potential of the market.
- Smart Airport market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase Smart Airport Market Report:
- The report analyses how stringent emission control norms will drive the global Smart Airport market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Smart Airport market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of Smart Airport:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023
Look into Table of Content of Smart Airport Market Report @ https://www.360marketupdates.com/TOC/12883360#TOC
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