Product Code: 139101-08-22
Rising Urbanization and Growing Number of Investments Has Increased the Demand for Smart Airports Market
Globally, the smart airport market is expected to grow with a CAGR of 11.50% during the forecast period from 2022 to 2030 and had registered a market value of US$ 14.71 Bn by 2021. The smart, airport gathers various technologies with the help of Internet of Things (IoT), with an objective of tactically differentiating an airport, while offering improved traveler experience, and providing various benefits with efficiencies and new revenue streams.
The rising urbanization and development of infrastructure across the globe are one of the major factors driving the growth of the market. Increasing number of modernized airports, growing adoption of IoT, and artificial intelligence in the airport management and security departments are driving the growth of smart airports market. Additionally, the government across the globe is investing heavily in the development of smart airports to increase security and to offer services with ease to passengers.
Smart Airports with Check-in Systems in its Terminal Side Segment Continue Dominating the Market
In 2020, the Check-in Systems segment led the overall smart airports market contributing to more than 35.0% of the total market revenue and is expected to grow with a significant CAGR during the forecast period. Being one of the most prominent aspects of airport functioning, the segment is set to retain its dominance over the forecast period. This segment is gaining more popularity due to the increasing number of air travelers and a decrease in the airfares which has increased the number of check-ins.
North America Dominates the Market by Region
The global smart airport market was led by North America with a market share of more than 30.0% in the year 2020. The region is one of the earliest adopters of the technology and increasing investments made by the government and private enterprises in the market for security concerns, ease of management, reducing manual work and others is one of the factors, which is driving the market growth in the region. The US accounts for the largest market share in the region due to the development of new technology and the increasing utilization of various IoT devices in airports for communication purposes.
Some of the prominent players operating in the smart airports are: Honeywell International Inc., Cisco Systems Inc., Amadeus IT Group, Siemens AG, T-Systems International GmbH, Thales SA, SITA, Collins Aerospace, NATS Limited, Sabre Corp., IBM Corporation, and L-3 Security & Detection Systems Inc.
Historical & Forecast Period:
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Smart Airports market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Smart Airports market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
- Research Period: 2020-2030
- Base Year: 2021
- Forecast Period: 2022-2030
- Historical Year: 2020
- Unit: USD Million
Segmentation
Technology
- Security System
- Communication Systems
- Air and Ground Traffic Control
- Passenger, Cargo and Baggage, and Ground Handling
Terminal Side
- Baggage Handling
- Check-in Systems
- Other Operations
Landside
- Advanced Vehicle Parking Solutions
- Smart Marketing Techniques
- Security
Airside
- Air Traffic Management
- Aircraft Maintenance
- Aircraft Parking
Applications
- Aeronautical Operations
- Non-aeronautical Operations
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Smart Airports market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Smart Airports market?
- Which is the largest regional market for Smart Airports market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Smart Airports market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Smart Airports market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Smart Airports Market
- 2.2. Global Smart Airports Market, By Technology, 2021 (US$ Million)
- 2.3. Global Smart Airports Market, By Terminal Side, 2021 (US$ Million)
- 2.4. Global Smart Airports Market, By Landside, 2021 (US$ Million)
- 2.5. Global Smart Airports Market, By Airside, 2021 (US$ Million)
- 2.6. Global Smart Airports Market, By Applications, 2021 (US$ Million)
- 2.7. Global Smart Airports Market, By Geography, 2021 (US$ Million)
- 2.8. Impact of Covid 19
- 2.9. Attractive Investment Proposition by Geography, 2021
- 2.10. Competitive Analysis
- 2.10.1. Market Positioning of Key Smart Airports Market Vendors
- 2.10.2. Strategies Adopted by Smart Airports Market Vendors
- 2.10.3. Key Industry Strategies
3. Smart Airports Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Smart Airports Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Smart Airports Market: By Technology, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Security System
- 4.3.2. Communication Systems
- 4.3.3. Air and Ground Traffic Control
- 4.3.4. Passenger, Cargo and Baggage, and Ground Handling
5. Smart Airports Market: By Terminal Side, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Baggage Handling
- 5.3.2. Check-in Systems
- 5.3.3. Other Operations
6. Smart Airports Market: By Landside, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. Advanced Vehicle Parking Solutions
- 6.3.2. Smart Marketing Techniques
- 6.3.3. Security
7. Smart Airports Market: By Airside, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Growth & Revenue Analysis: 2021 Versus 2030
- 7.3. Market Segmentation
- 7.3.1. Air Traffic Management
- 7.3.2. Aircraft Maintenance
- 7.3.3. Aircraft Parking
8. Smart Airports Market: By Applications, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Growth & Revenue Analysis: 2021 Versus 2030
- 8.3. Market Segmentation
- 8.3.1. Aeronautical Operations
- 8.3.2. Non-aeronautical Operations
9. North America Smart Airports Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Smart Airports Market: By Technology, 2020-2030, USD (Million)
- 9.3. Smart Airports Market: By Terminal Side, 2020-2030, USD (Million)
- 9.4. Smart Airports Market: By Landside, 2020-2030, USD (Million)
- 9.5. Smart Airports Market: By Airside, 2020-2030, USD (Million)
- 9.6. Smart Airports Market: By Applications, 2020-2030, USD (Million)
- 9.7.Smart Airports Market: By Region, 2020-2030, USD (Million)
- 9.7.1.North America
- 9.7.1.1. U.S.
- 9.7.1.2. Canada
- 9.7.1.3. Rest of North America
10. UK and European Union Smart Airports Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Smart Airports Market: By Technology, 2020-2030, USD (Million)
- 10.3. Smart Airports Market: By Terminal Side, 2020-2030, USD (Million)
- 10.4. Smart Airports Market: By Landside, 2020-2030, USD (Million)
- 10.5. Smart Airports Market: By Airside, 2020-2030, USD (Million)
- 10.6. Smart Airports Market: By Applications, 2020-2030, USD (Million)
- 10.7.Smart Airports Market: By Region, 2020-2030, USD (Million)
- 10.7.1.UK and European Union
- 10.7.1.1. UK
- 10.7.1.2. Germany
- 10.7.1.3. Spain
- 10.7.1.4. Italy
- 10.7.1.5. France
- 10.7.1.6. Rest of Europe
11. Asia Pacific Smart Airports Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Smart Airports Market: By Technology, 2020-2030, USD (Million)
- 11.3. Smart Airports Market: By Terminal Side, 2020-2030, USD (Million)
- 11.4. Smart Airports Market: By Landside, 2020-2030, USD (Million)
- 11.5. Smart Airports Market: By Airside, 2020-2030, USD (Million)
- 11.6. Smart Airports Market: By Applications, 2020-2030, USD (Million)
- 11.7.Smart Airports Market: By Region, 2020-2030, USD (Million)
- 11.7.1.Asia Pacific
- 11.7.1.1. China
- 11.7.1.2. Japan
- 11.7.1.3. India
- 11.7.1.4. Australia
- 11.7.1.5. South Korea
- 11.7.1.6. Rest of Asia Pacific
12. Latin America Smart Airports Market, 2020-2030, USD (Million)
- 12.1. Market Overview
- 12.2. Smart Airports Market: By Technology, 2020-2030, USD (Million)
- 12.3. Smart Airports Market: By Terminal Side, 2020-2030, USD (Million)
- 12.4. Smart Airports Market: By Landside, 2020-2030, USD (Million)
- 12.5. Smart Airports Market: By Airside, 2020-2030, USD (Million)
- 12.6. Smart Airports Market: By Applications, 2020-2030, USD (Million)
- 12.7.Smart Airports Market: By Region, 2020-2030, USD (Million)
- 12.7.1.Latin America
- 12.7.1.1. Brazil
- 12.7.1.2. Mexico
- 12.7.1.3. Rest of Latin America
13. Middle East and Africa Smart Airports Market, 2020-2030, USD (Million)
- 13.1. Market Overview
- 13.2. Smart Airports Market: By Technology, 2020-2030, USD (Million)
- 13.3. Smart Airports Market: By Terminal Side, 2020-2030, USD (Million)
- 13.4. Smart Airports Market: By Landside, 2020-2030, USD (Million)
- 13.5. Smart Airports Market: By Airside, 2020-2030, USD (Million)
- 13.6. Smart Airports Market: By Applications, 2020-2030, USD (Million)
- 13.7.Smart Airports Market: By Region, 2020-2030, USD (Million)
- 13.7.1.Middle East and Africa
- 13.7.1.1. GCC
- 13.7.1.2. Africa
- 13.7.1.3. Rest of Middle East and Africa
14. Company Profile
- 14.1. Honeywell international Inc.
- 14.1.1. Company Overview
- 14.1.2. Financial Performance
- 14.1.3. Product Portfolio
- 14.1.4. Strategic Initiatives
- 14.2. Cisco Systems Inc.
- 14.2.1. Company Overview
- 14.2.2. Financial Performance
- 14.2.3. Product Portfolio
- 14.2.4. Strategic Initiatives
- 14.3. Amadeus IT Group
- 14.3.1. Company Overview
- 14.3.2. Financial Performance
- 14.3.3. Product Portfolio
- 14.3.4. Strategic Initiatives
- 14.4. Siemens AG
- 14.4.1. Company Overview
- 14.4.2. Financial Performance
- 14.4.3. Product Portfolio
- 14.4.4. Strategic Initiatives
- 14.5. T-Systems international GmbH
- 14.5.1. Company Overview
- 14.5.2. Financial Performance
- 14.5.3. Product Portfolio
- 14.5.4. Strategic Initiatives
- 14.6. Thales SA
- 14.6.1. Company Overview
- 14.6.2. Financial Performance
- 14.6.3. Product Portfolio
- 14.6.4. Strategic Initiatives
- 14.7. SITA
- 14.7.1. Company Overview
- 14.7.2. Financial Performance
- 14.7.3. Product Portfolio
- 14.7.4. Strategic Initiatives
- 14.8. Collins Aerospace
- 14.8.1. Company Overview
- 14.8.2. Financial Performance
- 14.8.3. Product Portfolio
- 14.8.4. Strategic Initiatives
- 14.9. NATS Limited
- 14.9.1. Company Overview
- 14.9.2. Financial Performance
- 14.9.3. Product Portfolio
- 14.9.4. Strategic Initiatives
- 14.10. Sabre Corp.
- 14.10.1. Company Overview
- 14.10.2. Financial Performance
- 14.10.3. Product Portfolio
- 14.10.4. Strategic Initiatives
- 14.11. IBM Corporation
- 14.11.1. Company Overview
- 14.11.2. Financial Performance
- 14.11.3. Product Portfolio
- 14.11.4. Strategic Initiatives
- 14.12. L-3 Security & Detection Systems Inc.
- 14.12.1. Company Overview
- 14.12.2. Financial Performance
- 14.12.3. Product Portfolio
- 14.12.4. Strategic Initiatives