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Smart Airport Market

Global Smart Airport Market by Technology (Security Systems, Communication Systems, Cargo & Baggage Handling Control, and Other technologies), Application, Terminal type, Airside, Landside, and by Region- Forecast to 2023

Global Smart Airport Market by Technology (Security Systems, Communication Systems, Cargo & Baggage Handling Control, and Other technologies), Application, Terminal type, Airside, Landside, and by Region- Forecast to 2023

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<strong>Smart</strong> <strong>Airport</strong> <strong>Market</strong> Research Report By<br />

Forecast To 2023<br />

Industry Survey, Growth, Competitive Landscape<br />

and Forecasts to 2023<br />

PREPARED BY<br />

<strong>Market</strong> Research Future<br />

(Part of Wantstats Research & Media Pvt. Ltd.)


<strong>Smart</strong> <strong>Airport</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />

Global <strong>Smart</strong> <strong>Airport</strong> <strong>Market</strong> by Technology (Security Systems, Communication Systems, Cargo & Baggage<br />

Handling Control, and Other technologies), Application, Terminal type, Airside, Landside, and by Region-<br />

Forecast to 2023<br />

The global smart airport market has grown drastically with innovative technologies that have enhanced user experiences.<br />

The rise in demand for real-time data is anticipated to drive the market growth, as it help to ease the burden on airport<br />

infrastructure and manpower. The key growth drivers include modernization of previous airports, establishment of new<br />

airports, development in commercial aviation, and increase in green initiatives by the airports. The aim of constructing a<br />

smart airport is to create systems and processes that are digitally equipped and arranged, in terms of process efficiency and<br />

connectivity.<br />

The introduction of various devices with innovative options, such as client identification through a unique heartbeat pattern<br />

with the assistance of biometric signatures and preparation of artificial intelligence technology, across airports are<br />

supporting the management of huge airport databases.<br />

<strong>Smart</strong> robots are set to rise the productivity of the workforce, working at Singapore Changi airport. A smart wheelchair<br />

system, wheelchairs guided by vision-based technology is the latest technology which is to be implemented at the airport in<br />

the upcoming years. Different technologies include Roboto, a prototype robotic chef, which prepares ‘laksa’ for passengers<br />

in Sats Premier Lounge.<br />

A rising trend within the industry is the development and commercialization of recent intelligent technologies that provide<br />

a digital ecosystem, such as machine-driven arrival, flight booking management, and baggage and document checks to the<br />

passengers. <strong>Airport</strong>s across the globe are progressively adopting technology-enabled devices, such as smart baggage system<br />

and on-site application of Internet of Things (LoT) to transform customer experiences. Moreover, development of queue<br />

management systems that utilize existing CCTV systems and predict the waiting time in arrival areas, security checkpoints,<br />

taxi lanes, and passport management will help to locate the passenger in less time. Queue management system counts the<br />

number of passengers captured within the CCTV cameras, calculate the waiting time, and predict the time spent by a<br />

traveler in a queue.<br />

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<strong>Smart</strong> <strong>Airport</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />

At present, airports are accumulating traveler data to provide various added advantage to passengers, such as data<br />

regarding the nearest retail locations, live updates on flight status, traffic and parking updates, guidance for arrival and<br />

baggage drop, directions for immigration check, and live updates on bus and taxi transportation services.<br />

The various application varieties analyzed, within the report, embrace aeronautical and non-aeronautical operations. The<br />

non-aeronautical segment is expected to witness important growth throughout the forecast period. Services such as retail<br />

outlets, advertising, smart parking, Wi-Fi, restaurants, lounge access, and personalized services are driving the growth in<br />

non-aeronautical applications.<br />

<strong>Airport</strong>s, worldwide, have started diversifying their financial gain and are spending huge amount to implement nonaeronautical<br />

operations, such as providing parking facilities, lounges, conference rooms, and boarding and lodging facilities.<br />

<strong>Airport</strong>s are currently focusing their efforts on traveler satisfaction and have started providing various facilities, such as<br />

providing personalized data relating to retail showrooms and related offers, by analyzing the precise habits and wishes of<br />

previous visited passengers, so as to make customized user expertise for the new passengers.<br />

The segment, terminal side is predicted to emerge as the largest section during the forecast period. Terminal side updated<br />

information is provide to the traveler on their smartphones so as to know the landing field kiosks. It also involves devices<br />

that provide location services and alerts for guiding traveler to their terminals and gates with personalized retail and<br />

hospitality offerings.<br />

The smart airport market is estimated to grow at a CAGR of more than 12% during the forecast period of 2017-2023. This<br />

estimation of a CAGR is due to the rise in usage of digital technologies worldwide, aircraft companies are more focusing<br />

towards the digital transformation to enhance personal experience of the passengers.<br />

Report Sample @ https://www.marketresearchfuture.com/sample_request/5882<br />

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<strong>Smart</strong> <strong>Airport</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />

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<strong>Smart</strong> <strong>Airport</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />

Key Players<br />

The key players in smart airport market are Honeywell Corporation Inc (U.S.), Rockwell Collins, Inc. (U.S.), SITA (Switzerland),<br />

Siemens AG (Germany), IBM Corporation (U.S.), Cisco Systems Inc. (U.S.), Raytheon (U.S.), Kiewit (U.S.), Larsen & Toubro<br />

(India), and Amadeus IT Group SA (Spain).<br />

The report for Global <strong>Smart</strong> <strong>Airport</strong> <strong>Market</strong> of <strong>Market</strong> Research Future comprises extensive primary research along with the<br />

detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the<br />

deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which<br />

includes historical and projected market size in terms of value and volume, technological advancement, macro economical<br />

and governing factors in the market. The report provides details information and strategies of the top key players in the<br />

industry. The report also gives a broad study of the different market segments and regions.<br />

Browse Report @ https://www.marketresearchfuture.com/reports/smart-airport-market-5882<br />

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research<br />

studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments,<br />

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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and<br />

industrial visits for its research analyst members.<br />

For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com<br />

Copyright © 2018 <strong>Market</strong> Research Future<br />

All Rights Reserved. This document contains highly confidential information and is the sole property of <strong>Market</strong> Research Future. No part of it may be<br />

circulated, copied, quoted, or otherwise reproduced without the written approval of <strong>Market</strong> Research Future.<br />

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