The global smart airport market is expected to reach USD
25.09 billion by 2025,growing at a CAGR of 10.7%. according to a new report by
Grand View Research, Inc. The growth can be accredited to increased penetration
of automated and connected airport processes, such as self-service check-ins,
smart baggage drop, and smart luggage tracking.
Moreover, the rising demand for various
technologically-advanced non-aeronautical systems, communication systems, and
security systems such as electronic bag tags is expected to boost the growth
over the forecast period.
Emerging technologies and devices, such as
smart access control systems, fingerprint readers, and smart card technology
are being increasingly implemented by airports for enhancing the overall passenger
experience. Additionally, with the introduction of smartphone-based airport
applications, passengers are now able to utilize real-time information, such as
gate number, arrival time, direction to airport, check-in line, and flight
booking.
Companies across the globe are investing
heavily on IT and digital technology to effectively streamline their business
processes and provide value-added services to customers. A majority of airports
are now focusing on passenger self-service solutions and are planning to
implement new technologies, such as the adoption of Bluetooth-enabled beacons
to provide connected airport solutions.
Contemporary airport operation and business
models have led to an explosive growth of the airline industry. Rising concerns
of industry participants pertaining to increased competitiveness have led to a
shift in focus towards a customer-centric and data-driven approach to enhance
operational efficiency. Moreover, with the emergence of Airport 3.0, airports
worldwide are seeking to leverage the benefits of emerging technologies with
advanced capabilities.
Full Research
Report On Smart Airport Market Analysis:
http://www.grandviewresearch.com/industry-analysis/smart-airports-market
http://www.grandviewresearch.com/industry-analysis/smart-airports-market
Further key findings from the report suggest:
·
Airports across emerging
economies are increasingly adopting a smart airport approach by implementing
innovative technologies, such as smart robots, self-check-in kiosks, beacon
services, predictive analysis, and border control automation solutions
·
Airports are increasingly
expanding their airside operations by providing various services, such as
in-wallet scanning, and geolocation and coordination of aircraft with real-time
information on landing
·
Airports across developed
regions, such as the U.S., have now started providing automated parking
facilities, in order to capture a higher revenue share of the non-aeronautical
operations segment
·
Asia-Pacific is estimated to emerge
as the fastest-growing region over the forecast period, owing to a steep
increase in passenger traffic coupled with upgrading and implementation of new
technologies in airport communication and security systems
·
Major countries across Europe
are adopting Bluetooth-based beacon technology to provide a personalized
experience to passengers, such as indoor wayfinding and nearby promotional
offers, based on data collected regarding the passengers’ spending and usage
habits
View More Reports Of This Category By Grand View Research
At:
https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the global
smart airport market on the basis of technology, application, location, and
region:
Smart Airport Technology Outlook (Revenue, USD Million;
2014 - 2025)
·
Security Systems
·
Communication Systems
·
Passenger, Cargo, & Baggage
Ground Handling Control
·
Air/Ground Traffic Control
·
Others
Smart Airport Application Outlook (Revenue, USD Million;
2014 - 2025)
·
Aeronautical Operations
·
Non-Aeronautical Operations
Smart Airport Location Outlook (Revenue, USD Million;
2014 - 2025)
·
Landside
o Vehicular Parking
o Security
o Advertisement
·
Airside
o Air Traffic Management (ATM)
o Management
o Aircraft Parking & Maintenance
·
Terminal Side
o Building Operations
o Baggage Handling
o Check-in Systems
Smart Airport Regional Outlook (Revenue, USD Million;
2014 - 2025)
·
North America
o U.S.
o Canada
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o India
o Japan
·
Latin America
o Mexico
o Brazil
·
Middle East & Africa
Access Full Press Release of this Report:
https://www.grandviewresearch.com/industry-analysis/smart-airports-market
https://www.grandviewresearch.com/industry-analysis/smart-airports-market
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/