Global Smart Airports Market, By Type (Airport 2.0 Airport 3.0, Airport 4.0), Airport Size (Large, Medium, Small), Operation (Aeronautical, Non-Aeronautical), System (Communication and Network Systems, Wireless, Near Field Communication, RFID, Bluetooth, LPWAN and WLAN, Endpoint Devices, Sensors, Tags, Displays, Cameras, Wearables, Data Storage, Cloud, On-premise, Software and Solutions, Platforms, Software and Applications, Data Analytics, Managed Services), Application (Airside, Air Traffic Management, Aircraft Maintenance, Aircraft Turnaround Management, Ground Support Equipment Management, Advanced Visual Docking Guidance System (A-VDGS), E-Fence, Noise Monitoring, Terminal Side, Passenger Screening, Cargo and Baggage Handling, Digital Video Surveillance and Management (DVM), Passenger Experience, Building Management, Payment and Tokenization, Staff and Crew Management, Landside, Intelligent Advertising, Vehicular Parking, Car Rental and Mass Transit), End-Use (Implementation, Upgrades and Services) - Industry Trends and Forecast to 2030.
Smart Airports Market Analysis and Size
The increased demand for real-time information throughout the world is one of the primary factors driving the growth of the smart airports industry. The use of sophisticated technology allows for the use of renewable energy sources to minimize pollution and accomplish sustainable goals, while a spike in air travel by passengers all over the world for speedier transportation and travel benefits accelerates market growth. The development in huge passenger volume, as well as giving ease and comfort to travellers, as well as the rise in government awareness for establishing intelligent air depots and evolving regulatory mandates in numerous countries, all have an impact on the industry.
Data Bridge Market Research analyses that the global smart airports market which was USD 2,620 million in 2022, is expected to reach USD 11,560 million by 2030, and is expected to undergo a CAGR of 16.1% during the forecast period of 2023 to 2030. “Airport 4.0” dominates the type segment of the global smart airports market as it aims to leverage technology to provide passengers with the seamless and enjoyable experience throughout their journey. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Smart Airports Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Airport 2.0 Airport 3.0, Airport 4.0), Airport Size (Large, Medium, Small), Operation (Aeronautical, Non-Aeronautical), System (Communication and Network Systems, Wireless, Near Field Communication, RFID, Bluetooth, LPWAN and WLAN, Endpoint Devices, Sensors, Tags, Displays, Cameras, Wearables, Data Storage, Cloud, On-premise, Software and Solutions, Platforms, Software and Applications, Data Analytics, Managed Services), Application (Airside, Air Traffic Management, Aircraft Maintenance, Aircraft Turnaround Management, Ground Support Equipment Management, Advanced Visual Docking Guidance System (A-VDGS), E-Fence, Noise Monitoring, Terminal Side, Passenger Screening, Cargo and Baggage Handling, Digital Video Surveillance and Management (DVM), Passenger Experience, Building Management, Payment and Tokenization, Staff and Crew Management, Landside, Intelligent Advertising, Vehicular Parking, Car Rental and Mass Transit), End-Use (Implementation, Upgrades and Services)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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SITA (Switzerland), Huawei Technologies Co.Ltd (China), Smart Airport Systems(SAS) (France), Infax,Inc. (U.S.), Honeywell International Inc. (U.S.), Thales Group (France), Daifuku Co.Ltd (Japan), Siemens AG (Germany), Amadeus IT Group SA (Spain), Infax,Inc. (U.S.)
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Market Opportunities
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Market Definition
A smart airport is a concept that delivers innovative solutions to increase capacity and systems such as security, checking, communication, and baggage management, among other functions, in the shortest amount of time. These airports rely on the digital use of connected technology such as GPS, sensors, and IoT devices in planning and operational chores to support the flow of activities across the airport. This includes self-services kiosks for check-in, automated baggage handling, mobile apps for real time information and personalized services. Enhancing passenger experience is a priority for airports worldwide to attract and retain travellers.
Global Smart Airports Market Dynamics
Drivers
- Increased Use of Artificial Intelligence to Ensure Airport Safety
The increasing adoption of AI technologies by businesses of all sizes is a major driver for the global smart airports market. Artificial intelligence generated systems assist airport authorities in addressing safety concerns. AI can be used to increase security in airport landside zones in addition to ensuring security at airport checkpoints. Several airports are implementing cutting-edge safety systems. Hence, rise in usage of AI for improving security at airports is expected to propel growth of the global smart airports market.
- Global Air Passenger Traffic is Increasing
The increase in passengers would result in a massive increase in demand for new airplanes around the world, necessitating the use of smart technologies at airports to appropriately manage resources and people. As a result, increased air traffic is expected to boost growth in the global smart airport market.
Opportunity
- Advancements in Technology
The rapid advancements in AI technology are also driving the growth of the global smart airports market. Cloud computing provides an opportunity for airports to rapidly adjust how they serve passengers, providing flexibility to adapt airport services to new requirements for a safer, more contactless, and socially distanced airport experience. Hence, rapid developments in powerful and affordable cloud computing infrastructures are also expected to have a strong impact on growth potential of the global smart airport market.
Restraints/Challenges
- Data Privacy and Security Concerns
Passenger’s privacy is at risk by the usage of biometric technology like as facial recognition. Smart airports face a problem in finding the right balance of convenience and privacy.
- Inadequately Trained and Experienced Personnel
Higher adoption of current systems in the aviation industry is only achievable if there is a sufficient supply of skilled and experienced personnel to handle complex algorithms and install appropriate technology for various applications. Furthermore, managing AI and automated systems can be tough at times and necessitates extraordinary software engineering skills as well as significant experience handling distributed and concurrent programming or debugging communication protocols. However, such skills are in short supply in many locations, particularly in emerging economies. As a result, one of the key challenges faced is a scarcity of competent labor.
This global smart airports market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global smart airports market contact the Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In June 2022, Thales Group introduces HELIXVIEW, an innovative, stationary, compact and lightweight Cabin Baggage Explosive Detection System (EDS CB) that eliminates the need for passengers to remove things from bags. HELIXVIEW is a C3- complaint scanner (next EDS CB standard) that blends electronic scanning based on X-Ray nanotechnology with 3D image reconstruction. It leverages on Thales expertise in AI and Cybersecurity to develop an intelligent and cost effective airport solution. HELIXVIEW improves airport security while also providing travelers with more convenient travel options
- In November 2021, Honeywell International Inc. Honeywell unveiled the next generation of its Honeywell NAVITAS software suite platform, a system of systems (SOS) solution that will assist airport operations and aviation navigation service providers in making more informed and accurate choices throughout airside operations, from approach to gate. This allows for the automation and digitalization of air traffic, which aid in effective ground movement, situational awareness and Air Traffic Management(ATM), information management and integration
Global Smart Airports Market Scope
The global smart airports market is segmented on the basis of type, airport size, operation, system, application, and end-use. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Airport 2.O
- Airport 3.O
- Airport 4.O
Airport Size
- Large
- Medium
- Small
Operation
- Aeronautical
- Non-Aeronautical
System
- Communication and Network Systems
- Wireless
- Near Field Communication
- RFID
- Bluetooth
- LPWAN and WLAN
- Endpoint Devices
- Sensors
- Tags
- Displays
- Cameras
- Wearables
- Data Storage
- Cloud
- On-premise
- Software and Solutions
- Platforms
- Software and Applications
- Data Analytics
- Managed Services
Application
- Airside
- Air Traffic Management
- Aircraft Maintenance
- Aircraft Turnaround Management
- Ground Support Equipment Management
- Advanced Visual Docking Guidance System (A-VDGS)
- E-Fence
- Noise Monitoring
- Terminal Side
- Passenger Screening
- Cargo and Baggage Handling
- Digital Video Surveillance and Management (DVM)
- Passenger Experience
- Building Management
- Payment and Tokenization
- Staff and Crew Management
- Landside
- Intelligent Advertising
- Vehicular Parking
- Car Rental and Mass Transit
End Use
- Implementation
- Upgrades and Services
Global Smart Airports Market Region Analysis/Insights
The global smart airports market is analyzed and market size insights and trends are provided by region, countries, type, airport size, operation, system, application, and end-use, as referenced above.
The regions covered in the global smart airports market are North America, South America, Europe, Asia-Pacific, and the Middle East and Africa.
The countries covered in the global smart airports market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa.
The North American smart airport market will dominate this market. The U.S. has recently increased expenditure on airport system upgrades dramatically. Furthermore, key manufacturers such as Honeywell International Inc. and Raytheon Technologies Inc. promote market growth in the United States, as do governmental agencies such as the Transportation Security Administration (TSA). Furthermore, the Hartsfield-Jackson Atlanta International Airport (ATL), the world's largest international airport, will contribute to the region's market expansion.
Asia-Pacific is the fastest-growing region in the global smart airports market due to substantial market growth during the projected period due to a large increase in air traffic in countries such as China, Singapore, and India. Long-term market expansion is expected in the region. Furthermore, the India smart airport market had the greatest market share, while the China smart airport market was the fastest-growing market in the Asia Pacific area.
The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Competitive Landscape and Global Smart Airports Market Share Analysis
The global smart airports market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global smart airports market.
Some of the major players operating in the global smart airports market are:
- SITA (Switzerland)
- Huawei Technologies Co.Ltd (China)
- Smart Airport Systems(SAS) (France)
- Infax,Inc. (U.S.)
- Honeywell International Inc. (U.S.)
- Thales Group (France)
- Daifuku Co.Ltd (Japan)
- Siemens AG (Germany)
- Amadeus IT Group SA (Spain)
- Infax,Inc. (U.S.)
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