Smart Airport Market Growth Factors, Types And Application By Regions by 2030


Posted February 22, 2024 by ggchetana

Global Smart Airport Market size was valued at USD 5.60 Billion in 2023 and the total Global Smart Airport Revenue is expected to grow at a CAGR of 16.1 % from 2024 to 2030, reaching nearly USD 15.92 Billion in 2030.
 
Smart Airport Market Overview

Maximize Market Research offers an all-encompassing portrayal of Smart Airport Market, presenting a contemporary snapshot that optimizes the understanding of its characteristics. The research paper thoroughly covers projected statistics, notable progressions, and revenue details within the Smart Airport domain. Moreover, it furnishes an exhaustive exploration of the primary strategies embraced by key industry players, empowering readers to bolster their own enterprises.

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Global Smart Airport Market size was valued at USD 5.60 Billion in 2023 and the total Global Smart Airport Revenue is expected to grow at a CAGR of 16.1 % from 2024 to 2030, reaching nearly USD 15.92 Billion in 2030.

Market dynamics for smart airports:

Factors and Advancements Influencing the Development of the Smart Airport Sector

One of the main reasons propelling the expansion of the smart airports business is the growing demand for real-time information globally. While a surge in passenger air travel worldwide for faster transit and travel perks stimulates market expansion, advanced technology enables the utilisation of renewable energy sources to minimise pollution and achieve sustainable goals.

Smart Airport Market Segmentation

by Product Type

Airport 2.0
Airport 3.0
Airport 4.0

by Application

Airside
Terminal Side
Landside

Airside has the most market share, accounting for 44.30% of applications. To improve the effectiveness of airside operations, smart airports make use of a variety of technologies, including automated weather monitoring, enhanced surface movement guidance and control systems, and airport collaborative decision-making (A-CDM) systems. The solutions facilitate better aircraft movements overall, expedite taxiing times, and allocate runways and gates optimally. To reduce aircraft turnaround times, smart airports use automated ground handling equipment such baggage handling systems, aircraft towing trucks, and fuelling systems. The innovations improve operational safety, cut down on fuel usage, and minimise delays.

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Smart Airport Market Key Players

1. Honeywell International Inc.
2. Siemens AG
3. Cisco Systems, Inc.
4. IBM Corporation
5. Thales Group
6. SITA
7. Amadeus IT Group
8. NEC Corporation
9. Collins Aerospace (formerly Rockwell Collins)
10. Indra Sistemas
11. Huawei Technologies Co., Ltd.
12. Raytheon Technologies Corporation
13. FACC AG
14. Leidos Holdings, Inc.
15. Bosch Security Systems
16. Hitachi, Ltd.
17. AirIT
18. Vanderlande Industries
19. Unisys Corporation
20. Smiths Detection

Table of content for the Smart Airport Market includes:

Part 01: Executive Summary

Part 02: Scope of the Smart Airport Market Report

Part 03: Global Smart Airport Market Landscape

Part 04: Global Smart Airport Market Sizing

Part 05: Global Smart Airport Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Analysis

Each regional Smart Airport market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Smart Airport market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Smart Airport report.

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Key Questions answered in the Smart Airport Market Report are:

What is Smart Airport?
What are the Smart Airport Market segments?
What is the forecast period of the Smart Airport Market?
What is the expected growth rate of the Smart Airport Market during the forecast period?
Which region held the largest Smart Airport market share in 2022?
What are the opportunities for the Smart Airport Market?
What factors are affecting the Smart Airport market growth?
Key offerings:

Market Share, Size, and Forecast by Revenue|2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis of each segment and their sub-segments
Landscape- Leading key players and other prominent key players.
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Issued By ggchetana
Country India
Categories Business
Tags smart airport market
Last Updated February 22, 2024