The Smart Airports Market is estimated to register substantial growth during the forecast period owing to increasing demand from various applications during the forecast period. Also, this market has witnessed number of key developments by major companies operating in the market including new product development, partnerships, contracts, and so on.
A smart airport is a concept that is based on the futuristic smart cities, buildings, etc. These will help the efficiency of the airports increase greatly and also make handling the airport easier.
This market is segmented based on the technology, terminal side, airside, landside and application.

Segment Analysis

Based on the technology, it is segmented as Communication Systems, Security Systems, Passenger, Endpoint Devices, Air/Ground Traffic Control, Cargo & Baggage Handling Control, and Others. The communications system segment is leading as there is an increasing need for real-time information to be communicated, and several airports are adopting smart technologies, for smoother and efficient communication.

On the basis of the terminal side, it is segmented as Baggage Handling, Check-in Systems, Building Operations, and Sustainable Energy Management. The check-in systems are more in use as they are being upgraded to self-check-in systems, hence it is cost-efficient as compared to the others.

By the airside, it is divided as ATM, Resource Management, Aircraft Parking, Aircraft Maintenance, and Others whereas by the landside it is divided into Vehicular Parking, Security, and Intelligent Advertising. Among the airside equipment, the air traffic management segment is the largest, as many precautions are being taken so the airspace is not congested. And from the landside, the vehicular parking is expected to grow, as it is one of the main income sources for airports.

Based on the application, it is segmented as aeronautical and non-aeronautical operations. The non-aeronautical operations are growing substantially. the various services provided such as advertising, retail outlets, food & beverages, Wi-Fi, lounge access are the main resources for increasing the profitability of the airports. These services are what draws an individual to an airport.

The smart airport market is anticipated to grow in the APAC region. Heavy investments are being made in the up-gradation of the existing airports and the development of newer smarter ones in this region.

Key Factors Impacting Market Growth:
    • Increase in passenger flow
    • Growing Need for real-time information
    • Rising implementation of automation

Regional Outlook

North America, Western Europe, and Asia Pacific are estimated to dominate the smart airport market by regions during the forecast period. North America region includes US, Canada, and Mexico. This region is dominated by US with a substantial market share. Presence of key players operating in the market along with an established infrastructure, and government spending are expected to drive the demand in the region.  Western Europe consists is another major region with countries such as Germany, UK, France, and Italy. Some of these countries are major exporters of aerospace & defense technologies to the World. In addition to this, there has been a strong government spending towards development and acquisition of new technologies in recent years. Asia Pacific consisting of China, Japan, India, and South Korea is estimated to register highest CAGR for smart airport market during the forecast period. Middle East and Eastern Europe regions have a strong potential for smart airport market during the forecast period.

Companies Covered: Honeywell Corporation Inc., Collins Aerospace, SITA, Siemens AG, IBM Corporation, Cisco Systems Inc., Raytheon Company, Kiewit, Larsen & Toubro, and Amadeus IT Group SA....

Market Segmentation:

By Technology:
    • Security Systems
    • Communication Systems
    • Cargo & Baggage Handling Control
    • Air/Ground Traffic Control
    • Passenger 
    • Endpoint Devices
    • Others

By Terminal side:
    • Baggage Handling
    • Check-in Systems
    • Building Operations
    • Sustainable Energy Management

By Airside:
    • ATM
    • Resource Management
    • Aircraft Parking
    • Aircraft Maintenance
    • Others

By Landside:
    • Vehicular Parking
    • Security
    • Intelligent Advertising

By Application:
    • Aeronautical Operations
    • Non-Aeronautical Operations

By Region:

    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Technology
        ◦ By Terminal side
        ◦ By Airside
        ◦ By Landside
        ◦ By Application

    • Western Europe
        ◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe) 
        ◦ By Technology
        ◦ By Terminal side
        ◦ By Airside
        ◦ By Landside
        ◦ By Application

    • Eastern Europe
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe) 
        ◦ By Technology
        ◦ By Terminal side
        ◦ By Airside
        ◦ By Landside 
        ◦ By Application

    • Asia Pacific
        ◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific) 
        ◦ By Technology
        ◦ By Terminal side
        ◦ By Airside
        ◦ By Landside
        ◦ By Application

    • Middle East 
        ◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East) 
        ◦ By Technology
        ◦ By Terminal side
        ◦ By Airside
        ◦ By Landside By Application

    • Rest of the World
        ◦ By Region (South America, Africa) 
        ◦ By Technology
        ◦ By Terminal side
        ◦ By Airside
        ◦ By Landside 
        ◦ By Application

Reasons To Buy This Report:
    • Market size estimation of the global smart airport Market on regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
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