The Smart Airport Global Market Report 2023, provides comprehensive information on the smart airport market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/smart-airport-global-market-report
As per The Business Research Company’s Smart Airport Global Market Report 2023, the market size is expected to grow from $6.84 billion in 2022 to $7.6 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart airport is expected to grow to $13.13 billion in 2027 at a CAGR of 14.6%.
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Technological advances such as the use of Internet of Things (IoT) in aircraft parts and manufacturing procedures a key trend in the smart airport market. Companies across the globe have started implementing cloud-based platforms to develop a new aircraft, engine, system, or component design. The cloud platform enables simplification in the design process by bringing the suppliers, systems integrators, software developers, and other stakeholders within the design and manufacturing ecosystem together over a virtual platform. For instance, in 2020, Vertical Aerospace, a UK-based aviation industry innovator, used Dassault Systèmes’ 3DExperience platform on the cloud to develop their third all-electric vertical takeoff and landing aircraft. Vertical Aerospace used the 3DExpereince platform to improve coordination between their design, engineering, testing, and manufacturing disciplines and provide access to all the engineering documentation they require in the cloud to enable effective work from home.
The smart airport market is segmented:
1) By Services: Smart Transport & Parking Services, Smart Retail, Hospitality & Entertainment Services, Smart Workplace Services, Smart Airport Processes, Smart Business to Business Services
2) By Infrastructure: Endpoint Devices, Communication Systems, Passenger, Cargo and Baggage Ground Handling Control, Air/Ground Traffic Control, Security Systems, Other Infrastructures
3) By Location: Landside, Airside, Terminal Side
4) By Application: Core Applications, Business Applications
5) By End User: Implementation, Upgrades and Services
North America was the largest region in the smart airport market in 2022.
The table of contents in TBRC’s smart airport market report includes:
1. Executive Summary
2. Smart Airport Market Characteristics
3. Smart Airport Market Trends And Strategies
4. Smart Airport Market – Macro Economic Scenario
5. Smart Airport Market Size And Growth
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26. Africa Smart Airport Market
27. Smart Airport Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Airport Market
29. Smart Airport Market Future Outlook and Potential Analysis
30. Appendix
Top Majaor Players:
- Amadeus IT Group SA
- CISCO System Inc.
- Collins Aerospace
- Daifuku Co. Ltd
- Ascent Technologies
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