A thorough analysis report on the global Smart Airport Market is published by Astute Analytica. The study encompasses current trends, future opportunities, influencing factors, compound annual growth rate, revenue estimation, etc., in a summarized way.
The global Smart Airport Market is anticipated revenue of US$ 54,862.1 Mn at a compound annual growth rate (CAGR) of 10.9% over the forecast period of 2021-2027.
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The report revolves around the overall outlook of the global Smart Airport Market during the forecast period. It includes the past factors that are likely to impact the future of the market. It also outlines current ongoing trends attributing to the growth. Moreover, the report highlights the regions and market players having a significant role in the growth or decline of the global market.
The study includes key events to help market players build their strategies as per data. Apart from that, this documented report analyzes the chances of market expansion by calculating the accurate CAGR. All the data and analysis, including forecast, evaluations, and estimations, are carried out using prominent tools and techniques such as SWOT analysis and Porter’s Five Forces analysis. These tools ensure accuracy so that businesses can be confident with the statistics.
The study highlights key market trends like technological advancement, successful strategies of the companies. In terms of regional analysis, the report discusses the growth rate of the regions dominating the market or expected to dominate during the forecast time frame.
The comprehensive study report aims to provide precise information to the readers. The broad research introduces various exemplary events and innovations to help businesses lead their plans. The study is also essential for thriving businesses, start-ups, and key players to maintain further growth.
Impact of COVID-19 on the global Smart Airport Market
The COVID-19 virus impacted almost every country by halting business and trade activities. Most of the countries went through the terror of COVID-19 waves. WHO (World Health Organization) labeled the epidemic as a public health emergency? COVID-19 infection is still affecting the market and is predicted to continue so until the end of 2021.
Due to the sudden lockdown announcements, the suspension of trade and travel, the lack of raw materials, and the lack of workforce, businesses had to put a halt to activities. This analysis by Astute Analytica also focuses on the effect of COVID-19 on the global Smart Airport Market. It contains a summarized description of the overall impact and expected recovery options.
Regional Outlook: The Global Smart Airport Market
The global Smart Airport Market assesses the growth of the global Smart Airport Market by focusing on the participatory regions. It also throws light on the dominating region and other key regions expected to influence the market growth during the analysis period. The regions analyzed in the report include North America, Europe, Asia Pacific, Middle East & Africa, and South America.
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Segmentation of the Global Smart Airport Market Report
The global Smart Airport Market is segmented based on By Infrastructure, By Solutions, By Application, By Services, By Airport Model, By Airport Size, and By Airport Operation.
- Endpoint Devices
- IP Phone
- Video Conferencing (Audio/ Video)
- Communication Systems
- Wireless Airports
- Smart Phones
- Near Field Communication
- Social Media
- Passenger, Cargo and Baggage Ground Handling Control
- IoT Enabled Beacons
- Robots for Passenger and Baggage Movement
- Common-use Self-service (CUSS) Kiosks
- RFID Baggage Reconciliation System
- Air/Ground Traffic Control
- Smart Systems & Scalable Air Traffic Management Solutions (ATM)
- Automated Passport Controls
- Security Systems
- Alerts & Cyber Security
- E-Fence & Ground Surveillance Radar
- E-Tag System
- Others (Navigational, Landing Aids, Digital Signage, Airport Management Software)
- Terminal Side
- Lighting Control
- Digital Video Surveillance and
- Management (DVM)
- Fire and Life Safety Solutions
- Energy Management
- Life Cycle Services
- Building Management and
- Automation Systems
- Air Side
- Advanced Visual Docking Guidance
- System (A-VDGS)
- Airfield Ground Lighting (AGL)
- Surface Movement Guidance
- Runway Improvement and Apron
- Digital and Radar Video Surveillance
- Access Roads
- Perimeter Security
- Car Rental
- Mass Transit
- Airport City
- Core Applications
- Content Management
- Business Intelligence
- Next-Generation Web
- Business Applications
- Noise Abatement
- Fee Management
- Performance Management
- Gate Management
- Smart Transport & Parking Services
- Real-time Travel Services
- Intelligent Transport Services
- Trip Concierge
- Smart Retail, Hospitality & Entertainment Services
- Passenger-Specific Retail and Hospitality
- Intelligent Advertising
- Lean Retail Solutions
- Telepresence Rooms
- Smart Workplace Services
- Equipment Telematics Solutions
- Mobile Worker and Expert Locator
- Smart Airport Processes
- Location-Based Services
- RFID Baggage Tagging
- No-queue Check-in Solutions
- Smart Business to Business Services
- Traffic and Facilities Management
- Smart Supply-Chain and MRO Services
By Airport Model
- Airport 2.0
- Airport 3.0
- Airport 4.0
By Airport Size
By Airport Operation
- Commercial Service Airports
- Cargo Service Airports
- General Aviation Airports
Key Players: The Global Smart Airport Market
The report discusses the popular strategies and prominent companies that are expected to contribute to the global Smart Airport Market growth.
The major players in the global Smart Airport Market are:
Adelte, Ascent Technology Inc., Amadeus IT Group SA, Ansul, Cisco System, Collins Aerospace, Deerns Airport System Consultants, Daifuku Co., Ltd., Sensec Solution AS (Initially DSG Systems), FB Technology, Honeywell International, Inc, Huawei Technologies Co., Ltd., IBM Corporation, Indra, SITA, Lufthansa Systems GmbH & Co. KG., QinetiQ, RESA, S.A.S., Sabre Corporation, Selex ES, Siemens AG, T-Systems, Thales Group, Vanderlande Industries, Vision-Box, Wipro Limited, Zensors, and Other.
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SOURCE Astute Analytica