Smart Airports are airports that rely on the use of connected technologies such as Internet of Things (IoT) devices, GPS, and sensors to perform planning and operations tasks digitally and support operational staff, optimizing passenger flows and the activities of the airport staff across the airport. The global Smart Airport market is expected to rise at a considerable rate in the forthcoming years with new innovative technologies that have helped personalize customer experiences. Rising IT spending on airports is estimated to boost the market’s development as these solutions ease the burden on airport infrastructure and workforce.
Moreover, developing countries are showing dramatic traffic growth, diversity, and choice of airlines. This fact further positively impacting on the market’s expansion. Additionally, the increasing penetration of smartphones and tablets is another crucial factor to change the outlook of global smart airports. Furthermore, various digital technologies used at airports these days, self-service kiosks, baggage tracking, and flight information using social media channels, such factors also taking part in rising the growth of the Smart Airport market. Rising demand for self-service and automated processes are leading factors driving the smart airports market worldwide.
Covid-19 Impact on Smart Airport Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Smart Airport Market Segment Overview
Based on solutions, the Airside segment is anticipated to be the largest contributor to the smart airports market during the forecast period. This segment includes air traffic management and aircraft turnaround management, among others. In recent years, the adoption of smart applications for airside operations has increased. In addition to this, by effectively utilizing IoT, AI, and big data, airports have the potential to greatly reduce the wait time for passengers and address some of the most frequently faced problems, such as lost bags, flight delays, and customer service issues. According to services, the Smart Business-to-Business Services is a rapidly expanding segment of the global smart airport services market in terms of revenue. This is owing to the increasing demand for continuously updating passengers with real-time travel services such as route switching and valet parking.
Smart Airport Market, By Infrastructure
· Endpoint devices
· communications systems
· Passenger
· Cargo & Baggage Ground Handling Control
· Air/Ground Traffic Control
· Security Systems
· Others
Smart Airport Market, By Solutions
· Terminal Side
· Airside
· Landside
Smart Airport Market, By Application
· Core Applications
· Business Applications
Smart Airport Market, By Services
· Smart Transport & Parking Services
· Smart Retail
· Hospitality
· Entertainment Services
· Smart Workplace Service
· Smart Airport Processes
· Smart Business-to-Business Services
Smart Airport Market Regional Overview
Region-wise, North America commanded a major share of the Smart Airport market and is predictable to maintain its supremacy over the forecast period. This can be mainly attributed to the improvements in existing solutions and services and the presence of a large number of airport solutions and service providers. Similarly, Asia Pacific is projected to expand with an impressive CAGR over the forecast period. Major factors such as government initiatives for the expansion of airports and implementing advanced solutions at airports aimed at higher capacity utilization are boosting the market’s growth in this region.
Smart Airport Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Smart Airport Market Competitor overview
Some key developments and strategies adopted by manufacturers in Smart Airport are highlighted below.
· In July 2021, IBM and Bangalore International Airport Limited (BIAL), which operates Kempegowda International Airport, Bengaluru (KIAB/BLR Airport), announced a 10-year partnership under which IBM and Kyndryl will provide IT solutions to create a new “Airport in a Box” platform that will support transforming the end-to-end travel experience for passengers at BLR Airport.
Smart Airport Market, Key Players
· Amadeus IT Group SA
· IBM Corporation
· Vision-Box
· Siemens AG
· Honeywell International, Inc.
· CISCO System, Inc.
· Thales Group
· ITA
· RESA
· S.A.S.
· Lufthansa Systems GmbH & Co. KG.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Smart Airport Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Infrastructure
- 5.2.1. Endpoint devices
- 5.2.2. communications systems
- 5.2.3. Passenger
- 5.2.4. Cargo & Baggage Ground Handling Control
- 5.2.5. Air/Ground Traffic Control
- 5.2.6. Security Systems
- 5.2.7. Others
- 5.3. Market Analysis, Insights and Forecast – By Solutions
- 5.3.1. Terminal Side
- 5.3.2. Airside
- 5.3.3. Landside
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Core Applications
- 5.4.2. Business Applications
- 5.5. Market Analysis, Insights and Forecast – By Services
- 5.5.1. Smart Transport & Parking Services
- 5.5.2. Smart Retail
- 5.5.3. Hospitality
- 5.5.4. Entertainment Services
- 5.5.5. Smart Workplace Service
- 5.5.6. Smart Airport Processes
- 5.5.7. Smart Business-to-Business Services
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Smart Airport Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Infrastructure
- 6.2.1. Endpoint devices
- 6.2.2. communications systems
- 6.2.3. Passenger
- 6.2.4. Cargo & Baggage Ground Handling Control
- 6.2.5. Air/Ground Traffic Control
- 6.2.6. Security Systems
- 6.2.7. Others
- 6.3. Market Analysis, Insights and Forecast – By Solutions
- 6.3.1. Terminal Side
- 6.3.2. Airside
- 6.3.3. Landside
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Core Applications
- 6.4.2. Business Applications
- 6.5. Market Analysis, Insights and Forecast – By Services
- 6.5.1. Smart Transport & Parking Services
- 6.5.2. Smart Retail
- 6.5.3. Hospitality
- 6.5.4. Entertainment Services
- 6.5.5. Smart Workplace Service
- 6.5.6. Smart Airport Processes
- 6.5.7. Smart Business-to-Business Services
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Smart Airport Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Infrastructure
- 7.2.1. Endpoint devices
- 7.2.2. communications systems
- 7.2.3. Passenger
- 7.2.4. Cargo & Baggage Ground Handling Control
- 7.2.5. Air/Ground Traffic Control
- 7.2.6. Security Systems
- 7.2.7. Others
- 7.3. Market Analysis, Insights and Forecast – By Solutions
- 7.3.1. Terminal Side
- 7.3.2. Airside
- 7.3.3. Landside
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Core Applications
- 7.4.2. Business Applications
- 7.5. Market Analysis, Insights and Forecast – By Services
- 7.5.1. Smart Transport & Parking Services
- 7.5.2. Smart Retail
- 7.5.3. Hospitality
- 7.5.4. Entertainment Services
- 7.5.5. Smart Workplace Service
- 7.5.6. Smart Airport Processes
- 7.5.7. Smart Business-to-Business Services
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Smart Airport Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Infrastructure
- 8.2.1. Endpoint devices
- 8.2.2. communications systems
- 8.2.3. Passenger
- 8.2.4. Cargo & Baggage Ground Handling Control
- 8.2.5. Air/Ground Traffic Control
- 8.2.6. Security Systems
- 8.2.7. Others
- 8.3. Market Analysis, Insights and Forecast – By Solutions
- 8.3.1. Terminal Side
- 8.3.2. Airside
- 8.3.3. Landside
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Core Applications
- 8.4.2. Business Applications
- 8.5. Market Analysis, Insights and Forecast – By Services
- 8.5.1. Smart Transport & Parking Services
- 8.5.2. Smart Retail
- 8.5.3. Hospitality
- 8.5.4. Entertainment Services
- 8.5.5. Smart Workplace Service
- 8.5.6. Smart Airport Processes
- 8.5.7. Smart Business-to-Business Services
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Smart Airport Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Infrastructure
- 9.2.1. Endpoint devices
- 9.2.2. communications systems
- 9.2.3. Passenger
- 9.2.4. Cargo & Baggage Ground Handling Control
- 9.2.5. Air/Ground Traffic Control
- 9.2.6. Security Systems
- 9.2.7. Others
- 9.3. Market Analysis, Insights and Forecast – By Solutions
- 9.3.1. Terminal Side
- 9.3.2. Airside
- 9.3.3. Landside
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Core Applications
- 9.4.2. Business Applications
- 9.5. Market Analysis, Insights and Forecast – By Services
- 9.5.1. Smart Transport & Parking Services
- 9.5.2. Smart Retail
- 9.5.3. Hospitality
- 9.5.4. Entertainment Services
- 9.5.5. Smart Workplace Service
- 9.5.6. Smart Airport Processes
- 9.5.7. Smart Business-to-Business Services
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Amadeus IT Group SA
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. IBM Corporation
- 10.6. Vision-Box
- 10.7. Siemens AG
- 10.8. Honeywell International, Inc.
- 10.9. CISCO System, Inc.
- 10.10. Thales Group
- 10.11. ITA
- 10.12. RESA
- 10.13. S.A.S.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
