A10829 | Pages: NA | Jul 2022 | 1401 Views | ||
Author(s) : sonia mutreja | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Advanced Airport Technologies Market
Request Now !Airports are rapidly increasing their investments in advancing technologies to provide better services and enhance customer experience, owing to rising air traffic. In addition, rise in competition has insisted airport authorities to modernize the environment by incorporating technology in various airport systems such as airport communications, security systems, airport management systems, digital signage system, passenger & baggage handling, fire systems, and car parking systems. This integration of technology upgrades airport services, boosts customer faith, and generates more interest. This fuels the demand for the global advanced airport technologies market.
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast unit |  Value (USD) |
 Segments covered |  Type |
 Regions covered | North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa) |
 Companies covered | Hitachi Ltd., Thales Group, Smiths Detection Group Ltd., Analogic Corporation, L3Harris Technologies Inc., NEC Corp, Honeywell International Inc., Cisco Systems Inc., Leidos Holdings Inc., and Johnson Controls International PLC |
Â
COVID-19 scenario analysis:
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
Change in lifestyle and globalization has led to a significant surge in air traffic over the past decade. This has resulted in an increasing number of passengers opting for air travel. The assurance of safety and provision of hassle-free services at the airport also encourage individuals to opt for air travel. Moreover, the tech-friendly population seems to get diverted toward technologically advanced systems. Therefore, the demand for advanced airport technologies is expected to increase further. In addition, increase in spending on technologies by airport authorities and the provision of better services & enhanced customer experience are anticipated to push the demand in the global market.
The global advanced airport technologies market trends are as follows:
Increase in air traffic to boost the application of advanced airport technologies
Airports are expecting a surge in airport security norms. In addition, implementation of initiatives to provide hassle-free experience to passengers boosts the growth of the advanced airport technologies market. Moreover, the number of passengers has flooded along with problems such as managing the air traffic. This causes hindrances such as service disruptions, baggage issues, long check-in lines, and others. Therefore, to reduce the impact of such hindrances and provide a smooth journey, advanced airport technology plays a vital role. Facilities, such as face recognition systems and self-check-in kiosks, ease the passenger comfort at their convenience, which, in turn, is anticipated to boost the growth of the global advanced airport technologies market.
Enhanced performance and surge in expenditure to foster the market growth
The privatization of airports has promoted competition among the competitors, which is expected to push the demand for advanced airport technologies. In addition, the integration of such technologies allows world-class facilities and a competitive edge, ultimately providing better customer experience, and is predicted to be the key to attain customer preference. From body imaging systems at checkpoints to advancements bomb in detection systems, airport authorities have been dynamically adopting technology in advancing their existing services. Moreover, to enhance the overall experience of passengers, technological advancements, such as advanced radar systems, service-kiosks, display technologies, control software, check-in systems for passengers, and others, have been highly used in daily airport operations. Furthermore, the rise in spending by airport authorities fuels the demand for advanced airport technologies.
Key segments covered:
Segments | Sub-segments |
 Type |
|
Â
Key benefits of the report:
Questions answered in the advanced airport technologies market research report:
Key Market Segments
Segments | Sub-segments |
---|---|
By Type |
|
By Region |
|
Key Market Players
Loading Table Of Content...
Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers