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Smart Airport 2.0 Market by End Market (Implementation and Upgrade & Services), Application (Airside, Air Traffic Maintenance, Aircraft Maintenance, Passenger Screening, Digital Video Surveillance & Management, Passenger Experience, Building Management, Intelligent Advertising and Other), System (Wearables, LPWAN & WLAN, Sensors, Tags, Platforms, NFC, RFID & Bluetooth, Wireless and Others), Size (Large, Medium and Small) and Operation (Aeronautical and Non-Aeronautical): Global Opportunity Analysis and Industry Forecast, 2020–2027
| A09190 | Pages: NA | Dec 2020 | 173 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Smart Airport 2.0 Market
Request Now !Smart Airport 2.0 Market Outlook – 2027Â
The global smart airport 2.0 market is experiencing a significant growth due to increasing air traffic passengers globally. Smart airport 2.0 adopts partial self-service, limited to check-in process and wi-fi deployment at airports. The global smart airport market is tapping into monetary benefits through new revenue streams. Smart airport brings together a variety of technologies through the Internet of Things (IoT), with the goal of strategically differentiating an airport, including improved traveler experience. Smart airports integrate airport operational systems such as collaborative decision making (CDM), resource management system (RMS), airport operational database (AODB), and baggage reconciliation system (BRS) among others to harness airport eco-system data that impact operational efficiency.
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value (USD) |
 Segments covered | End Market, Application, System, Airport Size, Operation, and Region |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa |
 Companies covered | Collins Aerospace, IBM Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc., Sabre Corp., Amadeus IT Group SA, SITA, Honeywell International Inc., Siemens AG, Thales Group, and Indra Sistemas S.A. |
COVID-19 scenario analysis:Â
The COVID-19 crisis has created a demand for facial recognition solutions that will have no need for physical authentication systems such as biometrics.
Amid the COVID-19 crisis, various airports across countries have ordered thermal scanners and infrared scanners for passenger screening that can detect fevers from a distance.
The spread of COVID-19 is posing serious challenges for airlines, airports, and their ecosystems. However, the pandemic could help catalyze investments in new technologies and radically reshape the industry.
Demand for smart passenger screening solutions is expected to surge post the COVID-19 pandemic in the long term, as airports will strive to maintain vigilance levels.
The travel restrictions imposed by the governments owing to the COVID-19 control measures has decreased air passenger traffic, limiting the overall growth of the market.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Surge in usage of smart applications at airside operations, increase in demand for biometric solutions, and rise in adoption of airport modernization programs are the factors that drive the global smart airport 2.0 market. However, limited integration capability of various IoT devices hinders the market growth. On the contrary, increase in air passenger traffic, utilization of AI, and trend of wearable devices present new pathways in the industry.
The global smart airport 2.0 market trends are as follows:
Demand for biometric solutions at airportsÂ
Technologies such as facial & voice recognition have been introduced for passenger identity, check-ins, and availing boarding passes. Further, demand for smart passenger screening solutions is expected to surge post the COVID-19 pandemic in the long term, as airports will strive to maintain vigilance levels. Recently, in 2019, Vodafone (a multinational telecommunication company with headquarters located in London, UK), installed its 5G network at Gatwick Airport (an airport in London), that will enable fast high speed and high capacity connection with download speeds up to 400MB per second and ultra-low latency that can be up to 100 times faster than 4G. Further, such installation will provide real-time, secure, and predictive views of airport operations. Such demand for biometric solutions at airports is expected to boost the growth of the smart airport 2.0 market.
Key segments covered:
Segments | Sub-segments |
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Key benefits of the report:
- This study presents the analytical depiction of the global smart airport 2.0 industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global smart airport 2.0 market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global smart airport 2.0 market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed global smart airport 2.0 market analysis based on competitive intensity and how the competition will take shape in coming years.Â
Questions answered in the smart airport 2.0 market research report:
- Which are the leading market players active in the smart airport 2.0 market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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