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The Airport Information Systems
Airport Information Systems market includes top key players : Advantech Co., Ltd., Amadeus IT Group, Harris Corporation, Honeywell International Inc.
Growing air traffic, digitalization, and passenger experience boost airport information systems demand.
” - Exactitude Consultancy
LUTON, BEDFORDSHIRE, UNITED ARAB EMIRATES, October 18, 2024 /EINPresswire / -- The Airport Information Systems market report presents an overview of the market on the basis of key parameters such as market size, revenue, sales analysis and key drivers. The market size of global Airport Information Systems market is anticipated to grow at large scale over the forecast period (2024-2030). The main purpose of the study report is to give users an extensive viewpoint of the market. The report exhibits both Airport Information Systems market quantitative as well as qualitative data with tables and figures displayed in the form of bar graphs, and pie charts. Key drivers as well as challenges of the market are discussed in the report. Also reports provides an in depth analysis of the Airport Information Systems market with current and future trends.
Airport Information Systems (AIS) include various equipment from passenger information display systems (PIDS) and baggage handling and management systems to aircraft. These systems provide information and announcements to staff and passengers, advertising, flight departure times, and weather updates. An AIS is produced from a combination of different subsystems. These systems consist of a flight information system, an airport security system, a system for terminal services, emergency departments, and passenger information systems.
The global airport information systems market size is projected to grow from USD 4.37 billion in 2023 to USD 5.6 billion by 2030, exhibiting a CAGR of 3.6% during the forecast period.
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Note – This Airport Information Systems report sample includes:
Scope for 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by The Market Insights
Airport Information Systems Market Trends:
Rapid advancements in technology
The integration of cutting-edge technologies like artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT) in airport operations is one of the major factors boosting the market growth. In line with this, the increasing utilization of data analytics and AI-powered systems to predict flight delays, manage airport traffic more efficiently, and offer personalized services to passengers is positively impacting the market growth. Additionally, the widespread adoption of IoT devices, such as sensors and smart tags, that help in tracking luggage, monitoring airport facilities, and improving overall operational efficiency is enhancing the market growth. In addition to this, the growing awareness about environmental sustainability, leading to the production of systems that are designed to reduce carbon footprints, is fostering the market growth.
Increasing prevalence of air traffic
The surge in air traffic across the globe, boosting the need for efficient information systems, is a major factor contributing to the market growth. In line with this, the rising expansion of the tourism sector and international trade, necessitating the need for robust information systems to manage the increased volume of data and ensure smooth airport operations, is creating a positive outlook for the market growth. Airport information systems are crucial for managing flight schedules, passenger information, baggage handling, and other critical operations. Besides this, the heightened demand for efficient cargo handling and tracking to ensure timely and secure transportation of goods is also fostering the market growth. Airport information systems are equipped with radio frequency identification (RFID) technology and advanced tracking systems, which play a crucial role in managing the logistics of air cargo.
List of the Top key players Influencing this Market includes:
The research study includes the current trends that are being adopted by significant market players in the Airport Information Systems markets, including the use of cutting-edge technology, government funding of R&D, and an increasing focus on sustainability.
Advantech Co., Ltd., Amadeus IT Group, Collins Aerospace, Harris Corporation, Honeywell International Inc., Huawei Technologies Co., Ltd., IBM Corporation, Indra Sistemas, Leidos Holdings, Inc., Lufthansa Systems, NEC Corporation, Northrop Grumman Corporation, Raytheon Company, RESA, Rockwell Collins, SAAB AB, Siemens AG, SITA, Thales Group, Unisys Corporation
Airport Information Systems Market News
November 2023: The Innovative Contractors for Advanced Dimensions announced selecting Collins Aerospace, a part of RTX Corporation, for the delivery, deployment, and support services for airport operational and passenger processing systems for the NEOM Bay Airport in NEOM City, Saudi Arabia.
Segmentation Analysis of the market:
The market is segmented based on the type, product and application. The segmentation helps to deliver a precise explanation of the market.
Airport Information Systems Market by System
Airport Operation Control Centre
Departure Control System
Airport Information Systems Market by Airport
Class A
Class B
Class C
Class D
Airport Information Systems Market Regional Analysis:
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Airport Information Systems in these regions, covering
North America (USA, Canada and Mexico)
Europe (UK, Germany, France and the Rest of Europe)
Asia Pacific (China, Japan, India, and the Rest of the Asia Pacific region)
South America (Brazil, Argentina and the Rest of South America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)
North America stood at USD 1.04 billion in 2023. The region's dominance is due to the presence of the highest aircraft fleet and a large number of airlines across the United States. A large number of airports and high spending from airlines for the modernization of airports drive the growth of the market across North America. Additionally, key system integrators such as IBM, Collins Aerospace, and others boost the market growth.
Asia Pacific will witness remarkable growth in the AIS market during 2024-2032. The growth is attributed to the growing urbanization and disposable income, and increasing air traffic that leads to the rapid expansion of the aviation sector across China and India. In 2020, the Indian Finance Ministry announced that 100 new airports would be developed by 2024. In the union budget of the year 2020-2021, the Indian government allocated USD 23.7 billion to support the country's transport infrastructure.
Europe is projected to show significant growth owing to the increasing spending on the aviation sector from the U.K., Germany, France, Russia, and others. Furthermore, key market players such as Indra Sistemas S.A., Siemens, Thales Group, and others drive the market growth.
The full Report of Airport Information Systems Market is Available@:
Table of Contents:
Introduction of the Global Airport Information Systems Market
- Overview of the Market
- Scope of Report
- Assumptions
Executive Summary
Research Methodology of Market Research Intellect
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
Global Airport Information Systems Market Outlook
- Overview
- Market dynamics
- Drivers
- Restraints
- Opportunities
- Porters five force model
- Value chain analysis
Global Airport Information Systems Market, By Product
Global Airport Information Systems Market, By Application
Global Airport Information Systems Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Global Airport Information Systems Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
Company Profiles
Appendix
Reasons to Purchase Airport Information Systems Market Report:
Current and future of Airport Information Systems market outlook in the developed and emerging markets.
Analysis of various perspectives of the market with the help of Porter's five forces analysis.
The segment that is expected to dominate the Airport Information Systems
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, Airport Information Systems market shares, and strategies employed by the major market players.
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