Global Airport Operations Technology Market by Type (Airport Communications Technology, Airport Management Software, Car Parking Systems, Passenger, Baggage, and Cargo Handling Control Technology, Airport Digital Signage Technology, Landing Aids, Guidance, and Lighting), By Application (Military Airport, Civil Airport) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global airport operations technology market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing air traffic and the need for modernization of airports. Airport communications technology is expected to grow at a CAGR of 7.1% from 2018 to 2030, owing to the increasing demand for passenger and baggage handling systems across airports. Airport management software is also projected to witness high growth during the forecast period, as it helps manage various airport functions such as security, check-in, and boarding processes effectively. Landing aids, guidance, and lighting are among the fastest growing segments in the global airport operations technology market due their ability improve safety during landings and takeoffs.



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Product Definition:

Airport Operations Technology is used to manage and operate an airport. It includes systems for tracking planes, passengers, and cargo, as well as for managing traffic flow on the ground and in the air. Airport Operations Technology is important because it helps ensure safe and efficient operations at airports.

Airport Communications Technology:

Airport Communications Technology (ACT) is the set of communication protocols and equipment that enables two-way voice, data, video & image communications between aircraft and airport operations center. The technology provides various benefits such as reduced air traffic congestion, enhanced safety by enabling controllers to manage more flights per day; increased efficiency in handling flight delays or cancellations; improved passenger experience by providing real-time information during travel.

Airport Management Software:

Airport management software is a tool that helps airport operators to effectively and efficiently run their business. It provides various benefits such as reduced costs, increased efficiency, enhanced customer experience, and better utilization of resources among others. The growing need for optimization in the operations coupled with the increasing adoption of cloud-based solutions is expected to drive demand over the forecast period.

The global airport management software market size was valued at USD 1.89 billion in 2015.

Application Insights:

The military airport segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. The growing need for air traffic control systems at airports, coupled with a rise in military aircraft operations, has resulted in increased demand for AAT. Furthermore, increasing defense expenditure by countries such as U.S., Canada, China and India is likely to propel industry growth over the coming years.

Civil airport application segment accounted for more than 50% of total revenue share in 2017 owing to an increase in passenger traffic at commercial airports worldwide. In addition, an increase in air passenger travel due to low fares offered by airlines such as Southwest Airlines Co., Ltd., Volaris Mexico SAB (TAM), Norwegian Air Shuttle ASA (Norwegian), EasyJet Technologies S.A., Hainan Airlines Limited (HNA), etc. will drive industry expansion further during the forecast period (2017 - 2030).

Regional Analysis:

North America dominated the market in 2017 and is expected to maintain its position over the forecast period. The growth of this region can be attributed to increasing investments in airport modernization projects, growing air traffic, and rising passenger demand. Moreover, technological advancements such as implementation of Artificial Intelligence (AI) solutions for enhanced passenger experience are also expected to drive regional growth over the forecast period.

The Asia Pacific is anticipated to witness significant growth owing to rapid development taking place at airports across countries such as China and India. In addition, increasing number of low-cost carriers flying from emerging economies including China has led passengers opting for these airlines preferring digital travel experience with an aim towards enhancing customer satisfaction leading into higher adoption rates of airport operations technology across airports worldwide.

Growth Factors:

Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.4% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in the need for more efficient and advanced airport operations technologies.
Proliferation of new aircraft types: Airlines are increasingly adopting new aircraft types, such as the Airbus A350 and Boeing 787 Dreamliner, which require more sophisticated airport operations technologies for maintenance and support.
Expansion of airports: Many airports are expanding their facilities in order to accommodate increasing demand for air travel. This requires installation of new or upgraded airport operations technologies systems.
Implementation of Single European Sky initiative: The Single European Sky initiative aims to improve the efficiency of Europe’s airspace by introducing measures such as performance-based navigation (PBN) and NextGen ATM systems . These initiatives will require deployment of advanced airport operations technologies across Europe’s airports network .  5


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Scope Of The Report
Report Attributes
Report Details
Report Title
Airport Operations Technology Market Research Report
By Type
Airport Communications Technology, Airport Management Software, Car Parking Systems, Passenger, Baggage, and Cargo Handling Control Technology, Airport Digital Signage Technology, Landing Aids, Guidance, and Lighting
By Application
Military Airport, Civil Airport
By Companies
Honeywell, NEC Corp., Cisco Systems, L-3 Technolog, Hitachi, Johnson Controls International, Smiths Detection, Leidos, Analogic Corporation, Matrix Systems, Thales Group, Rapiscan System, Zamar Aero Solutions, LPT Airport Software, TAV Technology, Esp Global Services, Intersystems, Edge-Airport, Ikusi, SITA, ISO Gruppe, Damarel, ICTS Europe System
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.

Global Airport Operations Technology Market Report Segments:
The global Airport Operations Technology market is segmented on the basis of:
Types
Airport Communications Technology, Airport Management Software, Car Parking Systems, Passenger, Baggage, and Cargo Handling Control Technology, Airport Digital Signage Technology, Landing Aids, Guidance, and Lighting
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military Airport, Civil Airport
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Honeywell
NEC Corp.
Cisco Systems
L-3 Technolog
Hitachi
Johnson Controls International
Smiths Detection
Leidos
Analogic Corporation
Matrix Systems
Thales Group
Rapiscan System
Zamar Aero Solutions
LPT Airport Software
TAV Technology
Esp Global Services
Intersystems
Edge-Airport
Ikusi
SITA
ISO Gruppe
Damarel
ICTS Europe System



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Highlights of The Airport Operations Technology Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Airport Communications Technology
Airport Management Software
Car Parking Systems
Passenger, Baggage, and Cargo Handling Control Technology
Airport Digital Signage Technology
Landing Aids, Guidance, and Lighting
By Application:
Military Airport
Civil Airport
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Airport Operations Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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