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Airport Information Systems Market Growth Leading Key Players with Forthcoming Developments, Innovations 2030

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Jaaza Lee
Airport Information Systems Market Growth Leading Key Players with Forthcoming Developments, Innovations 2030

Airport Information Systems Market Growth

Airport Information Systems Market Size Valued at USD 4.89 Billion, market Grow at a CAGR Of 4.11% by 2020-2030.

 The growing importance of harnessing real-time information is driving the popularity of flight information display systems (FIDS). Increased investment in the aviation sector in fast-developing countries such as China, India, Mexico among others is creating new growth avenues for market players. Rapid infrastructure development coupled with the exponential growth in passenger volume in these countries is reflecting favorably on the global airport information systems market. In advanced economies, the focus has shifted towards promoting innovation in the aviation sector, which is also propelling the market growth.

Modernization of airports to accommodate the evolving operational requirements is necessitating the adoption of cutting-edge Airport Information Systems Market. However, these systems remain susceptible to cyber threats, which continues to undermine their market potential.

Global Airport Information Systems Market: Competitive Landscape

Companies profiled in the report include SITA, Thales Group, Amadeus IT Group SA, Siemens AS, Collins Aerospace, Gentrack, Inform GmbH, Resa Airport Data Systems, Ikusi, and IBM.

Global Airport Information Systems Market: Segmental Analysis

The segmental analysis of the market is conducted on the basis of systems, type, and platform and region.

By systems, the market has been segmented into airport operation control centre (AOCC) and departure control system (DCS). The AOCC segment is further sub-segment into cargo handling, resource management, flight dispatch and others. The DCS segment is further sub-segmented into flight information display system, passenger check-in & boarding, and weather monitoring system. In 2017, the AOCC segment was valued at USD 2,467.1 M and is expected to witness an impressive growth in 2019 and beyond. Increased efforts to modernize Airport Market is supporting the adoption of AOCC. By type, the market has been segmented into passenger system and non-passenger system. In terms of revenue, close to two-third share of the market was represented by the passenger system segment in 2017. In addition, the segment is poised to grow at 7.63% CAGR during the forecast period. This is primarily owing to the growing application of passenger system in airport check-in process. Integration of these systems allow a faster check-in process and a smoother boarding process. By platform, the market has been segmented into non-aeronautical systems and aeronautical systems. The aeronautical systems segment commanded the largest market share in 2017 and is projected to exhibit 7.75% CAGR between 2018 and 2023. The segment is likely to retain its top position over 2023. Rapid adoption of information systems in airports is driving the growth of the segment.

Global Airport Information Systems Market: Regional Outlook

On the basis of region, the market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America and the Middle East & Africa (MEA). North America holds significant market potential for airport information systems. North America currently holds a considerable share of the global airport information systems market. 2018 was a high-growth year for the U.S aviation sector, with a healthy uptick in passenger volume. Making airports more efficient and safer remains a key area of focus for the U.S. aviation sector. Such factors are expected to support the growth of the market in North America during the forecast period. In addition, increased investment in airport modernization in countries such as Mexico and Canada creating market opportunities in North America. Asia Pacific is expected to be the second largest market for airport information systems. In 2017, the market in APAC was valued at USD 1,066.8 Mn and expected to witness the highest CAGR during the forecast period.

1 Executive Summary

2 Market Introduction

2.1 Definition 17

2.2 Scope Of The Study 17

2.3 Market Structure 17

2.4 Key Takeaways 18

2.5 Key Buying Criteria 18

3 Research Methodology

3.1 Research Process 20

3.2 Primary Research 21

3.3 Secondary Research 22

3.4 Market Size Estimation 22

3.5 Forecast Model 23

3.6 List Of Assumptions 24

4 Market Dynamics

4.1 Introduction 26

4.2 Drivers 27

4.2.1 Increasing Use Of Flight Information Display Systems (FIDS) For Real-Time Information 27

4.2.2 Rising Investments In Agile And Smart Airport Concepts 28

4.2.3 Drivers Impact Analysis 28

4.3 Restraint 29

4.3.1 Vulnerability To Cybersecurity Threats 29

4.3.2 Restraints Impact Analysis 29

4.4 Opportunities 30

4.4.1 Energy And Process Optimization 30

4.4.2 Increase In Demand For Advanced Kiosks At Airports 30

4.5 Technological Trends 31

4.5.1 Cloud Computing 31

4.5.2 Augmented Reality/Virtual Reality 31

4.5.3 Artificial Intelligence 31

4.6 Patent Analysis 32

4.7 Regulatory Landscape 34

4.8 Market Lifecycle 34

5 Market Factor Analysis

5.1 Supply Chain 36

5.2 Porter’s Five Forces Model 37

5.2.1 Threat Of New Entrants 37

5.2.2 Bargaining Power Of Suppliers 37

5.2.3 Bargaining Power Of Buyers 37

5.2.4 Threat Of Substitutes 38

5.2.5 Rivalry 38

 

Global Airport Information Systems Market: By Systems [Airport Operation Control Centre (Resource Management, Cargo Handling, Flight Dispatch and Others) and Departure Control System (Passenger Check-in & Boarding, Flight Information Display System, Weather Monitoring System)], By Type (Passenger System and Non-Passenger System), By Platform (Aeronautical Systems and Non-Aeronautical Systems) and Region - Forecast Till 2030 @https://www.marketresearchfuture.com/reports/airport-information-systems-market-7677

 

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