Smart Airport Market Size is projected to reach USD 8.86 Billion by 2031, growing at a CAGR of 14.5%: Straits Research

New York, United States, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Increasing air traffic has given rise to a number of difficulties, including capacity issues and security concerns. Airport operators are implementing a variety of digital solutions to overcome these limitations. Smart airports utilize network and data-driven capabilities to give passengers enhanced security and travel experience. The implementation of numerous smart components for various services, such as baggage & document inspections, automatic check-in, and security checks, is underway by airport operators. The implementation of smart airport technologies presents the global aviation industry with enormous prospects. Various industries, including airport security, customer service, and resource management, have the potential to benefit significantly from technologies such as machine learning and natural language processing.

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The Advent of Advanced Technologies Drives the Market

The introduction of new technologies with novel characteristics, such as passenger identification based on a unique heartbeat rhythm, stimulates the expansion of the market. The devices utilize biometric and biodynamic signatures as well as artificial intelligence to manage enormous airport database systems. The introduction of artificial intelligence into inquiry systems provides passengers with automated responses and reduces the requirement for manual effort. The application of artificial intelligence to the predictive maintenance of airplanes and real-time pricing increases the efficiency of airlines. The technology facilitates numerous additional airport operations, such as route planning for airlines and ground-staff assignments.

Report Scope

Report Metric	Details
Market Size by 2031	USD 8.86 billion
Market Size in 2022	USD 2.62 billion
CAGR	14.5% (2022-2030)
Historical Data	2020-2021
Base Year	2022
Forecast Period	2023-2031
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Technology, By Application, By Location
Geographies Covered	North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors	Amadeus IT Group SA (Spain), Cisco Systems, Inc. (The US), Collins Aerospace (The US), Honeywell International Inc. (The US), Huawei Technologies Co., Ltd. (China), IBM Corporation (The US), Indra Sistemas, SA (Spain), Sabre Corp. (The US), Siemens AG (Germany), SITA (Switzerland), and Thales Group (France).
Key Market Drivers	Adoption Internet of Things in Airports

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Regional Analysis

North America holds the largest share of the smart airport market owing to the technological advancements in the region, coupled with the early adoption of such technologies. Airports in the United States have implemented RFID/NFC-based baggage tracking, automated immigration systems, smart security gates, and mobile applications that provide notification services. For example, Miami International Airport (MIA) has developed a smartphone application to provide passengers with individualized services. The program gives updates regarding, among other things, flight times, gate numbers, tailored information regarding shops and cafeterias, and baggage carousel numbers. MIA is regarded as a leader in implementing mobile technologies, including widely dispersed Bluetooth beacons that collect data to increase passenger satisfaction and airport operations efficiency.

Europe holds the second-largest market share due to the enormous expenditures to replace conventional systems with technologically advanced systems and the growing need for intelligent and environmentally friendly airports in the coming years. The Agency for Cyber-Security of the European Union actively engages in the design, development, and deployment of cyber-security-based systems at these airports. The United Kingdom holds the greatest share of the smart airport market in Europe, and this dominance is expected to persist during the forecast period. Due to the importance of aviation to the nation's gross domestic product, there is an emphasis on the optimal utilization of current capacity and strategic investment in modernizing airport services.

Asia-Pacific is estimated to have the highest growth rate over the forecast period. Rapidly increasing air passenger traffic in the region over the past several years has forced airports to adopt modernization projects in order to boost their passenger handling capacity and operational efficiencies. It is anticipated that these airport enhancements will encourage the development of the smart airport market in the region. In addition, the development of new airports in the Asia-Pacific region, particularly in China and India, is predicted to drive market expansion throughout the forecast period.

The smart airport market is predicted to experience accelerated expansion in the Middle East. Increasing passenger volume and refurbishment plans at aging airports drive the expansion of the regional market. Increasing investment in the domestic airports of the UAE and Saudi Arabia is expected to drive growth in the Middle East market. Airports in the UAE are implementing voice-based AI technologies and assistants to provide passengers with real-time information. As the system becomes increasingly automated, the entire process flow architecture in airports is predicted to undergo a radical transformation. Airports are employing autonomous technologies to increase operational efficiency. For example, the UAE plans to expand Dubai International Airport to accommodate 120 million passengers per year by 2023, up from 90 million passengers per year currently. It is anticipated that these developments will strengthen market prospects.

Key Highlights

• The global smart airport market size is projected to reach USD 8.86 billion by 2031, growing with a CAGR of 14.5% during the forecast period (2023–2031).
• Based on technology, the smart airport market is categorized into security systems, communication systems, passenger, cargo, & baggage ground handling control, and air/ground traffic control. The communication system segment is projected to be the fastest-growing segment during the forecast period.
• By application, the market is bifurcated into aeronautical operations and non-aeronautical operations. The aeronautical operations segment is further segmented into gate management and noise management, while the non-aeronautical operations segment is divided into supply chain management and advanced transport services.
• Based on location, the smart airport market is classified into landside, airside, and terminal. The terminal side segment holds the largest share of the market.
• North America is estimated to hold the largest share of the smart airport market.

Competitive Analysis

The most prominent players in the market are Amadeus IT Group SA (Spain), Cisco Systems, Inc. (The US), Collins Aerospace (The US), Honeywell International Inc. (The US), Huawei Technologies Co., Ltd. (China), IBM Corporation (The US), Indra Sistemas, SA (Spain), Sabre Corp. (The US), Siemens AG (Germany), SITA (Switzerland), and Thales Group (France).

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Global Smart Airport Market Segmentation

By Technology

• Security systems
• Communication systems
• Passenger, cargo, & baggage ground handling control
• Air/ground traffic control

By Application

• Aeronautical operations
• Non-Aeronautical operations

By Location

• Landside
• Airside
• Terminal side

By Region

• North America
• Europe
• Asia-Pacific
• LAMEA

TABLE OF CONTENT

1. EXECUTIVE SUMMARY
2. RESEARCH SCOPE & SEGMENTATION
   1. Research Objectives
   2. Market Definition
   3. Limitations & Assumptions
   4. Market Scope & Segmentation
   5. Currency & Pricing Considered
3. MARKET OPPORTUNITY ASSESSMENT

3. 1. Emerging Regions / Countries
   2. Emerging Companies
   3. Emerging Applications / End Use
   4. Investment Landscape
   5. New Business Models / Revenue Streams
   6. TAM

4. MARKET TRENDS

4. 1. Drivers
   2. Market Warning Factors
   3. Latest Macro Economic Indicators
   4. Geopolitical Impact
   5. Human Factors
   6. Technology Factors

5. MARKET ASSESSMENT

5. 1. Porters Five Forces Analysis
   2. Value Chain Analysis
   3. Sales And Distribution Channel Analysis
   4. Case Study Analysis
   5. Patent Analysis
   6. M & A Agreements & Collabration Analysis

6. ESG TRENDS
7. GLOBAL SMART AIRPORT MARKET SIZE ANALYSIS

7. 1. Global Smart Airport Market Introduction
   2. By Technology

7. 2. 1. Introduction

1. 1. 1. 1. Technology By Value

7. 2. 2. Security Systems

1. 1. 1. 1. By Value

7. 2. 3. Communication Systems

1. 1. 1. 1. By Value

7. 2. 4. Passenger, Cargo, & Baggage Ground Handling Control

1. 1. 1. 1. By Value

7. 2. 5. Air/Ground Traffic Control

1. 1. 1. 1. By Value

7. 3. By Application

7. 3. 1. Introduction

1. 1. 1. 1. Application By Value

7. 3. 2. Aeronautical Operations

1. 1. 1. 1. By Value

7. 3. 3. Non-Aeronautical Operations

1. 1. 1. 1. By Value

7. 4. By Location

7. 4. 1. Introduction

1. 1. 1. 1. Location By Value

7. 4. 2. Landside

1. 1. 1. 1. By Value

7. 4. 3. Airside

1. 1. 1. 1. By Value

7. 4. 4. Terminal Side

1. 1. 1. 1. By Value

8. NORTH AMERICA MARKET ANALYSIS

8. 1. Introduction
   2. By Technology

8. 2. 1. Introduction

1. 1. 1. 1. Technology By Value

8. 2. 2. Security Systems

1. 1. 1. 1. By Value

8. 2. 3. Communication Systems

1. 1. 1. 1. By Value

8. 2. 4. Passenger, Cargo, & Baggage Ground Handling Control

1. 1. 1. 1. By Value

8. 2. 5. Air/Ground Traffic Control

1. 1. 1. 1. By Value

8. 3. By Application

8. 3. 1. Introduction

1. 1. 1. 1. Application By Value

8. 3. 2. Aeronautical Operations

1. 1. 1. 1. By Value

8. 3. 3. Non-Aeronautical Operations

1. 1. 1. 1. By Value

8. 4. By Location
      1. Introduction

1. 1. 1. 1. Location By Value

8. 4. 2. Landside

1. 1. 1. 1. By Value

8. 4. 3. Airside

1. 1. 1. 1. By Value

8. 4. 4. Terminal Side

1. 1. 1. 1. By Value

8. 5. U.S.

8. 5. 1. By Technology

1. 1. 1. 1. Introduction
            1. Technology By Value
         2. Security Systems
            1. By Value
         3. Communication Systems
            1. By Value
         4. Passenger, Cargo, & Baggage Ground Handling Control
            1. By Value
         5. Air/Ground Traffic Control
            1. By Value

8. 5. 2. By Application

1. 1. 1. 1. Introduction
            1. Application By Value
         2. Aeronautical Operations
            1. By Value
         3. Non-Aeronautical Operations
            1. By Value

8. 5. 3. By Location

1. 1. 1. 1. Introduction
            1. Location By Value
         2. Landside
            1. By Value
         3. Airside
            1. By Value
         4. Terminal Side
            1. By Value

8. 6. Canada

9. EUROPE MARKET ANALYSIS

9. 1. Introduction
   2. By Technology

9. 2. 1. Introduction

1. 1. 1. 1. Technology By Value

9. 2. 2. Security Systems

1. 1. 1. 1. By Value

9. 2. 3. Communication Systems

1. 1. 1. 1. By Value

9. 2. 4. Passenger, Cargo, & Baggage Ground Handling Control

1. 1. 1. 1. By Value

9. 2. 5. Air/Ground Traffic Control

1. 1. 1. 1. By Value

9. 3. By Application

9. 3. 1. Introduction

1. 1. 1. 1. Application By Value

9. 3. 2. Aeronautical Operations

1. 1. 1. 1. By Value

9. 3. 3. Non-Aeronautical Operations

1. 1. 1. 1. By Value

9. 4. By Location

9. 4. 1. Introduction

1. 1. 1. 1. Location By Value

9. 4. 2. Landside

1. 1. 1. 1. By Value

9. 4. 3. Airside

1. 1. 1. 1. By Value

9. 4. 4. Terminal Side

1. 1. 1. 1. By Value

9. 5. U.K.

9. 5. 1. By Technology

1. 1. 1. 1. Introduction
            1. Technology By Value
         2. Security Systems
            1. By Value
         3. Communication Systems
            1. By Value
         4. Passenger, Cargo, & Baggage Ground Handling Control
            1. By Value
         5. Air/Ground Traffic Control
            1. By Value

9. 5. 2. By Application

1. 1. 1. 1. Introduction
            1. Application By Value
         2. Aeronautical Operations
            1. By Value
         3. Non-Aeronautical Operations
            1. By Value

9. 5. 3. By Location

1. 1. 1. 1. Introduction
            1. Location By Value
         2. Landside
            1. By Value
         3. Airside
            1. By Value
         4. Terminal Side
            1. By Value

9. 6. Germany
   7. France
   8. Spain
   9. Italy
   10. Russia
   11. Nordic
   12. Benelux
   13. Rest Of Europe

10. APAC MARKET ANALYSIS

10. 1. Introduction
    2. By Technology

10. 2. 1. Introduction

1. 1. 1. 1. Technology By Value

10. 2. 2. Security Systems

1. 1. 1. 1. By Value

10. 2. 3. Communication Systems

1. 1. 1. 1. By Value

10. 2. 4. Passenger, Cargo, & Baggage Ground Handling Control

1. 1. 1. 1. By Value

10. 2. 5. Air/Ground Traffic Control

1. 1. 1. 1. By Value

10. 3. By Application

10. 3. 1. Introduction

1. 1. 1. 1. Application By Value

10. 3. 2. Aeronautical Operations

1. 1. 1. 1. By Value

10. 3. 3. Non-Aeronautical Operations

1. 1. 1. 1. By Value

10. 4. By Location

10. 4. 1. Introduction

1. 1. 1. 1. Location By Value

10. 4. 2. Landside

1. 1. 1. 1. By Value

10. 4. 3. Airside

1. 1. 1. 1. By Value

10. 4. 4. Terminal Side

1. 1. 1. 1. By Value

10. 5. China

10. 5. 1. By Technology

1. 1. 1. 1. Introduction
            1. Technology By Value
         2. Security Systems
            1. By Value
         3. Communication Systems
            1. By Value
         4. Passenger, Cargo, & Baggage Ground Handling Control
            1. By Value
         5. Air/Ground Traffic Control
            1. By Value

10. 5. 2. By Application

1. 1. 1. 1. Introduction
            1. Application By Value
         2. Aeronautical Operations
            1. By Value
         3. Non-Aeronautical Operations
            1. By Value

10. 5. 3. By Location

1. 1. 1. 1. Introduction
            1. Location By Value
         2. Landside
            1. By Value
         3. Airside
            1. By Value
         4. Terminal Side
            1. By Value

10. 6. Korea
    7. Japan
    8. India
    9. Australia
    10. Taiwan
    11. South East Asia
    12. Rest Of Asia-Pacific

11. MIDDLE EAST AND AFRICA MARKET ANALYSIS

11. 1. Introduction
    2. By Technology

11. 2. 1. Introduction

1. 1. 1. 1. Technology By Value

11. 2. 2. Security Systems

1. 1. 1. 1. By Value

11. 2. 3. Communication Systems

1. 1. 1. 1. By Value

11. 2. 4. Passenger, Cargo, & Baggage Ground Handling Control

1. 1. 1. 1. By Value

11. 2. 5. Air/Ground Traffic Control

1. 1. 1. 1. By Value

11. 3. By Application

11. 3. 1. Introduction

1. 1. 1. 1. Application By Value

11. 3. 2. Aeronautical Operations

1. 1. 1. 1. By Value

11. 3. 3. Non-Aeronautical Operations

1. 1. 1. 1. By Value

11. 4. By Location

11. 4. 1. Introduction

1. 1. 1. 1. Location By Value

11. 4. 2. Landside

1. 1. 1. 1. By Value

11. 4. 3. Airside

1. 1. 1. 1. By Value

11. 4. 4. Terminal Side

1. 1. 1. 1. By Value

11. 5. UAE

11. 5. 1. By Technology

1. 1. 1. 1. Introduction
            1. Technology By Value
         2. Security Systems
            1. By Value
         3. Communication Systems
            1. By Value
         4. Passenger, Cargo, & Baggage Ground Handling Control
            1. By Value
         5. Air/Ground Traffic Control
            1. By Value

11. 5. 2. By Application

1. 1. 1. 1. Introduction
            1. Application By Value
         2. Aeronautical Operations
            1. By Value
         3. Non-Aeronautical Operations
            1. By Value

11. 5. 3. By Location

1. 1. 1. 1. Introduction
            1. Location By Value
         2. Landside
            1. By Value
         3. Airside
            1. By Value
         4. Terminal Side
            1. By Value

11. 6. Turkey
    7. Saudi Arabia
    8. South Africa
    9. Egypt
    10. Nigeria
    11. Rest Of MEA

12. LATAM MARKET ANALYSIS

12. 1. Introduction
    2. By Technology

12. 2. 1. Introduction

1. 1. 1. 1. Technology By Value

12. 2. 2. Security Systems

1. 1. 1. 1. By Value

12. 2. 3. Communication Systems

1. 1. 1. 1. By Value

12. 2. 4. Passenger, Cargo, & Baggage Ground Handling Control

1. 1. 1. 1. By Value

12. 2. 5. Air/Ground Traffic Control

1. 1. 1. 1. By Value

12. 3. By Application

12. 3. 1. Introduction

1. 1. 1. 1. Application By Value

12. 3. 2. Aeronautical Operations

1. 1. 1. 1. By Value

12. 3. 3. Non-Aeronautical Operations

1. 1. 1. 1. By Value

12. 4. By Location

12. 4. 1. Introduction

1. 1. 1. 1. Location By Value

12. 4. 2. Landside

1. 1. 1. 1. By Value

12. 4. 3. Airside

1. 1. 1. 1. By Value

12. 4. 4. Terminal Side

1. 1. 1. 1. By Value

12. 5. Brazil

12. 5. 1. By Technology

1. 1. 1. 1. Introduction
            1. Technology By Value
         2. Security Systems
            1. By Value
         3. Communication Systems
            1. By Value
         4. Passenger, Cargo, & Baggage Ground Handling Control
            1. By Value
         5. Air/Ground Traffic Control
            1. By Value

12. 5. 2. By Application

1. 1. 1. 1. Introduction
            1. Application By Value
         2. Aeronautical Operations
            1. By Value
         3. Non-Aeronautical Operations
            1. By Value

12. 5. 3. By Location

1. 1. 1. 1. Introduction
            1. Location By Value
         2. Landside
            1. By Value
         3. Airside
            1. By Value
         4. Terminal Side
            1. By Value

12. 6. Mexico
    7. Argentina
    8. Chile
    9. Colombia
    10. Rest Of LATAM

13. COMPETITIVE ASSESSMENT

13. 1. Adoption Matrix
    2. Smart Airport Market Share By Manufacturers
    3. Smart Airport Market Ranking By Revenue For Manufacturers
    4. Average Price By Manufacturers
    5. Vendor Footprint Analysis

14. MARKET PLAYERS ASSESSMENT

14. 1. Amadeus IT Group SA (Spain)

14. 1. 1. Overview
       2. Business Information
       3. Revenue
       4. ASP
       5. Gross Margin
       6. Swot Analysis
       7. Recent Developmments

14. 2. Cisco Systems, Inc. (The US)
    3. Collins Aerospace (The US)
    4. Honeywell International Inc. (The US)
    5. Huawei Technologies Co., Ltd. (China)
    6. IBM Corporation (The US)
    7. Indra Sistemas SA (Spain)
    8. Sabre Corp. (The US)
    9. Siemens AG (Germany)
    10. SITA (Switzerland)
    11. Thales Group (France)

15. RESEARCH METHODOLOGY

15. 1. Research Data

15. 1. 1. Secondary Data

1. 1. 1. 1. Major Secondary Sources
         2. Key Data From Secondary Sources

15. 1. 2. Primary Data

1. 1. 1. 1. Key Data From Primary Sources
         2. Breakdown Of Primaries

15. 1. 3. Secondary And Primary Research

1. 1. 1. 1. Key Industry Insights

15. 2. Market Size Estimation

15. 2. 1. Bottom-Up Approach
       2. Top-Down Approach
       3. Market Projection

15. 3. Research Assumptions

15. 3. 1. Assumptions

15. 4. Limitations
    5. Risk Assessment

16. APPENDIX

16. 1. Discussion Guide
    2. Customization Options
    3. Related Reports

17. DISCLAIMER

Table of Content and Figure @ https://straitsresearch.com/report/smart-airport-market/toc

Market News

October 2021- The Memphis airport aims to improve its operating capabilities by using numerous Amadeus Airport Management Solutions. Memphis International Airport will use the Amadeus Resource Administration System (RMS) to manage shared gates, ticket counters, and baggage drop-off locations based on a real-time assessment of airline demand.

September 2021- Collins Aerospace released Izon, a new digital platform that unifies and streamlines business aviation services such as flight planning, weather, and fleet operations. Izon provides pilots and flight operators with a centralized location to access all their applications at any time and on nearly any internet-connected device.

News Media

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