Smart Airport Market by Airside (Air Traffic Management, Aircraft Maintenance, Aircraft Parking), Lanside (Intelligent Advertising, Security, Vehicular Parking), Terminal Side, Application - Global Forecast 2024-2030

DOWNLOAD A FREE PDF
This free PDF includes market data points, ranging from trend analysis to market estimates & forecasts. See for yourself.

[198 Pages Report] The Smart Airport Market size was estimated at USD 12.91 billion in 2023 and expected to reach USD 14.73 billion in 2024, at a CAGR 14.52% to reach USD 33.37 billion by 2030.

A smart airport utilizes advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and big data analytics to streamline and enhance the operational efficiency, passenger experience, and safety of airports. These technologies help in providing real-time data management, more efficient operations, personalized customer experiences, and smartly coordinated services ranging from check-in to boarding. Airports need to efficiently manage higher volumes of passengers and their needs with increasing global travel. There is a rising demand for more seamless and personalized travel experiences. Smart technologies help reduce delays, optimize resources, and improve the overall management of airport operations. Advanced systems enable better surveillance and security protocols, which are critical in maintaining safe airport environments. However, the adoption of cutting-edge technologies entails significant investment in both money and time. Protecting passengers' personal information presents a substantial challenge with the increasing use of digital procedures. Aligning new technologies with existing systems can be complicated and resource-intensive. Continuously evolving technology requires ongoing updates and training, which can be burdensome. Smart airports can utilize the gathered data to improve operational decision-making and forecast future trends. From personalized retail offers to tailored travel information, leveraging data can significantly enhance the passenger experience. There is potential to use technologies to create more sustainable and environmentally friendly airport operations. New technologies foster collaborations between technology providers, airport authorities, and other stakeholders, opening avenues for innovative solutions.

In the United States, early adoption of advanced technologies such as biometrics and AI-driven systems, coupled with substantial investments in airport infrastructure, positions the nation at the forefront of this market. Canada is also modernizing its airports with IoT and data analytics to optimize operations. Countries, including the United Kingdom, Germany, and France, invest heavily in airport security and streamlined passenger flows, following stringent EU regulations. Germany emphasizes sustainable practices, while the UK focuses on digitalization and biometrics. In the Middle East, countries such as the UAE and Qatar prioritize luxurious, high-tech airport facilities to support their roles in global trade. Africa, despite funding challenges, sees emerging markets in South Africa and Kenya, with investments aimed at regional connectivity and operational efficiency. Asia-Pacific, including China, Japan, and India, shows rapid growth due to significant government investments and innovations. China prioritizes technological integration, Japan focuses on robotics and AI, and India invests in modernizing infrastructure. Latin American nations such as Brazil and Mexico are enhancing operational capabilities and passenger services by importing advanced technologies and partnering internationally. ASEAN, led by Singapore, is heavily investing in airport modernizations to accommodate rising passenger numbers.

Smart Airport Market
To learn more about this report, request a free PDF copy

Market Dynamics

The market dynamics represent an ever-changing landscape of the Smart Airport Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Increase in air passenger traffic
    • Rising focus on customer-centric approach
    • Increasing investment in agile and smart airport concepts
  • Market Restraints
    • High cost of advanced smart airports and components
  • Market Opportunities
    • Increasing demand for digitalization for airport operation
    • Implementation of biometrics at airports
  • Market Challenges
    • Lack of common standards and regulation for blockchain technology

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Smart Airport Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Smart Airport Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Smart Airport Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Smart Airport Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Smart Airport Market, highlighting leading vendors and their innovative profiles. These include Amadeus IT Group SA, Daifuku Co., Ltd, Huawei Technologies Co., Ltd., International Business Machines Corporation, Larsen & Toubro Limited, Lufthansa Systems GmbH & Co. KG, Raytheon Technologies Corporation, Resa Airport Data Systems, Seidor S.A., Siemens AG, SITA, Smart Airport Systems (SAS), T-Systems International GmbH, Thales Group, and Wipro Limited.

Market Segmentation & Coverage

This research report categorizes the Smart Airport Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Airside
    • Air Traffic Management
    • Aircraft Maintenance
    • Aircraft Parking
    • Resource Management
  • Lanside
    • Intelligent Advertising
    • Security
    • Vehicular Parking
  • Terminal Side
    • Baggage Handling
    • Building Operations
    • Check-In Systems
    • Sustainable Energy Management
  • Application
    • Aeronautical Operations
    • Non-Aeronautical Operations

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Smart Airport Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Smart Airport Market, by Airside
  7. Smart Airport Market, by Lanside
  8. Smart Airport Market, by Terminal Side
  9. Smart Airport Market, by Application
  10. Americas Smart Airport Market
  11. Asia-Pacific Smart Airport Market
  12. Europe, Middle East & Africa Smart Airport Market
  13. Competitive Landscape
  14. List of Figures [Total: 23]
  15. List of Tables [Total: 379]
  16. List of Companies Mentioned [Total: 15]
Frequently Asked Questions
  1. How big is the Smart Airport Market?
    Ans. The Global Smart Airport Market size was estimated at USD 12.91 billion in 2023 and expected to reach USD 14.73 billion in 2024.
  2. What is the Smart Airport Market growth?
    Ans. The Global Smart Airport Market to grow USD 33.37 billion by 2030, at a CAGR of 14.52%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
  4. In what format does this report get delivered to me?
    Ans. We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
  5. How long has 360iResearch been around?
    Ans. We are approaching our 7th anniversary in 2024!
  6. What if I have a question about your reports?
    Ans. Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available and included in every purchase to help our customers find the research they need-when they need it.
  7. Can I share this report with my team?
    Ans. Absolutely yes, with the purchase of additional user licenses.
  8. Can I use your research in my presentation?
    Ans. Absolutely yes, so long as the 360iResearch cited correctly.