According to IMARC Group latest report titled” Airport Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market is currently witnessing strong growth. The global Airport Information System market share to exhibit moderate growth during the next five years.
Market Trends and Driver:
An airport information system (AIS) refers to the integration of numerous technological solutions, primarily used for exhibiting flight information to the passengers at the airports. It majorly involves the departure control system (DCS), weather monitoring, passenger check-in, boarding and flight information display, and airport operation control center (AOCC) which is accountable for crew management, flight dispatch, maintenance management, and cargo handling.
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A significant growth in the aviation industry, along with the rising number of both domestic and international air travel routes, is propelling the demand for AIS. Moreover, several airport authorities are also employing numerous advanced technologies, such as near-field communications, 3D face recognition, geolocation, thermal sensors, video analytics, etc., for smooth-running operations and enhancing overall experience of the passengers. Additionally, the growing investments in the upgradation of conventional airport facilities with automated and digital solutions will continue to drive the global market for AIS in the coming years.
Competitive Landscape with Key players:
The competitive landscape of the industry has also been examined with some of the key players.
- Advantech Co. Ltd.
- Airport Information Systems
- Amadeus IT Group
- CGI Inc.
- Damarel Systems International Limited
- Exelis Inc.
- IBM Corporation
- Ikusi
- Indra Sistemas
- Inform GmbH
- Lockheed Martin
- Northrop Grumman
- RESA
- Rockwell Collins
- Siemens AG
- SITA
Global Airport Information System Market Segmentation:
Our report has categorized the market based on region, Type, System, Material Type, Airport, Cost, Application and End-Use.
By Type:
- Terminal Side
- Air Side
By System:
- Airport Operation Control Center
- Departure Control System
By Airport:
- Class A Airports
- Class B Airports
- Class C Airports
- Others
By End-Use:
- Passenger Systems
- Non Passenger Systems
By Cost:
- Operating Cost
- Procurement Cost
- Integration Cost
By Application:
- Finance & Operations
- Maintenance
- Ground Handling
- Security
- Others
By Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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The report titled “Airport Information System Market: Global Demand Analysis & Opportunity Outlook 2024” delivers a detailed overview of the global airport information system market in terms of market segmentation by operation, by solutions, by airport category, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis, and Porter’s five force model.The global airport information system market is segmented into solutions such as flight information display systems (FIDS), resource management solutions, public address systems, baggage processing, passenger processing, airport operations, airport information, and airport operational database (AODB).
Likely, the rising trend of self-service at airports is one of the major factor pushing the market of airport information systems.Global airport information system market is projected to showcase a remarkable CAGR of 7.2% during the forecast period i.e.
Additionally, the airport information system market is riding on the back numerous factors such as increasing spending of IT sector into airports and government initiatives to improve airport infrastructure.Get more information on this report@ https://www.researchnester.com/reports/airport-information-system-market/506The commercial segment by airport category is envisioned to attain a reparable CAGR during the forecast period.
In terms of geography, North America and Europe are the most notable market of airport information system due to presence of hi-tech airports.
Apart from this, Asia-Pacific is predicted to grow at an outstanding CAGR of 7.3% during the forecast period owing to emerging economies such as China and India.Rising Number of Air TravelersAccording to International Air Transport Association (IATA), the international passenger traffic upsurge by 6.7% in 2016 compared to 2015.
Global Airport Security Market growth is fuelled by increasing demand for smart technologies and IoT in the airports.
Increasing demand for the technologies including RFID baggage reconciliation systems, remote check-ins, e-gates, and sensor equipment drive the demand for airport security.
Other factors including rising traveler population, shift towards globalization, and increasing industrialization lead to the increasing movement of the goods and population from one country to another and thus, drive the market for airport security.Moreover, increasing passenger traffic in urban airports, lead to the upgradation of the existing technologies and development of high securities in the airports and thus, drive the market for airport security through the forecast period.
North America held the highest market share in 2017 driven by the high emphasis of the U.S government on security measures such as surveillance cameras and cybersecurity solutions.
For example, The Transportation Security Administration (TSA) has invented the testing of 3D checkpoint scanning technology at the Phoenix Sky Harbour and the Logan International Airport.
The computed tomography screening equipment improves the threat detection capabilities by providing a more through a 3D image of the screened cargo.Asia-Pacific is expected to have higher growth rate in the forecast period.
The market report envelopes an all-in information of the global Airport Information Display System Market and the nature of the market growth over the foreseeable period.
The report provides a comprehensive elaboration of the positives and negatives of the global Airport Information Display System Market with DROT and Porter’s Five Forces analysis.
With SWOT analysis, the report offers detailed insights about different players operating within the Airport Information Display System Market.
In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Airport Information Display System Market.Key segments covered in the global Airport Information Display System Market report by Type includeTerminal Side Airport Information Display SystemAir Side Airport Information Display SystemThe Airport Information Display System Market report examines the consumption patter of each segment and the factors affecting the pattern.
In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.Download Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-10838By end-use, the global Airport Information Display System Market consists of the following:Passenger SystemsNon-passenger SystemsBy airports, the global Airport Information Display System Market consists of the following:Class A AirportsClass B AirportsClass C AirportsClass D AirportsThe Airport Information Display System Market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Airport Information Display System Market.Prominent players covered in the global Airport Information Display System Market containIndra Sistemas S.A.SitaRockwell Collins, Inc.Thales GroupAmadeus IT Group SaSiemens AGIBM CorporationIkusiUltra Electronics Holdings PLCInform GmbHOthersAll the players running in the global Airport Information Display System Market are elaborated thoroughly in the Airport Information Display System Market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue.
In addition, the report examines R developments, legal policies, and strategies defining the competitiveness of the Airport Information Display System Market players.Reports at discounted rates exclusively for new entrants!!!
