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Advanced Airport Technologies Market Analysis

  • Report ID: GMI7563
  • Published Date: Dec 2023
  • Report Format: PDF

Advanced Airport Technologies Market Analysis

Based on the technology type, the market is divided into airport communication technologies, airport management software, biometrics and identity management, baggage handling systems, airport security technologies, air traffic management (ATM) systems. smart airport solutions, passenger experience technologies, airport collaborative decision making (A-CDM) and advanced runway and taxiway technologies. In 2022, The biometrics and identity management segment will generate a high market share for 2022. Biometrics and Identity Management technology is in high demand at airports due to its pivotal role in enhancing security, efficiency, and passenger experience. Biometric systems, including facial recognition and fingerprint scanning, offer robust identity verification, reducing the risk of unauthorized access and enhancing overall airport safety.
 

Moreover, these technologies streamline passenger processing, enabling quicker check-ins, security clearances, and boarding procedures. As airports worldwide seek innovative solutions to manage increasing passenger volumes, the demand for Biometrics and Identity Management technology continues to surge, driven by its effectiveness in fortifying security measures and optimizing operational processes.
 

Advanced Airport Technologies Market Share, By Airport, 2022

Based on the airport, the market is categorized into international airports, domestic airports, cargo airports and military airports. In 2022, the domestic airport segment accounted for a market share of around 35% and is projected to grow significantly through 2032. The adoption of advanced airport technologies at domestic airports is propelled by the imperative to enhance operational efficiency, passenger experience, and overall safety. As domestic air travel continues to grow, airports invest in cutting-edge systems to accommodate increased traffic, streamline check-in and security processes, and optimize baggage handling. These technologies, including smart infrastructure, biometrics, and real-time data analytics, not only improve day-to-day operations but also contribute to cost savings and sustainability efforts. The competitive landscape in the aviation industry further drives domestic airports to embrace innovations, ensuring they remain at the forefront of modern, efficient, and secure air travel services.
 

North America Advanced Airport Technologies Market, 2021 – 2032, (USD Million)

North America led the global advanced airport technologies market with a major share of over 35% in 2022. The region's commitment to innovation, robust air travel infrastructure, and substantial investments in modernization drive the adoption of cutting-edge technologies. Stringent security regulations further incentivize the integration of advanced systems such as biometrics, smart surveillance, and automated processes. With a high volume of air traffic, North American airports prioritize efficiency and passenger experience, fostering a climate receptive to technological advancements. Moreover, the presence of leading technology firms and a proactive approach to embracing emerging trends position North America as a hub for the continuous evolution and growth of the advanced airport technologies sector.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

Market size for advanced airport technologies reached USD 33.5 billion in 2022 and is estimated to expand at over 4% CAGR from 2023 to 2032, driven by the considerable rise in air traffic worldwide.

Advanced airport technologies from the biometrics and identity management segment is estimated to generate sizable revenue share by 2032 attributed to growing demand at airports for enhancing security, efficiency, and passenger experience.

North America held more than 35% revenue share of the advanced airport technologies market in 2022 and is set to expand at a robust CAGR from 2023-2032 owing to the robust air travel infrastructure, and substantial investments in modernization and adoption of cutting-edge technologies across the region.

Some major companies engaged in the advanced airport technologies market are ABB Ltd., Honeywell International Inc., Johnson Controls International PLC, Raytheon Technologies, Smith Detection Group Ltd, and Thales Group, among others.

Advanced Airport Technologies Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 18
  • Tables & Figures: 225
  • Countries covered: 19
  • Pages: 200
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