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Airport Automation Market Trends

Report ID: GMI8054
Published Date: Feb 2024
Report Format: PDF

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Airport Automation Market Trends

Robotic Process Automation involving the use of software robots to automate repetitive and rule-based tasks will emerge as a prominent trend across the airport automation industry. In the airport industry, RPA can be applied to various functions, including baggage handling, passenger services, and back-office operations. Automation through RPA can lead to increased operational efficiency, cost savings, and improved accuracy. As airports seek to optimize processes and reduce human intervention in routine tasks, the adoption of RPA is anticipated to rise.

Quoting an instance, in February 2024, IAG extended an invitation to Future Travel Experience at its Waterside headquarters near Heathrow. During a comprehensive briefing that spanned a few hours, IAG showcased several key division heads and thought leaders, providing insights into its ongoing innovation initiatives. As a Corporate Partner of the FTE Digital, Innovation & Startup Hub, IAG expressed its commitment to collaborating with airport partners on various trials. These trials encompass a broad spectrum of innovations, including robotics and automation, artificial intelligence and machine learning, biometrics and digital identity, personalization, startup collaborations, sustainability, private networks, and the Internet of Things (IoT). The focus of these initiatives extends across airport areas such as the ramp, lounges, and accessibility, showcasing IAG's dedication to advancing technology and enhancing the passenger experience.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

Market size for airport automation was valued at USD 6.3 billion in 2023 and is estimated to register a CAGR of over 5% between 2024 & 2032, driven by an increased focus on improving operational efficiency and cost reduction.

The automation & control system segment accounted for over USD 2 billion in 2023 and is poised to grow rapidly, propelled by the urgent need for enhanced operational efficiency, heightened security measures, and an overall improvement in passenger experience.

North America airport automation industry registered a major revenue share of over 35% in 2023 and is poised to grow rapidly till 2032, due to technological innovation, and operational efficiency in booming aviation sector.

ABB, Amadeus IT Group, Collins Aerospace, Daifuku Co. Ltd., Honeywell, IBM Corporation, L3Harris Technologies, Leidos Holdings, Inc., Siemens, Thales Groupsome of the major industry contenders.