Global Smart Airports Market Outlook 2017-2026: $19.9 Billion Market by Solution, Technology, Service, Application & Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 28, 2018--The “Smart Airports - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
Global Smart Airports market is expected to grow from $10.3 billion in 2017 to reach $19.9 billion by 2026 with a CAGR of 7.6%.
Factor such as rising customer traffic, require for up gradation of check-in services and need for real-time information are driving the smart airports market. Severe governmental policies about airport may hamper the growth of the smart airports market. Growing inclination of personalized services is providing ample opportunities for the growth of the market.
The main aim of constructing smart airport is to make systems and processes digitally equipped and organized, in terms of process efficiency and connectivity. Further, this helps the systems to pervade with intelligence and improve accessibility. A smart airport system encompasses components, solutions, services and devices which optimize and powers the utilization of airways infrastructure for implementing advanced functions.
Based on technology, the communication systems section is predicted to grow to an extent during forecast period owing to the growing needs for real-time information, airports are adopting smart technologies for horizontal flow of communication between dissimilar systems and end users. By geography, Asia-Pacific is expected to grow at the highest CAGR during the forecast period due to the factors such as upcoming new green-field airport projects and growth of existing airports.
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Smart Airports Market, By Solution
6 Global Smart Airports Market, By Technology
7 Global Smart Airports Market, By Service
8 Global Smart Airports Market, By Application
9 Global Smart Airports Market, By Geography
10 Key Developments
11 Company ProfilingNorthrop Grumman Corporation Thales Group Honeywell International Inc. IBM Corporation Rockwell Collins, Inc. Cisco Systems, Inc. Siemens AG Israel Aerospace Industries Ltd. Indra Siestma S.A. Sabre Airline Solutions Inc. T Systems International GmbH Amadeus IT Group SA Japan Radio Company Limited QinetiQ Group Plc Axis Communications AB Godrej & Boyce Manufacturing Company Limited Control4 Corporation Tyco International PLC Secom Co., Ltd. Ingersoll Rand Solutions
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Related Topics:Airports and Air Traffic Control
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY TRANSPORT AIR
SOURCE: Research and Markets
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PUB: 08/28/2018 01:40 PM/DISC: 08/28/2018 01:40 PM