Advanced Airport Technologies Market - By Technology Type (Airport Communication Technologies, Airport Management Software, Biometrics and Identity Management, Baggage Handling Systems, Airport Security Technologies), By Airport & Forecast, 2023 – 2032
Published Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Construction | Format: Report available in PDF / Excel Format
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Advanced Airport Technologies Market - By Technology Type (Airport Communication Technologies, Airport Management Software, Biometrics and Identity Management, Baggage Handling Systems, Airport Security Technologies), By Airport & Forecast, 2023 – 2032
Advanced Airport Technologies Market Size
Advanced Airport Technologies Market was valued at USD 33.5 billion in 2022 and is estimated to register a CAGR of over 4% between 2023 and 2032, attributed to a significant rise in air traffic worldwide. The global air travel industry has been experiencing a steady increase in passenger numbers.
To get key market trends
Hey there! I've got some cool news about air travel from August 2023. People are flying more again! Globally, the number of passengers flying grew by a whopping 28.4% compared to last year. That's a lot of people in the air! International flights had an even bigger jump, with a 30.4% increase. That's almost back to where we were before the pandemic hit in 2019! And guess what? Domestic flights within countries also saw a surge, especially in China, where people are eager to travel. In fact, right now, global air travel is at 95.7% of what it was before COVID-19 changed everything. That's almost back to normal! Airports are getting ready for even more people by investing in fancy new tech to make it easier and faster to fly. This is exciting because it means we'll have a smoother and more enjoyable experience when we travel.
An increased emphasis on improving operational efficiency and cost reduction will help carve a healthy growth trajectory for the advanced airport technologies industry. Airports are under constant pressure to improve operational efficiency and reduce costs. Advanced technologies such as smart baggage handling systems, automated check-in processes, and the use of Internet of Things (IoT) devices contribute to streamlined operations, quicker turnaround times, and cost savings in the long run.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Advanced Airport Technologies Market Size in 2022 | USD 33.5 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 4% |
| 2032 Value Projection | USD 52.1 Billion |
| Historical Data for | 2018 - 2022 |
| No. of Pages | 200 |
| Tables, Charts & Figures | 225 |
| Segments covered | Technology Type and Airport |
| Growth Drivers |
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| Pitfalls & Challenges |
|
What are the growth opportunities in this market?
For an instance, in November 2023, Sydney Airport elevated operational efficiency with the implementation of Veovo's Intelligent Airport Platform. This strategic move addresses the heightened demand as air traffic returns to pre-pandemic levels. The platform is tailored to enhance efficiency, reliability, and collaboration throughout the airport by seamlessly aggregating and validating data from diverse sources, including air traffic, baggage handling, and airlines, into a centralized Airport Operational Database (AODB). This initiative is pivotal for minimizing delays in aircraft turnaround and optimizing the utilization of terminal and airside capacities.
However, the aviation industry is subject to stringent regulations and standards to ensure safety and security. Implementing new technologies may require compliance with various regulatory frameworks, and gaining approval for innovative solutions can be a complex and time-consuming process. Adhering to industry standards while incorporating emerging technologies can pose challenges for airport authorities, potentially slowing down the adoption of advanced systems.
COVID-19 Impact
The COVID-19 pandemic significantly impacted the advanced airport technologies market as global air travel plummeted, leading to widespread financial constraints for airports. Budget cuts and reduced capital expenditures became prevalent, hindering the adoption of advanced technologies. The focus shifted to immediate operational and financial challenges, delaying investments in smart infrastructure, biometrics, and other innovations. As airports prioritize recovery, the pace of integrating advanced technologies has been slower, with many grappling with the need for cost-effective solutions amid the ongoing uncertainties.
Advanced Airport Technologies Market Trends
The aviation industry may see increased adoption of contactless biometric systems and touchless technologies to enhance passenger experience and improve hygiene. For instance, in November 2023, Abu Dhabi International Airport unveiled cutting-edge biometric systems at its newly inaugurated Terminal A, designed to provide passengers with a swifter and more seamless journey to their departure gates. Airport officials reported that passengers can now traverse from the curb outside the terminal to their gate within just 12 minutes, attributing the efficiency to advanced airport technologies and streamlined procedures.
Notably, self-service baggage drop-off kiosks take a mere 30 seconds, immigration procedures are cleared in 10 seconds, and the boarding process at the gate requires just three seconds, as highlighted by Andrew Murphy, Chief Information Officer at Abu Dhabi Airports, during a media tour of the expansive 742,000 square-meter terminals. Facial recognition, iris scanning, and other biometric methods may become more prevalent for tasks such as check-in, security clearance, and boarding, reducing physical contact points in airports, and thus stimulating product demand.
Advanced Airport Technologies Market Analysis
Learn more about the key segments shaping this market
The World of Airport Technology Airports use a wide range of technology to keep things running smoothly and make the experience better for passengers. Let's break it downTalking and ConnectingAirport communication systems help everyone stay in touch, from the control tower to the baggage claim staff. Managing the Show Airport management software keeps track of everything that happens, like scheduling flights, managing baggage, and tracking passenger flow. ID PleaseBiometrics and identity management technology makes sure everyone who needs to be at the airport is who they say they are. This could include facial recognition or fingerprint scanning. Baggage Wranglers Baggage handling systems move bags from check-in to planes and back again, making sure they get where they need to go. Keeping Us Safeairport security technologies, like X-ray machines and metal detectors, help protect passengers and staff from threats. Guiding the Planes Air traffic management systems keep planes flying safely and efficiently. Smart AirportsSmart airport solutions use technology to improve everything from passenger flow to energy management. Happy Passengers Passenger experience technologies make traveling more enjoyable, with things like self-service kiosks and digital wayfinding. Teamwork TimeAirport collaborative decision-making systems help different airport players work together to make better decisions. Runway Smarts Advanced runway and taxiway technologies make these critical areas safer and more efficient. Biometrics on the Rise Right now, biometrics and identity management are the hot tech at airports. This technology helps keep airports secure, speeds up processes, and makes it easier for passengers to move through the airport. Face scans and fingerprint checks are becoming the norm, making airports safer and smoother for everyone.
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.
Learn more about the key segments shaping this market
Airports come in all shapes and sizes. There are international airports, which handle flights to and from other countries, and domestic airports, which only handle flights within the same country. There are also cargo airports, which are used for shipping goods, and military airports, which are used by the armed forces. In 2022, domestic airports made up about 35% of the airport market. And that number is expected to grow even bigger by 2032. One reason for this growth is that airports are using more advanced technologies to improve operations, make things easier for passengers, and keep everyone safe. For example, some airports are using smart infrastructure, biometrics, and real-time data analytics to streamline check-in, speed up security, and handle baggage more efficiently. This not only makes the airport run more smoothly, but it also saves time and money for passengers. The competition in the aviation industry is also pushing domestic airports to innovate. They want to be seen as the best and most modern airports, so they are investing in the latest technologies to stay ahead of the curve.
Looking for region specific data?
North America is at the forefront of airport technology, leading the world with an impressive share of over 35% in 2022. Why? It's all about embracing innovation! The region's airports are committed to cutting-edge advancements, thanks to their excellent infrastructure and massive investments in upgrades. Think biometrics, smart security cameras, and automated everything! These techy upgrades make our airports safer and more efficient, keeping passengers happy and airlines running smoothly. With so many planes taking off and landing, North American airports are always looking for ways to streamline things. New technologies help them do just that, improving the overall passenger experience. Plus, being home to major tech companies and a willingness to try out the latest and greatest means that North America is a hotbed for new airport technologies, leading the way in the ongoing evolution of this exciting field.
Advanced Airport Technologies Market Share
Major players operating in the advanced airport technologies industry are
- ABB Ltd
- Honeywell International Inc.
- Johnson Controls International PLC
- L3Harris Technologies Inc.
- Raytheon Technologies
- Smith Detection Group Ltd
- Thales Group
Raytheon Technologies holds the largest market share, with a diverse portfolio and a strong focus on research and development, the company's expertise in defense and security technologies, coupled with its innovative solutions, has likely contributed to its prominence in the airport technologies sector. Also, global presence and strategic collaborations have played a role in securing contracts and partnerships for airport projects worldwide.
Advanced Airport Technologies Industry News
- In February 2023, Leidos was awarded a contract by the Transportation Security Administration (TSA) to enhance on-person screening technology at airport security checkpoints nationwide. The agreement tasks Leidos with upgrading the entire fleet of ProVision advanced imaging technology (AIT) systems used by the TSA. This upgrade involves implementing a new artificial intelligence (AI)--powered algorithm designed to improve security efficacy by employing advanced threat detection methods, ultimately minimizing false alarms, and enhancing the overall effectiveness of airport security measures.
The advanced airport technologies market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments
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Market, By Technology Type
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)
- Advanced Runway and Taxiway Technologies
Market, By Airport
- International Airports
- Domestic Airports
- Cargo Airports
- Military Airports
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- ANZ
- Southeast Asia
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- UAE
- South Africa
- Saudi Arabia
Table of Content
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Advanced airport technologies market 3600 synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Technology type trends
2.5 Airport trends
Chapter 3 Advanced Airport Technologies Industry Insights
3.1 Impact of COVID-19
3.2 Industry ecosystem analysis
3.3 Vendor matrix
3.4 Profit margin analysis
3.5 Technology & innovation landscape
3.6 Patent analysis
3.7 Key news and initiatives
3.7.1 Partnership/Collaboration
3.7.2 Merger/Acquisition
3.7.3 Investment
3.7.4 Product launch & innovation
3.8 Regulatory landscape
3.9 Impact forces
3.9.1 Growth drivers
3.9.1.1 Rising in demand of air travel
3.9.1.2 Increased emphasis on improving operational efficiency and cost reduction
3.9.1.3 Rapid advancements in technology
3.9.1.4 Growing security concerns propels the advanced airport technologies market
3.9.2 Industry pitfalls & challenges
3.9.2.1 Stringent regulations at airports
3.9.2.2 Global economic uncertainty
3.10 Growth potential analysis
3.11 Porter's analysis
3.12 PESTEL analysis
Chapter 4 Competitive Landscape, 2022
4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
4.3.1 ABB Ltd
4.3.2 Honeywell International Inc.
4.3.3 Johnson Controls International PLC
4.3.4 L3Harris Technologies Inc.
4.3.5 Raytheon Technologies
4.3.6 Smith Detection Group Ltd
4.3.7 Thales Group
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022
Chapter 5 Advanced Airport Technologies Market Estimates & Forecast, By Technology Type
5.1 Key trends, by technology type
5.2 Airport communication technologies
5.3 Airport management software
5.4 Biometrics and identity management
5.5 Baggage handling systems
5.6 Airport security technologies
5.7 Air Traffic Management (ATM) Systems
5.8 Smart airport solutions
5.9 Passenger experience technologies
5.10 Airport collaborative decision making (A-CDM)
5.11 Advanced runway and taxiway technologies
Chapter 6 Advanced Airport Technologies Market Estimates & Forecast, By Airport
6.1 Key trends, by airport
6.2 International airports
6.3 Domestic airports
6.4 Cargo airports
6.5 Military airports
Chapter 7 Advanced Airport Technologies Market Estimates & Forecast, By Region
7.1 Key trends, by region
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 U.K.
7.3.2 Germany
7.3.3 France
7.3.4 Italy
7.3.5 Spain
7.3.6 Russia
7.4 Asia Pacific
7.4.1 China
7.4.2 India
7.4.3 Japan
7.4.4 South Korea
7.4.5 ANZ
7.4.6 Southeast Asia
7.5 Latin America
7.5.1 Brazil
7.5.2 Mexico
7.5.3 Argentina
7.6 MEA
7.6.1 UAE
7.6.2 South Africa
7.6.3 Saudi Arabia
Chapter 8 Company Profiles
8.1 Hitachi Ltd
8.2 Honeywell International Inc.
8.3 Johnson Controls International PLC
8.4 NEC Corp
8.5 Smith Detection Group Ltd
8.6 Leidos Holdings Inc
8.7 Cisco Systems Inc.
8.8 L3Harris Technologies Inc.
8.9 Matrix LLC
8.10 Thales Group
8.11 Rapiscan System Inc.
8.12 Amadeus IT Group
8.13 Daifuku Co., Ltd.
8.14 Raytheon Technologies
8.15 Indra Sistemas
8.16 IBM Corporation
8.17 ADB Safegate
8.18 ABB Ltd
- ABB Ltd
- Honeywell International Inc.
- Johnson Controls International PLC
- L3Harris Technologies Inc.
- Raytheon Technologies
- Smith Detection Group Ltd
- Thales Group
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