Increasing air traffic is one of the major drivers fuelling the growth of airport and related systems. Few of the upcoming trends in this segment are smart airports, self-services, passenger screening, and growth in the number o ....see more
The Airport Information Systems market is expected to grow from USD 5.36 billion by 2030 to USD 4.24 billion in 2024, at a compound annual growth rate (CAGR) of 4.0% during the forecast period.The key players SITA (US), Indra. (US), Thales (France), RTX (US), Amadeus (Spain), ADB Safegate (Belgium), Amadeus IT Group S.A (Spain), Siemens A.G (Germany), RESA ( Germany), TAV Technologies (Turkey), Damarel Systems International Ltd. (US), CGI Inc. (Canada), Airport information Systems (England), NEC Corporation (Japan), Honeywell International Inc. (US).
The Ground Support Equipment market size is expected to grow from USD 6.1 billion in 2024 to USD 7.4 billion by 2029, at a compound annual growth rate (CAGR) of 3.9% during the forecast period. The key players Oshkosh Corporation (US), China International Marine Containers (Group) Ltd. (China), TCR Group (Belgium), Weihai Guangtai Airport Equipment Co., Limited (China), Textron Ground Support Equipment Inc. (US).
The smart airports market is expected to grow from USD 7.0 Billion in 2022 to USD 8.3 Billion by 2027, at a compound annual growth rate (CAGR) of 3.5% during the forecast period.The Major players SITA (Switzerland), THALES (France), Siemens AG (Germany), Amadeus IT Group SA (Spain), IBM Corporation (US), Cisco Systems Inc. (US), Indra Sistemas S.A. (Spain), Honeywell International Inc. (US), L3Harris Technologies Inc (US).are some of the market players.
The air traffic control (ATC) market is expected to grow from USD 9.0 billion in 2022 to USD 13.5 billion by 2027, at a compound annual growth rate (CAGR) of 8.4% during the forecast period.The Major players Thales Group (France), Raytheon Technologies Corporation (US), L3Harris Technologies, Inc. (US), Indra Sistemas, S.A. (Spain), and Saab AB (Sweden).
The air traffic management market size is projected to reach USD 11.8 billion by 2027, at a CAGR of 8.1% during the forecast period. Thales Group (France), Raytheon Technologies Corporation (US), L3Harris Technologies, Inc. (US), Indra Sistemas, S.A. (Spain) and Saab AB (Sweden) are the key players in the global air traffic management market.
The remote towers market industry is projected to grow from USD 0.3 billion in 2022 and to reach USD 0.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period. Saab (Sweden), Thales Group (France), Frequentis Group (Austria), Indra Sistemas (Spain), and L3Harris Technologies (US) are some of the leading players operating in the remote towers market. These key players offer remote towers technology across the North America, European, Asia Pacific, Middle East & Africa and South America.
The Passenger Boarding Bridges Market is expected to grow from USD 273 Million in 2020 to USD 489 Million by 2025, at a CAGR of 12.3% during the forecast period. Factors such as the high demand for large aircraft, the increasing number of greenfield and brownfield airport projects, and increased spending on airside infrastructure by airport operators are driving factors assisting the growth of the passenger boarding bridges market.
The COVID-19 Impact on Airport Operations Market is expected to grow from USD 8.5 billion in 2020 to USD 14.5 billion by 2025, at a CAGR of 11.0% during the forecast period. FLIR Systems (US), Honeywell (US), SITA (Switzerland), Collins Aerospace (US), Siemens AG (Germany), Fluke Corporation (US), Thales Group (France) Daifuku Co., Ltd. (Japan), Amadeus IT Group (Spain), among others are some of the leading players operating in the airport operations market. These players have adopted growth strategies such as new product developments, contracts, partnerships, agreements, collaborations, and acquisitions to expand their presence in the market further.
The passenger security market is estimated to be USD 4.8 billion in 2019 and is projected to reach USD 6.8 billion by 2024, at a CAGR of 7.2% from 2019 to 2024. Increasing demand for cybersecurity solutions, upgraded technology, and an increase in passenger traffic is expected to drive the market. Key players in the passenger security market include Smiths Detection Group Ltd. (UK), SITA (Belgium), Siemens (Germany), Honeywell International Inc. (US), Rapiscan Systems (US), Axis Communications AB (Sweden), Bosch Sicherheitssysteme GmbH (Germany), Autoclear, LLC. (US), L3 Security & Detection Systems (US), and FLIR Systems, Inc. (US), among others.
The A-SMGCS market is estimated to be USD 4.04 Billion in 2018 and is projected to reach USD 5.34 Billion by 2023, at a CAGR of 5.73% from 2018 to 2023. The growth of the A-SMGCS market is driven by many factors, which include the development of airport structures across the globe to tackle increased air traffic, increase in the number of flight delays and cancellations due to congestion at airports, the impact of weather conditions on operations of airports. Some of the major companies providing A-SMGCS include Saab Group (Sweden), Indra Sistemas (Spain), Thales Group (France), ATRiCS (Germany), and ADB Safegate (Belgium). These key market players offer various A-SMGCS systems, including surface movement radar, ADS-B ground stations, MLAT surveillance sensors, vehicle tracking systems, and human machine interface (HMI) displays, among others. New product development, partnership, and contract are the major growth strategies adopted by these players to retain their position in the A-SMGCS market.
The aircraft arresting system market was USD 749.5 Million in 2016 and is projected to reach USD 1,104.5 Million by 2022, at a CAGR of 6.38% during the forecast period. The major players in the aircraft arresting system market are Zodiac Aerospace (France), Runway Safe (Sweden), and General Atomics (US). Manufacturers mostly adopt new product launches as their key growth strategy. Zodiac Aerospace (France) is the leading company in the aircraft arresting system market, and caters to both, military and commercial segments. In the commercial segment, it commands over 90% of the total market share.
The ground handling and support software market is projected to grow from USD 2.49 Billion in 2016 to USD 3.25 Billion by 2022, at a CAGR of 4.56% during the forecast period. The base year considered for the study is 2015 and the forecast period is from 2016 to 2022. Major companies profiled in the report include Rockwell Collins, Inc. (U.S.), Sabre Corporation (U.S.), Amadeus IT Global SA (Spain), Damarel Systems International Ltd. (U.K.), and SITA (Switzerland), among others.
The unit load device market is projected to grow from USD 1.64 Billion in 2016 to USD 2.02 Billion by 2021, at a CAGR of 4.28% during the forecast period. Various factors, such as increase in demand for lightweight ULDs, growth in international trade, and increase in demand for cold containers are expected to drive the unit load device market. Some of the key market players in the unit load device market are Nordisk Aviation Products AS (Norway), Zodiac Aerospace (France), VRR Aviation (The Netherlands), DoKaSch GmbH (Germany), and Satco, Inc. (U.S.), among others. These players adopted strategies, such as contracts, new product developments, agreements, and collaborations to strengthen their position in the market.
The airport lighting market is projected to grow from USD 473.7 Million in 2016 to USD 672.2 Million by 2021, at a CAGR of 7.2% from 2016 to 2021. Airport lights are used to indicate directions to the aircraft, during landing, takeoff, and parking. These lights are installed in runways, taxiways, and aprons. The runway lights are generally white, taxiway lights are blue in color, and apron lights can be of any color. The apron lights can be replaced by reflective markers in smaller airports.
The airport full body scanner (AFBS) market is projected to grow from USD 79.0 Million in 2016 to USD 118.2 Million by 2021, at a CAGR of 8.40% during the forecast period. Various factors, such as the need for more international airports, increasing passenger traffic globally and need for stringent security measures to combat terrorist activities are expected to drive the growth of the airport full body scanner market from 2016 to 2021.
The global airport stands equipment market is estimated to be valued at USD 851.71 Million in 2015 and is projected to reach USD 1196.93 Million by 2020, at a CAGR of 7.00% from 2015 to 2020. The growth in the airport stands equipment market is attributed to factors such as increasing demand in commercial aviation applications, better technological advancements, and amended safety norms to perform complex operations with least human intervention, and reduced risks and cost associated with the use of stands equipment.
This report provides a market analysis of the aircraft de-icing market, over the next five years. It contains an analysis of the drivers, challenges, and restraints that affect the industry, along with their impact from the short, medium, and long term perspectives landscapes. The aircraft de-icing market is expected to reach $1.30 billion by 2020, to register a CAGR of 5.18%. Key players profiled in the report are B/E Aerospace, Inc., Lyondell, UTC Aerospace Systems, JBT Corporation, Clariant AG, The Dow Chemical Company, Cryotech, Kiittokori OY, Kilfrost, BASF Corporation, Vestergaard, Contego De-icing Solutions, SDI Aviation, Weihai Guangtai Airport Equipment Co. Ltd and Global Ground Support LLC. The report also specifies the key growth regions and countries for this market along with, emerging trends and technologies.
The ILS and VLA market is estimated to be $1152.15 Million in 2014 and is projected to register a CAGR of 5.54% to reach $1680.79 Million by 2020. The report provides key statistics for the forecast period provides in-depth insights with regards to the ILS and VLA market. Major players in instrument landing system and visual landing aids market include Astronics Corporation (U.S.), ADB Airfield Solutions, LLC (U.S.), Honeywell International, Inc. (U.S.), ATG Airports, Ltd. (U.K.), Multi Electric Manufacturing, Inc. (U.S.), Rockwell Collins, Inc. (U.S.), SAAB Sensis (U.S.), and Systems Interface Ltd. (U.K.).