Global Smart Airports Market to Witness Impressive Growth, Revenue to Surge to USD 2.45 Billion By 2032

The global Smart Airports market accounted for USD 1.69 Billion in 2023 and is expected to reach USD 2.45 Billion by 2032, growing at a CAGR of 4.2% from 2024 to 2032.     

The report covers forecast and analysis for the Smart Airports market on a global and regional level. The study provides historical data from 2018 along with a forecast from 2024 to 2032 based revenue (USD Billion). The study includes drivers and restraints for the Smart Airports market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Smart Airports market on a global level.

In order to give the users of this report a comprehensive view of the Smart Airports market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, where the product, technique, application, distribution channel and regional segmentation are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new Product launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the market on the global and regional basis.

The study provides a crucial view on smart airport market by segmenting the market based on technology, landside, airside, terminal side, application and regional segments. All the segments have been analyzed based on present and future trends and the market is estimated from 2021 to 2028.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East & Africa with its further bifurcation into major countries including the U.S., Canada, Mexico, Germany, Spain, Italy, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for Smart Airports market based on individual segment and applications in all the regions and countries.

Regionally, Asia Pacific has been leading the worldwide smart airports market and is anticipated to continue on the dominant position in the years to come, states the smart airports market study.  Growing demand for upgrading airport Security and technologies such as security systems, communication systems, and baggage & cargo handling systems is the main factor behind the dominance of the Asia Pacific smart airports market. The immense rise in air traffic and humungous demand for commercial aircraft is another significant factor that is supporting the growth of this regional smart airports market. Reportedly, India, Japan, and China are the regional revenue pockets.

The major participants in the smart airports market are Honeywell Corporation Inc, Rockwell Collins, Inc., SITA, Siemens AG, IBM Corporation, and Amadeus IT Group SA among others. These players have adopted strategies such as contracts, new product developments, and agreements to strengthen their position in the smart airports market.

Browse the full “Smart Airports Market By Technology (Security Systems, Communication Systems, Passenger, Cargo & Baggage Handling Control, Air/Ground Traffic Control, Endpoint Devices), By Airside (Air Traffic Management, Resource Management, Aircraft Parking, Aircraft Maintenance), For Aeronautical Operations And Non-Aeronautical Operations. Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/smart-airports-market

The global Smart Airports market is segmented as follows:  

By Application

• Aeronautical Operations
• Non-aeronautical Operations

By Landside

• Vehicular Parking
• Security
• Intelligent advertising

By Terminal

• Baggage Handling
• Check-in Systems
• Building Operations
• Sustainable Energy Management

By Technology

• Security Systems
• Communication Systems
• Passenger, Cargo & Baggage Handling Control
• Air/Ground Traffic Control
• Endpoint Devices
• Other Technologies

By Airside

• Air Traffic Management
• Resource Management
• Aircraft Parking
• Aircraft Maintenance
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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