Smart Airport Market size was valued at USD 5.60 Billion in 2023 and the total Global Smart Airport Revenue is expected to grow at a CAGR of 16.1 % from 2024 to 2030, reaching nearly USD 15.92 Billion in 2030.
Smart Airport Market Overview:
The Smart Airport market is rapidly growing as airports worldwide adopt advanced technologies to enhance operational efficiency, improve passenger experience, and streamline airport management. Smart airports leverage innovations such as IoT sensors, AI-driven analytics, biometric identification, and automated systems to optimize processes like check-in, security screening, and baggage handling. Key drivers of market expansion include the increasing demand for seamless and efficient travel experiences, the need for enhanced security measures, and the push for sustainability and energy efficiency. As airports aim to accommodate rising passenger numbers and address operational challenges, the smart airport market is poised for significant growth and technological advancement.
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Scope Table:
| Aspect | Details |
| Base Year | 2023 |
| Forecast Period | 2024-2030 |
| Historical Data | 2018-2023 |
| Market Size in 2023 | US$ 5.60 Bn. |
| CAGR (2024-2030) | 16.1 % |
| Market Size in 2030 | US$ 15.92 Bn. |
Smart Airport Market Segmentation:
by Product Type
Airport 2.0
Airport 3.0
Airport 4.0
by Application
Airside
Terminal Side
Landside
With a 44.30% market share, Airside is the leader. To improve the effectiveness of airside operations, smart airports make use of a variety of technologies, including automated weather monitoring, enhanced surface movement guidance and control systems, and airport collaborative decision-making (A-CDM) systems. The solutions facilitate better aircraft movements overall, expedite taxiing times, and allocate runways and gates optimally. To reduce aircraft turnaround times, smart airports use automated ground handling equipment such baggage handling systems, aircraft towing trucks, and fuelling systems. The innovations improve operational safety, cut down on fuel usage, and eliminate delays.
by Airport Size
Large
Medium
Small
by Operation
Aeronautical
Non-aeronautical
by End User
Implementation
Upgrades & Services
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Smart Airport Market Key Players:
1. Honeywell International Inc.
2. Siemens AG
3. Cisco Systems, Inc.
4. IBM Corporation
5. Thales Group
6. SITA
7. Amadeus IT Group
8. NEC Corporation
9. Collins Aerospace (formerly Rockwell Collins)
10. Indra Sistemas
11. Huawei Technologies Co., Ltd.
12. Raytheon Technologies Corporation
13. FACC AG
14. Leidos Holdings, Inc.
15. Bosch Security Systems
16. Hitachi, Ltd.
17. AirIT
18. Vanderlande Industries
19. Unisys Corporation
20. Smiths Detection
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Regional Insights:
The Regional Analysis section displays the present state of the Smart Airport market in each of the study’s participating nations. Due to the complexity of the Smart Airport business, local perspectives must be considered. North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa are the regions that comprise the Smart Airport market. We extensively examine each research region’s market size, growth rate, imports and exports, as well as other particular characteristics.
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Key questions answered in the Smart Airport Market are:
- What growth strategies are the players considering to increase their presence in Smart Airport?
- What are the upcoming industry applications and trends for the Smart Airport Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Smart Airport Market?
- Who are the leading companies and what are their portfolios in Smart Airport Market?
- What segments are covered in the Smart Airport Market?
- Who are the key players in the Smart Airport market?
- Which application holds the highest potential in the Smart Airport market?
- What are the key challenges and opportunities in the Smart Airport market?
- What is Smart Airport?
- What was the Smart Airport market size in 2023?
- What will be the CAGR at which the Smart Airport market will grow?
- What is the growth rate of the Smart Airport Market?
- Which are the factors expected to drive the Smart Airport market growth?
- What are the different segments of the Smart Airport Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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