Smart Airport Market Set for 16.1% CAGR Growth, Valued at $15.92 Billion by 2030

North America dominates the global smart airport market share of 37 %.

Smart Airport Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Smart Airport Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Smart Airport market, with forecasts outspreading to the year 2030.

Projected Growth Trajectory for Smart Airport Market:

The size of the global smart airport market was estimated to be USD 5.60 billion in 2023. From 2024 to 2030, total global smart airport revenue is predicted to increase at a compound annual growth rate (CAGR) of 16.1%, reaching around USD 15.92 billion.

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Smart Airport Market Scope and Methodology:

The Smart Airport market research offers in-depth details on important factors, such as those anticipated to fuel the industry's expansion and impending challenges. Stakeholders will have a solid understanding of the industry's competitive landscape, the products pushed by well-known brands, and the investment potential in the Smart Airport market. Both the qualitative and quantitative aspects of the industry are covered in the study. The MMR investigation's purview includes a thorough analysis of the competition for the Smart Airport Market.

Many additional requirements, each with a detailed reason, are included in the study. In order to build the Smart Airport Market, a wide range of primary and secondary sources of information were taken into consideration, including government documents, websites, yearly reports, and expert and professional opinions.

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Smart Airport Market Regional Insights:

The market size, growth rate, import and export by region, and other relevant statistics are all thoroughly analyzed in this study. The regional analysis of the research makes it easy to understand the Smart Airport market situations in different countries. The markets in Latin America, Africa, Asia Pacific, North America, and the Middle East make up the Smart Airport market.

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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Key questions answered in the Smart Airport Market are:

  • What is Smart Airport?
  • What was the Smart Airport market size in 2023?
  • What is the growth rate of the Smart Airport Market?
  • Which are the factors expected to drive the Smart Airport market growth?
  • What is the CAGR at which the Smart Airport market will grow during the forecast period?
  • What are the different segments of the Smart Airport Market?
  • Which is the fastest growing region in the Smart Airportmarket?
  • What growth strategies are the players considering to increase their presence in Smart Airport?
  • What are the upcoming opportunities 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?

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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

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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