According to the new research report "Airport
Information Systems Market by End Use (Passenger, Non-Passenger), Type
(Airside, Terminal Side), Airport (Class A, B, C, D), Application (Finance
& Operations, Maintenance, Ground Handling, Security), Region - Global
Forecast to 2023", published by MarketsandMarkets™, the airport
information systems market is projected to grow from USD 3.69 billion in 2018
to USD 4.37 billion by 2023, at a CAGR of 3.41% from 2018 to 2023. Factors such
as the modernization of the existing airport infrastructures, increase in the
number of airports in emerging economies, need to enhance the passenger
experience at airports, technological advancements being carried out at
airports to improve their operational efficiency, and the need for improved
airspace management are expected to drive the growth of the airport information
systems market across the globe.
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Based on system, the airport operation control center segment is
expected to lead the airport information systems market in 2018.
Based on system, the airport operation control center segment is
expected to lead the airport information systems market in 2018. Airport
operation control centers carry out various airport operations, which include
flight dispatches, airport maintenance management, resource management, and
cargo handling, among others. The airport operation control centers provide
management systems for the efficient operations of airports by integrating data
from different systems installed at airports. The requirement for increasing
the efficiency of airport operations and upgrading the existing airport
information system technologies are leading to the growth of the airport
information systems market across the globe.
The class B airports segment of the airport information systems
market is projected to grow at the highest CAGR from 2018 to 2023.
Based on airport, the class B airports segment of the airport
information systems market is projected to grow at the highest CAGR during the
forecast period. The growth of the class B airports segment can be attributed
to increasing air passenger traffic from small cities, thereby leading to the
requirement for expanding and upgrading airports.
Browse in-depth TOC on
"Airport Information Systems Market"
121 - Tables
44 - Figures
164 - Pages
The passenger systems segment of the airport information systems
market is projected to grow at a higher CAGR than the non-passenger systems
segment during the forecast period.
Based on end use, the airport information systems market has been
segmented into passenger systems and non-passenger systems. The passenger
systems segment is projected to grow at a higher rate than the non-passenger
systems segment from 2018 to 2023. The increased deployment of self-check-in
and bag drop systems at airports is leading to the growth of the passenger
systems segment of the market.
https://www.marketsandmarkets.com/pdfdownload.asp?id=978
The Asia Pacific airport information systems market is projected
to grow at the highest CAGR during the forecast period.
The Asia Pacific airport information systems market is projected
to grow at the highest CAGR from 2018 to 2023. The growth of the Asia Pacific
airport information systems market can be attributed to the increased air
passenger traffic in the region. Growing disposable income of the middle-class
population of emerging economies such as China and India of the Asia Pacific
region is also contributing to the growth of the airport information systems
market in the region. China is expected to be a major market for airport
information systems in the Asia Pacific region, owing to reforms in their
aviation regulations and policies, formulation of innovative airport business
models, and incorporation of innovative technologies in various airport
systems.
Key players in the airport
information systems market include SITA (Switzerland), Thales Group (France),
Rockwell Collins (US), Indra Sistemas (Spain), and IBM (US), among others.
Please explore relevant report "Air Traffic Control (ATC)
Market" also
.
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