Report Summary

The global smart airport market size was valued at USD 12.10 billion in 2017 and is anticipated to grow at a CAGR of 11.2% during the forecast period. Smart airports provide seamless accessibility and control of operations through mobile devices or remotely through wireless communication. Smart airport solutions include smart gates, beacon technology, mobile devices to navigate the airports, and face recognition systems. It is also responsible for managing IP-based security monitoring, check in management, air traffic management, baggage, communications, ticketing, information systems, freight operations information systems, air traffic management, and airways analytics. Smart airport solutions offer fast, convenient, affordable, comfortable and flexible alternatives to travelers and commuters. Airports across the world are adapting, evolving, and adopting smart technologies to cater to the growing air traffic, and increasing user demands.

The growing penetration of mobile and smart devices, and increasing implementation of self-service kiosks at airports primarily drive the market growth. The growing adoption of Internet of Things, and increasing need to simplify and enhance user experience has accelerated the market growth. The increasing security concerns coupled with growing need to offer personalized services to travelers propels the market growth.

The growing demand for real-time information, wide scale adoption of IoT, and increasing adoption of energy efficient systems are factors expected to provide growth opportunities to during the forecast period. The increasing adoption of intelligent technologies, and evolving regulatory mandates in several countries supports the industry growth. The growing technological advancements in the aviation sector, modernization of old airports, and increasing implementation of green technologies would drive the smart airport industry growth during the forecast period.

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Segment Analysis

The global smart airport market report segments the market on the basis of component, infrastructure, solution, application, and geography. Based on the component, the market is segmented into hardware, software, and services. In 2018, the hardware segment dominated the global smart airport industry. The hardware segment accounted for the highest share owing to significant use of hardware equipment such as sensors, cameras, switches, relays, dimmers, storage devices, monitors, thermostats, valves, actuators, and pumps among others.

The infrastructure segment in the global smart airport industry is categorized into communication systems, air/ground traffic control, security systems, passenger, cargo, & baggage ground handling control, endpoint devices, and others. The Passenger, Cargo, & Baggage Ground Handling Control accounted for the highest share in the global market owing to increasing air traffic, rising penetration of mobile devices, and growing adoption of Internet of Things.

The solution segment in the global smart airport industry is categorized into terminal side, air side, and landside. The terminal side accounted for the highest share in the global market and includes baggage handling, check-in systems, building operations, and sustainable energy management. The global report categorizes the application segment into aeronautical operations, and non-aeronautical operations. The Aeronautical operations segment accounted for the highest share in the market in 2018.

Smart Airport Market Scope

By Component By Infrastructure By Solution By Application By Region Hardware

Software

Services Communication Systems

Air/Ground Traffic Control

Security Systems

Passenger

Cargo & Baggage Ground Handling Control

Endpoint Devices

Others Terminal Side

Air Side

Landside Aeronautical Operations

Non-Aeronautical Operations North America (U.S., Canada)

Europe (Germany, UK, France, Italy, Spain, Belgium, Russia, Netherlands)

Asia-Pacific (China, Japan, India, Australia, Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines)

Latin America (Brazil, Mexico, Argentina)

Middle East and Africa (UAE, Saudi Arabia, South Africa)

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Regional Analysis

The report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., and Canada. Europe is divided into Germany, UK, France, Italy, Spain, Belgium, Russia, Netherlands, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines and Rest of Asia-Pacific.

North America dominated the market in 2017 owing to the established telecommunication industry and cloud infrastructure, and growing penetration of mobile devices. The rising need for automation, and growing concerns regarding security and energy savings support the market growth in this region.

Competitive Landscape

The vendors in the market are launching new products to meet the growing customer needs. In addition, the leaders in the market are acquiring and collaborating with top companies in the market to enhance their offerings in the market and expand their customer base. The Smart Airport industry is highly competitive with the presence of many small and large vendors. The leading players in the market include Siemens AG, Rockwell Collins, Inc., Thales Group, IBM Corporation, Cisco Systems, Inc., International Business Machines Corporation, T Systems International GmbH, Amadeus IT Group SA, Honeywell International Inc., and Indra Siestma S.A. among others.