Advanced Airport Technologies Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032
The Global Advanced Airport Technologies Market Size collected USD 27.2 Billion in 2022 and is set to achieve a market size of USD 45.3 Billion in 2032 growing at a CAGR of 4.8% from 2023 to 2032.
Advanced Airport Technologies Market Report Statistics
- Global advanced airport technologies market revenue is estimated to reach USD 45.3 billion by 2032 with a CAGR of 4.8% from 2023 to 2032
- North America advanced airport technologies market value occupied over USD 7 billion in 2022
- Asia-Pacific advanced airport technologies market growth will record a CAGR of over 5% from 2023 to 2032
- Among type, the passenger, baggage, and cargo handling control systems sub-segment generated around 30% share in 2022
- Increased use of drones is a popular advanced airport technologies market trend that fuels the industry demand
Earlier, whole-body imaging systems were used at airport checkpoints but owing to technological advancements, various smart technologies have been deployed at airports and have revolutionized the growth of the global advanced airport technologies market. These advancements are due to bomb blasts in airplanes due to increasing terrorist activities. Advanced airport technologies are used in several airport systems including digital signage systems, airport communications, fire, airport management systems, car parking systems, and others. Advanced airport technologies also include land mobile radio, advanced radar systems, display technologies, common-use networks, check-in systems, and control software for self-service kiosks and passengers. The introduction of advanced jumbo aircraft has encouraged key market players to come up with advanced technologies to facilitate airport infrastructure systems and maintain them with ease. GPS-based approaches and land control systems are some of the freshly implemented technologies in advanced airport technology. One of the recent developments in advanced airport technologies is the avian radar system which helps in tracking flying birds and displaying real-time activities. Passengers mostly use mobile devices and smartphones for baggage status, flight status, and airport directions since the majority of airports and airlines are anticipated to offer such services over the forecast period. 90% of airports and 100% of airlines, globally, are investing in business intelligence solutions to furnish advanced software mechanisms across various airport operations.
Global Advanced Airport Technologies Market Dynamics
Market Drivers
- Rising demand for air travel
- Increasing focus on passenger experience
- Growing concerns over security
- Integration of the Internet of Things (IoT)
Market Restraints
- High installation and maintenance costs
- Privacy and data security concerns
Market Opportunities
- Adoption of biometric technology
- Rise of smart airports
Advanced Airport Technologies Market Report Coverage
| Market | Advanced Airport Technologies Market |
| Advanced Airport Technologies Market Size 2022 | USD 27.2 Billion |
| Advanced Airport Technologies Market Forecast 2032 | USD 45.3 Billion |
| Advanced Airport Technologies Market CAGR During 2023 - 2032 | 4.8% |
| Advanced Airport Technologies Market Analysis Period | 2020 - 2032 |
| Advanced Airport Technologies Market Base Year | 2022 |
| Advanced Airport Technologies Market Forecast Data | 2023 - 2032 |
| Segments Covered | By Type, And By Geography |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | ActivIdentity Corp., A4 Vision, Inc., American LaFrance Corp., Alstom Aerospace Airports Ltd., Aeronautical Radio, Incorporated (ARINC), Analogic Corp., Cisco Systems, Inc., Bosch Security Systems, Inc., Syagen Technology, Inc., Siemens Airports, Rockwell Automation and Vanderlande Industries. |
| Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Advanced Airport Technologies Market Growth Factors
Increasing security issues, rising mass capacity at airports, illegal immigration, and an increasing number of airlines are some of the major factors driving the demand for advanced airport technologies. Moreover, privatization is another major factor fuelling the growth of the global advanced airport technologies market. Improper execution of airport technologies and smart systems is anticipated to hamper the growth of the global advanced airport technology market. Also, the rising demand for self-service processes as well as automated services is another major factor bolstering the demand for advanced airport technologies across the globe.
Advanced Airport Technologies Market Segmentation
The worldwide advanced airport technologies market is categorized based on type, and geography.
Advanced Airport Technologies Market By Type
- Airport Communications
- Airport Management Software
- Car Parking Systems
- Passenger, Baggage, and Cargo Handling Control Systems
- Airport Digital Signage Systems
- Landing Aids, Guidance, and Lighting
According to the advanced airport technologies market forecast, the passenger, baggage, and cargo handling control systems segment is expected to dominate the advanced airport technologies market in the coming years. Baggage handling systems, passenger boarding bridges, aircraft loading and unloading systems, and cargo handling systems are all included in this segment. Increased demand for air travel, as well as a focus on improving the passenger experience and lowering operational costs, is driving the adoption of these technologies in airports around the world. Furthermore, the growing emphasis on security and safety is driving the adoption of advanced baggage and cargo screening technologies, which fall under this category.
Advanced Airport Technologies Market Regional Outlook
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Advanced Airport Technologies Market Regional Analysis
North America is a mature market for advanced airport technologies, with significant adoption and investment. Some of the world's largest airports, including John F. Kennedy International Airport and Los Angeles International Airport, are located in the region and are implementing advanced technologies to improve operational efficiency and passenger experience. The region's growth is also being driven by a focus on improving security measures and an increase in demand for passenger and baggage screening technologies.
With a large number of new airports being built and existing airports being expanded and modernized, the Asia-Pacific region is a rapidly growing market for advanced airport technologies. The region has some of the world's fastest-growing economies, and rising air travel demand is driving the adoption of advanced airport technologies to boost operational efficiency and passenger experience. The emphasis on smart cities and infrastructure development is also driving advanced technology adoption.
Advanced Airport Technologies Market Players
Some of the key players in the global advanced airport technologies market include ActivIdentity Corp., A4 Vision, Inc., American LaFrance Corp., Alstom Aerospace Airports Ltd., Aeronautical Radio, Incorporated (ARINC), Analogic Corp., Cisco Systems, Inc., Bosch Security Systems, Inc., Syagen Technology, Inc., Siemens Airports, Rockwell Automation and Vanderlande.
Frequently Asked Questions
What was the market size of the global advanced airport technologies in 2022?
The market size of advanced airport technologies was USD 27.2 Billion in 2022.
What is the CAGR of the global advanced airport technologies market during forecast period of 2023 to 2032?
The CAGR of advanced airport technologies market is 4.8% during the analysis period of 2023 to 2032.
Which are the key players operating in the market?
The key players operating in the global market are ActivIdentity Corp., A4 Vision, Inc., American LaFrance Corp., Alstom Aerospace Airports Ltd., Aeronautical Radio, Incorporated (ARINC), Analogic Corp., Cisco Systems, Inc., Bosch Security Systems, Inc., Syagen Technology, Inc., Siemens Airports, Rockwell Automation and Vanderlande.
Which region held the dominating position in the global advanced airport technologies market?
North America held the dominating position in advanced airport technologies market during the analysis period of 2023 to 2032.
Which region registered the fastest growing CAGR for the forecast period of 2023 to 2032?
Asia-Pacific region exhibited fastest growing CAGR for advanced airport technologies market during the analysis period of 2023 to 2032.
What are the current trends and dynamics in the global advanced airport technologies market?
The current trends and dynamics in the advanced airport technologies industry include rising demand for air travel, increasing focus on passenger experience, and growing concerns over security.
Which type held the maximum share in 2022?
The passenger, baggage, and cargo handling control systems type held the maximum share of the advanced airport technologies market.
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