Global Smart Airport Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Smart Airport Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Airport Size (Small, Medium, and Large), Technology (Security Systems, Communication Systems, Passenger, Cargo, & Baggage Ground Handling Control, Air/Ground Traffic Control, and Others), Airport Model (Airport 2.0, Airport 3.0, and Airport 4.0), Operation (Non-Aeronautical, and Aeronautical), Application (Landside, Airside, and Terminal Side), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Smart Airport Market was valued at USD 3,372.5 million in 2023 and is expected to reach USD 9,288.0 million by 2031 while growing at a CAGR of 13.5% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global smart airport market growth. A smart airport employs advanced technologies and innovative solutions to boost operational efficiency, enhance passenger experience, and optimize overall airport management. These technologies are integrated into security, communication, check-in, baggage handling, and transportation, aiming to create a connected and efficient ecosystem benefiting both operators and passengers.
The smart airport market will thrive with the integration of advanced technologies like IoT, AI, and Big Data analytics, along with improvements in security and safety. However, obstacles such as high initial investment costs and legacy systems may impede market growth.
Furthermore, the global smart airport industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Technology Analysis
The Global Smart Airport Market is segmented among Security Systems, Communication Systems, Passenger, Cargo, & Baggage Ground Handling Control, Air/Ground Traffic Control, and Others, based on technology. In 2023, Passenger, Cargo, & Baggage Ground Handling Control accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Airport Model Analysis
The Global Smart Airport Market is segmented among Airport 2.0, Airport 3.0, and Airport 4.0, based on Airport Model. In 2023, Airport 3.0 accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Smart Airport Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Amadeus IT Group SA, Ascent Technology Inc., Cisco Systems, Inc., Collins Aerospace, Daifuku Co., Ltd, Honeywell International, Inc., Huawei Technologies Co., Ltd., IBM Corporation, Indra Sistemas, S.A, Infax, Inc., L3 Harris Technologies Inc., NEC Corporation, Raytheon Technologies Corporation., Sabre Corporation, Siemens AG., SITA., Smart Airport Systems (SAS), Thales, T-Systems International GmbH, and Wipro Limited.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Smart Airport Market Dynamics
Drivers
Restraints
Opportunity
4. Global Smart Airport Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Smart Airport Market Segmentation, By Airport Size
Global Smart Airport Market Share Analysis, By Airport Size
Global Smart Airport Market Growth Analysis, By Airport Size
Global Smart Airport Market Trends, By Airport Size
o Small
o Medium
o Large
6. Global Smart Airport Market Segmentation, By Technology
Global Smart Airport Market Share Analysis, By Technology
Global Smart Airport Market Growth Analysis, By Technology
Global Smart Airport Market Trends, By Technology
o Security Systems
o Communication Systems
o Passenger, Cargo, & Baggage Ground Handling Control
o Air/Ground Traffic Control
o Others
7. Global Smart Airport Market Segmentation, By Airport Model
Global Smart Airport Market Share Analysis, By Airport Model
Global Smart Airport Market Growth Analysis, By Airport Model
Global Smart Airport Market Trends, By Airport Model
o Airport 2.0
o Airport 3.0
o Airport 4.0
8. Global Smart Airport Market Segmentation, By Operation
Global Smart Airport Market Share Analysis, By Operation
Global Smart Airport Market Growth Analysis, By Operation
Global Smart Airport Market Trends, By Operation
o Non-Aeronautical
o Aeronautical
9. Global Smart Airport Market Segmentation, By Application
Global Smart Airport Market Share Analysis, By Airport Model
Global Smart Airport Market Growth Analysis, By Application
Global Smart Airport Market Trends, By Application
o Landside
o Airside
o Terminal Side
10. Global Smart Airport Market Segmentation, By Region
Global Smart Airport Market Share Analysis, By Region
Global Smart Airport Market Growth Analysis, By Region
Global Smart Airport Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
11. Competitive Landscape
Amadeus IT Group SA*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Ascent Technology Inc
Cisco Systems, Inc.
Collins Aerospace
Daifuku Co., Ltd
Honeywell International, Inc.
Huawei Technologies Co., Ltd.
IBM Corporation
Indra Sistemas, S.A
Infax, Inc.
L3 Harris Technologies Inc.
NEC Corporation
Raytheon Technologies Corporation.
Sabre Corporation
Siemens AG.
SITA.
Smart Airport Systems (SAS)
Thales
T-Systems International GmbH
Wipro Limited
*Similar analysis will be provided for each company listed above.