Smart Airport Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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Smart Airport Market 2018 Smart Airport Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 The global smart airport market has grown drastically with innovative technologies that have enhanced user experiences. The rise in demand for real-time data is anticipated to drive the market growth, as it help to ease the burden on airport infrastructure and manpower. The key growth drivers include modernization of previous airports, establishment of new airports, development in commercial aviation, and increase in green initiatives by the airports. The aim of constructing a smart airport is to create systems and processes that are digitally equipped and arranged, in terms of process efficiency and connectivity. A rising trend within the industry is the development and commercialization of recent intelligent technologies that provide a digital ecosystem, such as machine-driven arrival, flight booking management, and baggage and document checks to the passengers. Airports across the globe are progressively adopting technology-enabled devices, such as smart baggage system and on-site application of Internet of Things (LoT) to transform customer experiences. Moreover, development of queue management systems that utilize existing CCTV systems and predict the waiting time in arrival areas, security checkpoints, taxi lanes, and passport management will help to locate the passenger in less time. Queue management system counts the number of passengers captured within the CCTV cameras, calculate the waiting time, and predict the time spent by a traveler in a queue. 2
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Smart Airport Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Smart Airport Market Research Report - Global Forecast 2023” The introduction of various devices with innovative options, such as client identification through a unique heartbeat pattern with the assistance of biometric signatures and preparation of artificial intelligence technology, across airports are supporting the management of huge airport databases.
Smart robots are set to rise the productivity of the workforce, working at Singapore Changi airport. A smart wheelchair system, wheelchairs guided by vision-based technology is the latest technology which is to be implemented at the airport in the upcoming years. Different technologies include Roboto, a prototype robotic chef, which prepares ‘laksa’ for passengers in Sats Premier Lounge. 3
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Smart Airport Market 2018 Segmentation: The segment, terminal side is predicted to emerge as the largest section during the forecast period. Terminal side updated information is provide to the traveler on their smartphones so as to know the landing field kiosks. It also involves devices that provide location services and alerts for guiding traveler to their terminals and gates with personalized retail and hospitality offerings.
The smart airport market is estimated to grow at a CAGR of more than 12% during the forecast period of 2017-2023. This estimation of a CAGR is due to the rise in usage of digital technologies worldwide, aircraft companies are more focusing towards the digital transformation to enhance personal experience of the passengers.
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Smart Airport Market 2018 Application & Major Players in this Research: Smart Airport Market Prominent Players:
Honeywell Corporation Inc (U.S.), Rockwell Collins, Inc. (U.S.), IBM Corporation (U.S.), Cisco Systems Inc. (U.S.), Raytheon (U.S.), Kiewit (U.S.), SITA (Switzerland), Siemens AG (Germany), Larsen & Toubro (India), and Amadeus IT Group SA (Spain). Request a Sample Report @ https:// . www.marketresearchfuture.com/sample_request/5882 .
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Smart Airport Market 2018 Smart Airport Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: At present, airports are accumulating traveler data to provide various added advantage to passengers, such as data regarding the nearest retail locations, live updates on flight status, traffic and parking updates, guidance for arrival and baggage drop, directions for immigration check, and live updates on bus and taxi transportation services. The various application varieties analyzed, within the report, embrace aeronautical and non-aeronautical operations. The nonaeronautical segment is expected to witness important growth throughout the forecast period. Services such as retail outlets, advertising, smart parking, Wi-Fi, restaurants, lounge access, and personalized services are driving the growth in non-aeronautical applications. Airports, worldwide, have started diversifying their financial gain 6
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