Global Smart Airport Market Report 2022
Key players in the smart airport market are Amadeus IT Group SA, CISCO System Inc., Collins Aerospace, Daifuku Co. Ltd., Ascent Technologies, Honeywell International Inc., Huawei Technologies Co. Ltd.
New York, June 14, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Smart Airport Global Market Report 2022″ – https://www.reportlinker.com/p06285608/?utm_source=GNW
IBM Corporation, Indra Sistemas SA, ITA, L3Harris Technologies Inc., Raytheon Company, RESA, Rockwell Collins Inc, Lufthansa Systems GmbH & Co. KG., Saber Corporation, Siemens AG, SITA, Thales Group, T-Systems, Vision-Box , Wipro Limited, Zensors, Ascent Technology Inc., Adelte, Amadeus IT Group, Ansul, Cisco System, Deerns Airport System Consultants, FB Technology, Gentrack and Huawei Investment & Holding Co. Ltd..
The global smart airport market is expected to grow from $6.18 billion in 2021 to $6.90 billion in 2022 at a compound annual growth rate (CAGR) of 11.53%. The market is expected to reach $12.32 billion in 2026 at a CAGR of 15.61%.
The smart airport market includes sales of smart airport products and related services by entities (organizations, individual merchants, and partnerships) that develop smart airports. Smart airports use advanced technologies such as smart building management, cybersecurity, GPS and sensors, Internet of Things (IoT), blockchain and artificial intelligence (AI).
The main types of smart airport services include smart transportation and parking services, smart retail, hospitality and entertainment services, smart workplace services, smart airport processes, smart business-to-business services. By infrastructure, types of smart airport products include terminals, communication systems, passenger, cargo and baggage ground handling control, air/ground traffic control, security systems, etc.
Smart airport products and services are used landside, airside and terminal side. They are mainly used in basic applications and commercial applications.
The main end users of the smart airport are the implementation, upgrades and service industries.
North America was the largest region in the smart airport market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.
Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Companies in the aviation industry around the world are focusing on green initiatives to protect the environment. Several airlines are trying to become more sustainable.
According to the International Council on Clean Transportation (ICCT), air travel produces around 3% of global carbon dioxide emissions and is one of the fastest growing sources of greenhouse gases. In order to reduce greenhouse gas emissions, companies in the aviation market are focusing on taking green initiatives.
For example, in February 2020, Delta Air Lines committed $1 billion to becoming carbon neutral by 2030. In July 2020, JetBlue became the first and only U.S. airline to voluntarily offset all carbon dioxide emissions. carbon for all its domestic flights.
Thus, the growing green initiatives of the aviation industry are contributing to the growth of the smart airport market.
Technological advancements such as the use of Internet of Things (IoT) in aircraft parts and manufacturing procedures are a key trend in the smart airport market. Companies around the world have started implementing cloud-based platforms to develop a new aircraft, engine, system or component. pattern.
The cloud platform helps simplify the design process by bringing together vendors, system integrators, software developers, and other stakeholders in the design and manufacturing ecosystem on a virtual platform. For example, in 2020, Vertical Aerospace, a UK-based aerospace industry innovator, used Dassault Systèmes’ cloud-based 3DExperience platform to develop its third all-electric vertical take-off and landing aircraft.
Vertical Aerospace used the 3DExpereince platform to improve coordination between its design, engineering, test and manufacturing disciplines and provide access to all the engineering documentation it needs in the cloud to enable work effective at home.
In December 2021, ADB SAFEGATE acquired DBT Transportation Services LLC. DBT Transportation Services specializes in weather systems, sensor technologies and services primarily for the aerospace industry.
ADB SAFEGATE is committed to providing airport performance, delivering unparalleled ground movement and visual guidance capabilities.
The countries covered in the Smart Airport market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK United and the United States.
Read the full report: https://www.reportlinker.com/p06285608/?utm_source=GNW
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