Dublin, Sept. 02, 2024 (GLOBE NEWSWIRE) -- The "Airport Information Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Airport Information Systems was estimated at US$3.2 Billion in 2023 and is projected to reach US$4.1 Billion by 2030, growing at a CAGR of 3.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The primary goal of AIS is to enhance efficiency, improve passenger experience, and ensure safety and security. FIDS, for example, provide real-time updates on flight schedules, gate assignments, and boarding times, crucial for both passengers and airport staff. Baggage handling systems ensure that luggage is accurately tracked and delivered to the correct destinations, reducing the risk of lost or delayed baggage. Passenger processing systems, including automated check-in kiosks and biometric verification, expedite the movement of passengers through check-in, security, and boarding procedures.
How Do These Systems Enhance Airport Operations?
The integration of various Airport Information Systems significantly enhances the operational efficiency of airports. Resource management systems, for example, allocate gates, manage ground support equipment, and schedule staff shifts to ensure optimal use of resources and smooth operations. Advanced security systems employ technologies such as biometric screening, AI-driven surveillance, and automated threat detection to maintain high security levels while minimizing delays.
Moreover, the implementation of AIS contributes to better coordination and communication among different stakeholders, including airlines, ground handlers, and airport authorities. This integration facilitates the sharing of critical information, leading to more informed decision-making and swift resolution of issues. Ultimately, these systems work together to create a seamless travel experience, reduce operational costs, and increase airport capacity and throughput.
What Are the Key Components of AIS Infrastructure?
The infrastructure of Airport Information Systems is composed of several key components, each playing a critical role in the overall functionality of the airport. Data management and analytics platforms aggregate and analyze vast amounts of data generated by various AIS, providing actionable insights to airport management. Internet of Things (IoT) devices, including sensors and beacons, collect real-time data on passenger flow, environmental conditions, and equipment status, feeding this information into centralized systems for analysis and response.
Communication networks, both wired and wireless, ensure robust and reliable data transmission across the airport. Cloud-based solutions offer scalable and flexible platforms for managing AIS, enabling airports to quickly adapt to changing demands and integrate new technologies. Additionally, cybersecurity measures are essential to protect sensitive information and ensure the integrity of AIS against cyber threats.
What Is Driving the Growth in the AIS Market?
The growth in the Airport Information Systems market is driven by several factors, reflecting advancements in technology, evolving consumer behavior, and the increasing complexity of airport operations. One of the primary drivers is the rising adoption of automation and digitalization in airports, aiming to enhance operational efficiency and passenger experience. The surge in global air travel demand necessitates the expansion and modernization of airport infrastructure, thereby increasing the need for advanced AIS. Consumer expectations for a seamless and hassle-free travel experience are prompting airports to invest in state-of-the-art passenger processing and baggage handling systems.
Additionally, the implementation of stringent security regulations requires sophisticated security systems capable of managing and processing vast amounts of data. The increasing availability and affordability of IoT devices and cloud computing solutions are enabling airports to adopt comprehensive AIS without significant upfront costs. Lastly, government initiatives and investments in smart airport projects are further propelling the growth of the AIS market, as airports seek to leverage cutting-edge technologies to stay competitive and meet the needs of modern travelers.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Airport Operation Control Center (AOCC) Function segment, which is expected to reach US$2.7 Billion by 2030 with a CAGR of a 3.5%. The Departure Control System (DCS) Function segment is also set to grow at 3.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $872.3 Million in 2023, and China, forecasted to grow at an impressive 5.9% CAGR to reach $827.2 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amadeus IT Group SA, Ikusi, Inform GmbH, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 244 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $3.2 Billion |
Forecasted Market Value (USD) by 2030 | $4.1 Billion |
Compound Annual Growth Rate | 3.5% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- Airport Information Systems - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
MARKET TRENDS & DRIVERS
- Automation & Digitalization Spurs Growth in AIS Adoption
- Expanding Global Air Travel Necessitates Advanced AIS
- Consumer Demand for Seamless Travel Generates Opportunities for AIS Innovations
- Rising Security Concerns Propel Adoption of Advanced Security Systems
- Cloud Computing Expands Addressable Market Opportunity for AIS
- Government Initiatives & Investments in Smart Airports Drive Market Growth
- Biometric Verification Systems Drive Adoption in Passenger Processing
- Real-Time Data Processing Accelerates Demand for Robust AIS Networks
- Advanced Baggage Handling Systems Minimize Lost Luggage Incidents
- Airport Expansion Projects Generate Demand for Comprehensive AIS Solutions
- Mobile Technologies and 5G Expansion Propel Growth in Passenger Self-Service Solutions
- AI-Driven Customer Support Systems Enhance Passenger Satisfaction
FOCUS ON SELECT PLAYERS(Total 41 Featured)
- Amadeus IT Group SA
- Ikusi
- Inform GmbH
- Northrop Grumman Corporation
- RESA Airport Data Systems
- Rockwell Collins, Inc.
- Siemens AG
- SITA
- Ultra Electronics Holdings PLC
For more information about this report visit https://www.researchandmarkets.com/r/3sxfcn
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