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Airport Information Systems Market to Exhibit 3.89% CAGR from 2021 to 2028; Rising Investment for Modernization and Renovation of Existing Airports to Augment Market Growth

October 26, 2021 | Aerospace & Defense

The global airport information systems market size is expected to gain momentum by reaching USD 4.20 billion by 2028 owing to increasing investment done on modernization and renovation of existing airports with advanced technology. This information is provided by Fortune Business Insights, in its report, titled, “Airport Information Systems Market Size, Share and COVID-19 Impact Analysis, By System (Airport Operation Control Center, and Departure Control System) By Airport (Class A, Class B, Class C, and Class D) By Type (Airside, and Terminal Side), By End-Use (Passenger Systems, and Non-Passenger Systems), By Investment (Brownfield, and Greenfield) and Regional Forecasts, 2021 – 2028 ”, mentions that the market stood at USD 3.17 billion in 2020 and USD 3.21 billion in 2021. It is further projected to exhibit a CAGR of 3.89% during the forecast period.


Bahrain International Airport Launch of New Passenger Terminal


In February 2021, Bahrain International Airport announced the launch of a new passenger terminal which is equipped with SITA technology to enhance the travelers’ experience. The Smart Path kiosks from SITA technology, is aided with biometric identification capabilities, this also helps in minimizing the contact of travelers with shared devices.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/airport-information-systems-market-103044


Growing Expenditure on IT Spending for Operational Improvement by Airports to Aid Growth


 The increasing adoption of next-generation technologies on airports, is expected to drive airport information systems market growth. As the advanced and innovative technology helps in achieving higher operational efficiency, it offers passengers a better experience. Thus, increased spending on Information Technology (IT) for airlines, is accelerating the market's demand.  For instance, as per a report published by SITA, airports and airlines have made an investment of record USD 50 billion in information technology (IT) in 2018 to enhance the passenger experience.


Key Players Focus on Agreement and Collaborations to Brighten Their Market Prospects


This market is experiencing healthy competition among key players focusing on developing and launching technologies to widen their product offerings and further foster sales revenues. Additionally, the other players are trying to maintain their position in the market by adopting strategies such as merger and acquisition, partnership, and collaboration that will contribute to the growth of the market in upcoming years.


Industry Development



  • September 2020 – The Federal Aviation Administration (FAA) Airport Technology Research and Development Branch made a contract of USD 2.4 million with Enterprise Engineering Services LLC (EES). This agreement includes software development, system engineering, programming, maintenance and support of databases.


List of Key Players Profiled in Report



  • ADB SAFEGATE (U.S.)

  • Amadeus IT Group S.A. (Spain)

  • Collins Aerospace (U.S.)

  • Damarel Systems International Ltd. (U.K)

  • IBM (U.S.)

  • IndraSistemas S.A. (Spain)

  • INFORM Software (Germany)

  • Northrop Grumman Corporation (U.S.)

  • Siemens (Germany)

  • SITA (Switzerland)

  • Thales Group (France)


Further Report Findings



  • North America is expected to hold the largest Airport Information Systems market share during the forecast period. This is attributable to the presence of key system integrators such as IBM, Collins Aerospace, in the region.  The region stood at USD 1.00 billion in 2020.

  • Europe is expected to showcase a significant rise owing to the increased spending on the aviation sector in the U.K., Germany, France, Russia, and others. Furthermore, presence of key market players such as Indra Sistemas S.A., Siemens, Thales Group, is driving the regional market. 

  • Based on the system, this market is divided into the departure control center and airport operational control center. Out of these, the airport operational control center segment held the highest shares in 2020. This is attributable to increasing demand for improved operational efficiency at airports.  


Table of Segmentation





















































  ATTRIBUTE



  DETAILS



Study Period



2017-2028



Base Year



2020



Forecast Period



2021-2028



Historical Period



2017-2019



Unit



Value (USD Billion)



Segmentation



System; Airport; Type; End Use; Investment, and Geography



By System



  • Airport Operation Control Center

  • Departure Control System



By Airport



  • Class A Airport

  • Class B Airport

  • Class C Airport

  • Class D Airport



By Type



  • Airside

  • Terminal Side



By End-Use



  • Passenger System

  • Non-passenger System



By Investment



  • Greenfield

  • Brownfield



By Geography


 




  • North America (By System, Airport, Type, End-Use, Investment, and Country)

    • U.S. (By System, Airport, Type, End-Use, Investment)

    • Canada (By System, Airport, Type, End-Use, Investment)



  • Europe (By System, Airport, Type, End-Use, Investment, and Country)

    • U.K. (By System, Airport, Type, End-Use, Investment)

    • Germany (By System, Airport, Type, End-Use, Investment)

    • France (By System, Airport, Type, End-Use, Investment)

    • Russia (By System, Airport, Type, End-Use, Investment)

    • Rest of Europe (By System, Airport, Type, End-Use, Investment)



  • Asia Pacific (By System, Airport, Type, End-Use, Investment, and Country)

    • Japan (By System, Airport, Type, End-Use, Investment)

    • China (By System, Airport, Type, End-Use, Investment)

    • India (By System, Airport, Type, End-Use, Investment)

    • Australia (By System, Airport, Type, End-Use, Investment)

    • Rest of Asia Pacific (By System, Airport, Type, End-Use, Investment)



  • Middle East (By System, Airport, Type, End-Use, Investment, and Country)

    • UAE (By System, Airport, Type, End-Use, Investment)

    • Saudi Arabia (By System, Airport, Type, End-Use, Investment)

    • Israel (By System, Airport, Type, End-Use, Investment)

    • Turkey (By System, Airport, Type, End-Use, Investment)

    • Rest of the Middle East (By System, Airport, Type, End-Use, Investment)



  • Rest of the World (By System, Airport, Type, End-Use, Investment, and Sub-Region)

    • Latin America (By System, Airport, Type, End-Use, Investment)

    • Africa (By System, Airport, Type, End-Use, Investment)




Airport Information Systems Market
  • PDF
  • 2020
  • 2017-2019
  • 200

    CHOOSE LICENSE TYPE

  • 4850
    5850
    6850

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