Global Smart Airports Market Research Report 2021-2027

Global Smart Airports Market Research Report 2021-2027

Global Smart Airports Market to Reach $26.7 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Smart Airports estimated at US$14 Billion in the year 2020, is projected to reach a revised size of US$26.7 Billion by 2027, growing at aCAGR of 9.7% over the period 2020-2027. Terminal Side, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$18 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Other Solution Types segment is readjusted to a revised 10.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 11.9% CAGR

The Smart Airports market in the U.S. is estimated at US$3.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2027 trailing a CAGR of 11.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 9.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.6% CAGR.

The major players profiled in this report include:

• Amadeus IT Group SA
• Ascent Technology, Inc.
• Cisco Systems, Inc.
• Daifuku North America Holding Company
• Gentrack
• Honeywell Building Solutions
• IBM Corp.
• Indra Sistemas, S.A
• NEC Corporation of America
• NICE Systems Ltd.
• QinetiQ Group PLC
• Raytheon Company
• Sabre, Inc.
• Scarabee
• Selex ES S.P.A
• Siemens AG
• SITA SA
• Thales S.A.
• Wipro Ltd.

The end users/applications and product categories analysis:

On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-

• Endpoint Devices
• Communication Systems
• Passenger, Cargo and Baggage Ground Handling Control
• Air/Ground Traffic Control
• Security Systems

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Smart Airports for each application, including-

• Airline Sector

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