Airport IT Systems Market Research Report - Global Forecast to 2030

Airport IT Systems Market by Function (AOCC, DCS), Software (Passenger System, Non Passenger System), Application (Terminal Side, Airside) , Airport Size (Class-A, Class-B, Class-C, Class-D), Cost (Integration, Procurement, Operation) & Region - Forecast Till 2030

ID: MRFR/A&D/2571-HCR | January 2023 | Region: Global | 111 Pages         

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Airport IT Systems Market

Airport IT Systems Market Size is expected to reach USD 7.2 Billion by 2030, registering a CAGR of 3.40% during 2022-2030.

Segmentation
By Airport Size AOCC DCS
By Software Passenger System Non Passenger System
By Function DC AOCC
By Application Airside & Terminal Side.
By Cost Procurement Integration And Operation
Key Players
Companies Profiled   Resa airport data systems (France)   Rockwell Collins (US)   INFORM GmbH (Germany) & Siemens AG (Germany)   IBM (US)   Thales Group (France)   Amadeus IT Group SA (Spain)   Ultra Electronics Holdings (UK)   Northrop Grumman Corporation (US)   SITA (Geneva)   IKUSI (Spain)
Drivers
Market Driving Forces   Increasing The Adoption Of Highly Advanced Technology In The Airport For Better Operational Efficiency
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Airport IT Systems Market Overview:


Airport IT Systems Market Size is expected to reach USD 7.2 Billion by 2030, registering a CAGR of 3.40% during 2022-2030. A collection of technology systems used to present flight information to passengers at airports is called an airport information system. It uses electronic or mechanical television screens situated throughout the terminal, with virtual copies of the systems available on the airports' websites. With the advent of technology, airport IT systems are meant to deliver effective and dependable airport information systems. The airport operations control centre ensures that an airport's greatest productivity contributes to effective safety and automation. The departure control system handles the passenger experience from check-in to the exit. In addition to passenger information display systems, airport IT systems provide luggage handling and management systems. These systems can provide personnel with information and announcements, advertise to passengers, provide airplane departure times, and provide weather updates.


The market's growth is fueled by rising air traffic and growing demand for real-time data sharing among passengers. Furthermore, the market is driven by increasing airport expansion projects and the modernisation of airport infrastructure.


As the number of people flying increases, so does the number of airports, creating a demand for Airport Information Systems. Airport passenger communications tactics are projected to change dramatically in the next years, owing to the growing importance of mobile applications in customer interaction. Airports have emphasised passenger mobile applications to improve customer relationship management by offering real-time information and exploring potential commercial prospects, which is projected to benefit the airport information systems industry.


High upgrading expenditures and information-sharing requirements, on the other hand, are major roadblocks to market expansion.


COVID-19 Analysis:


According to the data from the international air transport association, the global passenger revenues decrease by $314 billion in the year 2020, and it is a 55% decline in comparison to the previous year. 


Due to the coronavirus pandemic, travel restrictions were imposed by the countries. Also, the imposition of lockdown and social distancing guidelines affected the traveling experience. The government in almost all the countries declared a temporary shutdown in the airports; as a result, all the airport activities were on a halt. Due to this, the Airport IT Systems Market saw a huge decline in demand. As per the data of the international air transport association, the global airline passenger Asia Pacific will see a record revenue decline of $113 billion compared to last year. It was the highest decline out of all regions. There will be a 50% decrease in the passenger demand in this Asia Pacific region from last year due to the covid-19 pandemic. And due to this, it has Highly affected the airport IT systems, but the market will see positive growth in the forecast period when everything comes back to normal. The market key players will play a huge role in the Airport Information Systems Market Growth.


Market Dynamics:


Market Drivers:


One of the major drivers in the airport operations IT systems market is the growing air traffic and increasing need for real-time data information among passengers. Also, the expansion of airport infrastructure, urbanization, and modernization of airports will propel the Airport Operations IT Systems Market. According to the data of the international air transport association, the passenger can double to 8.2 billion by 2037, and the fastest-growing market is China, India, and the US, and it will drive the Airport IT Systems Market. Additionally, increasing the adoption of highly advanced technology in the airport for better operational efficiency and improved passenger experience will increase the demanding Airport Flight Information System and airport information display system across the international airports. The rise in investment in information technology in airlines will also drive the market across the globe. Apart from that, the airports are moving towards better architecture to meet the requirements for information sharing. Airports are developing multi-model transportation spaces for passengers that are digitally aware, easily accessible, interconnected, and intelligent. And it will drive the Airport IT Systems Market in the coming years.


Market Opportunity:


The adoption of smartphone-based solutions in combination with different activities during travel will boost the Airport IT Systems Industry. For example, e-check if boarding passes in provided to the passengers, which will help them from wasting time at the airports. Also, smartphones usage has created new opportunities for the market, such as web boarding passes. Also, the new opportunities for the market will come with the demand for effective and reliable airport information systems in the coming years.


Market Restraints:


High cost involved in the process of information-sharing systems, and these factors are hampering the growth of the Airport IT Systems Industry. Also, facial recognition algorithms have error rates that can affect security issues. The high cost of biometric devices and the problem IT systems will hamper the airport information systems.


Market Challenges:


Airports are using information sharing systems, and the scanners and monitors are connected to the airport systems. The airport system stores a huge amount of information that can be hacked by hackers. The hacking activities are increasing every day; as a result, it has become a challenge. It is difficult for the official to take good security measures. According to the European aviation security agency, there are 1000 cyberattacks per month. The key players are trying to overcome this market challenge to boost the market demand in the future.


Cumulative Growth Analysis:


The Airport IT Systems Market highlights the market was valued at $3.61 billion in the year 2017, and it will reach $4.37 billion in the year 2023 at a CAGR rate rod 3.41%. An increasing number of passengers and the adoption of advanced technology in airports will boost the Airport IT Systems Market in the forecast period.


Market Segmentation:


The Airport IT Systems Market is segmented on the basis of Size, Software, Function, Operations Cost, and Region.



  • By Airport Size- According to the Airport IT Systems Market size segment, the market is divided into class A, class B, class C, and class D.



  • By Software- On the basis of Software, the Airport IT Systems Market is further divided into passenger systems and non-passenger systems.



  • By Function- According to the Function, the Airport IT Systems Market is divided into DC and AOCC.



  • By Application-Airport IT Systems Market by Application includes airside and terminal side.



  • By Cost- On the basis of Cost, the market is segmented into procurement, integration, and operation.



  • Region- According to the Region, the market is further divided into North America, Europe, Asia Pacific, and the rest of the world.


Regional Analysis:


The Major Regions in the Airport IT Systems Market are North America, Europe, Asia Pacific, and the rest of the world. The North American region holds the highest share in the Airport IT Systems Market due to the increasing safety and air traffic. Also, the presence of great manufacturers in the aviation industry will drive the Airport Information Systems Market Growth in this region. Asia Pacific region will be expected to register the highest CAGR in the forecast period. The growth of the market in this region will be due to the rising number of airports, emerging economies in countries like India and China. Although the covid-19 pandemic has slowed down the growth rate in this region, the market will see significant growth during the forecast period. The European region will witness moderate growth in the market due to the rising number of airports across the region. Also, the presence of key players will drive the Airport Information Systems Market Growth.


Competitive Landscape:


The Major Key Players in the Airport IT Systems Industry are:



  • Resa airport data systems (France),¬†

  • Rockwell Collins (US),¬†

  • INFORM GmbH (Germany), and Siemens AG (Germany),¬†

  • IBM (US),¬†

  • Thales Group (France),¬†

  • Amadeus IT Group SA (Spain),¬†

  • Ultra Electronics Holdings (UK),¬†

  • Northrop Grumman Corporation (US),¬†

  • SITA (Geneva),

  • IKUSI (Spain).


Recent Developments:


As part of the Digi Yatra implementation in India, the Ministry of State for Civil Aviation in India announced in December 2021 that the Airports Authority of India (AAI) is working to deliver Biometric Boarding Systems to four Indian airports. This will greatly simplify the check-in procedure and allow for more efficient information transmission throughout the airport.


Airport Information Systems (AIS) upgraded the City of Derry Airport's Airport Management System to the latest version of their Flight Information Display System (FIDSnet) in July 2021, providing the airport with a cost-effective option by utilising Android Smart Boxes as Display Controllers.



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Frequently Asked Questions (FAQ) :

Airport IT System Market size is touted to expand at a rate of 3.40% in the next few years.

APAC can witness the fastest growth in the coming years.

North America is in the lead in the global Airport IT System Marketowing to the improving safety standards and the surge in air traffic.

The function-based market segments are AOCC, DCS and more.

The growth enhancing factors in the market include rise in smartphone-enabled solutions in combination with different activities during air travel.