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Airport Information System Market : Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation

Published On : 02:22 AM, 19th December, 2017 REP-ID-506 Category: Defence, Marine & Aerospace

Airport Information System Market Overview

Airport information system is referred to a system which is used to manage airport operations. Flight information display system (FIDS), is widely used by numerous airports due to the system helps the passenger to get the information about their fights. It displays information to the public in a format selected by the airport.

Market Size and Forecast

The global airport information system market is expected to grow at a CAGR of 7.2% over the forecast period i.e. 2017-2024. Further, airport information system market is anticipated to reach USD 49.8 billion globally by 2024. Further, the market of airport information system is riding on the back of various factors such as growing importance of self-service airports and increasing IT spending on airports.

On the basis of solutions, the global airport information system market is segmented into flight information display system (FIDS), resource management solutions, public address systems, baggage processing, passenger processing, airport operations, airport information, and airport operational database (AODB). Further, the baggage processing segment is expected to dominate the overall segment by the end of 2024. Likely, this growth of baggage processing segment is attributed to increasing demand for proper baggage management.

Global Airport Information system market

On the basis of regional platform, the most prominent regional markets include North America and Europe. North America region is expected to dominate the market during the forecast period aided by U.S. Further, rising technological advancement in airport information system and increasing research and development in the field of aviation sector are believed to bolster the growth of airport information system market in this region.

Europe region captured the second largest market of airport information system in terms of revenue in 2016. Further, Western Europe countries such as U.K., Germany and others are the major contributors of airport information system market owing to rising number of air travelers.

Asia-Pacific region is believed to be the fastest growing airport information system market during the forecast period owing to rapid urbanization and advancement of airport information system. Further, Asia-Pacific is anticipated to grow at a CAGR of 7.3% over the forecast period owing to developing economies such as China and India. Moreover, government initiatives to improve airport infrastructure is one of the major factor which is propelling the growth of airport information system market in the region.

Market Segmentation

Our in-depth analysis segmented the global airport information system market in the following segments:

By Operation

  • Airside
  • Terminal side

By Solutions

  • Flight Information Display System (FIDS)
  • Resource Management Solutions
  • Public Address Systems
  • Baggage Processing
  • Passenger Processing
  • Airport Operations
  • Airport Information
  • Airport Operational Database (AODB)

By Airport Category

  • Commercial
  • Cargo
  • Reliever Service Airports

By Region

Global airport information system market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, Turkey, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, North Africa, Israel, South Africa, Rest of Middle East) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers and Challenges

Factors such as rising number of air travelers, rising demand for automated and self-service processes and expansion of aviation industry are believed to be the dynamic factor behind the rapid growth of airport information system across the globe. Moreover, increasing penetration of smartphone-enabled solutions is also bolstering the growth of airport information system market by the end of 2024.

Furthermore, rapid urbanization coupled with positive GDP figures of developed and developing nations is envisioned to boost the growth of airport information system market. In addition to this, technologically advancement in airport display system to manage the passengers properly and rising IT investment on airports are predicted to supplement the growth of airport information system market.

However, lack of integration of airport information systems in underdeveloped nations is envisioned to hinder the growth of airport information system market across the globe. Moreover, high cost associated with the implementation of airport information system is expected to hamper the growth of airport information system market over the forecast period.

Key players

The major key players for airport information system are as follows

  • Amadeus IT Group SA
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • SITA
  • Rockwell Collins, Inc.
  • Siemens Postal, Parcel & Airport Logistics GmbH
  • INFORM GmbH
  • Intersystems Group
  • Lockheed Martin Corporation
  • RESA, S.A.S.
  • VELATIA, S.L.
  • The Ultra Electronics Group

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global airport information system market is segmented as follows:

  • By Operation Market Size & Y-O-Y Growth Analysis
  • By Solutions Market Size & Y-O-Y Growth Analysis
  • By Airport Category Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

Key Answers

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