Airport Information System Market By Industry Analysis Report, Regional Outlook 2019-2024

The Airport Information System Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the industry based on product segment, technology, end user segment and region.

Airport Information System Market is predicted to observe substantial growth rate from 2019 to 2025 impelled by proliferating demand for commercial and regional aircraft owing to reduced air fares along with enhanced air travel experience. Upgradation of existing airport infrastructure, technical modernization to enhance operational efficiency and prioritization of passenger convenience are some of the key factors that are strengthening the industry share till 2025.

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The aviation industry is adopting new and improved technologies such as near-field communications, video analytics, geolocation, thermal sensors and 3D face recognition for enhancing the overall airport efficiency. Moreover, industry players are rapidly investing in R&D for introducing advanced products and gain a competitive edge over the competition. For instance, Lufthansa Group offers an innovative BAGTAG device for attaching to the passenger bags for assisting with the baggage handling operations efficiently at the airport.

Stringent regulations associated with the aviation industry are positively impacting the airport information system market proliferation over the study timeframe. For instance, controlled access is mandated by the Federal Aviation Regulation (FAR) 1542. This regulation promotes the usage and installation of airport information systems such as Security Identification Display Area (SIDA) for preventing crimes and terrorism, positively influencing the industry share over the projected timeframe.

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Factors such as advancements in software technology, rising competition, and need for faster response to requests from passengers are paving way for innovations in the airport information system market place. For instance, Thales group in partnership with ARINC, upgraded the existing Doha Airport with specially designed and integrated airport security systems, that enabled for efficient management of passengers and goods, providing a positive outlook for the industry expansion. Further, the system also serves as an alternative for conveying information on silent airports.

Based on operation, the airport information system market is categorized into airside and terminal side. The growth in the airside segment is attributed to the requirement for efficient management of airport gate and flight operations. Advancements in software development and technology such as Airport Surface Detection Equipment (ASDE), Radar Data Processing & Display System (RDPDS), and weather detection software are offering highly efficient and advanced information for passengers, assisting them in knowing the details of their flights, thereby expanding their market share over the forecast timeframe.

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North America is expected to dominate the airport information system market place followed by Europe. This dominance is attributed to the increasing demand for aircrafts across the region. However, Asia Pacific is expected to showcase considerable growth in the airport information system market place. Increasing demand in air travel due to low fare price, rise in smartphone technology and discounts on flight tickets offered by multiple e-commerce platforms will positively contribute towards the airport information system market expansion till 2025.

The key players in the airport information system market place include IBM, Siemens, Inform, HCL infosystems, SITA, Rockwell Collins Inc., Amadeus IT Group SA, Microsoft, The Thales Group, NEC, Cisco Systems and Ultra Electronics Holdings. Industry players are engaged in partnerships and joint ventures for streamlining their business and gain significant market share. For instance, in January 2019, Collins Aerospace entered into a strategic collaboration with Inmarsat to offer JetConneX high-speed internet services to business jet operators through Level 1 Value Added Reseller Position.

Related Report: https://www.marketwatch.com/press-release/aircraft-ground-handling-system-market-in-passenger-handling-segment-will-showcase-significant-growth-rate-over-2025-2019-05-06

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