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 2023
Market Scenario
Airport IT systems are designed to ensure cost-effective, passenger-friendly, and efficient airport operations. It collects a large volume of electronic information within the airport, which ensures the smooth flow of information for airport operations, management, and security. The aviation industry is focused on more effective and reliable airport information systems in the future years as passengers become more used to technological gadgets and digital devices. The Airport Operations Control Center (AOCC) ensures maximum productivity of an airport with the help of improved safety protocols and process automation and high operational efficiency. The Departure Control System (DCS) manages the passenger experience from check-in to departure to optimise the airport revenue. However, stringent government regulations are hampering the growth of the airport IT systems market.
The rise in smartphone-enabled solutions in combination with different activities during air travel is providing a huge boost to the airport IT systems market. For instance, e-check of boarding passes is being provided to passengers, which helps them save valuable time and avoid long waiting time at airports. In addition to that, smartphones usage has created new business opportunities, such as web boarding pass, between the passengers and airlines. The increase in demand for advanced kiosks at airports is another business opportunity for market players.
The factors influencing the growth of the airport IT systems market are the increasing passenger traffic, need for real-time information sharing and collaboration, need for risk management through airport information systems, data sharing regulations, and the high cost of upgrades. Significant technological development in the airport IT systems market has resulted in reduced operational and capital costs. With airport authorities seeking new ways of achieving operational efficiency and enhancing the passenger experience, the market for airport IT systems is expected to register a high growth rate during the forecast period. Meanwhile, Amadeus signed an agreement with Hong Kong International Airport (HKIA) to implement the first hot-swappable battery-powered mobile check-in kiosks that improve the travel experience for passengers. Similarly, Siemens signed a contract with Dubai International Airports to provide operation and maintenance (O&M) services for airport baggage and material handling systems.
The airport IT systems market is segmented based on cost, function, software, application, airport size, and region. On the basis of airport size, the class-B segment is widely used and comprises the largest market share due to increase in the number of air passenger traffic. On the basis of function, the Airport Operation Control Center (AOCC) is expected to witness the highest CAGR during the forecast period, due to increased investments by airport authorities towards modernization of AOCC. On the basis of software, non-passenger systems are expected to witness the highest CAGR during the forecast period. Among applications, the terminal side segment is expected to witness the highest CAGR during the forecast period. On the basis of cost, integration cost segment is widely used and comprises the largest market share due to resource maximization and airport infrastructure.
The market is segmented based on region into North America, Asia Pacific, Europe, the Middle East & Africa, and South America. The North American region is expected to dominate the market due to rapidly improving safety standards and increasing air traffic. Europe is second to the North America airport IT systems market due to extensive investments in enhancing airport security by installing intelligent security systems. Asia Pacific is the fastest growing region in airport IT systems market due to increasing investments in technological developments, to improve the airport efficiency. Thus, the global airport IT systems market is estimated to witness approximately 6% CAGR from 2018 to 2023.
Key Players
The key players in the global airport it systems market are Resa airport data systems (France), Amadeus IT Group SA (Spain), Rockwell Collins (U.S.), INFORM GmbH (Germany), and Siemens AG (Germany), IBM (U.S.), Ultra Electronics Holdings (U.K), Northrop Grumman Corporation (U.S.), SITA (Geneva), Thales Group (France), and IKUSI (Spain).
Scope of Report
The report for Global Airport IT Systems Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
