Airport Automation Market Overview:
IMR has released a fresh study on the Airport Automation Market, featuring self-defined tables and charts in an easy-to-read format. This report highlights emerging trends, key drivers, challenges, and new opportunities identified through analysis of market stakeholders. The growth of the Airport Automation market has been notably influenced by increasing global investments in R&D.
Airport Automation Market Size Was Valued at USD 7308.47 Million in 2023 and is Projected to Reach USD 12452.74 Million by 2032, Growing at a CAGR of 6.1% From 2024-2032.
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Some of the Top Leading Key Players:
Siemens AG (Germany),Honeywell International Inc. (United States),Thales Group (France),Rockwell Automation, Inc. (United States),SITA (Belgium),IBM Corporation (United States),Bosch Security Systems (Germany),Collins Aerospace (United States),ABB Group (Switzerland),Indra Sistemas SA (Spain),NEC Corporation (Japan),Vanderlande Industries (Netherlands),FPT Corporation (Vietnam),Vanderlande Industries (Netherlands),L3Harris Technologies, Inc. (United States),Panasonic Corporation (Japan),Daifuku Co., Ltd. (Japan),Smiths Detection Inc. (United Kingdom),BEUMER Group (Germany),Materna Information & Communications SE (Germany),Leidos Holdings, Inc. (United States),KUKA AG (Germany),Assa Abloy AB (Sweden),Optimation Technology, Inc. (United States),Rapiscan Systems (United States),Sick AG (Germany),Siemens Postal, Parcel & Airport Logistics GmbH (Germany) and other key players
The Airport Automation Market refers to the enterprise focused on enforcing superior technology to streamline and beautify airport operations. It consists of structures such as self-carrier kiosks, automatic luggage handling, biometric take a look at-ins, clever protection screening, and AI-powered site visitors management. These answers intention to enhance performance, reduce human error, beautify passenger enjoy, and growth safety. As air travel call for grows, airports adopt automation to address better volumes with restricted area and body of workers. The marketplace encompasses hardware, software, and offerings deployed throughout terminal, airside, and landside operations. Key drivers include virtual transformation, rising passenger expectations, and the want for operational cost discount.
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Segmentation Analysis of the Airport Automation Market
By Type
- Standard Terminal Automation and Replacement System (STARS)
- En Route Automation Modernization (ERAM)
By Application
- Baggage Handling and Tracking
- Ground Transportation and Parking
- Retail and Dinning
- Facility Management
- Passenger Service and Assistance
- Emergency Response and Safety
- Ground Support Equipment
- Air Traffic Management
- Airfield Management
By End-user
- Greenfield
- Brownfield
By Automation Level
- Level 1.0
- Level 2.0
- Level 3.0
- Level 4.0
Airport Automation Market Trend Analysis
- Enhanced Travel Experience Through Biometric Technology Adoption
- Digitalization And Emerging Technology Related To AI Automation
Key Industry Developments in the Airport Automation Market:
In Jan 2024, ABB announced to acquire a majority of software service provider Meshmind to expand its research and development capabilities in AI, Industrial IoT and machine vision. Through this acquisition ABB will integrate engineering talent, AI and software knowledge to form a new global R&D hub to further accelerate the development of innovative automation solutions within its Machine Automation division.
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Regional Analysis
Asia-Pacific is Expected to Dominate the Market Over the Forecast Period
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Objectives of the Report
▸ To carefully analyse and forecast the size of the Airport Automation by value and volume.
▸ To estimate the market shares of major segments of the Airport Automation
▸ To showcase the development of the Airport Automation in different parts of the world.
▸ To analyse and study micro-markets in terms of their contributions to the Airport Automation, their prospects, and individual growth trends.
▸ To offer precise and useful details about factors affecting the growth of the Airport Automation
▸ To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Airport Automation, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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