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Apron Buses Market Share, Trend & Growth Forecast to 2032
Apron Buses Market size is poised to expand at over 9% CAGR from 2023-2032 propelled by the introduction of stringent environmental regulations.
With the escalating global concerns over carbon emissions, airports are compelled to adopt sustainable practices, leading to the surging demand for eco-friendly apron buses. The growing implementation of regulations for promoting lower emissions and fuel efficiency is prompting the development and integration of electric and hybrid apron buses. Airports and ground handling services worldwide are further prioritizing environmentally responsible solutions for reflecting the paradigm shift to greener technologies, in turn accelerating the industry expansion. For instance, in July 2023, EU-based Busnex launched DinoBus as a major player in the fully electric airport apron buses to keep up with the growing emphasis on environmental sustainability across the aviation sector.
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The overall industry is segmented into propulsion, capacity, and region.
Based on propulsion, the hybrid apron buses market is expected to witness significant expansion by 2032. The rising environmental consciousness is contributing to the growing adoption of hybrid apron buses across airports to reduce carbon footprint and operational costs. The higher integration of hybrid technology also ensures lower emissions and increased fuel efficiency for aligning with global sustainability goals. The massive investments led by airlines and airport authorities in these eco-friendly solutions will also boost the segment growth.
In terms of capacity, the large apron buses industry is anticipated to generate substantial revenue from 2023-2032 owing to the ongoing expansion of airport infrastructures globally to accommodate larger aircraft and increasing passenger volumes. These spacious and high-capacity apron buses help enhance the operational efficiency by facilitating the swift and comfortable movement of passengers across vast airport aprons. To that end, airlines and ground handling services are increasingly investing in large apron buses to streamline the boarding processes and improve overall passenger experience.
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Asia Pacific apron buses industry is set to exhibit robust growth through 2032, attributed to the burgeoning aviation sector and expanding airport infrastructure in the region. Moreover, investments and favorable initiatives by governments and airport authorities in modernizing their facilities, with a particular focus on enhancing passenger experience, sustainability, and operational efficiency will propel the regional industry outlook. For instance, in March 2023, Singapore announced green initiatives for land, air, and sea including the electrification of airside vehicles, public buses, and harbor craft, in addition to a new $50 million program to fund aviation-related projects to reduce carbon emissions.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Apron buses market 360º synopsis, 2018 - 2032
2.2 Business trends
2.3 Propulsion trends
2.4 Capacity trends
Chapter 3 Apron Buses Industry Insights
3.1 Impact of COVID-19
3.2 Industry ecosystem analysis
3.3 Vendor matrix
3.4 Profit margin analysis
3.5 Technology & innovation landscape
3.6 Patent analysis
3.7 Key news and initiatives
3.7.1 Partnership/Collaboration
3.7.2 Merger/Acquisition
3.7.3 Investment
3.7.4 Level of autonomy launch & innovation
3.8 Regulatory landscape
3.9 Impact forces
3.9.1 Growth drivers
3.9.1.1 Increasing air travel globally
3.9.1.2 A growing focus on environmental sustainability
3.9.1.3 Rise in investment in airport infrastructure
3.9.1.4 Rise of leisure and business travel
3.9.2 Industry pitfalls & challenges
3.9.2.1 Changes in airport operations
3.9.2.2 Airlines and airports facing financial challenges may defer investments
3.10 Growth potential analysis
3.11 Porter’s analysis
3.12 PESTEL analysis
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Strategic Analysis: Market Size and Share of Smart Airports in 2023
The Smart Airports Market is set for remarkable growth, with a projected expansion from USD 7.0 Billion in 2022 to USD 8.3 Billion by 2027, reflecting a robust CAGR of 3.5% over the forecast period. The market's ascent is driven by an escalating demand for advanced smart solutions, a response to the surging air-passenger footfall, showcasing a pivotal shift in the aviation industry.
Market Overview:
Strategic Growth Trajectory:
The Smart Airports Market is on a strategic trajectory, marked by a comprehensive forecast in the range of USD 7.0 Billion to USD 8.3 Billion by 2027, underlining a steady Compound Annual Growth Rate (CAGR) of 3.5% during 2022-2027. This trajectory is grounded in the increasing demand for sophisticated smart solutions, catering to the rising needs of air-passenger footfall on a global scale.
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Market Dynamics:
Dominance of Upgrades & Services:
The Upgrades & Service segment is anticipated to take the lead in the smart airports market during the forecast period. This surge is attributed to ongoing efforts to upgrade existing systems and solutions with advanced technologies, focusing on improving both passenger experience and operational efficiency. The market is propelled by a collective desire for enhanced maintenance and services to ensure the seamless operation of airport systems.
Endpoint Devices Steering the System Segment:
In the system segment, the Endpoint Devices category is projected to dominate market share during the forecast period. Airports worldwide are leveraging dependable endpoint devices, including biometrics, RFID, and beacons, to expedite the screening process. These advancements enhance customer experience and streamline airport operations, significantly raising security standards.
Airside Operations Taking the Lead:
Within the application segment, the airside category is slated to dominate market share during the forecast period. Smart operations at the airside, aimed at enhancing ground staff management and expediting aircraft turnaround, have witnessed substantial demand. This surge is evident in the adoption of advanced solutions such as sophisticated aircraft parking systems and cutting-edge maintenance and health monitoring.
Medium-Sized Airports Leading the Charge:
The medium-sized airport segment is positioned to lead the smart airports market during the forecast period. This leadership role is attributed to the increasing demand for the installation of advanced technologies in airports and the rising need for system modifications on a global scale.
Non-Aeronautical Operations at the Forefront:
In the operation segment, non-aeronautical operations are poised to dominate market share during the forecast period. Airports are strategically focusing on targeted digital advertising and other initiatives like inventory management and intelligent transport services to meet consumer expectations and drive the growth of the non-aeronautical segment.
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Geographical Insights:
Asia Pacific Spearheading Growth:
Asia Pacific is anticipated to account for the largest market share in 2022, with North America projected to witness the highest Compound Annual Growth Rate (CAGR) during the forecast period. The rise in air travel demand, growth in international tourism, and the advent of low-cost flights to developing nations like India are key factors fueling the surge in passenger traffic in the Asia-Pacific region. The increasing demand for automated procedures, including baggage handling and self-check-in services, is expected to support the significant expansion of smart airports in the Asia-Pacific region.
Key Market Players:
Major industry players driving the smart airports companies include SITA (Switzerland), THALES (France), Siemens AG (Germany), Amadeus IT Group SA (Spain), IBM Corporation (US), Cisco Systems Inc. (US), Indra Sistemas S.A. (Spain), Honeywell International Inc. (US), and L3Harris Technologies Inc (US). These players, with their cutting-edge solutions, play a pivotal role in shaping the market landscape and contributing to the industry's overall growth.
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Smart Airport Market Trends & Forecast: 2028
Smart Airport Market Size to Reach at a Highest CAGR of 19.6% by 2028
Smart Airport Market, By System (Endpoint Devices, Communication & Network Systems, Software & Solutions, Data Storage), Airport Size (Large, Medium, Small), Application (Terminal Side, Landside, Airside), Type (Airport 2.0, Airport 3.0, Airport 4.0), Operation (Aeronautical, Non-Aeronautical), End Market (Implementation, Upgrades & Service), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Market Overview
The global smart airport market is anticipated to reach USD 1.8 billion by 2020 growing at a CAGR of 19.6% during the forecasting period, 2020-2028. Factors such as increased demand for real-time information and growing advancement in connectivity technologies are driving the market for smart airport.
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Key Findings
The global smart airport market is segmented into the system, airport size, application, type, operation, end-market and, geography.
System segment is segmented into Endpoint Devices, Communication & Network Systems, Software & Solutions and, Data Storage
Airport Size segment is segmented into Large, Medium, and Small
Application segment is segmented into Terminal Side, Landside, and Airside
The type segment is segmented into Airport 2.0, Airport 3.0, and Airport 4.0
Operation segment is segmented into Aeronautical and Non-Aeronautical
The end-Market segment is segmented Implementation, and Upgrades & Service
Geographically, the global smart airport market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.
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Regional Analysis
North America region has come up as the prominent region for the leading share in the overall global market during the forecast period 2020-2028. The presence of leading companies such as Collins Aerospace, IBM Corporation, and Cisco Systems, Inc. are fuelling the market for smart airports.
Competitive Landscape
Key players in the global smart airport market are Collins Aerospace, IBM Corporation, Huawei Technologies Co., Ltd., Cisco Systems, Inc., Sabre Corp., Amadeus IT Group SA, SITA, Honeywell International Inc., Siemens AG, Thales Group, Indra Sistemas, S.A., Daifuku Co., Ltd., and among others
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Recent Developments
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
In 2019, Collins Aerospace Systems recreated Brazil’s Salvador - Deputado Luís Eduardo Magalhães International Airport (SSA) by providing several industry-leading solutions for increasing efficiency and improving passenger processing times
In 2019, IBM Corporation and Arrow Electronics launched the Smart Airport Asset Management solution for improving the performance of escalators, baggage handling, portable water cabinets, moving walkways
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Airport Operations Market Unidentified Segments – The Biggest Opportunity Of 2022
Latest business intelligence report released on Global Airport Operations Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Airport Operations market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis are
Collins Aerospace (Raytheon Technologies) (United States)
Altexsoft (United States)
Egis Group (France)
airsight GmbH (Germany)
ACS Aviation Solutions (Asutralia)
Adani Group (India)
Adacel ASX (United States)
Heathrow Airport Limited (United Kingdom)
ST Engineering (Singapore)
Coforge (India) Airport operations manage all the processes involved in the airport which ensures proper customer experience and includes passenger handling, baggage handling, and tagging. The airport operations consist of solutions and services which help in delivering improved customer service, gateway operators, TSA, etc., it also manages the airport traffic ensuring safety and efficiency in the airport operations. It includes landside operations, airside operations, billing & invoicing operations, and information management. Key Market Trends: Integration of Proprietary AI Platform for Analysis and Monitoring of Airport Traffic
Shifting Focus to Covert Airports from Government Organization to More Business Like Entities Opportunities: Surging Demand for the Advanced Technology in Airport Operations
Rising Commercialization and Privatization of Airports will Boost the Airport Operations Market Market Growth Drivers: Growing Air Traffic and Need for Improved Operational Planning
High Concentration of Movements with Demand for Handling all the Operations Involved in Airports for Providing Safety and Efficiency Challenges: Rapidly Changing Environment and Weather Condition Impacting the Technological Operation Involved in Airport The Global Airport Operations Market segments and Market Data Break Down by Type (Landside Operations, Airside Operations, Billing and Invoicing Operations, Information Management), Components (Software, Services), Airport (Commercial Service Airport, Cargo Service Airport, Reliever Airport, National Airport, Others), End User (Airport Operators, Handling Agents, Caterers/Commissary, Aeronautical Service Agencies, Others)
Presented By
AMA Research & Media LLP
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Airside services market is growing owing to increasing low cost carriers along with increasing passanger air traffic.Use of IT services, like bags scanning for security purpose are also increasing rapidly in mass rapid transit system that is also a prime growth factor of airside services market.
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Airside Services Market: Global Analysis of Key Manufacturers, Dynamics & Forecast 2020-2027
Airside services comprise services available at the airport in order to support on-time flight arrival and departure. These services include ramp handling, fuel & oil handling, baggage handling, aircraft maintenance, and various other services. Growth in liberalization of trade and tourism is expected to fuel the market growth in the future.
Exponential rise in passenger traffic and cargo volume, and increase in competitive rivalry between low-cost air service providers drive the global airside services market. Moreover, surge in usage of scanning machines in Mass Rapid Transit Systems (MRTS) that include various baggage scanning machines ensures safe transits. However, high maintenance cost and strict adherence to rules & regulations impede the market growth.
The global airside services market is segmented based on service type and geography. On the basis of service, it is classified into ramp handling, ground handling, aerobridges, aircraft maintenance, fuel & oil handling, and others. Geographically, it is analyzed across North America, Asia-Pacific, Europe, and LAMEA.
The key players operating in the market are Aeroground Flughafen Munchen GmbH, Aircraft Service International Group, Inc., Aloha Contract Services, Aviapartner, DAL Global Services LLC, Impel SA, Menzies Aviation PLC, Saudi Ground Services Company, Universal Aviation, and LSG Sky Chefs II.
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Key Benefits
The study provides an in-depth analysis of the global airside services market to elucidate the imminent investment pockets.
The report provides information about the key drivers, restraints, and opportunities with a detailed impact analysis.
Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to showcase the financial competency of the market.
Porters Five Forces model of the industry illustrates the potency of the buyers & suppliers participating in the market.
Airside Services Market Key Segmentation:
By Service Type
Ramp Handling
Ground Handling
Aerobridges
Aircraft Maintenance
Fuel & Oil Handling
Others
By Geography
North America
Asia-Pacific
Europe
LAMEA
U.S.
Mexico
Canada
Japan
China
Australia
India
South Korea
Taiwan
Rest of Asia-Pacific
Germany
France
UK
Italy
Spain
Rest of Europe
Brazil
Turkey
Saudi Arabia
South Africa
Rest of LAMEA
Key Players
Aeroground Flughafen Munchen GmbH
Aircraft Service International Group, Inc.
Aloha Contract Services
Aviapartner
DAL Global Services LLC
Impel SA
Menzies Aviation PLC
Saudi Ground Services Company
Universal Aviation
LSG Sky Chefs II
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#Airside Services Market#Airside Services Market share#Airside Services Market size#Airside Services Market deamnd#Airside Services Market growth#Airside Services Market trends.#Airside Services Market analysis#Airside Services Market forecast#Airside Services Market key players
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Airport IT Systems Market Trends, Regional & Country Share, Key Factors, Trends & Analysis, To 2030 global airport IT systems market is registered to expand steadily at a CAGR of 6% during the forecast period of 2018-2023
Key Players:
The prominent players profiled by MRFR in the report on the global airport IT systems market are Resa airport data systems (France), Amadeus IT Group SA (Spain), Rockwell Collins (the U.S.), INFORM GmbH (Germany), and Siemens AG (Germany), IBM (the U.S.), Ultra Electronics Holdings (the U.K), Northrop Grumman Corporation (the U.S.), SITA (Geneva), Thales Group (France), and IKUSI (Spain).
Market Overview
With the advent of advanced technology, the demand for cloud-based services and management of data and electronic information with the help of IT systems has become a necessity in the aviation industry. As per the report that has been published by Market Research Future (MRFR), the global airport IT systems market is registered to expand steadily at a CAGR of 6% during the forecast period of 2018-2023
Market drivers and Restraints
Increasing reliance on cloud-based services to collect6 and process large volumes of electronic information within the airport in order to ensure efficient airport operations is one of the major factors that are driving the growth of the global airport IT systems market. The dependency of passengers on smartphone-enabled solutions and e-services owing to the need for real-time information exchange and collaboration is fueling the expansion of the global airport IT systems market.
The multiple benefits of airport IT systems that ensure maximum productivity with improved safety protocols, reduced operational and capital costs, improved customer experience with reduction in boarding time and others are impacting positively on the growth of the global airport IT systems market. The availability of expensive but efficient upgrades and data sharing regulations are some other factors influencing the growth of the global airport IT systems market during the forecast period
However, stringent regulatory framework imposed by government is likely to act as a restraint on the growth of the global airport IT systems market during the forecast period.
Market Segmentation:
The global airport IT systems market has been segmented on the basis of function, software, application, airport size and cost. Based on function, the airport IT systems market is segmented into airport operations control center (AOCC) and departure control system (DCS).
Based on software, the airport IT systems market is segmented into passenger system and non-passenger system. Based on application, the airport IT systems market is segmented into terminal side and airside.
Based on airport size, the airport IT systems market is segmented into class-A, class-B, class-C and class-D. Based on cost, the airport IT systems market is segmented into integration, procurement and operation.
Regional Analysis:
Geographically, the global aircraft IT systems market is segmented into five major regions such as North America, South America, Asia Pacific, Europe and the Middle East and Africa. The North America region is dominating the global airport IT systems market owing to the increasing air traffic and easy adoption of advanced technology in this region.
The Europe region is projecting significant growth in the global airport IT systems market owing to the increasing demand for enhancement in airport security by installation of intelligent IT systems at the airports in this region. The Asia Pacific region is projecting fastest growth in the global airport IT systems market owing to the increasing investment of aviation industry in advanced technology to improve operational efficiency of airports in this region.
Industry Updates:
On 24th August 2018, the US Customs and Border Protection has announced that a new facial recognition tech at an airport near Washington, DC has caught the first convict who was attempting to enter the US with the help of false documents.
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Smart Airports Market by Application (Landside, Airside, Terminal Side) - Global Forecast To 2025
The increasing demand has led to the implementation of smart applications on Greenfield projects and, as a part of modernization, upgrades on brownfield airport projects. During the forecast period, the implementation segment is estimated to have a larger share due to the rapid modernization of airports.
The global Smart Airports Market Size is projected to reach USD 6.4 billion by 2025 from USD 2.2 billion in 2019, registering a CAGR of 19.8% from 2019 to 2025. Improved passenger experience with the help of real-time information is a significant growth driver for the smart airports market. Optimization of airport operations and increased connectivity also drive this market.
Increasing demand for self-service check-ins and baggage drop units around the world has given rise to this segment. The implementation segment is estimated to have a larger share due to the rapid modernization of airports. With an increase in passenger footfall, airports need to upgrade their systems to facilitate smooth airport operations without delay. They must also adopt efficient measures that improve their operational efficiency as well as save costs.
The landside application segment of the smart airports market is expected to grow at the highest rate during the forecast period. The focus of airports to increase their ancillary revenues and the increasing demand from passengers for seamless and effortless travel are driving the growth of this segment. The growing installation of smart applications like intelligent advertising and smart car parking is expected to drive the landside segment’s growth. The airside segment currently has the largest market share due to the high adoption of smart applications in ground staff equipment management and installation of E-fence.
Market sizing for each of the applications is done by applying percentage splits to each sub-applications. A matrix mapping was carried out for applications vs. airport types (2.0, 3.0, & 4.0). Through this matrix, the percentage for each sub-application across airport types was considered based on current use cases, industry trends, and developments by major players in this market space.
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The US and Canada are the countries considered for the study of the smart airports market in North America. North America accounted for a share of 28.0% of the smart airports market in 2019, with the US leading the market in the region. The global need for optimizing operations at airports is fueling investments in the areas of smart applications. Implementation of IoT, AI, and big data in airport operations has the potential to bring greater visibility, besides optimizing the business process. Keeping in mind the current passenger growth rate as well as the increase in fleet size of airlines, airports are required to make data-driven decisions by leveraging new technologies, such as IoT, AI, and Blockchain.
The presence of major airports in the US has resulted in high investments in the field of smart airports in North America. This makes North America one of the prime regions for the implementation of smart applications at airports. The leading smart solution providers in North America include Cisco Systems, Inc. (US), IBM Corporation (US), Collins Aerospace (US), Honeywell International Inc. (US), and Sabre Corp. (US).
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Airport Retailing Market Analysis Trends and Dynamic Demand by Forecast 2020 to 2030
Global Airport Retailing Market: Snapshot
The global airport retailing market is projected to register growth at a CAGR of 12.6% during the forecast period of 2021 to 2027. Hence, the market for airport retailing is estimated to gain a valuation of 40,592.8 Mn by 2027. The total valuation of the airport retailing market was $27,552.8 Mn in 2019.
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Generally, a travel retail shop offers a wide range of items such as perfumes, cosmetics, wines, spirits, electronics, food & beverages, tobacco goods, and fashion & accessories. Moreover, airport retailing shops provide several products such as tobacco, liquors, fashion, electronics, and perfumes duty-free.
Airport travel retail holds a sizable market share in the travel retail industry. Generally, the airport retailing stores are situated at arrivals, airside, and departures sites of an airport. Over the period of past few years, there has been a notable increase in inclination among global population toward exotic and unique holiday experiences. This factor is bolstering the growth of the global airport retailing market.
The airport retailing market is being driven by increase in the need for and interest of populace on spending extra money on shopping. In addition, a rise in the upper-class and middle-class disposable income and associated expenditure has created ample opportunities in the airport retailing market. Besides, increase in tourism promotion, improving lifestyles, and rising availability of transport facilities globally are some of the important factors bolstering the global airport retailing market.
A surge in the air traffic, increase in infrastructure developments at airports, and rise in the demand for luxurious products by customers are some of the prominent factors fueling the sales growth in the global airport retailing market.
The COVID-19 pandemic has impacted negatively on businesses from major industry verticals including the airport retailing market. Government bodies of many nations have imposed restrictions on travelling due to ongoing waves of different variants of coronavirus. Companies operating in the airport retailing market are developing strategies in order to sustain their businesses in this crucial situations.
Airport retailing is basically the presence of many retail services of many products inside the airport for providing enhanced convenience to the people travelling. Airport retailing also delivers a broader variety of merchandizes and is a comparatively easy choice for travelers. As many retailers tend to think that airport retailing is just strategy diversification and market expansion. However, this kind of thinking is expected to lead to negative results related to the perception of airport business as the brands that are found in the airport are of high quality and are considerably the high-end ones.
The factors that are expected to drive the growth of the airport retailing market are rising retail promotion in airports, availability of products at low prices, and rising tourism. The airport retailing market players can further gain from the rising customer airport experiences and fall in jet fuel prices. However, factors such as the prevalence of downtown retail stores, strict government regulations and rules and rising political unrest.
In the last couple of years, airport retailing has witnessed a substantial rise across airports not only in developed regions but also in developing regions. In the last few years. Europe has seen a substantial rise in airport retailing owing to inexpensive air fare and rise in tourism. Furthermore, the growing disposable income of people in the Asia Pacific region and their inclination towards luxurious lifestyle is further expected to trigger the growth of the airport retailing market in the region.
Global Airport Retailing Market: Overview
Airport retailing is referred to as the availability of retail services of various products within the airport in order to provide greater convenience to travelers. Airport retailing provides a wider variety of products and is an easy option for travelers. With value customer services as the top priority in the aviation industry, airport retailing is expected to gain momentum over the coming years owing to its feasible services to customers. The provision of goods and services in airports will vary depending on the type of travelers such as business travelers or vacationers and on the manner in which the airport manages domestic and international passengers. It is also subject to the economic, geographic, and demographic specificity of the location of the airport. In addition to the regional feature, airports retailers are also required to meet the unique and specific shopping patterns and needs of air passengers such as speed of the service, convenience, store layout, cleanliness and appearance, and product quality and variety.
Many retailers assume airport retailing just as a market expansion and diversification strategy. However, this perception is likely to lead to negative results if the environment of the airport is not seriously taken into consideration. The quality business proposals in the airport are the ones which comprise a considerate and thorough evaluation of the product and how it visually appeals to the consumer.
The market intelligence publication delves into the possible growth opportunities for the global airport retailing market and the chronological growth of the market throughout the forecast period. It also uniquely provisions required data related to facers such as dynamics influencing the progress in all possible retrospective manner. Several ubiquitous and non-ubiquitous trends have also been mentioned in the study. An outlook of extensive nature keeping in mind the Porter’s five forces analysis has been provided to make the vendor landscape transparent to the reader. The report further reaches out to point out accomplishments related to R&D, acquisitions, mergers, and crucial partnerships and verifications. The companies in limelight have been analyzed on market shares, products, and key strategies.
Global Airport Retailing Market: Trends and Opportunities
The global airport retailing market is projected to expand at a significant rate over the next couple of years owing to the growth in the tourism sector, rising income of the middle class across the globe, and easy accessibility of brands. By type, the global airport retailing market can be segmented into supermarkets, specialty retailers, department store, and direct retailer. The segment of direct retailer has been estimated to lead the market in the coming years accounting for the leading market share until 2025. Stores such as Levi’s, Hugo Boss, and Lacoste are known for generating maximum revenue. In terms of airport size, large airports are expected to emerge dominant in the global airport retailing market.
The global airport retailing market is expected to grow tremendously owing to the rising promotional activities by companies and individual brands and incessantly growing passenger traffic. Retailing has turned out to be the leading source of income for airports across the globe. This can be attributed to the rise in the number of air travelers and enhanced duty-free shopping experience. The market for global airport retailing is also expected to be driven by the growing demand for local destination products.
Global Airport Retailing Market: Regional Outlook
Over the last couple of years, Europe has witnessed immense progress in the market for airport retailing owing rising investments in retail services in airports, feasible air fares, and upsurge in tourism. Moreover, due to several projects in pipeline such as refurbishments, renovation of current airports, and expansion and development of new terminals, the market is expected to witness tremendous growth. Owing to development of high-end airports in countries such as China and India, Asia Pacific is likely to grow at a significant rate.
Global Airport Retailing Market: Companies Mentioned in the Report
Some of the chief players in the airport retailing market are World Duty Free Group, Dubai Duty Free, Duty Free America, Gebr. Heinemann, Dufry, and Autogrill.
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Smart Airport Market Recent Trend, Strategy Profiling, Growing CAGR Value, Technology Advancement Future Growth Insights by 2025
The global smart airport market size is expected to reach USD 25.09 billion by 2025,growing at a CAGR of 10.7%. according to a new report by Grand View Research, Inc.The growth can be accredited to increased penetration of automated and connected airport processes, such as self-service check-ins, smart baggage drop, and smart luggage tracking.
Moreover, the rising demand for various technologically-advanced non-aeronautical systems, communication systems, and security systems such as electronic bag tags is expected to boost the growth over the forecast period.
Emerging technologies and devices, such as smart access control systems, fingerprint readers, and smart card technology are being increasingly implemented by airports for enhancing the overall passenger experience. Additionally, with the introduction of smartphone-based airport applications, passengers are now able to utilize real-time information, such as gate number, arrival time, direction to airport, check-in line, and flight booking.
Companies across the globe are investing heavily on IT and digital technology to effectively streamline their business processes and provide value-added services to customers. A majority of airports are now focusing on passenger self-service solutions and are planning to implement new technologies, such as the adoption of Bluetooth-enabled beacons to provide connected airport solutions.
Contemporary airport operation and business models have led to an explosive growth of the airline industry. Rising concerns of industry participants pertaining to increased competitiveness have led to a shift in focus towards a customer-centric and data-driven approach to enhance operational efficiency. Moreover, with the emergence of Airport 3.0, airports worldwide are seeking to leverage the benefits of emerging technologies with advanced capabilities.
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Smart Airport Market Report Highlights
• Airports across emerging economies are increasingly adopting a smart airport approach by implementing innovative technologies, such as smart robots, self-check-in kiosks, beacon services, predictive analysis, and border control automation solutions
• Airports are increasingly expanding their airside operations by providing various services, such as in-wallet scanning, and geolocation and coordination of aircraft with real-time information on landing
• Airports across developed regions, such as the U.S., have now started providing automated parking facilities, in order to capture a higher revenue share of the non-aeronautical operations segment
• Asia-Pacific is estimated to emerge as the fastest-growing region over the forecast period, owing to a steep increase in passenger traffic coupled with upgrading and implementation of new technologies in airport communication and security systems
• Major countries across Europe are adopting Bluetooth-based beacon technology to provide a personalized experience to passengers, such as indoor wayfinding and nearby promotional offers, based on data collected regarding the passengers’ spending and usage habits
• Key Players include in the smart airport Market are Amadeus IT Group S.A., Cisco Systems, Inc., Honeywell International Inc., Siemens AG, and IBM. Other companies include Sabre Corporation, Thales Group, T-Systems International GmbH, and QinetiQ Group Plc.
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#Smart Airport Market#Smart Airport Industry#Smart Airport Market Growth#Smart Airport Market Analysis#Smart Airport Market Forecast#Smart Airport Market Size#Smart Airport Market Share#Smart Airport Market Report#Smart Airport Market Research#Smart Airport Market Outlook#Smart Airport Market Segmentation#Smart Airport Market To 2025
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Commercial airport lighting market research report with opportunities and strategies to boost growth- covid-19 impact and recovery
Based on the Commercial Airport Lighting market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
Request A Free Sample - https://www.reportocean.com/industry-verticals/sample-request?report_id=mai209718 We share our perspectives for the impact of COVID-19 from the long and short term. We provide the influence of the crisis on the industry chain, especially for marketing channels. We update the timely industry economic revitalization plan of the country-wise government. Key players in the global Commercial Airport Lighting market :
Cooper Industries GE Honeywell ATG Airports Avlite Systems Hella KGaA Hueck Abacus Lighting Carmanah Technologies ADB Airfield Solutions Crouse-Hinds Vosla Siemens On the basis of types, the Commercial Airport Lighting market from 2015 to 2025 is primarily split into: Airport Beacon Visual Glidescope Indicator Visual Approach Scope Indicator (VASI) Precision Approach Path Indicator (PAPI) Runway Lighting Runway Edge Lighting Taxiway Lighting Obstruction Lighting Others On the basis of applications, the Commercial Airport Lighting market from 2015 to 2025 covers: Airside Lighting Landside Lighting
Request A Free Sample - https://www.reportocean.com/industry-verticals/sample-request?report_id=mai209718 Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions :
North America United States Canada Mexico Europe Germany UK France Italy Spain Russia Others Asia-Pacific China Japan South Korea Australia India South America Brazil Argentina Columbia Middle East and Africa UAE Egypt South Africa Years considered for this report: Historical Years: 2015-2019 Base Year: 2019 Estimated Year: 2020 Forecast Period: 2020-2025
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Global Airport Retailing Market Size, Status and Forecast 2021-2027
Airport retailing includes services like hotels, nursing homes, car rental outlets, banks, exchange offices, drugstores, and other retail stores such as jewelry, books and magazines, gifts and crafts, clothing & accessories, convenience stores, optics, perfumes, and souvenirs.
Market Analysis and Insights: Global Airport Retailing Market
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The global Airport Retailing market size is projected to reach US$ 48420 million by 2027, from US$ 33790 million in 2020, at a CAGR of 4.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Airport Retailing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Airport Retailing market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Airport Retailing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Airport Retailing market.
Global Airport Retailing Scope and Market Size
Airport Retailing market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Airport Retailing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
Food and Beverage
Leisure Services
Hotel
Other
Segment by Application
Airside
Landside
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Rianta International
DFS
Dubai Duty Free
Dufry
Capi-Lux
Duty Free Americas
Gebr. Heinemann
King Power International
Lotte Duty Free
Lagard?re Travel Retail
Shilla Duty Free
Airport Retail Group
Delhi Duty Free
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Table of content
1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Airport Retailing Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Food and Beverage 1.2.3 Leisure Services 1.2.4 Hotel 1.2.5 Other 1.3 Market by Application 1.3.1 Global Airport Retailing Market Share by Application: 2016 VS 2021 VS 2027 1.3.2 Airside 1.3.3 Landside 1.3.4 Other 1.4 Study Objectives 1.5 Years Considered 2 Global Growth Trends 2.1 Global Airport Retailing Market Perspective (2016-2027) 2.2 Airport Retailing Growth Trends by Regions 2.2.1 Airport Retailing Market Size by Regions: 2016 VS 2021 VS 2027 2.2.2 Airport Retailing Historic Market Share by Regions (2016-2021) 2.2.3 Airport Retailing Forecasted Market Size by Regions (2022-2027) 2.3 Airport Retailing Industry Dynamic 2.3.1 Airport Retailing Market Trends 2.3.2 Airport Retailing Market Drivers 2.3.3 Airport Retailing Market Challenges 2.3.4 Airport Retailing Market Restraints 3 Competition Landscape by Key Players 3.1 Global Top Airport Retailing Players by Revenue 3.1.1 Global Top Airport Retailing Players by Revenue (2016-2021) 3.1.2 Global Airport Retailing Revenue Market Share by Players (2016-2021) 3.2 Global Airport Retailing Market Share by Company Type (Tier 1, Tier 2 and Tier 3) 3.3 Players C
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Passenger Boarding Bridges Market Research Report
Global Passenger Boarding Bridges Market
The GMI Research forecasts that the Passenger Boarding Bridges Market is witnessing an upsurge in demand over the forecast period. This is mainly due to intensifying government support for development of airports, amplifying expenditure airside infrastructure by airport operators and constant investment by major market players.
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Introduction of the Passenger Boarding Bridges Market
Passenger Boarding Bridge (PBB) is an enclosed and elevated passageway which stretches from an airport terminal gate to an airplane. It is mainly used to offer a fast, effective, and safe way for the passenger to move while boarding. It is also used at seaport for loading and unloading the containers from sea to vessel.
Key Players of the Global Passenger Boarding Bridges Market:
UACJ Corporation
Elvalhalcor Hellenic Copper and Aluminium Industry S.A.
NALCO
Aluminum Corporation Of China
Constellium
Hindalco Industries Limited
Novelis Inc.
Arconic
Norsk Hydro ASA
Alcoa Corporation
Passenger Boarding Bridges Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The global passenger boarding bridge market is mainly driven by mounting number of brownfield and greenfield airports, augmenting investment by government for the establishment of new airports and the expanding air travel along with the rise in tourism. Also, these boarding bridges help to cautiously and effectively board the passengers from airport to flight. In accordance with the the Air transport Action Group Organization Report, more than 4.5 Billion air passengers travelled through different airlines globally, which resulted in enormous demand to the passenger to the airplane from the airport and vice versa. Thus, to address the rising passenger traffic at airports, airlines have proposed to establish and procure these passenger boarding bridges to reside more passengers on board in single trips.
Furthermore, the increasing investment by leading market players and the government bodies in novel airports to enhance air travels effectuated by organizing greenfield projects to expand the aerospace will further stimulate the passenger boarding bridge market size. For example, The Indian Airports Authority, in 2018, introduced a greenfield airport project at Hollongi, Arunachal Pradesh, India, established by India’s Union Ministry of Development of North Eastern Region. The project is likely to be accomplished by 2022.
Additionally, the accelerating trade activities from Asia-Pacific to developed nations and the growing programmes by government have proliferated the market size. Miami-Dade County, Florida, in 2020, is publicizing an Adelte Seaport Hydra MS2 maritime passenger boarding bridge through the government reserve auction site on GovDeals.com. Miami-Dade County, FL is a seller of GovDeals of passenger boarding bridges and an extensive range of transportation, heavy equipment and other surplus property items.
As per the passenger boarding bridge market research, the extended life of aerobridge needs huge capital investment which is difficult to obtain for low-cost airlines because of their excessive operational expenditure, thereby restricting the market growth. Moreover, the widespread and sudden outbreak of the coronavirus pandemic has temporarily terminated the construction activities owing to the travel regulation imposed by various countries. Also, the curtailments in air passengers have persuaded investors postpone the embellishment activities.
Passenger Boarding Bridges Market Segmentation: Segmentation by Bridge Type
Commuter
Apron
T-Bridge
Nose
Over-The-Wing Bridge
Others
Segmentation by Elevation System
Hydraulic
Electro-Mechanical
Segmentation by Foundation
Moveable
Fixed
Segmentation by Application
Airport
Seaport
Segmentation by Region:
North America
Asia Pacific
Europe
RoW
United States of America
Canada
China
Japan
India
Rest of APAC
United Kingdom
Germany
France
Spain
Rest of Europe
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
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Smart Airport Market: Analysis of Key Players, Industry Size, Growth and Share
According to the latest report by IMARC Group, titled “Smart Airport Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global smart airport market size exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 13% during 2021-2026.
Smart airport solutions depend on connected and automated technologies, including the Internet of Things (IoT), global positioning system (GPS), sensors, etc., to provide passengers with real-time data analytics and self-service capabilities. They aid in digitally and accurately executing various tasks, such as decision-making, planning, operations, etc., by facilitating the timely access of information using smart devices. Smart airports also offer several innovative services, including automated security gates, real-time CCTV security surveillance, radio frequency identification (RFID) baggage tracking, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Smart Airport Market Trends:
The elevating levels of air traffic, owing to the increasing demand for passenger and business travel, are encouraging airport enterprises to become more entrepreneurial, adaptive, and proactive as per the changing aviation dynamics and customer requirements. This represents one of the primary drivers catalyzing the smart airport market, which offers numerous innovative solutions, such as facial recognition at checkpoints, automated immigration processes, digital wayfinding, health monitoring systems, luggage scanning and weighing, etc., to improve the passenger experience. Additionally, the sudden outbreak of the COVID-19 pandemic is escalating the adoption of remote and smart airport applications for effectively controlling passenger and luggage processing systems, limiting crowds, managing health risks, etc., which is further propelling the product demand. Apart from this, the integration of advanced technologies, such as artificial intelligence (AI), is helping airports achieve certification of carbon neutrality by promoting waste, water, emission, and energy management, which is anticipated to drive the smart airport market over the forecasted period.
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Global Smart Airport Market 2021-2026 Analysis and Segmentation:
Competitive Landscape with Key Player:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
Amadeus IT Group SA, Ascent Technology Inc., Cisco Systems Inc., Collins Aerospace (Raytheon Technologies Corporation), Honeywell International Inc., Huawei Technologies Co. Ltd., Indra Sistemas S.A., International Business Machines Corporation, Sabre Corp., Siemens AG, T-Systems International GmbH and Wipro Limited.
Breakup by Type:
Airport 2.0
Airport 3.0
Airport 4.0
Breakup by Size:
Large
Medium
Small
Breakup by System:
Wearables
LPWAN and WLAN
Tags and Sensors
Platforms
NFC, RFID and Bluetooth
Wireless
Others
Breakup by Operation:
Aeronautical
Non-Aeronautical
Breakup by End Market:
Implementation
Upgrade and Services
Breakup by Application:
Airside
Air Traffic Maintenance
Aircraft Maintenance
Passenger Screening and Experience
Digital Video Surveillance and Management
Building Management
Intelligent Advertising
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Reports:
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Smart Airport Market Overview, Growth Demand And Forecast Research Report To 2025
The global smart airports market size was estimated at USD 10.09 billion in 2016 and is anticipated to reach USD 25.09 billion by 2025, with a CAGR of 10.7%. Initially, traveling by air was an expensive business and was predominantly used by executive class business professionals, political leaders, and high-income earners to travel to places. Only a few companies provided facilities for air transport owing to the moderately smaller passenger traffic. The major factor responsible for the expansion of the aviation industry is considered to be the high rate of globalization.
The global aviation industry transformed eventually giving rise to a new aviation era of smart airports. Greater than before air passenger traffic and rising demand for air travel are the two foremost causes for the revolution in airports all over the world. In the present scenario, the airports are considered to be service providers offering new facilities as opposed to the earlier times when they were known to be infrastructure providers.
A smart airport system encompasses components, solutions, services and devices which optimize and powers the utilization of airways infrastructure for implementing advanced functions. It comprises of various components such as freight operations information systems, operations, check in and baggage management, communications, airways analytics, passenger information and reservation systems, air traffic management, IP-based security monitoring, and ticketing.
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The global smart airports market is evolving as the next big thing of the air travel industry chiefly to support endways communication & exchange of information and combined decision making among all shareholders including passengers, aviation operators, airport authorities, and airports.
Advanced functionalities of the global smart airports over old-style airports are fueling sturdy market acceptance such as improved operational competence through on-demand resource utilization, shared services, real time trouble management & operational forecasting, smaller queue lengths, crowding management, digital navigation, efficient water, emissions, waste & energy management, profits generation by mobile based targeted selling & advertising strategies, capacity utilization & planning, service delivery automation, better customer’s travel experience by self-service amenities, service innovations, event notifications, and more effective and smarter security.
The global smart airports market is majorly driven due to the growing demand for revolutionizing airports by converting business intelligence into a facility of innovative software solutions related to airports. A growth in the global smart airports market is projected on account of greater than before investments in research & development. The market has witnessed a strong growth rate in the recent past owing to the surge in passenger and air traffic, in both developing as well as developed nations.
Factors such as the launch of technologically advanced systems and rising demand for real-time information collaboration and sharing may favorably impact the market growth. The decline in hardware and connectivity costs also fuels the demand for the global smart airports market. However, factors such as capacity and congestion constraints, high costs of up gradation and resource outages may create a major hindrance for the global smart airports market.
The global smart airports market is segmented based on technologies into lighting & guidance, airport communications, digital information display solutions & signage systems, emergency services & fire protection, car parking systems, landing aids, ground/air traffic control & management systems, airport management software, security, and baggage and passenger control and handling. The market is further segmented on the basis of services into hospitality, parking & transport services, workplace services, airport processes, retail, entertainment services, and business to business services. It is also characterized on the basis of airport modernization programs into airside, landside and terminal side services.
Europe market for smart airports accounted for the majority of the overall market in the past few years. Europe has been benefitted mainly due to the extensive initiatives for airport automation. Asia Pacific market is expected to witness the fastest growth rate over the next eight years. Factors responsible for its high growth rate includes a steady rise in the number of operating airports, increasing demand for airport information systems, rising adoption of innovative airport technologies, and enhanced system of baggage handling.
Major industry participants include Siemens AG, SITA, Amadeus IT Group SA, Indra, QinetiQ, Airport Smart, Colebrook Bosson Saunders, Honeywell, Airport Emission Control, Delair Air Traffic Systems, FB Technology, Selex ES, IBM, Cisco System, Adelte, VanderIande Industries, DSG Systems, Ansul, and Deerns Airport System Consultants.
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#Smart Airport Market#Smart Airports Industry#Smart Airport Market Growth#Smart Airports Market Analysis#Smart Airport Market Size#Smart Airports Market Share#Smart Airport Market Report#Smart Airports Market Research#Smart Airport Industry Outlook
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