Advanced Airport Technologies Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Market Overview

The advanced airport technologies market is expected to register a CAGR of over 4% during the forecast period (2020-2025). 

• Airports are now recognizing the need to move toward more efficient and less intrusive security to help them reduce the high cost of security implementation and to provide a hassle-free experience to travelers.
• The rise in the number of passengers has caused problems to the airports in dealing with the arising passenger problems. Service disruptions, long check-in lines, and baggage issues are the three main areas of passenger discomfort. To tackle these challenges and improve the experience of the customer, airports worldwide have adopted newer technologies, such as self-check-in kiosks and face recognition systems, that are helping the airports in revolutionizing the check-in process.
• The privatization of airports has helped the market, as airport operators are providing world-class facilities and systems to gain a competitive advantage over others.

Scope of the Report

Advanced technologies are being used in various airport systems, such as security, airport communications, digital signage systems, airport management systems, fire, passenger and baggage handling, and car parking systems.

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Key Market Trends

The Digital Signage Systems Segment to Grow with the Highest CAGR During the Forecast Period

Currently, the passenger, baggage, and cargo handling control systems segment have the highest market share of all the segments, as they are now used widely in terminal operations and airline departure control, like passenger check-in, customs, baggage handling, screening, etc. But the growth of the airport digital signage systems segment is anticipated to be more during the forecast period. As the airports and airlines modernize and adopt solutions to make the airports more automated, digital displays are now being adopted on a large scale in every sphere of the airport. Digital signage and touch-enabled kiosks are installed to help ease and enrich the passenger journey, boost passenger satisfaction, and ensure safety at airports. Advancements in the integration of smartphones with Bluetooth-enabled beacon technology are helping the development of digital signs, which can deliver highly relevant information to passengers passing by, alert them regarding the whereabouts of shops and restaurants, and simplify the airline lounge admission for members. Thus, the high adoption of these technologies is driving the growth of the segment.

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