Market Share of Smart Airport Industry
The market for smart airports is highly fragmented, with many players providing advanced smart technology solutions. Some major players in the smart airport market are Raytheon Technologies Corporation, SITA, Honeywell International Inc., Siemens AG, and Cisco Systems, Inc. Post-pandemic, companies partnered with various airlines, governments, and airport authorities worldwide to provide advanced technology solutions.
For instance, in June 2022, Air Liquide and Groupe ADP announced their ambitious partnership to create the first joint venture to facilitate the development of smart hydrogen infrastructure at airports. This partnership will provide the airports in France with engineering services in the transition toward smart and sustainable hydrogen systems that are expected to be commercialized by 2035. The Nice airport in France announced a partnership with Easier to develop contactless check-in systems to be installed in airports in December 2021.
These new systems will be installed in the airport terminal to be tested for operational capabilities. They will be used further to enable a good customer experience for those traveling through this airport. The development of such products that promote contactless processing in airports is expected to help companies increase their geographic presence in the future.
Smart Airport Market Leaders
Siemens AG
SITA
Raytheon Technologies Corporation
Honeywell International, Inc.
Cisco Systems, Inc.
*Disclaimer: Major Players sorted in no particular order
