“The increasing requirement across the globe to upgrade airport information systems is one of the most significant factors driving the growth of the airport information systems market.”
The airport information systems market is projected to grow from USD 3.69 billion in 2018 to USD 4.37 million by 2023, at a CAGR of 3.41% from 2018 to 2023. The need to enhance the passenger experience at airports, upgrade the existing airports, and increase the number of greenfield airports are factors expected to lead to the growth of the airport information systems market across the globe. However, the high investment costs involved in the deployment of airport information systems are expected to restrain the growth of the airport information systems market, globally.

“The class B airports segment of the airport information systems market is projected to grow at the highest CAGR during the forecast period.”
Based on airport, the class B airports segment of the airport information systems market is projected to grow at the highest CAGR from 2018 to 2023. The growth of the class B airports segment can be attributed to the increased air passenger traffic from small cities, which has led to the requirement for expanding and upgrading airports.

“The Asia Pacific airport information systems market is projected to grow at the highest CAGR from 2018 to 2023.”
The Asia Pacific airport information systems market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific airport information systems market can be attributed to the increased air passenger traffic in the region. This increase in air passenger traffic in the region is due to growing disposable income of the middle-class population of emerging economies such as China and India of the region.

The break-up of the profiles of primary participants in the airport information systems market:

  • By Company - Tier 1 – 30%, Tier 2 – 35%, and Tier 3 – 35%
  • By Designation – C Level – 32%, Director Level – 38%, and Others – 30%
  • By Region – North America - 27%, Europe – 18%, Asia Pacific – 46%, and RoW – 9%

Major companies profiled in the report include SITA (Switzerland), Thales Group (France), Rockwell Collins (US), Indra Sistemas (Spain), and IBM (US), among others.

Research Coverage:
This research report categorizes the airport information systems market based on application (finance & operations, maintenance, ground handling, security, and others), system (airport operation control center and departure control system), airport (class A airports, class B airports, class C airports, and class D airports), end use (passenger systems and non-passenger systems), and type (airside and terminal side). The airport information systems market has been studied for North America, Europe, Asia Pacific, and Rest of the World (RoW).

Reasons To buy this report:
From an insight perspective, this research report focuses on various levels of analyses, which include industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles. These insights together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the airport information systems market, high-growth regions, and drivers, restraints, challenges, and opportunities influencing the growth of the airport information systems market.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on different airport information systems offered by top players in the market
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new products launched in the airport information systems market
  • Market Development: Comprehensive information about lucrative markets – the report analyzes the airport information systems market across various regions
  • Market Diversification: Exhaustive information about new products launched, untapped regions, recent developments, and investments in the airport information systems market
  • Competitive Assessment: In-depth assessment of the market shares, growth strategies, products, and manufacturing capabilities of the leading players operating in the airport information systems market