Global Next Generation Airport Technology Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of Global Next Generation Airport Technology market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors’ research report “Global Next Generation Airport Technology Market Analysis, 2021”, the Global Next Generation Airport Technology market is anticipated to grow at a considerable CAGR during 2021-26F. The growth of the market is attributed to propelling passenger capacity in the near future, rising air traffic congestion, and increasing use of permanent electronic bag tags. According to the International Air Transport Association (IATA), passenger demand is projected to double from 3.8bn in 2016 to 7.2bn in 2036. Moreover, surging automated check-in and security tracking solutions and rising transitioning of the airport away from airport 2.0 (self-service and process efficiency) to airport 3.0 (using digital to optimise passenger processing) are strongly contributing towards the growth of the market in the near future.
Market Segmentation
Next Generation Baggage Screening Accounted for the Significant Market Share
Based on Technology Type, Next Generation Baggage Screening holds a considerable market share in the Global Next Generation Airport Technology market in 2020. The increasing inclination toward self-service bag drop due to the ever-increasing number of passengers is rising the adoption of re-usable, electronic bag tag, instead of paper bag tags.
Besides this, the Next Generation Biometric segment is also growing at a robust rate owing to escalating use of digital biometric ID management technology where the passenger can register biometric data on a mobile device before arriving at the airport and it also helps to automate the travel journey from secure check-in to on-time boarding as revealed by the MarkNtel Advisors’ research report “Global Next Generation Airport Technology Market Analysis, 2021”.
Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the Global Next Generation Airport Technology market include Honeywell International Inc., TAV Technologies, Siemens, Wipro Limited, IBM Corporation, Amadeus IT Group SA, SITA, Cisco System, Inc., Huawei Technologies Co., Ltd., L3harris Security & Detection Systems etc.
Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Next Generation Airport Technology Market?
2. What is the region-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Next Generation Airport Technology Market?
4. Who are the key competitors or market players and how they perform in Global Next Generation Airport Technology Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Next Generation Airport Technology Market study?
Market Outlook, Segmentation and Statistics
1) Impact of COVD-19 on Global Next Generation Airport Technology Market
2) Market Size & Analysis
a) By Revenues (USD Million)
3) Market Share & Analysis
a) By Technology Type
i) Next Generation Security Checkpoint
ii) Next Generation Automated Parking System
iii) Next Generation People Scanner
iv) Next Generation Traffic System
v) Next Generation Airport Communication
vi) Next Generation Surveillance Technology
vii) Next Generation Biometric
viii) Next Generation Baggage Screening
ix) Others
b) By Application
i) Flow Monitoring and Management
ii) Traffic Management
iii) Airport Operation Management
iv) Screening and Detection
v) Parking Management
vi) Safety & Security
vii) Others
c) By Deployment
i) Cloud
ii) On-Premises
d) By Region
i) North America
ii) South America
iii) Europe
iv) Asia-Pacific
v) Middle East & Africa
e) By Region
i) North America Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(1) The US Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(2) Canada Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(3) Mexico Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
ii) South America Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(1) Brazil Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
iii) Europe Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(1) The UK Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(2) Germany Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(3) France Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
iv) Middle East & Africa Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(1) UAE Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(2) South Africa Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
v) Asia-Pacific Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(1) China Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(2) Japan Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
(3) India Next Generation Airport Technology Market Outlook, 2016-2026F (USD Million)
f) By Company
i) Revenue Shares
ii) Strategic Factorial Indexing
iii) Competitor Placement in MarkNtel Quadrant
g) Global Next Generation Airport Technology Market Policies, Regulations, Product Standard
h) Global Next Generation Airport Technology Market Hotspots & Opportunities
4) Competition Outlook
a) Competitor Wise Growth Strategies
b) Company Profiles
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Global Next Generation Airport Technology Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Global Next Generation Airport Technology Market during 2021-26?
A. The Global Next Generation Airport Technology Market is forecast to grow around 42% during 2021-26.
Q. Who are the key competitors or players operating in Global Next Generation Airport Technology Market?
A. Honeywell International Inc., TAV Technologies, Siemens, Wipro Limited, IBM Corporation, Amadeus IT Group SA, SITA, Cisco System, Inc., Huawei Technologies Co., Ltd., L3harris Security & Detection Systems etc., are few of the leading players in the Global Next Generation Airport Technology Market.
Q. Which data collection segment would emerge as an opportunity area for players in Global Next Generation Airport Technology Market?
A. Wearables and Mobile app segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in Global Next Generation Airport Technology Market?
A. The Asia-Pacific continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Next Generation Airport Technology Market.