Smart Airports Market Size & Share, Growth, Trends, Forecast
– 2032
The smart airport market size is projected to expand at over
13% CAGR from 2023 to 2032, propelled by the pressing need for improved
operational efficiency and cost-effectiveness. The increasing demand for
efficient and seamless passenger experiences is fueling the adoption of smart
technologies, including self-service kiosks, biometrics, and automation.
The rising emphasis on sustainable practices and the
integration of smart infrastructure for energy management is driving
innovations in smart airports. For instance, Italian startup Zzzleepandgo, a
designer of high-tech sleeping cabins, launched a new service at Vienna Airport
in January 2022 for offering passengers added comfort with workplace, chillout
lounge, and fully equipped sleeping pods for rent in Terminal 3. Additionally,
the proliferation of IoT devices, AI, and advanced analytics is helping to enhance
airport operations and passenger services. The rising imperative towards
digital transformation, the growing investments in smart technologies for
security and communication, along with the increasing passenger engagement will
boost the market growth.
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Growth Drivers:
·
Growing need for real-time information
·
Increasing use of self-service technologies at
airports
·
Increasing adoption of advanced technologies
·
Growing security concerns
The smart airport market is segregated into airport size,
technology, airport model, operation, application, and region.
In terms of operation, the market value from the
aeronautical segment is anticipated to rise at substantial CAGR between 2023
and 2032, owing to the increasing demand for enhanced air traffic management
and runway optimization. Advanced technologies, such as IoT sensors and
real-time data analytics help to optimize aircraft movements and navigation for
improving the overall operational efficiency. Moreover, the rising focus on
minimizing delays, reducing congestion as well as ensuring safe and swift aircraft
movements will drive the segment growth.
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Smart airport market share from the security systems
technology segment is projected to increase at rapid pace through 2032, due to
the increasing concerns about airport safety. Lately, biometrics, video
analytics, and cybersecurity measures, are increasingly adopted to enhance
passenger and infrastructure security. The rising emphasis on robust security
measures, regulatory compliance, and the strong need to address the evolving
threats will also favor the demand for smart security systems in airports.
Regionally, the Asia Pacific smart airport market size is
projected to depict significant CAGR between 2023 and 2032. The growth can be
attributed to the rapid urbanization, increasing air passenger traffic, and
technological advancements in the region. Additionally, the commitment to
modernize airport infrastructure coupled with the rising government initiatives
for smart city development will also boost the regional market.
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