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India News Releases
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(India.CityRegions.Com, August 04, 2018 ) Global Smart Airport Market Size, Status and Forecast 2022,” smart airport is a huge market that is gaining attention due to the increase in demand for the travelers’ growing needs for real-time information and airports moving towards customer-centric approach. Based on application, it is categorized into hospitality, transportation, airport operations and others. The increasing focus on value added services such as customer servicing, enhancing the customer experience as well as increasing need for operational efficiency are the factors expected to drive the smart airport markets growth in coming years
The smart airports market was valued USD +11 billion in 2016 and is expected to reach around USD +16 billion by 2022, at a CAGR of +5 % for the forecast period from 2017 to 2022.
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Based on application, the non-aeronautical segment of the smart airport is anticipated to witness higher growth during the forecast period. The constant drive to increase non-aeronautical revenue opportunities has been a priority for airport business models. Services such as food-and-beverages, advertising, retail outlet, smart parking, personalized services, Wi-Fi, and lounge access are key resources for generating overall airport profitability. This increasing demand for non-aeronautical operations and revenues are expected to propel the growth of non-aeronautical operations segment during the forecast period.
Top Key Players: Honeywell Corporation Inc (U.S.), Rockwell Collins (U.S.), SITA (Switzerland), Siemens AG (Germany), IBM Corporation (U.S.), and Amadeus IT Group SA (Spain) among others
The terminal segment includes baggage handling, check-in systems, building operations, sustainable energy management. A landside segment for smart airports market is vehicular parking, security, intelligent advertising. Further, on the basis of application, the market for the smart airport is segmented into aeronautical operations, non-aeronautical operations. The market is analyzed based on five regions namely North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. The regional segment is bifurcated into various countries such as US, UK, France, Germany, China, Japan, India, and Brazil.
Furthermore, far-reaching investments are being made in the R&D sector to facilitate product developments and enhancements. With the arrival of new technologies on a regular basis, players are endeavoring hard to integrate the latest technology to gain a competitive edge over the rest. After studying the key players, the report concentrates on the startups impacting the growth of the market.
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Table of Content:
Chapter 1 Industry Overview of Smart Airport
Chapter 2 Manufacturing Cost Structure Analysis of Smart Airport
Chapter 3 Technical Data and Manufacturing Plants Analysis of Smart Airport
Chapter 4 Global Smart Airport Overall Market Overview
Chapter 5 Smart Airport Regional Market Analysis
Chapter 6 Major Manufacturers Analysis of Smart Airport
Chapter 7 Development Trend of Analysis of Smart Airport Market
Chapter 8 Smart Airport Marketing Type Analysis
Chapter 9 Conclusion of the Global Smart Airport Market Professional Survey Report 2018
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It Intelligence Markets
Vijay Tanna
+919764607607
sales@itintelligencemarkets.com
Source: EmailWire.Com
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