The Business Research Company Global Airport Technologies Market Report 2021: Growth and Evolution of COVID-19 to 2030
LONDON, GREATER LONDON, UK, July 27, 2021 /EINPresswire.com/ – According to the new market research report “Airport Technologies Global Market Report 2021: COVID-19 Growth And Change To 2030” published by The Business Research Company, the global airport technology market is expected to grow from $ 11.38 billion in 2020 to $ 12.09 billion in 2021 at a compound annual growth rate (CAGR) of 6.2%. The growth is mainly due to companies resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The airport technology market is expected to reach $ 14.3 billion in 2025 at a CAGR of 4.3%. The increase in illegal immigration is a key driver of the airport technology market.
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The airport technology market consists of the sale of airport technologies that enable a convenient and hassle-free customer experience at the airport. The different types of airport technologies include airport communications, airport management systems and software, digital signage systems, fire fighting systems, security systems, parking systems, airport management systems. passenger, baggage handling systems, cargo control systems, landing aids and guidance and lighting systems.
Global Airport Technology Market Trends
The implementation of automated baggage handling systems is an emerging trend in the airport technology market. Automated baggage handling systems involve the use of small robotic vehicles that transport the baggage from the conveyor belt, through the security system and finally to the respective aircraft carriers. The use of this technology is expected to reduce the number of baggage lost at airports.
Global Airport Technology Market Segments:
The global airport technology market is further segmented on the basis of type, application, and geography.
By type: Airport digital signage systems, Car parking systems, Airport communications, Landing aids, Guidance and lighting, Passenger, baggage and cargo control systems, Airport management software
By application: domestic airport, international airport
By Geography: The global airport technology market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Learn more about the Global Airport Technologies Market report at:
Airport Technologies Global Market Report 2021 is part of a series of new reports from The Business Research Company that provides global airport technologies market overviews, analysis and forecast on market size and growth for the global technology market Airport Technologies, Global Airport Technologies Market Share, Airport Technologies Global Market Players, Global Airport Technologies Market Segments and Geographies, Revenue, Profiles and Market Share of the Major Competitors in the Airport Technologies Market. The Airport Technologies Market report identifies key countries and segments for opportunities and strategies based on market trends and approaches of key competitors.
Read The Business Research Company’s Airport Technologies Global Market Report 2021 for information on the following:
Data segments: market size, global, by region and by country; Historical and forecast size, and growth rate for the world, 7 regions and 12 countries
Relevant airport technology market organizations: Thales ATM SA, Honeywell Airport Solutions, Siemens Airports, Raytheon Corp and CISCO Systems Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The reports are backed by 150,000 datasets, in-depth secondary research, and proprietary information from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 in various markets. Here is a list of reports from The Business Research Company similar to Airport Technologies Global Market Report 2021:
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