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Airport Information Systems Market Projected to Grow at a Steady Pace During 2022-2028 {{ currentPage ? currentPage.title : "" }}

Stratview Research has published a new report on the Airport Information Systems Market after a thorough analysis of the market. The key sources of information gathered for the report include various industry experts, suppliers, manufacturers, associations along with business distributions. The research report determines unique benefits of the various market size, share and the patent industry. The objective of the Airport Information Systems Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.

Market Insights

The airport information systems market size was estimated at USD 3.35 billion in 2021 and is likely to grow at a CAGR of 5.2% during 2022-2028 to reach USD 4.8 billion in 2028.

What is the flight information system?

Flight information systems are mainly electronic display systems installed at airports for displaying flight information for passengers. The system is controlled by a computer system and it displays information such as the arrival or departure of different flights in real-time for the convenience of the passengers.

Flight information systems normally are known to be passenger systems but there are also non-passenger systems available for other purposes. Finance & operations, maintenance, ground handling, security, and many other purposes are solved with the help of the airport information systems.

Detailed Segmentation – According to the report, the Airport Information Systems Market is Segmented by Type (Terminal Side, Airside), by End-Use Type (Passenger Systems, Non-Passenger Systems), by Airport Type (Class A Airports, Class B Airports, Class C Airports, and Class D Airports), by System Type (Airport Operation Control Center, Departure Control System), by Application Type (Finance & Operations, Maintenance, Ground Handling, Security, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

COVID-19 Impact

The impact of Covid-19 has been staggering and it shook the whole world. The pandemic severely impacted the aviation industry which in turn generated a negative demand for the airport information systems market.

Critical Questions Answered in the Report

l  What are the key trends in the global Airport Information Systems Market?

l  How the market (and its various sub-segments) has grown in the last five years?

l  What would be the growth driver and growth rate in next five years?

l  What is the impact of COVID-19 on the Airport Information Systems Market?

l  What are the key strategies adopted by the major vendors to lead in the Airport Information Systems Market?

l  What is the market share of the key players?

Segment Analysis

Based on the airport type, the market is segmented into class A airports, class B airports, class C airports, and class D airports. The class B airport segment is estimated to record the highest growth in the coming five years. The growth of the segment is owing to a rise in passenger traffic from the small cities which has majorly contributed to the demand for expansion and upgradation of airports.

Based on the end-use type, the market is segmented into passenger systems and non-passenger systems.  The passenger systems segment is expected to grow at a higher rate during the forecast period. The demand for auto-check-in and bag drop are the prime growth drivers of this segment.

In terms of regions, North America was expected to lead the market in 2021. The aviation industry is one of the most lucrative industries in the North American region and the market is driven by the presence of global aviation industry manufacturing giants in the region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Market Drivers

The growth of the airport information systems market is primarily driven by:

  • The requirement for competent air passenger traffic,

  • Technological expansions,

  • An upsurge in the upgradation of prevailing systems.

Key Players

The following is a list of the customers that the Airport Information Systems Market aims to convert the most:

  • Amadeus IT Group Sa

  • Damarel Systems International Ltd.

  • Indra Sistemas S.A.

  • IBM Corporation

  • Inform GmbH

  • Rockwell Collins, Inc.

  • Siemens AG

  • Thales Group

  • Ultra Electronics Holdings PLC.

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, or to cover analysis on any particular geography or segment, please send your inquiry at sales@stratviewresearch.com or +1-313-307-4176.

What we do –

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