According to the latest report by IMARC Group, titled “Airport Information Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global airport information systems market size experienced healthy growth during 2014-2019. An airport information system (AIS) is a technological solution that collects, distributes and updates flight information. It displays the information to passengers using electronic or mechanical television screens, which are located inside and around the terminal. AIS is operated either by employees or contractors and the processed data provides support, convenience and comfort within the airport environment.
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Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Advantech Co. Ltd., Airport Information Systems, Amadeus IT Group, CGI Inc., Damarel Systems International Limited, Exelis Inc., IBM Corporation, Ikusi, Indra Sistemas, Inform GmbH, Lockheed Martin, Northrop Grumman, RESA, Rockwell Collins, Siemens AG, SITA, TAV Technologies, Thales Group, Ultra Electronics, etc
Global Market Trends:
Increasing passenger traffic represents one of the key factors driving the global AIS market growth. In addition to this, governments of several countries are investing in the development of smart airports for improving operational efficiencies, passenger services and security capabilities. Furthermore, some airlines are adopting advanced technological solutions, such as body scanners, for detecting non-metallic threats, which is further impelling the market growth. Other than this, the escalating demand for self-service at airports for an automated experience and optimal utilization of resources is anticipated to bolster the market growth in the coming years.
Breakup by Type:
Terminal Side
Air Side
Breakup by System:
Airport Operation Control Center
Departure Control System
Breakup by Airport:
Class A Airports
Class B Airports
Class C Airports
Others
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Breakup by End-Use:
Passenger Systems
Non Passenger Systems
Breakup by Cost:
Operating Cost
Procurement Cost
Integration Cost
Breakup by Application:
Finance & Operations
Maintenance
Ground Handling
Security
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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