Global Smart Airport Market To Reach USD 15.64 billion by 2023
Global Smart Airport Market - Trends, Growth, Analysis, Future Market (2018 - 2023)
(EMAILWIRE.COM, February 20, 2018 ) Airports are required to be technologically advanced and equipped to serve the increasing air-traffic. Therefore, to be more entrepreneurial and practical becomes important for them, to bring about changes in the airport structures. The main aim of constructing smart airport is to make systems and processes digitally equipped and organized, in terms of process efficiency and connectivity. Further, this helps the systems to pervade with intelligence and improve accessibility.
In 2017, the smart airport market accounted for USD 10.87 billion and is expected to reach USD 15.64 billion, registering a CAGR 5.82%, during 2017-2023 (the forecast period).
Browse details of 90 pages research report developed on Global Smart Airport Market @ https://www.researchcosmos.com/reports/global-smart-airport-market-trends-growth-analysis-future-market-2018-2023/8825306
Hamad International Airport (HIA) signed a contract with Huawei to speed up the Qatar airport’s digital transformation. The major focuses of this strategic partnership are expected to be on Internet of Things (IoT), and autonomous machines, in order to address the business opportunities and challenges. Moreover, this partnership will enable the development of the smart airport and upgrade the passenger management, further fulfilling the needs of digital-savvy customers. Thereby, these technological service providers are involved in serving ICT solutions, to accelerate the digital transformation in airports and their operations.
Smart robots are set to boost the productivity scenario at Changi Airport. An smart wheelchair system, wheelchairs guided by vision-based technology, is on trial at the airport. Other futuristic technologies include Roboto, a prototype robotic chef that can prepare ‘laksa’ for passengers at the Sats Premier Lounges. In the first quarter of 2017, Changi Airport is involved in testing smart vehicles that work on ‘Follow-Me’ technology for transporting food trolleys within the premises.
Transport Security Administration (TSA) and Homeland Security are developing a smart mannequin (PATT) that contains a sensor layer and can accurately measure the applied pressure during a pat-down procedure. These smart mannequins are designed differently, and effectively for male and female body shapes and have up to 2,000 sensors covering the entire surface area, to provide the best possible feedback.
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According to SITA IT Airport Survey, around 80% of the airports have been investing in beacons and other sensors for the next three years, which would make passengers journey comfortable and timely. Geographically alone, the Middle East market is expected to reach USD 850 million by 2020, owing to the high investments, especially in UAE.
Major Key Players:
HONEYWELL INTERNATIONAL INC, CISCO SYSTEMS INC, SIEMENS AG, ROCKWELL COLLINS INC., RAYTHEON amongst others.
Reasons to Purchase this Report
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
• Study on the regions that are expected to witness fastest growth during the forecast period.
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet (in excel).
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
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In 2017, the smart airport market accounted for USD 10.87 billion and is expected to reach USD 15.64 billion, registering a CAGR 5.82%, during 2017-2023 (the forecast period).
Browse details of 90 pages research report developed on Global Smart Airport Market @ https://www.researchcosmos.com/reports/global-smart-airport-market-trends-growth-analysis-future-market-2018-2023/8825306
Hamad International Airport (HIA) signed a contract with Huawei to speed up the Qatar airport’s digital transformation. The major focuses of this strategic partnership are expected to be on Internet of Things (IoT), and autonomous machines, in order to address the business opportunities and challenges. Moreover, this partnership will enable the development of the smart airport and upgrade the passenger management, further fulfilling the needs of digital-savvy customers. Thereby, these technological service providers are involved in serving ICT solutions, to accelerate the digital transformation in airports and their operations.
Smart robots are set to boost the productivity scenario at Changi Airport. An smart wheelchair system, wheelchairs guided by vision-based technology, is on trial at the airport. Other futuristic technologies include Roboto, a prototype robotic chef that can prepare ‘laksa’ for passengers at the Sats Premier Lounges. In the first quarter of 2017, Changi Airport is involved in testing smart vehicles that work on ‘Follow-Me’ technology for transporting food trolleys within the premises.
Transport Security Administration (TSA) and Homeland Security are developing a smart mannequin (PATT) that contains a sensor layer and can accurately measure the applied pressure during a pat-down procedure. These smart mannequins are designed differently, and effectively for male and female body shapes and have up to 2,000 sensors covering the entire surface area, to provide the best possible feedback.
Avail Sample Market Brochure of the report for more information to understand report usefulness, Get a Copy @ https://www.researchcosmos.com/request/8825306
According to SITA IT Airport Survey, around 80% of the airports have been investing in beacons and other sensors for the next three years, which would make passengers journey comfortable and timely. Geographically alone, the Middle East market is expected to reach USD 850 million by 2020, owing to the high investments, especially in UAE.
Major Key Players:
HONEYWELL INTERNATIONAL INC, CISCO SYSTEMS INC, SIEMENS AG, ROCKWELL COLLINS INC., RAYTHEON amongst others.
Reasons to Purchase this Report
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
• Study on the regions that are expected to witness fastest growth during the forecast period.
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet (in excel).
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
Inquire before buying this report @ https://www.researchcosmos.com/inquire/8825306
About Research Cosmos:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.
Contact Us:
Kevin Stewart
Sales Manager
Research Cosmos
www.researchcosmos.com
kevin@researchcosmos.com
# +1 888 709 8757
Contact Information:
Research Cosmos
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Tel: +1 888 709 8757
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Research Cosmos
Dani Rodriguez
Tel: +1 888 709 8757
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results