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  • Airport Information Systems Market Growth & Forecast Analysis | 2022-2028

    Airport Information Systems Market Growth & Forecast Analysis | 2022-2028

    Airport Information Systems Market Growth & Forecast Analysis | 2022-2028
    Report code - SRAD243 Delivery - 2 Weeks
    Airport Information Systems Market Size, Share, Dynamics, Growth, & Forecast Analysis& See more...

    Market Insights

    The airport information systems market 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.

    Airport-Information-Systems-Market-Insights

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    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.

    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.

    Airport Information Systems Market Highlights

    Market Size in 2021

    USD 3.35 billion

    Market Size in 2028

    USD 4.8 billion

    Market Growth (2022-2028)

    5.2% CAGR

    Base Year of Study

    2021

    Trend Period

    2017-2020

    Forecast Period

    2022-2028

    Segments Covered

    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),

    By Region (North America, Europe, Asia-Pacific, and the Rest of the World).

    Key Players

    Some of the major players in the market are-

    • 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.

    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.

    Airport-Information-Systems-Market-Snapshot

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    Segments' Analysis

    By Airport Type

    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.

    By End-Use Type

    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.

    Regional Analysis

    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.

    Airport-Information-Systems-Market-Regional-Analysis

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    Market Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The market is segmented into the following categories.

    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
    • Class D Airports

    By System Type

    • Airport Operation Control Center (AOCC)
    • Departure Control System (DCS)

    By Application Type

    • Finance & Operations
    • Maintenance
    • Ground Handling
    • Security
    • Others

    By Region

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, and the Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and the Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Airport-Information-Systems-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Airport Information Systems Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-use type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    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, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    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.

    The airport information systems market was valued at USD 3.35 billion in 2021.

    The airport information systems market is likely to reach USD 4.8 billion in 2028.

    The market is expected to witness an impressive growth of 5.2% CAGR in the foreseeable future.

    Amadeus IT Group Sa, Damarel Systems International Ltd., Indra Sistemas S.A., IBM Corporation, Inform GmbH, Rockwell Collins, Inc., Siemens AG, Thales Group, and Ultra Electronics Holdings PLC are among the key players in the market.

    The requirement for competent air passenger traffic, technological expansions, and an upsurge in upgradation of prevailing systems are the factors driving the growth of the global market of airport information systems.

    The passenger systems segment is expected to grow at a higher rate in the market in the coming years.

    North America was expected to lead the market in 2021.

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