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Smart Airports Market worth $13,481.17 Million by 2020 PowerPoint PPT Presentation


The smart airports market is estimated to be at $9,718.07 million in 2014, and is projected to register a CAGR of 5.61% to reach $13,481.17 million by 2020.

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Smart Airports Market worth $13,481.17 Million by 2020

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Smart airports market worth 13 481 17 million by 2020

MarketsandMarkets

Smart Airports

Market worth

$13,481.17

Million by 2020

September 2014


Smart airports market worth 13 481 17 million by 2020

Smart Airports Market worth $13,481.17 Million by 2020

The report "Smart Airports Market by Application (Landside, Terminal-Side and

airside application), Technology (Security System, Communication System, Air /

Ground Traffic Control, Passenger, Baggage & Cargo System and Other Technologies)

& by Geography (North America, Asia-Pacific, Europe, Latin America & Africa and the

Middle East) - Forecasts & Analysis to 2014 - 2020". The global market for smart

airports is estimated at $9,718.07 million in 2014 and it is expected to reach $13,481.17

million by 2020, registering a CAGR of 5.61%.

Download Informational PDF Brochure :-

http://www.marketsandmarkets.com/pdfdownload.asp?id=544

Browse 100 market data tables with 79 figures spread through 220 pages and in-

depth TOC on "Smart Airports Market by Application (Landside, Terminal-Side and

airside application), Technology (Security System, Communication System, Air /

Ground Traffic Control, Passenger, Baggage & Cargo System and Other Technologies)

& by Geography (North America, Asia-Pacific, Europe, Latin America & Africa and the

Middle East) - Forecasts & Analysis to 2014 - 2020"

Air travel used to be an expensive affair, often used by high income earners, executive-class

business professionals, and political leaders to travel to distant places. Only few players

had been providing air transport facilities, as passenger traffic was comparatively lesser.

Globalization is considered to be a major and the most important factor that has built and

expanded the aviation industry as it stands today.

Smart airports concept is an outcome of the new aviation era, when the overall airport

industry underwent a transformation phase. Growing air travel demand and increasing air

passenger traffic is considered as a major factor leading to the transformation of airports.

While airports had been considered as infrastructure providers, now they are considered

as service providers with offering modern amenities.

A smart airports concept is intended to facilitate end-to-end information exchange between

all stakeholders including airports, aircraft operators, airport authorities, and passengers.

This concept is developed to provide a platform for collaborative decision making. It

includes various systems integrated at airports such as advance security systems,

information systems, communication systems that provide real-time data to monitor

airport operations including landside, terminal-side, and airside.


Smart airports market worth 13 481 17 million by 2020

This concept is expected to have a significant impact on the overall aviation sector. The

global market for smart airports is estimated at $9,718.07 million in 2014 and it is

expected to reach $13,481.17 million by 2020, registering a CAGR of 5.61%.

The global market for smart airports has been bifurcated on the basis of application

technology and geography including major countries. Terminal-side application segment

accounts for a larger market share when compared to other application segments in global

market for smart airports. Asia-Pacific is expected to register higher CAGR, as the market

for smart airports in the region is projected to increase from $2,367.32 million in 2014 to

$3,571.16 million by 2020, at CAGR of 7.09%.

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Smart airports market worth 13 481 17 million by 2020

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