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The North America Smart Airports Market size is expected to reach USD 7.74 billion by 2026 according to a new study by Polaris Market Research. The report u201cNorth America Smart Airport Market Share, Size, Trends, Industry Analysis Report By Technology Type (Security Systems, Communication Systems, Passenger, Cargo & Baggage Ground Handling Control, Air/Ground Traffic Control, Endpoint Devices) Component Type (Hardware, Software, Services); By Application Type (Aeronautical Operations, Non-Aeronautical Operations), By Location Type (Landside, Airside, Terminal Side); By Regions, Segments & Forecast, 2020 u2013 2026u201d gives a detailed insight into current market dynamics and provides analysis on future market growth.
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North America Smart Airport Market Set to Exceed $7.74 Billion By 2026 | CAGR 9.7%
North America Smart Airport Market Size Worth $7.74 Billion By 2026 “North America Smart Airport Market Share, Size, Trends, Industry Analysis Report, By Technology Type (Security Systems, Communication Systems, Passenger, Cargo & Baggage Ground Handling Control, Air/Ground Traffic Control, Endpoint Devices); Component Type (Hardware, Software, Services); By Application Type (Aeronautical Operations, Non-Aeronautical Operations); By Location Type (Landside, Airside, Terminal Side); By Countries, Segment Forecast, 2020 - 2026” The North America Smart Airports Market size is expected to reach USD 7.74 billion by 2026 according to a new study by Polaris Market Research. Passengers usually face problems in airport regarding long queues, waiting lines, security check- ins, less real-time information, flight delays, less space in airport, lack of proper customer service, improper baggage handling, lost baggage complaints and lack of facilities for overcoming all these problems airports across the globe are heading towards smart airport for providing better and seamless personalized experience to passengers. Growing demand of automated and self-service processes and growing demand of real time information in airport is driving North America smart airport market. Smart airport security system technology is driving the market as various airports are implementing new innovative smart components such as, flight booking management, automatic check-in, way finding services to automated security checks and border control. The substantial growth prospects of the smart airport market can be attributed to the efforts undertaken by airports across the globe to enhance their business processes and provide optimized services. Airport operators are investing heavily on IT and digital technology for enhancing customer experience. Furthermore, smart airport landside location is adopting digital technologies such as, transport synchronization, real-time flight information, advanced booking and intelligent passenger steering for enhancing passenger experiences and other features. Moreover, Airside is upgrading in various domain such as, In-wallet scanning, geolocation of vehicles and coordination of vehicles with real time information of landing aircrafts. Modernization of old airports, introduction of new airports, development in commercial aviation, and increasing focus on green initiatives are the key growth drivers expected to boost market for smart airports in North America. Browse Detailed Research Report On North America Smart Airport Market Analysis: https://www.polarismarketresearch.com/industry-analysis/north-america-smart-airport- market Cyber security threats are the major concern which may bother passengers in sharing their details with the smart airport system. Also, unauthorized usage of the system poses a threat to the airport - 2 -
North America Smart Airport Market Size Worth $7.74 Billion By 2026 administration IT solutions, central reservation systems, and passenger name records. It also includes unauthorized modification of software and hardware or any IT and communication system. Physical attacks in the form of vandalism, sabotage and explosives on airport assets can result in losses to the stakeholders and assets. Furthermore, human error is also one of the biggest threat which is caused by network administrators. Configuration errors can negatively impact security or operations in the form of cancelled flights, and system down time. Similarly end users, such as, airport employees can make errors by filling wrong passenger information. The North American smart airports market was dominated by the US in 2018, however Canada is expected to witness faster growth during the forecast period. As US has the busiest airports, and the flying volume is increasing at a substantial rate each year, many airports here are in need of better ways to process the flyers. Implementation of robotics, artificial intelligence and machine learning is currently in trend in the US aviation industry. In Miami international airport, beacons technology is used for sending message and guiding location to passenger through navigation. The technology is helping airport in determining where passengers are congregating, and it further enhances in indoor mapping and sending relevant information to customers. Request for sample: https://www.polarismarketresearch.com/industry-analysis/north- america-smart-airport-market/request-for-sample According to Architectural Record published in 2019, over 50 airports in the US are collectively projected to account for up to $70 billion in construction projects in the next three years. These projected not only focuses on renovation and modification, but also aims to refurbish, manufacture, install and operate the ITT systems. Furthermore, Canadian airports observed a 6.3% increase in overall traffic and a 9.8% increase in international footfall in 2017. This increasing passenger inflow has generated a greater need towards advanced technologies and thus is driving the growth of smart airports market in this region. Companies such as The key players in the market include Amadeus IT Group S.A., Cisco Systems, Inc., Honeywell International Inc., International Business Machines (IBM) Corporation, QinetiQ Group Plc, Sabre Corporation, Siemens AG, Rockwell Collins Inc., Thales Group, and T Systems International GmbH among others. - 3 -
North America Smart Airport Market Size Worth $7.74 Billion By 2026 TABLE OF CONTENTS 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources 2. Executive Summary 2.1. North America smart airport - Industry snapshot &key buying criteria, 2016 – 2026 3. North America Smart Airport Market – Industry Outlook 3.1. Market segmentation & scope 3.2. North America smart airport market size and growth prospects 3.3. Smart airport market - Value chain analysis 3.4. Market dynamics 3.4.1. Market Driver Analysis 3.4.1.1. Growing demand of automated and self-service processes 3.4.1.2. Growing demand of real time information at airports 3.4.1.3. Modernization of old airports 3.4.2. Market restraint analysis 3.4.2.1. Vulnerability of cyber 3.5. Market Trends 3.6. Penetration & growth prospect mapping 3.7. Industry analysis –Porter’s 3.8. Key company product analysis 3.9. Smart airport market - PEST analysis 3.10. Market Share Analysis 3.10.1. North America smart airport security systems, company market share, 2019 3.10.2. North America smart airport communication systems, company market share, 2019 3.10.3. North America smart airport passenger, cargo & baggage handling control, company 3.10.4. market share, 2019 3.10.5. North America smart airport endpoint devices, company market share, 2019 3.10.6. North America Smart Airport Air/Ground Traffic Control, Company Market Share, 2019 3.10.7. North America Smart Airport Other Technologies, Company Market Share, 2019 3.10.8. North America Smart Airport System Integrators, Company Market Share, 2019 3.10.9. North America Smart Airport Master System Integrators, Company Market Share, 2019 4. North America Smart Airport Market Technology Estimates & Trend Analysis 4.1. Market Size Estimates & Forecasts and Trend Analysis, 2016-2026 (USD Million) 4.2. Technology Movement Analysis & Market Share, 2019 & 2026 (USD Million) 4.3. Security Systems 4.3.1. Alerts & Cyber Security 4.3.2. Biometrics 4.3.3. E-Fence and Ground Surveillance Radar 4.3.4. Behavioral Analytics 4.3.5. Others 4.4. Communication Systems 4.4.1. Wireless Airports 4.4.2. Smartphones for Communication 4.4.3. Near Field Communication 4.4.4. Social Media - 4 -
North America Smart Airport Market Size Worth $7.74 Billion By 2026 4.5. Passenger, Cargo & Baggage Handling Control 4.5.1. Interactive Advance Passenger Information 4.5.2. RFID Baggage Reconciliation System 4.5.3. iBeacons 4.5.4. E-Passport Gates 4.6. Air/Ground Traffic Control 4.6.1. Automated Control of Operations 4.6.2. Digital Navigation 4.6.3. Surveillance Radar 4.7. Endpoint Devices 4.7.1. Sensors 4.7.2. Tags 4.7.3. Other Devices 4.8. Others 4.8.1. Airport Management Software 4.8.2. Digital Signage 5. North America Smart Airport Market Component Estimates & Trend Analysis 5.1. Market Size Estimates & Forecasts and Trend Analysis, 2016-2026 (USD Million) 5.2. Component Type Movement Analysis & Market Share, 2019 & 2026 (USD Million) 5.2.1. Hardware 5.2.2. Software 5.2.3. Services 5.2.3.1. System Integrators 5.2.3.2. Master System Integrators 6. North America Smart Airport Market Application Estimates & Trend Analysis 6.1. Market Size Estimates & Forecasts and Trend Analysis, 2016-2026 (USD Million) 6.2. Application Movement Analysis & Market Share, 2019 & 2026 (USD Million) 6.2.1. Aeronautical Operations 6.2.2. Non-Aeronautical Operations 7. North America Smart Airport Market Location Estimates & Trend Analysis 7.1. Market Size Estimates & Forecasts and Trend Analysis, 2016-2026 (USD Million) 7.2. Location Movement Analysis & Market Share, 2019 & 2026 (USD Million) 7.2.1. Landside 7.2.2. Airside 7.2.3. Terminal side 8. Regional Estimates & Trend Analysis 8.1. Regional outlook key takeaways 8.2. North America smart airport market share by region, 2019 & 2026 8.3. North America 8.3.1. North America smart airport market by technology, 2016 – 2026 (USD Million) 8.3.2. North America smart airport security systems market by type, 2016 – 2026 (USD Million) 8.3.3. North America smart airport communication systems market, by Type 2016-2026, (USD Million) 8.3.4. North America smart airport passenger, cargo & baggage handling control market, by Type 2016-2026, (USD Million) 8.3.5. North America smart airport endpoint devices market, by Type 2016-2026, (USD Million) 8.3.6. North America smart airport market by component, 2016-2026 (USD Million) 8.3.7. North America smart airport market by application, 2016-2026 (USD Million) 8.3.8. North America smart airport market by location, 2016-2026 (USD Million) 8.3.9. U.S. - 5 -
North America Smart Airport Market Size Worth $7.74 Billion By 2026 U.S. smart airport market by technology, 2016 – 2026 (USD Million) U.S. smart airport security systems market by type, 2016 – 2026 (USD Million) 8.3.9.3. U.S. smart airport communication systems market, by Type 2016-2026, (USDMillion) 8.3.9.4. U.S. smart airport passenger, cargo & baggage handling control market, by Type 2016-2026, (USD Million) 8.3.9.5. U.S. smart airport endpoint devices market, by Type 2016-2026, (USD Million) 8.3.9.6. U.S. smart airport market by component, 2016-2026 (USD Million) 8.3.9.7. U.S. smart airport market by application, 2016-2026 (USD Million) 8.3.9.8. U.S. smart airport market by location, 2016-2026 (USD Million) 8.3.10. Canada 8.3.10.1. Canada smart airport market by technology, 2016 – 2026 (USD Million) 8.3.10.2. Canada smart airport security systems market by type, 2016 – 2026 (USD Million) 8.3.10.3. Canada smart airport communication systems market, by Type 2016- 2026, (USD Million) 8.3.10.4. Canada smart airport passenger, cargo & baggage handling control market, by Type 2016-2026, (USD Million) 8.3.10.5. Canada smart airport endpoint devices market, by Type 2016-2026, (USD Million) 8.3.10.6. Canada smart airport market by component, 2016-2026 (USD Million) 8.3.10.7. Canada smart airport market by application, 2016-2026 (USD Million) 8.3.10.8. Canada smart airport market by location, 2016-2026 (USD Million) 9. Competitive Landscape 9.1. Company Profiles 9.2. Amadeus IT Group S.A. 9.2.1. Company Overview 9.2.2. Financial Performance 9.2.3. Product Benchmarking 9.2.4. Recent Developments 9.3. Cisco Systems, Inc. 9.3.1. Company Overview 9.3.2. Financial Performance 9.3.3. Product Benchmarking 9.3.4. Recent Developments 9.4. Honeywell International Inc. 9.4.1. Company Overview 9.4.2. Financial Performance 9.4.3. Product Benchmarking 9.4.4. Recent Developments 9.5. International Business Machines (IBM) Corporation 9.5.1. Company Overview 9.5.2. Financial Performance 9.5.3. Product Benchmarking 9.5.4. Recent Developments 9.6. QinetiQ Group Plc 9.6.1. Company Overview 9.6.2. Financial Performance 9.6.3. Product Benchmarking 9.6.4. Recent Developments 8.3.9.1. 8.3.9.2. - 6 -
North America Smart Airport Market Size Worth $7.74 Billion By 2026 9.7. Sabre Corporation 9.7.1. Company Overview 9.7.2. Financial Performance 9.7.3. Product Benchmarking 9.7.4. Recent Developments 9.8. Siemens AG 9.8.1. Company Overview 9.8.2. Financial Performance 9.8.3. Product Benchmarking 9.8.4. Recent Developments 9.9. Rockwell Collins Inc 9.9.1. Company Overview 9.9.2. Financial Performance 9.9.3. Product Benchmarking 9.9.4. Recent Developments 9.10. Thales Group 9.10.1. Company Overview 9.10.2. Financial Performance 9.10.3. Product Benchmarking 9.10.4. Recent Developments 9.11. T Systems International GmbH 9.11.1. Company Overview 9.11.2. Financial Performance 9.11.3. Product Benchmarking 9.11.4. Recent Developments Access Press Release on North America Smart Airport Market: https://www.polarismarketresearch.com/press-releases/north-america-smart-airport-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. - 7 -
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