Global Market Insights, Inc. has added a new report on airport information system market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.
Based on solutions, the market is divided into resource management solutions, flight information display systems (FIDS), public address systems, passenger processing solutions, airport operational database (AODB) and baggage processing solutions. Baggage processing solutions accounts for a significant share in the airport information system market place. Prevention of baggage mishandling and quick baggage processing will enhance the capacity of the airport to cater new airlines. Passenger processing solutions such as biometric passenger recognition devices, passenger kiosks, and security scanning are expected to witness significant growth.
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Stringent regulations associated with the aviation industry are positively impacting the airport information system market proliferation over the study timeframe. For instance, controlled access is mandated by the Federal Aviation Regulation (FAR) 1542. This regulation promotes the usage and installation of airport information systems such as Security Identification Display Area (SIDA) for preventing crimes and terrorism, positively influencing the industry share over the projected timeframe.
Based on operation, the airport information system market is categorized into airside and terminal side. The growth in the airside segment is attributed to the requirement for efficient management of airport gate and flight operations. Advancements in software development and technology such as Airport Surface Detection Equipment (ASDE), Radar Data Processing & Display System (RDPDS), and weather detection software are offering highly efficient and advanced information for passengers, assisting them in knowing the details of their flights, thereby expanding their market share over the forecast timeframe.
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The airport information system market is segmented into Class A, Class B, Class C and Class D airport. Class B airport segment size is anticipated to witness a significant growth rate owing to the proliferating tourism sector and increasing passenger commute from smaller cities, thereby leading to increased penetration of airport information systems.
North America is expected to dominate the airport information system market place followed by Europe. This dominance is attributed to the increasing demand for aircrafts across the region. However, Asia Pacific is expected to showcase considerable growth in the airport information system market place. Increasing demand in air travel due to low fare price, rise in smartphone technology and discounts on flight tickets offered by multiple e-commerce platforms will positively contribute towards the airport information system market expansion till 2025.
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The key players in the airport information system market place include IBM, Siemens, Inform, HCL infosystems, SITA, Rockwell Collins Inc., Amadeus IT Group SA, Microsoft, The Thales Group, NEC, Cisco Systems and Ultra Electronics Holdings. Industry players are engaged in partnerships and joint ventures for streamlining their business and gain significant market share.