The demand for airport security system technology will drive the North America market for “smart” airports to $7.741 billion by 2026, compared to $3.075 billion in 2016, representing a compound annual growth rate of 9.7%, according to a new report released by Market Study Report LLC, a Delaware-based hub for market intelligence products and services.
The report’s findings and predictions are based on primary and secondary research driven by extensive data mining. The estimates and forecasts were verified through primary research with key industry participants.
Airports are seeking ways to provide passengers with better and seamless personalized experiences. The report sees growing demand for automated and self-service processes, as well as for real-time information.
These substantial growth prospects can be attributed to airports enhancing their business processes to provide optimized services. “Airport operators are investing heavily on IT and digital technology for enhancing customer experience,” the report states in its technology outlook.
PASSENGER COMMUNICATIONS WILL BE KEY
On airports’ land sides, improvements will include the adoption of digital technologies such as transport synchronization, real-time flight information, advanced booking and intelligent passenger steering for enhancing customer experiences and other features.
Airside, expected upgrades cited by the report include in-wallet scanning, geolocation of vehicles, and coordination of vehicles with real-time information of landing aircraft.
Modernization of old airports, introduction of new airports, development in commercial aviation, and increasing focus on green initiatives are other key growth drivers expected to boost market for smart airports in North America.
The new report provides analysis of where smart technology will be expanded, both on the land and air sides of the facilities. Image: Market Study Report
TECHNOLOGY WILL PERVADE THROUGHOUT AIRPORT OPERATIONS
Cyber security threats that attempt to elicit information from passengers are also a security concern for airports, as are unauthorized uses of an airport’s systems, modifications of software and hardware, and configuration and human errors.
While the U.S. still dominates airport construction, the report projects that Canada will witness faster growth in smart airports during the forecast period. That being said, the U.S. still has the busiest airports in North America, and needs better ways to process their flyers.
“Implementation of robotics, artificial intelligence, and machine learning is currently trending in the U.S. aviation industry,” the report observes, citing by way of example Miami International Airport, where beacon technology is used for sending messages and guiding locations to passeners through navigation. “The technology is helping to determine where passengers are congregating, and it further enhances indoor mapping and sending relevant information to customers.”
The report identifies the leading technology suppliers for smart airports, and provides breakdowns by market size, forecasts, and trends analyses by technology, components, applications, and locations. The categories explored include security systems, biometrics, behavioral analytics, communications, cargo and baggage handling, enpoint devices, E-passport gates, air and ground traffic control, automated operations controls, sensors and beacoms, and surveillance devices.
The growing demand for airport technology is also projected by another new report on the North America Ground Handling Software Market, just released by ResearchandMarkets.com. That report foresees 3% annual growth, through 2027, to $471.1 million for this software.
Related Stories
| Jul 18, 2013
Top Government Sector Construction Firms [2013 Giants 300 Report]
Clark Group, Turner, PCL head Building Design+Construction's 2013 ranking of the largest government sector contractors and construction management firms in the U.S.
| Jul 18, 2013
Top Government Sector Engineering Firms [2013 Giants 300 Report]
Fluor, URS, AECOM top Building Design+Construction's 2013 ranking of the largest government sector engineering and engineering/architecture firms in the U.S.
| Jul 18, 2013
Top Government Sector Architecture Firms [2013 Giants 300 Report]
Stantec, HOK, HDR top Building Design+Construction's 2013 ranking of the largest government sector architecture and architecture/engineering firms in the U.S.
| Jul 18, 2013
GSA regains stature under Tangherlini, who looks to trim its holdings, cut energy costs [2013 Giants 300 Report]
Over the past 15 months, Acting GSA Administrator Dan Tangherlini has done a creditable job of restoring the agency’s standing with Congress and the public.
| Jul 2, 2013
LEED v4 gets green light, will launch this fall
The U.S. Green Building Council membership has voted to adopt LEED v4, the next update to the world’s premier green building rating system.
| Jul 1, 2013
Report: Global construction market to reach $15 trillion by 2025
A new report released today forecasts the volume of construction output will grow by more than 70% to $15 trillion worldwide by 2025.
| Jun 28, 2013
Building owners cite BIM/VDC as 'most exciting trend' in facilities management, says Mortenson report
A recent survey of more than 60 building owners and facility management professionals by Mortenson Construction shows that BIM/VDC is top of mind among owner professionals.
| Jun 5, 2013
USGBC: Free LEED certification for projects in new markets
In an effort to accelerate sustainable development around the world, the U.S. Green Building Council is offering free LEED certification to the first projects to certify in the 112 countries where LEED has yet to take root.
| Jun 3, 2013
Construction spending inches upward in April
The U.S. Census Bureau of the Department of Commerce announced today that construction spending during April 2013 was estimated at a seasonally adjusted annual rate of $860.8 billion, 0.4 percent above the revised March estimate of $857.7 billion.
| May 20, 2013
4 emerging trends in parking structure design
Survey of parking professionals reveals how technology is transforming the parking industry.