Report Highlights
The global market for advanced airport technologies totaled $20.3 billion in 2016. The market should total nearly $21.3 billion in 2017 and $27.2 billion in 2022, registering a compound annual growth rate (CAGR) of 5.1% from 2017 to 2022.
Report Includes
- 55 data tables and 10 additional tables
- An overview of the global market for advanced airport technologies.
- Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.
- Discussion of technological, regulatory, security, and economic trends that are effecting the market.
- A look at developments affecting key airport technology systems, such as air and ground traffic management; baggage claim and handling; and security, fire, and emergency systems.
- Profiles of major companies in the market.
Report Scope
The report covers the worldwide market for these electronic, electro-optical and other modern technologies used in airports:
- Air/ground traffic management and control systems.
- Landing aids, guidance and lighting.
- Airport communications.
- Digital information display solutions.
- Airport management software.
- Security, fire protection and emergency services.
- Passenger and baggage handling and control.
- Car parking systems.
This report covers only technologies and equipment that are based at the airport or nearby. The emphasis is on civil aviation; the military market is not covered in detail.
Analyst Credentials
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
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Report Highlights
BCC Research estimates the global market for advanced airport technologies to have been just over $9 billion in 2012. The market should exceed $9.2 billion in 2013 and $11.1 billion in 2018, a compound annual growth rate (CAGR) of 3.8% over the next five years.
Report Includes
- An overview of the global market for advanced airport technologies.
- Analyses of global market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
- Discussion concerning technological, regulatory, security, and economic trends that are effecting the market.
- A look at developments impacting key airport technology systems such as air and ground traffic management; baggage claim and handling; security, fire, and emergency systems; and many others.
Report Highlights
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BCC estimates the global market for advanced airport technologies at nearly $8.2 billion in 2009. BCC expects the market to approach $10.3 billion in 2010 and exceed $13.7 billion in 2015, a compound annual growth rate (CAGR) of 5.9% over the next 5 years.
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Security, fire and emergency services were the largest segment of the market in 2009, with a 22% share. However, this segment will experience a negative compound annual growth rate (CAGR) of -7.1% from $2.9 billion in 2010 to $2 billion in 2015.
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Segments that are growing faster than the market as a whole include communications, with a compound annual growth rate (CAGR) of 11.9% over the 5-year forecast period, from $1.5 billion in 2010 to $2.6 billion in 2015.
Report Highlights
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The global market for electronic, electro-optical, and other modern technologies used in airports to have been around $8.9 billion in 2006. BCC expects the market to reach $9.1 billion in 2007 and $13.1 billion in 2012 at a compound annual growth rate (CAGR) of 7.5% over the next 5 years.
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Communications systems are the largest segment of the market with a 23% share in both 2006 and 2012. Other major market segments in 2006 include passenger/ baggage/cargo handling and control (18%); security/fire/emergency services (17%); and air/ground traffic control (16%).
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Digital signage systems are the fastest-growing segment with a CAGR of 20% over the next 5 years, increasing their market share from 9% in 2006 to a projected 17% in 2012. Other segments that are growing faster than the market as a whole include communications with a CAGR of 11.9% and air/ground traffic control (11.7%).
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