May 24, 2021
According to the research report titled ‘Global Next Generation Airport Technology Market Analysis, 2021’, available with Market Study Report, global next generation airport technology market is anticipated to grow momentously through 2026.
Increasing air traffic congestion, rising passenger capacity of aircrafts, and growing use of permanent electronic bag tags are the factors propelling the growth of global next generation airport technology market.
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Additionally, integration automatic check ins & security tracking solutions, along with transition from Airport 2.0 to Airport 3.0, i.e., from self-service & process efficiency model to digitization to optimize passenger processing model are generating lucrative prospects for the business scenario.
Based on technology type, global next generation airport technology industry is segmented into next generation baggage screening, next generation biometric, next generation surveillance technology, next generation airport communication, next generation traffic system, next generation people scanner, next generation automated parking system, and next generation security checkpoint including others.
As cited in the report, next generation baggage screening held a modest industry share in 2020 and is estimated to expand significantly through the forecast duration, due to increasing adoption of electronic bag tags instead of conventional paper bag tags to simplify self-service bag drop with surging passengers.
Meanwhile, next generation biometric segment is poised to grow substantially through 2026, owing to rising usage of digital biometric ID management system that enables the passengers to register biometric data on a mobile app before they arrive at the airport and help in automating the travel journey.
On the basis of application ambit, the marketplace is divided into flow monitoring & management, airport operation management, traffic management, parking management, screening & detection, and safety & security among others. Speaking of deployment model, the industry is classified into cloud, and on premise.
While Asia Pacific, North America, Europe, South America, and Middle East & Africa are major region considered in the report, key players in global next generation airport technology market include L3 Security & Detection Systems Inc., Huawei Technologies Co. Ltd., Cisco Systems Inc., SITA, Amadeus IT Group S.A., International Business Machines Corporation (IBM), Wipro Limited, Siemens AG, TAV Technologies, and Honeywell International Inc.