Press Release / Airport Information Systems Market
Airport Information Systems Market to Exhibit 3.76% CAGR from 2025 to 2032; Rising Investment for Modernization and Renovation of Existing Airports to Augment Market Growth
February 19, 2025 | Aerospace & DefenseThe global airport information systems market size was USD 3.54 billion in 2024. The market is projected to grow from USD 3.70 billion in 2025 to USD 4.79 billion by 2032 at a CAGR of 3.76% over 2025-2032. The market is expected to gain momentum owing to increasing investment done on modernization and renovation of existing airports with advanced technology. This information is provided by Fortune Business Insights, in its report, titled, “Airport Information Systems Market Size, Share & Industry Analysis, By System (Airport Operation Control Center, and Departure Control System) By Airport (Class A, Class B, Class C, and Class D) By Type (Airside, and Terminal Side), By End-Use (Passenger Systems, and Non-Passenger Systems), By Investment (Brownfield, and Greenfield), and Regional Forecast, 2025 – 2032”.
Bahrain International Airport Launch of New Passenger Terminal
In February 2021, Bahrain International Airport announced the launch of a new passenger terminal which is equipped with SITA technology to enhance the travelers’ experience. The Smart Path kiosks from SITA technology, is aided with biometric identification capabilities, this also helps in minimizing the contact of travelers with shared devices.
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/airport-information-systems-market-103044
Growing Expenditure on IT Spending for Operational Improvement by Airports to Aid Growth
The increasing adoption of next-generation technologies on airports, is expected to drive airport information systems market growth. As the advanced and innovative technology helps in achieving higher operational efficiency, it offers passengers a better experience. Thus, increased spending on Information Technology (IT) for airlines, is accelerating the market's demand. For instance, as per a report published by SITA, airports and airlines have made an investment of record USD 50 billion in information technology (IT) in 2018 to enhance the passenger experience.
Key Players Focus on Agreement and Collaborations to Brighten Their Market Prospects
This market is experiencing healthy competition among key players focusing on developing and launching technologies to widen their product offerings and further foster sales revenues. Additionally, the other players are trying to maintain their position in the market by adopting strategies such as merger and acquisition, partnership, and collaboration that will contribute to the growth of the market in upcoming years.
Industry Development
- September 2020 – The Federal Aviation Administration (FAA) Airport Technology Research and Development Branch made a contract of USD 2.4 million with Enterprise Engineering Services LLC (EES). This agreement includes software development, system engineering, programming, maintenance and support of databases.
List of Key Players Profiled in Report
- ADB SAFEGATE (U.S.)
- Amadeus IT Group S.A. (Spain)
- Collins Aerospace (U.S.)
- Damarel Systems International Ltd. (U.K)
- IBM (U.S.)
- IndraSistemas S.A. (Spain)
- INFORM Software (Germany)
- Northrop Grumman Corporation (U.S.)
- Siemens (Germany)
- SITA (Switzerland)
- Thales Group (France)
Further Report Findings
- North America is expected to hold the largest Airport Information Systems market share during the forecast period. This is attributable to the presence of key system integrators such as IBM, Collins Aerospace, in the region. The region stood at USD 1.00 billion in 2020.
- Europe is expected to showcase a significant rise owing to the increased spending on the aviation sector in the U.K., Germany, France, Russia, and others. Furthermore, presence of key market players such as Indra Sistemas S.A., Siemens, Thales Group, is driving the regional market.
- Based on the system, this market is divided into the departure control center and airport operational control center. Out of these, the airport operational control center segment held the highest shares in 2020. This is attributable to increasing demand for improved operational efficiency at airports.
Table of Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2024 |
Forecast Period | 2025-2032 |
Historical Period | 2019-2023 |
Unit | Value (USD Billion) |
Segmentation | System; Airport; Type; End Use; Investment, and Geography |
By System
| |
By Airport
| |
By Type
| |
By End-Use
| |
By Investment
| |
By Geography
|
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- 2024
- 2019-2023
- 200
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