Airport Operations Market By Airport Class (Class A, Class B, Class C, Class D), By Operation (Airside Operations, Landside Operations, Financial Operation, Information Management), By Platform (Hardware, Software, Service), By Airport Category (Commercial Service Airports, Cargo Service Airports, Reliever Airports, General Aviation Airports): Global Opportunity Analysis and Industry Forecast, 2021-2031
Airport operations encompass range of processes, which ensure that an aircraft runs smoothly and effectively in range of different situations. The airport operations are mainly categorized into airside operations, landside operations, financial operations and information management. The airside operations include air traffic management, aircraft landing & navigation, runway management, and ground handling safety. The landside operations are inclined toward serving passengers and maintenance of airport terminals buildings. It includes operations such as passenger check in, baggage handling and tagging, parking facilities, vehicular traffic management, staff and resource allocation among others. The financial operations involves aeronautical and non-aeronautical billing and invoicing operations, staff pay rolls, and point of sales among others. The information management system relates to gather and distributing several information such as arrival and departure, daily flight information, important announcement and airline connections. The rise in air traffic across the globe and adoption of new operational technologies has increased the importance of airport operations over past decade.
Factors such as increase in investment to support brown filed and green field airport operations, rise in passenger traffic across the globe, and adoption of new technologies supporting automation and self-services. The COVID-19 is having a notable impact on airport operations market and have shifted the business dynamics within the forecast timeframe. Currently majority of airports are focused toward reducing their operational cost, increase operational efficiency and reduce their carbon footprint. For instance, In June 2022, the Delhi International Airport Limited (DIAL) announced acquisition of 62 electric vehicles that is anticipated to optimize their airside operations. The electric vehicles is anticipated to be gradually induced within three to four months and reduce approximately 10,000 tons of greenhouse emissions per annum.
The airport operations market is segmented on the basis of airport class, operation, platform and airport category. By airport class, it is categorized into class A, class B, class C, and Class D airports. Depending on operation, the market is fragmented into airside operation, landside operation, financial operation and information management. By platform, it is divided into hardware, software and service. The airport category segment is categorized into commercial service airports, cargo service airports, reliever airports, and general aviation airports. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Companies have adopted product development and product launch as their key development strategies in the Airport operations industry. Moreover, collaborations and acquisitions are expected to enable leading players to enhance their product portfolios and expand into different regions. The key players operating in the airport operations market are Cisco Systems, Inc., Honeywell International Inc., IBM, Indra, QinetiQ, Raytheon Technologies Corporation, Siemens, SITA, Teledyne Technologies Incorporated, Thales, Daifuku Co., Ltd., Damarel Systems International Ltd., Amadeus IT Group, Inform GmbH, Aena, Huawei Technologies Co., Ltd., and ES_Mobility
KEY BENEFITS FOR STAKEHOLDERS
This study presents the analytical depiction of the global airport operations market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall airport operations market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global airport operations market with a detailed impact analysis.
The current airport operations market is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Platform
Hardware
Software
Service
By Airport Category
Commercial Service Airports
Cargo Service Airports
Reliever Airports
General Aviation Airports
By Airport Class
Class A
Class B
Class C
Class D
By Operation
Information Management
Airside Operations
Landside Operations
Financial Operation
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Cisco Systems, Inc.
Honeywell International Inc.
IBM
Indra
QinetiQ
Raytheon Technologies Corporation
Siemens
SITA
Teledyne Technologies Incorporated
Thales
Daifuku Co., Ltd.
Damarel Systems International Ltd.
Amadeus IT Group
Inform GmbH
Aena
Huawei Technologies Co., Ltd.
ES_Mobility
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