Airport Robots Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.15 Billion |
| Market Size (2029) | USD 2.44 Billion |
| CAGR (2024 - 2029) | 16.18 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Airport Robots Market Analysis
The Airport Robots Market size is estimated at USD 1.15 billion in 2024, and is expected to reach USD 2.44 billion by 2029, growing at a CAGR of 16.18% during the forecast period (2024-2029).
Robots are increasingly becoming prevalent in airports worldwide, aiding officials in passenger interactions and providing a range of services. These include information, guidance, entertainment, cleaning, and security. This surge in robotic applications is poised to propel market growth. As airports pivot toward advanced technology, the focus is on enhancing customer experiences and replacing outdated systems.
The vision for many airport officials is the realization of 'smart airports,' a goal pursued by numerous nations. However, the market faces challenges due to the high costs associated with manufacturing, installing, and maintaining these robotic systems. The rising adoption of AI and chatbots for airline bookings and inquiries is set to reshape market dynamics.
Airport Robots Market Trends
The Airport Security Segment Holds the Largest Market Share
By 2024, the airport security segment will dominate the market, reflecting the global emphasis on bolstering airport security in the face of rising terrorism threats. Airports worldwide are increasingly turning to autonomous robots as a cornerstone of their security strategy. Hamad International Airport and La Guardia Airport have adopted such robots equipped with cutting-edge features like facial recognition, cameras, and sensors. These robots can even remotely measure pulse rates, allowing them to detect suspicious individuals, counterfeit currency, and explosives, all while maintaining smooth passenger flow.
As new airports spring up, there is a noticeable shift toward tech-centric designs, prioritizing both passenger convenience and safety. A standout event was Knightscope Inc., a prominent autonomous security robot manufacturer, securing a contract in December 2022 to supply robots to a New Jersey airport. This achievement underscored the growing reliance on such technology, hinting at a future with similar opportunities.
Asia-Pacific is Expected to Register the Highest Growth During the Forecast Period
Asia-Pacific leads the global surge in airport infrastructure development, propelled by a rising influx of air passengers. This growth is driving the adoption of cutting-edge technologies, notably airport robots. China emerges as a standout in the realm of air travel expansion. Forecasts suggest that Asia-Pacific is poised to sustain this growth trajectory, with civil aviation authorities doubling down on new airport investments. However, this growth is shadowed by mounting concerns over airport security, increasing the demand for advanced security technologies.
India and China are investing heavily in expanding and modernizing their airports. For instance, in April 2023, Singapore's Changi Airport deployed two patrol robots, bolstering security measures. In June 2022, Coimbatore Airport in India conducted trials with AI-enabled robots, and Bengaluru International Airport introduced ten AI-powered support robots. These initiatives, alongside the Airport Authority of India's pioneering use of AI robots in Bangalore, underscore the region's dedication to elevating operational efficiency and passenger satisfaction.
Airport Robots Industry Overview
The airport robot market is semi-consolidated, with a handful of players controlling the market. LG Electronics Inc., Stanley Robotics, SITA, CYBERDYNE Inc., and OMRON Corporation are the leading players in the market. The companies have been engaged in various initiatives and product innovations, which led them to strengthen their presence in the market. For instance, in August 2022, Vistara (TATA SIA Airlines Limited) created an Artificial intelligence (AI) robot, “RADA,” to interact with passengers. RADA has effective features like a boarding pass scan, providing information about the terminal, weather conditions of the destination city, real-time flight status, and departure gates.
Similarly, in June 2023, ADR Ventures, the new Corporate Venture Capital arm of Aeroporti di Roma (ADR), a Corporate Partner of the FTE Digital, Innovation & Business Hub, announced its first venture investment in Ottonomy. This deep tech business provides contactless deliveries with completely autonomous robots. Following a successful proof of concept (PoC) in the Innovation Hub at Rome Fiumicino Airport during the accelerator program, the autonomous delivery project became part of ADR's long-term strategy aimed at maintaining the highest levels of service and enhancing passengers' experiences through the use of cutting-edge technology and innovation.
Airport Robots Market Leaders
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LG Electronics Inc.
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Stanley Robotics
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CYBERDYNE Inc.
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SITA
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OMRON Corporation
*Disclaimer: Major Players sorted in no particular order
Airport Robots Market News
- June 2023: The Fraunhofer Institute for Material Flow and Logistics (Fraunhofer IML) successfully trialed its evoBOT, an autonomous vehicle, at Munich Airport's freight terminal and apron. This innovative robot showcased its versatility, handling tasks from hazardous product management to assisting in airplane loading and unloading.
- November 2022: Pittsburgh International Airport initiated a trial project introducing fully autonomous delivery robots. This pioneering move in airport logistics operates in multiple airports across the US and Europe, offering passengers a contactless delivery experience.
Airport Robots Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Buyers/Consumers
- 4.4.2 Bargaining Power of Suppliers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Application
- 5.1.1 Landside
- 5.1.1.1 Valet Parking
- 5.1.2 Terminal
- 5.1.2.1 Airport Security
- 5.1.2.2 Boarding Pass Scanning
- 5.1.2.3 Airport Baggage System
- 5.1.2.4 Passenger Guidance
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5.2 Geography
- 5.2.1 North America
- 5.2.1.1 United States
- 5.2.1.2 Canada
- 5.2.2 Europe
- 5.2.2.1 United Kingdom
- 5.2.2.2 France
- 5.2.2.3 Germany
- 5.2.2.4 Italy
- 5.2.2.5 Rest of Europe
- 5.2.3 Asia-Pacific
- 5.2.3.1 China
- 5.2.3.2 India
- 5.2.3.3 Japan
- 5.2.3.4 South Korea
- 5.2.3.5 Rest of Asia-Pacific
- 5.2.4 Latin America
- 5.2.4.1 Brazil
- 5.2.4.2 Mexico
- 5.2.4.3 Rest of Latin America
- 5.2.5 Middle East and Africa
- 5.2.5.1 Saudi Arabia
- 5.2.5.2 United Arab Emirates
- 5.2.5.3 South Africa
- 5.2.5.4 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Vendor Market Share
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6.2 Company Profiles
- 6.2.1 SITA
- 6.2.2 LG Electronics Inc.
- 6.2.3 Stanley Robotics
- 6.2.4 CYBERDYNE Inc.
- 6.2.5 OMRON Corporation
- 6.2.6 Hitachi Ltd
- 6.2.7 Knightscope Inc.
- 6.2.8 Yape Srl
- 6.2.9 Artiligent Solutions Pvt. Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Airport Robots Industry Segmentation
Airport robots, a cutting-edge innovation, are making their debut in airports globally. These robots are set to transform airport operations, potentially assuming roles that have long been the domain of human employees. Fueled by AI, airports are exploring the potential of robots not just for conventional tasks such as cleaning, security, and baggage handling but also as advanced passenger assistants. The market for airport robots is diverse, covering applications ranging from valet parking and security to scanning boarding passes and implementing sophisticated baggage handling systems.
The airport robots market is segmented into application and geography. By application, the market is segmented into landside and terminal. The report also covers the market sizes and forecasts in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
| By Application | Landside | Valet Parking |
| By Application | Terminal | Airport Security |
| Boarding Pass Scanning | ||
| Airport Baggage System | ||
| Passenger Guidance | ||
| Geography | North America | United States |
| Canada | ||
| Geography | Europe | United Kingdom |
| France | ||
| Germany | ||
| Italy | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Latin America | Brazil |
| Mexico | ||
| Rest of Latin America | ||
| Geography | Middle East and Africa | Saudi Arabia |
| United Arab Emirates | ||
| South Africa | ||
| Rest of Middle East and Africa |
Airport Robots Market Research Faqs
How big is the Airport Robots Market?
The Airport Robots Market size is expected to reach USD 1.15 billion in 2024 and grow at a CAGR of 16.18% to reach USD 2.44 billion by 2029.
What is the current Airport Robots Market size?
In 2024, the Airport Robots Market size is expected to reach USD 1.15 billion.
Who are the key players in Airport Robots Market?
LG Electronics Inc., Stanley Robotics, CYBERDYNE Inc., SITA and OMRON Corporation are the major companies operating in the Airport Robots Market.
Which is the fastest growing region in Airport Robots Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Airport Robots Market?
In 2024, the Asia Pacific accounts for the largest market share in Airport Robots Market.
What years does this Airport Robots Market cover, and what was the market size in 2023?
In 2023, the Airport Robots Market size was estimated at USD 0.96 billion. The report covers the Airport Robots Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Airport Robots Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Airport Robots Industry Report
Statistics for the 2024 Airport Robots market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Airport Robots analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
