How big is the Smart Airport Market?

The Smart Airport Market size is expected to reach USD 6.24 billion in 2024 and grow at a CAGR of 11.14% to reach USD 10.59 billion by 2029. Read More

What is the current Smart Airport Market size?

In 2024, the Smart Airport Market size is expected to reach USD 6.24 billion. Read More

Who are the key players in Smart Airport Market?

Siemens AG, SITA, Honeywell International, Inc., Cisco Systems, Inc. and RTX Corporation are the major companies operating in the Smart Airport Market. Read More

Which is the fastest growing region in Smart Airport Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart Airport Market?

In 2024, the North America accounts for the largest market share in Smart Airport Market. Read More

What years does this Smart Airport Market cover, and what was the market size in 2023?

In 2023, the Smart Airport Market size was estimated at USD 5.54 billion. The report covers the Smart Airport Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smart Airport Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Smart Airport Market - Size, Growth & Industry by Application

Smart Airport Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Smart Airport Market Report is Segmented by Technology (Security Systems, Communication Systems, Air and Ground Traffic Control, and Passenger, Cargo, and Baggage Ground Handling), Airport Operations (Landside, Airside, and Terminal Side), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Smart Airport Industry Overview

The market for smart airports is highly fragmented, with many players providing advanced smart technology solutions. Some major players in the market are RTX Corporation, SITA, Honeywell International Inc., Siemens AG, and Cisco Systems, Inc. After the COVID-19 pandemic, companies have forged global partnerships with airlines, governments, and airport authorities, focusing on advanced technology solutions.

In a notable move, in June 2022, Air Liquide and Groupe ADP unveiled an ambitious collaboration, marking the inception of the first-ever joint venture to spearhead the development of smart hydrogen infrastructure at airports. This strategic alliance is set to offer engineering services to French airports, aiding in their transition to smart and sustainable hydrogen systems, slated for commercialization by 2035. The new systems, slated for installation and operational testing within airport terminals, are designed for operational efficiency and to enhance the overall customer experience. These innovative, contactless processing solutions are expected to bolster the global footprint of market players in the coming years.