The demand within the global market for smart airport has been rising on account of the voluminous increase in fleet traffic across national and international airports. The past decade has witnessed the onset of better connectivity amongst regions through the introduction of new flight routes and airlines. Furthermore, affordable air fares and increasing disposable income of the masses has also resulted in an increase in the total traffic on airports. Hence, it is safe to prognosticate that smart airports would soon become an indispensable resort for national governments and regional territories. The facilities that accompany a smart airport are extremely useful and tremendously agile, thus, making it easier for airport authorities to manage the increasing numbers of fleets and passengers. Moreover, passengers can be check-in more easily through the use of facilities and aids that house inside a smart airport. Owing to the aforementioned factors, the global market for smart airport is projected to witness an inflow of voluminous revenues in the years to follow. Furthermore, the encouragement given by governments to airport authorities towards the adoption of smart airport facilities is also projected to cause a demand-uptick in the market.

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Transparency Market Research (TMR) prognosticates that the global market for smart airport would expand at a stellar CAGR of 13.0% over the period ranging from 2018 to 2026. This blog by TMR on the global smart airport market is a deft description that shall contribute towards meeting the astral market projections.

1. Safety, Security, and Agility at Smart Airports

Safety of passengers’ luggage has been a major concern at airports; and on several instances, baggage loss or damage has irked the passengers. Since smart airports endow safe and sound systems for baggage transfer and carriage, the demand within the global smart airport market is on a rise across the world. Furthermore, immigration and security are two of the most important factors that define the competency of airport authorities and airlines. Smart airport facilities include CCTV cameras, electronic surveillance systems, and security systems to regulate the entry of unauthorised persons or articles, and this factor has played a major role in market-demand propulsion. Besides this, the agility offered by smart airport facilities saves time and reduces the incidence of flights missed by passengers.

2. Global Smart Airport Programs

Several regions have rolled out plans to transform their facilities at airports, and this global phenomenon shall have a positive impact on the growth prospects of the global market for smart airport. Along similar lines, the Hamad International Airport (HIA) has successfully completed the primary phase of its smart airport gateway. This shall create ripples across other airport authorities and shall also spur growth in the global smart airport market. Self check-in, bag tags, and boarding passes are some of the facilities that have been overhauled at the airports.

Some of the key players in the global market for smart airport are CISCO System, Inc., SITA, RESA, S.A.S., Thales Group, Honeywell International, Inc.,  and Lufthansa Systems GmbH & Co. KG.