Overview:

Increased investment in the aviation sector in fast-developing countries such as China, India, Mexico among others is creating new growth avenues for market players. Rapid infrastructure development coupled with the exponential growth in passenger volume in these countries is reflecting favorably on the global airport information systems market. In advanced economies, the focus has shifted towards promoting innovation in the aviation sector, which is also propelling the market growth.

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The global airport information systems market is projected to witness an impressive CAGR of 7.27% during the forecast period (2018-2023). Towards the end of 2023, the market is projected to surpass a valuation of USD 5,750.8 Mn. There is a sharp rise in use of flight information display systems (FIDS) on account of the growing importance of real-time information. Moreover, increased investment in agile and innovative airport management technologies characterizes the market growth. With modern airports becoming larger and multifaceted, the need for advanced airport information system is more than ever-before.

As per the latest report published by Market Research Future (MRFR), the global airport information system market is expected to reach a valuation in excess of USD 5,700 Mn by the year 2023, reflecting a CAGR of 7.27% during the forecast period. The growing importance of harnessing real-time information is driving the popularity of flight information display systems (FIDS).

Nonetheless, the vulnerability to cyber threats continue to cast a shadow over the market potential of airport information systems.

Segmentation:

• By Systems – Airport Operation Control Centre (AOCC) (Resource Management,                                   Cargo Handling, Flight Dispatch and Others) and Departure Control                                 System (DCS) (Passenger Check-in & Boarding, Flight Information                                     Display System, Weather Monitoring System).
• By Type – Passenger System and Non-Passenger System.
• By Platform – Aeronautical Systems and Non-Aeronautical Systems.

Competitive Landscape:

Companies profiled in the report include SITA, Thales Group, Amadeus IT Group SA, Siemens AS, Collins Aerospace, Gentrack, Inform GmbH, Resa Airport Data Systems, Ikusi, and IBM.

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