The Global Next Generation Airport Technology Market size is anticipated to grow at a CAGR of around 15% during the forecast period, i.e., 2021-26. According to MarkNtel Advisors Study.
Global Next Generation Airport Technology Market Driver:
Escalating Passenger Traffic & Mounting Focus on Passenger-Centric Processes: The surging number of air passengers is compelling airports to become highly innovative & adapt rapidly changing dynamics. The adoption of next-generation technologies shall help the aviation sector provide an enhanced passenger travel experience, thereby ensuring safety & security and improving operational efficiency. Hence, these benefits associated with the next-generation airport technologies are projected to boost the global market during 2021-26.
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Key Market Reports Highlights
· Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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Global Next Generation Airport Technology Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2020
-Historical Period: 2016 to 2019
-Forecast Period: 2021 to 2026
- By Technology Type
- Next Generation Security Checkpoint
- Next Generation Automated Parking System
- Next Generation People Scanner
- Next Generation Traffic System
- Next Generation Airport Communication
- Next Generation Surveillance Technology
- Next Generation Biometric
- Next Generation Baggage Screening
- Others
- By Application
- Flow Monitoring and Management
- Traffic Management
- Airport Operation Management
- Screening and Detection
- Parking Management
- Safety & Security
- Others
- By Deployment
- Cloud
- On-Premise
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Honeywell International Inc., TAV Technologies, Siemens, Wipro Limited, IBM Corporation, Amadeus IT Group SA, SITA, Cisco System, Inc., Huawei Technologies Co., Ltd., L3harris Security & Detection Systems, etc. are looking forward to strengthening their market positions.
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