Report Highlights
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BCC estimates the global market for advanced airport technologies at nearly $8.2 billion in 2009. BCC expects the market to approach $10.3 billion in 2010 and exceed $13.7 billion in 2015, a compound annual growth rate (CAGR) of 5.9% over the next 5 years.
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Security, fire and emergency services were the largest segment of the market in 2009, with a 22% share. However, this segment will experience a negative compound annual growth rate (CAGR) of -7.1% from $2.9 billion in 2010 to $2 billion in 2015.
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Segments that are growing faster than the market as a whole include communications, with a compound annual growth rate (CAGR) of 11.9% over the 5-year forecast period, from $1.5 billion in 2010 to $2.6 billion in 2015.
INTRODUCTION
- Air/ground traffic management and control systems
- Landing aids, guidance, and lighting
- Airport communications
- Digital information display solutions
- Airport management software
- Security, fire protection, and emergency services
- Passenger and baggage handling and control
- Car parking systems
- Executive summary
- Trends in the global airport industry that affect the demand for airport technologies
- Advanced airport technologies that are in use or under development
- Global market size, major segments, and growth trends
- Key patents
- Vendor profiles
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Report Highlights
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The global market for electronic, electro-optical, and other modern technologies used in airports to have been around $8.9 billion in 2006. BCC expects the market to reach $9.1 billion in 2007 and $13.1 billion in 2012 at a compound annual growth rate (CAGR) of 7.5% over the next 5 years.
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Communications systems are the largest segment of the market with a 23% share in both 2006 and 2012. Other major market segments in 2006 include passenger/ baggage/cargo handling and control (18%); security/fire/emergency services (17%); and air/ground traffic control (16%).
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Digital signage systems are the fastest-growing segment with a CAGR of 20% over the next 5 years, increasing their market share from 9% in 2006 to a projected 17% in 2012. Other segments that are growing faster than the market as a whole include communications with a CAGR of 11.9% and air/ground traffic control (11.7%).
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