The Global Market for Advanced Airport Technologies

Published - Mar 2014| Analyst - Andrew McWilliams| Code - IAS024C
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Report Highlights

BCC Research estimates the global market for advanced airport technologies to have been just over $9 billion in 2012. The market should exceed $9.2 billion in 2013 and $11.1 billion in 2018, a compound annual growth rate (CAGR) of 3.8% over the next five years.

Report Includes

  • An overview of the global market for advanced airport technologies.
  • Analyses of global market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
  • Discussion concerning technological, regulatory, security, and economic trends that are effecting the market.
  • A look at developments impacting key airport technology systems such as air and ground traffic management; baggage claim and handling; security, fire, and emergency systems; and many others.

Report Scope

The report covers the worldwide market for electronic, and electro-optical, and other modern technologies used in airports such as:

  • 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.

This report covers only technologies and equipment that are based at the airport or nearby. The emphasis is on civil aviation; the military market is not covered in detail.

The study format includes the following major elements:

  • 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.

Analyst Credentials

Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.

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Published - Jul-2010| Analyst - Andrew McWilliams| Code - IAS024B

Report Highlights

  • 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.
  • 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. 
  • 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.
Published - May-2007| Analyst - Andrew McWilliams| Code - IAS024A

Report Highlights

  • 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.
  • 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%).
  • 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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