Asia-Pacific Smart Airport Market Demand, Scope, Size, Growth Analysis

New York, USA, 2018-Apr-13— /EPR Network/ —According to Goldstein Research, Asia-Pacific smart airport market is expected to reach USD 6.7 billion by the end of 2024, growing at a CAGR of 7.3% over the forecast period, 2016-2024. The growth of IoT and digitization of the systems in order to cater the rapid growth of air passenger traffic is driving the growth of smart airports. Asia-Pacific Smart airport market segmentation has been done on the basis of solutions, applications, services and geography. Safety management solutions are attracting the major developments and thus acquire the largest market share in 2016. Asia-Pacific Smart airport market is dominated by China, which accounts for over 30% market share on the back of huge government expenditure on the development of smart airports. India being in the high development and construction phase and also an attractive tourism spot, thus accounts for fastest growth rate over the forecast period for developing smart airports.

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Market Segmentation

On the basis of our in-depth analysis, Asia-Pacific Smart Airport Market can be segmented as follows:

Based on Solutions

• Air Traffic Management
• Baggage Management
• Security Management
• Passenger Management
• Mobility
• Information Technology

Based on Application (Airside/Landside)

• Retail
• Cargo
• Passenger experience
• Ground Handling
• Infrastructure Management
• Others (Smart Parking etc.)

Based on Services

• Installation
• Training
• Support and Maintenance

On the basis of region

• Japan {Market Size, Growth Analysis and Opportunity Analysis}
• South Korea {Market Size, Growth Analysis and Opportunity Analysis}
• China {Market Size, Growth Analysis and Opportunity Analysis}
• India {Market Size, Growth Analysis and Opportunity Analysis}
• Singapore {Market Size, Growth Analysis and Opportunity Analysis}
• Australia {Market Size, Growth Analysis and Opportunity Analysis}
• New Zealand {Market Size, Growth Analysis and Opportunity Analysis}
• Rest of APAC {Market Size, Growth Analysis and Opportunity Analysis}

“Asia-Pacific Smart Airport Industry”contains detailed overview of the Asia-Pacific Smart airport market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by solutions, applications and services.

Further, for the in-depth analysis, Asia-Pacific Smart Airport Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asHoneywell Corporation Inc., Rockwell Collins Inc., SITA, Siemens AG, IBM Corporation, CISCO Systems, Huawei Technologies Co. Ltd., Raytheon, Quinetiq Group PLC, Thales Group, IndraSiestma S.A., Sabre Corporation and Amadeus IT Group SA.,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Asia-PacificSmart airport market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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