Next Generation Airport Technology Market is estimated to grow at a CAGR of over 15% During 2021-26

Business Jan 29, 2025 10 Add to Reading List

Global Next Generation Airport Technology Market Overview and Insights:

According to MarkNtel Advisors Report, the Global Next Generation Airport Technology Market projected to grow at a CAGR of around 15% during the forecast period, i.e., 2021-26.

Next Generation Airport Technology Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Time Period Captured in the Report:

Historical Years: 2016-19

Base Years: 2020

Forecast Years: 2021-26

In case you missed it, we are currently revising our reports. Click on the "request sample report" button to get the latest research data with forecast for the years 2025to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.

Key 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.

Who are the Key Players Operating in the Next Generation Airport Technology Industry?

The top companies of the Next Generation Airport Technology market ruling the industry are:

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

("Kindly use your official email ID for all correspondence to ensure seamless engagement and access to exclusive benefits, along with prioritized support from our sales team.")

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/global-next-generation-airport-technology-market.html

What is Included in Next Generation Airport Technology Market Segmentation?

The report has segmented the market into the following categories:

-By Application

Flow Monitoring and Management
Traffic Management
Airport Operation Management
Screening and Detection
Parking Management
Safety & Security

Of them all, Traffic Management acquired the largest share in the Global Next Generation Airport Technology Market. Adopting next-generation technologies at airports has become necessary in underpinning crowded & complex airspaces. The integration of advanced technologies has been playing a crucial role in air traffic management for supporting decision-making & improving situational awareness.

These innovative technologies help optimize aircraft trajectories and address airspace capacity shortages. In addition, these technologies are likely to reduce the workload of airport staff and escalate their capabilities with digital transformations. Moreover, they shall also help reduce flight delays & airport congestions. Additionally, various government initiatives for encouraging their respective tourism industries & establishing new airports shall also fuel the demand for advanced technologies for traffic management in the coming years.

-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 Deployment

Cloud
On-Premise

Geographical Analysis:

-By Region

North America
South America
Europe
Middle East & Africa
Asia-Pacific

Customization of Reports Available - https://www.marknteladvisors.com/query/request-customization/global-next-generation-airport-technology-market.html

For Further Queries:

What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
What are the trends influencing the current scenario of the market?
What key factors would propel and impede the industry?
How has the industry been evolving in terms of geography and product adoption?
How has the competition been shaping up across various regions?

Why MarkNtel Advisor Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comprehensive comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.