Amid the COVID-19 crisis, the global market for Airport Information Systems estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$5.4 Billion by 2027, growing at a CAGR of 4.6% over the period 2020-2027.
Airport Operation Control Center (AOCC), one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Departure Control System (DCS) segment is readjusted to a revised 4.2% CAGR for the next 7-year period.
The U. S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 7.2% CAGR
The Airport Information Systems market in the U. S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Amadeus IT Group SA
Ikusi
Inform GmbH
Northrop Grumman Corporation
RESA Airport Data Systems
Rockwell Collins, Inc.
Siemens AG
SITA
Ultra Electronics Holdings PLC
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Airport Information Systems: An Introductory Prelude
Steady Growth Projected for Airport Information Systems Market
Uptrend in Airport Infrastructure Investments Points Towards High-Potential Opportunities
Worldwide Investments (in US$ Billion) on New and Existing Airports (2018-2022)
Worldwide Investments (in US$ Billion) on Airport Improvements by Airport Area (2018-2022)
China-Led Asia-Pacific Drives Momentum in Worldwide Airport Infrastructure Spending
New Airport Investment by Region (in US$ Billion) for the Year 2019
Number of New Airport Projects by Region for the Year 2019
Number of Civil Airports in China (2000, 2005, 2010, 2015 & 2020)
China Vs. US: Number of Air Passengers in Millions for Years 2018 and 2038
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