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Europe Airport Asset Tracking Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Offering (Hardware and Software), and Asset Type (Fixed Assets, Portable Assets, and Mobile Assets)

Code: TIPRE00015454 | Pages: 108 | Industry: Aerospace and Defense | Date: Oct 2020
Covid

Market Introduction

Airports possess multiple assets, including many ground support facilities used between flights to serve aircraft. A the number of players have been introducing different monitoring solutions for keeping track of these properties for several years, thus increasing the efficiency of ground-handling operations and maintenance activities. Airport properties are typically classified into motorised and non-motorized equipment. The Europe airport asset tracking market is witnessing high growth, and airports in the developing economies account for a major share of the overall demand for these tracking solutions. Considerable investments in the construction of new airports in these economies generate the need for technologically advanced airport asset tracking to achieve simplified operations. In addition to developing economies, several European countries, particularly the Nordic countries, are also seeing witnessing growth in the construction of new airports, boosting the demand for advanced asset tracking solutions. Also in order to achieve cost-competitiveness and reduce overall time, airlines are frequently spending in superior software, which is expected to boost the Europe airport asset tracking market growth in the coming years.

 Furthermore, COVID-19 is having very bad impact over the Europe region. Due to the COVID-19 outbreak, Spain, Italy, Germany, UK, and France are some of the worst affected member states in the European region. Businesses in the region are facing severe economic difficulties as they had either to suspend their operations or reduce their activities in a substantial manner. Owing to business shutdown, the region is anticipated to an economic slowdown in 2020 and most likely in 2021 also. Air business is one of the important businesses in the European countries, and the outbreak of COVID-19 across the region has paralyzed the entire business. The revenue generated from airports contributes a significant share in the GDP of every European country. However, the airports in the region are witnessing continual stall in revenues, as operations had been suspended for regular passenger flights in last few months as well as halt of airport infrastructure development in several countries. Owing to the temporary termination of airport operations (except cargo business and repatriation), the revenue generation for end users has fallen drastically, which would take a longer time to normalize. However, it is expected that, with the start of construction projects, the demand for technologically advanced systems and the software will grow. Nonetheless, the airport asset tracking market in 2020 in Europe will remain sluggish.

 

Market Overview and Dynamics

The airport asset tracking market in Europe is expected to grow from US$ 88.5 million in 2019 to US$ 233.7 million by 2027; it is estimated to grow at a CAGR of 13.5% from 2020 to 2027. Aviation is among the rapidly evolving industries, and various airport authorities, governments, and technology developers are empowering the industry to cope with a constant rise in the air traffic. The adoption of innovative technologies at airports is high in European countries due to favorable support and investments by governments and airport authorities. The surge in demand for technologically advanced solutions has resulted in the commercialization of the smart airport model. A few smart airports in Europe are Munich Airport (Germany), and London Heathrow Airport (UK). Several other airports are presently keen on adopting and embracing similar technologies to develop intelligent or smart airports. The smart airports demand premium technological solutions for the seamless management of various airport operations, ranging from passenger boarding to baggage and cargo handling. Thus, rise in the construction of smart airports is generating massive demand for robust solutions, which is projected to support the growth of the airport asset tracking market players during the forecast period.

Key Market Segments

In terms of offering, the hardware segment accounted for the largest share of the Europe airport asset tracking market in 2019. In terms of asset type, the mobile assets segment held a larger market share of the Europe airport asset tracking market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the airport asset tracking market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Abeeway, Adveez; Asset Fusion Limited; Ctrack, Geotab Inc., indoo.rs GmbH, Steerpath Oy, Targa Telematics S.p.A., TracLogik, Undagrid, Unilode Aviation Solutions.

Reasons to buy report

  • To understand the Europe airport asset tracking market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe airport asset tracking market
  • Efficiently plan M&A and partnership deals in Europe airport asset tracking market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe airport asset tracking market
  • Obtain market revenue forecast for airport asset tracking market by various segments from 2020-2027 in Europe region.

Europe Airport Asset Tracking Market Segmentation

Europe Airport Asset Tracking Market - By Offering

  • Hardware
  • Software

Europe Airport Asset Tracking Market - By Asset Type

  • Fixed Assets
  • Portable Assets
  • Mobile Assets

Europe Airport Asset Tracking Market - By Country

  • France
  • Germany
  • Italy
  • Russia
  • UK
  • Rest of Europe

Europe Airport Asset Tracking Market - Company Profiles

  • Abeeway
  • Adveez
  • Asset Fusion Limited
  • Ctrack
  • Geotab Inc.
  • indoo.rs GmbH 
  • Steerpath Oy
  • Targa Telematics S.p.A.
  • TracLogik
  • Undagrid
  • Unilode Aviation Solutions

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Airport Asset Tracking Market Landscape

4.1         Market Overview

4.2         Europe PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           Europe Airport Asset Tracking Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Integrated Platform for Numerous Asset Tracking Tasks Being Widely Accepted

5.1.2        Mounting Air Traffic Due to Increase in Airports Tally

5.2         Market Restraints

5.2.1        Developed Countries Depriving Airport Investments

5.3         Market Opportunities

5.3.1        Increasing Collaborations within Ecosystem Players

5.3.2        Smart Airports Being Constructed Rapidly

5.4         Future Trends

5.4.1        Advent of Low-Power Wide-Area Networks

5.5         Impact Analysis of Drivers and Restraints

6.           Airport Asset Tracking Market – Europe Analysis

6.1         Europe Airport Asset Tracking Market Overview

6.2         Europe Airport Asset Tracking Market –Revenue, and Forecast to 2027 (US$ Million)

6.3         Market Positioning – Key Players

7.           Europe Airport Asset Tracking Market Analysis –  By Offering

7.1         Overview

7.2         Europe Airport Asset Tracking Market, By Offering (2019 and 2027)

7.3         Hardware

7.3.1        Overview

7.3.2        Hardware: Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

7.4         Software

7.4.1        Overview

7.4.2        Software: Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

8.           Europe Airport Asset Tracking Market Analysis –  By Asset Type

8.1         Overview

8.2         Europe Airport Asset Tracking Market Breakdown, by Asset Type, 2019 & 2027

8.3         Fixed Assets

8.3.1        Overview

8.3.2        Fixed Assets Market Revenue and Forecast to 2027 (US$ Million)

8.4         Portable Assets

8.4.1        Overview

8.4.2        Portable Assets Business Market Revenue and Forecast to 2027 (US$ Million)

8.5         Mobile Assets

8.5.1        Overview

8.5.2        Mobile Assets Market Revenue and Forecast to 2027 (US$ Million)

9.           Europe Airport Asset Tracking Market – Country Analysis

9.1         Overview

9.1.1        Europe: Airport Asset Tracking Market, by Key Country

9.1.1.1          France: Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1          France: Airport Asset Tracking Market, by Offering

9.1.1.1.2          France: Airport Asset Tracking Market, by Asset Type

9.1.1.2          Germany: Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1          Germany: Airport Asset Tracking Market, by Offering

9.1.1.2.2          Germany: Airport Asset Tracking Market, by Asset Type

9.1.1.3          Italy: Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1          Italy: Airport Asset Tracking Market, by Offering

9.1.1.3.2          Italy: Airport Asset Tracking Market, by Asset Type

9.1.1.4          UK: Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.4.1          UK: Airport Asset Tracking Market, by Offering

9.1.1.4.2          UK: Airport Asset Tracking Market, by Asset Type

9.1.1.5          Russia: Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.5.1          Russia: Airport Asset Tracking Market, by Offering

9.1.1.5.2          Russia: Airport Asset Tracking Market, by Asset Type

9.1.1.6          Rest of Europe: Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.6.1          Rest of Europe: Airport Asset Tracking Market, by Offering

9.1.1.6.2          Rest of Europe: Airport Asset Tracking Market, by Asset Type

10.        Impact of COVID-19 on Europe Airport Asset Tracking Market

10.1      Europe: Impact Assessment of COVID-19 Pandemic

11.        Airport Asset Tracking Market-Industry Landscape

11.1      Market Initiative

11.2      Merger and Acquisition

11.3      New Development

12.        Company Profiles

12.1      Steerpath Ltd.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      TracLogik

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Undagrid B.V.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Targa Telematics S.p.A.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Geotab Inc.

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      indoo.rs GmbH

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Unilode Aviation Solutions

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Abeeway

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Adveez

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10   Asset Fusion Limited

12.10.1  Key Facts

12.10.2  Business Description

12.10.3  Products and Services

12.10.4  Financial Overview

12.10.5  SWOT Analysis

12.10.6  Key Developments

12.11   Ctrack

12.11.1  Key Facts

12.11.2  Business Description

12.11.3  Products and Services

12.11.4  Financial Overview

12.11.5  SWOT Analysis

12.11.6  Key Developments

13.        Appendix

13.1      About The Insight Partners

             13.2      Word Index

LIST OF TABLES

Table 1.             Europe Airport Asset Tracking Market –Revenue and Forecast to 2027 (US$ Million)

Table 2.             France: Airport Asset Tracking Market, by Offering –Revenue and Forecast to 2027 (US$ Million)

Table 3.             France: Airport Asset Tracking Market, by Asset Type –Revenue and Forecast to 2027 (US$ Million)

Table 4.             Germany: Airport Asset Tracking Market, by Offering –Revenue and Forecast to 2027 (US$ Million)

Table 5.             Germany: Airport Asset Tracking Market, by Asset Type –Revenue and Forecast to 2027 (US$ Million)

Table 6.             Italy: Airport Asset Tracking Market, by Offering –Revenue and Forecast to 2027 (US$ Million)

Table 7.             Italy: Airport Asset Tracking Market, by Asset Type –Revenue and Forecast to 2027 (US$ Million)

Table 8.             UK: Airport Asset Tracking Market, by Offering –Revenue and Forecast to 2027 (US$ Million)

Table 9.             UK: Airport Asset Tracking Market, by Asset Type –Revenue and Forecast to 2027 (US$ Million)

Table 10.          Russia: Airport Asset Tracking Market, by Offering –Revenue and Forecast to 2027 (US$ Million)

Table 11.          Russia: Airport Asset Tracking Market, by Asset Type –Revenue and Forecast to 2027 (US$ Million)

Table 12.          Rest of Europe: Airport Asset Tracking Market, by Offering –Revenue and Forecast to 2027 (US$ Million)

Table 13.          Rest of Europe: Airport Asset Tracking Market, by Asset Type –Revenue and Forecast to 2027 (US$ Million)

Table 14.            Europe Airport Asset Tracking Market: List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe Airport Asset Tracking Market Segmentation

Figure 2.           Europe Airport Asset Tracking Market Segmentation – By Country

Figure 3.           Europe Airport Asset Tracking Market- Country Analysis

Figure 4.           Europe Airport Asset Tracking Market Overview

Figure 5.           Hardware Segment Is Expected To Dominate The Market By Offering

Figure 6.           Mobile Assets Segment Is Expected To Witness The High Growth During The Forecast Period 2020-2027

Figure 7.           Europe PEST Analysis

Figure 8.           Europe Airport Asset Tracking Market, Ecosystem

Figure 9.           Europe Airport asset tracking Market Impact Analysis of Drivers and Restraints

Figure 10.        Europe Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Europe Airport Asset Tracking Market Revenue Share, by Offering (2019 and 2027)

Figure 12.        Europe Hardware: Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Europe Software: Airport Asset Tracking Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        Europe Airport Asset Tracking Market Breakdown, by Asset Type (2019 and 2027)

Figure 15.        Europe Fixed Assets Market Revenue and Forecast to 2027(US$ Million)

Figure 16.        Europe Portable Assets Business Market Revenue and Forecast to 2027(US$ Million)

Figure 17.        Europe Mobile Assets Market Revenue and Forecast to 2027(US$ Million)

Figure 18.        Europe: Airport Asset Tracking Market Revenue Share, By Key Country (2019 and 2027)

Figure 19.        France: Airport Asset Tracking Market – Revenue and Forecast To 2027 (US$ Million)

Figure 20.        Germany: Airport Asset Tracking Market – Revenue and Forecast To 2027 (US$ Million)

Figure 21.        Italy: Airport Asset Tracking Market – Revenue and Forecast To 2027 (US$ Million)

Figure 22.        UK: Airport Asset Tracking Market – Revenue and Forecast To 2027 (US$ Million)

Figure 23.        Russia: Airport Asset Tracking Market – Revenue and Forecast To 2027 (US$ Million)

Figure 24.        Rest of Europe: Airport Asset Tracking Market – Revenue and Forecast To 2027 (US$ Million)

Figure 25.          Impact of COVID-19 Pandemic in Europe Market

  1. Abeeway
  2. Adveez
  3. Asset Fusion Limited
  4. Ctrack
  5. Geotab Inc.
  6. indoo.rs GmbH  
  7. Steerpath Oy
  8. Targa Telematics S.p.A.
  9. TracLogik
  10. Undagrid
  11. Unilode Aviation Solutions

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe airport asset tracking market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe airport asset tracking market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the airport asset tracking market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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