North America Smart Airport Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component [Hardware (Security System, Communication and Navigation System, Endpoint Devices, and Data Storage) and Software] and Application (Terminal Side, Airside, and Landside)

The North America smart airport market is expected to grow from US$ 5,176.52 million in 2022 to US$ 11,633.15 million by 2028; it is estimated to grow at a CAGR of 14.4% from 2022 to 2028.

According to International Air Transport Administration, the airport operational costs can be as high as US$ 9.95 per passenger aeronautical revenue, US$ 7.08 per passenger non-aeronautical revenues, and US$ 13.69 per passenger total cost. The systems deployed for performing airport operations are expensive and incur recurring costs to airports for their servicing, upgrading, and maintenance. Also, according to the Airports Council International (ACI), 2/3rd of airports among all the airports that handle less than 1 million passengers annually witnessed loss during 2020-2021. The airport industry is adopting newer and smarter connected technologies to provide superior services, consistent customer experience, and profitable engagements for airport stakeholders. Advancements in information, communication, IoT, data analytics, enhanced security systems, and other technologies also help airports enhance every aspect of their business. Similarly, the deployment of smart parking in smart airports is one of the major examples of cost-effective airport systems. These systems provide directions to passengers to find available parking spaces. Airport operators can gain greater visibility into their current capacity and predict the capacity expansion requirements. Mobile smart parking apps can also be integrated with e-ticketing for parking to provide a seamless passenger experience and improve operational efficiency and reliability of parking areas, resulting in greater revenue generation at a low cost for airport administrations. Therefore, emerging need for cost-effective airport systems is expected to drive the North America smart airport market growth in the coming years.

By introducing new features and technologies, vendors in the North America smart airport market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market growth at a good CAGR during the forecast period.

North America Smart Airport Market Revenue and Forecast to 2028 (US$ Million)

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North America Smart Airport Market Segmentation

The North America smart airport market is segmented on the basis of component, application, and country. Based on component, the market is bifurcated into hardware and software. The hardware segment dominated the market in 2022. The market for the hardware segment is further segmented into security system, communication and navigation system, endpoint devices, and data storage. Based on application, the North America smart airport market is segmented into terminal side, airside, and landside. The terminal side segment dominated the market in 2022. Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the market in 2022.

Amadeus IT Group SA; Cisco Systems, Inc.; Collins Aerospace; Daifuku Co., Ltd.; Honeywell International Inc.; Huawei Technologies Co., Ltd.; Indra Sistemas, S.A.; SITA; Thales Group; and T-Systems International GmbH are among the leading companies in the North America smart airport market.

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. North America Smart Airport Market Landscape

4.1 Market Overview

4.2 North America PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America Smart Airport Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Focus of Vendors on Customer-Centric Offerings

5.2 Market Restraints

5.2.1 Threat of Cyberattacks to Smart Airport Systems

5.3 Market Opportunities

5.3.1 Airport Construction Initiatives

5.4 Future Trends

5.4.1 Emerging Need for Cost-Effective Airport Systems

5.5 Impact Analysis of Drivers and Restraints

6. Smart Airport Market – North America Analysis

6.1 North America Smart Airport Market Overview

6.2 North America Smart Airport Market Forecast and Analysis

7. North America Smart Airport Market Analysis – By Component

7.1 Overview

7.2 North America Smart Airport Market, By Component (2021 and 2028)

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: Smart Airport Market Revenue and Forecast To 2028 (US$ Million)

7.3.3 Security Systems

7.3.3.1 Overview

7.3.3.2 Security Systems: Smart Airport Market Revenue and Forecast To 2028 (US$ Million)

7.3.4 Communication and Network System

7.3.4.1 Overview

7.3.4.2 Communication and Network System: Smart Airport Market Revenue and Forecast To 2028 (US$ Million)

7.3.5 Endpoint Devices

7.3.5.1 Overview

7.3.5.2 Endpoint Devices: Smart Airport Market Revenue and Forecast To 2028 (US$ Million)

7.3.6 Data Storage

7.3.6.1 Overview

7.3.6.2 Data Storage: Smart Airport Market Revenue and Forecast To 2028 (US$ Million)

7.4 Software

7.4.1 Overview

7.4.2 Software: Smart Airport Market Revenue and Forecast To 2028 (US$ Million)

8. North America Smart Airport Market Analysis – By Application

8.1 Overview

8.2 North America Smart Airport Market, By Application (2021 and 2028)

8.3 Terminal Side

8.3.1 Overview

8.3.2 Terminal Side: Smart Airport Market Revenue and Forecast To 2028 (US$ Million)

8.4 Landside

8.4.1 Overview

8.4.2 Landside: Smart Airport Market Revenue and Forecast To 2028 (US$ Million)

8.5 Airside

8.5.1 Overview

8.5.2 Airside: Smart Airport Market Revenue and Forecast To 2028 (US$ Million)

9. North America Smart Airport Market – Country Analysis

9.1 Overview

9.1.1 North America: Smart Airport Market, by Key Country

9.1.1.1 US: Smart Airport Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 US: Smart Airport Market, by Component

9.1.1.1.2 US: Smart Airport Market, by Hardware

9.1.1.1.3 US: Smart Airport Market, by Application

9.1.1.2 Canada: Smart Airport Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 Canada: Smart Airport Market, by Component

9.1.1.2.2 Canada: Smart Airport Market, by Hardware

9.1.1.2.3 Canada: Smart Airport Market, by Application

9.1.1.3 Mexico: Smart Airport Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 Mexico: Smart Airport Market, by Component

9.1.1.3.2 Mexico: Smart Airport Market, by Hardware

9.1.1.3.3 Mexico: Smart Airport Market, by Application

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 New Product Development

10.4 Merger and Acquisition

11. Company Profiles

11.1 Honeywell International Inc.

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Cisco Systems, Inc.

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Huawei Technologies Co., Ltd.

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Indra Sistemas, S.A.

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Amadeus IT Group SA

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 SITA

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 Collins Aerospace

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Daifuku Co., Ltd.

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Thales Group

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 T-Systems International GmbH.

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Word Index

LIST OF TABLES

Table 1. North America Smart Airport Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. US: Smart Airport Market, by Component–Revenue and Forecast to 2028 (US$ Million)

Table 3. US: Smart Airport Market, by Hardware–Revenue and Forecast to 2028 (US$ Million)

Table 4. US: Smart Airport Market, by Application–Revenue and Forecast to 2028 (US$ Million)

Table 5. Canada: Smart Airport Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 6. Canada: Smart Airport Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 7. Canada: Smart Airport Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. Mexico: Smart Airport Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 9. Mexico: Smart Airport Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 10. Mexico: Smart Airport Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Smart Airport Market Segmentation

Figure 2. North America Smart Airport Market Segmentation – By Country

Figure 3. North America Smart Airport Market Overview

Figure 4. North America Smart Airport Market, By Component

Figure 5. North America Smart Airport Market, By Country

Figure 6. North America: PEST Analysis

Figure 7. North America Smart Airport Market – Ecosystem Analysis

Figure 8. Expert Opinion

Figure 9. North America Smart Airport Market: Impact Analysis of Drivers and Restraints

Figure 10. North America Smart Airport Market Forecast and Analysis (US$ Million)

Figure 11. North America Smart Airport Market, By Component (2021 and 2028)

Figure 12. North America Hardware: Smart Airport Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. North America Security Systems: Smart Airport Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. North America Communication and Network System: Smart Airport Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. North America Endpoint Devices: Smart Airport Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. North America Data Storage: Smart Airport Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. North America Software: Smart Airport Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. North America Smart Airport Market, By Application (2021 and 2028)

Figure 19. North America Terminal Side: Smart Airport Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. North America Landside: Smart Airport Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. North America Airside: Smart Airport Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. North America: Smart Airport Market, by Key Country – Revenue (2021) (US$ Million)

Figure 23. North America: Smart Airport Market Revenue Share, by Key Country (2021 and 2028)

Figure 24. US: Smart Airport Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Canada: Smart Airport Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Mexico: Smart Airport Market – Revenue and Forecast to 2028 (US$ Million)

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America smart airport 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 North America smart airport 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 North America market trends and outlook coupled with the factors driving the smart airport 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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