Stratview Research has recently published a report on Airport Information Systems Market segmented by Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028. The objective of the market experts at Stratview Research is to conduct a thorough analysis of ‘Airport Information Systems’ and put a detailed knowledge about the industry and business attractiveness, revenue, market size, segmentation, growth and restraining factors so that the user gets in-depth information about the industry and the business from a past, current and a future perspective and can potentially invest capital for further growth.

Market Insights

The airport information systems market size was valued at USD 3.35 billion in 2021 and is likely to grow at a CAGR of 5.2% during 2022-2028 to reach USD 4.8 billion in 2028.

Additionally, the report covers a variety of established and emerging start-ups and organisations operating in the industry. As organization’s report provides a comparative analysis by presenting the user with various aspects of the markets discussed in the report.

What is the flight information system?

Flight information systems are mainly electronic display systems installed at airports for displaying flight information for passengers. The system is controlled by a computer system and it displays information such as the arrival or departure of different flights in real-time for the convenience of the passengers.

Flight information systems normally are known to be passenger systems but there are also non-passenger systems available for other purposes. Finance operations, maintenance, ground handling, security, and many other purposes are solved with the help of the airport information systems.

Covid-19 Analysis -

Nationwide lockdowns have impacted, and halted production, supply of raw materials sourcing production has affected the balance in the supply of finished products. This report aims to cover all the aspects of how the pandemic has affected the business in the Airport Information Systems Market and how has the subsequent lockdowns inflamed the industry scenario and what are the areas that needs urgent action and re-planning.

Market Drivers

The growth of the airport information systems market is primarily driven by:

• The requirement for competent air passenger traffic,
• Technological expansions,
• An upsurge in the upgradation of prevailing systems 

Segment-wise analysis

The report encompasses in-depth segmentations like regional segmentation, segmentation by product types, application-wise segmentation, geographical segmentation and thereby gives the user an overview of the effectiveness of the segmentation by various classes.

Based on the airport type, the market is segmented into class A airports, class B airports, class C airports, and class D airports. The class B airport segment is estimated to record the highest growth in the coming five years. The growth of the segment is owing to a rise in passenger traffic from the small cities which has majorly contributed to the demand for expansion and upgradation of airports.

Based on the end-use type, the market is segmented into passenger systems and non-passenger systems.  The passenger systems segment is expected to grow at a higher rate during the forecast period. The demand for auto-check-in and bag drop are the prime growth drivers of this segment.

In terms of regions, North America was expected to lead the market in 2021. The aviation industry is one of the most lucrative industries in the North American region and the market is driven by the presence of global aviation industry manufacturing giants in the region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.     

Key Players in the Airport Information Systems Market

• Amadeus IT Group Sa
• Damarel Systems International Ltd.
• Indra Sistemas S.A.
• IBM Corporation
• Inform GmbH
• Rockwell Collins, Inc.
• Siemens AG
• Thales Group
• Ultra Electronics Holdings PLC

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