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Airport Information System Market to have Good Business Opportunities in the Coming Years

Author : Ronak Bora | Published Date : 2019-04-11 

Global Market Insights, Inc. newly added the Airport Information System Market Report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, and forecast in the coming years.

Stringent regulations associated with the aviation industry are positively impacting the airport information system market proliferation over the study timeframe. For instance, controlled access is mandated by the Federal Aviation Regulation (FAR) 1542. This regulation promotes the usage and installation of airport information systems such as Security Identification Display Area (SIDA) for preventing crimes and terrorism, positively influencing the industry share over the projected timeframe.

Increasing disposable income among emerging nations and reduced flight rates owing to economies of scale efficiency are supporting the airport information system market expansion over the projected timeframe. Further, rising globalization encourages increased passenger movement thereby positively contributing towards the business growth during the forecast period. However, stringent regulatory framework & certification processes, large energy requirements to source information displays and increasing threats from cyber security may act as a hindrance to the industry growth till 2025.

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Based on operation, the airport information system market is categorized into airside and terminal side. The growth in the airside segment is attributed to the requirement for efficient management of airport gate and flight operations. Advancements in software development and technology such as Airport Surface Detection Equipment (ASDE), Radar Data Processing & Display System (RDPDS), and weather detection software are offering highly efficient and advanced information for passengers, assisting them in knowing the details of their flights, thereby expanding their market share over the forecast timeframe.

North America is expected to dominate the airport information system market place followed by Europe. This dominance is attributed to the increasing demand for aircrafts across the region. However, Asia Pacific is expected to showcase considerable growth in the airport information system market place. Increasing demand in air travel due to low fare price, rise in smartphone technology and discounts on flight tickets offered by multiple e-commerce platforms will positively contribute towards the airport information system industry expansion till 2025.

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The key players in the airport information system market include IBM, Siemens, Inform, HCL infosystems, SITA, Rockwell Collins Inc., Amadeus IT Group SA, Microsoft, The Thales Group, NEC, Cisco Systems and Ultra Electronics Holdings. Industry players are engaged in partnerships and joint ventures for streamlining their business and gain significant market share.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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