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The Global Market for Advanced Airport Technologies
BCC Research estimates the global market for advanced airport technologies to have been just over $9 billion in 2012. The market should exceed $9.2 billion in 2013 and $11.1 billion in 2018, a compound annual growth rate (CAGR) of 3.8% over the next five years.
This report provides:
-An overview of the global market for advanced airport technologies.
-Analyses of global market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
-Discussion concerning technological, regulatory, security, and economic trends that are effecting the market.
-A look at developments impacting key airport technology systems such as air and ground traffic management; baggage claim and handling; security, fire, and emergency systems; and many others.
Airports are the backbone of the worldwide commercial air transportation system. The rapid growth of this sector creates a continuing need to expand airports and provide high-quality services. At the same time, technological, regulatory, security, and economic trends are placing new demands on airports.
A major example of technological developments that are forcing airports to introduce new technologies is the introduction of new super-jumbo aircraft such as the Airbus 380. The A380, which can carry up to 850 passengers in some configurations, requires many airports to upgrade their baggage-handling systems and other ground infrastructure.
Regulatory developments often are tied to technological developments. For example, regulatory authorities, such as the Federal Aviation Administration (FAA), are working toward the implementation of Global Positioning System (GPS)-based approach and landing control systems such as LAAS (Local Area Augmentation System). In the future, at least some airports may be required to install LAAS or similar systems.
Airport security has been a major concern for decades due to the vulnerability of commercial aircraft to hijacking. The first recorded aircraft hijacking was in the early 1930s, but there was a large increase in the number of hijacked aircraft in the late 1960s, initially to Cuba but later to the Middle East. Since then, the number of hijackings has decreased, but the horrific events of September 11, 2001, placed airport security in the limelight again.
The result has been a worldwide effort to develop and deploy technologies to prevent terrorists from gaining access to aircraft. The effort to secure the world’s civilian air fleet has become a race, with terrorists finding new ways to circumvent the security measures that have been put in place, as in the case of the “underpants bomber” who nearly succeeded in bombing Northwest Flight 253 on Christmas Day 2009.
GOALS AND OBJECTIVES
This report is an update of a BCC Research report that was published in 2010. The overall goal of this report is to comprehensively describe and quantify the worldwide market for advanced airport technologies such as air traffic management and control, communications, and landing aids.
SCOPE AND FORMAT
The report covers the worldwide market for electronic, and electro-optical, and other modern technologies used in airports such as:
-Air/ground traffic management and control systems
-Landing aids, guidance, and lighting
-Digital information display solutions
-Airport management software
-Security, fire protection, and emergency services
-Passenger and baggage handling and control
-Car parking systems.
This report covers only technologies and equipment that are based at the airport or nearby. The emphasis is on civil aviation; the military market is not covered in detail.
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