Rising support from worldwide governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. We understand that this health crisis has brought an unprecedented impact on businesses across markets. Based on our research and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Rising Installation of Advanced Systems in Smart airports to Drive Growth
It may hamper the smart airport industry growth in the coming years.
What is Future of Smart Airport?
The global smart airport market size is set to be driven by the rising preference of the masses for air travel. Approximately 45% of the region’s revenue comes from the non-aeronautical sector.
These revenues play a vital role as they solely cannot serve all capital costs and smart airport operations. It comprises of service providers, suppliers, airlines, and smart airports.
Rising Air Traffic to Bolster Growth in Asia Pacific
North America: In 2019, North America held USD 1.28 billion revenue and is set to be the fastest-growing region in the coming years.
Europe, on the other hand, is expected to remain in the second position fuelled by the rising demand for green and smart airports.The Middle East and Africa would exhibit a significant CAGR on account of the increasing investments in the domestic smart airports located in Saudi Arabia and the U.A.E.
Smith’s Detection new HI-SCAN 6040 CTiX checkpoint scanner
Smiths Detection is shaping the future of aviation security with pioneering solutions. Throughout the show, the stand will feature demonstrations of the exciting new HI-SCAN 6040 CTiX checkpoint scanner. EDS CB C3 approved and TSA AT-2 certified, it eliminates the need to remove electronic devices and liquids from hand luggage. Enable fast, informed decision-making; support risk-based screening; and introduce a preventive approach to service and maintenance.
Security as an experience
Ineffective data integration has slowed the industry down for many years. Now, authorities and operators are recognising the benefits of sharing information that could improve a passenger’s journey through a string of airports to reach their final destination.
Space age airports?
Tomorrow’s world is getting closer. They are as follows: Raytheon Technologies Inc. (The U.S.), Siemens AG (Germany), Thales Group (France), Daifuku Co., LTD. (Japan), T-Systems (Germany), Wipro Limited (India), Smart airport Systems (SAS) (France), Infax, Inc. (The U.S.), IBM Corporation (The U.S.), Honeywell International Inc. (The U.S.), SITA (Switzerland), Huawei Technologies Co., LTD. (China)
With artificial intelligence, the app learns more about your preferences, alerting outlets to make personalised offers. Better technology will enable a more customer-focused airport experience.
The use of smart data and integration through smart integrated airport management platforms will see airports implementing or improving operational control centres to help them achieve their visions.
Below are a couple of the latest worldwide industry developments in few years:
- October 2019: Japan Airlines (JAL) declared its new plan to unveil facial recognition technology and self-service bag drop machines at Narita Smart airport, Tokyo.
- July 2019: Dennis Levinson, the Atlantic County Executive stated that a USEDA i6 Challenge grant awarded $750,000 to the Atlantic County Economic Alliance (ACEA). It would enable ACEA to support the development of aviation technology in southern New Jersey.