The intelligent airways transport system facilitates the use of information technology for managing the services provided by the airways. The airways relies on the radio network and the GPS system for effective implementation of intelligent transportation system. The intelligent airways transportation system is majorly driven by its ability of providing high security for the passengers and high service quality to the customers. The market will also grow with the increase in the adoption of internet of things in the airways system. The growing trends of internet services is also contributing in the growth of intelligent airways transportation system market. The increasing use of airways transport among all modes of transportation has created an effective and timely management of services among others such as passenger empowerment system/ solution. This solution has a potential to offer a new level of customer service experience and also supports to remove the anxiety in the airport terminal.
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To initiate the following process artificial intelligence and data science are utilized to get the tangible benefits for proper working of airports and airlines. The ability of the systems helps to regulate the air traffic between the destinations and also near airports which therefore help in the growth of intelligent airways transportation market. Whereas, the increasing need for the adoption of intelligent transportation system in airways also helps to increase the customer experience and security by making the travel personalized and smoother by providing end to end service. Raising need of real time information by these intelligent technology is one of the major factor in airports for smooth flow of communication.
The global Intelligent Airways Transportation System Market is expected to grow from US ~$11.18 Billion in 2016 to US~$ 21.5 Billion by 2022, at an estimated CAGR of 11.5%. The factors such as capacity and congestion, high costs of up gradation and resource outages are some of the constraints for the growth of this market. Whereas, increasing disposable income among individuals and growing demand of various technological solutions among airlines in the need of cross domain applications can open up some opportunities for the growth of the market.
July 2018, Brisbane Airport extends partnership with SITA.
Brisbane Airport, which is the third busiest airport in Australia has selected SITA as a technology partner. By this partnership, the Brisbane airport would be able to implement technology provided SITA for the growth and expansion plan of the airport.
June 2018, INDRA Sistemas S.A and Universidad Politécnica de Madrid UPM established Innovation hub for the improvement of smart city management.
By this establishment, the innovation hubs aims to improve smart city management that includes solutions for efficient water management with the help of support system in traffic accidents based on drones and implementing management models for cities.
May 2016, Agreement between Unisys Cloud Based Cargo Systems and Air Canada.
Unisys Corporation, and Air Canada, largest provider of air cargo services, has agreed to work together for the cloud-based Unisys Logistics Management (LMS) to manage its domestic and international cargo devices.
The prominent players in the market of Intelligent Airways Transportation System market are – Amadeus IT Holding S.A. (Spain), CISCO Systems Inc.(U.S.), Indra Sistemas S.A. (Spain), International Business Machines Corporation (IBM) (U.S.), NEC Corporation (Japan), Rockwell Collins Inc.(U.S.), Siemens AG (Germany) , SITA (Switzerland), Unisys Corporation (U.S.), Honeywell Corporation Inc. (U.S.) among others.
Global Intelligent Airways Transportation System Market – Segmentation
- Segmentation by Component: Hardware includes sensor, display units, closed circuit cameras, networking devices and Software
- Segmentation by Deployment Type: On Cloud and On Premise.
- Segmentation by Technology: Passenger environment, smarter baggage solutions, biometric enabled self-service, data science, robotics and artificial intelligence and others
- Segmentation by Region: North America, Europe, Asia-Pacific and Rest of the world.
Global Intelligent Transportation System Market Regional Analysis
Geographically, the global intelligent transportation system market is segregated into North America, Europe, Asia-Pacific and Rest of the World.
North America is the fastest growing region among others due to the presence of intense research and development in the field of smart technology related to airlines, growing penetration of IoT and cloud related technology. The intelligent airways transportation system has the highest market share in the North Region because of the presence of early technology adopters and existence of highly technology advanced countries such as US and Canada. Asia-Pacific region is expected to grow moderately due to the steady rise in the number of operating airports, rising demand of airport information system, increasing adoption of innovative airport technologies, and growing need for enhanced system of baggage handling.
- Airport Authorities
- Airport Technology Vendors
- Airport IT Solution Provider
- Airline Operators
- Airport Planners
- Research institutions
- Technology investors
- IT firms
Table of Contents
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
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