Airport Information Systems Market is expected to grow at a CAGR of 5.2% during the next five years, according to a newly added report by Stratview Research. The requirement for competent air passenger traffic, technological expansions, and an upsurge in the up-gradation of prevailing systems are the factors underpinning the growth of the global airport information systems market.
The report offers detailed insights into relevant market segments, their growth rates, latest market trends, forecasts, and other vital details. The market has been segmented in six ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period of 2020-2025.
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As per the report, among different airport types, 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 up-gradation of airports.
The passenger systems are projected to register the largest share of the market in the coming five years, in the segment of end-use type.
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North America is expected to remain the largest market for occupant classification systems in the coming five years, according to the analyst. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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The report further mentions about the key manufacturing players Amadeus IT Group SA., Damarel Systems International Ltd., Indra Sistemas S.A., IBM Corporation, Inform GmbH, Rockwell Collins Inc., Siemens AG, Thales Group, and Ultra Electronics Holdings PLC who are emerging fast and their roles in the growing market. It also portraits the important mergers, acquisitions, and other current happenings in the airport information systems market that can be helpful for interested clients in analyzing the market and making the right decisions accordingly.
Salient Features of the Report
The report on Airport Information Systems Market is a well-researched work after analyzing various data from different reliable sources. The report included some of the salient features such as:
- Market structure,
- Market environment analysis,
- Market trend and forecast analysis,
- Market segment trend and forecast,
- Competitive landscape and dynamics,
- Attractive market segments and associated growth opportunities,
- Emerging trends,
- Strategic growth opportunities for the existing and new players,
- Key success factors
About Stratview Research:
Stratview Research is a global research company offering custom research and market research reports for interested clients in different sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Healthcare & Life Sciences, and Oil & Gas. All the reports generated are based on proper data collected from reliable sources and are scrutinized carefully before releasing so that the interested clients and companies can make the most out of it.
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