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Rise in illegal immigration are expected to drive innovation in airport technologies manufacturing, thus driving the market during the forecast period.

The global airport technologies market is expected to grow from $12.3 billion in 2022 to $13.02 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The global airport technologies market size is expected to grow to $15.7 billion in 2027 at a CAGR of 4.8%.

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Global Airport Technologies Market Segments Include:

• By Type: Airport Digital Signage Systems, Car Parking Systems, Airport Communications, Landing Aids, Guidance and Lighting, Passenger, Baggage and Cargo Handling Control Systems, Airport Management Software
• By Airport Size: Small, Medium, Large
• By Application: Domestic Airport, International Airport
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global airport technologies market in 2021.

Major Market Players in the airport technologies market include Thales ATM S.A, Honeywell Airport Solutions, Siemens Airports, Raytheon Corp., CISCO Systems,Inc., Hitachi,Ltd., Bosch Security Systems,Inc.

The implementation of automated baggage handling systems is an emerging trend in the airport technologies market. Automated baggage handling systems involve the use of small robotic vehicles that carry baggage from the conveyor belt, through the security system and finally to the respective aircraft carriers. The use of this technology is expected to reduce the number of bags lost at airports. For instance, in May 2021, UK-based Stansted Airport completed a £70 million upgrade to its baggage handling system, adding 180 automated carts, 2.4 km of conveyor belts, and track to increase efficiency.

The Airport Technologies Global Market Report 2023  provides a airport technologies market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The airport technologies market forecast analyzes airport technologies market size, airport technologies market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Airport technologies refers to the use of modern technology in the airport premises to enhance the passenger’s overall experience.

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