According to Goldstein Research, innovative technologies to enhance passengers travelling experience and to increase productivity of business operations at airport are driving the growth of global airport display systems market. Rising number of airports and new projects to develop existing airports will further boost the sales of airport display systems.
The global airport display system market is segmented based on products and applications. Product types are further bifurcated into flight information display system, ground information display system and others. Ground information display systems dominate the airport display market and expected to continue its dominance over the forecast period. Airport operation control centre is the central nerve system of the airport which receives and monitors real time data of flight and airport operations and display useful information to passengers at airport terminals.
North America accounted as the largest region for airport display market in 2016 and is expected to dominate the market during the forecast period of 2016-2024. Asia-Pacific is expected to be the fastest growing region for the airport display systems market owing to rapid urbanization and growing number of air passengers in developing countries such as China and India among others. New projects of airport in Asia are also expected to bolster the demand for airport display systems. China is anticipated to grow its number of commercial airports from 202 to 260 by 2024.
Rising adoption of smart airport technologies anticipated to boost airport display systems market
Rapidly growing air passenger traffic, led the airport operators and airlines to focus towards the efficient solutions to manage passengers. With emerging technologies and evolving telecom industry has provided wide range of solutions to cope up with these challenges. For instance, smart display systems can guide the passenger throughout airport and can provide them appropriate information. The rising trend of self-service boarding and check-in facilities are expected to accelerate the demand for airport display systems.
“Global Airport Display Systems Market Outlook 2024” contains detailed overview of the global airport display systems market in terms of market segmentation by product type and by applications type.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Sacle) analysis, Porter’s five force model and SWOT analysis.
Global Airport Display Systems Market report also provides competitive outlook of some of the major players which includes profiling of companies such as Rockwell Collins, INFORM Software, RESA, Siemens AG, Ultra-Electronics, Amadeus, Ikusi, International Business Machines, Northrop Grumman, SITA etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global airport display systems market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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