IATS Market Dynamics, Latest Scope, Top Key Players with Forecast Analysis

0
0

Market Overview:

Rapid technological advancement is resulting in continuous upgrading of airport equipment to facilitate safety and efficiency of the airways. The intelligent airways transportation system uses information technology in order to manage airway services. Market Research Future (MRFR) has published a report asserting that the global intelligent airways transportation system market is marked to expand remarkably at a CAGR of 11.5% during the forecast period of 2016-2022 and reach the valuation of USD 21.5 Bn by the end of 2022 from USD 11.18 Bn in 2016.

Market Drivers and Restraints:

Increasing adoption of advanced technology and rapid development in artificial intelligence technology are majorly aiding in air traffic organization by maintaining the critical elements of airways transportation systems. Growing trend of internet of things and the benefits of intelligent airways transportation system for enhancing security and service quality are contributing to the significant growth of the global intelligent airways transportation system market. Increasing aircraft fleets and air traffic are inducing high demand for advanced management solutions that provide real-time data, which in turn is propelling the growth of the global intelligent airways transportation system market.

Implementation of intelligent airways transportation system to enhance customer experience and security by making the travel more personalized and for timely managing of services are propelling the growth of the global intelligent airways transportation system market. The features of intelligent airways transportation system that aid in simplifying the complexities regarding the working of airports and airways are inducing demand for advanced solutions, resulting in the expansion of the global intelligent airways transportation system market. However, high cost of upgrades and lack of resources are some of the primary factors that are likely to restrain the growth of the global IATS Market during the forecast period.        

Market Segmentation

The global market for intelligent airways transportation has been segmented based on component, deployment, and technology. 

Based on components, the global market for intelligent airways transportation has been segmented into hardware and software. The hardware segment is further divided into sensor, display units, closed circuit cameras, networking devices, and others. The software segment includes the backend integration various device. 

Based on deployment, the global market for intelligent airways transportation has been segmented into on cloud and on-premises.

Based on technology, the global market for intelligent airways transportation has been segmented into passenger empowerment, smarter baggage solutions, data science, biometric-enabled self-service, robotics, and artificial intelligence, and others.

Get Free Sample Report @  https://www.marketresearchfuture.com/sample_request/2158

Regional Analysis

By region, the global market for intelligent airways transportation has been segmented into North America, Europe, the Asia Pacific, and the Middle East & Africa.

North America is expected to boost the intelligent airways transportation market as a result of intensive research and development in airline-related smart technology, high penetration of the Internet of Things, and the growth of a range of IoT and cloud-related technologies in the region. The North American region is projected to have the largest market share with the presence of early-stage technology adopters in the region. The region also has the involvement of technologically advanced countries such as the U.S. and Canada that facilitate the development of the market for intelligent airways transportation system.

Europe has benefited most from the government’s comprehensive airport automation initiatives.

The Asia Pacific market is projected to see the highest growth due to a steady increase in the number of operating airports, growing demand for airport information systems, growing acceptance of advanced airport technologies, and an improved baggage handling system.

Key Players

The key participants in the Intelligent Airways Transportation System market are – Amadeus IT Holding S.A. (Spain), NEC Corporation (Japan), CISCO Systems Inc.(U.S.), Indra Sistemas S.A. (Spain), International Business Machines Corporation (IBM) (U.S.), Rockwell Collins Inc.(U.S.), Siemens AG (Germany), Unisys Corporation (U.S.), Honeywell Corporation Inc. (U.S.) SITA (Switzerland) among others.

Get Complete Report @ https://www.marketresearchfuture.com/reports/intelligent-airways-transportation-system-market-2158        

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.