Overview of the global airport notification systems market
Airports are being remodeled in accordance with the growing aviation demands. Airport authorities and airlines are adopting alternatives to effectively manage complex airline and airport operations. Technavio's market study identifies the adoption of agile and smart airport concepts to be one of the primary growth factors for the airport notification systems market. Agile and shared infrastructure provides access to a converged network architecture that reduces the turnaround times for airlines and ensures better passenger experience, while, providing advanced operational efficiency. Our market analysts estimate that the market will grow steadily at a CAGR of around 7% by 2021.
Cloud computing enables users to remotely access network servers and airports are increasingly adopting cloud computing systems to replace their outdated IT systems. Airports are adopting cloud computing technology to enhance their operational efficiencies while significantly reducing their initial capital costs. Cloud computing is cost-effective in comparison to maintaining a localized server. This technology enables passengers to access data from different devices remotely at their convenience. These factors will further provide traction to the increasing adoption of cloud computing technology.
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Due to the presence of several international, regional, and local vendors, the airport notification systems market is highly fragmented. Vendors in the market compete intensely in terms of product quality, reliability, and cost. Vendor's performance is impacted by stiff competition, frequent alterations in government policies, rapid advancements in technology, and environmental regulation. To attain competitive advantage in the airport passenger information system market, vendors are focusing on offering cost-effective and high-quality notification systems.
The leading vendors in the market are
The other prominent vendors in the market are Amadeus Airport IT Americas (AirIT), IDS PIDS, INFORM Software, Siemens, and Ultra Electronics Airport Systems.
Segmentation by installation type and analysis of the airport notification systems market
Airport notification systems are installed in the terminal-side to connect the airport authorities to the passengers. Information is relayed to the passengers using PA system or visual displays through flight information display system (FIDS) and gate information display system (GIDS). These systems deliver accurate and timely information to enhance passenger comfort and the airports brand image, while influencing the growth of the airport passenger information system market.
Geographical segmentation and analysis of the airport notification systems market
In APAC, China's government is focused on improving its airports' infrastructure by employing the rapidly developing technologies and expanding their aviation industry. Additionally, the growing preference for air travel is triggering the increasing demand for advanced airport notification systems and equipment. Adoption of smart airports and modernizing their airports will contribute to the growth of the airport passenger information system market in APAC.
Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors driving the global airport notification systems market?
What are the key market trends impacting the growth of the global airport notification systems market?
What are the challenges to market growth?
Who are the key vendors in the global airport notification systems market?
What are the market opportunities and threats faced by the vendors in the global airport notification systems market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global airport notification systems market?
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The upcoming research report on the global airport notification systems market is an integral part of aerospace and defense industry. Technavio provides an extensive collection of research reports on general aviation sector by gathering business intelligence data across various parameters. The upcoming research report on global airport notification systems market helps the client monitor the dynamic shifts in global demand in this industry by inspecting factors such as potential growth, overall sales, demand patterns, and geographic markets.
By deep analysis of market intelligence factors such as product, technology, distribution, pricing, competition, and capacity, research analysts at Technavio produce report containing detailed market landscape of the airport notification systems market. Primary and secondary research such as webinars, personal interviews, expert opinions, and trade journal helps gather an aggregated view of the market. The report on the global airport notification systems market also analyzes geographic regions such as the Americas, APAC, and EMEA by their relative market size and growth rate.
The upcoming report on the global airport notification systems market also considers the growth of related markets such as the light aircraft market and aerotropolis market which are expected to grow at the rate of 6% and 9%, respectively, for the forecast period of 2017 to 2021. The report also monitors the development of vendors operating in the marketspace such as AtHoc, Alertus, Stentofon, Bosch, and Singlewire. Improved reliability and more efficient functioning of the airport via natural calamity warnings could be one of the many reasons which can contribute to the market growth.
The upcoming market research report for the global airport notification systems market also highlights the market size, key drivers, competitive intelligence, comprehensive vendor profiling, competitor's product portfolio, as well as the restraints that the defense sector currently experiences. Technavio also provides an in-depth market assessment into the defense, homeland security, and defense technology.
Our market research methodology for the global airport notification systems market
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