The FMI report on airport information display market has anticipated a CAGR of 3.4% during the forecast period, up from US$ 4.22 Billion in 2022 to reach the valuation of US$ 5.89 Billion by 2032.
Attributes | Details |
Airport Information Display System Market CAGR | 3.4% |
Airport Information Display System Market (2022) | US$ 4.22 Billion |
Airport Information Display System Market (2027) | US$ 4.99 Billion |
Airport Information Display System Market (2032) | US$ 5.89 Billion |
The demand for airport information display systems increases as it is used in airports to display flight information to passengers in which a computer system controls mechanical or electronic display boards or TV screens to display arrivals and departures related flight information in real-time, the demand for airport information display systems rises along with the adoption of airport information display systems.
The demand for efficient air passenger traffic, technical advancements, and more system upgrades are projected to boost the airport information display systems market.
The key contributors are the end-users which escalate the demand for airport information display systems all around the region. It is widely used in passenger and non-passenger systems to highlight the information and routes related to flights and others, which surges the adoption of airport information display systems and, in turn, the sales of airport information display systems.
Demand for airport information display system is likely to rise by the end-users in the airport industry as it provides gate belt information, reduce terminal congestion, and many more information.
It leads to an increase in the sales of airport information display systems along with demand for airport information display systems even internationally.
All the regions, including Asia Pacific, North America, Europe, and others, are expected to grow the airport information display system market share.
The Asia Pacific is expected as a dominating region in the growth of airport information display system market share.
As a larger continent, the demand for airport information display systems, as well as sales of airport information display systems, surges as they are widely used in airports (International as well as Domestic Airports). The North American region holds the second position after the Asia Pacific in the airport information display system market share.
There is seen accelerated adoption of airport information display systems all around the regions as it helps passenger from all around the globe to travel freely with all the relevant information put on the airport information display system.
Therefore the sales of airport information display systems and demand for airport information display systems are increasing in the region.
The Europe and rest of the world also require a swift adoption of airport information display systems. The demand for airport information display systems is rising all around the globe in the coming forecast period.
Several key airport information display system market players are there to manufacture airport information display products, as it is widely used in airports all around the globe.
The sales of airport information display systems and demand for airport information display systems are also expected to increase by them in the forecast period.
Some of the airport information display system market participants operating in the global market identified across the value chain include Indra Sistemas S.A., Sita, Rockwell Collins, Inc., Thales Group, Amadeus IT Group Sa, Siemens AG, IBM Corporation, Ikusi, Ultra Electronics Holdings PLC, Inform GmbH, Damarel Systems International Ltd., Resa among the other airport information display system manufacturers.
Providers of airport information display systems focus on developing partnerships with airport management companies to get a good foothold in the market, which boosts the sales of airport information display systems.
The influx of low-priced LED screens is also expected to have an impact on the airport information display system market share.
Report Attribute | Details |
Growth Rate | CAGR of 3.4% from 2022 to 2032 |
Base year for estimation | 2021 |
Historical data | 2015 – 2021 |
Forecast period | 2022 – 2032 |
Quantitative units | Revenue in USD billion, and CAGR from 2022 to 2032 |
Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments covered | By Type, By Class, By Application, By System, By End User & By Region |
Regional scope | North America; Latin America; Europe; Middle East and; Africa (MEA); East Asia; South Asia; Oceania |
Country scope | U.S., Canada, Mexico, Brazil, Argentina, Germany, Italy, France, U.K, Spain, Russia, India, Indonesia, Thailand, China, Japan, South Korea, Australia & New Zealand, GCC Countries, South Africa, North Africa |
Key companies profiled | Indra Sistemas S.A., Sita, Rockwell Collins, Inc., Thales Group, Amadeus IT Group Sa, Siemens AG, IBM Corporation, Ikusi, Ultra Electronics Holdings PLC, Inform GmbH, Damarel Systems International Ltd., Resa |
Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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The growth outlook for the airport information display system market is predicted to have a CAGR of 3.4% from 2022-to 2032.
The Asia Pacific is expected to lead the airport information display system market during the forecast period.
The airport information display system market is likely to hold a valuation of US$ 5.89 Billion by 2032.
Airport Industry is expected to be a key driver in the airport information display system market.
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