The Business Research Company’s Airport Technologies Global Market Report 2020-30: Covid 19 Growth And Change. The report covers market size, key players, market share and trends to 2030.
Airport Technologies Global Market Report 2020-30: Covid 19 Growth And Change is one of a series of new reports from The Business Research Company that provide Airport Technologies market overviews, analyze and forecast market size and growth for the whole market, Airport Technologies market segments and geographies, Airport Technologies market trends, Airport Technologies market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The airport technologies market consists of sales of airport technologies that enable a hassle free and convenient customer experience at the airport. The different types of airport technologies include airport communications, airport management systems and software, digital signage systems, fire-fighting systems, security systems, car parking systems, passenger management systems, baggage management systems, cargo control systems, landing aid, and guidance and lighting systems.
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The global airport technologies market is expected to decline from $11.8 billion in 2019 to $11.4 billion in 2020 at a compound annual growth rate (CAGR) of -3.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $13 billion in 2023.
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