Airport Construction Global Market Report 2023 – By Technology (Security Systems, Communication Systems, Passenger, Cargo and Baggage Griund Handling Control, Air or Ground Traffic Control), By Location (Landside, Airside, Terminal Side), By Applications (Defense and Military, Commercial And Civil) – Market Size, Trends, And Global Forecast 2023-2032

Airport technologies refers to the use of modern technology in the airport premises to enhance the passenger's overall experience. The main types of airport technologies are airport digital signage systems, car parking systems, airport communications, landing aids, guidance and lighting, passenger, baggage and cargo handling control systems, and airport management software. Landing aids help aircraft in an approach and landing, flashing light, radio beacon, communicating device or radar device or any system are some landing aids. Airport technologies are used in small, medium and large domestic airport and international airports. The global airport technologies market is segmented – 1) By Type: Airport Digital Signage Systems, Car Parking Systems, Airport Communications, Landing Aids, Guidance and Lighting, Passenger, Baggage and Cargo Handling Control Systems, Airport Management Software 2) By Airport Size: Small, Medium, Large 3) By Application: Domestic Airport, International Airport The global airport technologies market size will grow from $12.3 billion in 2022 to $13.02 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global airport technologies is expected to grow to $15.7 billion in 2027 at a CAGR of 4.8%. Rise in illegal immigration is a key driver of the airport technologies market. According to data published by the German Federal Police, by the end of October 2020, a total of 1,569 migrants illegally entered Germany from Norway, Sweden and Denmark since the beginning of 2020. To curb illegal immigration, advanced airport technologies are being increasingly used. In this regard, airport technology in the form of facial recognition has led to many arrests for illegal immigration at airports. Similarly, technologies such as Mobile Passport Control (MPC) and radio-frequency identification (RFID) based tracking solution have been deployed in many airports. The MPC technology uses a mobile app that allows US citizens or visitors from Canada to expedite their entry into the USA. This app has been approved by the U.S. Customs and Border Protection (CBP). Major players in the airport technologies market are Thales ATM S.A, Honeywell Airport Solutions, Siemens Airports, Raytheon Corp., CISCO Systems,Inc., Hitachi,Ltd., Bosch Security Systems,Inc., Rockwell Automation, Analogic, Smiths Detection International, Oshkosh Truck Corp., MATRIX SYSTEMS, DSG SYSTEMS AG, Airport Information Systems,Ltd., Garrett Metal Detectors, KUKA Roboter, Passur Truck Corp., Pensher Skytech, Vanderlande Industries, Syagen Technology, ArincInc., A4 Vision, Alstom Aerospace airports and American Lafrance Corp. Insufficient airport safety regulations in many countries is a major restraint on the airport technologies market. This is mainly due to lack of strict mandate in some countries to further improve the existing airport technologies. The Federal Aviation Administration (FAA) audit revealed that India had insufficient safety regulations in airports. The FAA audit concluded that insufficient airport safety regulations and a decline in safety ranking of the Indian airports can be directly attributed to lack of advancement of airport technologies in the country. Insufficient airport safety regulations continue to be an important restraint restricting the growth of the airport technologies market. The implementation of automated baggage handling systems is an emerging trend in the airport technologies market. Automated baggage handling systems involve the use of small robotic vehicles that carry baggage from the conveyor belt, through the security system and finally to the respective aircraft carriers. The use of this technology is expected to reduce the number of bags lost at airports. For instance, in May 2021, UK-based Stansted Airport completed a £70 million upgrade to its baggage handling system, adding 180 automated carts, 2.4 km of conveyor belts, and track to increase efficiency. The Asia-Pacific was the largest region in the airport technologies market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global airport technologies market report during the forecast period. The regions covered in the global airport technologies market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the airport technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The airport technologies market includes revenues earned by entities by offering 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. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The airport technologies market research report is one of a series of new reports from The Business Research Company that provides airport technologies market statistics, including airport technologies industry global market size, regional shares, competitors with an airport technologies market share, detailed airport technologies market segments, market trends and opportunities, and any further data you may need to thrive in the airport technologies industry. This airport technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The airport moving walkway is a slow-moving conveyor system that transports people over horizontal or inclined planes over a shorter distance and assist people in reaching the desired location at airports. They are installed in pairs with opposite directions of roll, with safety handrails alongside. They are also known as flat escalators or travelator machines. The main types of airports moving walkways are belt type and pallet type. The belt-type moving walkways are built with mesh metal belts or rubber walking surfaces over metal rollers. These can either be inclined or flat and are generally used in airports, metro terminals, or shopping malls. The various inclination angles of airport moving walkways are horizontal and inclined, which are divided by various business types into new installation, modernization, and maintenance. The types of speed for airport moving walkways are constant moving walkways (CMW) and accelerating moving walkways. The global airport moving walkways market is segmented - 1) By Type: Belt Type, Pallet Type 2) By Inclination Angle: Horizontal, Inclined 3) By Business Type: New Installation, Modernization, Maintenance 4) By Speed: Constant Moving Walkways (CMW), Accelerating Moving Walkways The global airport moving walkways market size grew from $2.22 billion in 2022 to $2.31 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The airport moving walkways market size is expected to grow to $2.76 billion in 2027 at a CAGR of 4.5%. The growing number of air passengers is expected to propel the growth of the airport moving walkways market. In most cases, passengers at the airport carry heavy luggage with them, and they are required to move a distance. In such cases, moving walkways act as passageways between the terminals, within particularly long concourses, or as access to a parking facility. For instance, according to the International Civil Aviation Organization (ICAO), a specialised agency of the United Nations, the global number of airline passengers is expected to reach 10.5 billion by the year 2040. Therefore, the growth in the number of airline passengers is driving the growth of the airport moving walkways market. Major players in the airport moving walkways market are Fujitec Co., Ltd., Hitachi, Ltd., Hyundai Elevator Co., Ltd., Kone Corporation, Mitsubishi Electric Corporation, Otis Elevator Company, Schindler, Stannah, Thyssenkrupp AG, Toshiba Elevator and Building Systems Corporation, United Technologies, Kleemann, Orona Group, VGSI ELEVATOR LLC, and Teknic Elevators PPG Pvt. Ltd. Partnership and collaboration are key trends gaining popularity in the airport-moving walkway market. The companies operating in the airport moving walkways market are partnering with research companies to improve the operational capabilities and performance of their existing products. For instance, in December 2021, Accessibility Standards Canada (ASC), a federal research organization, collaborated with the Canadian Standards Association (CSA) Group for the purpose of adding CSA B651, a new edition of a national accessibility standard for the built environment. The new edition will include updates on the exterior environment, circulation (including elevators, escalators, and moving walkways), tactile walking surface indicators, interior rooms (including washrooms and kitchens), and emergency egress. In June 2020, international private equity firms Advent International and Cinven acquired the elevator technology business from ThyssenKrupp AG, a Germany-based multinational conglomerate, for an undisclosed amount. The acquisition by international equity partners is focused on diversifying their current portfolio and expanding the business operations of ThyssenKrupp's elevator technology business across the globe. Thyssenkrupp's elevator product portfolio includes passenger and freight escalators, moving walkways, passenger boarding bridges, and others. Asia-Pacific was the largest region in the airport moving walkways market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport moving walkways market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the airport moving walkways market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The airport moving walkways market consists of sales of walkway system, motors, controls, and lighting, truss, tracks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The airport moving walkways market research report is one of a series of new reports from The Business Research Company that provides airport moving walkways market statistics, including airport moving walkways industry global market size, regional shares, competitors with an airport moving walkways market share, detailed airport moving walkways market segments, market trends and opportunities, and any further data you may need to thrive in the airport moving walkways industry. This airport moving walkways market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Airport and marine port security refers to an ecosystem which provides safety to air cargos and protection of vessels, both internally and externally. It also refers to the measures taken to ensure that treaties signed with other countries are properly enforced. It used to protect a shipping port and airport facility from terrorism, other illegal activities, and activists. The main types of systems in airport and marine port security include surveillance systems, physical access control systems, screening and scanning systems, perimeter intrusion detection systems, network access control and security, and real-time location systems. Surveillance systems refer to any electronic surveillance device, hardware, or software capable of collecting, capturing, recording audio, visual, digital, location, thermal, biometric, or similar information. This technology will also allow ports to not only react faster to events but also for managing day-to-day operation costs of security guards, security vehicles, training, fuel, and others. They are used in different infrastructures including airports and marine ports. These services offered in airport and marine port security include facility and asset management, system integration, training & consulting. The global airport and marine port security market is segmented - 1) By Technology: Surveillance Systems, Physical Access Control Systems, Screening and Scanning Systems, Perimeter Intrusion Detection System, Network Access Control and Security, Real-Time Location Systems 2) By Services: Facility and Asset Management, System Integration, Training and Consulting 3) By Infrastructure: Airport, Marine port The global airport and marine port security market size will grow from $78.18 billion in 2022 to $85.05 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the airport and marine port security is expected to grow to $117.65 billion in 2027 at a CAGR of 8.5% The increasing internal and external threats are driving the growth of the airport and marine port security market going forward. Internal and external threats refer to the attacks from inside and outside of an organization. Airport and marine port security provide security from attacking with internal and external threats and provide safety to the airports and marine ports. For instance, according to the Transported Asset Protection Association (TAPA) report 2021, a US-based non-profit organization, TAPA has documented nearly 6,463 new cargo threats or attacks across 56 countries in Europe, and the Middle East region for the year 2020. Therefore, the increase in internal and external threats is expected to boost demand for airport and marine port security systems during the forecast period. Major players in the airport and marine port security market are Tyco International Ltd., L-3 Communications Holdings Inc., Honeywell International Inc., HCL Infosystems Limited, Bosch Security Systems, Unisys Corporation, Flir Systems, Inc., Raytheon, Siemens AG, SAAB AB, Motorola, James Fisher and Sons, Rapiscan, Nokia, and Safran. Technological advancement is a key trend gaining popularity in the airport and marine port security market. Major companies operating in the airport and marine port security market are focused on developing new technological solutions to strengthen their position. For instance, in March 2022, the Transportation Security Administration (TSA), a US transportation security agency launched new facial recognition technology at Los Angeles International Airport (LAX) to check and verify the identity of visitors at some of the airport’s security checkpoints. The airport is equipped with a next generation Credential Authentication Technology (CAT) unit that captures a photo of the visitor using camera and compares with the photo ID on facial features and confirms the same. The new technology enables safety and streamlines the visitor experience. In February 2021, DG Risk Group, an England-based risk and security management company acquired Protection Vessels International (PVI) for an undisclosed amount. This acquisition will significantly benefit the company's expansion in maritime security service offerings across West Africa and around the world, providing unrivaled security in piracy hotspots that require it the most. Protection Vessels International (PVI) is a UK-based company that specializes in armed maritime security solutions for commercial and government agencies. North America was the largest region in the airport and marine port security market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport and marine port security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the airport and marine port security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The airport and marine port security market includes revenues earned by entities by providing security systems and solutions for protecting the airports against hazardous items and inspecting the cargo moving through the ports. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The airport and marine port security market research report is one of a series of new reports from The Business Research Company that provides airport and marine port security market statistics, including airport and marine port security industry global market size, regional shares, competitors with an airport and marine port security market share, detailed automotive seat market segments, market trends and opportunities, and any further data you may need to thrive in the automotive seat industry. These airport and marine port security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The airport security refers to the procedures and methods used to protect passengers, personnel, aircraft, and airport property from harm caused by accident or malice, crime, and other dangers. Airport security is a set of measures and people and material resources aimed at protecting civil aviation from acts of unlawful interference such as terrorism, sabotage, threats to life and property, false threat communication, bombing, and so on. It tries to keep these risks at bay by using various methods of scanning. The main types of technologies in the airport security market are access control, cybersecurity, perimeter security, screening and scanning, surveillance, real-time locating systems (RTLS), and others. Access control refers to a data security process that enables organizations to manage authorized people to access corporate data and resources. Secure access control uses policies that verify users and ensure control access levels that are granted to users. Also, helps in easy access to data. It is further divided by system into metal detectors, fiber optic perimeter intrusion, backscatter x-ray systems, cabin baggage screening systems, and others. The various application includes a civilian and commercial airport and military airport. These are used to protect civil aviation from acts of unlawful interference such as terrorism, and sabotage. The global airport security market is segmented - 1) By Technology: Access Control, Cybersecurity, Perimeter Security, Screening and Scanning, Surveillance, Real-Time Locating System (RTLS), Other Technologies 2) By System: Metal Detectors, Fiber Optic Perimeter Intrusion, Backscatter X-Ray Systems, Cabin Baggage Screening Systems, Other Systems 3) By Application: Civilian and Commercial Airport, Military Airport The global airport security market size grew from $13.64 billion in 2022 to $15.61 billion in 2023 at a compound annual growth rate (CAGR) of 14.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The airport security market size is expected to grow to $23.86 billion in 2027 at a CAGR of 11.2%. The increase in new airport building operations and facilities improvements is contributing to the growth of the airport security market. Airport building operations and facilities improvements refer to the improvements in the infrastructure of the airport as well as the facilities such as arrival, departure, check-in, airport staff, and so on. With the growth in population, air traffic, and increasing demand for the modernization of the infrastructure there has been an increase in new airport building operations and facilities improvements. For instance, in May 2021, Raytheon Technologies was awarded a USD 318 million contract by the U.S. Transportation Security Administration (TSA) to deploy checked baggage screening machines at all federally managed airports. This five-year contract covers the expansion of equipment at about 430 federal airports across the country. It will also strengthen the terminals' security and reduce any potential hazard to the numerous stakeholders on-site. Therefore, the increase in new airport building operations and facilities improvements will drive the growth of the airport security market. Major players in the airport security market are American Science and Engineering, Bosch, C.E.I.A SpA, Hitachi, L-3 Communications, Lockheed Martin, OSI Systems, Safran Morpho, Siemens AG, Smiths Detection, Auto Clear LLC, Analogic Corp, Bruker Corp, Nuctech Company Ltd., MilliVision Technologies, Nuctech Company Ltd. Technological advancements including RFID baggage reconciliation systems, remote check-ins, e-gates, and sensor equipment advancement is a key trend gaining popularity in the airport security market. According to a report by PR Newswire, 2020 OSI Systems, Inc., a US-based developer of security and inspection systems, announced that its security division was awarded multiple contracts for approximately $93 million from an international government customer to provide various Rapiscan X-ray cargo and vehicle inspection systems, luggage and parcel inspection systems, trace detection systems, and maintenance and support services. Their Itemiser 5X has met the requirements to be listed on the TSA's Air Cargo Screening Technology List as Approved technology (ACSTL). The Detector's cargo capabilities can be used for cargo screening operations outside of the United States. This launch represents another step forward in OSI's portfolio. In April 2021, Allied Universal, a US-based security and facility services company acquired G4S plc for $4 billion (£3.8 billion). With this acquisition, Allied Universal aims to deliver the highest value proposition to customers in the security industry. G4S is a UK-based security company, specializing in the provision of security services and solutions to customers. North America was the largest region in the airport security market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the airport security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The airport security market consists of sales of airport security baggage screening including x-ray systems, computed tomography systems, explosive detection systems, metal detectors and physical search. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The airport security market research report is one of a series of new reports from The Business Research Company that provides airport security market statistics, including airport security industry global market size, regional shares, competitors with an airport security market share, detailed airport security market segments, market trends and opportunities, and any further data you may need to thrive in the airport security industry. This airport security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Smart airports are airports that rely on the use of connected technologies such as intelligent building management, cyber security, GPS and sensor, Internet of Things (IoT), blockchain, and Artificial Intelligence (AI) to enable operational employees in performing planning and operational chores digitally while also optimizing passenger flows and staff activities around the airport. The main types of smart airport services include smart transport and parking services, smart retail, hospitality and entertainment services, smart workplace services, smart airport processes, smart business to business services. By infrastructure, types of smart airport products include endpoint devices, communication systems, passenger, cargo, and baggage ground handling control, air/ground traffic control, security systems, and others. Smart airport products and services are used in landside, airside, and terminal side locations. They are mainly used in core applications and business applications. Major end-users of smart airport are the implementation and upgrades and services industries. The global smart airport market is segmented - 1) By Services: Smart Transport & Parking Services, Smart Retail, Hospitality & Entertainment Services, Smart Workplace Services, Smart Airport Processes, Smart Business to Business Services 2) By Infrastructure: Endpoint Devices, Communication Systems, Passenger, Cargo and Baggage Ground Handling Control, Air/Ground Traffic Control, Security Systems, Other Infrastructures 3) By Location: Landside, Airside, Terminal Side 4) By Application: Core Applications, Business Applications 5) By End User: Implementation, Upgrades and Services The global smart airport market size will grow from $6.84 billion in 2022 to $7.6 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart airport is expected to grow to $13.13 billion in 2027 at a CAGR of 14.6%. Companies in the aviation industry across the world are focusing on green initiatives to protect the environment. Multiple airline companies are trying to become more sustainable. According to the International Council on Clean Transportation (ICCT), air travel produces about 3% of global carbon dioxide emissions, and it is one of the fastest-growing sources of greenhouse gases. In order to reduce emission of greenhouse gases, companies in the aviation market are focusing on taking green initiatives. For example, in February 2020, Delta Air Lines committed $1 billion to become carbon neutral by 2030. In July 2020, JetBlue became the first and only US airline to voluntarily offset all of the carbon dioxide emissions for all its domestic flights. Thus, rising green initiatives by the aviation industry are contributing to the smart airport market growth. Major players in the smart airport market are Amadeus IT Group SA, CISCO System Inc., Collins Aerospace, Daifuku Co. Ltd., Ascent Technologies, Honeywell International Inc., Huawei Technologies Co. Ltd., IBM Corporation, Indra Sistemas S.A., ITA, L3Harris Technologies Inc., Raytheon Company, RESA, Rockwell Collins Inc., Lufthansa Systems GmbH & Co. KG., Sabre Corporation, Siemens AG, SITA, Thales Group, T-Systems, Vision-Box, Wipro Limited, Zensors, Ascent Technology Inc., Adelte, Amadeus IT Group, Ansul, Cisco System, Deerns Airport System Consultants, FB Technology, Gentrack, and Huawei Investment & Holding Co. Ltd. Technological advances such as the use of Internet of Things (IoT) in aircraft parts and manufacturing procedures a key trend in the smart airport market. Companies across the globe have started implementing cloud-based platforms to develop a new aircraft, engine, system, or component design. The cloud platform enables simplification in the design process by bringing the suppliers, systems integrators, software developers, and other stakeholders within the design and manufacturing ecosystem together over a virtual platform. For instance, in 2020, Vertical Aerospace, a UK-based aviation industry innovator, used Dassault Systèmes’ 3DExperience platform on the cloud to develop their third all-electric vertical takeoff and landing aircraft. Vertical Aerospace used the 3DExpereince platform to improve coordination between their design, engineering, testing, and manufacturing disciplines and provide access to all the engineering documentation they require in the cloud to enable effective work from home. In December 2021, ADB SAFEGATE acquired DBT Transportation Services LLC. DBT Transportation Services is specialized in weather systems, sensor technologies, and services primarily for the aviation industry. ADB SAFEGATE is engaged in delivering airport performance, offering unmatched capabilities in airport ground movement and visual guidance. North America was the largest region in the smart airport market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart airport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart airport market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart airport market includes revenues earned by entities by providing products and related services that automate the processes for operational efficiency, ground services, digitalization of infrastructure, digitalization of commercial & passenger flow, enhancing security & surveillance, and handling services to solve and cover control and management needs in airports. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart airport market research report is one of a series of new reports from The Business Research Company that provides smart airport market statistics, including smart airport industry global market size, regional shares, competitors with a smart airport market share, detailed smart airport market segments, market trends and opportunities, and any further data you may need to thrive in the smart airport industry. This smart airport market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Parking lots refer to those agencies that provide areas for the temporary parking of automobiles against parking charges for a specified period of time. Parking garages refers to those agencies that run and operate secure establishments where people can park their motor vehicles against fee charged on a time basis. The main types of parking lots and garages are airport parking and garages, events and venues (stadiums for sporting events), healthcare parking, hospitality parking, municipal parking, office parking, university parking, retail parking, and residential parking. A parking garage at an airport is a structure where individuals can leave their cars. The different technologies include smart parking using IoT, and automation, and include various sites such as off-street, and streets. The global parking lots and garages market is segmented - 1) By Type: Airport Parking And Garages, Events And Venues (Stadiums For Sporting Events), Healthcare Parking, Hospitality Parking, Municipal Parking, Office Parking, University Parking, Retails Parking, Residential Parking 2) By Site: Off Street, On Street 3) By Technology: Smart Parking using IoT, Automation The global parking lots and garages market size will grow from $92.4 billion in 2022 to $94.46 billion in 2023 at a compound annual growth rate (CAGR) of 2.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global parking lots and garages is expected to grow to $100.69 billion in 2027 at a CAGR of 1.6%. The lack of sufficient parking due to rising motor vehicles use in developing economies is expected to drive the global parking lots and garages market. Market liberalization has caused a severe increase in transport, one of the important economic sectors, and its operational efficiency, which in turn has led to increased stagnant traffic in cities. For instance, in India, the average volume of traffic related to parking during peak times can reach 30%–50% of total traffic according to a research study published by the Journal of Traffic and Transportation Engineering. Commuters in Indian cities spend over 80 hours a year looking for parking spaces due to the lack of parking spaces in Indian cities amid a growing population of vehicles. The imbalance between parking supply and parking demand due to the increasing use of vehicles in developing economies is driving the growth of the parking lots and garages market. Major players in the parking lots and garages market include SP Plus Corporation, LAZ Parking Ltd. LLC., ABM Industries Inc., Ace Parking Management Inc., Diamond Parking, Lanier Parking, TPS Parking, Impark, Indigo, Park24, and Wilson Parking. Expensive parking spaces are expected to hinder the global parking lots and garages market. For instance, according to Parkopedia’s global parking index 2022, the average regular parking cost for 2-hour off-street parking in New York charges $43.10 per 2-hour off-street parking, which most expensive city for daily off-street parking ($52.65 average), and Amsterdam charges $13.31 for 2-hour on-street parking. In Australia, an average 2-hour off-street parking cost is $19.12 and daily off-street parking is $34.42. Motorists often get frustrated due to the expensive parking cost as most of the time they end up paying for the time they do not use. Also, the small parking spaces and poor parking services add to their irritation. To cut parking prices and other issues associated with it, people try to avoid using personal vehicles, wind up their work in a short time that hampers their daily work targets, or decide to park elsewhere risking the safety of their vehicle. The wireless smart parking sensor for detecting parking space occupancy is an emerging trend in the global parking lots and garages market. The Parking Lot Sensor (PLS) senses and records the occupancy of parking spaces, allowing active parking lots management functionality such as search, navigation, and reservation. The sensors help in the effective management of parking spaces in cities. For instance, BOSCH recently launched a parking lot sensor that utilizes the LoRaWAN protocol for wireless communication. This sensor helps in guided and regulated parking, which removes traffic limitations. In September 2022, Premium Parking acquired Allpro Parking, a US-based parking management company for an undisclosed amount. Through this acquisition, Premium Parking would expand its presence across the Midwest and Northeast, in order to create the largest network of entrepreneur-led parking. Allpro Parking provides first-class valet parking services for medical facilities, hotels, and special events. Among its specialties are surface and structured parking management, health care system parking management, airport and commuter rail, transportation services, and special event parking. Introduction to online fundraising is gaining popularity in the voluntary health organizations market. Major players operating in the industry are highly focused on introducing digital philanthropy which is widely favorable among donors (and the non-profits they support). For instance, according to fundraising statistics in 2021, 60% of millennials give an average of $481 to NGOs, while online donations accounted for 14.1% of all gifts received by nonprofits. In 2020, online giving is expected to increase by 21%. Facebook fundraisers accounted for 1.3% of all online earnings for nonprofits. In 2020, revenue from Facebook Fundraisers increased by 14%. In August 2020, Cone Health, a not-for-profit healthcare network serving people in Alamance, Forsyth, Guilford, Randolph, Rockingham, and surrounding counties, planned to merge with Sentara Healthcare. With the merger of Sentara Healthcare, Cone Health plans to create a combined organization with a unique value-based approach that is focused on keeping people healthy and well, while providing high-quality, accessible, and affordable health care in more ways and more places. Sentara Healthcare is a US-based not-for-profit health system company operating in North Carolina and Virginia, with 12 hospitals, outpatient care centers, imaging centers, and more. North America was the largest region in the parking lots and garages market in 2022. Asia-Pacific was the second largest region in the global parking lots and garages market share. The regions covered in the global parking lots and garages market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the parking lots and garages market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The parking lots and garages market consists of revenues earned by entities that are engaged in providing temporary parking services for motor vehicles, usually on an hourly, daily, or monthly basis. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The parking lots and garages market research report is one of a series of new reports from The Business Research Company that provides parking lots and garages market statistics, including parking lots and garages industry global market size, regional shares, competitors with a parking lots and garages market share, detailed parking lots and garages market segments, market trends and opportunities, and any further data you may need to thrive in the parking lots and garages industry. This parking lots and garages market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Travel retail refers to the business mainly revolving around airports, airplanes, cruise ships, and downtown duty-free stores. Travel retail products are sold during a travel environment where taxes and duties are payable, even during international travels. It is also referred to as the business of catering to shoppers while they are in transit. The main types of products in travel retail market are perfume and cosmetics, wine and spirit, electronics, luxury goods, food, confectionery, & catering, tobacco, others. The wine travel retail refers to the alcoholic fermented juice of fresh grapes used as a beverage. Wine spirit also called ethanol or ethyl alcohol a colorless flammable liquid, the active principle of intoxicating drinks, produced by the fermentation of sugars, ESP glucose, and used as a solvent and in the manufacture of organic chemicals. The different channels include airports, cruise lines, border, down town and hotel shops, railway stations and others and involve several end users such as children (less than 18 years old), youth (18-30 years old), middle-aged (18-59 years old), the elder (greater than 60 years old). The global travel retail market is segmented – 1) By Product Type: Perfume and Cosmetics, Wine and Spirit, Electronics, Luxury Goods, Food, Confectionery, and Catering, Tobacco, Other Products 2) By Channel: Airports, Cruise Lines, Border, Down Town and Hotel Shops, Railway Stations, Other Channels 3) By End Users: Children (less than 18 years old), Youth (18-30 years old), Middle-aged (18-59 years old), The Elder (greater than 60 years old) The global travel retail market size will grow from $68.91 billion in 2022 to $79.05 billion in 2023 at a compound annual growth rate (CAGR) of 14.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of travel retail market is expected to grow to $126.48 billion in 2027 at a CAGR of 12.5%. The growing number of international travellers is expected to propel the growth of the travel retail market going forward. Mass tourism and package holidays have opened markets to large numbers of individuals. Travel retail helps the international travellers to book their tickets at any place by using internet and it helps in making their journey easier, as a result increase in international travels will increase the demand for travel retail. For instance, according to TSA (Transportation Security Administration, USA), In July 2021, there are 6.5 million more daily travelers than in June 2021. Therefore, the increase in international travelers is expected to drive the growth of the travel retail market. Major players in the travel retail market are Aer Rianta international, China duty free group co.ltd., Dufry AG, Duty free americas Inc., Gebr. Heinemann se & co.kg, King power international, Lotte Hotel, Lagardère sca, The shilla duty free, DFS Group, Flemingo International, The Naunace Group, Dufry, Dubai Duty Free, James Richardson Group, Lotte, and Qatar Duty Free. Technological Advancement is a key trend gaining popularity in the travel retail market. Technological advancement is a discovery of knowledge that advances technology. Travel retailers are using data insights such as advanced knowledge about the arrival and destination of the customer, and to cater to specific needs. Staff and retail displays are designed to accommodate incoming passenger language and cultural sensitivity so that the right products are plainly visible to the right customers. For instance, in 2020, Dubai airport started the ‘Click and Collect’ initiative where customers can buy products before traveling, provide their travel details, and acquire the products from the webshop. With the use of predictive analytics, tracking customer interaction with the brand or product at every point in the airport enables better segmentation. In June 2020, China International Travel Service Corporation, a China-based travel company acquired a 51% stake in Hainan duty-free company ltd., for an undisclosed amount. Through this acquisition, China International Travel Service Corporation is expected to upgrade its operational abilities, including supply-chain management and online store operations. Hainan Duty-free Co., Ltd is a China-based company that operates in travel retail and engages in the franchise of island-free duty-free goods. Asia-Pacific was the largest region in the travel retail market in 2022. The regions covered in the travel retail market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the travel retail market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The travel retail market includes revenues earned by entities by taking part in sales activities to meet the expectations of the customers while they are travelling. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The travel retail market research report is one of a series of new reports from The Business Research Company that provides travel retail market statistics, including travel retail industry global market size, regional shares, competitors with a travel retail market share, detailed travel retail market segments, market trends and opportunities, and any further data you may need to thrive in the travel retail industry. This travel retail market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aerospace is the design and manufacture of aircraft, rockets, missiles, and spacecrafts that operate in the space. Defense equipment refers to weapons, arms and equipment that are used for military purposes. The main aerospace and defense types are aerospace and defense. The aerospace industry consists of companies involved in developing prototypes and the manufacturing or assembling of complete aircraft and aircraft parts for commercial purposes. The aircraft are operated through autonomous and manual modes. The different components include weapon systems, fire control systems, command and control systems, and others. The global aerospace and defense market is segmented - 1) By Type: Aerospace, Defense 2)By Operation: Autonomous, Manual 3) By Component: Weapon System, Fire Control System, Command and Control System, Others Subsegments Covered: Commercial Aircraft, Aircraft Maintenance, Repair and Overhauling Services, Aerospace Support and Auxiliary Equipment, Air based Defense Equipment, Sea based Defense Equipment, Land based Defense Equipment, Defense Equipment Maintenance, Repair and Overhauling Services, Defense Support and Auxiliary Equipment The global aerospace & defense market size will grow from $795.92 billion in 2022 to $855.62 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of aerospace & defense is expected to grow to $1076.56 billion in 2027 at a CAGR of 5.9%. During the forecast period, developed countries will experience low interest rates as monetary authorities are reducing interest rates to stimulate economic growth and prevent deflation. This led to the flow of cheap money for investment in these economies. Low interest rates encouraged borrowing for investment and helped drive spending. For instance, in March 2020, the Bank of England, a UK-based central bank, reduced interest rates to 0.1%, the lowest level ever, as a measure of protest against COVID-19. Major countries that had low-interest rates in the historic period included the USA, Germany, and Japan. Low interest rates will boost the growth of the aerospace and defense markets in the forecast period. Major companies in the aerospace & defense market include Airbus Group SE, Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, Raytheon Co, Northrop Grumman Corp, Bae Systems plc, General Dynamics, General Electric Company, and Safran SA. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the aerospace and defense market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing was affected due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Defense equipment manufacturers depend on the supply of raw materials and parts from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of parts and raw materials. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the aerospace & defense market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. 8K video capture technology is being integrated with drones to enhance the picture and video quality captured by these aircraft. 8K technology offers greater horizontal display resolution and offers images that show more details than standard HD. 8K cameras integrated with drones offer higher precision and provide high-resolution footage in autonomous flights. For instance, Autel is offering its EVO series of drones with 8K cameras. North America was the largest region in aerospace & defense market in 2022. North America is expected to be the fastest growing region in the forecast period. The regions covered in the aerospace and defense market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the aerospace & defense market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The aerospace and defense market consists of sales of aircraft, aircraft components, weapons, artillery tanks, and radar equipment for aerospace and defense purposes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aerospace and defense market research report is one of a series of new reports from The Business Research Company that provides aerospace and defense market statistics, including aerospace and defense industry global market size, regional shares, competitors with an aerospace and defense market share, detailed aerospace and defense market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace and defense industry. This aerospace and defense market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.