- 14 March 2019 22:49
Global Airport Information Systems Market is Increasing due to Need for Risk Management Through Airport Information Systems
The air transportation industry deploys airport information systems (AIS) in order to enhance the operations, improve product distributions and improve customer relations. Airport information system is an application, which is used for complete operations from finance, business performance, infrastructure to facilities management and other operations in airports. AIS enables control of all the operations from a central point, from service level agreements to passenger communications, generating billing charges to real-time management of fixed and mobile resources, including staff. AIS provides accurate real-time information to all customers and business partners – both internally and externally – particularly in the aircraft traffic sector, and is a critical factor determining the success of today’s airports.
Increasing number of passengers and limited occupancy capacity demands collaboration of airport operations for the timely allocation of workforces and assets as well as ability to make the right decisions at the right time to keep things in process is a key factor driving growth of the global Airport Information Systems Market. In addition, need for real-time information sharing, and need for risk management through airport information systems are other factors expected to fuel growth of the global airport information systems market over the forecast period. However, information sharing regulations and rising cost involved in upgradation process which is expected to hinder growth of the target market.
The Airport Information Systems Market is segmented on the Basis of Software, function and regions. On the basis of Software, the global market is segmented into Non-Passenger Systems, Passenger Systems. The Passenger Systems segment accounts for highest revenue share and is expected to witness significant growth during the forecast period.
On the basis of function, the global market is segmented into Airport Operation Control Centres (AOCC), Departure Control Systems (DCS). The Departure Control Systems (DCS) segment is expected to account for highest market share in the global market and expected to witness highest growth in terms of revenue during the forecast period.
On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The market in Asia Pacific accounts for highest share in terms of revenue in the global market. The Asia Pacific market is expected to witness highest growth in terms of revenue over the forecast period.
Key players in the global market include SITA, Amadeus IT Group SA, Rockwell Collins, Inc., INFORM GmbH, Siemens AG, IBM, Ultra Electronics Holdings, Northrop Grumman Corporation, IKUSI