Generation of new slot at busy airports to uplift the airport information systems market
Airports are progressively implementing technological solutions to attain related cost reductions and operational efficiency. As a consequence, the establishments are spending in new technologies such as near-field communications, geolocation, 3D face recognition, iBeacons, thermal sensors, and video analytics. The demand for instantaneous data sharing, rising passenger traffic, and need for management of risk via the airport information systems are few of the factors that are fueling the growth of the market. The market for airport information systems is extremely competitive with the existenceof finite market players. Thus, the rising demand for improved systems along with high development in the emerging markets has motivatedthe industry participants to introduce pioneering products to achieve competitive benefit.
Application of new-age telecommunication technologies
A continuous development is observed in the telecommunication technologies, which, in turn, results in superior and more effectual services. The industry prospers on network accessibility; hence, telecommunication technologies hold a significant part in the market growth.
Generation of new slot at busy airports
It is difficult to obtain new slots for airline operators at busy airports and mostly requires a substantial cost. However, efficient management of airport operations via the state-of-the-art airport information systems can allow more aircraft and airlines to run in the similar slots and with the similar resources.
Steady decrease in airport operational expenditures
The emergence of airport display systems, such as passenger infotainment systems and FIDS, has made it possible to decrease the operational spending of airports. The implementation of these systems decreases the manpower needed at airports, thus reducing the need to keep many human resources. Several multifunctional technologies are developed to encourage interactivity.
Increasing implementation of smart airport models
The smart airport platform, a joint initiative of Airports Council International and International Air Transport Association, has been developed to increase the profitability and efficiency of airports even during unstable economic circumstances. Such airport terminals are established around a single, united internet protocol interface that allows high-speed broadband traffic through the air base.
On the other hand, the lack of clearly defined rules is anticipated to pose a problem to the growth of the market. The installation of sophisticated airport information systems needs a huge amount, which is not possible for airports, thus further impeding the market growth.