ground handling software Market

The ground handling software market size is expected to grow from US$ 2959.17 million in 2021 to US$ 4431.98 million by 2028. It is estimated to grow at a CAGR of 5.9% from 2021 to 2028.

US airports face significant challenges in securing financing for ground handling software due to the ongoing modernization of airport infrastructure, which aims to improve the passenger experience and promote greater airline competition. To address this issue, the US government has announced plans to provide significant funding of US$1.187 billion for airport safety and infrastructure grants. US$731 million will be allocated to the Airport Improvement Program (AIP), while US$455 million will be allocated to supplemental discretionary grants. The investment in airport infrastructure is expected to result in numerous projects that are set to be completed by 2022.

According to the international airport review, in September 2021, the US Transportation Department's FAA and NASA finished testing new software to decrease gate pushbacks for ground handling software in North America. The sophisticated technology will be launched at 27 airports, as per the FAA and NASA. Atlanta, Baltimore, Boston, Charlotte, Chicago Midway, Chicago O'Hare, Dallas-Ft Worth, Denver, Detroit, Fort Lauderdale, Houston Bush, Las Vegas, Miami, Minneapolis, Newark, New York JFK, New York LaGuardia, Orlando, Philadelphia, Phoenix, Salt Lake City, San Diego, San Francisco, Seattle, Washington Dulles, Washington Reagan National, Washington Dulles, Washington Reagan National, Washington Dulles, Washington Reagan National, Washington Dulles, Washington Reagan National, Washington are the airports announced for the scheduled rollout of the software. This is expected to significantly support the ground handling software market growth over the next few years.

An example of this is the recent announcement by Hoopo Systems Ltd. regarding their new Mobile Access Point, which was released in 2020. This product offers low-power tracking solutions and enables a rapid evaluation of the economic viability of tracking systems, providing benefits for the ground handling software industry at airports.

The ground handling software market is being propelled by the widespread adoption of software suites by aviation industries across different regions, facilitated by the presence of numerous industry players. Additionally, the construction of new airports globally has led to a surge in demand for advanced technological hardware with strong software capabilities. As a result, hardware manufacturers providing systems to airports are seeking larger volumes of software suites, further boosting the growth of the ground handling software market during the forecast period.

Impact of COVID-19 Pandemic on Asia Pacific Ground Handling Software Market

The impact of the COVID-19 crisis was significant on two of the key markets in the APAC region, namely India and China. In response, the governments of APAC countries implemented measures such as lockdowns to mitigate the negative effects of the pandemic, which had adverse effects on various industries. The COVID-19 outbreak was an unprecedented global public health crisis, affecting a large population across the world.

In terms of airport construction and expansion, APAC has the highest number of projects, with China and India leading in investments and numbers. However, due to the COVID-19 pandemic, both countries were severely impacted, leading to a halt in construction activities and affecting the supply chain. Moreover, airport operations were temporarily suspended, resulting in a slowdown in technology adoption among airport authorities, airlines, and ground handlers, ultimately impacting the market share of ground handling software in 2020.

The airports in the region experienced a decrease in revenue due to the declining number of passengers until the governing authorities suspended airport operations. Despite having multiple airport construction and expansion projects lined up for completion by 2020 and 2021, the temporary shutdown of construction activities slowed down the adoption rate of technologies, adversely affecting the growth of the ground handling software market.

The ground handling software market analysis is divided into segments based on airport class, application, software type, and geography. In terms of airport class, the market is categorized into Class I, Class II, Class III, and Class IV. Furthermore, the market analysis by application includes segments such as terminal side, airside, and landside. The software type segment is classified into several categories, including passenger boarding & departure control software, baggage management software, security management software, automated cargo & load control software, GSE tracking (telemetry) software, and ramp management software. Lastly, the global market is geographically segmented into five major regions, which are North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).

The ground handling software market analysis was conducted using both primary and secondary research methods. The research process began with a comprehensive secondary research using internal and external sources to collect qualitative and quantitative data about the market. This process aimed to gain an overall understanding and a reliable forecast of all market segments. Additionally, primary interviews were carried out with industry experts including VPs, business development managers, market intelligence managers, national sales managers, and external consultants such as research analysts, valuation experts, and key opinion leaders who specialize in the ground handling software market. The primary research helped to validate the data and gain deeper analytical insights into the topic.

The key companies operating in the ground handling software market are Arepo Solutions Ltd., Avtura Limited, Damarel Systems International Ltd., INFORM GmbH, Quantum Aviation Solutions, Quonext, 1RESA Airport Data Systems, SITA, TOPSYSTEM SYSTEMHAUS GMBH, and Wiseleap.