The airports are experiencing significant rise in number of aircraft movements on a daily basis. This is pressurizing the ATC teams to manage their apron management operations in real time. Thus, the demand for real time apron management has been substantially growing over the years. This is also expected to rise in the upcoming years. Further, with the construction of newer aircraft across geographies, the need for real time apron management is foreseen to grow. This would drive the real time apron management market.
MARKET SCOPE
The "real-time apron management market analysis from 2020 to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the real-time apron management market with detailed market segmentation by The real-time apron management market. The report provides key statistics on the market status of the leading real-time apron management market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
On the basis of components, the market is segmented into hardware, radar, camera, terminals, others.
On the basis of airport class the market is segmented into class 1, class 2, class 3 and class 4.
MARKET DYNAMICS
Drivers- Development in Commercial Aviation; Modernization of the existing airports; also the establishment of new airports are the main driving factors of the market.
Restraints- Due to Covid 19, a lot of commercial activities have stopped and due to lockdown aviation industry has seen a drastic loss.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The real-time apron management market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive porter's five forces analysis evaluating the factors affecting the real-time apron management market in these regions.
Impact of Covid 19
In spite of a genuine economic decline, the market has come up with new systems and advancement abilities to recover. The market has started to observe particular financing sources and business ways to deal with support on both the provincial and worldwide stage. The drop in demand for passenger air transport due to the COVID-19 pandemic and containment measures is threatening the possibilities of many firms in both the air transport sector and the rest of the aviation industry, with many jobs at stake. The ongoing COVID-19 pandemic has resulted in a full-scale crisis with the imposition of travel restrictions and suspension of flights in a global effort to contain the spread of the virus. Aviation, and in particular airports, have been brought to a virtual cut-off and the industry is in survival mode, ruin by the loss of traffic and revenues.
MARKET PLAYERS
The report covers key developments in the real-time apron management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from are real-time apron management market anticipated to have lucrative growth opportunities in the future with the rising demand for real-time apron management in the global market. Below mentioned is the list of few companies engaged in the real-time apron management
The report also includes the profiles of key players in real-time apron management along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ADB SAFEGATE
- Airport Information Systems Limited
- Amadeus IT Group SA
- Assaia International Ltd.
- GoApron, Inc.
- INFORM Software
- RESA AIRPORT DATA SYSTEMS
- Searidge Technologies
- Veovo
- XYBASE