Market Share of Smart Airport Industry
The market for smart airports is highly fragmented, with many players providing advanced smart technology solutions. Some major players in the market are RTX Corporation, SITA, Honeywell International Inc., Siemens AG, and Cisco Systems, Inc. After the COVID-19 pandemic, companies have forged global partnerships with airlines, governments, and airport authorities, focusing on advanced technology solutions.
In a notable move, in June 2022, Air Liquide and Groupe ADP unveiled an ambitious collaboration, marking the inception of the first-ever joint venture to spearhead the development of smart hydrogen infrastructure at airports. This strategic alliance is set to offer engineering services to French airports, aiding in their transition to smart and sustainable hydrogen systems, slated for commercialization by 2035. The new systems, slated for installation and operational testing within airport terminals, are designed for operational efficiency and to enhance the overall customer experience. These innovative, contactless processing solutions are expected to bolster the global footprint of market players in the coming years.
Smart Airport Market Leaders
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Siemens AG
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SITA
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Honeywell International, Inc.
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Cisco Systems, Inc.
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RTX Corporation
*Disclaimer: Major Players sorted in no particular order
