Search results for: 'pace screening'

The International Air Transport Association (IATA) has forecast passenger traffic to nearly double from 3.8 billion in 2015 to 7.2 billion by 2030. This increase will reflect in the number of checked baggage each year with forecasts pegging the number at close to 6.5 billion bags by 2030. As airport operators revise their plans and strategies to ha...

13 Jan 2021  |  Global  |  Market Research

Process Automation Post Pandemic to Drive Marginal Growth in the Global Airport Baggage Handling Market

Provision of End-to-End Solutions to Present New Growth Opportunities

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The airport baggage handling market is poised for automation which will improve passenger experience and the efficiency of baggage handling operations of airports. This study covers the global market and provides a 6-year forecast from 2020 to 2025. The total airport baggage handling market was worth $5,402 million in 2019 and, considering the impa...

The COVID-19 pandemic has drastically reduced the demand for air travel both on domestic and international routes. It has severely impacted the aircraft utilization rate and financial health of the airlines. Most of the airlines were forced to halt their digital transformation journey due to weak financial capability. Airlines are focusing more on ...

19 May 2020  |  Global  |  Market Research

Post-pandemic Growth Opportunity Analysis of the Global Airport & Airline Industry

Operational Efficiency Among Airlines and Next-Generation Digitalization at Airports Will Prove Critical in Maintaining Costs during Recovery

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Before the global COVID-19 pandemic hit, the aviation industry had anticipated high passenger volume and aircraft fleet growth over the next decade. Now, however, the industry is suddenly facing a new environment where capacities are reduced and passenger demand is down for the foreseeable future. If the global situation results in prolongs lock-do...

Airports are changing considerably amid multiple challenges: air travel demand soars, surpassing infrastructure capacity; airspace becomes more congested than ever; workforce shortages persist; supply chain disruptions add layers of complexity; and airports must address geopolitical uncertainty, climate risks, and rising costs.To address these chal...

26 May 2021  |  Global  |  Market Outlook

Global Commercial UAS Outlook, 2021

Artificial Intelligence and Autonomous Platforms will Drive Adoption of Commercial Drones for a Growing Range of Applications

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The commercial unmanned aerial system (UAS) market continues to grow globally and was accelerated in the wake of the COVID-19 pandemic response. Autonomy and artificial intelligence (AI) are, and will remain, the main drivers promoting commercial UAS adoption and associated market growth because autonomous flight reduces the need for expensive manp...

The privatization trend in aviation has picked up pace globally during the last 2 decades. Historically, a majority of airlines and airports were part of the public sector, and focus remained mostly on providing connectivity and affordability. However, the travel experience was often less prioritized. Changing market dynamics have made the passenge...

11 Dec 2018  |  Global  |  Market Research

Small-satellite Launch Services Market, Quarterly Update Q3 2018, Forecast to 2030

State of the Small-satellite Industry in Q3, 2018

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Small-satellites are at the spotlight of the evolution of space industry. Small-satellite ecosystem is expanding at an increasing pace, with new entrants offering new space solutions and existing players expanding their portfolio by investments in the small-satellite value chain. It becomes very important to investigate the past and current state o...

The airport digitalization market is a growth market estimated to generate more than $8.52 billion in revenue by 2030. A highly fragmented market, the top five companies contributed approximately 55% to the global revenue market in 2020. This figure is not expected to change significantly over the forecast period (2021–2030). The top companies in t...