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Global Smart Airport Construction Market 2017-2021

Global Smart Airport Construction Market 2017-2021

About Smart Airport Construction

Smart airports make systems and processes digitally aware, interconnected, infused with intelligence, and easily accessible by users. The prime idea behind the development of smart airports is to create an integrated system and a unified and ready-to-use digital platform for airports to become intelligent and informed.

Technavio’s analysts forecast the global smart airport construction market to grow at a CAGR of 9.71% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart airport construction market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Airport Construction Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AECOM
  • Bechtel
  • CH2M
  • Fluor
  • TAV Construction
Other prominent vendors
  • Amadeus IT Group
  • Balfour Beatty
  • Cisco
  • Crossland Construction
  • Gilbane
  • GMR Group
  • GVK Industries
  • HDR
  • Hensel Phelps
  • Honeywell
  • IBM
  • Indra
  • Jacobs
  • Kiewit
  • L&T Construction
  • Lanco Group
  • NEC Corporation
  • Siemens
  • SITA
  • Tetra Tech
Market driver
  • Rising numbers of air passengers
  • For a full, detailed list, view our report
Market challenge
  • Uncertainty in the construction sector
  • For a full, detailed list, view our report
Market trend
  • Artificial intelligence and robotics at smart airports
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Airport Construction Market 2017-2021

Technavio recognizes the following companies as the key players in the global smart airport construction market: AECOM, Bechtel, CH2M, Fluor and TAV Construction.

Other Prominent Vendors in the market are: Amadeus IT Group, Balfour Beatty, Cisco, Crossland Construction, Gilbane, GMR Group, GVK Industries, HDR, Hensel Phelps, Honeywell, IBM, Indra, Jacobs, Kiewit, L&T Construction, Lanco Group, NEC Corporation, Siemens, SITA and Tetra Tech.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is artificial intelligence and robotics at smart airports. The travel sector, especially the aviation industry, is witnessing an increasing use of artificial intelligence and robotics to assist passengers at airports. The first customer-facing robot was introduced in 2013 at Geneva Airport.”

According to the report, one driver in the market is rising numbers of air passengers. The economic development in emerging countries, such as India, China, and Indonesia, is the prime reason for the increase in the number of passengers. It is expected that by 2025, China would overtake the US as the largest aviation market in the world. In addition, India is likely to displace the UK for the third place.

Further, the report states that one challenge in the market is uncertainty in the construction sector. The construction sector is the only industry that has witnessed stagnant productivity in the last 50 years. One of the prime reasons for the stagnant growth of the construction sector is due to the decline in labor productivity. Most of the labor time is wasted on waiting for materials or equipment. This waiting time for materials is followed by the traveling time of these materials to the construction site.



Companies Mentioned

AECOM, Bechtel, CH2M, Fluor, TAV Construction, Amadeus IT Group, Balfour Beatty, Cisco, Crossland Construction, Gilbane, GMR Group, GVK Industries, HDR, Hensel Phelps, Honeywell, IBM, Indra, Jacobs, Kiewit, L&T Construction, Lanco Group, NEC Corporation, Siemens, SITA and Tetra Tech.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Grid systems of smart airports
      • Table Global smart airport construction market by geography 2016-2021
  • Market landscape
    • Market overview
      • Table Global smart airport construction market segmentation
    • Market size and forecast
      • Table Global smart airport construction market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Global smart airport construction market by geography
      • Table Global smart airport construction market by geography 2016 and 2021 (%)
    • Smart airport construction market in EMEA
      • Table Smart airport construction market in EMEA 2016-2021 ($ billions)
      • Table Key smart airport development in EMEA 2016
    • Smart airport construction market in APAC
      • Table Smart airport construction market in APAC 2016-2021 ($ billions)
      • Table Key smart airport development in APAC 2016
    • Smart airport construction market in Americas
      • Table Smart airport construction market in the Americas 2016-2021 ($ billions)
      • Table Key smart airport development in the US 2016
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Air passenger market by 2035
    • Market challenges
  • Market trends
    • Sensor technologies increasing prominence
      • Table Key features of sensor technologies at smart airports
    • Artificial intelligence and robotics at smart airports
      • Table Benefits of artificial intelligent robots
    • Rising investment in IT services
    • Beacons and real-time messages at smart airports
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • AECOM
      • Table Brands under AECOM
      • Table AECOM in the global smart airport construction market
      • Table AECOM: Key news
    • Bechtel
      • Table Bechtel in the global smart airport construction market
    • CH2M
      • Table CH2M in the global smart airport construction market
      • Table CH2M: Key news
    • Fluor
      • Table Key client markets for Fluor
      • Table Fluor in the global smart airport construction market
    • TAV Construction
      • Table TAV Construction: Project segments
      • Table TAV Construction in the global smart airport construction market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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