Intelligent Airways Transportation System (IATS) Market 2018: Historical Analysis, Emerging Opportunities, Business Strategy, Analytical Overview, Competitive Landscape and Trends by Forecast 2022

Market Research Future
Market Research Future published a research report on “Global Intelligent Airways Transportation System (IATS) Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario: 

The intelligent transportation systems are gaining huge importance in the airways sector. It is being used for effective management of customers by the airways authorities. Growing demand of integrated ticketing leads to the adaptation of paperless systems. With the adaptation of this technology it reduces the dependence of cash and paper which on the other side helps to improve the journey experience and will thus gain the momentum. The concept of single ticketing, regardless of the mode of transportation has become a reality with the help of adoption of smart solutions.

The Intelligent transportation systems for airways are used for managing the record of travelers with the help of passenger information system solution, which are further utilized for maintain the database for travelers using the service, for transportation. With the help of various other solutions such as airway traffic management systems and advanced security management system it also ensures the security to the passengers both at the airport and while in aircraft. The intelligent transportation system facilitates the real time information about the timing of the airlines and the platform numbers from all modes such as display screen on stations, websites, mobile applications and real time SMS services among others.

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The airway intelligent transport system help the travelers in the effective planning of their travel journey. They facilitate the mobile ticketing using bar codes. There are displays on the airport which provide travelers with the real time information about the arrival of next aircraft and the platform number on which the aircraft will arrive. It also facilitates the safety of passengers on aircraft and at airport by use of surveillance cameras. The intelligent transport system also helps passenger in booking the airlines services by selecting the seats as per the interest of the traveler and others.

According to Market Research Future Analysis, Global Intelligent Airway Transport System Market has been valued at USD ~21.5 Billion by the end of forecast period with CAGR of ~11.5% during forecast period 2016 to 2022.

Segments:

The Global Intelligent airways transport system market has been segmented on the basis of component, deployment and technology. Component comprises of hardware such as sensor, display units, closed circuit cameras, networking devices and others. Whereas, software includes the backend integration various device. Deployment comprises of on cloud and on premises and technology is further split into passenger empowerment, smarter baggage solutions, biometric-enabled self-service, data science, robotics and artificial intelligence and others.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Players

The prominent players in the market of Intelligent Airways Transportation System market are – Amadeus IT Holding S.A. (Spain), CISCO Systems Inc.(U.S.), Indra Sistemas S.A. (Spain), International Business Machines Corporation (IBM) (U.S.), NEC Corporation (Japan), Rockwell Collins Inc.(U.S.), Siemens AG (Germany) , SITA (Switzerland), Unisys Corporation (U.S.), Honeywell Corporation Inc. (U.S.) among others.

Regional Analysis

Market Research Future Analysis shows that North America region is growing with the existence of large market players such as Cisco Systems, Inc. and IBM Corporation who are proving the intelligent transport systems on a large scale.  Asia pacific region is experiencing a population growth in the developing nations of India and china, which are generating an increased demand of establishing intelligent airways transportation system. The increasing number of developed cities along with the strong economic growth of the region is also contributing to the growth.

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Intended Audience

  • Airport Authorities
  • Airport Technology Vendors
  • Airport IT Solution Provider
  • Airline Operators
  • Airport Planners
  • Research institutions
  • Technology investors
  • IT firms

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