Smart Airports Market by System, Application ( Landside, Terminal Side, and Airside), Airport Size ( Small, Medium, and Large), End Market, Airport Technology ( Airport 2.0 , Airport 3.0 and Airport 4.0), Operation and Region - Global Forecast to 2027

Abstract
The Smart airports market size is projected to grow from USD 7.0 Billion in 2022 to USD 8.3 Billion by 2027, at a CAGR of 3.5% from 2022 to 2027. The growing need for real-time information and the increasing usage of self-service technologies are projected to fuel the growth of the smart airport industry. The market will be driven by the expansion of existing airports, the adoption of smart airport solutions at new airports, and an increase in the number of green initiatives by airports. Furthermore, airports are implementing self-service kiosks, biometric passenger identification, and artificial intelligence technologies to boost market development.

Upgrades & Services segment is expected to account for the largest share in 2022

Based on End Market, the Upgrades & Services are projected to lead the smart airports market during the forecast period. Airports are implementing digital transformation to differentiate their visitor experiences. To enhance the passenger experience and operational effectiveness, existing systems and solutions are being modernized with cutting-edge technology and solutions. The need for enhanced upkeep and services to guarantee their ongoing operation is driving the market.

The Endpoint Devices is projected to dominate the market share in the System segment during the forecast period

Based on System, the Endpoint Devices segment is projected to dominate the market share during the forecast period. The market is further segmented into Communication & Connectivity, Endpoint Devices, Data Storage, and Software & Solution. To speed up the screening process, airports use trustworthy endpoint devices like as biometrics, RFID, beacons, and so on. End point devices have enhanced airport operations and consumer satisfaction. Furthermore, developments in endpoint devices have increased security standards and streamlined the airport screening procedure.

The Airside is projected to dominate market share in the application segment during the forecast period

Based on application, the smart airports segment is projected to dominate the market share during the forecast period. Rapid growth in global passenger traffic is expected to increase demand for smart solutions on the airside. Additionally, the market has been driven by the growing requirement for smart solutions for airside operations, such as sophisticated aircraft parking solutions and cutting-edge maintenance and health monitoring systems.

The Airport 3.0 segment is projected to lead smart airports market during the forecast period

Based on airport technology, the airport 3.0 segment is projected to lead the smart airport market during the forecast period. The industry is expanding rapidly due to increased air traffic passengers worldwide. Furthermore, airport modernization plans are likely to drive the worldwide smart airport 3.0 market growth.

Non-Aeronautical Segment is projected to account for the largest share in 2022

Based on Operation, the non-aeronautical segment is projected to lead the smart airports market during the forecast period. The expansion in air passenger travel will propel the aviation sector, which will boost the market for smart airport accordingly. In addition to intelligent transportation services and inventory management, airports are concentrating on specific digital advertising to meet customer preferences and boost the growth of the non-aeronautical sector.

Asia Pacific is expected to account for the largest market share in 2022

The smart airports market industry has been studied in North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific accounted for the largest market share in 2022, and North America is projected to witness the highest CAGR during the forecast period. The Asia Pacific market is likely to develop rapidly over the forecast period, owing to considerable increases in air traffic in countries such as China, Singapore, and India. As the number of passengers increases, so will the demand for automation of procedures such as luggage handling and self-check-in services.

The break-up of the profile of primary participants in the smart airports market:
•By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
•By Designation: C Level – 50%, Director Level – 25%, Others-25%
•By Region: North America – 45%, Europe – 25%, Asia Pacific – 20%, Middle East – 5%, and Latin America – 5%

Prominent companies include SITA (Switzerland), THALES (France), Siemens AG (Germany), Amadeus IT Group SA (Spain), IBM Corporation (US), Cisco Systems Inc. (US), Indra Sistemas S.A. (Spain), Honeywell International Inc. (US), L3Harris Technologies Inc (US).

Research Coverage:
The report segments the Smart airports market based on System, Application, Airport Size, End Market, Airport Technology, Operation and Region. Based on System, the market is segmented into Communication & Connectivity, Endpoint devices, Data Storage, Software & Solution. Based on application, the market is segmented into landside, terminal side, and air side. Based on airport size, the smart airport market is segmented into large, medium, and small. Based on end market, the market is segmented into implementation, upgrades & services. Based on airport technology, the market is segmented into airport 2.0, airport 3.0, airport 4.0. Based on application, the market is segmented into aeronautical and non-aeronautical.

The smart airport market has been studied for North America, Europe, Asia Pacific, and Rest of the World. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the smart airports market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the smart airports market. Competitive analysis of upcoming startups in the smart airports market ecosystem is covered in this report.

Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall smart airports market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
•Market Penetration: Comprehensive information on smart airports offered by the top players in the market
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the smart airports market
•Market Development: Comprehensive information about lucrative markets – the report analyses the smart airports market across varied regions
•Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the smart airports market
•Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players in the smart airports market

Content
Table of Contents

1INTRODUCTION36
1.1STUDY OBJECTIVES36
1.2MARKET DEFINITION36
1.3STUDY SCOPE37
1.3.1MARKETS COVERED37
1.3.2REGIONAL SCOPE38
1.3.3YEARS CONSIDERED38
1.4CURRENCY CONSIDERED39
TABLE 1USD EXCHANGE RATES39
1.5INCLUSIONS AND EXCLUSIONS39
TABLE 2SMART AIRPORTS MARKET: INCLUSIONS AND EXCLUSIONS39
1.6LIMITATIONS39
1.7STAKEHOLDERS40
1.8SUMMARY OF CHANGES40
2RESEARCH METHODOLOGY41
2.1RESEARCH DATA41
FIGURE 1RESEARCH PROCESS FLOW41
FIGURE 2SMART AIRPORTS MARKET: RESEARCH DESIGN42
2.1.1SECONDARY DATA42
2.1.1.1Secondary sources43
2.1.2PRIMARY SOURCE43
2.1.2.1Primary data43
2.1.2.2Key data from primary sources44
2.1.2.3Breakdown of primaries45
FIGURE 3BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION45
2.2FACTOR ANALYSIS45
2.2.1INTRODUCTION45
2.2.2DEMAND-SIDE INDICATORS46
2.2.2.1Increase in airport infrastructure development to facilitate seamless passenger experience46
2.2.3SUPPLY-SIDE INDICATORS46
2.2.3.1Development of advanced smart airport technologies by manufacturers46
2.3RESEARCH APPROACH & METHODOLOGY46
TABLE 3SEGMENTS AND SUBSEGMENTS47
2.4MARKET SIZE ESTIMATION47
2.4.1BOTTOM-UP APPROACH47
2.4.1.1.1Evaluation of smart airports market48
FIGURE 4MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH (DEMAND-SIDE)48
2.4.2TOP-DOWN APPROACH49
FIGURE 5MARKET SIZE ESTIMATION: TOP-DOWN APPROACH (SUPPLY-SIDE)49
2.5MARKET BREAKDOWN AND DATA TRIANGULATION49
FIGURE 6DATA TRIANGULATION METHODOLOGY50
2.6RECESSION IMPACT ON MARKET ANALYSIS50
FIGURE 7SMART AIRPORTS MARKET: QUARTERLY REVENUE OF TOP FOUR COMPANIES51
FIGURE 8SMART AIRPORT SYSTEMS: AIR PASSENGER FOOTPRINT AND REVENUE PER KILOMETER (RPK) YOY GROWTH 202251
2.7GROWTH RATE ASSUMPTIONS52
2.8ASSUMPTIONS52
FIGURE 9PARAMETRIC ASSUMPTIONS MADE FOR MARKET FORECAST52
2.9RISKS53
3EXECUTIVE SUMMARY54
FIGURE 10BY APPLICATION, AIRSIDE SEGMENT PROJECTED TO LEAD SMART AIRPORTS MARKET DURING FORECAST PERIOD54
FIGURE 11BY SYSTEM, ENDPOINT DEVICES SEGMENT ESTIMATED TO LEAD MARKET IN 202255
FIGURE 12BY AIRPORT SIZE, MEDIUM SEGMENT PROJECTED TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD55
FIGURE 13ASIA PACIFIC ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 202256
4PREMIUM INSIGHTS57
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMART AIRPORTS MARKET57
FIGURE 14BUSINESS OPTIMIZATION AND IMPROVED PASSENGER EXPERIENCE TO DRIVE GROWTH OF SMART AIRPORTS MARKET57
4.2SMART AIRPORTS MARKET, BY APPLICATION57
FIGURE 15AIRSIDE SEGMENT TO HOLD DOMINANT SHARE DURING FORECAST PERIOD57
4.3SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY58
FIGURE 16AIRPORT 3.0 SEGMENT TO LEAD MARKET FROM 2022 TO 202758
4.4SMART AIRPORTS MARKET, BY END MARKET58
FIGURE 17UPGRADES & SERVICES SEGMENT TO LEAD MARKET FROM 2022 TO 202758
5MARKET OVERVIEW59
5.1INTRODUCTION59
5.2MARKET DYNAMICS59
FIGURE 18SMART AIRPORTS: MARKET DYNAMICS59
5.2.1DRIVERS60
5.2.1.1Growing need for real-time information60
FIGURE 19AIRPORT PASSENGERS’ TECHNOLOGY ADOPTION SURVEY, 202260
5.2.1.2Increasing use of self-service technologies at airports60
5.2.1.3Rise in focus on customer-centric approaches61
5.2.1.4Adoption of sophisticated connectivity technologies61
5.2.2RESTRAINTS62
5.2.2.1Difficulties in data collaboration62
5.2.2.2Lack of standardized regulations for blockchain technology62
5.2.2.3Privacy concerns62
5.2.3OPPORTUNITIES63
5.2.3.1Airport operation optimization through digitization63
5.2.3.2New revenue sources from smart solutions63
5.2.4CHALLENGES63
5.2.4.1Comprehension of passenger preferences63
5.2.4.2High CAPEX resulting in slow integration of innovative technologies64
5.3TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS64
5.3.1REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN SMART AIRPORTS MARKET64
FIGURE 20REVENUE SHIFT IN SMART AIRPORTS MARKET64
5.4TRADE ANALYSIS65
TABLE 4IMPORTED VALUE OF AIRCRAFT AND SPACECRAFT PARTS, USD MILLION (2017–2021)65
TABLE 5EXPORTED VALUE OF AIRCRAFT AND SPACECRAFT PARTS, USD MILLION (2017–2021)66
5.5PRICING ANALYSIS68
TABLE 6AVERAGE SELLING PRICE RANGE: SMART AIRPORTS MARKET (BY APPLICATION)68
5.6MARKET ECOSYSTEM69
5.6.1PROMINENT COMPANIES69
5.6.2PRIVATE AND SMALL ENTERPRISES69
5.6.3END USERS69
FIGURE 21MARKET ECOSYSTEM MAP: SMART AIRPORTS69
TABLE 7SMART AIRPORTS MARKET ECOSYSTEM70
5.7VALUE CHAIN ANALYSIS71
FIGURE 22VALUE CHAIN ANALYSIS: SMART AIRPORTS MARKET71
5.8RECESSION IMPACT ANALYSIS72
FIGURE 23RECESSION IMPACT ANALYSIS72
5.9TECHNOLOGY ANALYSIS72
5.9.1TECHNOLOGICAL ADVANCEMENTS IN PASSENGER BOARDING BRIDGES72
5.9.2MRO PROVIDERS TO INVEST IN MODERNIZATION OF GROUND SUPPORT EQUIPMENT73
5.10PORTER’S FIVE FORCES MODEL73
TABLE 8SMART AIRPORTS MARKET: PORTER’S FIVE FORCES ANALYSIS74
5.10.1THREAT OF NEW ENTRANTS74
5.10.2THREAT OF SUBSTITUTES74
5.10.3BARGAINING POWER OF SUPPLIERS74
5.10.4BARGAINING POWER OF BUYERS74
5.10.5INTENSITY OF COMPETITIVE RIVALRY75
5.11KEY STAKEHOLDERS AND BUYING CRITERIA75
5.11.1KEY STAKEHOLDERS IN BUYING PROCESS75
FIGURE 24INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF SMART AIRPORT TECHNOLOGIES75
TABLE 9INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SMART AIRPORT TECHNOLOGIES (%)75
5.11.2BUYING CRITERIA76
FIGURE 25KEY BUYING CRITERIA FOR SMART AIRPORT TECHNOLOGIES76
TABLE 10KEY BUYING CRITERIA FOR SMART AIRPORT TECHNOLOGIES76
5.12KEY CONFERENCES AND EVENTS IN 2022–202377
TABLE 11SMART AIRPORTS MARKET: CONFERENCES AND EVENTS, 2022–202377
5.13TARIFF REGULATORY LANDSCAPE FOR AEROSPACE INDUSTRY78
TABLE 12NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS78
TABLE 13EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS79
TABLE 14ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS79
TABLE 15REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
6INDUSTRY TRENDS81
6.1INTRODUCTION81
6.2SUPPLY CHAIN ANALYSIS81
FIGURE 26SUPPLY CHAIN ANALYSIS OF SMART AIRPORTS MARKET82
6.3TECHNOLOGY TRENDS82
6.3.1AGILE SYSTEM WITH OPEN ARCHITECTURE82
6.3.2EDGE COMPUTING83
6.3.3DYNAMIC WIRELESS INDUCTIVE EV CHARGING83
6.3.4ELECTRIFICATION IN PASSENGER BUSES83
6.4USE CASES: SMART AIRPORTS84
TABLE 16SMART AIRPORTS USE CASES84
6.5IMPACT OF MEGATRENDS87
FIGURE 27IMPACT OF MEGATRENDS ON VALUE SHARING IN ECOSYSTEM89
6.6SMART AIRPORTS MARKET: PATENT ANALYSIS90
TABLE 17KEY PATENTS, 2018–202290
7SMART AIRPORTS MARKET, BY SYSTEM91
7.1INTRODUCTION92
FIGURE 28ENDPOINT DEVICES TO LEAD SMART AIRPORTS MARKET DURING FORECAST PERIOD92
TABLE 18SMART AIRPORTS MARKET, BY SYSTEM, 2018–2021 (USD MILLION)92
TABLE 19SMART AIRPORTS MARKET, BY SYSTEM, 2022–2027 (USD MILLION)93
7.2COMMUNICATION & CONNECTIVITY93
FIGURE 29LPWAN & WLAN TO LEAD COMMUNICATION & CONNECTIVITY SEGMENT DURING FORECAST PERIOD93
TABLE 20COMMUNICATION & CONNECTIVITY: SMART AIRPORTS MARKET, BY SUBSYSTEM, 2018–2021 (USD MILLION)94
TABLE 21COMMUNICATION & CONNECTIVITY: SMART AIRPORTS MARKET, BY SUBSYSTEM, 2022–2027 (USD MILLION)94
7.2.1WIRELESS94
7.2.1.1Deployment of wireless technology during upgradation of airport 2.0 to airport 3.0 to drive market94
7.2.2NEAR-FIELD COMMUNICATION, RFID, BLUETOOTH95
7.2.2.1Growing use of RFID technology for passenger ease to drive market95
7.2.3LPWAN & WLAN95
7.2.3.1Advanced WLAN systems to drive market95
7.3ENDPOINT DEVICES95
FIGURE 30CAMERAS TO LEAD ENDPOINT DEVICES MARKET DURING FORECAST PERIOD96
TABLE 22ENDPOINT DEVICES: SMART AIRPORTS MARKET, BY SUBSYSTEM, 2018–2021 (USD MILLION)96
TABLE 23ENDPOINT DEVICES: SMART AIRPORTS MARKET, BY SUBSYSTEM, 2022–2027 (USD MILLION)96
7.3.1CAMERAS97
7.3.1.1Deployment of thermal cameras for security and surveillance at airports to drive market97
7.3.2SENSORS97
7.3.2.1Enhancing airport services such as taxi queues to drive market97
7.3.3DISPLAYS97
7.3.3.1Advancements in display technology to drive market97
7.3.4TAGS97
7.3.4.1Increase in air traveler footprint to drive market97
7.3.5WEARABLES98
7.3.5.1Increment in operational efficiency to drive market98
7.3.6BEACONS98
7.3.6.1Advancement in beacon technology to drive market98
7.4DATA STORAGE98
FIGURE 31CLOUD TO LEAD DATA STORAGE MARKET DURING FORECAST PERIOD98
TABLE 24DATA STORAGE: SMART AIRPORTS MARKET, BY SUBSYSTEM, 2018–2021 (USD MILLION)99
TABLE 25DATA STORAGE: SMART AIRPORTS MARKET, BY SUBSYSTEM, 2022–2027 (USD MILLION)99
7.4.1CLOUD99
7.4.1.1Advanced IT Infrastructure to drive market99
7.4.2ON-PREMISES99
7.4.2.1Quickly accessible data to drive market99
7.5SOFTWARE & SOLUTIONS100
FIGURE 32SOFTWARE & APPLICATIONS TO LEAD SOFTWARE & SOLUTIONS MARKET DURING FORECAST PERIOD100
TABLE 26SOFTWARE & SOLUTIONS: SMART AIRPORTS MARKET, BY SUBSYSTEM, 2018–2021 (USD MILLION)100
TABLE 27SOFTWARE & SOLUTIONS: SMART AIRPORTS MARKET, BY SUBSYSTEM, 2022–2027 (USD MILLION)100
7.5.1SOFTWARE & APPLICATIONS101
7.5.1.1Modernization of existing infrastructure to drive market101
7.5.2DATA ANALYTICS101
7.5.2.1Implementation of data analytics at large airports to improve passenger experience101
7.5.3PLATFORMS101
7.5.3.1Advancements in airport platforms to drive market101
7.5.4MANAGED SERVICES101
7.5.4.1Increased air-passenger traffic to drive market101
8SMART AIRPORTS MARKET, BY APPLICATION102
8.1INTRODUCTION103
FIGURE 33AIRSIDE SEGMENT TO HOLD MAJOR MARKET SHARE DURING FORECAST PERIOD103
TABLE 28SMART AIRPORTS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)103
TABLE 29SMART AIRPORTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)103
8.2LANDSIDE104
FIGURE 34VEHICLE PARKING TO LEAD LANDSIDE MARKET DURING FORECAST PERIOD104
TABLE 30LANDSIDE: SMART AIRPORTS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)104
TABLE 31LANDSIDE: SMART AIRPORTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)104
8.2.1INTELLIGENT ADVERTISING105
8.2.1.1Customized advertisements to drive market105
8.2.2VEHICLE PARKING105
8.2.2.1Increase in use of SmartPark System to drive market105
8.2.3CAR RENTAL & MASS TRANSIT105
8.2.3.1Ride-hailing apps to create significant business opportunities105
8.3TERMINAL SIDE106
FIGURE 35PASSENGER SCREENING TO LEAD TERMINAL SIDE MARKET DURING FORECAST PERIOD106
TABLE 32TERMINAL SIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)106
TABLE 33TERMINAL SIDE MARKET, BY APPLICATION, 2022–2027 (USD MILLION)107
8.3.1BUILDING MANAGEMENT107
8.3.1.1Integration of advanced smart technologies to drive market107
8.3.2PASSENGER SCREENING107
8.3.2.1Installation of self-check-in kiosks at airports to drive market107
8.3.3PASSENGER EXPERIENCE108
8.3.3.1Deployment of robots at various airports to assist passengers with vital information to drive market108
8.3.4STAFF & CREW MANAGEMENT108
8.3.4.1Traceable wearables and IoT solutions to improve crew management108
8.3.5BEHAVIORAL ANALYTICS108
8.3.5.1Adoption of behavioral analytics into security protocol to drive market108
8.3.6CARGO AND BAGGAGE HANDLING108
8.3.6.1Adoption of integrated cart systems to drive market108
8.3.7PAYMENT & TOKENIZATION109
8.3.7.1Inception of blockchain technology to drive market109
8.4AIRSIDE109
FIGURE 36AIR TRAFFIC MANAGEMENT TO LEAD AIRSIDE MARKET DURING FORECAST PERIOD109
TABLE 34AIRSIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)110
TABLE 35AIRSIDE MARKET, BY APPLICATION, 2022–2027 (USD MILLION)110
8.4.1E-FENCE110
8.4.1.1Integration of fences with sensors to drive market110
8.4.2GROUND SUPPORT EQUIPMENT MANAGEMENT111
8.4.2.1Smart vehicles such as automatic bots to drive market111
8.4.3AIRCRAFT MAINTENANCE111
8.4.3.1Advanced aircraft maintenance technologies to boost market111
8.4.4AIR TRAFFIC MANAGEMENT111
8.4.4.1Implementation of smart technologies to drive market111
8.4.5NOISE MONITORING112
8.4.5.1Smart solutions used for noise monitoring to boost market112
8.4.6AIRCRAFT TURNAROUND MANAGEMENT112
8.4.6.1Smart solutions used for operations to drive market112
8.4.7ADVANCED VISUAL DOCKING GUIDANCE SYSTEM (A-VDGS)112
8.4.7.1Automation for efficient gate management to drive market112
9SMART AIRPORTS MARKET, BY AIRPORT SIZE113
9.1INTRODUCTION114
FIGURE 37MEDIUM AIRPORT SEGMENT TO LEAD SMART AIRPORTS MARKET DURING FORECAST PERIOD114
TABLE 36SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)114
TABLE 37SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)114
9.2LARGE115
9.2.1ADOPTION OF SELF-SERVICE SYSTEMS TO DRIVE MARKET115
9.3MEDIUM115
9.3.1DEVELOPMENT OF NEW AIRPORTS IN ASIA PACIFIC TO DRIVE MARKET115
9.4SMALL115
9.4.1INCREASED USE OF CHARTER SERVICES TO DRIVE MARKET115
10SMART AIRPORTS MARKET, BY END MARKET116
10.1INTRODUCTION117
FIGURE 38UPGRADES & SERVICES SEGMENT TO HOLD MAJOR MARKET SHARE DURING FORECAST PERIOD117
TABLE 38SMART AIRPORTS MARKET, BY END MARKET, 2018–2021 (USD MILLION)117
TABLE 39SMART AIRPORTS MARKET, BY END MARKET NORTH AMERICA RECESSION IMPACT, 2022–2027 (USD MILLION)117
10.2IMPLEMENTATION118
10.2.1SMART APPLICATIONS IN AIRPORTS TO DRIVE MARKET118
10.3UPGRADES & SERVICES118
10.3.1UPGRADATION OF LEGACY AIRPORT SYSTEMS WITH SMART TECHNOLOGIES TO DRIVE MARKET118
11SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY119
11.1INTRODUCTION120
FIGURE 39AIRPORT 3.0 SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD120
TABLE 40SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)120
TABLE 41SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)120
11.2AIRPORT 2.0121
11.2.1INCREASED ADOPTION OF DIGITIZATION TO IMPROVE PASSENGER EXPERIENCE121
11.3AIRPORT 3.0121
11.3.1DIGITALIZATION LEVERAGED TO ENHANCE OPERATIONAL EFFICIENCY121
11.4AIRPORT 4.0121
11.4.1BIG DATA AND OPEN DATA LEVERAGED TO ENHANCE INNOVATION121
12SMART AIRPORTS MARKET, BY OPERATION122
12.1INTRODUCTION123
FIGURE 40NON-AERONAUTICAL SEGMENT TO LEAD MARKET123
TABLE 42SMART AIRPORTS MARKET, BY OPERATION, 2018–2021 (USD MILLION)123
TABLE 43SMART AIRPORTS MARKET, BY OPERATION, 2022–2027 (USD MILLION)123
12.2AERONAUTICAL124
12.2.1CONTENT MANAGEMENT124
12.2.1.1Adoption of technologically advanced smart airports solutions to drive market124
12.2.2BUSINESS INTELLIGENCE124
12.2.2.1Reduction in administration cost to drive market124
12.2.3REAL-TIME SERVICES124
12.2.3.1Increment in operational performance by implementation of IoT solutions to fuel market124
12.2.4SUPPLY CHAIN MANAGEMENT124
12.2.4.1Technological advancements to improve efficiency of supply chain operations124
12.3NON-AERONAUTICAL125
12.3.1REAL-TIME SERVICES125
12.3.1.1Demand for improved passenger experience to drive market125
12.3.2BUSINESS INTELLIGENCE125
12.3.2.1Low operational costs to drive market125
12.3.3INTELLIGENT TRANSPORT SERVICES125
12.3.3.1Growing need to optimize transportation to drive market125
12.3.4INVENTORY MANAGEMENT125
12.3.4.1Advancements in IT solutions to drive demand125
12.3.5FEE MANAGEMENT125
12.3.5.1Increased security with advancements in blockchain to drive demand125
12.3.6RESOURCE MANAGEMENT126
12.3.6.1Increase in adoption of resource management solutions to drive demand126
13REGIONAL ANALYSIS127
13.1INTRODUCTION128
FIGURE 41ASIA PACIFIC ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022128
TABLE 44SMART AIRPORTS MARKET, BY REGION, 2018–2021 (USD MILLION)129
TABLE 45SMART AIRPORTS MARKET, BY REGION, 2022–2027 (USD MILLION)129
13.2NORTH AMERICA129
13.2.1NORTH AMERICA: RECESSION ANALYSIS130
TABLE 46NORTH AMERICA: RECESSION IMPACT ANALYSIS130
13.2.2PESTLE ANALYSIS: NORTH AMERICA130
FIGURE 42NORTH AMERICA: SMART AIRPORTS MARKET SNAPSHOT132
TABLE 47NORTH AMERICA: SMART AIRPORTS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)132
TABLE 48NORTH AMERICA: SMART AIRPORTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)133
TABLE 49NORTH AMERICA: SMART AIRPORTS MARKET, BY OPERATION, 2018–2021 (USD MILLION)133
TABLE 50NORTH AMERICA: SMART AIRPORTS MARKET, BY OPERATION, 2022–2027 (USD MILLION)133
TABLE 51NORTH AMERICA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)133
TABLE 52NORTH AMERICA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)134
TABLE 53NORTH AMERICA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)134
TABLE 54NORTH AMERICA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)134
TABLE 55NORTH AMERICA: SMART AIRPORTS MARKET, BY SYSTEM, 2018–2021 (USD MILLION)134
TABLE 56NORTH AMERICA: SMART AIRPORTS MARKET, BY SYSTEM, 2022–2027 (USD MILLION)135
TABLE 57NORTH AMERICA: SMART AIRPORTS MARKET, BY END MARKET, 2018–2021 (USD MILLION)135
TABLE 58NORTH AMERICA: SMART AIRPORTS MARKET, BY END MARKET, 2022–2027 (USD MILLION)135
TABLE 59NORTH AMERICA: SMART AIRPORTS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)135
TABLE 60NORTH AMERICA: SMART AIRPORTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)136
13.2.3US136
13.2.3.1High number of busy airports to drive market for smart technology136
TABLE 61US: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)136
TABLE 62US: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)137
TABLE 63US: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)137
TABLE 64US: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)137
13.2.4CANADA137
13.2.4.1Increased investment by Canadian government to enhance airport operations137
TABLE 65CANADA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)138
TABLE 66CANADA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)138
TABLE 67CANADA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)138
TABLE 68CANADA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)138
13.3EUROPE139
13.3.1EUROPE: RECESSION ANALYSIS139
TABLE 69EUROPE: RECESSION IMPACT ANALYSIS139
13.3.2PESTLE ANALYSIS: EUROPE140
FIGURE 43EUROPE: SMART AIRPORTS MARKET SNAPSHOT141
TABLE 70EUROPE: SMART AIRPORTS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)142
TABLE 71EUROPE: SMART AIRPORTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)142
TABLE 72EUROPE: SMART AIRPORTS MARKET, BY OPERATION, 2018–2021 (USD MILLION)142
TABLE 73EUROPE: SMART AIRPORTS MARKET, BY OPERATION, 2022–2027 (USD MILLION)142
TABLE 74EUROPE: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)142
TABLE 75EUROPE: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)143
TABLE 76EUROPE: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)143
TABLE 77EUROPE: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)143
TABLE 78EUROPE: SMART AIRPORTS MARKET, BY SYSTEM, 2018–2021 (USD MILLION)143
TABLE 79EUROPE: SMART AIRPORTS MARKET, BY SYSTEM, 2022–2027 (USD MILLION)144
TABLE 80EUROPE: SMART AIRPORTS MARKET, BY END MARKET, 2018–2021 (USD MILLION)144
TABLE 81EUROPE: SMART AIRPORTS MARKET, BY END MARKET, 2022–2027 (USD MILLION)144
TABLE 82EUROPE: SMART AIRPORTS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)144
TABLE 83EUROPE: SMART AIRPORTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)145
13.3.3UK145
13.3.3.1Airport congestion to lead to modernization of airport systems145
TABLE 84UK: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)145
TABLE 85UK: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)145
TABLE 86UK: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)146
TABLE 87UK: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)146
13.3.4FRANCE146
13.3.4.1Increased adoption of smart solutions to drive market146
TABLE 88FRANCE: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)146
TABLE 89FRANCE: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)147
TABLE 90FRANCE: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)147
TABLE 91FRANCE: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)147
13.3.5GERMANY147
13.3.5.1Increasing partnerships between airlines and smart solution providers147
TABLE 92GERMANY: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)148
TABLE 93GERMANY: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)148
TABLE 94GERMANY: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)148
TABLE 95GERMANY: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)148
13.3.6REST OF EUROPE149
13.3.6.1Rapid development of small regional airports149
TABLE 96REST OF EUROPE: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)149
TABLE 97REST OF EUROPE: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)149
TABLE 98REST OF EUROPE: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)149
TABLE 99REST OF EUROPE: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)150
13.4ASIA PACIFIC150
13.4.1ASIA PACIFIC: REGIONAL RECESSION ANALYSIS151
TABLE 100ASIA PACIFIC: RECESSION IMPACT ANALYSIS151
13.4.2PESTLE ANALYSIS: ASIA PACIFIC151
FIGURE 44ASIA PACIFIC: SMART AIRPORTS MARKET SNAPSHOT153
TABLE 101ASIA PACIFIC: SMART AIRPORTS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)153
TABLE 102ASIA PACIFIC: SMART AIRPORTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)154
TABLE 103ASIA PACIFIC: SMART AIRPORTS MARKET, BY OPERATION, 2018–2021 (USD MILLION)154
TABLE 104ASIA PACIFIC: SMART AIRPORTS MARKET, BY OPERATION, 2022–2027 (USD MILLION)154
TABLE 105ASIA PACIFIC: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)154
TABLE 106ASIA PACIFIC: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)155
TABLE 107ASIA PACIFIC: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)155
TABLE 108ASIA PACIFIC: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)155
TABLE 109ASIA PACIFIC: SMART AIRPORTS MARKET, BY SYSTEM, 2018–2021 (USD MILLION)155
TABLE 110ASIA PACIFIC: SMART AIRPORTS MARKET, BY SYSTEM, 2022–2027 (USD MILLION)156
TABLE 111ASIA PACIFIC: SMART AIRPORTS MARKET, BY END MARKET, 2018–2021 (USD MILLION)156
TABLE 112ASIA PACIFIC: SMART AIRPORTS MARKET, BY END MARKET, 2022–2027 (USD MILLION)156
TABLE 113ASIA PACIFIC: SMART AIRPORTS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)156
TABLE 114ASIA PACIFIC: SMART AIRPORTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)157
13.4.3CHINA157
13.4.3.1Digital transformation initiatives to drive market157
TABLE 115CHINA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)157
TABLE 116CHINA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)158
TABLE 117CHINA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)158
TABLE 118CHINA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)158
13.4.4INDIA158
13.4.4.1New airport projects to drive market growth in India158
TABLE 119INDIA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)159
TABLE 120INDIA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)159
TABLE 121INDIA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)159
TABLE 122INDIA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)159
13.4.5JAPAN160
13.4.5.1Investment in implementation of smart technologies at airports to drive market160
TABLE 123JAPAN: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)160
TABLE 124JAPAN: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)160
TABLE 125JAPAN: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)160
TABLE 126JAPAN: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)161
13.4.6SOUTH KOREA161
13.4.6.1Need to upgrade ATMs at airports to drive market161
TABLE 127SOUTH KOREA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)161
TABLE 128SOUTH KOREA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)161
TABLE 129SOUTH KOREA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)162
TABLE 130SOUTH KOREA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)162
13.4.7AUSTRALIA162
13.4.7.1Increase in air travel to aid market growth162
TABLE 131AUSTRALIA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)162
TABLE 132AUSTRALIA: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)163
TABLE 133AUSTRALIA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)163
TABLE 134AUSTRALIA: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)163
13.4.8REST OF ASIA PACIFIC163
13.4.8.1Government support for implementation of smart technologies to drive market163
TABLE 135REST OF ASIA PACIFIC: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)164
TABLE 136REST OF ASIA PACIFIC: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)164
TABLE 137REST OF ASIA PACIFIC: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)164
TABLE 138REST OF ASIA PACIFIC: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)164
13.5REST OF THE WORLD165
13.5.1REST OF THE WORLD: REGIONAL ANALYSIS165
TABLE 139REST OF THE WORLD: RECESSION IMPACT ANALYSIS165
13.5.2PESTLE ANALYSIS: REST OF THE WORLD166
FIGURE 45REST OF THE WORLD: SMART AIRPORTS MARKET SNAPSHOT168
TABLE 140REST OF THE WORLD: SMART AIRPORTS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)168
TABLE 141REST OF THE WORLD: SMART AIRPORTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)169
TABLE 142REST OF THE WORLD: SMART AIRPORTS MARKET, BY OPERATION, 2018–2021 (USD MILLION)169
TABLE 143REST OF THE WORLD: SMART AIRPORTS MARKET, BY OPERATION, 2022–2027 (USD MILLION)169
TABLE 144REST OF THE WORLD: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)169
TABLE 145REST OF THE WORLD: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)170
TABLE 146REST OF THE WORLD: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)170
TABLE 147REST OF THE WORLD: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)170
TABLE 148REST OF THE WORLD: SMART AIRPORTS MARKET, BY SYSTEM, 2018–2021 (USD MILLION)170
TABLE 149REST OF THE WORLD: SMART AIRPORTS MARKET, BY SYSTEM, 2022–2027 (USD MILLION)171
TABLE 150REST OF THE WORLD: SMART AIRPORTS MARKET, BY END MARKET, 2018–2021 (USD MILLION)171
TABLE 151REST OF THE WORLD: SMART AIRPORTS MARKET, BY END MARKET, 2022–2027 (USD MILLION)171
TABLE 152REST OF THE WORLD: SMART AIRPORTS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)171
TABLE 153REST OF THE WORLD: SMART AIRPORTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)172
13.5.3BRAZIL172
13.5.3.1Increase in demand from tourism industry to drive market172
TABLE 154BRAZIL: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)172
TABLE 155BRAZIL: SMART AIRPORTS MARKET, BY AIRPORT SIZE 2022–2027 (USD MILLION)172
TABLE 156BRAZIL: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)173
TABLE 157BRAZIL: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)173
13.5.4UAE173
13.5.4.1Development of large airports equipped with smart systems to drive market173
TABLE 158UAE: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2018–2021 (USD MILLION)173
TABLE 159UAE: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)174
TABLE 160UAE: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)174
TABLE 161UAE: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)174
13.5.5OTHERS IN ROW174
13.5.5.1Upgrades in international airports to boost market growth174
TABLE 162OTHERS IN ROW: SMART AIRPORTS MARKET, BY AIRPORT SIZE 2018–2021 (USD MILLION)175
TABLE 163OTHERS IN ROW: SMART AIRPORTS MARKET, BY AIRPORT SIZE, 2022–2027 (USD MILLION)175
TABLE 164OTHERS IN ROW: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2018–2021 (USD MILLION)175
TABLE 165OTHERS IN ROW: SMART AIRPORTS MARKET, BY AIRPORT TECHNOLOGY, 2022–2027 (USD MILLION)175
14COMPETITIVE LANDSCAPE176
14.1INTRODUCTION176
14.2MARKET SHARE ANALYSIS OF KEY PLAYERS, 2021176
TABLE 166SMART AIRPORTS MARKET: DEGREE OF COMPETITION177
FIGURE 46SHARE OF TOP PLAYERS IN SMART AIRPORTS MARKET, 2021177
TABLE 167KEY DEVELOPMENTS BY LEADING PLAYERS IN SMART AIRPORTS MARKET, 2022178
14.3RANKING ANALYSIS OF TOP FIVE PLAYERS, 2021180
FIGURE 47MARKET RANKING OF LEADING PLAYERS IN SMART AIRPORTS MARKET, 2021180
FIGURE 48REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS, 2017–2021180
14.4COMPETITIVE BENCHMARKING181
TABLE 168STRENGTH OF PRODUCT PORTFOLIO181
TABLE 169BUSINESS STRATEGY EXCELLENCE182
TABLE 170REGIONAL FOOTPRINT OF COMPANIES183
14.5COMPANY EVALUATION QUADRANT184
14.5.1STARS184
14.5.2EMERGING LEADERS184
14.5.3PERVASIVE PLAYERS184
14.5.4PARTICIPANTS184
FIGURE 49MARKET COMPETITIVE LEADERSHIP MAPPING, 2021185
14.5.5START-UP/SME EVALUATION QUADRANT186
14.5.5.1Progressive companies186
14.5.5.2Responsive companies186
14.5.5.3Starting blocks186
14.5.5.4Dynamic companies186
TABLE 171SMART AIRPORTS MARKET: KEY STARTUPS/SMES186
FIGURE 50SMART AIRPORTS MARKET (START-UPS) COMPETITIVE LEADERSHIP MAPPING, 2021187
14.6COMPETITIVE SCENARIO188
14.6.1MARKET EVALUATION FRAMEWORK188
14.6.2NEW PRODUCT LAUNCHES AND DEVELOPMENTS188
TABLE 172NEW PRODUCT LAUNCHES AND DEVELOPMENTS, 2019–2022188
14.6.3DEALS189
TABLE 173CONTRACTS, 2019–2022189
14.6.4VENTURES/AGREEMENTS/EXPANSIONS192
TABLE 174ACQUISITIONS/PARTNERSHIPS/JOINT VENTURES/AGREEMENTS/EXPANSIONS, 2018–2022192