PUBLISHER: SkyQuest | PRODUCT CODE: 1285976
PUBLISHER: SkyQuest | PRODUCT CODE: 1285976
Global Airport Robots Market size was valued at USD 725.06 million in 2021 and is poised to grow from USD 834.47 million in 2022 to USD 2568.14 million by 2030, growing at a CAGR of 17.8% in the forecast period (2023-2030).
In order to help staff employees engage with passengers and offer assistance, robots are deployed in airports all around the world. Additionally, robots are being tested in airports across the globe to give travellers access to information, guidance, and entertainment. The housekeeping and security sectors have both used robots. The increasing number of robots being installed in airports throughout the world is likely fueling future market growth for airport robotics. It is projected that using high-tech robots would enhance airport services and increase customer happiness in the coming years. As chatbots and artificial intelligence are increasingly employed to handle airline bookings and queries, future development prospects for the market are therefore predicted.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Airport Robots Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report:
The Global Airport Robots Market is segmented based on end user, application, type and by region. Based end user Airport Robots Market is categorized into Airport Security, Boarding Pass Scanning, Airport Baggage System, Passenger Guidance, and Others. By Application it is segmented Landside and Terminal. Based on Type Airport Robots Market is categorized in Humanoid and Non-humanoid. Based on region Airport Robots Market is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Driver
The need for security and airport cleaning robots is fueled by airlines' increased focus on delivering modern airport amenities to enhance passenger experience and security. Airport authorities must deal delicately with the sensitive subject of airport security, which also requires manual labour, increasing the expense of security operations as a whole. The deployment of robots, on the other hand, lowers the cost of security operations while boosting accuracy and efficiency. As a result, it is anticipated that the Global Airport Robots Market would grow throughout the forecast period.
Over the past ten years, there has been a dramatic growth in air travel. By the end of 2037, 8.2 billion people will have travelled by plane, according to the International Air Transport Association (IATA). The demand for additional airports and speedy, effective passenger services is rising in response to the steady increase in air traffic. As a result, airports are swapping out outdated systems for highly developed, fully automated robotic systems in an effort to cut down on passenger wait times. The use of the airport robot can speed up the check-in process for passengers. Additionally, the airport administration is having trouble finding parking because of increased aviation traffic. By using sophisticated, intelligent airport robot parking, this issue can also be solved.
Restraint
The development of technologically superior systems to replace conventional airport systems is a priority for producers of airport systems and equipment. Additionally, the development of smart airports, a project started by governments from many nations, is something that airport authorities are looking forward to. However, the expansion of the airport robots market is being hampered by the high costs involved in robot production, deployment, and maintenance.
Market Trends
The segment with the largest share right now is airport security. Airport security is among the top concerns that workers at airports throughout the world have. The increase in terrorism around the world has caused airport personnel to be more vigilant and focused on airport security.
In an effort to prevent any undesirable scenarios, airports all around the world have taken it a step further and started testing autonomous robots. These robots are meant to assist security authorities in providing effective security at the airport.
Airports like La Guardia and Hamad International Airport have started to use security robots to provide the highest level of airport security. Incorporated inside the robots are sensors, cameras, and a facial recognition system. They are able to measure pulse rates remotely, which allows them to detect suspect individuals, credit cards, fake currency, abandoned items, and explosives without obstructing the flow of passengers through the airport terminal.