Intelligent Airways Transportation Market 2020 Growth Rate Research Report and Future Plans 2027

Market Research Future published a research report on "Intelligent Airways Transportation Market Research Report - Global Forecast till 2023" – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Overview:

Rapid technological advancement is resulting in continuous upgrading of airport equipment to facilitate safety and efficiency of the airways. The intelligent airways transportation system uses information technology in order to manage airway services. Market Research Future (MRFR) has published a report asserting that the global intelligent airways transportation system market is marked to expand remarkably at a CAGR of 11.5% during the forecast period of 2016-2022 and reach the valuation of USD 21.5 Bn by the end of 2022 from USD 11.18 Bn in 2016.

Market Drivers and Restraints:

Increasing adoption of advanced technology and rapid development in artificial intelligence technology are majorly aiding in air traffic organization by maintaining the critical elements of airways transportation systems. Growing trend of internet of things and the benefits of intelligent airways transportation system for enhancing security and service quality are contributing to the significant growth of the global intelligent airways transportation system market. Increasing aircraft fleets and air traffic are inducing high demand for advanced management solutions that provide real-time data, which in turn is propelling the growth of the global Intelligent Airways Transportation System Market.

Implementation of intelligent airways transportation system to enhance customer experience and security by making the travel more personalized and for timely managing of services are propelling the growth of the global intelligent airways transportation system market. The features of intelligent airways transportation system that aid in simplifying the complexities regarding the working of airports and airways are inducing demand for advanced solutions, resulting in the expansion of the global intelligent airways transportation system market. However, high cost of upgrades and lack of resources are some of the primary factors that are likely to restrain the growth of the global intelligent airways transportation system market during the forecast period.

Key Players

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

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Market Segmentation:

The global intelligent airways transportation system market has been segmented on the basis of component, deployment and technology. Based on component, the intelligent airways transportation system market has been segmented into hardware and software. The hardware segment has been sub-segmented into sensor, display units, closed circuit cameras, networking devices and others. The software segment has been sub-segmented into backend integration various device. Based on deployment, the intelligent airways transportation system market has been segmented into on-cloud and on-premises. Based on technology, the intelligent airways transportation system market has been segmented into passenger empowerment, smarter baggage solutions, biometric-enabled self-service, data science, robotics and artificial intelligence and others.

Regional Analysis

By region, the global market for intelligent airways transportation system has been segmented into North America, Europe, the Asia Pacific, and the Middle East & Africa.

North America is expected to boost the market as a result of intensive research and development in airline-related smart technology, high penetration of the Internet of Things, and the growth of a range of IoT and cloud-related technologies in the region. The North American region is projected to have the largest market share with the presence of early-stage technology adopters in the region. The region also has the involvement of technologically advanced countries such as the U.S. and Canada that facilitate the development of the market for intelligent airway transport system.

Europe has benefited most from the government's comprehensive airport automation initiatives.

The Asia Pacific market is projected to see the highest growth due to a steady increase in the number of operating airports, growing demand for airport information systems, growing acceptance of advanced airport technologies, and an improved baggage handling system.

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About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Market Research Future published a research report on "Wireless Power Receiver Market Research Report - Global Forecast till 2027" – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Market Scenario

The global wireless power receiver market is presumed to register a remarkable CAGR during the assessment period (2016-2022) owing to the growing smartphone industry, asserts Market Research Future (MRFR). Wireless power receiver can be referred to a product which helps in receiving the power for a product wirelessly. For instance, Apple Smart Watch and Galaxy S6 smartphone are products designed to help transmit electrical energy without the help of any cables or wires.

Drivers and Constraints Impacting the Market

With the increasing smartphone industry and growing consumer awareness, the Wireless Power Receiver Market is considered to foster during the assessment period. Smartphone companies are also heavily investing in their research and development activities, which is further driving the market. The increased use of electronics and the constant need to power them has resulted in the adoption of wireless power receiver across the globe. Moreover, technological advancements and growing smartphone industry are some of the other key factors considered to augment the market growth.

On the flip side, high cost of such wireless power receivers is likely to impede the market growth during the estimated period.

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Competitive Dashboard

The major players operating the global wireless power receiver market are Integrated Device Technology Inc. (U.S.), Convenient Power HK Limited (China), Qualcomm Inc. (U.S.), TDK Corporation (Japan), NXP Semiconductors (Netherlands), WiTricity Corporation (U.S.), Samsung Electronics Co Ltd. (South Korea), Texas Instruments Inc. (U.S.), Powermat Technologies Ltd (Israel), PowerbyProxi (New Zealand), and other

Global Wireless Power Receiver Market: Segmental Analysis

The global wireless power receiver market has been segmented on the basis of technology, application, and region.

By mode of technology, the global wireless power receiver market has been segmented into capacitive coupling, inductive coupling, and others.

By mode of application, the global wireless power receiver market has been segmented into consumer electronics which comprise smartphones, automotive, tablets, wearable devices, industrial, aerospace and defense, healthcare, and others.

Regional Insights

Geographically, the wireless power receiver market span across regions namely, Asia Pacific, Europe, North America, and Rest-of-the-World.

Among all the regions, North America is estimated to dominate the global wireless power receiver market with the largest market share during the estimated period. The growth in this region is attributed to the increase in the number of wireless charging market. Also, with the presence of leading countries such as Canada and the United States, the market in this region is considered to expand at a remarkable rate.

Asia Pacific is considered to be the fastest growing region in the wireless power receiver market due to the presence of leading countries such as Taiwan China, Japan, South Korea, and India. Moreover, the proliferation of smartphones along with other smart devices owing to rise in disposable income is also considered to drive the market in this region.

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About Us:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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