growth in air passenger traffic is driving the Airport Robots Market
Technavio analyzes that the Airport Robots Market is expected to grow at a CAGR of 14.46% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2.02 billion.There are various factors that contribute to the growth of the market. The airport robots market is poised for significant growth due to the increasing air passenger traffic worldwide. Robots are being integrated into airports to enhance efficiency and improve passenger experience. They are used for various applications such as baggage handling, security checks, and customer assistance. The rising demand for automation in the aviation industry is expected to drive market growth in the coming years. Airports are constantly seeking ways to reduce wait times and improve operations, making robots an attractive solution. Additionally, the integration of advanced technologies like AI and IoT in robots is further expanding their capabilities, leading to increased adoption.
In the realm of airport infrastructure, non-humanoid robots have proven to be indispensable assets. These robots, devoid of humanoid characteristics, excel in specialized functions, such as autonomous cleaning. Equipped with advanced sensors and artificial intelligence, they navigate airport terminals with precision, ensuring optimal functionality of transport infrastructure. Their primary application lies in the landside sector, where they operate at designated times to clean hard-to-reach areas, enhancing overall airport hygiene. By minimizing human intervention, these robots contribute significantly to airport operations, improving efficiency and the traveler experience for air passengers, particularly business travelers.
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Airport Robots Market Segmentation
As per our research findings, here are some of the key competitors that are leading the industry
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At Incheon Airport and Kansai International, advanced robots like Airstar and Secom are revolutionizing airport security. These robots, including facial recognition systems, sensors, and cameras, actively interrogate for conventional explosives, weapons, chemical agents, and contraband. Grand Rapids Airport is also considering the implementation of such robots for enhanced security against terrorism. Robots undergo rigorous testing with security officials to ensure precision and efficiency. Airline bookings and queries are also being handled by chatbots to improve customer experience. The airport security segment continues to invest in advanced systems to maintain precautions and uphold passenger safety.
The airport robots market is a segment of the larger global industrial machinery market, which encompasses companies manufacturing industrial machinery and components. This market includes presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. According to Technavio, the expansion of industrial output in process and discrete industries, driven by the increasing demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages in developing economies, will fuel the growth of the global industrial machinery market. Consequently, the airport robots market is poised to benefit from this trend, with key players such as Grand Rapids, Incheon Airport, Airstar robot, Kansai Airports, Secom Robot, Kansai International, Internal Security Force, Airports Authority, Hollongi, and Stanley Robotics contributing to its growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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