Airport Asset Tracking Market Analysis, Trends, and Scope 2024 to 2031
Airport Asset Tracking Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 558.25 Million |
Market Size by 2031 | US$ 1547.83 Million |
Global CAGR (2023 - 2031) | 13.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Offering
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Airport Asset Tracking Market News and Recent Developments
The Airport Asset Tracking Marketis evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In August 2022, AeroCloud announced the launch of Asset Management, an innovative new module. Asset Management allows airports to manage and track the status of all airport assets and consumables and offers transparency of outstanding repair work. This innovative module allows users to access an interactive map to pinpoint assets and consumable stored locations to exact coordinates. Users can deep dive into assets that have outstanding repairs, set custom stock level alerts, and keep on top of expenditures. (Source: AeroCloud, Press Release, 2022)
- In April 2021, Semtech Corporation, a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, announced that DevApp Tech Solutions Pvt Ltd. (DevAppSol), a leading Internet of Things (IoT) and low power wide area network (LPWAN) solution provider, integrated the LoRaWAN protocol into its smart asset tracking solution for luggage trolleys at Hyderabad International Airport. DevAppSol’s application leverages on-premises private LoRaWAN networks to accurately manage and track trolleys as they move throughout the airport grounds. (Source: Semtech Corporation, Press Release, 2021)
Airport Asset Tracking Market Report Coverage and Deliverables
The “Airport Asset Tracking Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles