AIRPORT ASSET TRACKING MARKET ANALYSIS
The increasing number of airports worldwide owing to increasing air traffic is expected to increase the growth of airport asset tracking market.
According to the Airport Council International (ACI), the growth rate of air passengers is increasing globally. For instance, according to the International Air Transport Association (IATA), US$ 1.2-1.5 trillion is expected to be spent on global airport infrastructure development till 2030, and these investments are made to build new airports or expand existing infrastructure to accommodate the steadily increasing passenger count. Governments all over the world are working to make advancements in the aviation sector and related industries which provide software, hardware, logistic services to airport infrastructure. For instance, Unilode Aviation Solutions, a Switzerland-based company which provides Unit Load Devices (ULD) Management and Maintenance, Repair and Operations (MRO) Solutions and Galley Cart Repair Services for the aviation industry, manages one of the world\'s largest independent fleets of approximately 120,000 Unit Load Devices (ULDs), providing outsourced ULD management solutions to over 40 airline customers. Another market driving factor is the hardware segment which includes RFID readers, antennas, RFID tags, connectors, cables, and RFID cards used in asset tracking systems. All of these hardware devices provide valuable information for monitoring as well as data storage in the cloud for future asset tracking. As a result, airport managers can use the data to make more informed decisions about the assets.
Global Airport Asset Tracking Market Taxonomy
On the basis of Offering, the global airport asset tracking market is segmented into:
On the basis of Asset type, the global airport asset tracking market is segmented into:
On the basis of Region, the global airport asset tracking market is segmented into:
The increasing number of airports worldwide owing to increasing air traffic is expected to increase the growth of airport asset tracking market.
According to the Airport Council International (ACI), the growth rate of air passengers is increasing globally. For instance, according to the International Air Transport Association (IATA), US$ 1.2-1.5 trillion is expected to be spent on global airport infrastructure development till 2030, and these investments are made to build new airports or expand existing infrastructure to accommodate the steadily increasing passenger count. Governments all over the world are working to make advancements in the aviation sector and related industries which provide software, hardware, logistic services to airport infrastructure. For instance, Unilode Aviation Solutions, a Switzerland-based company which provides Unit Load Devices (ULD) Management and Maintenance, Repair and Operations (MRO) Solutions and Galley Cart Repair Services for the aviation industry, manages one of the world\'s largest independent fleets of approximately 120,000 Unit Load Devices (ULDs), providing outsourced ULD management solutions to over 40 airline customers. Another market driving factor is the hardware segment which includes RFID readers, antennas, RFID tags, connectors, cables, and RFID cards used in asset tracking systems. All of these hardware devices provide valuable information for monitoring as well as data storage in the cloud for future asset tracking. As a result, airport managers can use the data to make more informed decisions about the assets.
Global Airport Asset Tracking Market Taxonomy
On the basis of Offering, the global airport asset tracking market is segmented into:
On the basis of Asset type, the global airport asset tracking market is segmented into:
On the basis of Region, the global airport asset tracking market is segmented into:
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