AIRPORT ASSET TRACKING MARKET ANALYSIS

Regional Analysis

 Asia Pacific is the growing region owing to significant growth in investments towards new airport constructions due to increasing air traffic. China leads the airport asset tracking market in APAC, followed by India, and the ASEAN countries. Global air traffic is expected to double over the next two decades, that brings new challenges in the management of a diverse range of assets such as unit load devices, maintenance, repairs, and overhaul spare parts, and tractors. These assets are required at an airport at the time of every departure. The seamless tracking of the above mentioned assets would enable operators in avoiding delays and optimizing asset operations.

 In terms of revenue, Europe holds the second position in global airport asset tracking system market. The presence of numerous software companies offering asset tracking solutions for airport applications has contributed to the growth of the airport asset tracking market in this region. For instance, European company TracLogik is a leading provider of asset and employee location products and services.

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa