Report Ocean recently released a comprehensive report on the global Airport Robots market, offering valuable insights into various factors impacting the market’s growth. The report covers crucial information on market restraints, drivers, and opportunities, enabling readers to understand the market dynamics. It also provides a detailed analysis of industry developments and trends that are shaping the global Airport Robots market. Furthermore, the report includes a thorough assessment of the market at both global and regional levels, providing comprehensive insights for businesses and stakeholders.
The global airport robots market was calculated at $564.15 million in 2020 and is forecast to grow at a CAGR of 17% during the forecast period from 2021 to 2027.
The airport robots market covers various types of robots, been used to perform different jobs. For instance, Guide robots at Incheon International Airport (South Korea), disinfectant robots at Heathrow Airport (London), cleaning robot Neo in CVG Airport (U.S.), and Jomo Kenyatta International Airport (Kenya), are a few of the robots set up to help the staff. These robots are developed to manage different operations in an airport.
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With the advancement of technology, various robots are being built to communicate with passengers and boost productivity in work at airports. Robots are programmed in a way to lengthen the knowledge with the help of machine learning technologies when needed.In addition to handling more accurate and timely information, robots can provide significant operational gains that are much harder to achieve manually.
Factors Affecting Market
The global airport robots market will continue to grow in the upcoming years with a rise in the number of passengers traveling internationally. The increasing numbers of passengers could lead to the growth of robotic technologies, which is a convenient way of maintaining security standards, performing health checks, cleaning, and carrying out other tasks. According to the Heathrow airport data, in London, around 81 million passengers traveled from the airport, in 2019, marking the 9th consecutive year of significant growth. Thus, the growth of the global airport robots can be driven by the growing number of passengers during the forecast time.
The need for Taxi Boats is anticipated to increase because of the fuel-saving advantages it offers. Aircraft have to drive twice from the taxiway vice versa which results in excess fuel consumption. Thus, Taxi boats help airlines reduce the significant amountof their self-driving aircraft tractors properties. Indira Gandhi International (IGI) Airport, located in Delhi, India, became the first airport to record 1,000 taxi bot movements with the registered reduction of about 532 tons of carbon and 214,000 liters of aviation fuel usage. Thus, the forecast time frame could witness the growth of the global airport robots market with Taxi Boats.
Even though robots can conveniently perform several tasks at once, their high costs can hamper the growth of the market. The floor scrubbing robot Neo by Avidbots Corp. values around $50,000 whereas the Urumuri robot by Zora Bots costs around $30,000. The expensive value of these machines can inhibit the market from growth.
Covid-19 Impact
The COVID-19 pandemic collapsed the air traffic figures owing to the lockdown imposed in several countries. It created an enormous downfall in the number of travelers, thus hampering the overall growth of the global airport robots’ market.
Besides that, the unavailability of parts obstructed the entire manufacturing process. COVID-19 is proven unfavorable to the global airport robots market with the delay in activities that impacted the development globally.
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Regional Analysis
Asia-Pacific is expected to hold the maximum share in the forecast period.
The global airport robots market is likely to rise in the Asia-Pacific region during the forecast period. Owing to the enormous electronic and automobile manufacturing industries, countries like China and South Korea are rapidly adopting robotics.
As there is a decline in the workforce in the region, government organizations are planning to prepare robots for the work. The Housing Development Board (Singapore) may use autonomous drones and other robots to classify the sections of public housing blocks that require cleaning.
Key Market Segments
By End-User
- Airport Security
- Boarding Pass Scanning
- Airport Baggage System
- Passenger Guidance
- Others
By Application
- Landside
- Terminal
By Type
- Humanoid
- Non-Humanoid
By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
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Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Key Players
- Asea Brown BoveriLtd.
- Avidbots Corp.
- Cyberdyne Inc.
- ECA Group
- Lucky-GoldstarElectronics Inc.
- SITA(Societe Internationale de TelecommunicationsAeronautiques)
- SoftBank Corp.
- Stanley Robotics
- UVD Robots(UV Disinfection Robots)
- YUJIN Robot Co., Ltd.
Table of Content
Chapter 1: Global Airport Robots Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Airport Robots market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Airport Robots Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Airport Robots market Size Forecast (2023-2031).
Airport Robots Market Research Report Scenario includes:
>The report provides qualitative and quantitative trends of global Airport Robots Market across type, type of products, service, and geography.
>The report starts with the key takeaways, highlighting the key trends and outlook of the global Airport Robots Market.
>Provides the research methodology of the study.
>Further provides PEST analysis for each region.
>Highlights the key industry dynamics in the Airport Robots Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
>Discusses the global Airport Robots Market scenario, in terms of historical market revenues, and forecast till the year 2031.
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