Wednesday 20 July 2016

Global Airport E-gates Market to grow at a CAGR of 19.91% during the period 2016 - 2020; Finds New Report

Global Airport E-Gates Market 2016 - 2020

Report forecast the global airport e-gates market to grow at a CAGR of 19.91% during the period 2016-2020.

Airport e-gates are replacing the manual verification and validation at the arrival and departure terminals. Manual checking could lead to human errors, resulting in the bypassing of a potential threat. This also leads to long waiting queues in the airport, which, in turn, lead to dissatisfied customers.

E-gates in airports are meant to ensure smooth flow of passengers at the immigration counters. It reduces the processing time per passenger approximately by 10-12 seconds. As e-gates provide a variety of self-service options including the identity check of passengers, security personnel can dedicate their time to reduce the chances of illegal border crossing activities.

The report covers the present scenario and the growth prospects of the global airport e-gates market for 2016-2020. The market size is calculated based on the revenue generated from the sales of e-gate deployments at airports worldwide. The scope excludes the services and installations, maintenances, and after-sale services.

The market is divided into the following segments based on geography:
  • Americas
  • Europe and Middle East
  • APAC

According to the report, Fast Travel Program by IATA is a key driver for this market. Long queues at the arrival and departure terminals to complete the verification process are a common sight in airports. It is estimated by IATA that over 50% of passengers worldwide prefer more self-service options to speed up the verification procedures. Apart from reducing the delay in process points, IATA's Fast Travel Program enables annual savings of around $2.1 billion for the aviation industry as it cuts down on personnel training and hiring of personnel for security check.

Further, the report states that space constraints in airports is a challenge to market growth. Space constraints in airports are likely to become an increasing concern for the deployment of e-gates worldwide. This is expected to become an increasingly important issue particularly because the Transportation Security Administration (TSA), an agency of the US Department of Homeland Security, is seeking to reconfigure checkpoints during the forecast period to accommodate new screening technologies.

Global Airport E-gates Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global airport e-gates market: Gemalto, NEC, Safran, and Vision-Box.

Other Prominent Vendors in the market are: AOptix, Atos, Automatic Systems, Ayonix, eGate Solutions, and SITA.

Market driver
  • Fast Travel Program by IATA
  • For a full, detailed list, view our report

Market challenge
  • Space constraints in airports
  • For a full, detailed list, view our report

Market trend
  • Emergence of multimodal biometrics
  • For a full, detailed list, view our report

Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 60 pages and 28 Exhibit Global Airport E-Gates Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Working of airport e-gates, Introduction, E-gates and smart gates, E-gates by major vendors, Market size and forecast, Geographical segmentation, Buying criteria, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Five forces analysis, Vendor landscape, Key vendor profiles, Assumptions, Appendix.

For more information Visit at: http://mrr.cm/JEf

Find all Air Transport reports at : http://www.marketresearchreports.com/air-transport

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