Airport Robots Industry Value Reaches USD 3000 Million by 2033, Driven by the increasing need for autonomous robots for airport passenger services during the forecast,2023-2033

PRESS RELEASE
Published April 25, 2023

According to the report, the global Airport Robots market is expected to grow from $700 Million in 2022, which is expected to reach $3000 Million by 2033, growing at a CAGR of 22.1% from 2023 to 2033.The market for airport robotics consists of many robots kinds that can manage various tasks in an airport. Robots that have been installed in several airports—such as the cleaning robot Neo at CVG Airport in the United States, the disinfectant robots at Heathrow Airport in London, the guide robots at Incheon International Airport in South Korea, and the disinfectant robots at Jomo Kenyatta International Airport in Kenya—are helping the ground staff provide services at the airports.

The need for autonomous robots for airport passenger services and security applications increased globally, according to the robot industry. These robots support airport staff in interacting with travelers and offering assistance. A further benefit of robot facial recognition technology is that it facilitates contactless boarding at airports. Additionally, the authority of the airport for developed and developing nations is testing the use of robots to offer information, guidance, and entertainment to travelers.Additionally, cleaning, security, and baggage loading and unloading services are offered by airport robots. Future growth of the sector is being driven by the expanding usage of robots at airports across the world. A better customer experience will be achieved in the next years when high-technology robots are adopted to enhance airport services.

 

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Key Highlights:

  • The global Airport Robots Market size was valued at USD 700Millionin 2022 growing at a CAGR of 22.1% from 2023 to 2033.
  • North America dominated the market in 2022
  • Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

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The purpose of global market analysis is to provide businesses with insights and information that can help them make informed decisions about product development, marketing strategies, investment opportunities, and risk management. This analysis can be conducted using a range of tools and techniques, including statistical analysis, market research surveys, and trend analysis.

The New Normal

The COVID-19 pandemic has had a significant impact on the airport robot market. With travel restrictions and reduced air traffic, the demand for airport robots has decreased, resulting in a decline in sales and revenues for the industry.At the same time, the pandemic has also highlighted the need for automation and contactless solutions in airports to reduce the risk of virus transmission. As a result, airport authorities are increasingly considering the deployment of robots to perform tasks such as cleaning, sanitizing, and security screening.The use of robots in airports has already been on the rise in recent years, and the pandemic has accelerated this trend. For example, robots have been used in some airports to clean and disinfect high-touch surfaces, such as check-in counters, security trays, and elevator buttons. They have also been used for passenger screening, such as thermal imaging to detect elevated body temperatures.

In terms of COVID-19 impact, the Airport Robots market report also includes the following data points:

  • COVID-19 Impact on Airport Robots market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in Airport Robotsmarket

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Key Players

Some of the major Airport Robots players holding high market share include LG Electronics, Stanley Robotics, Cyberdyne, Softbank.These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:

  • LG Electronics
  • Stanley Robotics
  • Cyberdyne
  • Softbank
  • ABB
  • SITA
  • YUJIN ROBOT Co., Ltd.
  • Universal Robots A/S
  • ECA GROUP
  • Avidbots Corp
  • Cyberdyne Inc

Segmental Analysis

Market Segment ByApplicationwith focus on market share, consumption trend, and growth rate of Airport Robots Market:

  • Landside
  • Terminal

Based on Application,the terminal segment currently holds the largest market share as airport robots are used to assist passengers in various activities such as check-in, baggage handling, security screening, and wayfinding. They can also provide information and answer questions related to flight schedules, boarding gates, and other airport services.

Global Airport Robots Geographic Coverage:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of MEA
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

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  • Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.

Overall, Airport Robots market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.

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