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DUBLIN–(BUSINESS WIRE)–The “Airport
Robots Market – Growth, Trends, and Forecast (2019 – 2024)”
report has been added to ResearchAndMarkets.com’s
offering.

The airport robots market is estimated to register a CAGR of over 15%
during the forecast period, 2019-2024.

Various airports worldwide are making use of robots that are helping
airport officials interact with passengers and provide them assistance
at the airport. Moreover, airports across the world are engaged in
conducting trials with robots, in terms of providing information,
guidance, and entertainment solutions to passengers. Additionally,
robots have also been introduced for cleaning, as well as security
services. The increasing number of robots being used in airports
worldwide is likely to drive the growth of the market in the near future.

The introduction of advanced technology robots to improve airport
services is expected to lead to enhanced customer experience, in the
years to come.

The increasing adoption of artificial intelligence, as well as chatbots,
for handling airline bookings and queries is expected to provide growth
opportunities for the market in the future.

Scope of the Report

Airport robots is a new-age concept that has been introduced in several
airports, worldwide. In the coming years, robots are set to replace
airport staff, in terms of airport operation handling. The integration
of artificial intelligence within airports may lead to robots performing
airport operations, such as airport cleaning, providing security
services, baggage handling, and may also act as passenger guidance
systems.

The market study includes the various applications of robots in valet
parking, airport security, boarding pass scanning, passenger guidance,
as well as airport baggage handling system.

Key Market Trends

Autonomous Robots are Helping the Airport Security Segment

Currently, the airport security segment has the highest share among all
the segments. Airport security is one of the biggest concerns faced by
airport officials, worldwide. The rise in terrorism worldwide has led to
airport officials taking extra precaution and being highly focused
toward airport security. In order to prevent any unwanted incidents,
airports around the world have taken a step further and have started the
testing of autonomous robots, which is expected to help security
officials provide adequate security at the airport.

Airports, such as Hamad International Airport and La Guardia Airport,
have started deploying security robots to provide the next level of
airport security. The robots come equipped with an in-built facial
recognition system, cameras, and sensors. They can measure pulse rate
remotely, and thus, detect suspicious persons, credit cards, fake
currencies, abandoned objects, and explosives, without disturbing the
passenger flow at the airport terminal.

Developments in Airport Security in Asia-Pacific, Especially China

In the airport robots market, the growth of the Asia-Pacific region is
expected to be more during the forecast period. China is one of the
fastest-growing air travel markets. According to the IATA (International
Air Transport Association), China is set to displace the United States
as the world’s largest aviation market, by mid-2020. The rebalancing of
China’s economy is likely to support strong passenger demand over the
long term.

Moreover, since 2017, Shenzhen Bao’an Airport in China is engaged in
operating Anbot, a robot programmed to carry out security checks at the
departure hall of Terminal 3. Developed by Shenzhen Public Security
Bureau and the Chinese National Defense University, the robot has been
fitted with four high-definition cameras, as well as a facial
recognition software, which can take pictures of passengers and send
them for analysis at security stations. Such developments are expected
to have a positive impact on the growth of the market.

Competitive Landscape

The airport robots market is consolidated, with only a handful of
players controlling the market. LG Electronics Inc. and Stanley Robotics
SAS are the leading players in the market. Both the companies have been
occupying leading positions in the market for a long time. The companies
have been engaged in various initiatives and product innovations, which
have led them to strengthen their presence in the market.

For example, LG Electronics Ltd reported setting trial services for a
number of airport guide robots, as well as airport cleaning robots, at
the Incheon International Airport, South Korea.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Porter’s Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Application

5.1.1 Landside

5.1.1.1 Valet Parking

5.1.2 Terminal

5.1.2.1 Airport Security

5.1.2.2 Boarding Pass Scanning

5.1.2.3 Airport Baggage System

5.1.2.4 Passenger Guidance

5.2 Geography

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and
Agreements

6.2 Vendor Market Share

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

6.4.1 LG Electronics Inc.

6.4.2 Stanley Robotics SAS

6.4.3 Cyberdyne Inc.

6.4.4 SoftBank Roobotics Group Corp.

6.4.5 ABB Ltd

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/research/qcw8tm/global_airport?w=4

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