Airport e-gates: Key market research findings
- The Americas dominates the market
- Introduction of IATA’s Fast Travel Program spurs market growth
- Key vendors – Gemalto, NEC, Safran, and Vision-Box
Technavio’s market research analysts predict the global airport e-gates market to grow at a CAGR of around 18% between 2016 and 2020. The growth of the market is spurred by the reduced passenger processing time that airport e-gates bring about. E-gates help optimize processes at airports and reduce the customer processing time by 10-12 seconds. This allows airlines to keep up with the arrival and departure schedules. During 2015, the Americas accounted for almost 37% of the overall market space to dominate the global airport e-gates market. The growing adoption of e-gates across numerous airports in the region is expected to fuel growth in the airport e-gates market in the Americas during the forecast period.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Currently, the market is witnessing the emergence of multimodal biometrics. Multimodal biometrics include the combination of two or more biometric technologies for verification. These biometric systems are being widely adopted for applications such as border control as they are accurate, reliable, and secure. Furthermore, some multimodal biometrics are available with both fingerprint and finger vein recognition technology in a single device,” says Amrita Choudhury, Lead Analyst, ICT, Technavio Research.
The International Air Transport Association’s (IATA’s) Fast Travel Program plays a vital role in the growing adoption of airport e-gates. Apart from reducing the delay in process points, this program enables annual savings of more than $2 billion for the aviation industry as it cuts down on personnel training and hiring of personnel for security check. IATA’s Fast Travel Program provides self-service options in areas such as check-in, bags ready-to-go, document check, flight rebooking, self-boarding, and bag recovery.
The key vendors in the global airport e-gates market include Gemalto, NEC, Safran, and Vision-Box. The market is characterized by the presence of a number of established international vendors. The market witnesses constant competition with the major vendors offering new biometric technologies such as contactless biometrics and acoustic characteristics to secure contracts. Moreover, vendors are constantly increasing their investments in R&D to develop next-generation ABC (automated border control) gates to provide more compact and user-friendly gates to the passengers.
A more detailed analysis is available in the Technavio report, Global Airport e-gates Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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