This new report from Stratview Research analyses the Ground Handling Software Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Ground Handling Software Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Ground Handling Software Market is no different. Derived from the previous market scenario, the Ground Handling Software Market is likely to witness an impressive CAGR of 5.2% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
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Market Share Analysis
Ground Handling Software Market Share: By Airport Class Type
Based on the airport class type, the market is segmented as Class A airport, Class B airport, Class C airport, and others. The Class C segment is estimated to register the highest growth during the forecast period, driven by the increasing investments done by airport authorities in the ground handling software market.
Ground Handling Software Market Share: By Application Type
Based on the application type, the market is segmented as terminal side, air side, and land side. The terminal side segment is estimated to depict the highest growth in the coming five years. This growth of the segment can be attributed to the practice that a vast majority of the software related processes are conducted at the terminal side to simplify operations, such as baggage handling, passenger check-in, and passenger security, among others.
Ground Handling Software Market Share: By Software Type
Based on the software type, the market is segmented as passenger boarding & departure control, baggage management, flight information display, resource management, security management, automated cargo & load control, GSE Tracking (Telemetry), ramp management, transport management, and others. The passenger boarding & departure control software segment dominated the market in 2018, and is estimated to continue its dominance during the forecast period as well. The growth of the segment can be attributed to the rise in air passenger traffic, which is fueling the demand for passenger boarding & departure control software.
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Ground Handling Software Market Share: By Investment Type
Based on the investment type, the market is segmented as greenfield and brownfield. The green field segment is estimated to register a higher growth during the forecast period, driven by the growing investments in the construction of new airport infrastructures.
Ground Handling Software Market Share: By Region
In terms of regions, Asia-Pacific is estimated to witness the highest growth in the ground handling software market during the forecast period. China and India are the growth engines of the region. In addition, many emerging countries, such as Chile, Argentina, and Brazil, among others are enormously investing towards the development of IT infrastructure at their existing airports, which is a major grow driver of the market. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Ground Handling Software Market: Key Players
Some of the major players in the ground handling software market are-
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