In terms of Airport Class, Class I segment to Dominate North America Ground Handling Software Market during 2020–2027
According to our new market research study on “North America Ground Handling Software Market to 2027 – Regional Analysis and Forecast by Airport Class, Application, and Software Type,” the market is expected to reach US$ 471.1 Mn by 2027 from US$ 378.70 Mn in 2019; it is estimated to grow at a CAGR of 3.0% from 2020 to 2027. The regular rising passenger footfall in every airport across the North America is pressurizing the airports, airlines, and ground handling companies to adopt robust IT infrastructure in order to cater to the passenger demands with ease and efficiently. The rise in number of passenger count is reflecting a rise in the number of aircraft fleet in different regions, which is showcasing escalation in airside operations, which is generating substantial demand for airside ground handling software market. Also, the security management teams are also monetizing towards advanced software solutions in order to administer better at the airport areas, which is again triggering the demand for the ground handling software.
The Ground Handling Software market, by Airport Class, is segmented into Class I, Class II, Class III, Class IV. The airports classified as Class I airports are capable of serving scheduled and unscheduled large aircraft fleet (passenger count at least or more than 31) and scheduled small aircraft fleet (passenger capacity ranging from 9 to 31). The number of Class I airports are strongly growing across the North America, creating substantial demand for advanced technologies in order to facilitate the passengers and aircraft fleet with robust solutions.
The US is the worst-hit country in North America, with thousands of infected individuals facing severe health conditions across the country. The continuous growth of infected individuals has led the government to impose lockdown across the nation’s borders. The airport closure for regular passengers has led the airports to experience deflation in revenue. The adoption rate of technological adoption among US airports is decent, and owing to the closure of airports, the demand has shrunken to a drastic level. This is showcasing a negative effect on the ground handling software market.
Damarel System International Ltd, Inform GmbH, Quantum Aviation Solution, SITA, are among the leading companies in the North America Ground Handling Software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Damarel Installed L-DCS at the three busiest airports in Cambodia, to help airports and ground handlers manage this phenomenal growth and also lower passenger processing costs, improve On Time Performance (OTP), and reduce training overheads.
North America: Ground Handling SoftwareMarket, By Country, 2019 and 2027
