European Airport Asset Tracking Industry to 2027 - Increasing Collaborations within Ecosystem Players Presents Opportunities

Research and Markets
·9-min read

Dublin, Nov. 27, 2020 (GLOBE NEWSWIRE) -- The "Europe Airport Asset Tracking Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Offering, and Asset Type" report has been added to ResearchAndMarkets.com's offering.

According to a new market research study on "Europe Airport Asset Tracking Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Offering and Asset Type" is expected to reach US$233.7 million by 2027 from US$88.5 million in 2019. The market is estimated to grow at a CAGR of 13.5% from 2020 to 2027. The report provides trends prevailing in the Europe airport asset tracking market along with the drivers and restraints pertaining to the market growth. Mounting air traffic due to increase in airports tally is the major factor driving the growth of the Europe airport asset tracking market. However, issues associated with developed countries depriving airport investments hinders the growth of Europe airport asset tracking market.

The Europe airport asset tracking market is segmented into offering, asset type and country. Based on offering, the Europe airport asset tracking is bifurcated into hardware and software. Hardware held the larger market share in 2019. On basis of the asset type the market is further segmented into fixed assets, portable assets and mobile assets. Mobile assets held a substantial market share throughout the forecast period.

Also the ongoing COVID-19 is having very bad impact over the Europe region. Due to the COVID-19 outbreak, Spain, Italy, Germany, UK, and France are some of the worst affected member states in the European region. Businesses in the region are facing severe economic difficulties as they had either to suspend their operations or reduce their activities in a substantial manner. Owing to business shutdown, the region is anticipated to an economic slowdown in 2020 and most likely in 2021 also. Air business is one of the important businesses in the European countries, and the outbreak of COVID-19 across the region has paralyzed the entire business. The revenue generated from airports contributes a significant share in the GDP of every European country.

However, the airports in the region are witnessing continual stall in revenues, as operations had been suspended for regular passenger flights in last few months as well as halt of airport infrastructure development in several countries. Owing to the temporary termination of airport operations (except cargo business and repatriation), the revenue generation for end users has fallen drastically, which would take a longer time to normalize. However, it is expected that, with the start of construction projects, the demand for technologically advanced systems and the software will grow. Nonetheless, the airport asset tracking market in 2020 in Europe will remain sluggish.

Abeeway; Adveez, Asset Fusion Limited, Ctrack; Geotab Inc., indoo.rs GmbH, Steerpath Oy, Targa Telematics S.p.A., TracLogik, Undagrid, Unilode Aviation Solutions are among the leading companies in the Europe airport asset tracking 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 2020, Cargolux Airlines International and Unilode Aviation Solutions announced the extension of their partnership. The agreement broadens the scope of cooperation to ensure air cargo customers have access to premium transport and handling solutions to match their requirements.

Reasons to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe airport asset tracking market

  • Highlights key business priorities in order to assist companies to realign their business strategies

  • The key findings and recommendations highlight crucial progressive industry trends in the Europe airport asset tracking market, thereby allowing players across the value chain to develop effective long-term strategies

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the airport asset tracking market, as well as those hindering it

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Key Topics Covered:

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Airport Asset Tracking Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. Europe Airport Asset Tracking Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Integrated Platform for Numerous Asset Tracking Tasks Being Widely Accepted
5.1.2 Mounting Air Traffic Due to Increase in Airports Tally
5.2 Market Restraints
5.2.1 Developed Countries Depriving Airport Investments
5.3 Market Opportunities
5.3.1 Increasing Collaborations within Ecosystem Players
5.3.2 Smart Airports Being Constructed Rapidly
5.4 Future Trends
5.4.1 Advent of Low-Power Wide-Area Networks
5.5 Impact Analysis of Drivers and Restraints

6. Airport Asset Tracking Market - Europe Analysis
6.1 Europe Airport Asset Tracking Market Overview
6.2 Europe Airport Asset Tracking Market -Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Key Players

7. Europe Airport Asset Tracking Market Analysis - By Offering
7.1 Overview
7.2 Europe Airport Asset Tracking Market, By Offering (2019 and 2027)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Airport Asset Tracking Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Airport Asset Tracking Market - Revenue and Forecast to 2027 (US$ Million)

8. Europe Airport Asset Tracking Market Analysis - By Asset Type
8.1 Overview
8.2 Europe Airport Asset Tracking Market Breakdown, by Asset Type, 2019 & 2027
8.3 Fixed Assets
8.3.1 Overview
8.3.2 Fixed Assets Market Revenue and Forecast to 2027 (US$ Million)
8.4 Portable Assets
8.4.1 Overview
8.4.2 Portable Assets Business Market Revenue and Forecast to 2027 (US$ Million)
8.5 Mobile Assets
8.5.1 Overview
8.5.2 Mobile Assets Market Revenue and Forecast to 2027 (US$ Million)

9. Europe Airport Asset Tracking Market - Country Analysis
9.1 Overview
9.1.1 Europe: Airport Asset Tracking Market, by Key Country
9.1.1.1 France: Airport Asset Tracking Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 France: Airport Asset Tracking Market, by Offering
9.1.1.1.2 France: Airport Asset Tracking Market, by Asset Type
9.1.1.2 Germany: Airport Asset Tracking Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 Germany: Airport Asset Tracking Market, by Offering
9.1.1.2.2 Germany: Airport Asset Tracking Market, by Asset Type
9.1.1.3 Italy: Airport Asset Tracking Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 Italy: Airport Asset Tracking Market, by Offering
9.1.1.3.2 Italy: Airport Asset Tracking Market, by Asset Type
9.1.1.4 UK: Airport Asset Tracking Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 UK: Airport Asset Tracking Market, by Offering
9.1.1.4.2 UK: Airport Asset Tracking Market, by Asset Type
9.1.1.5 Russia: Airport Asset Tracking Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.5.1 Russia: Airport Asset Tracking Market, by Offering
9.1.1.5.2 Russia: Airport Asset Tracking Market, by Asset Type
9.1.1.6 Rest of Europe: Airport Asset Tracking Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of Europe: Airport Asset Tracking Market, by Offering
9.1.1.6.2 Rest of Europe: Airport Asset Tracking Market, by Asset Type

10. Impact of COVID-19 on Europe Airport Asset Tracking Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic

11. Airport Asset Tracking Market-Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New Development

12. Company Profiles
12.1 Steerpath Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 TracLogik
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Undagrid B.V.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Targa Telematics S.p.A.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Geotab Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 indoo.rs GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Unilode Aviation Solutions
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Abeeway
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Adveez
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Asset Fusion Limited
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Ctrack
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments

13. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/5jj63p

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900