The airport hub network communication market in Europe is expected to grow from US$ 645.93 million in 2023 to US$ 907.28 million by 2028. It is estimated to grow at a CAGR of 7.0% from 2023 to 2028.
The opening of new airports leads to the expansion of airport hub network communications. Such connectivity systems help increase the exchange of information between the airport and airline authorities. All this enhances the customer experience and adds to their convenience, thereby propelling the airport hub network communication market growth.
Based on components, the Europe airport hub network communication market is segmented into solutions and services. The services segment held a larger Europe airport hub network communication market share in 2023.
Based on type, the Europe airport hub network communication market is segmented into CUTE and CUSS. The CUTE segment held a larger market share in 2023.
Based in end user, the Europe airport hub network communication market is segmented into airports and airlines. The airline segment is sub-segmented into passenger and cargo. The passenger segment held larger Europe airport hub network communication market share in 2023. The airports segment is sub-segmented into class I, class II, class III, and class IV. The class I segment held larger Europe airport hub network communication market share in 2023.
Based on connectivity, the Europe airport hub network communication market is segmented into internet and MPLS. The MPLS segment held larger Europe airport hub network communication market share in 2023.
Based on country, the market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The UK dominated the Europe airport hub network communication market share in 2023.
Honeywell International Inc; SITA Switzerland SaRl; Amazon Web Services Inc; Amadeus IT Group SA; Embross Systems Pvt Ltd; Materna IPS GmbH; Cisco Systems Inc; Telefonaktiebolaget LM Ericsson; and Collins Aerospace are the leading companies operating in the Europe airport hub network communication market in the region.
Rising Number of Airports is Fuels Europe Airport Hub Network Communication Market
Airports play a key role in facilitating the economic development of a country. They promote tourism and trade activities while generating more aviation-related businesses. The infrastructural development of airports leads to new job opportunities and business revenues, which directly or indirectly drive the country's economic development. Therefore, the governments of several countries have taken various steps to boost their aviation sectors, leading to the development of new airports.The opening of new airports leads to the expansion of airport hub network communications. Such connectivity systems help increase the exchange of information between the airport and airline authorities. All this enhances the customer experience and adds to their convenience, thereby propelling the airport hub network communication market growth.
Europe Airport Hub Network Communication Market Overview
The aviation sector in Europe is a crucial contributor to the region’s economy. According to the European Commission, the Europe air transport is expected to grow by 5% by 2030. Due to the increasing traffic, the EU Aviation policy is majorly focused on managing the traffic safely, which leads to greater flexibility and consistency in air traffic management. In addition, in 2015, European Commission adopted an Aviation Strategy for Europe, which focused on building the region’s economy, strengthening its industrial base, and increasing the air connections for its passengers between European countries and other countries. Such initiatives by the government have resulted in increased air traffic in the region. For instance, in March 2023, the Airports Council International (ACI Europe) announced that the passenger traffic in the European network of airports grew by more than 69% in January 2023 compared to January 2022. Thus, the growing aviation sector leads to increased air traffic, which increases the demand for efficient communication between the airports and airline operators, contributing to the airport hub network communication market growth in Europe.Europe Airport Hub Network Communication Market Revenue and Forecast to 2028 (US$ Million)
Europe Airport Hub Network Communication Market Segmentation
The Europe airport hub network communication market is segmented into component, types, connectivity, end user, and country.Based on components, the Europe airport hub network communication market is segmented into solutions and services. The services segment held a larger Europe airport hub network communication market share in 2023.
Based on type, the Europe airport hub network communication market is segmented into CUTE and CUSS. The CUTE segment held a larger market share in 2023.
Based in end user, the Europe airport hub network communication market is segmented into airports and airlines. The airline segment is sub-segmented into passenger and cargo. The passenger segment held larger Europe airport hub network communication market share in 2023. The airports segment is sub-segmented into class I, class II, class III, and class IV. The class I segment held larger Europe airport hub network communication market share in 2023.
Based on connectivity, the Europe airport hub network communication market is segmented into internet and MPLS. The MPLS segment held larger Europe airport hub network communication market share in 2023.
Based on country, the market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The UK dominated the Europe airport hub network communication market share in 2023.
Honeywell International Inc; SITA Switzerland SaRl; Amazon Web Services Inc; Amadeus IT Group SA; Embross Systems Pvt Ltd; Materna IPS GmbH; Cisco Systems Inc; Telefonaktiebolaget LM Ericsson; and Collins Aerospace are the leading companies operating in the Europe airport hub network communication market in the region.
Table of Contents
1. Introduction
3. Research Methodology
4. Airport Hub Network Communication Market Landscape
5. Military Drones -Europe Market Dynamics
6. Airport Hub Network Communication Market - Europe Analysis
7. Europe Airport Hub Network Communication Market Revenue and Forecast to 2028 - Component
8. Europe Airport Hub Network Communication Market Revenue and Forecast to 2028 - Platform Type
9. Airport Hub Network Communication Market Revenue and Forecast to 2028 - Connectivity Type
10. Airport Hub Network Communication Market Revenue and Forecast to 2028 - End User
11. Airport Hub Network Communication Market -Country Analysis
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figure
Companies Mentioned
- Amadeus IT Group SA
- Amazon Web Services Inc
- Cisco Systems Inc
- Collins Aerospace
- Embross Systems Pvt Ltd
- Honeywell International Inc
- Materna IPS GmbH
- SITA Switzerland SaRl
- Telefonaktiebolaget LM Ericsson
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 148 |
| Published | August 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 645.93 million |
| Forecasted Market Value ( USD | $ 907.28 million |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 9 |
