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Airport Robot Market Trends

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Report ID: 3698
Published Date: Aug 23, 2024
Report Format: PDF, PPT

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Airport Robot Market Trends

Growth Drivers

Growing Adoption of Automation and Robotics
Increasing Number of Airports

Challenges

High Capital Investment
High Cost of Maintaining Airport Robots

Airport Robots Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	16.3%
Base Year Market Size (2023)	USD 1.12 billion
Forecast Year Market Size (2036)	USD 7.98 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Airport Robots Market Size & Share, Growth Analysis 2036

Author Credits: Abhishek Verma

Report ID: 3698
Published Date: Aug 23, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of airport robots is evaluated at USD 1.27 billion.

Airport Robots Market size was over USD 1.12 billion in 2023 and is poised to cross USD 7.98 billion by 2036, growing at more than 16.3% CAGR during the forecast period i.e., between 2024-2036. The growing passenger footfall in airports, and growing adoption of robots will boost the market growth.

Europe industry is predicted to hold largest revenue share by 2036, on account of increasing number of international and domestic airports, along with high passenger footfall.

The major players in the market are Avidbots Corp., ECA GROU, Universal Robots A/S, SoftBank Group Corp., Yujin Robot Co., Ltd., Stanley Robotics, ABB Ltd., SITA, and others.

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