The APAC airport robots market is expected to grow from US$ 223.48 million in 2021 to US$ 970.87 million by 2028; it is estimated to grow at a CAGR of 23.3% from 2021 to 2028.
Improved sanitation programs and procedures at airports are expected to fuel the market growth in the coming years.The entire region is facing the COVID-19 crisis.
The disease spreads primarily through droplets or microdroplets released by an infected person via coughing, sneezing, or talking.Thus, sanitation has become of paramount importance at airports.
With the gradual opening of economies and relaxation of travel restrictions, airport authorities have accepted an additional responsibility of keeping the airports sanitized and clean for ensuring passenger safety and security.This has underlined the need for effective and comprehensive cleaning.
As a result, airport authorities are investing significantly in cleanliness and sanitation. In April 2020, the Hong Kong International Airport deployed autonomous cleaning robots for continuously disinfecting public areas and passenger facilities. So, the growing use of robots for the sanitization process across different airports will drive the APAC airport robots market in the coming years.
In the case of COVID-19, APAC, especially India, is highly affected.APAC constitutes the world’s two most populated countries that are also hubs for manufacturing – India and China.
China imposed strict lockdown and social isolation, which almost halted manufacturing and production for several weeks.Moreover, the country also suspended the import and export of critical raw materials and components, which disrupted the global supply chains in early 2020.
India also imposed a nationwide lockdown to keep a check on the growing COVID-19 cases across the country.As a result, lockdown and disruption of industrial activities across China and India contributed to the disruption of the supply chain of various raw materials and goods.
However, these countries had to permit the manufacturing of a few essential goods. Travelling was restricted, and several huge airport expansion and development projects were halted for months. For instance, in India, the expansion of Kolkata Airport as well as Bangalore Airport was halted, owing to the pandemic that was at its peak in mid-2020. With such halts of major projects, demand for new airport robots got skewed as well, impacting the India airport robots market. A similar trend was visible in other parts of the region. However, Indira Gandhi airport in India saw the deployment of new robots. Also, airports in Singapore observed an increase in the number of robots to help customers. Therefore, the impact of the COVID-19 pandemic on the Asia Pacific airport robots market was significant.
Based on application, the terminal segment is expected to be the fastest-growing segment during the forecast period.An airport terminal is a building at an airport where passengers arrive upon landing and depart on a flight.
Typically, terminals have several gates divided into sections known as concourses that are filled with shopping, dining, restroom, lounge, and other facilities.Passengers at terminals can purchase tickets, check-in for the scheduled flight, check or collect luggage, pass through security or customs, find connecting flights, etc.
Advantages of airport robots such as collecting the luggage of passengers, streamlining the whole process, reduction in manpower, speed, and efficiency, are expected to increase their demand in coming years, thereby driving the APAC airport robots market during the forecast period.
The overall APAC airport robots market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the APAC airport robots market.
The process also serves the purpose of obtaining an overview and forecast for the APAC airport robots market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the APAC airport robots market. ABB Ltd.; Avidbots Corp.; CYBERDYNE INC.; ECA Group; LG Electronics; SITA; SoftBank Robotics; and YUJIN ROBOT Co., Ltd. are among the key players operating in the APAC airport robots market.
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