Europe Airport Robots Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application

Europe Airport Robots Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application

  • August 2021 •
  • 102 pages •
  • Report ID: 6134265 •
  • Format: PDF
The Europe airport robots market is expected to grow from US$ 124.48 million in 2021 to US$ 477.23 million by 2028; it is estimated to grow at a CAGR of 21.2% from 2021 to 2028.

Increasing construction of new airports and exigency for robust airport security is expected to fuel the market growth.With the rise in real and perceived threats to national security, continuous efforts are being taken to come up with innovative active interrogation approaches to identify these threats.

The most instant perceived threats and their essential materials comprise conventional explosives, weapons, chemical agents, and contraband.With an intent to prevent uncertain events, authorities across the region are actively focusing on the deployment of advanced systems, including robots, to strengthen security at airports.

The robots used for security applications at airports are integrated with features such as facial recognition systems, sensors, and cameras to measure pulse rate remotely, which allows them to detect suspicious persons, currencies, weapons and explosives, abandoned objects, and other illicit material without disturbing the operations or flow of passengers at airports.Further, the governments of various countries are investing in the development of their transport infrastructure, including the building of new airports.

Thus, significant contracts between airports and market players, as well as growing construction activities of new airports, are propelling the growth of the Europe airport robots market.

In the case of COVID-19, Europe, especially the UK, is highly affected.Additionally, countries such as Italy, Russia, and Spain witnessed a significant surge in cases, which led them to shut down business and manufacturing operations for a few months.

However, numerous European countries witnessed swift recovery from quarter 4 of 2020.Irrespective of the surge in the number of COVID-19 cases and shutting down of business operations for months, manufacturers had to continue the production of essential products, resuming it earlier than other businesses.

However, since traveling was banned, and airport development and expansion projects were halted, the global airport robots market was heavily impacted.Numerous airports were at risk of bankruptcy in 2021 in Europe due to the crisis caused by the travel restrictions amid the COVID-19 pandemic.

This severely impacted the number of businesses associated or involved in airport operations, including airport robots manufacturers. Further, since manufacturing facilities in the region were completely shut down for months, the manufacturers of airport robots faced several challenges related to procuring raw material and keeping up with the overall stock, among others. However, since the beginning of 2021, governments of various countries in Europe have expedited the vaccination process, and currently, the number of COVID-19 cases in the region has drastically reduced. Seeing this, the government authorities have now opened up the economy, and airports are now functional with more stringent sanitation guidelines. This has led to the increase in demand for advanced airport robots.

Based on terminal segment, the airport security and cleaning subsegment led the Europe airport robots market in 2020.Governments across the region are investing significantly in advanced technologies such as robotics to empower security infrastructure at airports.

Conventional explosives, weapons, chemical agents, and contraband are the most instant perceived threats that need to be detected at airports.The robots used in security check applications at airports are integrated with features such as facial recognition systems, sensors, and cameras that enable them to measure pulse rate remotely, which allows them to detect suspicious people and activities, with unauthorized currencies, weapons, and explosives, abandoned objects, and other illicit materials.

The security check is performed without disturbing the operations or flow of passengers at airports.Moreover, owing to the COVID-19 outbreak, airports across the region are allocating a significant amount of funds for cleaning and sanitation.

The increasing adoption of modern sanitization equipment, including robots, by airport authorities, will drive the Europe airport robots market in coming years.

The overall Europe 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 Europe airport robots market.

The process also serves the purpose of obtaining an overview and forecast for the Europe 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 Europe airport robots market. ABB Ltd.; Avidbots Corp.; CYBERDYNE INC.; ECA Group; LG Electronics; SITA; SoftBank Robotics; Stanley Robotics SAS; UVD ROBOTS; and YUJIN ROBOT Co., Ltd. are among the key players operating in the Europe airport robots market.
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