What Happened
Thales Leads as North America Dominates Growing Sector
The smart airport market is expected to surpass $18 billion by 2030, driven by advancements in digital infrastructure and growing passenger demands. Thales Group leads the market with a 5% share, followed by Honeywell International Inc. and RTX Corporation. North America is forecasted to dominate the market, reaching a value of $6.1 billion by 2030. The market’s growth is attributed to the adoption of artificial intelligence, big data analytics, and the increasing need for efficient and secure airport operations. This information was reported by The Business Research Company.