Airport Robots Market Size, Trends and Growth Analysis by 2027

The global market for airport robots is projected to expand significantly, increasing from US$ 512.56 million in 2021 to an impressive US$ 2,108.29 million by 2028. This growth trajectory indicates a robust compound annual growth rate (CAGR) of 22.4% from 2021 through 2028.

Airport robots can be categorized into humanoid and non-humanoid types, serving various functions such as assisting passengers, managing valet parking, handling luggage, ensuring security, scanning boarding passes, performing cleaning tasks, and delivering food. These robots are equipped with an array of technologies, including cameras, sensors, speakers, microphones, and various attachments, enabling them to communicate with travelers in multiple languages.

The surge in the airport robots market can be attributed to the heightened focus on security measures within airports. Nevertheless, the substantial cost associated with these robotic systems poses a challenge to their widespread adoption, particularly in smaller airports located in developing or underdeveloped regions. Concurrently, the global increase in air travel, driven by both business and leisure activities, has led to a rise in passenger numbers. In response to the growing traffic, airport authorities are making significant investments in advanced technologies, including robotics, to enhance operational efficiency. A survey by Air Transport IT Insights revealed that approximately 32% of airports worldwide support the idea of increasing the use of robotics in their operations, further propelling the growth of the airport robots market.

Effects of the COVID-19 Pandemic on the Airport Robots Market

The COVID-19 pandemic and the resulting containment measures had a slight impact on the airport robots market in 2020, causing temporary disruptions in manufacturing activities. However, as manufacturing processes began to resume in the third quarter of 2020, the demand for airport robots started to recover, allowing manufacturers to stabilize their revenue and cash flow.

The overall size of the airport robots market has been determined through a combination of primary and secondary research methodologies. The research process commenced with extensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data relevant to the market. This approach not only aids in providing an overview and forecast for the airport robots market across various segments but also offers insights into the market's performance across five key regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

In addition to secondary research, primary interviews were conducted with industry stakeholders and experts to validate the data and gain deeper analytical insights. Participants in this process typically include industry professionals such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the airport robots sector.

Key players in the global airport robots market include notable companies such as YUJIN ROBOT Co., Ltd., Avidbots Corp., Cyberdyne Inc., SoftBank Robotics, Stanley Robotics SAS, SITA, ABB Ltd., ECA Group, LG Electronics, and UVD Robots.

In conclusion, the airport robots market is on a promising growth path, driven by the increasing need for enhanced security and operational efficiency in airports. Despite challenges such as high costs, the ongoing rise in air travel and the adoption of advanced technologies are expected to foster further development in this sector.