Market for automatic boarding gates is projected to grow to $132.8 million by 2032

From GlobeNewswire: 2024-09-25 10:35:00

Allied Market Research released a report on the Automatic Boarding Gates Market, forecasting a growth from $85.1 million in 2023 to $132.8 million by 2032. The market is driven by rising air passenger traffic, technological advancements in biometrics and RFID, and the push for contactless solutions due to health concerns.

The report covers the forecast period 2024-2032, with Europe leading in market share in 2023. However, Asia-Pacific is expected to grow faster due to increasing air passenger traffic and investments in airport infrastructure. The airport segment is projected to experience rapid growth, driven by the need for enhanced security and efficient boarding processes.

Collins Aerospace and Kaba are key players in the market. The biometrics segment is expected to grow rapidly due to advancements in technology and increasing adoption by airports. The multiple unit gates segment is anticipated to exhibit the fastest growth, offering higher passenger throughput and enhanced security features essential for accommodating rising passenger volumes.



Read more at GlobeNewswire: Automatic Boarding Gates Market to Reach $132.8 Million,