Market Overview:

The Global Flight Information Display Systems (FIDS) Market Is Expected To Grow At USD 4.41 Billion By 2022 And USD 6.88 Billion With CAGR Of 7.5% From 2022 To 2030.

The Flight Information Display System (FIDS) is a computer system that airports use to tell passengers about their flights. FIDS can tell you the status of flights coming in and going out, as well as where to go and what to do. FIDS is important because it gives travelers the information they need to make good decisions about their trips.

Flight information systems are mostly electronic displays at airports that show passengers information about their flights. The system is run by a computer system, and it shows information like when different flights arrive or leave in real time to make things easier for passengers.

Most flight information systems are known to be for passengers, but there are also systems that aren't for passengers that can be used for other things. Airport information systems help with finance and operations, maintenance, ground handling, security, and many other things.

On passenger display systems, people in stations or inside vehicles can see real-time visual information or information that is scheduled or stays the same. Displays give passengers quick and easy access to information about arrival and departure times, current events, safety and emergency alerts, advertisements, and fun things to read or watch. The information that is scheduled or stays the same is used to plan the trip before leaving, and it sometimes changes. During a trip, real-time data from automatic vehicle location systems are used and change all the time based on what is happening. The passenger display system also has a wide range of services, such as entertainment, news broadcasts, information on demand, emergency communication, and showing the weather forecast. These features bring in a lot of passengers, which also brings in more money.

Market Dynamics:

Market Trends:

• Development of Smart Airport for Improved Airport Operations is a Prominent Trend

Airports run more smoothly when they use advanced technologies like biometrics, artificial intelligence (AI), machine learning, and others. At the airport, people use facial recognition technology to check in, drop off their bags, and get to the boarding gate. It saves time and helps with security because the passenger's face becomes their boarding pass. Biometric projects have been started at international airports like Hong Kong, Changi, and Heathrow to speed up boarding and check-in. Also, South Korea's Incheon Airport has AI robots that help people have a good time and find out information.

Driving Factors:

• Higher Operational Efficiency along with Increased Flexibility

A Flight Management System (FMS) upgrade improves operational flexibility and reliability, increases the number of flights that can be dispatched and arrive on time, makes maintenance easier, and makes flights safer by reducing crew workload and increasing situational awareness. The FMS has full performance mission planning and navigation, storage for up to 100 Flight Plans, storage for up to 128 Waypoints, the option to keep a Global Navigation Database on a 32 GB Solid State Drive, a standard ARINC 424 Database, and interaction with current IRU/AHRS hardware.

• Rapidly Expanding Aviation Industry All over the World

The aviation industry is growing quickly, and so is the air transport industry. Also, the International Civil Aviation Organization says that in 2017, about 4.1 billion people flew on planes around the world. There was 56 million tons of freight on 37 million commercial flights. Every day, planes move more than 10 million people and about 18 billion dollars worth of goods. This shows how much of an impact aviation has had on the world economy. This is supported by the fact that aviation makes up 3.5% of the global GDP (2.7 trillion US dollars) and has created 65 million jobs around the world.

• Enhancement of Airport Services to Boost the Demand

The airport business spends a lot of money to keep service standards high and improve the passenger experience. Non-aviation businesses like shopping malls, restaurants, retail stores, and others bring in a huge amount of money. The airport display market also grows because there are more restaurants and shopping malls. Also, the airport display market is growing because navigation services for different security checks and real-time flight schedules are being added. This kind of information and navigation is easy to find on smartphones and tablets, which gives passengers a chance to interact.

Restraints/Challenges:

• High Cost Involved in Airport Up-gradation and Modernization Programs to Hinder Market Growth

The main things that slow market growth are the high costs of modernization and the rules about sharing information. Also, the error rates of the facial recognition algorithms depend on a person's race or gender. This means that some groups may have to go through extra screening more often than others. The growth of the market is slowed by the high cost of biometric devices and the need to connect many IT systems.

• Poor Infrastructure for Installing Passenger Display Systems

The passenger display system market isn't growing as fast as it could because there isn't enough advanced and up-to-date system infrastructure. In parts of Africa and Asia that aren't as developed, bad roads and transportation facilities make it harder for the market to grow. Passenger information systems are also hard to set up and use in underdeveloped countries because people don't know about them, they still use old systems, and they don't have good internet connections. This slows the growth of the global market.

Opportunities:

• Integration of Advanced Technologies

Cloud computing is being used to automate different kinds of transportation, especially trains. Cloud computing can be used by passenger information display systems on roads to track where a bus is in a certain area and predict when it will arrive, which can be shown on a real-time display at the bus stop. Increased use of cutting-edge connectivity technologies that make it easy to connect legacy equipment to the Internet of Things (IoT) and upgrade it also helps the global market grow in a big way. Cloud technology and data analytics solutions keep displays working well, allocate resources in the most cost-effective way, and keep an eye on the number of passengers. This is good for the bus management system because it lets the frequency of buses change based on how many people are waiting at each bus stop along a certain route. So, the transportation industry's increased use of new technologies like the cloud, Internet of Things (IoT), and Big Data is expected to help the global market grow during the forecast period.

• Technological Development

One of the most important things driving growth in the global airport display systems market is the creation of mobile apps that airline passengers can use at airport terminals. Passengers can use apps on devices like tablets and smartphones to turn on displays at airports. These apps can be used within a certain area. Airport display systems need to be able to connect to Bluetooth, 3G, or 4G networks so they can connect to these kinds of devices. As more people use this technology, it has become easier for them to see or check flight schedules, find their way around, and do other things. This is likely to make the global market for airport display systems grow.

Strategic Development:

• In September 2020 - The Airport Technology Research and Development Branch of the Federal Aviation Administration (FAA) signed a USD 2.4 million contract with Enterprise Engineering Services LLC (EES). The agreement covers the creation of software, system engineering, programming, the maintenance and support of databases, and the management of the ARTD Branch's research efforts.
• In June 2019 - Geneva Airport made a deal with Thales Group to get a centralized monitoring system. The system is made to collect operational data, look at it, and find any problems in real time.
• In September 2022 - Hitachi, Ltd. (TSE: 6501, "Hitachi") and Hitachi Building Systems Co., Ltd. ("Hitachi Building Systems") announced that they had created a touchless operating panel for an elevator without physical floor buttons*1 that gives users a whole new feeling.
• In September 2021 - Honeywell made a deal with SF Airlines Company, a Chinese cargo airline, to buy spare parts. Under this deal, Honeywell would provide spare parts, such as avionics and mechanical parts, for SF Airlines' fleet of Boeing 747 and 757 planes. Honeywell would also use SF's presence around the world to provide timely maintenance and other key parts to help cargo airlines run their businesses.
• In December 2020 - Leonardo joined forces with Vistair Systems, a leader in selling aviation documents and safety management solutions. Leonardo's goal with this partnership was to use Vistair's SafetyNet to collect consistent, accurate, and reliable data about events.

Key Vendors:

Top market players are

• AirIT

AirIT is a company that provides IT solutions for the air transport industry. The company has a wide range of solutions that help airports and airlines use and manage their resources better, improve the passenger experience, lower costs, and make more money.

• Damarel Systems International

The private company Damarel Systems International Ltd. At the moment, the company focuses on airlines and aviation. Its main office is in Surrey, England, Great Britain.

• NEC CORPORATION

NEC Corp. is a company that offers solutions for information and network technology. The company makes servers, equipment, and network systems for telecommunications companies, as well as ATMs, storage devices, broadcasting video systems, supercomputers, personal computers, tablet terminals, aerospace systems, fire and disaster prevention systems, and software.

• Simpleway

Simpleway Global is a private company that has been in business for 18 years. At the moment, the company focuses on Computer Software and Telecommunication Services. Petr Otoupal is the Managing Director of the company. Its main office is in Prague, the capital city of the Czech Republic.

• Gentrack

Gentrack is a technology company that designs, builds, deploys, and supports clean technology solutions for the energy, water, and airport markets. It focuses on managed services, data analytics and AI, meter data services, profitability and risk management, pricing and product management, and market operations.

• NET DISPLAY SYSTEMS

Net Display Systems gives airports all over the world reliable, high-end software for their flight information display systems (FIDS). No matter how big or small your airport is, the FIDS software from Net Display Systems gives you a top-notch way to show flight information at a reasonable price.

• Infologic

Infologic is the market leader in providing advanced, innovative, and reliable solutions to high-growth vertical industries like aviation, land transportation, and biometric security systems.

• DIGITIMES

DIGITIMES Inc. was started in 1998. It is Taiwan's best source of news about the supply chain of the global semiconductor, consumer electronics, IT, and communications industries. The company is built around the Chinese-language print newspaper DIGITIMES and the Traditional and Simplified Chinese websites that go with it. The company also has an English-language website and a research arm called DIGITIMES Research.

• Intersystems

InterSystems Corporation has solutions for technology problems. The company offers web applications, database management, information systems, information technology platforms, and other related services.

• Mvix

In 2005, Mvix USA Inc. began. The company's main business is selling computers, computer accessories, and computer software at a wholesale level.

Segmentation Analysis:

The market is segmented on the basis of type, hardware, fit, aircraft type and region.

By Type Outlook:

Based on Type, the market is split into Resource Management Systems, Flight Information Display Systems (FIDS), Passenger Processing Systems, Airport Operations Systems, Public Address Systems, Baggage Processing Systems, and Other. During the forecast period, the Resource Management Systems segment is expected to grow a lot and continue to be the most important part of the global market. It currently has the largest market share. The section lists each type of production, how much money it made, how much of the market it took up, and how fast it grew.

• Resource Management Systems
• Flight Information Display Systems (FIDS)
• Passenger Processing Systems
• Airport Operations Systems
• Public Address Systems
• Baggage Processing Systems
• Other

By Hardware:

By Hardware, the Flight Management System Market is split into Visual Display Unit (VDU), Control Display Unit (CDU), and Flight Management Computers (FMC). In 2021, the flight management computer segment of the flight management system market brought in the most money. This is a very important part of any FMS, which is why the segment is growing so quickly. The FMC is a computer that is the brain of a flight management system. It gives the pilot a single place to control navigation and monitor the plane's performance. It helps the pilot avoid a lot of accidents, which is good for the growth of the market segment.

• Flight Management Computers (FMC)
• Visual Display Unit (VDU)
• Control Display Unit (CDU)

By Fit Outlook:

The Flight Management System Market is split into Line Fit and Retrofit based on how well the system fits. In 2021, a big part of the market for flight management systems was made up of the retrofit segment. Retrofitting and upgrading systems is one of the most sought-after services in the aerospace industry. This is because planes are getting older, air travel is changing, and parts are becoming less useful. Retrofit campaigns are mostly driven by the decision of the airframers to make improvements or by an airworthiness regulation that addresses operational changes, like those required by the NextGen and Sesar programs.

• Line Fit
• Retrofit

By Aircraft Type Outlook:

Flight Management System Market is split into Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft, and Regional Transport Aircraft based on the type of aircraft. In 2021, the narrow body aircraft segment of the flight management system market brought in the most money. This segment's growth is mostly due to more people wanting to use narrow-body planes because they can be used in many different ways. A narrow-body aircraft, also called a single-aisle aircraft, is a smaller model that is often used for domestic and international flights with a short distance to travel.

• Narrow Body Aircraft
• Wide Body Aircraft
• Very Large Aircraft
• Regional Transport Aircraft

Regional Outlook:

With a revenue share of more than 35.0%, North America had the largest market for flight information display systems around the world. This growth is due to the fact that many airlines and airports use FIDS, the rate of adoption is high, and the demand for technologically advanced products is growing. During the forecast period, Europe is expected to grow a lot.
This is because more people are traveling and more people are flying in countries like Germany, Spain, and Italy. Over the next few years, Asia-Pacific is expected to grow at a healthy CAGR, thanks to factors like rising air travel in emerging economies like China and India. The demand for FIDS systems in these areas will be driven by an increase in disposable income and the growth of airport infrastructure.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Scope of Report:

Conclusion:

• The report gives a detailed look at the parent market's trends, macroeconomic indicators, and governing factors, as well as each segment's market attractiveness.
• The report also shows how different market factors affect different parts of the market and different places.
• The report looks at how markets are changing at the regional and country level. The scope also includes an overview of the competition, with company market shares and profiles for the top revenue-generating companies.