Global Airport Asset Tracking Market: Share, Size, Growth, Opportunity and Forecast 2022-2028

 

Airport Asset Tracking Market
Airport Asset Tracking Market


A tracking system for airport assets makes it possible to keep tabs on facilities including machine shops, workshops, and storage areas. Asset monitoring software maintains a history of maintenance work, tracks its location, and provides a clear picture of airport operations. A software called an asset tracking system gathers data based on asset performance to determine whether the assets are operating as intended. When compared to human labor, the airport's asset tracking software system performs its tasks more effectively. RFID (Radio-frequency identification), BLE (Bluetooth low energy), GPS (Global Positioning System), and IoT are a few examples of technologies that can give real-time tracking for assets (Internet of Things). For instance, asset tracking uses radio-frequency identification.

The Airport Asset Tracking Market is served by a variety of different types of players, from specialists who are solely focused on tracking and management solutions for particular airport assets to businesses that provide a more comprehensive range of solutions for the aviation industry to more general telematics players that also serve other industries. For airport asset tracking solutions, the analyst rates Undagrid (GSEtrack), Quantum Aviation Solutions, Resonate MP4 (XOPS), and ADVEEZ as the top four vendors based on installed bases. Each of Undagrid's and Quantum's installed bases has more than 10,000 operational units.

Leading Airport Asset Tracking Market solutions, according to Mind Commerce, concentrate more on an asset's value to a company or a government agency than on the asset's actual book value. To give one example, tripod jacks, service stairs, and dollies are just a few of the many medium-value assets used in ground support operations for airplanes. Typically, an aircraft chock costs under $100 per unit and is used to hold a plane steady on the ground to prevent rolling before push-back. When it comes to safety, Airport Asset Tracking Market, and on-time performance, some of these assets have high book value, while other items and equipment have lower individual values but are nevertheless essential to the goal.

Key Players

Global airport asset monitoring market leaders include Litum, Steerpath Ltd., TracLogik, Undagrid B.V., Targa Telematics S.p.A., GeotabInc., indoo.rs GmbH, Tri-Logical Technologies Ltd., Unilode Aviation Solutions, Radiant RFID and LLC.

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