Airport Charging Stations Market Size, Share, Growth, and Industry Analysis by Type (Floor-Standing Type, Embedded Type, Wall-Mounted Type‎), by Application (Laptop, Mobile Phone, Other), Regional Insights and Forecast To 2032

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AIRPORT CHARGING STATIONS MARKET REPORT OVERVIEW

global airport charging stations market size was USD 0.17 billion in 2023 and market is projected to touch USD 0.42 billion by 2032 at CAGR 10.8% during the forecast period.

Airport charging station is used for charging batteries of the convenient devices such as smart phone, laptop, cameras, and others. Growing practise of internet for running apps on smartphone devices, execution of several business-related happenings such as electronic mail, calls, sharing of data over the portable which necessitate extended battery lifespan. Charging station permits operator to charge their devices, in order to avoid disruption while executing any happenings on it. Growing air passenger traffic is anticipated to be one of the foremost reasons prominent to high demand for new airport construction. Growing international air traveller traffic has enforced government agencies around the world to make ample investments in growing the transportation networks so as to meet the great volume of visitors, which in turn requires construction of new airports.

Governments play a substantial role in the positioning of airport charging stations. They may pass guidelines or deliver inducements to encourage the fixing of these stations. Moreover, civil constancy and government support for viable initiatives can influence the implementation of charging stations at airports. Participants are fixing their efforts on encouraging R&D. Technological development are supporting the regional market growth. Manufacturers need to stay updated with changing market trends and develop products that meet growing consumer needs. Companies coming up with progressive technological solutions for firming their positions.

COVID-19 Impact:Pandemic Hampered The Market Due To Unexpected Disruption In The Sector

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

COVID- 19 pandemic has extremely affected the whole world. It caused many unexpected disruption and affected the industry. COVID- 19 had negative impact on the market due to economic slowdown, unpredictability in financial sector and high unstable market. The pandemic resulted in decreased demand due to a disrupted supply chain, drop in sales of products, delivery schedules. Travel bans imposed affected business collaboration and partnership. Demand had recently reduced due to travel bans and lockdown during the COVID-19 pandemic. The continuous loss in the business due to the lockdown measures is projected to directly influence the growth of the investments in the market.

LATEST TRENDS

"Use Of Innovative Products To Boost The Market Growth "

Technological improvement and development will further enhance the presentation of the product, allowing it to obtain a varied range of requests in the market. Technological advancement will improve performance and propel the market growth. Technological advancement with high demand are increasingly setting a force to increase the productivity. Some players focus on product improvement to meet consumer requirements and likings. Constant innovation in manufacturing of products is anticipated to stimulate product demand.

AIRPORT CHARGING STATIONS MARKET SEGMENTATION

By Type

According to type, the market can be segmented into floor-standing type, embedded type, wall-mounted type

Floor-standing type will capture the maximum market share through forecast period.

• Floor-standing type: It frequently comprises of two cable storage boxes on either side of the stand and one box at the top which grasps an adapter for laptops or other devices to connect with. Floor-standing charging stations offer suppleness in placement and can put up multiple charging ports to function a higher number of travellers in chorus.

• Embedded type: They are planned to merger effortlessly with the airport atmosphere, posing a discreet and space-saving charging result. Embedded charging stations may be favoured in airports with limited space or those pointing for a minimalist appealing.

• Wall-mounted type: Wall-mounted charging stations are appropriate for airports observing to enhance space consumption and deliver suitable charging options deprived of mess up floor areas.

By Application

According to application, the market can be segmented into laptop, mobile phone, other

Airport charging stations market players cover segment as mobile phone will dominate the market share during forecast period.

• Laptop: Airport charging stations come with diverse connectors that can be used to charge different types of laptops. Charging stations furnished with ports well-suited with laptops supply to travellers who requisite to charge their convenient computers before or during their flights.

• Mobile phone: Charging stations for airports are vital in order to safeguard that travellers’ mobile phones stay connected.These stations are in great demand due to the extensive use of smartphones among travellers for communication, amusement, and output.

• Other: This category incorporates charging stations that upkeep other electric devices such as tabs, e-readers, handy gaming comforts, and wearable devices.

DRIVING FACTORS

"Increasing Use Of Smartphone To Boost The Market Growth"

Increasing use of the internet for mobile phone apps such as emails and sharing data over the apps involve a longer battery life. This has propelled the installation of the airport charging stations to cater to the passengers’ convenience and needs and allow them to continue working without interruptions. The airport charging stations are installed with the purpose to cater to the convenience of the passengers, and the demand for these stations has seen an increase due to the widespread use of smartphones and devices.

"Technological Advancement and Innovation To Upsurge The Market"

Technological advancements and innovation activate unique revenue augmenting opportunity which will upsurge the airport charging stations market growth. Growing investment in research and development activities and growing awareness about benefits are expected to deliver profitable opportunities for the market. The airport charging stations have experienced immense improvements in technology and set up due to the augmented threat of attacks and statistics robberies. Improved charging abilities and expediency features appeal to both passengers and airport workers.

RESTRAINING FACTOR

"Lack of Uniform Charging Infrastructure To Hamper The Market Growth"

Lack of uniform charging infrastructure across airports can generate compatibility concerns for travellers. Altered airports may have diverse charging standards or connector varieties creating it awkward for passengers to find well-suited charging stations for their devices. Technical difficulties will reduce the industry revenue.

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AIRPORT CHARGING STATIONS MARKET REGIONAL INSIGHTS

"Asia Pacific to Dominate the Region Due To Growing Air Commuter’s Transportation"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East and Africa.

Asia Pacific is further expected to witness growth in the airport charging stations market share. The region is dominating the market due to growing air commuter’s transportation. The rising inhabitants and increasing income levels are also contributing to the development of the market. Upsurge in investments by key market players for the R&D undertakings and enlargement of their production abilities and product portfolios are projected to upsurge the growth. The expansion of regional market is being aided by technological developments.

KEY INDUSTRY PLAYERS

"Key Players Focus On Partnerships To Gain Competitive Advantage"

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and increasing market share by merger, partnerships and others. Key players are motivated to introduce new innovative products. They are spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market. The market changes are dynamic such as market expansion, partnership and merger. The collective efforts of these major players expressively impact the competitive landscape and future path of the market.

List of Top Airport Charging Stations Companies

• Hangzhou Qianna (China)
• Winnsen Industry (China)
• Zoeftig (U.K.)
• True Blue Power (U.S.)
• Oriental Kaier (China)

INDUSTRIAL DEVELOPMENT

March 2023: At Passenger Terminal Expo, Zoeftig has launched curved nodes as part of its versatile, modular seating system Vista.

REPORT COVERAGE

The report provides scrutiny and information according to market sectors. Business overview, financial overview, product portfolio, new project launch, recent development enquiry are the factors included in the profile. The report incorporates completely examined and appraised evidence of the noticeable players and their position in the market by methods for various descriptive tools. The report covers national and regional level market size and forecast. The report gives businesses the facility to research new prospect in many areas. The report shows to be an operational tool that players can use to gain a competitive superiority over their opponents and ensure lasting achievement in the market.