Prior to the COVID-19 pandemic, high passenger traffic was constraining airports, leading them to look for efficiency solutions to increase throughput. According to the International Air Transport Association (IATA), the number of air passengers in Asia-Pacific was expected to grow 4.7% annually, compared to 3% worldwide. This massive volume of passengers in airports of all sizes required passenger processing systems to increase efficiency and throughput, and postponed much-needed terminal expansion or addition. Even so, plans for 228 new airports were underway in Asia-Pacific; these projects prioritized automated systems as well.
The staggering effect of COVID-19 on passenger air travel and airport operations is that it will be years before airports reach passenger volumes, revenue, or liquidity they enjoyed in 2019. That said, the virus has given rise to the need for more advanced automation solutions. Future travelers will be more conscious of unnecessary interaction, favoring automated solutions. Cost-saving will offer airports the impetus to invest in automation solutions once budgets are replenished, though that will take a few years.
In a field of dozens of global industry participants, Frost & Sullivan independently plotted the top 10 companies in this Frost Radar™ analysis; it covers SITA, ICM (Amadeus), Materna IPS, Daifuku-Scarabee, ARINC, Embross, Easier, ADB SAFEGATE, RESA, and Vision-Box.
Strategic Imperative
Growth Environment
Frost Radar™: APAC Airport Automation
Frost Radar™: Competitive Environment
Frost Radar™: Competitive Environment (continued)
ADB SAFEGATE
ARINC
Daifuku/Scarabee
Easier
Embross
Amadeus/ICM
Materna IPS
RESA
SITA
Vision-Box
Strategic Insights
Significance of Being on the Frost Radar™
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Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
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Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
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Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
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Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Georgia Edell |
| Industries | Aerospace, Defence and Security |
| WIP Number | PAEC-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9000-A1 |
Frost Radar™: APAC Airport Automation, 2020
Benchmarking Future Growth Potential
25-Jun-2020
Asia Pacific
Frost Radar
