Connect with us

Technology

Smart Airport Technologies Market to Surpass $10.7 Billion by End of 2024 – Fortifying Airport Safety Through Smart Technologies

Published

on

DUBLIN, Feb. 13, 2024 /PRNewswire/ — The “Smart Airport Technologies Market Report 2024-2034” has been added to  ResearchAndMarkets.com’s offering.

World revenue for the Smart Airport Technologies Market will surpass US$10.7 billion in 2024, with strong revenue growth through to 2034. 

Integration of Artificial Intelligence (AI) and Machine Learning (ML): Revolutionizing Smart Airport Operations

The seamless integration of AI and ML technologies represents a transformative force in the evolution of smart airports. These cutting-edge technologies empower airports with predictive analytics, facilitating operational forecasting, optimizing baggage routing, and enhancing security threat assessments. AI-driven chatbots and virtual assistants redefine the passenger experience by delivering real-time information and assistance, thereby elevating overall passenger engagement. The fusion of AI and ML not only streamlines airport processes but also ushers in a new era of intelligent, data-driven decision-making that contributes to the efficiency and effectiveness of smart airport operations.

Improved Security and Threat Detection: Fortifying Airport Safety Through Smart Technologies

With security standing as a paramount concern for airports, the adoption of smart technologies takes centre stage in fortifying threat detection and response capabilities. Advanced surveillance systems, coupled with biometric identification and AI-powered analytics, form a robust security infrastructure. Notably, smart video analytics act as a vigilant eye, capable of detecting suspicious behavior patterns. This proactive approach enables security personnel to respond swiftly and effectively to potential threats, thereby reinforcing the safety and security measures implemented at smart airports.

High Initial Investment Cost Hinder the Market Growth

One of the primary challenges impeding the growth of the smart airport technologies market is the substantial initial investment required for the implementation of advanced systems and infrastructure. The integration of cutting-edge technologies such as biometric identification systems, automated baggage handling, and state-of-the-art security and surveillance solutions demands a significant financial commitment from airport authorities and stakeholders.

The implementation of these technologies often involves not only the acquisition of expensive hardware and software but also the need for substantial modifications to existing infrastructure. For instance, the deployment of advanced passenger processing systems incorporating biometrics may necessitate the installation of specialized scanning devices, facial recognition cameras, and the development of integrated databases. These capital-intensive endeavours can strain the financial resources of airports, particularly those with limited budgets, hindering their ability to swiftly adopt smart technologies.

Key Market Dynamics

Market Driving Factors

Growing Need for Real-Time Information Driving the Market GrowthIncreasing Use of Self-Service Technologies at Airports Driving the Market GrowthIncrease in Focus on Security on Airports Driving the Market Growth

Market Restraining Factors

High Initial Investment Cost Hinder the Market GrowthLack of Trained and Experience Staff can Restrain the Market GrowthComprehension of Passenger Preferences Hinder the Market Growth

Market Opportunities

Airport Operation Optimization Through Digitalization Opportunities for the MarketEnhanced Passenger Experience and Retail RevenueThe Evolving Landscape of Smart Airport Technologies Presents Ample Opportunities for Partnership and Collaboration

Segments Covered in the Report

Market Segment by Component

HardwareSoftware

Market Segment by Size

Large AirportsMedium-Sized AirportsSmall Airports

Market Segment by End-User

Airport Authorities and OperatorsAirlinesGround HandlersRetailers and Duty-Free Operators

Market Segment by Application

Passenger ProcessingBaggage Handling and TrackingSecurity and SurveillanceAirside and Landside OperationsOther Applications

Market Segment by Technology

Biometrics and Identity ManagementInternet of Things (IoT) Devices5G Networks and ConnectivityArtificial Intelligence (AI) and Machine Learning (ML)Augmented Reality (AR) and Virtual Reality (VR)Robotics and Automation

Forecasts to 2034 and other analyses reveal commercial prospects

In addition to revenue forecasting to 2034, the new study provides you with recent results, growth rates, and market shares.You will find original analyses, with business outlooks and developments.Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising smart airport technologies prices and recent developments.

Leading companies and the potential for market growth

Cisco SystemsHoneywell InternationalHuawei TechnologiesIndra SistemasIBMLeidos HoldingsMaterna IPSNECRaytheon TechnologiesSiemensSITAThales GroupUnisysVanderlande IndustriesVision-Box Holding

The report provides you with the following knowledge:

Revenue forecasts to 2034 for Smart Airport Technologies Market, 2024 to 2034 Market, with forecasts for component, size, end-user, application, and technology, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.Revenue forecasts to 2034 for four regional and 20 key national markets – See forecasts for the Smart Airport Technologies Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Smart Airport Technologies Market, 2024 to 2034.

For more information about this report visit https://www.researchandmarkets.com/r/lxlzyh

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com 
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/smart-airport-technologies-market-to-surpass-10-7-billion-by-end-of-2024—fortifying-airport-safety-through-smart-technologies-302060578.html

SOURCE Research and Markets

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

Published

on

By

SAN FRANCISCO, April 29, 2026 /PRNewswire/ — Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate tray assembly for baked goods packing. The application places baked products, such as burger buns, chocolate chip cookies, biscotti, butter cookies, biscuits, fortune cookies, granola bars, rusks, and shortbreads into trays and packaging containers before sealing.

Watch Chef robots in action.

Baked goods packing has historically been difficult to automate for high-mix production. Each item behaves differently on the production line—a granola bar compresses under the wrong grip, while a biscotti or rusk can crack if placed at the wrong angle. Surface textures range from glazed and smooth to crumbly and irregular, and strict presentation requirements leave little room for error. This variability has made it challenging for automation systems to reliably handle baked goods at production speeds, leaving food manufacturers dependent on manual labor and traditional bakery equipment.

To address this, Chef built its baked goods packing application on its existing piece-picking capability, which uses Chef’s AI-powered computer vision and physical AI models trained across diverse real-world production environments. This allows Chef robots to assess each item’s position, shape, and orientation in real time and determine how to pick the items from the pan and place them quickly and precisely without damaging them.

The baked goods packing application supports four distinct placement capabilities.

First, Chef’s vision system detects the angle at which each item sits in the pan and reorients it after picking, placing it on the tray at the exact angle required, regardless of its original position, enabling retail-ready presentation for SKUs that require precise angular placement.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Third, for packaging containers with multiple small compartments, Chef robots can precisely place items into each designated section, including multiple items in the same compartment, using Chef’s AI vision model to detect compartment positions and orientations in real time.

Fourth, Chef’s vision system identifies the exact center of each tray and places every item at a predefined offset from that center, ensuring a uniform, consistent arrangement across every pack regardless of how trays arrive on the conveyor.

For food manufacturers evaluating bakery systems and baked goods packaging automation, the application offers higher throughput, reduced labor dependency, and consistent presentation across shifts. The capability runs on Chef’s existing robotic hardware and software, allowing manufacturers to deploy it without requiring any changes to their production lines.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

About Chef Robotics
Chef is the first company to have commercialized a scalable AI-driven food robotics solution. With over 104 million servings made in production, Chef leverages ChefOS, an AI platform for food manipulation, to offer a Robotics-as-a-Service solution that helps industry-leading food companies increase production volume and meet demand. Headquartered in San Francisco, CA, Chef aims to empower humans to do what humans do best by accelerating the advent of intelligent machines. Visit https://chefrobotics.ai to learn more.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

Continue Reading

Technology

Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

Published

on

By

SAN FRANCISCO, April 29, 2026 /PRNewswire/ — Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate tray assembly for baked goods packing. The application places baked products, such as burger buns, chocolate chip cookies, biscotti, butter cookies, biscuits, fortune cookies, granola bars, rusks, and shortbreads into trays and packaging containers before sealing.

Watch Chef robots in action.

Baked goods packing has historically been difficult to automate for high-mix production. Each item behaves differently on the production line—a granola bar compresses under the wrong grip, while a biscotti or rusk can crack if placed at the wrong angle. Surface textures range from glazed and smooth to crumbly and irregular, and strict presentation requirements leave little room for error. This variability has made it challenging for automation systems to reliably handle baked goods at production speeds, leaving food manufacturers dependent on manual labor and traditional bakery equipment.

To address this, Chef built its baked goods packing application on its existing piece-picking capability, which uses Chef’s AI-powered computer vision and physical AI models trained across diverse real-world production environments. This allows Chef robots to assess each item’s position, shape, and orientation in real time and determine how to pick the items from the pan and place them quickly and precisely without damaging them.

The baked goods packing application supports four distinct placement capabilities.

First, Chef’s vision system detects the angle at which each item sits in the pan and reorients it after picking, placing it on the tray at the exact angle required, regardless of its original position, enabling retail-ready presentation for SKUs that require precise angular placement.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Third, for packaging containers with multiple small compartments, Chef robots can precisely place items into each designated section, including multiple items in the same compartment, using Chef’s AI vision model to detect compartment positions and orientations in real time.

Fourth, Chef’s vision system identifies the exact center of each tray and places every item at a predefined offset from that center, ensuring a uniform, consistent arrangement across every pack regardless of how trays arrive on the conveyor.

For food manufacturers evaluating bakery systems and baked goods packaging automation, the application offers higher throughput, reduced labor dependency, and consistent presentation across shifts. The capability runs on Chef’s existing robotic hardware and software, allowing manufacturers to deploy it without requiring any changes to their production lines.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

About Chef Robotics
Chef is the first company to have commercialized a scalable AI-driven food robotics solution. With over 104 million servings made in production, Chef leverages ChefOS, an AI platform for food manipulation, to offer a Robotics-as-a-Service solution that helps industry-leading food companies increase production volume and meet demand. Headquartered in San Francisco, CA, Chef aims to empower humans to do what humans do best by accelerating the advent of intelligent machines. Visit https://chefrobotics.ai to learn more.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

Continue Reading

Technology

Air Products to Expand Industrial Gas Supply for Samsung Electronics’ Next-Generation Semiconductor Fab in South Korea

Published

on

By

New investment underscores the company’s long-term commitment to Korea and its leading role in the global semiconductor industry 

LEHIGH VALLEY, Pa., April 29, 2026 /PRNewswire/ — Air Products (NYSE:APD), a world-leading industrial gases company and serving Samsung globally, today announced it has been selected by Samsung to supply industrial gases for its new advanced semiconductor fab in Pyeongtaek, Gyeonggi Province, South Korea.

Under the agreement, Air Products will build, own and operate multiple state-of-the-art production facilities and a bulk specialty gas supply system to supply nitrogen, oxygen, argon, and hydrogen for Samsung’s new semiconductor fab. The new facilities are expected to come onstream in multiple phases from 2028 through 2030.

Air Products has a long track record of executing multiple phase expansions in Pyeongtaek to support Samsung’s growing manufacturing needs. This latest project represents Air Products’ largest investment to date in the semiconductor industry and will establish Pyeongtaek as the company’s single largest operations site globally supporting the electronics industry. 

“Air Products is honored to be selected once again by Samsung and to have their continued confidence as a trusted partner supporting their strategic growth plans,” said SR Kim, President, Air Products Korea. “This significant investment reinforces Air Products’ role as a leading global supplier to the semiconductor industry and underscores our long-standing commitment to supporting our strategic customers with safety, reliability, efficiency and excellent service.”

Air Products has served the global electronics industry for more than 40 years, supplying industrial gases safely and reliably to many of the world’s leading technology companies. The company has operated in Korea for more than 50 years and has established a strong position in electronics and manufacturing sectors.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world’s largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedInXFacebook or Instagram.

This release contains “forward-looking statements” within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

View original content to download multimedia:https://www.prnewswire.com/news-releases/air-products-to-expand-industrial-gas-supply-for-samsung-electronics-next-generation-semiconductor-fab-in-south-korea-302757497.html

SOURCE Air Products

Continue Reading

Trending