- Summary
- Table Of Content
- Methodology
Airport Charging Stations Market Size :
Airport Charging Stations Market size is estimated to reach over USD 353.07 Million by 2030 from a value of USD 152.72 Million in 2022, growing at a CAGR of 11.3% from 2023 to 2030.
Airport Charging Stations Market Scope & Overview:
An airport charging station refers to a designated area within an airport that allows passengers to recharge electronic devices including smartphones, tablets, laptops, and other portable devices. They are equipped with multiple power outlets or USB ports to accommodate various types of devices and charging cables. Additionally, they are installed throughout the airport, including waiting lounges, gate areas, or dedicated charging zones to offer convenience to travelers to restore the battery charge of an electronic device.
Airport Charging Stations Market Insights :
Airport Charging Stations Market Dynamics - (DRO) :
Key Drivers :
Increasing reliance of passengers on electronic devices for checking flight status is accelerating the airport charging stations market
Passengers rely heavily on smartphones and laptops for various purposes including checking flight status, accessing boarding passes, browsing the internet, or engaging in entertainment activities. As a result, continuous usage of electronic devices leads to battery depletion, and charging stations address such needs by providing a reliable solution for travelers to recharge their devices. Additionally, despite several advancements in battery technology, the battery life of electronic devices remains limited which further increases the demand for charging stations, thus driving the market. Consequently, the increasing reliance on electronic devices, particularly smartphones for various purposes is contributing significantly to promoting the airport charging stations market. For instance, in November 2022, Kempegowda International Airport Bengaluru registered approximately 102% growth in domestic passenger volume and 85% rise in international passenger volume in comparison to 2019. Thus, the analysis of market trends shows that the surge in passenger mobility at airports contributes remarkably to promoting the airport charging stations market growth.
Increasing government investment to improve airport infrastructure is propelling the market
Rising government investment in upgrading the airport infrastructure by launching new facilities, amenities, and services, including the installation of charging stations is driving the market. Government funding enables airports to invest in charging infrastructure and ensure that passengers have access to convenient charging facilities throughout the airport premises. Additionally, the government is also introducing mobile check-in counters, improving emigration/immigration security checks, and advanced mechanization of baggage and ground handling services. For instance, in May 2023, The Government of the Bahamas invested USD 400 Million for the redevelopment of the Grand Bahama International Airport. The investment is made to upgrade the existing infrastructure by introducing various amenities and services to passengers to enhance the traveling experience. Consequently, the analysis of market trends shows that by investing in improving airport infrastructure, the government enhances the convenience and satisfaction of passengers, thus contributing remarkably to spurring airport charging stations market growth.
Key Restraints :
Budget constraints in setting up advanced charging stations are restraining the airport charging stations market
Setting up comprehensive charging stations at airports involves large upfront costs including the purchase of expensive charging equipment such as batteries, alternators, and voltage regulators. Additionally, they require regular maintenance and monitoring to ensure their proper functioning including repairs, software updates, and providing technical assistance to users. Subsequently, the analysis of market trends depicts that the high manufacturing and maintenance cost limits the adoption of charging stations by small airports, thus restraining the airport charging stations market demand.
Future Opportunities :
Integration of renewable energy sources with charging stations to offer sustainability
Renewable energy integration aligns with airports' sustainability and environmental goals and is expected to create growth prospects for the market. The utilization of renewable energy sources including solar and wind power enables airport charging stations to reduce greenhouse gas emissions and dependence on fossil fuels. Additionally, renewable energy sources offer long-term energy cost savings by generating electricity through renewable sources, reducing the reliance on traditional energy grids and mitigating the impact of rising electricity prices. For instance, in June 2022, Delhi Airport became the first airport in India to function precisely by using solar and hydropower. The airport aims to become a net zero carbon emission airport and is expected to reduce 200,000 tons of carbon emissions. Thus the analysis of market trends shows that the integration of renewable energy with airport charging systems to offer sustainability cost-effectively is projected to foster market growth during the forecast period.
The incorporation of advanced charging technologies including USB power delivery will create opportunities for market
USB Power Delivery (USB-PD) is a charging standard that allows faster and more efficient charging of devices via USB ports. Integrating USB-PD technology into charging stations enables passengers to charge the devices at higher power levels, reducing charging times. Additionally, USB-PD supports a wide range of devices, including smartphones, tablets, and laptops, and also utilizes advanced algorithms and sensors to optimize the charging process. Furthermore, the advanced technologies adjust charging voltage, current, and power output based on device requirements, maximizing charging efficiency and minimizing energy wastage. Consequently, the market trends analysis depicts that the incorporation of USB-PD with airport charging stations enabling faster charging and reduced energy consumption is expected to create airport charging stations market opportunities.
Airport Charging Stations Market Report Insights :
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 | USD 353.07 Million |
| CAGR (2023-2030) | 11.3% |
| By Product Type | Floor-Standing Type, Portable Type, Pedal-Powered Type, Wall-Mounted Type, Embedded Type, and Others |
| By Application | Laptops, Mobile Phones, Tablets, Cameras, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
| Key Players | Arconas Corporation, Airport Seating Alliance, Dynell GmbH, MARCUS PEDERSEN, Parabit Systems, WeWatt, Zoeftig Ltd |
Airport Charging Stations Market Segmental Analysis :
By Product Type :
The product type segment is classified into floor-standing type, portable type, pedal-powered type, wall-mounted type, embedded type, and others. Wall-mounted charging stations accounted for the largest market share in 2022 of the global airport charging stations market as the stations are installed in high-traffic areas including waiting lounges, departure gates, and common areas, ensuring convenience for travelers. Additionally, wall-mounted charging stations require minimal floor space as the stations are mounted on walls or pillars in comparison to other charging stations such as pedal-powered types. Furthermore, wall-mounted stations range from a single charging port to multiple ports or a combination of ports including USB ports or power outlets. Versatility allows airports to customize the charging stations based on specific needs, thus contributing significantly to accelerating the airport charging stations market demand.
Floor-standing charging stations are expected to register the fastest CAGR in the market during the forecast period. Floor-standing charging stations offer flexibility in terms of configuration by accommodating varying numbers of charging ports or outlets. Additionally, the free-standing nature of the charging stations allows for greater placement flexibility compared to wall-mounted or embedded charging stations. Airports strategically position such charging stations to maximize accessibility and cater to passenger needs in different areas of the airport. Moreover, floor-standing charging stations incorporate additional features including comfortable seating and wireless charging pads, enhancing the user traveling experience. Consequently, the segment trends analysis shows that the aforementioned factors, including improved flexibility and comfort offered by floor-standing charging stations, are expected to drive the airport charging stations market trends in the upcoming years.
By Application :
The application segment is classified into laptops, mobile phones, tablets, cameras, and others. Mobile phones accounted for the largest market share of 33.45% in 2022 of the total airport charging stations market share and are also predicted to witness the fastest CAGR during the forecast period. This is attributed to the increasing utilization of mobile phones to access boarding passes, check flight information, and communicate with friends and family. Additionally, mobile phones have relatively shorter battery life compared to other electronic devices including laptops or tablets. The frequent use of mobile applications, internet browsing, and media consumption quickly drain the battery and raise the demand for airport charging stations to recharge mobile phones, ensuring uninterrupted usage of phones at the airport. For instance, in 2020, according to the Press Trust of India, in India, the average usage of smartphones increased up to 25% (approximately 7 hours) of utilization in contrast to 11% (approximately 5.5 hours) in 2020. The increasing utilization of smartphones for browsing the internet, checking flight status, and communicating at airports, thus contributes significantly to propelling the airport charging stations market trends.
By Region :
The regional segment includes North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
North America accounted for the largest revenue share in the year 2022 owing to the high penetration rate of smartphones and other electronic devices that increase the demand for charging stations at airports. As per the airport charging stations market analysis, the region has a large number of airports including major international hubs, regional airports, and domestic airports. The sheer volume of airports in the region creates a significant market for airport charging stations to cater to a large number of domestic and international passengers, requiring charging facilities for electronic devices. Moreover, the presence of key players in the region including Arconas Corporation Airport Seating Alliance, and others constantly investing in research and development to innovate new products and strengthen the market position. In conclusion, the analysis shows that the increasing adoption of electronic devices, the presence of a large number of airports, and key players are contributing significantly to accelerating the airport charging stations market opportunities.
Asia Pacific accounted for USD 36.81 Million in 2022 and is expected to register the fastest CAGR accounting for USD 88.23 Million in 2030 in the airport charging stations market overall airport charging stations market share. In addition, in the region, China accounted for the maximum revenue share of 28.4% in the year 2022. The growth in the region is attributed to the expanding aerospace industry and tourism industry which increases passenger traffic at airports. The growing number of passengers raises the demand for charging solutions at airports to recharge electronic devices namely smartphones, tablets, and laptops. Moreover, the governments in Asia-Pacific countries are also investing heavily in digital technologies to improve the airport infrastructure to provide a seamless experience to passengers while traveling. For instance, in August 2022, the Indian government launched the beta version of the DigiYatra app to offer an enhanced experience to passengers, from booking tickets to boarding flights. The DigiYatra app also allows passengers to create a digital identity to access a range of services at airports, including check-in, security, and boarding.
Top Key Players & Market Share Insights:
The competitive landscape of the airport charging stations market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Further, the surge in Research and Development (R&D), product innovation, various business strategies, and application launches have accelerated the growth of the Airport Charging Stations market. Key players in the airport charging stations industry include-
- Arconas Corporation
- Airport Seating Alliance
- WeWatt
- Zoeftig Ltd
- MARCUS PEDERSEN
- Dynell GmbH
- Parabit Systems
Recent Industry Developments :
- In June 2021, Parabit Systems, Inc. announced a strategic partnership with Longheadland Limited to expand the portfolio in the North American and European markets. The goal of the partnership is to develop advanced products including charging stations to enhance passenger experience and improve operational efficiency.
Key Questions Answered in the Report
What is airport charging stations? +
An airport charging station refers to a designated area within an airport that allows passengers to recharge electronic devices including smartphones, tablets, laptops, and other portable devices.
What specific segmentation details are covered in the airport charging stations market report, and how is the dominating segment impacting the market growth? +
The report comprises various segments namely product type, application, and region. Each segment encompasses a sub-segment, dominating the market and is driven by the latest trends in the airport charging stations market. For instance, the segment, product type has registered wall-mounted charging stations as the dominating sub-segment owing to the ability to require minimal floor space as the stations are mounted on walls or pillars in comparison to other charging stations such as pedal-powered type.
How is the fastest segment anticipated to impact the market growth? +
By application, the mobile phone sub-segment is anticipated to witness the fastest CAGR growth in the upcoming years. The growth is attributed to the increasing utilization of mobile phones to access boarding passes, check flight information, and communicate with friends and family.
Which region is anticipated to witness the highest CAGR during the forecast period, 2023-2030? +
Asia Pacific is expected to witness the fastest CAGR during the forecast period in the airport charging stations owing to the increasing investments by the government to enhance the airport infrastructure.
