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Airport Logistics Systems Market to be Worth $8.2 Billion by 2030 : by Meticulous Research®

03-15-2024 12:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Meticulous Research®

According to a new market research report titled, ''Global Airport Logistics Systems Market by Offering (Airport Baggage Handling Systems, Aviation Cargo Management Systems, Services), Technology (IoT, RFID, AI/ML/DL, Scanners & Detectors, Others), and Geography-Forecast to 2030,' the global airport logistics systems market is projected to reach $8.2 billion by 2030, at a CAGR of 9.3% during the forecast period of 2023 to 2030.

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Airport logistics systems refer to a wide range of processes and technologies that facilitate the efficient operation of an airport. These systems are highly integrated and use technologies such as RFID, barcoding, and advanced software to improve efficiency, security, and the overall passenger experience at airports. These systems are used for various applications such as baggage handling, flight scheduling and management, passenger check-in, security screening, air traffic control, ground handling, and facility maintenance.

The global airport logistics systems market is expected to register significant growth in the upcoming years, driven by globalization and strong growth in international trade, entry of low-cost airlines, advancements in freight security, safety, and transportation solutions, and modernization of airports to strengthen baggage handling systems. Also, the increased focus on autonomous vehicles in the logistics sector, increasing adoption of the Internet of Things (IoT), and rising demand for air cargo digitization are trends for this market.
In this market study, a comprehensive analysis of recent dynamics related to airport logistics systems was conducted to accurately forecast the future of the global airport logistics systems market. The study also includes an in-depth profile of key stakeholders in the global airport logistics systems market, categorized based on their market positions.

Based on offering, the global airport logistics systems market is segmented into airport baggage handling systems, aviation cargo management systems, and services. In 2023, the airport baggage handling systems segment is expected to account for the largest share of the global airport logistics systems market. However, the aviation cargo management systems segment is projected to register the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for air cargo transportation, growth in the e-commerce industry, and increasing international trade. Aviation cargo management systems are used for real-time tracking, route optimization, and inventory management and ensure timely deliveries for improving overall logistics in the aviation industry.

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Based on technology, the global airport logistics systems market is segmented into IoT, AI/ML/DL, RFID, big data, robotics & automated systems, scanners & detectors, and other technologies. In 2023, the scanners & detectors segment is expected to account for the largest share of the global airport logistics systems market. However, the AI/ML/DL segment is projected to register the highest CAGR during the forecast period. The growth of this segment can be attributed to the substantial investments in AI & ML technologies and increasing demand for technologically advanced integrated airport facilities to enhance operational efficiency, passenger experience, security, and overall performance. AI technology in airport logistics systems to automate and optimize various airport processes such as baggage handling and security screening.

Based on geography, the global airport logistics systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the global airport logistics systems market. Moreover, this market is also projected to register the highest CAGR during the forecast period. The growth of this regional market is attributed to the growing goods trade, rapid growth in industrial manufacturing, and low cost original equipment manufacturing. The government of China is highly investing in airport equipment, airport expansion, and the construction of new airports. For instance, in February 2023, COSCO SHIPPING LINES CO., LTD. (China) opened a sea and air logistics center in the economic zone of Guangzhou Airport (China). Also, the demand for reliable and cost-efficient GSE (ground support equipment) is increasing in the region's aviation industry.

The key players operating in the global airport logistics systems market are Daifuku Co., Ltd. (Japan), Siemens AG (Germany), Vanderlande Industries Holding B.V. (Netherlands), China International Marine Containers (Group) Co. Ltd. (Pteris Global) (China), Champ Cargosystems S.A. (A Subsidiary of SITA) (Luxemburg), Beumer Group GmbH & Co. Kg (Germany), Unisys Corporation (U.S.), IBS Software Services Private Limited (India), Kale Logistics Solutions (India), ALS Logistics Solutions (UAE), Lödige Industries GmbH (Germany), Honeywell International Inc. (U.S.), IBM Corporation (U.S.), Grenzebach Group (Germany), and Logplan LLC (U.S.).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/airport-logistics-systems-market-4390

Scope of the Report:

Airport Logistics Systems Market Assessment-by Offering
• Airport Baggage Handling Systems
o Check-in Systems
o Conveyors
o Scanner Systems
o Security Screening
o Sorting Systems
o Early Baggage Storage
o Baggage Transport Systems
o Baggage Reclaim Carousels
o Other Airport Baggage Handling Systems
• Aviation Cargo Management Systems
o Warehouse and Operational Management Systems
o Freight Information Systems
o Aviation Cargo Screening Systems
o Cargo Sales and Reservation Management Systems
o Other Aviation Cargo Management Systems
• Services
o Support and Maintenance
o System Integration and Deployment
o Consulting

Airport Logistics Systems Market Assessment-by Technology
• IoT
• AI/ML/DL
• RFID
• Big Data
• Robotics & Automated Systems
• Scanners & Detectors
• Other Technologies

Airport Logistics Systems Market Assessment-by Geography
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o Rest of Asia-Pacific
• Latin America
• Middle East & Africa

About Us
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

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