Press release
Airport Logistics System Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Airport Logistics System Market
The upward trend in air passenger numbers is set to fuel the expansion of the airport logistics system market. Those who travel by air, whether for business or pleasure, personal or recreational reasons, are considered air passengers. Their increasing numbers can be attributed to economic growth, affordability, and the global expansion of air travel. The airport logistics system plays a vital role in managing cargo operations, encompassing tasks like freight handling, warehousing, customs clearance, and ground transport. For example, the International Civil Aviation Organization, a specialized United Nations agency based in Canada, reported that in February 2023, there was a rise of approximately 47% in the number of air passengers from 2022, and revenue passenger kilometers (RPK's) saw an approximate increase of 70% during the same time frame. As such, the surge in the number of air passengers is projected to boost the airport logistics system market's growth.
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What growth opportunities are expected to drive the airport logistics system market's CAGR through 2034?
The market size of the airport logistics system has seen a swift expansion in recent times. It's expected to rise from $6.66 billion in 2024 to $7.37 billion in 2025, showcasing a compound annual growth rate (CAGR) of 10.7%. Factors such as globalization and trade, regulatory amendments, customer demands, and environmental worries contributed to the growth during the historical period.
In the coming years, the airport logistics system market is forecasted to witness a significant expansion. The market size is predicted to reach $10.93 billion in 2029, with an annual compound growth rate of 10.3%. Factors contributing to this growth during the forecast period include the surge in e-commerce, advancements in automation and robotics, the use of data analytics and AI, increase in urbanization and population, and initiatives towards sustainability. The forecast period is also expected to see major trends like the incorporation of IoT, multi-modal solutions, cooperation in logistics networks, and improvements in security.
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What are the emerging trends shaping the future of the airport logistics system market?
Leading players in the airport logistics system sector are innovating with cutting-edge aerospace services to boost efficiency and improve the passenger journey. These state-of-the-art services elevate reliability and productivity in airport logistics infrastructure using refined air traffic control, precision navigation, and advanced cargo handling methods. For example, in October 2023, Sterling Global Aviation Logistics, an American company with a focus on aviation logistics management, introduced a novel aerospace logistics offering to hasten the supply of crucial airplane parts. This operation is supervised by experienced aerospace logistics professionals and features a specialized team of drivers along with a devoted vehicle fleet. This arrangement emphasizes the initial phases of transportation, successfully diminishing potential hazards at the onset of each consignment.
Which growth-oriented segments of the airport logistics system market are leading the industry's development?
The airport logistics system market covered in this report is segmented -
1) By Type: Baggage Handling Systems, Cargo Handling Systems, Other Types
2) By Technology: Internet Of Things (IoT), Artificial Intelligence And Machine Learning, Radio Frequency Identification (RFID), Automation And Robotics, Other Technologies
3) By Application: Maintenance And Support, Integration And Deployment, Consulting
Subsegments:
1) By Baggage Handling Systems: Conveyor Systems, Automated Baggage Identification Systems, Baggage Screening Systems, Baggage Sorting Systems, Baggage Reclaim Systems
2) By Cargo Handling Systems: Automated Cargo Handling Systems, Cargo Terminal Operating Systems (TOS), Cargo Screening Systems, Cargo Tracking And Management Systems, Cargo Loading And Unloading Systems
3) By Other Types: Ramp Handling Systems, Passenger Boarding Bridges (PBB), Fleet Management Systems, Warehouse Management Systems (WMS), Automated Guided Vehicles (AGVs)
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What regions are leading the charge in the airport logistics system market?
North America was the largest region in the airport logistics system market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport logistics system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the airport logistics system market?
Major companies operating in the airport logistics system market are Siemens Logistics GmbH, International Business Machines Corporation, Honeywell International Inc., BCS Group, CIMC-TianDa Airport Support Ltd., Babcock International Group PLC, Daifuku Co. Ltd., Swissport International AG, Vanderlande Industries BV, Fives Group, Unisys Corporation, SITA NV, Beumer Group GmbH & Co. KG, Grenzebach Group, Materna Information and Communications SE, ALSTEF Automation SA, Lodige Industries GmbH, Transnorm System GmbH, Glidepath Group, Logplan LLC
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What Is Covered In The Airport Logistics System Global Market Report?
• Market Size Forecast: Examine the airport logistics system market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the airport logistics system market for a structured understanding.
• Key Players Overview: Analyze major players in the airport logistics system market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the airport logistics system market.
• Segment Contributions: Evaluate how different segments drive overall growth in the airport logistics system market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the airport logistics system market.
• Industry Challenges: Identify potential risks and obstacles affecting the airport logistics system market.
• Competitive Landscape: Review strategic developments in the airport logistics system market, including expansions, agreements, and new product launches.
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