Airport Logistics Systems Market to Be Worth $9 Billion by 2031
According to a new market research report titled, the airport logistics systems market is projected to
reach $9 billion by 2031, at a CAGR of 9.8%
from 2024–2031.
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
employed across a range of applications essential for airport operations,
including baggage handling, flight scheduling and management, passenger
check-in, security screening, air traffic control, ground handling, and
facility maintenance.
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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.
The global airport logistics systems market is segmented by offering (airport baggage
handling systems (check-in systems, conveyors, scanner systems, security
screening, sorting systems, early baggage storage, baggage transport systems,
baggage reclaim carousels, other airport baggage handling systems), aviation
cargo management systems (warehouse and operational management systems, freight
information systems, aviation cargo screening systems, cargo sales and
reservation management systems, other aviation cargo management systems),
services (support and maintenance, system integration and deployment,
consulting)), technology (IoT, AI/ML/DL, RFID, big data, robotics &
automated systems, scanners & detectors, other technologies). This study also evaluates
industry competitors and analyzes the market at the regional and country levels.
Based on offering, the global airport
logistics systems market is segmented into airport baggage handling systems, aviation cargo management systems,
and services. In 2024, the hardware segment is
expected to account for the largest share of over 45% of the global airport
logistics systems market. The large market
share of this segment is attributed to the increasing passenger traffic and increasing integration
of RFID technology for baggage tracking, automation in the conveyor belt
technologies, modernization of airports & rising digitization, system
control, and IT solutions. The airport baggage handling system serves the
primary function of transporting baggage and ensuring each bag reaches its
designated location within the airport. It supports various critical
applications including load balancing, bag tracking for efficient routing,
volume regulation to optimize space, detection of bag jams to prevent delays,
automatic tag reading (ATR) for automated processing, tilt tray sorters for
organized sorting, vertical sortation units for efficient handling of different
bag sizes, and other essential tasks to enhance operational efficiency and
passenger experience.
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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 2024,
the scanners & detectors segment is expected to account for the largest
share of over 35% of the global airport logistics systems market. The large
market share of this segment is attributed to the increasing security concerns,
an increasing number of airline passengers, and a rising need for enhanced
operational efficiency at airports. X-ray scanners are used for screening
baggage, cargo containers, and freight to ensure the safety of transported
goods. The RFID scanners are also used for tracking & managing luggage,
packages, and other items through automated systems.
Based on
geography, the airport
logistics systems market is segmented into North
America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
In 2024, Asia-Pacific is expected to account for the largest share of over 40% of the global airport logistics systems market. The market growth in Asia-Pacific is driven by the growing goods trade,
rapid growth in industrial manufacturing, and low-cost original equipment
manufacturing. In the coming years, due to the rapid
increase in industrialization in the APAC countries, this region is expected to
witness optimistic growth. According to the Association of Asia Pacific
Airlines (AAPA), the APAC air cargo increase for airlines is mainly due to a
sustained increase in the global trade for consumer and intermediate goods.
Besides, business digitization, the way one conducts business with suppliers as
well as with other supply chain partners, and international trade from APAC
countries to western countries and Latin American countries also support the
growing air freight in the APAC region.
The key players operating
in the global airport
logistics systems market are Daifuku Co., Ltd.
(Japan), Siemens AG (Germany), Vanderlande Industries 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.).
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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
·
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
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