Airport logistics services provide systems for controlling air freight and baggage handling at airports. Global air freight traffic is rising at a substantial rate, and there is a growing need to build more dedicated cargo depots to meet the growing global air freight traffic. For bonded and heavy export cargo-related operations, major airports around the world are being used this increases the demand for airport logistic systems. Dedicated cargo terminals need to comply with international safety requirements and handle air cargo operations effectively, and make substantial investments in reliable and next-generation cargo management systems. Air transport is preferred for freight management by traders who need to send or receive goods within a short period of time and high protection is needed.
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The growth of this Airport Logistic Systems Market is driven by factors such as globalization and strong growth in international trade. Developments in freight security, safety, and transport solutions and the advent of low-cost airlines and Internet of Things (IoT) will propel the growth of airport logistics systems over the years. Globalization has contributed to the global economy's convergence of markets leading to an increase in national economies interconnectedness. In particular international air transport goods trade has seen considerable growth over the past decade. Air freight management has grown at a year-on-year growth rate of according to the International Air Transport Association. In addition, IATA estimates that cargo will increase substantially over the years and there will be an increased adoption of logistic systems over the forecast period.
The permanent components of the air freight industry are annual testing and security audits. In particular, safety in the air freight industry is evolving and the vulnerabilities of individual components are constantly being monitored. Using the Internet of Things (IoT) and cloud computing for data sharing today improves warehouse and logistics management systems to provide high security for the transport of goods and services. This device and the related tools are far more capable of stopping cyber-attacks. Through these technical developments, cyber threats can be recognized, tracked, and rectified effectively. Airports have taken steps to ensure that the inter-related operations operate smoothly and make the movement of passengers and goods seamlessly. Global supply chains are complex, integrating imports and exports through the five main modes of transport. More businesses continue to enter the industry due to increased digital technology, however the fluctuations in freight have a huge impact on companies and suppliers of airport freight logistics.
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The year 2019 was difficult for the cargo industry because of increased number of hazardous goods accidents resulting from non-compliant shipments and a difficult global market climate. In spite of that there is a rise in investment in technology and innovation, an increase in the number of special cargo shipments and a continuation of cross-border e-commerce growth this will boost the demand for airport logistic system in the coming years. In addition, the government regulations on air freight have made it safer for air cargo. The Customs-Trade Alliance against Terrorism initiative is launched by the U.S. government to reinforce border security. Through this initiative, many countries have adopted regulations in order to protect the physical protection, security of data and security of air cargo transport. It is anticipated that these developments in the safety and protection of products will drive the growth of air cargo industry thus fueling the demand for airport logistic systems over the forecast period. Airport modernization increases both domestic and international connectivity for trade and travel. The government also encourages airport modernization to boost facilities, thus improving the conveyance of passenger luggage. In the U.S., USD 1 trillion packages for infrastructure growth were allocated by the government for modernization of airport.
COVID-19 altered the world economy forever in less than four months. In particular, airline cargo handling and aviation in general are the main sectors suffering and will have to shift rapidly to adjust to the new normal and global order that emerges after the outbreak. The effect on the global air logistics industry is considerable and will influence the capacity of the industry to recover from COVID-19. Usage of commercial aircraft, increased use of charter flights, new operating standards and safety regulations further impacted the airport logistics handling. Due to changing conditions companies are assessing the situation in order to find new procedures for logistics handling.
The modernization also involves the optimization of luggage, which will strengthen the structure of the baggage handling system with state-of-the-art baggage systems. To provide 100 percent baggage tracking, a state-of-the-art automated baggage handling system can make use of radio frequency identification (RFID) technology. With this modernization, baggage handling systems will be updated along with upgrades to access walkways, elevators, and stairways, enhancing the growth of baggage handling systems. Thus baggage handling system segment will exhibit a significant CAGR over the forecast period. APAC region will experience significant growth in the airport logistic systems over the years, factors such as rising trade in products and rapid growth in industrial manufacturing will boost the demand for airport logistic system in this region. Some of the players operating in the airport logistic systems market include ALS LOGISTICS SOLUTIONS, BEUMER GROUP, BRINOR International Shipping & Forwarding Ltd, CHAMP, DAIFUKU, IBS Software, J.Schmalz GmbH, Kale Logistic Solutions, LODIGE Industries GmbH, PSI Logistics, Siemens AG, Unisys, Unitechnik and Vandelande Industries B.V. and other market participants.
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The detailed research study provides qualitative and quantitative analysis of the airport logistic systems market. The airport logistic systems market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America
Global Airport Logistic Systems Market:
- By Components
- Software
- Hardware
- Services
- Maintenance and Support
- Integration
- Deployment
- Consulting
- By Product Type
- Airport Baggage Handling Systems
- Sorting Devices
- Scanners
- Conveyors
- Destination Coded Vehicles
- Air Cargo Management Systems
- Warehouse and Operation Management Systems
- Freight Information Systems
- Aviation Cargo Screening Systems
- By Application
- International Airport
- Domestic Airport
- By Region:
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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