Airport Logistics Systems Market (2024-2031)
The Airport Logistics Systems Market is expected to reach $9 billion by 2031, at a CAGR of 9.8% from 2024 to 2031.
- Published
- Jul 2024
- Pages
- 250
- Format
- PDF + Excel
- Report ID
- MR-25
- Base year
- 2023
- 2031 · FORECAST
- $9.00B
- 2031
- $9.00B
- CAGR 2024–2031
- 9.8%
2023 baseline · 2024–2031 forecast at 9.8% CAGR · hover a bar for the value
Key highlights
The Airport Logistics Systems Market is expected to reach $9 billion by 2031, at a CAGR of 9.8% from 2024 to 2031.
The airport baggage handling systems segment is expected to account for the largest share of over 45% of the airport logistics systems market.
The scanners & detectors segment is expected to account for the largest share of over 35% of the global airport logistics systems market.
In 2024, Asia-Pacific is expected to account for the largest share of over 40% of the global airport logistics systems market.
Report summary
| Particulars | Details |
|---|---|
| Number of Pages | 250 |
| Format | |
| Forecast Period | 2024–2031 |
| Base Year | 2023 |
| CAGR (Value) | 9.8% |
| Market Size (Value) | USD 9 Billion by 2031 |
| Segments Covered | 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 · By Technology · IoT · AI/ML/DL · RFID · Big Data · Robotics & Automated Systems · Scanners & Detectors · Other Technologies |
| Countries Covered | North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Rest of Asia-Pacific), Latin America, and Middle East & Africa |
| Key Companies | Daifuku Co., Ltd. (Japan), Siemens AG (Germany), Vanderlande Industries B.V. (Netherlands), China International Marine Containers (Group) Co. Ltd. (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.) |
Report overview
Segments covered: offering, technology. Regions: North America, Europe, Asia-Pacific.
The expansion of this market is driven by globalization and robust increases 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. Moreover, the rapid growth in the e-commerce sector, integration of blockchain in freight management, and increasing adoption of cloud & big data analytics is expected to offer growth opportunities for the players operating in this market.
Report infographic
Market dynamics
3 factors across 2 forcesAdvancements in Freight Security, Safety, and Transportation Solutions Supports the Growth of Airport Logistics Systems Market
Regular testing and security audits have been the permanent parts of the air freight industry. Security in the air freight industry is changing and individual components are being constantly monitored for vulnerabilities. For freight security, airports are leveraging various technologies such as IoT, AI, ML, biometrics, robotics, and drones to boost safety and efficiency. This offers transparent and tamper-proof records of freight movement, enhancing traceability and security. Integration of these technologies in airport logistics strengthens freight security, helps streamline operations, minimize risks, and maintain the integrity of the cargo throughout its journey.
With the increasing usage of the internet-of-things (IoT) and cloud computing for the transmission of data, warehouse, and logistics management solutions are enhanced to provide high security for the transportation of goods and services. This system and the corresponding software can prevent cyber-attacks much more effectively. Cyber threats can be effectively recognized, monitored, and rectified through these technological advancements. Furthermore, government regulations on air freight have enhanced the security of air cargo. These improvements in the safety and security of goods are anticipated to fuel the growth of the airport logistics systems market.
Modernization of Airports, to Strengthen Baggage Handling Systems, Drives the Growth of Airport Logistics Systems Market
The aviation industry is experiencing significant strides in operational areas such as aircraft turnarounds, flight planning, and baggage management. The handling of passenger luggage is a complex operation that requires precision, efficiency, and innovation. Therefore, the industry is prioritizing the modernization of airports to enhance baggage handling systems. Airports are adopting diverse technologies including robotics for sorting and loading, automated guided vehicles (AGVs) for transportation, RFID tags, and barcode systems to provide real-time updates on baggage location and status to passengers. These systems aim to automate baggage handling tasks and reduce instances of mishandling.
Several organizations are offering baggage handling systems to meet the growing demand for faster baggage delivery and real-time tracking in airports. For instance, in April 2021, Siemens Logistics GmbH (Germany) collaborated with Incheon International Airport Corporation (South Korea) to provide its baggage handling system in Terminal 2 of South Korea's Incheon Airport. The implementation of this system has enabled airport operators and customers to increase capacity, handling nearly 20,000 pieces of baggage per hour. These advancements in modernizing airports for baggage handling applications are expected to bolster the growth of the airport logistics systems market throughout the forecast period.
Table of contents
10 chapters · 111 sections · 250 pages · click to expandSegmental analysis
| Segment | Largest share (2024) | Fastest growth (2024–2031) |
|---|---|---|
| By Offering | Airport Baggage Handling Systems | Aviation cargo management systems |
| By Technology | Scanners & Detectors | AI/ML/DL |
By Offering
- The airport baggage handling systems segment is expected to account for the largest share of over 45% of the 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, and rising digitization, system control, and IT solutions.
- The airport baggage handling system plays a crucial role in transporting baggage and ensuring each bag reaches its designated location within the airport.
- It serves various purposes including load balancing, bag tracking, volume regulation, detection of bag jams, automatic tag reading (ATR), tilt tray sorters, vertical sortation units, and other essential applications.
- However, the aviation cargo management systems segment is projected to register the highest CAGR during the forecast period.
- The growth of this segment is driven by innovations in freight visibility technologies and the rising adoption of advanced technologies aimed at automating warehouse and operational management systems, thereby reducing operational costs.
By Technology
- 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 escalating security concerns, a growing number of airline passengers, and an increasing demand for improved operational efficiency at airports.
- X-ray scanners are employed to screen baggage, cargo containers, and freight to ensure the safety of transported goods.
- Additionally, RFID scanners are utilized for tracking and managing luggage, packages, and other items through automated systems.
- 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.
Geographic analysis
Asia-Pacific
Largest shareIn 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. In addition to business digitization transforming how companies interact with suppliers and supply chain partners, the growth of air freight in the Asia-Pacific (APAC) region is also supported by increased international trade between APAC countries, Western countries, and Latin American countries. Moreover, this region is also projected to record the highest CAGR of 11.5% during the forecast period. The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last three–four years. Some of the key players operating in the 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.). In 2024, the Asia-Pacific Region to Dominate the Airport Logistics Systems Market Airport Logistics Systems Market: Key Companies
Competitive landscape
- April 2024
Kale Logistics Solutions (India) collaborated with Budapest Airport (Hungary) to implement Airport Cargo Community System (ACS) to digitalize airfreight operations and business processes. The system facilitates real-time tracking and monitoring of cargo movements, as well as automates regulatory compliance checks.
- December 2023
Menzies Aviation Limited (U.K.) and Wipro Limited (U.S.) launched Menzies Aviation Cargo Handling (MACH) cargo management system to enhance data accuracy, automate checklists, and customise employee development routes. The system is launched to install at ten air cargo facilities in China, New Zealand, and the Americas.
- Daifuku Co., Ltd. · Japan
- Siemens AG · Germany
- Vanderlande Industries B.V. · Netherlands
- China International Marine Containers (Group) Co. Ltd. · 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
- Logplan LLC (U.S.)
Frequently asked questions
The airport logistics systems market study emphasizes market assessment and opportunity analysis, covering the sales of airport logistics systems across various regions and countries across different market segments. Additionally, it includes competitive analysis of airport logistics systems, conducting a thorough evaluation of leading players' product portfolios, geographic reach, and key growth strategies.
Cite this report
Meticulous Research. (2024). Airport Logistics Systems Market - Global Opportunity Analysis and Industry Forecast (2024-2031) (Report No. MR-25). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/airport-logistics-systems-market-4390