An erudite report of a worldwide Airport Logistics Systems market is recently published by Absolute Markets Insights. The statistical report offers an appropriate analysis of recent trends and technological advancements in global regions such as North America, Latin America, Asia-Pacific, Africa, and India. The data further also applies useful tools, methodologies and standard operating procedures carried out by top-level industries to support its analysis. Moreover, it also applies other effective exploratory techniques such as primary and secondary research techniques. Some of the distinctive market key components of the global Airport Logistics Systems market have been studied in order to get accurate market information about the requirements of the businesses. Financial and economic aspects of the businesses are also presented by means of graphical presentation techniques such as charts, graphs, tables, and pictures. The entire demand and supply chain is explained with the help of penetrative insight into the businesses.
The entry of economical airlines all over the world, especially in Asia region, coupled with the rising application of air cargo for transportation of goods has increased the frequency of flights. This has resulted in increasing demand for airport logistics systems. For example, a report by International Civil Aviation Organization (ICAO), the United Nations agency for planning and development of international air transport, stated that during 2017, 104.7 million tonnes of goods were transported throughout airports across the world, where international freight accounted for 69% of total transported goods. Total freight in 2017, including loaded and unloaded, grew by 7.3% in comparison with 2016. During the same period, mail recorded 3.8 million tonnes of total freight which represents an overall growth rate of 6.5%. Thus, increasing transportation of goods through air is a major driving factor for global airport logistics systems market.
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Key Findings of the Report:
- In terms of revenue, global airport logistics systems market is expected to grow at a CAGR of more than 10.2% during the forecast period, owing to rising global trade.
- Growing adoption of advanced technologies, which improves the operational efficiencies is a factor boosting the market growth.
- The rising volume of passengers along with increased air cargo has made it necessary for airports to set-up advanced logistics systems, which is helping the market achieve high growth.
- Supportive regulatory policies from governments for increasing trade & air cargo transport are aiding the growth of global airport logistics systems market.
List of Companies Covered in the Report: ALS LOGISTICS SOLUTIONS, BEUMER GROUP, BRINOR International Shipping & Forwarding Ltd, CHAMP, DAIFUKU, IBS Software amongst others
Report Scope & Segmentation:
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
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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