Global Airport Logistics Systems Market : Major Player Revenue and Forecast To 2025
India, 17 October 2018 -- Bharat Book Bureau Provides the Trending Market Research Report on “Airport Logistics Systems Market By Product, Service, And Geography - Global Forecast To 2025” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Bharat Book Bureau Provides the Trending Market Research Report on “Airport Logistics Systems Market By Product, Service, And Geography - Global Forecast To 2025” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Airport Logistics Systems Market by Product (Sorting Devices, Scanners, Conveyors, Destination Coded Vehicles, Freight Information Systems), Service (Maintenance and Support, Integration and Deployment, Consulting), and Geography–Global Forecast to 2025
The global airport logistics systems market is expected to grow at a CAGR of 10.3% from 2018 to reach USD 14.1 billion by 2025. The factors such as globalization and strong growth in the international trade; advancements in freight security, safety, and transportation solutions; entry of low cost airlines; growth in communication technologies; and adoption of Internet of Things (IoT) are driving the growth of the global airport logistics systems market. Moreover, green freight, blockchain in freight management, and cloud and big data analytics are the key factors providing growth opportunities for the various players operating in this market.
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The global airport logistics systems market study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2025- by product (sorting devices, scanners, conveyors, destination coded vehicles, freight information systems), service (maintenance and support, integration and deployment, consulting). The study also evaluates industry competitors and analyzes the market at a regional and country level.
Based on product type, sorting devices accounted for the largest share of the global airport baggage handling systems market in 2017. Increasing demand for sorting technologies in baggage handling at airports is attributing to the market growth of this segment. However, conveyors are expected to grow at the fastest growth rate owing to increasing airport passengers, automation in the conveyor belt technologies, modernization of airports, and rising digitization.
On the basis of service type, maintenance and support services segment accounted for the largest share of the global airport logistics systems market in 2017. However, integration and deployment segment will witness the fastest growth during the forecast period owing to the increasing digitization and developments in the IT solutions.
An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the four major geographies (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) along with the coverage of major countries in each region. North America commanded the largest share of the global airport logistics systems market in 2017, followed by Asia Pacific and Europe. The increasing demand for the state-of-the art airport infrastructure; rising demand for warehouse management and operations to manage air cargo; growth in the air cargo traffic; and high demand for fast moving baggage systems are expected to drive the growth of the airport logistic market in this region.
The major players operating in the global airport logistics systems market are Siemens AG, Vanderlande industries, Daifuku, CHAMP Cargosystems, Beumer Group, Unisys Corporation, IBS Software Solutions, CIMC Group, Kale Logistics Solutions, and ALS Logistics Solutions, among many others.
Warehouse and Operation Management System
Freight Information System
Aviation Cargo Screening Systems
Market by Service
Maintenance and Support
Integration and Deployment
Market by Geography
Rest of Europe (RoE)
Asia Pacific (APAC)
Rest of APAC (RoAPAC)
Latin America and Middle East Africa
Rest of Latin America and Middle East Africa
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Submitted by Bharat Book, Bharat Book Bureau on Wednesday, 17 October 2018 at 5:30 PM
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