Airport Logistics Systems Market to Be Worth $9 Billion by 2031 - Exclusive Report by Meticulous Research - Seite 2

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 around 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 & 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 around 35% of the 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 around 40% of the 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.