Airport Logistics Systems Market Size, Share, Growth Analysis, By Product type(Airport baggage handling systems, sorting devices, scanners, conveyors), By Application(Maintenance and support, integration and deployment, and consulting), By Region - Industry Forecast 2024-2031

Global Airport Logistics Systems Market was valued at USD 10.51 billion in 2022 and expected to grow from USD 11.6 billion in 2023 to reach USD 25.4 billion by 2031, at a CAGR of 10.3% during the forecast period (2024-2031).

Airport logistics is the planning and management of all resources and information which add value to the airport's customers. In this analysis, the term "customers" refers to passengers and users of cargo services and airlines, as well as diners, shoppers, and other airport entities. Airports are an important aspect of the air transport system that usually entails the transport of people, luggage, cargo, and mail by aircraft Logistics' purpose is to organise all operations, not only those at airports, by examining and improving procedures in each subsystem of the airport's integrated logistics system.

Global airport logistics systems market growth is being driven by factors such as globalization and the accelerated development of international trade; advancements in freight security, safety, and transportation solutions; the entry of low-cost airlines; the augmentation of communication technologies; and the introduction of the Internet of Things (IoT). Furthermore, for the major industry participants, green freight, blockchain in freight management, cloud computing, and big data analytics are the paramount drivers of growth. However, one factor that can hamper the market is the bad weather, and therefore, situations may not make it possible sometimes to timely deliver the loads.

US Airport Logistics Systems Market is poised to grow at a sustainable CAGR for the next forecast year.