The airport logistics systems market is expected to grow at a CAGR of more than 10.2% by 2027 owing to growth in international trade coupled with growing adoption of advanced logistics solutions.
The global airport logistics systems market is expected to gain significant traction with sustained growth in international trade coupled with increasing globalisation. Over the years, airports have taken initiatives for the smooth functioning of their inter-related activities and making the movement of goods a seamless affair. This has led to the rapid evolution of an unconnected system to a completely automated system cheska-lekarna.com. In September 2019, Air New Zealand announced the deployment of Descartes Core, Unit Load Device (ULD) tracking technology for proper tracking and monitoring of post or cargo.
The entry of economical airlines all over the world, especially in the 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 farmbrazil.com.br. Increasing transportation of goods through air is especially a major driving factor for the global airport logistics systems market.
Growing adoption of advanced logistics solutions is another factor that is boosting the growth of the global airport logistics systems market. These technologies are thus helping to improve the efficiency of the entire logistics system, thereby aiding the growth of this market, as per a report.
Source : Various Agencies