Aviation Cargo Management Systems Market by Type and Geography - Forecast and Analysis 2020-2024

The aviation cargo management systems market share is expected to increase by USD 2.34 billion from 2019 to 2024, and the market’s growth momentum will accelerate at a CAGR of 9%.

This market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (AWOM systems, AFI systems, and ACS systems) and geography (APAC, North America, Europe, South America, and MEA). The aviation cargo management systems market report also offers information on several market vendors, including Accenture Plc, AKRB Technologies Pvt. Ltd., CHAMP Cargosystems SA, Hexaware Technologies Ltd., International Business Machines Corp., Kale Logistics Solutions Pvt. Ltd., Mercator Cargo Systems Ltd., Oracle Corp., Sabre Corp., and Wipro Ltd. among others.

What will the Aviation Cargo Management Systems Market Size be During the Forecast Period?

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Parent Market Analysis

Our Technavio Research categorizes the global aviation cargo management systems market belonging to the Software industry. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market during the forecast period.

Aviation Cargo Management Systems Market: Key Drivers, Trends, and Challenges

The research studied the historical data considered for years, with 2019 as the base year, and 2020 as the estimated year.

Key Aviation Cargo Management Systems Market Driver

One of the key factors driving growth in the market is the evolving security threats and divergent regulations. The global aviation industry is highly susceptible to emerging security-related threats, as well as the dissimilar rules and regulations imposed on it by statutory agencies of different regions or countries. Owing to the terror attack at Brussels Airport, Belgium, in March 2016, many regional and international cargo carriers faced a decline in their cargo revenues. For instance, the Belgium-based subsidiary of Lufthansa, Brussels Airlines, was reported to sustain decreased cargo-related activities after the terrorist attack, which significantly affected the cargo revenue of the first and second quarters in 2016. Likewise, any unexpected change in the regulations is often associated with a cost overrun, which the majority of aviation stakeholders sustain over a period. Such occurrences also affect regular cargo operations, while often distressing the belly capacity of passenger airlines that generates 14%-18% of the revenue from cargo. Thus, the manufacturers and exporters of lithium-ion batteries have no other options than to rely significantly on other transportation modes for freighting such goods in bulk. There have been increasing cases of penalties for not complying with rules and regulations imposed by regulatory authorities. 

This market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2020-2024.

Who are the Major Aviation Cargo Management Systems Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• Accenture Plc
• AKRB Technologies Pvt. Ltd.
• CHAMP Cargosystems SA
• Hexaware Technologies Ltd.
• International Business Machines Corp.
• Kale Logistics Solutions Pvt. Ltd.
• Mercator Cargo Systems Ltd.
• Oracle Corp.
• Sabre Corp.
• Wipro Ltd.

 

This statistical study of the market encompasses successful business strategies deployed by the key vendors. The market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

Accenture Plc - The company offers Air Cargo software as a service to support carriers of various sizes. The Financial Services segment offers customized solutions for banking capital markets, and insurance sectors and helps clients address growth, cost and profitability pressures, industry consolidation, regulatory changes and the need to continually adapt to new digital technologies. The Products segment offers solutions for consumer goods, retail and travel services, industrial, and life science sectors. The offerings are designed to enhance their performance in distribution and sales and marketing; research and development and manufacturing; and in business functions such as finance, human resources, procurement and supply chain.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.

Aviation Cargo Management Systems Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Aviation Cargo Management Systems Market?

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41% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for aviation cargo management systems in APAC. Market growth in this region will be faster than the growth of the market in the European regions.

North America is another major region showing market growth. The North American freight industry (encompassing air, rail, ocean, and road freight transport) has been showing promising results since the beginning of the first quarter of 2019, which registered a sharp increase compared to the first quarter of the previous year. This has also helped the regional cargo airlines to record growth in their respective activities. The increased demand has also encouraged airlines to augment their cargo shipment capacities. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Aviation Cargo Management Systems Market?

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The market share growth by the AWOM systems segment will be significant during the forecast period. The aviation warehouse and operation management systems segment accounted for the majority of the overall market share in 2019, and the segment is anticipated to maintain its dominance during the forecast period as well. Key systems like freight transportation cost management systems, warehouse management systems, mobility solutions, logistics management solutions, and freight operational management systems are encompassed in this segment. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Aviation Cargo Management Systems Market Scope
Report Coverage	Details
Page number	120
Base year	2019
Forecast period	2020-2024
Growth momentum & CAGR	Accelerate at a CAGR of 9%
Market growth 2020-2024	$ 2.34 billion
Market structure	Fragmented
YoY growth (%)	5.93
Regional analysis	APAC, North America, Europe, South America, and MEA
Performing market contribution	APAC at 41%
Key consumer countries	US, China, UK, Germany, and Japan
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	Accenture Plc, AKRB Technologies Pvt. Ltd., CHAMP Cargosystems SA, Hexaware Technologies Ltd., International Business Machines Corp., Kale Logistics Solutions Pvt. Ltd., Mercator Cargo Systems Ltd., Oracle Corp., Sabre Corp., and Wipro Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Aviation Cargo Management Systems Market Report?

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive market growth during the next five years
• Precise estimation of the market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behaviour
• The growth of the aviation cargo management systems industry across APAC, North America, Europe, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of market vendors

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