DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Aviation Cargo Management Systems Market 2017-2021" report to their offering.
The analysts forecast the global aviation cargo management systems market to grow at a CAGR of 12.44% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global aviation cargo management systems market for 2017-2021. To calculate the market size, the report considers new installations or sales and subscription payments of cargo management systems. The report also includes a discussion of the key vendors operating in this market.
Cargo management system is implemented in aviation cargo operations for optimizing the efficiency and effectiveness of commercial freight operations. Integration of such systems helps in automating processes and thereby, improving cargo stakeholders' communication and productivity. Adoption of such solutions also reduces a load of data entry, as well as eliminates errors in the process.
One trend in the market is increasing adoption of RFID technologies. In recent years, there has been considerable interest in deploying RFID technologies to support supply chain management of cargo-related activities. Such technology helps operators in establishing integrated tracking and visibility framework at cargo terminals.
According to the report, one driver in the market is initiation of e-freight program by IATA. The role of international aviation agencies like International Air Transport Association (IATA) or International Civil Aviation Organization (ICAO) has always been significant in terms of advancing the existing practices in both passenger and cargo airlines.
Further, the report states that one challenge in the market is evolving security threats and divergent regulations. The global aviation industry is highly susceptible to the emerging security-related threats, as well as the dissimilar rules and regulations imposed on it by statutory agencies of the 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.
- Sabre Airline Solutions
Other prominent vendors
- Hexaware Technologies
- Kale Logistics
- NIIT Technologies
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by system types
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/t6pk82/global_aviation