Air Freight Management Market - Trends Forecast Till 2028

Market Overview

The global Air Freight Management market size is projected to reach USD 26 billion by 2026 at a CAGR of 14% from USD 15.1 billion in 2021 during the forecast period 2021-2028.

Freight means the goods or cargo which are transported in bulk by different modes of transport like truck, ship or an aircraft. Air freight management system deals with efficient and strategic transport of the goods from the point of origin to their destination. It uses various technologies and intermediates and modes of transport.

The air freight industry is undergoing a technological change, transitioning from the overuse of aging mainframe systems to more adaptive interfaces used for activities such as flight operations, revenue accounting, networking planning, and others. Furthermore, the increasing use of cool-chain technology, robots, automated systems, artificial intelligence (AI), Big Data, deep learning, IoT, and augmented & virtual reality across various activities is expected to drive the global air freight market development throughout the forecast period. Airlines have developed methods and facilities for handling frozen and chilled commodities, including chilled storage and freighter capacity, as well as temperature-controlled packing techniques.

The chance of both theft and cargo damage is quite low. Furthermore, because the cargo period is very short, air freight insurance costs are often modest.

With the recent expansion of global trade along with the increased visibility of supply chain along with the rapidly growing communication technologies are some of the factors that have supported long-term expansion for Air Freight Management Market.

Regional Analysis

North America is expected to be the largest market during the forecast period. The adoption of fright management system across the region along with the technological advancement have led to growth in the fright management system in the region.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Descartes
• Oracle
• Werner Enterprises
• MercuryGate
• SAP
• Accenture
• JDA Software
• Ceva Logistics
• UPS
• DB Schenker
• C.H. Robinson TMC
• Riege Software
• Retrans
• BluJay Solutions
• McLeod Software
• FreightView
• Freight Management
• Linbis
• Logisuite
• DreamOrbit
• Manhattan Associates
• Magaya Corporation
• Kuebix
• ImageSoft
• 3GTMS

Recent Developments

• Descartes Systems Group, a federated global logistics network, unveiled the latest version of its Global Freight Exchange (GF-X) air freight electronic booking portal.
• DB Schenker, Lufthansa Cargo and Nokia join forces on CO2-neutral air freight. The SAF for this collaboration is entirely produced from waste and residue raw materials, for example from used cooking oils.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Air Freight Management market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope