Air Freight Management Market - Trends Forecast Till 2028

Air Freight Management Market, by Solution (Freight Tracking & Monitoring, Cargo Routing & Scheduling, Security, EDI, TMS, Order Management), End-user (3PLs, Forwarders, Brokers, Shippers), Transportation Mode and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-IT-AFMM-435

Format:  

Number of Pages: 371

Domain: IT & Telecom

Air Freight Management Market – Trends Forecast Till 2028

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.

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.

Air Freight Management Market Report

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.

Air Freight Management Market is segmented into Component (Solutions & Services), End-User, Transportation Mode and geography.

On the basis of Component

  • Solution
  • Services

On the basis of Solution

  • Planning
    • Supplier and Vendor Management
    • Freight Order Management
    • Revenue Management
    • Dispatch Management
    • Claims Management
  • Execution and Operations
    • Electronic Data Interchange
    • Load Optimization
    • Brokerage Operational Management
    • Freight Visibility
    • Freight Audit and Payment
    • Transportation Management System
  • Control and Monitoring
    • Freight Tracking and Monitoring Solution
    • Cargo Routing and Scheduling Solution
    • Cargo Security

On the basis of Service

  • Consulting
  • System Integration and Deployment
  • Support and Maintenance

On the basis of End-User

  • 3PLs
  • Forwarders
  • Brokers
  • Shippers
  • Carriers

On the basis of Mode

  • Rail Freight
  • Road Freight
  • Ocean Freight
  • Air Freight

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

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

Air Freight Management Market Primary Respondent

 

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

 

Report Feature

Descriptions

Market Revenue In 2021

USD 15.1 billion

Growth Rate

CAGR of 14% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Component (Solutions & Services), End-User, Transportation Mode and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

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, and 3GTMS

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