Airport Baggage Handling System Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast


Posted September 11, 2019 by shubhambhosale1911

The global airport baggage handling system market is estimated to register an impressive CAGR of 5.9% during the forecast period from 2019 to 2026 and value over US$ 14 billion by 2026 end.

 
Construction of new airport terminals, rising number of airline passengers and demand for an upgrade in obsolete infrastructure related to check-in and baggage systems has led to technological disruptions in the airport baggage handling systems. Commercial aviation is on the rise with growing tourism and mobile workforce, attracting gigantic investments and cut-throat competition amongst market players. Growth in international trade, government policies to improve passenger convenience, technological improvement in baggage screening and identification devices are other factors fuelling the global airport baggage handling system market.
The global airport baggage handling system market is estimated to register an impressive CAGR of 5.9% during the forecast period from 2019 to 2026 and value over US$ 14 billion by 2026 end.
Trends in Global Airport Baggage Handling System Market
+ Modern techniques for tracking baggage using automatic tag readers at the airport to facilitate reduced passenger waiting time at conveyor belts is becoming highly preferred service.
+ Remote check-in and automated kiosks are high in demand due to convenience during peak hours. This calls for close integration with baggage handling systems to avoid delayed/lost baggage charge levied on airlines.
+ Deploying baggage handling robots is anticipated to become a common process at airports in future to avoid maintenance and staffing cost.
Transit flights for long route air passenger depend on the accuracy of baggage handling system in order to avoid misplacement and theft. This would facilitate the acquisition of smaller market players by the larger ones in order to cater to such needs and gain competitive advantage.
Cost of implementing baggage handling systems, complex architecture and skilled operating workforce establishment across geographical boundaries will pose challenges to the market.
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Global Airport Baggage Handling System Market, by Type
> Conveyor
> Destination Coded Vehicle
At present conveyor, the segment is leading the global airport baggage handling system market in terms of market penetration. However, as per the government mandate, airlines are favouring the use of destination coded vehicles to avoid lost/theft of baggage. Thus destination coded vehicle segment is estimated to grow a rapid CAGR in future.
Global Airport Baggage Handling System Market, by Airport Class
> Class A
> Class B
> Class C
Global Airport Baggage Handling System Market, by Service
> Self-Service
> Assisted Service
Global Airport Baggage Handling System Market, by Technology
> Barcode
> RFID
RFID technology supports real-time tracking of baggage at all the stages during air travel. Moreover, it helps to reroute the baggage that is being set on the wrong track which is not possible using barcode scanning technology. Hence RFID segment is projected to upthrust the global airport baggage handling system market in the coming years.
Global Airport Baggage Handling System Market, by Region
• North America
• Latin America
• Europe
• Asia Pacific
• Rest of the World
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global airport baggage handling system market on the basis of type, airport class, service, technology and region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies

Table of Contents
INTRODUCTION
Report description
Key benefits for stakeholders
Key market segments
Research methodology
• Primary research
• Secondary research
• Executive summary
• Market overview
• Market definition and scope
• Key findings
• Porters five forces analysis
• Key player positioning, (2019)
MARKET DYNAMICS
Drivers
• Anticipated growth in air travel
• Renewal of Airports
• Technological Advancements
Restraint
• High upfront and maintenance cost of Baggage Handling System (BHS)
• High consequences of system failure
• Opportunities
• Utilization of robotization in the airports
AIRPORT BAGGAGE HANDLING SYSTEM MARKET, BY AIRPORT CLASS
OVERVIEW
CLASS A
• Key market trends, growth factors and opportunities
• Market size and forecast, by region
• Market analysis by country
CLASS B
• Key market trends, growth factors, and opportunities
• Market size and forecast, by region
• Market analysis by country
CLASS C
• Key market trends, growth factors, and opportunities
• Market size and forecast, by region
• Market analysis by country
AIRPORT BAGGAGE HANDLING SYSTEM MARKET, BY SERVICE
OVERVIEW
ASSISTED SERVICE
• Key market trends, growth factors, and opportunities
• Market size and forecast, by region
• Market analysis by country
SELF-SERVICE
• Key market trends, growth factors and opportunities
• Market size and forecast, by region
• Market analysis by country
AIRPORT BAGGAGE HANDLING SYSTEM MARKET, BY TYPE
OVERVIEW
CONVEYORS
• Key market trends, growth factors and opportunities
• Market size and forecast, by region
• Market analysis by country
DESTINATION CODED VEHICLES
• Key market trends, growth factors, and opportunities
• Market size and forecast, by region
• Market analysis by country
AIRPORT BAGGAGE HANDLING SYSTEM MARKET, BY TECHNOLOGY
OVERVIEW
BARCODE
• Key market trends, growth factors and opportunities
• Market size and forecast, by region
• Market analysis by country
RFID
• Key market trends, growth factors and opportunities
• Market size and forecast, by region
• Market analysis by country
AIRPORT BAGGAGE HANDLING SYSTEM MARKET, BY REGION
OVERVIEW
NORTH AMERICA
• Key market trends, growth factors, and opportunities
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
• Market analysis by country
U.S.
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
Canada
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
Mexico
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
EUROPE
• Key market trends, growth factors, and opportunities
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
• Market analysis by country
UK
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
Germany
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
France
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
Russia
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
Rest of Europe
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
ASIA-PACIFIC
• Key market trends, growth factors, and opportunities
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
• Market analysis by country
China
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
Japan
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
India
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
Australia
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
Rest of Asia-Pacific
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by type
• Market size and forecast, by technology
LAMEA
• Key market trends, growth factors, and opportunities
• Market size and forecast, by airport class
• Market size and forecast, by service
• Market size and forecast, by technology
• Market analysis by country
COMPANY PROFILE
1. BEUMER GROUP
2. DAIFUKU CO. LTD.
3. FIVES GROUP
4. G&S AIRPORT CONVEYOR
5. GLIDEPATH GROUP
6. GRENZEBACH GROUP
7. LOGPLAN LLC
8. PTERIS GLOBAL LIMITED (CIMC GROUP)
9. SIEMENS AG
10. VANDERLANDE INDUSTRIES B.V.

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Categories Automotive
Tags airport baggage handling system market , airport baggage handling system market forecast , airport baggage handling system market share , airport baggage handling system market size , airport baggage handling system market trend
Last Updated September 11, 2019