KEY FINDINGS
Global baggage handling system market is estimated to grow with 7.50% CAGR during the forecasting years of 2019-2027. The market is anticipated to grow to $16,425 million by 2027. The base year considered for the study is 2018, and the estimated period is between 2019 and 2027.
Various automated carts, conveyors, destination coded vehicles, and other various mechanisms make up the baggage handling system.
MARKET INSIGHTS
The growth in the air travel industry, upgradation of airports, increase in technological innovations and increasing security concerns are the major driving factors for the market. Growth in the air travel industry is the main driver for the market. The current air travel market is growing, and the passenger number travelling by air has also increased. This is mainly due to the growing global economy and the need for faster means of transport. Airports and airlines invest heavily in baggage handling technology as it increases the efficiency of airports management. The market growth is restrained by the high investment required for baggage handling system & problems associated with system failure.
REGIONAL INSIGHTS
The report on global baggage handling system market includes segmentation on the basis of geographical regions as well, which are North America, Europe, Asia Pacific and the remaining countries forming the Rest of World. The fastest growing market hails from the Europe region. United Kingdom, France, Italy and Germany are the major contributors to the baggage handling system market; however, Russia faced a high rise in passengers due to recent hosting of the FIFA World Cup 2018, due to which they expanded the airport terminals and installed new baggage handling units in order to minimize the check-in time of passengers.
COMPETITIVE INSIGHTS
Smith Detection, aGrenzebach Group, Pteris Global Limited (CIMC Group), Glidepath Group, Siemens AG, Ansir Systems, Vanderlande Industries B.V., Babcock International, Fives Group, G&S Airport Conveyer, Daifuku Co. Ltd., Beumer A/G, Logplan, Sita, and Alstef are the major companies operating in the market.
Global Baggage Handling System Market Forecast 2019-2027
Table of Contents
1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Increase In Demand For M2mi Interface
3.2.2. Growing Adoption Of Big Data In Baggage Handling System Market
3.2.3. Growing Need For Connected Aviation Ecosystem
4. Market Dynamics
4.1. Market Scope & Definition
4.2. Market Drivers
4.2.1. Growth In Air Travel Industry
4.2.2. Upgradation Of Airports
4.2.3. Increase In Technological Innovations
4.2.4. Increasing Security Concerns
4.3. Market Restraints
4.3.1. High Investment Required For Baggage Handling System
4.3.2. Problems Associated With System Failure
4.4. Market Opportunities
4.4.1. Automation Using Robots Will Be An Emerging Trend
4.4.2. Emergence Of Smart Airport
4.4.3. Increasing Need For Fast Infrastructure
4.5. Market Challenges
4.5.1. Increase In Number Of Mishandled Bags
4.5.2. Complex Architecture
5. Market By Airport Class
5.1. Class A
5.2. Class B
5.3. Class C
6. Market By Service
6.1. Assisted Service
6.2. Self Service
7. Market By Type
7.1. Conveyors
7.2. Destination Coded Vehicles
8. Market By Technology
8.1. Barcode
8.2. Rfid
9. Market By Airport Capacity
9.1. Up To 15 Million
9.2. 15-25 Million
9.3. 25-40 Million
9.4. 40 Million+
10. Key Analytics
10.1. Porter's Five Force Model
10.1.1. Threat Of New Entrants
10.1.2. Threat Of Substitute
10.1.3. Bargaining Power Of Suppliers
10.1.4. Bargaining Power Of Buyers
10.1.5. Intensity Of Competitive Rivalry
10.2. Opportunity Matrix
10.3. Vendor Landscape
11. Geographical Analysis
11.1. North America
11.1.1. United States
11.1.2. Canada
11.2. Europe
11.2.1. Germany
11.2.2. United Kingdom
11.2.3. France
11.2.4. Spain
11.2.5. Italy
11.2.6. Russia
11.2.7. Rest Of Europe
11.3. Asia Pacific
11.3.1. China
11.3.2. India
11.3.3. South Korea
11.3.4. Japan
11.3.5. Australia
11.3.6. Rest Of Asia Pacific
11.4. Rest Of World
11.4.1. Latin America
11.4.2. Middle East & Africa
12. Competitive Landscape
12.1. Babcock International
12.2. Logplan
12.3. Sita
12.4. Vanderlande Industries B.V.
12.5. Ansir Systems
12.6. Beumer A/G
12.7. Daifuku Co. Ltd.
12.8. Fives Group
12.9. G&S Airport Conveyer
12.10. Glidepath Group
12.11. Grenzebach Group
12.12. Pteris Global Limited (Cimc Group)
12.13. Siemens Ag
12.14. Alstef
12.15. Smith Detection
List of Tables
Table 1: Global Baggage Handling System Market, By Geography, 2019-2027 (In $ Million)
Table 2: Global Baggage Handling System Market, By Airport Class, 2019-2027 (In $ Million)
Table 3: Global Class A Market, By Region, 2019-2027 (In $ Million)
Table 4: Global Class B Market, By Region, 2019-2027 (In $ Million)
Table 5: Global Class C Market, By Region, 2019-2027 (In $ Million)
Table 6: Global Baggage Handling System Market, By Service, 2019-2027 (In $ Million)
Table 7: Global Assisted Service Market, By Region, 2019-2027 (In $ Million)
Table 8: Global Self Service Market, By Region, 2019-2027 (In $ Million)
Table 9: Global Baggage Handling System Market, By Type, 2019-2027 (In $ Million)
Table 10: Global Conveyors Market, By Region, 2019-2027 (In $ Million)
Table 11: Global Destination Coded Vehicles Market, By Region, 2019-2027 (In $ Million)
Table 12: Global Baggage Handling System Market, By Technology, 2019-2027 (In $ Million)
Table 13: Global Barcode Market, By Region, 2019-2027 (In $ Million)
Table 14: Global Rfid Market, By Region, 2019-2027 (In $ Million)
Table 15: Global Baggage Handling System Market, By Airport Capacity, 2019-2027 (In $ Million)
Table 16: Global Up To 15 Million Market, By Region, 2019-2027 (In $ Million)
Table 17: Global 15-25 Million Market, By Region, 2019-2027 (In $ Million)
Table 18: Global 25-40 Million Market, By Region, 2019-2027 (In $ Million)
Table 19: Global 40 Million+ Market, By Region, 2019-2027 (In $ Million)
Table 20: Opportunity Matrix
Table 21: Vendor Landscape
Table 22: Global Baggage Handling System Market, By Geography, 2019-2027 (In $ Million)
Table 23: North America Baggage Handling System Market, By Country, 2019-2027 (In $ Million)
Table 24: Europe Baggage Handling System Market, By Country, 2019-2027 (In $ Million)
Table 25: Asia Pacific Baggage Handling System Market, By Country, 2019-2027 (In $ Million)
Table 26: Rest Of World Baggage Handling System Market, By Region, 2019-2027 (In $ Million)
List of Figures
Figure 1: Global Baggage Handling System Market, By Type, 2018 & 2027 (In %)
Figure 2: Global Baggage Handling System Market, By Class A, 2019-2027 (In $ Million)
Figure 3: Global Baggage Handling System Market, By Class B, 2019-2027 (In $ Million)
Figure 4: Global Baggage Handling System Market, By Class C, 2019-2027 (In $ Million)
Figure 5: Global Baggage Handling System Market, By Assisted Service, 2019-2027 (In $ Million)
Figure 6: Global Baggage Handling System Market, By Self Service, 2019-2027 (In $ Million)
Figure 7: Global Baggage Handling System Market, By Conveyors, 2019-2027 (In $ Million)
Figure 8: Global Baggage Handling System Market, By Destination Coded Vehicles, 2019-2027 (In $ Million)
Figure 9: Global Baggage Handling System Market, By Barcode, 2019-2027 (In $ Million)
Figure 10: Global Baggage Handling System Market, By Rfid, 2019-2027 (In $ Million)
Figure 11: Global Baggage Handling System Market, By Up To 15 Million, 2019-2027 (In $ Million)
Figure 12: Global Baggage Handling System Market, By 15-25 Million, 2019-2027 (In $ Million)
Figure 13: Global Baggage Handling System Market, By 25-40 Million, 2019-2027 (In $ Million)
Figure 14: Global Baggage Handling System Market, By 40 Million+, 2019-2027 (In $ Million)
Figure 15: Porter's Five Force Analysis
Figure 16: Global Baggage Handling System Market, Regional Outlook, 2018 & 2027 (In %)
Figure 17: United States Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 18: Canada Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 19: Germany Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 20: United Kingdom Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 21: France Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 22: Spain Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 23: Italy Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 24: Russia Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 25: Rest Of Europe Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 26: China Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 27: India Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 28: South Korea Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 29: Japan Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 30: Australia Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 31: Rest Of Asia Pacific Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 32: Latin America Baggage Handling System Market, 2019-2027 (In $ Million)
Figure 33: Middle East & Africa Baggage Handling System Market, 2019-2027 (In $ Million)
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