Airport Baggage Handling System Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026 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. Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=157&page=requestsample 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 Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=157&page=askfordiscount 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. Inquire further details about this report at: [email protected] About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: [email protected] Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
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.
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