Global Commercial Airport Baggage Handling System Market Size By Technology, By Type, By Service, By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

View Details Buy Now 2890 Download Sample Ask for Discount Request Customization

Commercial Airport Baggage Handling System Market Size And Forecast

Commercial Airport Baggage Handling System Market size was valued at USD 1.67 Billion in 2023 and is projected to reach USD 3.40 Billion by 2030, growing at a CAGR of 12.90 % during the forecast period 2024-2030.

Global Commercial Airport Baggage Handling System Market Drivers

The growth and development of the Commercial Airport Baggage Handling System Market is attributed to certain main market drivers. These factors have a big impact on how integrated gas systems are demanded and adopted in different sectors. Several of the major market forces are as follows

  • Growing Air Passenger Traffic As a result of the rise in international air travel, there is a greater need for effective baggage handling systems to manage the increased volume of bags.
  • Modernization and updating To increase productivity, cut down on delays, and adhere to the most recent rules and regulations in the business, a lot of airports are investing in the modernization and updating of their baggage handling systems.
  • Automation and Technology Integration Accuracy, speed, and general efficiency are increased in baggage handling systems with the use of automation and cutting-edge technologies like RFID (Radio-Frequency Identification), IoT (Internet of Things), and AI (Artificial Intelligence).
  • Security and Safety Concerns Investments in baggage handling systems that integrate cutting-edge screening technology and adhere to security laws are driven by the need for strict safety measures at airports as well as increased security concerns.
  • Airport Construction and extension The need for baggage handling systems is influenced by both the building of new airports and the extension of current ones. More urbanization and emerging markets could encourage the construction of additional airports.
  • Globalization of Air Transport As a result of increased international travel brought about by the expansion of air travel, more advanced baggage handling systems that meet international standards and can accommodate a range of passenger needs are required.
  • Strict Standards and Compliance The aviation sector must adhere to a number of safety and security standards as well as rules pertaining to baggage handling. Adoption of cutting edge baggage handling systems is fueled by compliance with these standards.
  • Emphasis on Passenger Experience Providing a great passenger experience is becoming more and more important to airports. Increased consumer satisfaction results from more seamless travel experiences made possible by dependable and efficient baggage handling technologies.
  • Environmental Sustainability In airport operations, there is a rising focus on environmental sustainability. Eco-friendly and energy-efficient baggage handling technologies could become more popular in the market.
  • Partnerships and Collaborations The creation and application of cutting-edge baggage handling systems greatly depend on the cooperation of airport authorities, airlines, and technology suppliers.

Global Commercial Airport Baggage Handling System Market Restraints

The Commercial Airport Baggage Handling System Market has a lot of room to grow, but there are several industry limitations that could make it harder for it to do so. It’s imperative that industry stakeholders comprehend these difficulties. Among the significant market limitations are

  • High Upfront Costs The installation and use of sophisticated baggage handling devices come with a hefty initial cost. Some airports may find it difficult to secure funding for such capital-intensive projects, particularly those that are smaller or located in developing nations.
  • Difficult Integration Process It can be difficult and time-consuming to integrate new baggage handling technologies into the current airport infrastructure. Airports that experience disruptions to their usual operations throughout the integration process may be dissuaded from upgrading their systems.
  • Regulatory Compliance Challenges Airport operators may face difficulties in adhering to the ever-changing aviation regulations and security standards. Regulation changes might need expensive updates or alterations to the current baggage handling systems.
  • Restricted Space Airports that are older or situated in urban areas may have trouble growing or modernizing their baggage handling infrastructure due to a lack of space. This can make it difficult to build more expansive and effective systems.
  • Technological Obsolescence Because of how quickly technology is developing, luggage handling methods may eventually become outdated. If they expect quick improvements in the technology soon after it is implemented, some airports might be reluctant to make the investment.
  • Operational Disturbances Airport operations may experience brief hiccups when baggage handling systems are upgraded or replaced. Airport management and visitors may experience delays, difficulties with logistics, and other inconveniences as a result of this.
  • Opposition to Change The implementation of new baggage handling systems may be hampered by opposition to change from airport management and employees alike. Employee training and adjusting to new operating practices could encounter opposition.
  • Economic Downturns Airports may have budgetary constraints and give priority to critical services over capital-intensive initiatives like updates to their baggage handling systems during economic downturns or financial crises.
  • Global Events and Crises Unpredicted global events, such pandemics, natural catastrophes, or geopolitical crises, can affect financial stability and demand for air travel, which can affect the choice to invest in baggage handling systems.
  • Competition for funds When it comes to the limited funds available to airports, projects like runway extensions, terminal renovations, and security improvements frequently face competition. Airport growth plans may present rivalry for resources amongst baggage handling system initiatives.

Global Commercial Airport Baggage Handling System Market Segmentation Analysis

The Global Commercial Airport Baggage Handling System Market is Segmented on the basis of Technology, Type, Service, and Geography.

Commercial Airport Baggage Handling System Market, By Technology

  • Barcode System This entails tracking and managing luggage using barcode technology.
  • RFID System (Radio-Frequency Identification) RFID systems, or radio-frequency identification, use RFID tags to increase the precision and effectiveness of tracking.
  • Automated Bag Drop (ABD) Passengers can use automated kiosks to individually check in their bags via Automated Bag Drop (ABD).

Commercial Airport Baggage Handling System Market, By Type

  • Conveyor System Moves luggage around the airport via conveyor belts.
  • Destination Coded Vehicle (DCV) Automated guided cars that move cargo to a predetermined location are called destination coded vehicles (DCVs).
  • Tilt Tray Sorter Sorting system that directs bags to the appropriate location utilizing tilt trays.

Commercial Airport Baggage Handling System Market, By Service

  • Self-Service Baggage Solutions Self-service baggage solutions include automated bag drop services for travelers as well as self-check-in kiosks.
  • Managed Baggage Services This refers to outside companies handling several facets of airport baggage management.

Commercial Airport Baggage Handling System Market, By Geography

  • North America Consists of the markets for commercial airport baggage handling systems in Mexico, Canada, and the United States.
  • Europe Includes nations like Australia, China, Japan, and India.
  • Asia-Pacific Includes nations like Australia, China, Japan, and India.
  • Middle East and Africa Consists of markets in nations such as South Africa, Saudi Arabia, and the United Arab Emirates.
  • South America Contains markets in nations such as Argentina, Brazil, and others.

Key Players

The major players in the Commercial Airport Baggage Handling System Market are

  • Siemens AG (Germany)
  • Vanderlande Industries (Netherlands)
  • Daifuku Co., Ltd. (Japan)
  • BEUMER Group (Germany)
  • SITA (Switzerland)
  • Leonardo S.p.A. (Italy)
  • Grenzebach Maschinenbau GmbH (Germany)
  • Fives Group (France)
  • BCS Group (Italy)
  • Glidepath Group (United States)
  • Logplan LLC (United States)

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2030

Base Year

2023

Forecast Period

2024-2030

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

Siemens AG (Germany), Vanderlande Industries (Netherlands), Daifuku Co., Ltd. (Japan), BEUMER Group (Germany), SITA (Switzerland), Leonardo S.p.A. (Italy), Grenzebach Maschinenbau GmbH (Germany), Fives Group (France), BCS Group (Italy).

Segments Covered

By Technology, By Type, By Service, By Geography

Customization scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

We'll dive deep into the market with both qualitative and quantitative analysis, looking at economic drivers and other things that influence it. You'll get market value data in USD Billion for every piece of the market. We'll pinpoint which areas and segments should grow the fastest and become market leaders. Our geographical analysis shows where the product/service is being used and what's influencing things there. Plus, we'll map out the competitive landscape, ranking key players and covering new stuff they're launching, partnerships, growth, and acquisitions from the last 5 years. You'll get detailed company profiles that include overviews, insights, product comparisons, and SWOT analysis for the big names. We also provide both a current and future market outlook, considering growth opportunities, what's driving the market, and the challenges ahead in both up-and-coming and established areas. We’ll break down the market from all angles using Porter’s five forces analysis, give you insight through the Value Chain, explore market dynamics, and look at growth opportunities down the road. And to top it off, we’re offering 6 months of post-sales support from our analysts!

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

List Tables Figures

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

FAQ'S

For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:

sales@marketinsightsresearch.com

Within 24 to 48 hrs.

You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email

You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.