Commercial Airports Baggage Handling Systems Market (Technology - Barcode System, and RFID System; Airport Class - Class A, Class B, and Class C; Service Type - Self-service, and Assisted Service; Type - Destination-coded Vehicles, and Conveyors): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Commercial Airports Baggage Handling Systems Market (Technology - Barcode System, and RFID System; Airport Class - Class A, Class B, and Class C; Service Type - Self-service, and Assisted Service; Type - Destination-coded Vehicles, and Conveyors): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Report Code: AT0038 Category: Automotive, Aerospace & Defence Published: May, 2022

A recent report published by Infinium Global Research on the commercial airports baggage handling systems market provides an in-depth analysis of segments and sub-segments in the global as well as regional commercial airports baggage handling systems market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional commercial airports baggage handling systems market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global commercial airports baggage handling systems market. According to the report, the global commercial airports baggage handling systems market is projected to grow at a CAGR of 7% over the forecast period of 2022-2028.

 

Market Insight

The value of the commercial airports baggage handling systems market in 2022 was USD 12 billion and is expected to reach USD 17 billion in 2028 and is expected be growing with a CAGR of more than 7%. The baggage handling systems refer to the conveyor system installed at the airports to carry luggage of the passengers from ticket counters to airplanes and from airplanes to baggage claims. With the rising in the number of international travelers and the frequency of air travelers worldwide, the market for commercial airports baggage handling systems is poised to grow at a steady rate over the next few years. Moreover, increased efforts of airports to provide better customer service and efficiency of the airports are likely to fuel the growth in this market over the next few years.

 

The whole aviation industry suffered heavy losses during the pandemic. The number of air passengers and air traffic dwindled sharply as nations around the world implemented stringent lockdowns and banned air travel for a short period of time. International borders were closed. As a result, supporting industries such as commercial airports baggage handling systems market also suffered heavily due to the pandemic. The demand for such systems fell sharply as there were limited or no passengers at airports. The airports had to postpone their automation plans as market players were not able to deliver the baggage handling systems on time and revenues of the airports also dropped considerably due to reduced air traffic.

 

 The growing number of air passengers has put tremendous pressure on airports. Thus, the airports are adopting automation, as a result, to manage the growing luggage of air travelers without misplacing their luggage in an efficient manner. Today, the baggage handling systems in airports are showing a paradigm shift and moved to automated baggage handling systems. Earlier the luggage was checked-in, weighed, and measured manually by specific personnel at a dedicated check-in desk located inside the airport terminal. However, with the increasing pressure upon global airports due to the growth in passenger numbers and additional aviation security measures, the process of baggage handling and check-in has inevitably changed to increase efficiency, without jeopardizing security, and that too in meeting critical bottom-line budgetary requirements. Most baggage handling systems are composing innovations using Barcode and RFID technology in their system to move bags from the check-in counter to the gates and load them onto the aircraft before its departure, with the help of automation. The limited number of airports in developing countries is expected to be the major reason for lower demand in these countries and restrain the growth of the market. The emergence of new technologies such as AI offers growth opportunities.

 

Geographically, North America is expected to be the dominating region in the market over the forecast period. Asia-Pacific is expected to be the fastest-growing region in the market. North America has some of the busiest airports in the world with millions of air passengers commuting by air every year. Thus, a high number of airports and a large number of air travelers are driving the growth of the market in North America. Similarly, a large number of market players make their products easily available in the North American region. Europe is expected to be the second-largest region in the market as a growing number of air travelers to Europe is putting tremendous baggage handling pressure on major airports of Europe. Asia-Pacific is expected to grow at the fastest pace as the aviation industry in the region is growing rapidly.


Commercial Airports Baggage Handling Systems Market

 

Segment Covered

The report on the global commercial airports baggage handling systems market covers segments such as technology, airport class, service type, and type. On the basis of technology, the sub-markets include barcode systems and RFID systems. On the basis of airport class, the sub-markets include class A, class B, and class C. On the basis of service type, the sub-markets include self-service and assisted service. On the basis of type, the sub-markets include destination-coded vehicles and conveyors.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Daifuku Company, Ltd., Beumer Group, G&S Airport Conveyer, Grenzebach Maschinenbau GmbH, BCS Group, Logplan LLC, Siemens AG, Pteris Global Limited, Fives Group, and Vanderlande Industries.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the commercial airports baggage handling systems market. Moreover, the study highlights current market trends and provides forecasts for 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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