Market Overview:
The global smart baggage handling system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart baggage handling systems from airports and railway stations across the globe. Additionally, the growing adoption of these systems by various end-use industries is also contributing to the growth of this market. On the basis of type, the global smart baggage handling system market can be segmented into airport and railway station segments. The airport segment is expected to account for a larger share of this market in 2018 owing to rising demand for such systems from airports across the globe. On the basis of application, this market can be divided into sorting, conveying, tracking and tracing, diverting and other applications segments.
Product Definition:
A Smart Baggage Handling System is a computer-based system that helps manage the baggage handling process at an airport. The system includes software that helps track and monitor bags as they move through the airport, as well as hardware such as conveyor belts and scanners that help speed up the process. A Smart Baggage Handling System can help reduce wait times for passengers, make it easier to find lost luggage, and improve security screening.
Airport:
Airport is the primary interface between passenger and luggage. It is also a crucial element in the development of any smart baggage handling system (SGH). The growth factor for airport includes increase in air traffic, number of airports, and improvement in global connectivity. Increase in air traffic can be attributed to growing international trade which leads to rise in number of commercial aircrafts flying across different regions resulting into growth factor for airport.
Railway Station:
Railway station is a facility where trains stop to load and unload passengers and cargo. A railway station consists of an arrival hall, platform, departure hall (or platform), ticket office, waiting room and toilet facilities. The size of the facility varies according to the number of passengers traveling along with their luggage.
Application Insights:
The sorting application segment dominated the global smart baggage handling system market in 2017. The system is used to separate checked and unchecked luggage. The sorting helps in re-routing the bags that are delayed or lost during their travels, which eventually results in improving passenger satisfaction. Moreover, airlines can use this information to improve their operational efficiency by reducing unnecessary trips and thus increasing flight punctuality.
The tracking and tracing application segment is expected to witness significant growth over the forecast period owing to enhanced security measures adopted by airports worldwide including United States of America, China, Australia etc., against terrorist attacks with conventional weapons of mass destruction (WMD). As a result, airport operators are investing significantly in tracking systems that help them monitor each bag throughout its journey from origin till delivery at respective destinations thereby preventing any untoward incident involving loss or theft of baggage.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to several factors such as early adoption of technology, presence of prominent players, and high demand for efficient baggage handling solutions at airports. Moreover, rising investments by governments in airport infrastructure development are expected to drive the regional smart baggage handling system market over the forecast period. For instance, according to a white paper on Aviation published by Federal Aviation Administration (FAA), U.S., between 2014 and 2023 there is an investment requirement of USD X billion for air traffic control facilities and other aviation support services at airports throughout the country’s airspace system.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing investments in airport infrastructure development coupled with growing passenger traffic volume especially at major hubs across countries such as China and India among others will drive industry expansion over next eight years or so till 2030 timeframe).
Growth Factors:
- Increasing demand for automation in airports to improve efficiency
- Rising number of air passengers due to globalization and increasing disposable income
- Proliferation of low-cost carriers and increase in the number of flights
- Stringent regulations for baggage handling safety and security
- Growing trend of using mobile devices for travel bookings
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Baggage Handling System Market Research Report
By Type
Airport, Railway Station
By Application
Sorting, Conveying, Tracking and Tracing, Diverting, Other
By Companies
Daifuku Group, Siemens, Vanderlande Industries, Beumer Group, GandS Airport Conveyor, Pteris Global Limited, Fives Group, Alstef, Daifuku Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Smart Baggage Handling System Market Report Segments:
The global Smart Baggage Handling System market is segmented on the basis of:
Types
Airport, Railway Station
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sorting, Conveying, Tracking and Tracing, Diverting, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Daifuku Group
- Siemens
- Vanderlande Industries
- Beumer Group
- GandS Airport Conveyor
- Pteris Global Limited
- Fives Group
- Alstef
- Daifuku Group
Highlights of The Smart Baggage Handling System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Airport
- Railway Station
- By Application:
- Sorting
- Conveying
- Tracking and Tracing
- Diverting
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Baggage Handling System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Smart Baggage Handling System (SBHS) is a luggage handling system that uses sensors and RFID tags to identify and track baggage. The SBHS can automate the sorting, tracking, and loading of baggage onto aircraft.
Some of the key players operating in the smart baggage handling system market are Daifuku Group, Siemens, Vanderlande Industries, Beumer Group, GandS Airport Conveyor, Pteris Global Limited, Fives Group, Alstef, Daifuku Group.
The smart baggage handling system market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Baggage Handling System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Smart Baggage Handling System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Smart Baggage Handling System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Smart Baggage Handling System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Smart Baggage Handling System Market Size & Forecast, 2018-2028 4.5.1 Smart Baggage Handling System Market Size and Y-o-Y Growth 4.5.2 Smart Baggage Handling System Market Absolute $ Opportunity
Chapter 5 Global Smart Baggage Handling System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Smart Baggage Handling System Market Size Forecast by Type
5.2.1 Airport
5.2.2 Railway Station
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Baggage Handling System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Smart Baggage Handling System Market Size Forecast by Applications
6.2.1 Sorting
6.2.2 Conveying
6.2.3 Tracking and Tracing
6.2.4 Diverting
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Baggage Handling System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Baggage Handling System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Smart Baggage Handling System Analysis and Forecast
9.1 Introduction
9.2 North America Smart Baggage Handling System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Smart Baggage Handling System Market Size Forecast by Type
9.6.1 Airport
9.6.2 Railway Station
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Smart Baggage Handling System Market Size Forecast by Applications
9.10.1 Sorting
9.10.2 Conveying
9.10.3 Tracking and Tracing
9.10.4 Diverting
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Smart Baggage Handling System Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Baggage Handling System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Smart Baggage Handling System Market Size Forecast by Type
10.6.1 Airport
10.6.2 Railway Station
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Smart Baggage Handling System Market Size Forecast by Applications
10.10.1 Sorting
10.10.2 Conveying
10.10.3 Tracking and Tracing
10.10.4 Diverting
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Smart Baggage Handling System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Baggage Handling System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Smart Baggage Handling System Market Size Forecast by Type
11.6.1 Airport
11.6.2 Railway Station
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Smart Baggage Handling System Market Size Forecast by Applications
11.10.1 Sorting
11.10.2 Conveying
11.10.3 Tracking and Tracing
11.10.4 Diverting
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Smart Baggage Handling System Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Baggage Handling System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Smart Baggage Handling System Market Size Forecast by Type
12.6.1 Airport
12.6.2 Railway Station
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Smart Baggage Handling System Market Size Forecast by Applications
12.10.1 Sorting
12.10.2 Conveying
12.10.3 Tracking and Tracing
12.10.4 Diverting
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Smart Baggage Handling System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Baggage Handling System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Smart Baggage Handling System Market Size Forecast by Type
13.6.1 Airport
13.6.2 Railway Station
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Smart Baggage Handling System Market Size Forecast by Applications
13.10.1 Sorting
13.10.2 Conveying
13.10.3 Tracking and Tracing
13.10.4 Diverting
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Baggage Handling System Market: Competitive Dashboard
14.2 Global Smart Baggage Handling System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daifuku Group
14.3.2 Siemens
14.3.3 Vanderlande Industries
14.3.4 Beumer Group
14.3.5 GandS Airport Conveyor
14.3.6 Pteris Global Limited
14.3.7 Fives Group
14.3.8 Alstef
14.3.9 Daifuku Group