Gaya Herald

Airport Baggage Handling Systems Market 2019: Global Industry Dynamics, Corporate Financial Plan, Business Competitors, Emerging Technologies, Supply and Revenue With Regional Trends By Forecast 2023

 Breaking News
  • No posts were found

Airport Baggage Handling Systems Market 2019: Global Industry Dynamics, Corporate Financial Plan, Business Competitors, Emerging Technologies, Supply and Revenue With Regional Trends By Forecast 2023

March 21
09:59 2020
Airport Baggage Handling Systems Market 2019: Global Industry Dynamics, Corporate Financial Plan, Business Competitors, Emerging Technologies, Supply and Revenue With Regional Trends By Forecast 2023

Commercial Airport Baggage Handling Systems Market
Global Airport Baggage Handling Systems Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

Commercial Airport Baggage Handling Systems Market May Grow at 8% CAGR Between 2017 and 2023

With more airline services coming up and the disposable income of passengers rising, air travel is being preferred over other means of travel. This is also triggering a need for efficient airport baggage handling systems.

The most important market driving factor for the global commercial airport baggage handling systems market is the growing use of automated baggage handling system (BHS) at airports. Other factors contributing to the market growth include improving baggage handling capacities, growing investment on BHS (both by government and private sector) and improving airport infrastructure via new installations & upgrades.

However, some factors that can obstruct the market growth include high risk of technical issues like jammed baggage carts in the tracks and misalignment of baggage carts with the conveyor belts.

Get a FREE Sample with Complete TOC @ https://www.marketresearchfuture.com/sample_request/1269 

Key Players

Major players in the global commercial airport baggage handling systems market include BCS Group (New Zealand), Beumer Group (Germany), Fives Group (France), Daifuku Company Ltd (Japan), G&S Airport Conveyor (USA), Grenzebach Maschinenbau GMBH (Germany), Logplan LLC (USA), Pteris Global Limited (Singapore), Siemens AG (Germany), and Vanderlande Industries (Netherlands).

Latest Industry News

The Department of Transportation (DOTr) of the Philippines has reported that in the past three years, seventeen commercial airport projects have been completed that are equipped with advanced baggage handling facilities. 9 JUL 2019

Intended Audience

  • Distributor & Supplier companies
  • End-Users
  • Consultants and Investment bankers
  • Government as well as Independent Regulatory Authorities

Market Segmentation

The global Commercial Airport Baggage Handling Systems Market segmentation covers airport class, service, technology, and type. MRFR is putting an effort in the report to understand market trends.

Based on airport class, this market has been segmented into Class A, Class B, and Class C. they belong to respective airspaces of Class A, B, and C. All airspaces have different rules in order to ensure safe air traffic.

The service-based segmentation of this market covers assisted-service and self-service. Assisted service is about passenger receiving help from airport staff. Physically disabled passengers are entitled to this service by law. The self-service helps the passenger to save time by allowing him/her to control his/her BHS process and quickly check-in his/her baggage with ease.

Regarding technology, the market has been segmented into barcode and radio-frequency identification (RFID). During the forecast period, the RFID technology segment is expected to lead the global market growth, holding the lion’s share in the revenue. This technology is useful for scanning the baggage tags to consolidate the probability of any issues.

By type, the market has been segmented into conveyors and destination-coded vehicles. The conveyor system is defined as a material handling equipment that can transport large loads of luggage from one place to another. Conveyors are in high demand in airports as they offer many benefits like high durability, increased safety, low maintenance cost, and reduced lead-time.

Regional Segmentation

The regional segmentation of the global commercial airport baggage handling systems market covers North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA).

North America is one of the largest regional markets for the aviation industry as most people in this region, especially in the USA, prefer to travel by airplane. Key factors helping the market growth in this region include the presence of major market players, the huge volume of air traffic, high disposable income, and increasing adoption of the internet of things (IoT). Canada is the second largest country-specific market in this region.

In Latin America, the market is small as technologically, Latin America is lesser advanced than North America. Brazil and Mexico are the most significant country-specific markets in this region. Other countries of Latin America also contribute revenue to the market.

Europe is an important regional market due to a large number of airports, massive demand for airport upgrades, technological advancement, and a substantial share of the number of inbound & domestic travelers. The chief country-specific markets in this region are France, Germany, Italy, Russia, Turkey, and the UK.

In the Asia Pacific region, the market is booming as air travel is growing in countries like China, India, Japan, and Thailand. Other factors speeding up the market growth include technological innovations, intense competition, and rising disposable income in this region. Japan and South Korea are two other major country-specific markets in this region.

Although the market growth in MEA region is slow due to limited availability of technology, there are scopes for growth in the coming years due technologies such as the use of barcoding and RFID technology to manage the flow of the baggage and the emergence of robotic baggage handling along with hyper-personalization of connected devices. Consistent technology-based developments are also slowly helping market growth in this region. In the MEA region, the priority country-specific markets are Israel, Saudi Arabia, and the UAE.

Get More Information on Report @ https://www.marketresearchfuture.com/reports/commercial-airport-baggage-handling-systems-market-1269 

List of Tables

Table 1 Global Commercial Airport Baggage Handling Systems Market, by Region, 2018–2023 
Table 2 North America: Commercial Airport Baggage Handling Systems Market, by Country, 2018–2023 
Table 3 Europe: Commercial Airport Baggage Handling Systems Market, by Country, 2018–2023 
Table 4 Asia-pacific: Commercial Airport Baggage Handling Systems Market, by Country, 2018–2023 
Table 5 Middle East & Africa: Commercial Airport Baggage Handling Systems Market, by Country, 2018–2023 
Table 6 Latin America: Commercial Airport Baggage Handling Systems Market, by Country, 2018–2023 
Table 7 Global Commercial Airport Baggage Handling Systems Market, by Region, 2018–2023 
Table 8 North America: Commercial Airport Baggage Handling Systems Market, by Country, 2018–2023 
Table 9 Europe: Commercial Airport Baggage Handling Systems Market, by Country, 2018–2023 
Table 10 Asia-pacific: Commercial Airport Baggage Handling Systems Market, by Country, 2018–2023

Continued……..

List of Figures

Figure 1 Research Process of Mrfr 
Figure 2 Top-down & Bottom-up Approaches 
Figure 3 Market Dynamics 
Figure 4 Impact Analysis: Market Drivers 
Figure 5 Impact Analysis: Market Restraints 
Figure 6 Porter’s Five Forces Analysis 
Figure 7 Value Chain Analysis 
Figure 8 Global Commercial Airport Baggage Handling Systems Market Share, by Airport Class, 2017 (%) 
Figure 9 Global Commercial Airport Baggage Handling Systems Market, by Airport Class, 2018–2023 (Usd Million) 
Figure 10 Global Commercial Airport Baggage Handling Systems Market Share, by Technology, 2017 (%)

Continued………

Ask for your specific company profile and country level customization on reports.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

 

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/commercial-airport-baggage-handling-systems-market-1269