
Airport Baggage Handling System Market
Description
Airport Baggage Handling System Market
Growth Factors of Airport Baggage Handling System Market
The Airport Baggage Handling System market size was valued at USD 25.11 billion in 2023, and the market is now projected to grow from USD 32.64 billion in 2024 to USD 244.84 billion by 2032, exhibiting a CAGR of 28.6% during the forecast period of 2024-2032.
The aviation industry was being largely impacted by the unusual circumstances of the pandemic. The airport baggage handling system market growth was also impacted by a major decay in traveler working revenues because of diminished seats in all universal and territorial air terminals. Moreover, the income from China and Europe segments is anticipated to perform lower than anticipated, whereas the foundation enhancement is watched to boost the incomes for dealing with hardware players over the estimated time.
After the left up of lockdowns in the post-pandemic phase and the rise in worldwide and intra-travel passengers, the potential profit of the travelers is observed to develop the demand for airport logistics hardware. Furthermore, expanding visa-free nations will offer assistance to restore the net improvement advance of the nation by keeping up significant development within the economy. Too, considerable recuperation in airplane terminal travelers and low air travel cost patterns have raised the passage of modern aircraft administrators to the air travel industry.
Higher generated demand for the baggage 4.0 integration to the offices owing to a rise in government activities for updating existing facilities and development of new progressed robotized air terminal ventures. In addition, solid recuperation in airplane terminal traveler activity has put a stack on the operational capabilities of existing offices, hence driving the request for airport baggage dealing with frameworks for maintainable things administration, which powers the request for such hardware over the aviation industry.
Comprehensive Analysis of Airport Baggage Handling System Market
On the referral part of the type of segment, the market structure is divided into varied categories termed as conveyors, self-bag drop (SBD), sorters and destination coded vehicle (DCV). The type of segment playing a domineer in the market is governed to be the conveyer segment. The mode of operation of the airport baggage handling system market is further bifurcated into two categories manual and automated wherein the automated part is characterized to the dominant of both the mode of operations.
The continent of North America holding the most elevated airport baggage handling system market share amid the figure period is valued at a most promising valuation of USD 2.80 billion. The dominancy over the globe of the North American region is owing to developing ventures within the airplane terminal division, rise in expendable pay, and development in intra-travel over the U.S. and Canada.
Major players, such as Beumer Group (Germany), Fives (France), Siemens AG (Germany), ULMA Group (Spain), Alstef Group (France), Leonardo S.p.A (France), Toyota Industries Corporation (Japan), China International Marine Containers (Group) Ltd. (China), Daifuku Co. Ltd. (Japan) are locked in in exercises to move forward the item portfolio of air terminal stuff dealing with frameworks through progressed capabilities, including Baggage 4.0, robotization and expanding supply chain organize through development in expanded geographic areas.
In December 2022, Siemens Logistics, in association with nearby consortium T7 Worldwide BHD, procured the Kuala Lumpur air terminal extension venture, giving efficient erection, plan, establishment, and commissioning of an unused things taking care of framework.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 6.6% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Type
Destination-coded Vehicle (DCV)
Conveyors
Sorters
Self-bag Drop (SBD)
By Mode of Operation
Automated
Manual
By Region
North America (By Type, By Mode of Operation, and By Country)
- U.S.
- Midwest
- South
- West
- Canada
- Germany
- U.K.
- France
- Italy
- Spain
- Netherlands
- Russia
- Turkey
- Switzerland
- Rest of Europe
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- UAE
- Saudi Arabia
- South Africa
- Egypt
- Nigeria
- Kenya
- Morocco
- Rest of Middle East and Africa
- Mexico
- Brazil
- Colombia
- Peru
- Caribbean
- Dominican Republic
- Rest of Caribbean
- Rest of Latin America
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Table of Contents
160 Pages
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Value Chain Analysis
- 4. Market Dynamics
- 4.1. Macro and Micro Economic Indicators
- 4.2. Impact of COVID-19
- 5. Competition Landscape
- 5.1. Key Deals and Collaborations
- 5.2. Business Strategies Adopted By Key Players
- 5.3. Business Strengths of Key Players
- 5.4. Consolidated SWOT Analysis of Key Players
- 5.5. Global Airport Baggage Handling System Market Key Players Market Share/Ranking, 2022
- 6. Key Market Indicators
- 6.1. Europe (For Countries Listed in the Scope), 2022
- 6.1.1. Number of Airports
- 6.1.2. Number of Passengers
- 6.1.3. Airports Classification
- 6.2. Asia Pacific (For Countries Listed in the Scope), 2022
- 6.2.1. Number of Airports
- 6.2.2. Number of Passengers
- 6.2.3. Airports Classification
- 6.3. Middle East & Africa (For Countries Listed in the Scope), 2022
- 6.3.1. Number of Airports
- 6.3.2. Number of Passengers
- 6.3.3. Airports Classification
- 7. Global Airport Baggage Handling System Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
- 7.1. Key Findings
- 7.2. By Type (USD)
- 7.2.1. Destination-coded Vehicle (DCV)
- 7.2.2. Conveyors
- 7.2.3. Sorters
- 7.2.4. Self-bag Drop (SDB)
- 7.3. By Mode of Operation (USD)
- 7.3.1. Automated
- 7.3.2. Manual
- 7.4. By Region (USD)
- 7.4.1. North America
- 7.4.2. Europe
- 7.4.3. Asia Pacific
- 7.4.4. Middle East & Africa
- 7.4.5. Latin America
- 8. North America Airport Baggage Handling System Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
- 8.1. Key Findings
- 8.2. By Type (USD)
- 8.2.1. Destination-coded Vehicle (DCV)
- 8.2.2. Conveyors
- 8.2.3. Sorters
- 8.2.4. Self-bag Drop (SDB)
- 8.3. By Mode of Operation (USD)
- 8.3.1. Automated
- 8.3.2. Manual
- 8.4. By Country (USD)
- 8.4.1. U.S.
- 8.4.1.1. Northeast
- 8.4.1.2. Midwest
- 8.4.1.3. South
- 8.4.1.4. West
- 8.4.2. Canada
- 9. Europe Airport Baggage Handling System Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
- 9.1. Key Findings
- 9.2. By Type (USD)
- 9.2.1. Destination-coded Vehicle (DCV)
- 9.2.2. Conveyors
- 9.2.3. Sorters
- 9.2.4. Self-bag Drop (SDB)
- 9.3. By Mode of Operation (USD)
- 9.3.1. Automated
- 9.3.2. Manual
- 9.4. By Country (USD)
- 9.4.1. U.K.
- 9.4.2. Germany
- 9.4.3. France
- 9.4.4. Spain
- 9.4.5. Italy
- 9.4.6. Netherlands
- 9.4.7. Russia
- 9.4.8. Turkey
- 9.4.9. Switzerland
- 9.4.10. Rest of Europe
- 10. Asia Pacific Airport Baggage Handling System Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
- 10.1. Key Findings
- 10.2. By Type (USD)
- 10.2.1. Destination-coded Vehicle (DCV)
- 10.2.2. Conveyors
- 10.2.3. Sorters
- 10.2.4. Self-bag Drop (SDB)
- 10.3. By Mode of Operation (USD)
- 10.3.1. Automated
- 10.3.2. Manual
- 10.4. By Country (USD)
- 10.4.1. China
- 10.4.2. Japan
- 10.4.3. India
- 10.4.4. Southeast Asia
- 10.4.5. Rest of Asia Pacific
- 11. Middle East & Africa Airport Baggage Handling System Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
- 11.1. Key Findings
- 11.2. By Type (USD)
- 11.2.1. Destination-coded Vehicle (DCV)
- 11.2.2. Conveyors
- 11.2.3. Sorters
- 11.2.4. Self-bag Drop (SDB)
- 11.3. By Mode of Operation (USD)
- 11.3.1. Automated
- 11.3.2. Manual
- 11.4. By Country (USD)
- 11.4.1. UAE
- 11.4.2. Saudi Arabia
- 11.4.3. South Africa
- 11.4.4. Egypt
- 11.4.5. Nigeria
- 11.4.6. Kenya
- 11.4.7. Morocco
- 11.4.8. Rest of Middle East and Africa
- 12. Latin America Airport Baggage Handling System Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
- 12.1. Key Findings
- 12.2. By Type (USD)
- 12.2.1. Destination-coded Vehicle (DCV)
- 12.2.2. Conveyors
- 12.2.3. Sorters
- 12.2.4. Self-bag Drop (SDB)
- 12.3. By Mode of Operation (USD)
- 12.3.1. Automated
- 12.3.2. Manual
- 12.4. By Country (USD)
- 12.4.1. Mexico
- 12.4.2. Brazil
- 12.4.3. Colombia
- 12.4.4. Peru
- 12.4.5. Caribbean
- 12.4.5.1. Puerto Rico
- 12.4.5.2. Dominical Republic
- 12.4.5.3. Rest of Caribbean
- 12.4.6. Rest of Latin America
- 13. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 13.1. Alstef Group
- 13.1.1. Overview
- 13.1.1.1. Key Management
- 13.1.1.2. Headquarters
- 13.1.1.3. Offerings/Business Segments
- 13.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 13.1.2.1. Employee Size
- 13.1.2.2. Past and Current Revenue
- 13.1.2.3. Geographical Share
- 13.1.2.4. Business Segment Share
- 13.1.2.5. Recent Developments
- 13.2. Beumer Group
- 13.2.1. Overview
- 13.2.1.1. Key Management
- 13.2.1.2. Headquarters
- 13.2.1.3. Offerings/Business Segments
- 13.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 13.2.2.1. Employee Size
- 13.2.2.2. Past and Current Revenue
- 13.2.2.3. Geographical Share
- 13.2.2.4. Business Segment Share
- 13.2.2.5. Recent Developments
- 13.3. China International Marine Containers (Group) Ltd
- 13.3.1. Overview
- 13.3.1.1. Key Management
- 13.3.1.2. Headquarters
- 13.3.1.3. Offerings/Business Segments
- 13.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 13.3.2.1. Employee Size
- 13.3.2.2. Past and Current Revenue
- 13.3.2.3. Geographical Share
- 13.3.2.4. Business Segment Share
- 13.3.2.5. Recent Developments
- 13.4. C I Matec Logistica S A S
- 13.4.1. Overview
- 13.4.1.1. Key Management
- 13.4.1.2. Headquarters
- 13.4.1.3. Offerings/Business Segments
- 13.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 13.4.2.1. Employee Size
- 13.4.2.2. Past and Current Revenue
- 13.4.2.3. Geographical Share
- 13.4.2.4. Business Segment Share
- 13.4.2.5. Recent Developments
- 13.5. Daifuku Co. Ltd
- 13.5.1. Overview
- 13.5.1.1. Key Management
- 13.5.1.2. Headquarters
- 13.5.1.3. Offerings/Business Segments
- 13.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 13.5.2.1. Employee Size
- 13.5.2.2. Past and Current Revenue
- 13.5.2.3. Geographical Share
- 13.5.2.4. Business Segment Share
- 13.5.2.5. Recent Developments
- 13.6. Fives
- 13.6.1. Overview
- 13.6.1.1. Key Management
- 13.6.1.2. Headquarters
- 13.6.1.3. Offerings/Business Segments
- 13.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 13.6.2.1. Employee Size
- 13.6.2.2. Past and Current Revenue
- 13.6.2.3. Geographical Share
- 13.6.2.4. Business Segment Share
- 13.6.2.5. Recent Developments
- 13.7. Leonardo S.p.A.
- 13.7.1. Overview
- 13.7.1.1. Key Management
- 13.7.1.2. Headquarters
- 13.7.1.3. Offerings/Business Segments
- 13.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 13.7.2.1. Employee Size
- 13.7.2.2. Past and Current Revenue
- 13.7.2.3. Geographical Share
- 13.7.2.4. Business Segment Share
- 13.7.2.5. Recent Developments
- 13.8. Siemens AG
- 13.8.1. Overview
- 13.8.1.1. Key Management
- 13.8.1.2. Headquarters
- 13.8.1.3. Offerings/Business Segments
- 13.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 13.8.2.1. Employee Size
- 13.8.2.2. Past and Current Revenue
- 13.8.2.3. Geographical Share
- 13.8.2.4. Business Segment Share
- 13.8.2.5. Recent Developments
- 13.9. Toyota Industries Corporation
- 13.9.1. Overview
- 13.9.1.1. Key Management
- 13.9.1.2. Headquarters
- 13.9.1.3. Offerings/Business Segments
- 13.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 13.9.2.1. Employee Size
- 13.9.2.2. Past and Current Revenue
- 13.9.2.3. Geographical Share
- 13.9.2.4. Business Segment Share
- 13.9.2.5. Recent Developments
- 13.10. ULMA Group
- 13.10.1. Overview
- 13.10.1.1. Key Management
- 13.10.1.2. Headquarters
- 13.10.1.3. Offerings/Business Segments
- 13.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 13.10.2.1. Employee Size
- 13.10.2.2. Past and Current Revenue
- 13.10.2.3. Geographical Share
- 13.10.2.4. Business Segment Share
- 13.10.2.5. Recent Developments
Pricing
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