Global Airport Baggage Handling System Market (2021-2026) by Type, Service, Texture, Application and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
Introduction
The Global Airport Baggage Handling System Market is estimated to be USD 10.5 Bn in 2021 and is expected to reach USD 17.22 Bn by 2026, growing at a CAGR of 10.4 %.
Market Dynamics
The factors such as increasing air passenger volume and cargo traffic, low airfares, rising disposable income, the scope of multimode transport, and rising tourism industry have prompted the demand for airport baggage handling systems. In addition, increased uses of technology advancement to increase the efficiency of the operation and the growing trend of self-service baggage process further drive market growth. The airport operation looks to avoid flight delays and reduce customer waiting time to improve customer satisfaction. The Government and private investment to upgrade the baggage handling system pave the way for several growth opportunities for the market. However, the high investment cost of the airport and high maintenance cost is hampering the market growth. In addition, security risk and system failure are significant challenges of the market.
New innovations in the robotics and airport operation system and new aviation infrastructure are expected to generate untapped market participants.
Market Segmentation
The Global Airport Baggage Handling System Market is segmented based on Type, Service, Texture, Application and Geography.
By Type, the market is classified as conveyors and destination-coded vehicles. Amongst the two, the conveyors segment is estimated to hold the highest market share.
By Service, the market is classified as self-service and assisted-service. Amongst all, the assisted service segment is estimated to hold the highest market share during the forecast period.
By Identification Technology, the market is classified as barcode and RFID. Amongst the two, the barcode segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. Siemens has launched the SINAMICS G115D, a drive system specifically designed for horizontal conveyor applications. – 21st April 2021.
2. Siemens Logistics completes baggage handling system enhancement at Bergamo Airport, increasing baggage handling capacity by more than 50%– 13th April 2021.
3. BEUMER Group partners with the start-up company Codept is a cloud-based logistic platform for e-commerce. – 13th April 2021.
Company Profiles
Some of the companies covered in this report are Siemens AG, SITA, Vanderlande Industries B.V., and Beumer Group GmbH & Co. KG etc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Airport Baggage Handling System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.
Report Highlights:
A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
- 1 Report Description
- 1.1 Study Objectives
- 1.2 Market Definition
- 1.3 Currency
- 1.4 Years Considered
- 1.5 Language
- 1.6 Key Shareholders
- 2 Research Methodology
- 2.1 Research Process
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Size Estimation
- 2.4 Assumptions of the Study
- 2.5 Limitations of the Study
- 3 Executive Summary
- 4 Market Overview
- 4.1 Introduction
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.1.1 Increasing Modernization of Airport
- 4.2.1.2 Upsurge In Number of Air Passengers and Tourism Industry
- 4.2.2 Restraints
- 4.2.2.1 High Invest Cost and Maintenance Cost
- 4.2.2.2 Technical Skilled Person Required
- 4.2.3 Opportunities
- 4.2.3.1 Innovation in Robotics and IT Software
- 4.2.3.2 Government And Private Investment in New Airports or Terminal Expansions
- 4.2.4 Challenges
- 4.2.4.1 Security Risk and System Failure
- 4.3 Trends
- 5 Market Analysis
- 5.1 Porter’s Five Forces Analysis
- 5.2 Impact of COVID-19
- 5.3 Ansoff Matrix Analysis
- 6 Global Airport Baggage Handling System Market, By Type
- 6.1 Introduction
- 6.2 Conveyors
- 6.3 Destination-Coded Vehicles
- 7 Global Airport Baggage Handling System Market, By Service
- 7.1 Introduction
- 7.2 Assisted-Service
- 7.3 Self-Service
- 8 Global Airport Baggage Handling System Market, By Identification Technology
- 8.1 Introduction
- 8.2 Barcode
- 8.3 RFID (Radio Frequency Identification)
- 9 Global Airport Baggage Handling System Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 South America
- 9.3.1 Brazil
- 9.3.2 Argentina
- 9.4 Europe
- 9.4.1 UK
- 9.4.2 France
- 9.4.3 Germany
- 9.4.4 Italy
- 9.4.5 Spain
- 9.4.6 Rest of Europe
- 9.5 Asia-Pacific
- 9.5.1 China
- 9.5.2 Japan
- 9.5.3 India
- 9.5.4 Indonesia
- 9.5.5 Malaysia
- 9.5.6 South Korea
- 9.5.7 Australia
- 9.5.8 Russia
- 9.5.9 Rest of APAC
- 9.6 Rest of the World
- 9.6.1 Qatar
- 9.6.2 Saudi Arabia
- 9.6.3 South Africa
- 9.6.4 United Arab Emirates
- 9.6.5 Latin America
- 10 Competitive Landscape
- 10.1 IGR Competitive Quadrant
- 10.2 Market Share Analysis
- 10.3 Competitive Scenario
- 10.3.1 Mergers & Acquisitions
- 10.3.2 Agreement, Collaborations, & Partnerships
- 10.3.3 New Product Launches & Enhancements
- 10.3.4 Investments & Funding
- 11 Company Profiles
- 11.1 Absolute GSE, Inc.
- 11.2 Ansir Systems
- 11.3 Aversan Inc.
- 11.4 Babcock Airports Ltd.
- 11.5 BCS Group
- 11.6 Beumer Group GmbH & Co. KG
- 11.7 Cage Inc.
- 11.8 Conveyor & Automation Technologies, Inc.
- 11.9 Crisplant
- 11.10 Daifuku Co., Ltd.
- 11.11 G&S Airport Conveyor
- 11.12 Glidepath Group
- 11.13 Grenzebach Maschinenbau GmbH
- 11.14 KieTek International, Inc.
- 11.15 Logplan LLC.
- 11.16 Omega Aviation Services, Inc.
- 11.17 Pteris Global Limited
- 11.18 Siemens AG
- 11.19 SITA
- 11.20 Vanderlande Industries B.V.
- 12 Appendix
- 12.1 Questionnaire
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