Press release
Global Airport Handling System Market: Top Impacting Factor, Applications
The global Airport Baggage Handling System Market was valued at $8,504.2 million in 2017, and is projected to reach $14,509.9 million by 2025, registering a CAGR of 6.7% from 2018 to 2025. North America was the highest contributor to the global market, registering a CAGR of 6.3% during the forecast period.
Airports and airlines invest heavily in baggage handling technology with the increase in number of air passengers. This also helps cater passenger experience and airport operations, which in turn drive the growth of the global airport handling system market.
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Top Impacting Factors:
• Anticipated growth in air travel
• Renewal of Airports
• Technological Advancements
• High upfront and maintenance cost of baggage handling system (BHS)
• Utilization of robotization in the airports
Key Market Segments:
• Market by Airport Class
• Market by Service
• Market by Type
• Market by Technology
• Market by Region
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Major Key Player:
The key players operating in the global airport baggage handling system market include Siemens AG, Beumer Group, G&S Airport Conveyor, Vanderlande Industries B.V., Daifuku Co. Ltd., Pteris Global Limited, Fives Group, Grenzebach Group, Logplan LLC, and Glidepath Group.
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