Press release
Smart Luggage Market is Booming Worldwide with Key Players: Bluesmart, Delsey, Samsonite, Away, Trunkster, Reden, Barracuda, Lugloc, Samsara, Away
Smart luggage market is likely to emerge as one of most remunerative business spheres in the ensuing years. Companies partaking in smart luggage industry share have been hinting at incorporating a lot more user-friendly features in their products, which would considerably impel this business space.The growth of smart luggage market can be majorly credited to this fundamental shift in perspective. With the growing demand for diversified high-end luggage, many trendy products equipped with smart features have sprung up in recent years. One of the very latest breakthrough technologies that has taken the industry by storm is Travelmate suitcase. This fully automated robotic companion, is claimed to be the first of its kind that completely lives up to name.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Away
2. Barracuda
3. Bluesmart
4. DELSEY Paris
5. LugLoc
6. N?it
7. Reden International
8. RIMOWA
9. Samsara, Inc
10. Samsonite
Smart luggage market probably being the next to gain remarkable proceeds by these technological advancements. The testimony of the fact is the sizable share of USD 630 million having recorded by the smart luggage industry in 2016. Over the past few years, sustainable and smart knowhows have provided a significant impetus to global technology marketplace, and the growth chart asserts a linear adoption curve for smart devices in the coming years.
Speaking about the geographical aspect, Asia Pacific is expected to mark a strong foothold in the smart luggage industry. The substantial macro-economic development of APAC countries such as China, Japan, India coupled with the escalating urban population base has significantly driven the regional smart luggage market share. With a large tourist footfall in regions like Malaysia and Singapore, APAC smart luggage industry size is sure to widen its horizon in the coming years.
North America, being one of the hubs of smart technology, is a profitable growth avenue for smart luggage market. The large-scale deployment of connected baggage has prompted companies to brainstorm and develop innovative products, which would considerably impel North America smart luggage industry.
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