Baggage Handling Systems Market 2023 Driving Factors Forecast Research 2029

Baggage handling systems market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period. Expansion of marine tourism sector along with increase in air passenger traffic has been driving the global baggage handling systems market. The majority of airport authorities are investing in airport infrastructure renewal to provide passengers with a better level of comfort and baggage management. Furthermore, the use of technologies such as radio-frequency identification (RFID) and destination-coded vehicle system (DCV) is assisting the market's expansion. According to the International Air Transport Association (IATA) and SITA (a baggage handling system manufacturer), global RFID implementation could save the airline industry around $2.8 billion over the next seven years.

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The global baggage handling systems market is segmented based on mode of transport, tracking technology, check-in service type, and solution. Based on mode of transport, the market is sub-segmented into airport, railway, and marine. Based on tracking technology, the market is divided into barcode system and RFID system. Based on check-in service type, the market is augmented into self check-in and assisted check-in. Further, based on solution, the market is sub-segmented into check-in, screening, & loading, conveying & sorting, unloading & reclaim. Among the tracking technology, the RFID system sub-segment is expected to hold a considerable share of the market owing to the growing incidence of thefts, which has pushed the deployment of RFID systems at various places including malls, shopping stores, airports, and others.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Baggage Handling Systems Market by Mode of Transport
o Airport
o Railway
o Marine

Global Baggage Handling Systems Market by Tracking Technology
o Barcode System
o RFID System

Global Baggage Handling Systems Market by Check-in Service Type
o Assisted Service
o Self Service

Global Baggage Handling Systems Market by Solution
o Check-in, Screening, & Loading
o Conveying & Sorting
o Unloading & Reclaim

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Air+MAK Industries Inc.
o ALSTEF Group
o ALVEST
o Ansir Systems
o Cavotec SA
o Celebi Airport Services India Pvt. Ltd.
o CIMC TianDa Holdings Co. Ltd
o Daifuku Co. Ltd
o Fives SAS
o G&S Airport Conveyer
o Ground Support Specialists LLC
o Pteris Global Ltd.
o SATS Ltd.
o Textron Inc.
o Tronair Inc.
o Vestergaard Co.

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global baggage handling systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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