Press release
Global Airport Baggage Handling Systems Market Poised for Growth, Expected to Reach US$ 13.05 Billion by 2032 | Astute Analytica
The global airport baggage handling systems market, valued at US$ 7.30 billion in 2023, is projected to witness significant growth, reaching a market size of US$ 13.05 billion by 2032. This growth is driven by a compound annual growth rate (CAGR) of 6.67% during the forecast period of 2024 to 2032.๐๐ก๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐- https://www.astuteanalytica.com/request-sample/airport-baggage-handling-systems-market
The rise in air travel across the globe, coupled with advancements in airport infrastructure, is contributing to the increasing demand for efficient baggage handling systems. Airports are focusing on improving operational efficiency and passenger experience, fueling the adoption of modern baggage handling solutions.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐ข๐ฏ๐๐ซ: ๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ฅ๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐๐ฎ๐ ๐ญ๐จ ๐๐ง๐๐ซ๐๐๐ฌ๐๐ ๐๐๐ฌ๐ฌ๐๐ง๐ ๐๐ซ ๐๐ซ๐๐๐๐ข๐
In the global airport baggage handling systems market, one particularly pronounced driver has been the dynamic adoption of automation and self-service systems. This has been spurred predominantly by the meteoric rise in passenger traffic. A report from the International Air Transport Association (IATA) forecasted that passenger numbers could double to 8.2 billion by 2037. With this massive influx, manual baggage handling procedures become increasingly impractical and inefficient.
To cope, airports have been implementing self-bag drop systems at an impressive pace. Data from 2021 indicated that over 60% of international airports either had such systems in place or had concrete plans for implementation within the subsequent year. Furthermore, a study revealed that passengers themselves are showing a marked preference for self-service options, with 77% having access to self-tagging options by 2019, a significant uptick from just a few years prior.
The financial aspect of this driver in the global airport baggage handling systems market is also compelling. The cost savings from reducing human intervention in the baggage handling process can be substantial. Airports with a capacity to handle over 30 million passengers annually saw an operational cost reduction of up to 20% with the integration of modern automated baggage systems. Considering that mishandled baggage costs the industry approximately $2.5 billion annually, the financial impetus for airports to transition to automated systems is crystal clear.
๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ซ๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ ๐๐ ๐ ๐๐๐ง๐๐ฅ๐ข๐ง๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Beumer Group
Daifuku Co. Ltd.
Fives Group
G&S Airport Conveyor
Glidepath Group
Grenzebach Group
Logplan LLC
Pteris Global Limited (CIMC Group)
Siemens AG
Vanderlande Industries B.V.
Other Prominent Players
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ ๐๐ข๐ซ๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ ๐๐ ๐ ๐๐๐ง๐๐ฅ๐ข๐ง๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐๐จ๐ง๐ญ๐๐๐ญ:- https://www.astuteanalytica.com/industry-report/airport-baggage-handling-systems-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐ฒ๐ฉ๐
Conveyor
Destination Coded Vehicle (DCV)
By Solution
Security Screening Systems
Transportation, Sortation, and Storage Systems
Reclaim Systems
By Airport Class
Class A
Class B
Class C
Others
By Tracking Technology
Barcode System
RFID System
By Check-in Service Type
Assisted Service
Self-Service
By Region
North America
The US
Canada
Mexico
Europe
The UK
Germany
France
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Australia & New Zealand
Korea
ASEAN
Rest of Asia Pacific
South America
Argentina
Brazil
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/airport-baggage-handling-systems-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ๐ญ๐ฎ๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
๐๐๐ญ ๐ข๐ง ๐ญ๐จ๐ฎ๐๐ก ๐ฐ๐ข๐ญ๐ก ๐ฎ๐ฌ
๐๐ก๐จ๐ง๐ ๐ง๐ฎ๐ฆ๐๐๐ซ: +18884296757
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