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.

𝐓𝐡𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞- 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.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

𝐃𝐫𝐢𝐯𝐞𝐫: 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐒𝐞𝐥𝐟-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐝𝐮𝐞 𝐭𝐨 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐏𝐚𝐬𝐬𝐞𝐧𝐠𝐞𝐫 𝐓𝐫𝐚𝐟𝐟𝐢𝐜

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.

𝐓𝐨𝐩 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐁𝐚𝐠𝐠𝐚𝐠𝐞 𝐇𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

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

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐞 𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐁𝐚𝐠𝐠𝐚𝐠𝐞 𝐇𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭:- https://www.astuteanalytica.com/industry-report/airport-baggage-handling-systems-market

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

𝐁𝐲 𝐓𝐲𝐩𝐞

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

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭@- https://www.astuteanalytica.com/request-sample/airport-baggage-handling-systems-market

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