Press release
Airport Baggage Handling Systems Market 2016-2021: Study Growth Factors, Types and Segments with Upcoming Opportunities
The Global Airport Baggage Handling Systems is expected to grow at a CAGR of around 7.56% during 2016-2021.Market Synopsis
The global Airport Baggage Handling Systems Market is expected to grow at a CAGR of around 7.56% during 2016-2021. This growth is driven due to increasing air traffic, up gradation and modernization of airports. As per the MRFR analysis, increasing focus on airport efficiency and focus on customer satisfaction are some of the other factors that are significantly contributing to the growth of the market.
Key Findings
• Airport construction and terminal expansion projects are the key factors driving the market
• Utilization of technology (such as RFID) for airport baggage handling processes has been growing
• In 2014, 24.1 million airport passenger bag was mishandled, which cost the industry $2.4 billion
• APAC will grow at a CAGR of around 10% in the forecast period, followed by Americas and EMEA with good CAGR respectively
Key Player
• Vanderlande Industries
• Daifuku Company Ltd
• Siemens AG
• Pteris Global Limited
• Beumer Group
• Grenzebach Maschinenbau GMBH
• Fives Group
• BCS Group
• G&S Airport Conveyor
• Logplan LLC
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Market Segmentation
By Airport Class
o A
o B
o C
By Technology
o Barcode
o RFID
By Service
o Self-Service
o Assisted-Service
By Type
o Conveyors
o Destination-Coded
o Vehicles
By Geography
o Americas (North & Latin)
o Europe
o Asia – Pacific
o Middle East & Africa
Regional Analysis
Asia Pacific is leading the global market with around 40% market share and will remain the dominant player during forecast period. As per the estimates, the region would have an annual average growth of 6.3% in passenger traffic for the next 20 years. It is estimated that almost 50% of global air passenger’s traffic over the next 20 years will originate from APAC. These factors will boost the demand for airport baggage handling systems market.
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Table of Content
1. Introduction
1.1 Report Description
1.2 Research Objective
2. Executive Summary
2.1 Key Findings / Highlights
2.1.1 Investment Opportunities
2.1.2 Market Strategies
2.1.3 Latest Developments
3. Scope of the Study
3.1 Markets Covered
3.2 Years Considered For the Study (2016-2021)
3.2 Geographic Scope
3.3 Key Stakeholders
4. Assumptions and Limitations
5. Research Methodology
5.1 Primary Research
5.2 Secondary Research
5.3 Econometric and Forecasting Model
6. Market Size Estimation
6.1 Top down Approach
6.2 Bottom up Approach
7. Market Factor Analysis
7.1 Value Chain Analysis
7.2 Supply Chain Analysis
7.3 Porter's Five Forces Analysis
8. Market Dynamics
8.1 Drivers
8.2 Restraints
8.3 Opportunities
8.4 Trends
9. Market Segmentation
9.1 By Airport Class
9.2 By Technology
9.3 By Service
9.4 Geography
Continue…………..
This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Airport BHS Market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.
Related Report
Global Air Cargo Security Screening Market Information Report by technology (Explosive Trace Detection (ETD), X-ray and Explosive Detection System (EDS)), and by Geography- Forecast to 2021 https://www.marketresearchfuture.com/reports/air-cargo-security-screening-market
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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