Airport Baggage Handling System Market Growth, Trends, Size, Revenue, Scope and Future Outlook
Airport Baggage Handling System Market Size- By Airport Class, By Service, By Type, By Technology, By Mode of Operation- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: AERO2409 | Pages: 1 - 209 | Formats*: |
| Category : Aerospace and Defence | |||
Airport Baggage Handling System Market Introduction and Overview
According to SPER Market Research, the Global Airport Baggage Handling System Market is estimated to reach USD 5.56 billion by 2033 with a CAGR of 13.17%.
The report includes an in-depth analysis of the Global Airport Baggage Handling System Market, including market size and trends, product mix, applications, and supplier analysis. A conveyor system known as a baggage handling system is used in airports to move checked baggage from ticket counters to locations where it is loaded onto aircraft. Additionally, a baggage handling system moves checked luggage from aircraft to a location where it can be loaded onto another aircraft or to baggage claim. One cannot stress the need of having a strong and advanced system as airport passenger loads rise. An effective system that is well-designed and run reduces traffic jams and delays and is essential to airport security in general.
- July 2023; The collaboration between Siemens and BayWa AG to promote CO2-optimized industrial production was announced.
- September 2022; Vanderlande declared that it will investigate last-mile luggage automation in partnership with Avinor.
Market Opportunities and Challenges
The expected increase in air travel is what is driving the global market for airport baggage handling systems. Technological developments and the upgrading of new airports also contribute to the market's expansion. At the upcoming years, the market is anticipated to see significant development prospects due to the deployment of robotization at airports. The baggage handling system (BHS) has substantial upfront and ongoing costs, and system failure can have severe repercussions that limit market expansion. Due to industry constraints brought forth by rising operating expenses, luggage handling systems are anticipated to grow relatively slowly. Additionally, airports with high passenger volumes need greater operational capacity to manage passengers' luggage and belongings, which would short-term constrain the industry.
Market Competitive Landscape
Leading businesses are bolstering the market with their technological know-how, industrial knowledge, and creative solutions. By creating environmentally friendly, energy-efficient solutions, the businesses also prioritise sustainability. The major players in the Global Airport Baggage Handling System Market include: Ansir Systems, Babcock International Group, Beumer Group, Daifuku Co., Ltd, Fives Group, G&S Airport Conveyor, Grenzebach Maschinenbau, Logplan, Pteris Global, Siemens and others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Airport Class, By Service, By Type, By Technology, By Mode of Operation |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Ansir Systems, Babcock International Group, Beumer Group, Daifuku Co., Ltd, Fives Group, G&S Airport Conveyor, Grenzebach Maschinenbau, Logplan, Pteris Global, Siemens and others |
COVID-19 Impact on Global Airport Baggage Handling System Market
Due to a reduction in seats at all international and regional airports, the COVID-19 pandemic had a significant negative impact on the aviation sector, resulting in a significant drop in passenger operating revenues. Additionally, it is anticipated that the revenue from the China and European markets will perform below expectations, while handling equipment players' sales are predicted to increase throughout the forecast period due to improvements in infrastructure. Therefore, it is anticipated that in 2023, 2024, and 2025, regular economic growth which was significantly altered by the COVID crisis may alter.
Key Target Audience:
- Airport Authorities
- Airlines
- Ground Handling Service Providers
- Aviation Technology Suppliers
- System Integrations
- Consultants
Our in-depth analysis of the Airport Baggage Handling System Market includes the following segments:
| By Airport Class: |
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| By Service: |
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| By Type: |
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| By Technology: |
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| By Mode of Operation: |
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Key Topics Covered in the Report:
- Global Airport Baggage Handling System Market Size (FY’2023-FY’2033)
- Overview of Global Airport Baggage Handling System Market
- Segmentation of Global Airport Baggage Handling System Market By Airport Class (Class A, Class B, Class C)
- Segmentation of Global Airport Baggage Handling System Market By Service (Assisted Service, Self-Service)
- Segmentation of Global Airport Baggage Handling System Market By Type (Conveyor, Destination Coded Vehicle, Self-bag Drop, Sorter)
- Segmentation of Global Airport Baggage Handling System Market By Technology (Barcode, RFID)
- Segmentation of Global Airport Baggage Handling System Market By Mode of Operation (Automated, Manual)
- Statistical Snap of Global Airport Baggage Handling System Market
- Expansion Analysis of Global Airport Baggage Handling System Market
- Problems and Obstacles in Global Airport Baggage Handling System Market
- Competitive Landscape in the Global Airport Baggage Handling System Market
- Impact of COVID-19 and Demonetization on Global Airport Baggage Handling System Market
- Details on Current Investment in Global Airport Baggage Handling System Market
- Competitive Analysis of Global Airport Baggage Handling System Market
- Prominent Players in the Global Airport Baggage Handling System Market
- SWOT Analysis of Global Airport Baggage Handling System Market
- Global Airport Baggage Handling System Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Airport Baggage Handling System Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Airport Baggage Handling System Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Airport Baggage Handling System Market
7. Global Airport Baggage Handling System Market, By Airport Class (USD Million)
7.1. Global Airport Baggage Handling System Market Value Share and Forecast, By Airport Class, 2023-20337.2. Class A7.3. Class B7.4. Class C
8. Global Airport Baggage Handling System Market, By Service (USD Million)
8.1. Global Airport Baggage Handling System Market Value Share and Forecast, By Service, 2023-20338.2. Assisted Service8.3. Self-Service
9. Global Airport Baggage Handling System Market, By Type (USD Million)
9.1. Global Airport Baggage Handling System Market Value Share and Forecast, By Type, 2023-20339.2. Conveyor9.3. Destination Coded Vehicle9.4. Self-bag Drop9.5. Sorter
10. Global Airport Baggage Handling System Market, By Technology (USD Million)
10.1. Global Airport Baggage Handling System Market Value Share and Forecast, By Technology, 2023-203310.2. Barcode10.3. RFID
11. Global Airport Baggage Handling System Market, By Mode of Operation (USD Millions)
11.1. Global Airport Baggage Handling System Market Value Share and Forecast, By Mode of Operation, 2023-203311.2. Automated11.3. Manual
12. Global Airport Baggage Handling System Market Forecast, 2019-2033 (USD Million)
12.1. Global Airport Baggage Handling System Market Size and Market Share
13. Global Airport Baggage Handling System Market, By Airport Class 2019-2033 (USD Million)
13.1. Global Airport Baggage Handling System Market Size and Market Share By Airport Class (2019-2026)13.2. Global Airport Baggage Handling System Market Size and Market Share By Airport Class (2027-2033)
14. Global Airport Baggage Handling System Market, By Service, 2019-2033 (USD Million)
14.1. Global Airport Baggage Handling System Market Size and Market Share By Technology (2019-2026)14.2. Global Airport Baggage Handling System Market Size and Market Share By Technology (2027-2033)
15. Global Airport Baggage Handling System Market, By Type, 2019-2033 (USD Million)
15.1. Global Airport Baggage Handling System Market Size and Market Share By Recovered Metal (2019-2026)15.2. Global Airport Baggage Handling System Market Size and Market Share By Recovered Metal (2027-2033)
16. Global Airport Baggage Handling System Market, By Technology, 2019-2033 (USD Million)
16.1. Global Airport Baggage Handling System Market Size and Market Share By Application (2019-2026)16.2. Global Airport Baggage Handling System Market Size and Market Share By Application (2027-2033)
17. Global Airport Baggage Handling System Market, By Mode of Operation, 2019-2033 (USD Million)
17.1. Global Airport Baggage Handling System Market Size and Market Share By Battery Type (2019-2026)17.2. Global Airport Baggage Handling System Market Size and Market Share By Battery Type (2027-2033)
18. Global Airport Baggage Handling System Market, By Region, 2019-2033 (USD Million)
18.1. Global Airport Baggage Handling System Market Size and Market Share By Region (2019-2026)18.2. Global Airport Baggage Handling System Market Size and Market Share By Region (2027-2033)18.3. Asia-Pacific18.3.1. Australia18.3.2. China18.3.3. India18.3.4. Japan18.3.5. South Korea18.3.6. Rest of Asia-Pacific18.4. Europe18.4.1. France18.4.2. Germany18.4.3. Italy18.4.4. Spain18.4.5. United Kingdom18.4.6. Rest of Europe18.5. Middle East and Africa18.5.1. Kingdom of Saudi Arabia18.5.2. United Arab Emirates18.5.3. Rest of Middle East & Africa18.6. North America18.6.1. Canada18.6.2. Mexico18.6.3. United States18.7. Latin America18.7.1. Argentina18.7.2. Brazil
18.7.3. Rest of Latin America
19. Company Profile
19.1. Ansir Systems19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments19.2. Babcock International Group19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments19.3. Beumer Group19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments19.4. Daifuku Co., Ltd19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments19.5. Fives Group19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments19.6. G&S Airport Conveyor19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments19.7. Grenzebach Maschinenbau19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments19.8. Logplan19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments19.9. Pteris Global19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments19.10. Siemens19.10.1. Company details19.10.2. Financial outlook19.10.3. Product summary19.10.4. Recent developments19.11. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Airport Baggage Handling System Market is projected to reach USD 5.56 billion by 2033, growing at a CAGR of 13.17% during the forecast period.
Airport Baggage Handling System Market size from 2022. The Market is expected to reach USD 5.56 billion by 2033, at a CAGR of 13.17% during the forecast period.
Airport Baggage Handling System Market CAGR of 13.17% during the forecast period.
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Airport Baggage Handling System Market size is 5.56 billion from 2023 to 2033.
Airport Baggage Handling System Market Segment is covered By Airport Class, By Service, By Type, By Technology, By Mode of Operation.
The North America is anticipated to have the highest market share in the Airport Baggage Handling System Market.
"The key players in the market include Companies Covered Ansir Systems, Babcock International Group, Beumer Group, Daifuku Co., Ltd, Fives Group, G&S Airport Conveyor, Grenzebach Maschinenbau, Logplan, Pteris Global, Siemens and others."
A conveyor system known as a baggage handling system is used in airports to move checked baggage from ticket counters to locations where it is loaded onto aircraft. Additionally.
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