According to new market research, "Airport Baggage Handling Systems Market by Sorting Systems (Barcode Systems, RFID Systems, and Vacuum Systems), by Belts (Flat, Angular, and Vertical), and by Geography (North America, Latin America, Asia-Pacific, Middle East, and Africa) - Forecast Analysis to 2013 - 2020" the global baggage handling system market size is expected to grow from $23.31 billion in 2013 to $37.86 billion by 2020, at a CAGR of 7.17% from 2013 to 2020.
Browse 70 market tables and 39 figures spread through 172 pages on "Commercial Airport Baggage Handling Systems Market”.
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The report provides an in-depth analysis of the present industry size and growth prospects during the forecast period, which includes highlights of key growth stimulators. It further benchmarks the industry against key global markets and provides a detailed understanding of the emerging opportunities in specific areas such as sorting systems and RFID technology.Technological advanced baggage handling systems aids the baggage handling and ground support personnel improve the flight turnaround times. The efficiency attained by the automated baggage handling system ensures that the right bag goes to the right plane to the right person, which helps increase the passenger satisfaction.
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The BHS market is dependent on the airport and airline development. These developments will lead to an increase in air passenger traffic, expansion of passenger terminals, the construction of new airports or terminals, the construction of new runway, and others. The occurrence of any major event such as the FIFA World Cup, Commonwealth Games, and others also give rise to the need for airport expansion in a particular country. This expansions benefit the market for the airport baggage handling systems.
Regions such as Africa and the Middle East have recorded high success rates in BHS attributed to the continuous improvements by the airlines, which include investments in new baggage equipment, better technology, and training. The rate of baggage mishandling has come down during the review period, benefitting both consumers and airlines alike.
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Siemens (Germany), Vanderlande (The Netherlands), Beumer-Crisplant (Germany), Glidepath (New Zealand), Daifuku (Japan), BCS (New Zealand), Pteris Global (Singapore), and G&S Airport Conveyor (U.S.) are the main players for the airport BHS market. The demand for airport baggage handling systems has increased and is expected to increase from the Middle East and China, due to the heavy expansion strategy that is followed in these regions.
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