Global Baggage Handling System is expected to foresee significant growth. APAC to lead the growth!
- Vikas Kumar
- November 27, 2023
- AUTOMOTIVE, NEWS
- Baggage Handling System, Baggage Handling System Market, Baggage Handling System Market analysis, Baggage Handling System Market growth, Baggage Handling System Market share, Baggage Handling System Market trends
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A baggage handling system (BHS) is an automated system designed to efficiently transport, sort and track luggage, packages and other items, typically used in airports and train stations. The BHS usually consists of conveyors, scanning systems, sortation devices, and storage facilities. Rising demand for efficient and automated baggage handling systems and growing focus on reducing passenger wait times and improving baggage handling processes are a few factors due to which the market of baggage handling systems is expanding. Additionally, Stringent government regulations for airport security are the reasons which are causing the market to grow globally in every region.
The Baggage Handling System Market is expected to grow at a steady rate of around 7% owing to the increase in travel of individuals for luxury and business trips across the different regions. Major companies in the market offer baggage handling systems with technologically advanced features. For instance, The Noida International Airport (NIA) currently being built in Jewar, India, has selected Siemens Logistics’ VarioTray baggage handling system (BHS). Under the contract, Siemens Logistics will deploy its BagIQ control software to provide intelligent baggage process control across the entire BHS. The software uses advanced architecture to facilitate the routing of all bags and data coordination in the airport ecosystem.
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On the basis of technology type, the baggage handling system market is categorized into Radio-Frequency Identification (RFID) and Barcode. Among these, Radio-Frequency Identification (RFID) witnesses a higher CAGR during the forecast period. This is mainly the RFID offers more security than barcodes because of its efficiency which includes scanning numerous objects at once. Additionally, RFID has better durability it can withstand exposure to sunlight and rain. Moreover, to give customers a better travelling experience, the biggest airline corporations are investing in RFID technology.
Based on application, the baggage handling system market has been classified into the airport, railway, and marine. The airport category is to witness higher growth during the forecast period. This is mainly due to a dramatic rise in air passenger traffic throughout the world, airports play a significant role in the industry. Major airports also include cutting-edge baggage handling technology that reduces the stress of flying. As part of the check-in and check-out procedures, this machinery pushes the luggage in and out.
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For a better understanding of the market adoption of the Baggage Handling System Market industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing prevalence of tourism backed by growing disposable income and surging per capita spending of individuals in the emerging economies of the region is driving the growth of the market. This can be attributed to a number of things, such as the steadily increasing air passenger traffic, an increase in cruise passengers, and impending airport construction projects. The need for these systems has also been sparked by the country’s economic growth and investments in rail transportation. A growing number of people are also travelling by sea and air through nations like India, Singapore, Japan, China, Australia, and New Zealand. This is since the government is making significant investments in the advancement of technology and choosing to form partnerships in order to dominate the industry.
Some of the major players operating in the market include Daifuku Co., Ltd., Alstef Group, Siemens AG, CIMC Tianda Holdings Co. Ltd, Vanderlande Industries, BEUMER Group, G&S Airport Conveyer, Ansir Systems, SITA, Leonardo S.p.A.
Global Baggage Handling System Segmentation
Market Insight, by Type
- Destination coded vehicle (DCV)
- Conveyor
Market Insight, by Technology Type
- Radio-Frequency Identification (RFID)
- Barcode
Market Insight, by Application
• Airport
• Railway
• Marine
Market Insight, by Region
- North America
- US
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Rest of the World
Top Company Profiles
- Daifuku Co., Ltd.
- Alstef Group
- Siemens AG
- CIMC Tianda Holdings Co. Ltd
- Vanderlande Industries
- BEUMER Group
- G&S Airport Conveyer
- Ansir Systems
- SITA
- Leonardo S.p.A.
