What is Commercial Baggage Handling System Market?
Baggage handling system is the conveyor system which is installed at the airports. It performs tasks such as movement of baggage from check-in points to loading in the cart. In case of transit flights, the tasks include movement of luggage between two aircrafts and moving luggage from inbound aircraft to the claim section. The commercial baggage handling system is being used at every airports for benefits such as enhanced operational efficiency, and modernisation of airports. Therefore, the market of baggage handling system is growing rapidly.
The market study is being classified by Type (Conveyor System and Destination Coded Vehicle) and major geographies with country level break-up.
Beumer Group (Germany), Daifuku Company Ltd (Japan), Fives Group (France), Pteris Global Limited (Singapore), Grenzebach Maschinenbau GMBH (Germany), G&S Airport Conveyor (United States), Logplan LLC (United States), BCS Group (New Zealand), Siemens AG (Germany) and Vanderlande Industries (Netherlands) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States,Germany Players will contribute to the maximum growth of Global Commercial Baggage Handling System market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Commercial Baggage Handling System market by Type, Application and Region.
On the basis of geography, the market of Commercial Baggage Handling System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Air Travel is Fuelling the Market Growth
- Benefits Such as Enhanced Operational Efficiency, and Others
Market Trend
- Modernisation of Airports
Restraints
- Complexity in Architecture of Airports
- High Initial Investments Required
Opportunities
- Growing Cargo as Well as Passenger Traffic
Challenges
- Issues Related to Mishandling of Baggage
On February 2018, Siemens has launched baggage handling system at Incheon International Airport in South Korea. It has conveyor and sorting technology combined with innovative software.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisation, Software vendors and Others
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