Airport Baggage Handling System Market to Grow at 4.60% CAGR by 2030

Consistent growth in aviation industry linked with the modernization of airports & construction of new airports along with technological advancement as well as growing tourism industry are expected to drive the growth of airport baggage handling system industry during the forecast period of 2020-2030.

The Airport Baggage Handling System Market is expected to grow at the CAGR of 4.60% from 2020-2030, according to a new research report by Next Move Strategy Consulting.

Airport baggage handling system is a conveyer belt series which helps in the loading & unloading of checked luggage from the aircraft. This system also helps to find out the location of luggage & also avoid the loss of luggage. It also ensures that the luggage should reach to the correct location from where it can be loaded to the destination aircraft. This system consists of various different sensors, barcodes, RFID tags and other which further simplifies the entire process which helps in the development of better experience for the traveller.

According to the report, there has been regular development of existing airports along with rising renovation activities for the standardization as per the international norms. In addition, constant growth in airports all around the globe along with the surge in air travels supported by the developing tourism industry. There has been steady growth in disposable income with rising population supported by the developing trade practices owing to globalization. On the other hand, high adoption rate of advanced system along with developing aviation industry is expected to bring change in market trends in near future.

However, high cost of installation as well as maintenance along with major drawbacks of system failure is expected to impede the market growth. Moreover, amplified use of robotics as well as improvement in turnaround time is anticipated to provide numerous opportunities to the market in the coming few years.

The global airport baggage handling system market share analysis is based on component, system type, technology, airport class, application, service mode, project type, customer, throughput tier, and geography. Based on component, the market is segmented into hardware, software, and services. Hardware is further categorized into conveyors, sorters, screening systems, self-bag drop units, identification systems, storage & buffers, ULD & cart handling, and weighing & dimensioning. Software includes control & management, tracking & reconciliation, and analytics & integration, while services comprise implementation, maintenance & support, and modernization.

Based on system type, the market is segmented into conveyor & sortation, automated vehicle systems, self-service solutions, integrated screening, software & tracking platforms, and end-to-end turn-key BHS. Based on technology, the market is divided into identification, screening, and ancillary technologies. Identification includes barcode, RFID, and OCR, while screening includes X-ray, EDS, and CT, and ancillary technologies include weighing & dimensioning, IoT, and AI & analytics.

Based on airport class, the market is categorized into large hubs, medium hubs, and small airports. Based on application, the market is segmented into check-in & bag-drop, screening, sortation & make-up, transfer, and reclaim. Based on service mode, the market is divided into self-service, semi-assisted, and assisted. Based on project type, the market is classified into greenfield, brownfield, retrofit, and replacement. Based on customer, the market includes airport operators, airlines, ground handlers, and systems integrators. Based on throughput tier, the market is segmented into low throughput and medium throughput. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Asia-Pacific, Europe, and RoW.

North America is likely to account for the highest size & share of the airport baggage handling system market in the forecast period 2020–2030 owing to growth in tourism industry supported by rapidly growing aviation industry. Moreover, advancement in technology was followed by the presence of modern infrastructure. Europe accounts for the second leading position in the airport baggage handling system market size. Asia Pacific is expected to be the fastest developing region in the airport baggage handling system market, which is majorly driven by the constant growth in the construction of airports with modernization of existing one. In addition, growth in disposable income with rising passenger traffic is expected to enhance the market growth.

According to the report, some of the key players in the airport baggage handling system market are Vanderlande Industries B.V., Daifuku Co., Ltd., BEUMER Group GmbH, Alstef Group SAS, Fives Group, CIMC Pteris Global (Pteris Global Ltd.), ULMA Handling Systems, Interroll AG, Grenzebach Group, Brock Solutions, Five Star Airport Alliance Company Inc., FMH Conveyors (Motion06 / FMH), Automatic Systems, Inc. Diversified Conveyors International (DCI), G&S Airport Conveyor, MATREX Airport Systems, Robson Handling Technology, BELTCON GmbH, , Ansir Systems Pty Ltd, and Oshkosh AeroTech, LLC. (incl. JBT AeroTech).

Key Insights from the Airport Baggage Handling System Market Report:

• Asia Pacific is the fastest growing Airport Baggage Handling System market owing to the growth in disposable income along with growth in modernization activities as well as construction of new airports followed by rising passenger traffic.

• The RFID dominates the segment and is expected to grow at significant CAGR to maintain the led in 2030.

• Some of the major players in the market are Vanderlande Industries B.V., Daifuku Co., Ltd., BEUMER Group GmbH, Alstef Group SAS, Fives Group, CIMC Pteris Global (Pteris Global Ltd.), ULMA Handling Systems, Interroll AG, Grenzebach Group, Brock Solutions, Five Star Airport Alliance Company Inc., and FMH Conveyors (Motion06 / FMH), Automatic Systems.

The report Airport Baggage Handling System market – segmented by component, system type, technology, airport class, application, service mode, project type, customer, throughput tier, and geography

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