Market for Smart Baggage Management Solutions for Airports in the Airport Services Industry to Grow by USD 676.80 Million | Technavio

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The market for smart baggage management solutions for airports in the airport services industry is driven by factors such as the development of smart airports, the increasing use of AI in SBH solutions, and the expansion and The growth in the number of airports is one of the main factors propelling the growth of the market. However, factors such as high cost associated with SBH solutions, scarcity of qualified resources to operate these advanced systems, and issues related to data management and its security will hamper the market growth.

Airport Intelligent Baggage Handling Solutions Market: Product Landscape

Based on market segmentation by product, the smart baggage and tracking device segment generated maximum revenue in 2020. The growing need for traceable baggage has enabled new start-ups and established businesses to develop smart baggage that will lead to smart airport baggage. material handling market during the forecast period. Segment growth will be significant during the forecast period.

Smart Baggage Handling Solutions Market for Airports: Geographic Landscape

By geography, APAC will experience lucrative growth during the forecast period. About 39% of the overall market growth is expected to come from APAC. Growth in passenger traffic and airport upgrades will facilitate the growth of the market for intelligent airport baggage handling solutions in APAC. China and Japan are the key markets for intelligent baggage management solutions for airports in APAC.

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Covered companies:

  • Babcock International Group Plc
  • BEUMER GmbH & Co. KG Group
  • CIMC Tianda Holdings Co. Ltd.
  • Daifuku Co. Ltd.
  • G&S Airport Conveyor
  • Leonardo Spa
  • Siemens AG
  • SITA
  • Vanderlande Industries BV
  • WFS Global SAS

What our reports offer:

  • Market share assessments for regional and national segments
  • Strategic recommendations for new entrants
  • Covers market data for 2020, 2021, through 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities and recommendations)
  • Strategic recommendations in key business segments based on market estimates
  • Competitive landscaping mapping the main common trends
  • Company profiling with detailed strategies, financial data and recent developments
  • Supply chain trends mapping the latest technological advancements

Related reports on industrial products include:

Global Airport Ground Support Equipment Market– The airport ground support equipment (GSE) market is segmented by type (motorized airport GSE and non-motorized airport GSE) and by geography (North America, Europe, APAC, South America, and MEA).
Download a FREE sample report

Global Airport Handling Services Market– The airport assistance services market is segmented by service (GSHS and CHS) and by geography (APAC, North America, Europe, MEA and South America).
Download a FREE sample report

Main topics covered:

summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Forecast for 2020 – 2025

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new participants
  • The threat of substitutes
  • Threat of rivalry
  • State of the market

Market segmentation by product

  • Market segments
  • Comparison by product
  • Smart Baggage and Tracking Devices – Market Size and Forecast 2020-2025
  • Smart Baggage Screening Devices – Market Size and Forecast 2020-2025
  • Market opportunity by product

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC Market Size and Forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • MEA – Market Size and Forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • Main leading countries
  • Market opportunity by geography
  • Market factors
  • Market challenges
  • Market trends

Supplier landscape

  • Overview
  • Landscape disturbance

Supplier analysis

  • Covered suppliers
  • Positioning of sellers in the market
  • Babcock International Group Plc
  • BEUMER GmbH & Co. KG Group
  • CIMC Tianda Holdings Co. Ltd.
  • Daifuku Co. Ltd.
  • G&S Airport Conveyor
  • Leonardo Spa
  • Siemens AG
  • SITA
  • Vanderlande Industries BV
  • WFS Global SAS

appendix

  • Scope of the report
  • Currency conversion rates for US $
  • Research methodology
  • Abreviations list

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Report link: https://www.technavio.com/report/airport-smart-baggage-handling-solutions-market-industry-analysis

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