Airport terminal extensions and new terminal development ventures, worldwide, are driving the development of the business sector. Recently developed and modernized air terminals have to be supplied with the interlinked baggage conveyor system, which is expected to drive the baggage handling systems market. With high terrorist threats around the globe, airplane terminals have stepped up their luggage security. The security procedure is highly time-intensive and influences the general proficiency of baggage handling operations. Thus, it is now in airlines' best interests to have the best-in-class baggage handling system. Some airlines, like South West, routinely make turnarounds in under 30 minutes, and an effective baggage handling system plays a vital role in this situation.
In response to a 25% increase in passenger traffic, Bengaluru International Airport, India, awarded an order to Siemens Postal, Parcel & Airport Logistics for expanding its baggage handling systems in the arrivals area (the airport's passenger traffic touched 18 million travellers in 2015). Siemens would supply conveyor belts, PLC, and SCADA system for computer-based monitoring and control of all technical processes. The Individual Carrier System (ICS) is a new market entry from the BEUMER Group, aimed at simplifying the baggage handling system for customers.
Despite the rising worldwide implementation of modern airport baggage handling systems, 24.1 million bags were misplaced during 2014, which cost the industry a considerable USD 2.4 billion. The introduction of new technology, such as Radio-Frequency Identification (RFID), is resulting in improved operational efficiency. Many passengers have to change multiple flights to reach their final destination, which can increase the probability of lost baggage. The inclusion of the RFID can go a long way in reducing such cases of baggage mishandling.
The market has been segmented by:
Airport capacity (up to 15 million, 15-25 million, 25-40 million, 40 million+)
Geography (North America, South America, Europe, Africa and the Middle East, and Asia-Pacific).
Asia-Pacific is the largest market for baggage handling systems, and its market share is set to increase during the forecast period. The market growth in the region would be backed by rising traffic and improving infrastructure, especially in emerging economies such as India, China, and Indonesia. Africa is currently a small region for the market, but is expected to post high-growth rate post 2020, as the region would emerge as an important aviation hub in future.
Daifuku, Siemens, and Glidepath are some of the important players in the global airport baggage handling system market.
What the report offers
Market analysis of the global airport baggage handling systems market, with region-specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of key drivers, opportunities, and restraints.
Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short-term and long-term strategies
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and key companies that can influence this market on a global and regional scale.
An extensively researched competitive landscape section with profiles of major companies, along with their market share.
Identification and analysis of the macro and micro factors that affect the commercial airport lighting market on a global and regional scale.
1.1. Research Methodology
1.2. Key Findings of the Study
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW AND TRENDS
3.2. Market Trends
3.3. Investment Alliances
3.4. Porter's Five Forces Framework
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Consumers
3.4.3. Threat of New Entrants
3.4.4. Threat of Substitute Products and Services
3.4.5. Competitive Rivalry Within the Industry
4. MARKET DYNAMICS
5. GLOBAL AIRPORT BAGGAGE HANDLING SYSTEM MARKET, SEGMENTED BY AIRPORT CAPACITY
5.1. Up to 15 million
5.2. 15-25 million
5.3. 25-40 million
5.4. 40 million+
6. GLOBAL AIRPORT BAGGAGE HANDLING SYSTEM MARKET, SEGMENTED BY GEOGRAPHY
6.1. North America
6.1.1. United States
6.2. South America
6.4.1. United Kingdom
6.5. The Middle East & Africa
6.7. South Africa
6.8. Saudi Arabia
7. COMPETITIVE LANDSCAPE
7.2. Market Share Analysis
7.3. Developments of Key Players
8. KEY VENDOR ANALYSIS (Overview, Products & Services, Strategies)
8.4. Pteris Global
8.5. Vanderlande Industries
8.7. G&S Airport Conveyor
8.8. Aversan Inc