The global airport baggage handling system market has grown strongly in recent years. It will grow from $8.22 billion in 2023 to $8.92 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. Historic period can be attributed to the expansion of air travel, increased focus on security measures, improvements in efficiency and throughput, as well as airport expansions and renovations, all of which align with evolving passenger expectations.
The global airport baggage handling system market is expected to see strong growth in the next few years. It will grow to $12.24 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The anticipated growth in the forecast period can be attributed to various factors, including the adoption of predictive maintenance practices, a focus on sustainability and green initiatives, the implementation of risk mitigation strategies, requirements for cost-efficiency, efforts to enhance passenger experience, and the continuous growth in tourism. Key trends expected in the forecast period include an increased emphasis on passenger convenience, customization tailored to airport needs, the integration of remote monitoring and management solutions, the incorporation of smart sensor technology, and the widespread adoption of predictive analytics for efficient airport operations.
A surge in air traffic is anticipated to drive the expansion of the airport baggage handling system market. Air traffic encompasses the movement of aircraft at airports, and this upsurge is primarily attributed to factors like economic and demographic growth, increased income levels, and the necessity for swifter transportation of goods. As air traffic escalates, the demand for airport baggage handling systems is set to climb to accommodate bustling airport operations and streamline aircraft and airport lead times. Notably, in May 2022, the International Air Transport Association (IATA) released passenger data indicating an 83.1% increase in total air traffic compared to May 2021, largely driven by the robust resurgence in international travel. Global air traffic has reached 68.7% of pre-pandemic levels, with international traffic soaring by 325.8% since May 2021. Hence, the surge in air traffic is poised to be a driving force behind the airport baggage handling systems market's growth.
The burgeoning tourism industry is expected to be a significant catalyst propelling the expansion of the airport baggage handling system market. Tourism, an economic, social, and cultural phenomenon involving travel beyond habitual environments for various reasons, greatly depends on efficient airport baggage handling systems. These systems ensure the smooth, secure processing of passengers' belongings, elevating the overall travel experience and streamlining airport operations. As evidence, the U.S. Department of Commerce reported a rise in international visitors to the United States, reaching 22.1 million in 2021 from 19.2 million in 2020, underscoring the pivotal role of the tourism sector in fueling growth in the airport baggage handling system market.
The integration of advanced technologies is a prominent trend shaping the airport baggage handling system market. Key market players and airports are actively incorporating cutting-edge solutions like near-field communication (NFC) and radio frequency identification (RFID) into baggage handling systems to enable automated check-in and luggage services. Notably, Delhi Airport introduced BAGG TRAX, leveraging RFID-enabled tagging technology in June 2022. This innovation allows real-time tracking of passenger baggage throughout the transfer process. Upon registration, these tags are placed on check-in luggage, providing travelers with updates on their mobile devices regarding their baggage's arrival and collection at the designated belt. This innovative system is expected to significantly reduce the occurrences of lost or delayed baggage, which currently incur substantial annual costs for airlines.
Prominent companies in the airport baggage handling system market are intensifying their efforts to introduce more advanced baggage handling solutions, notably focusing on state-of-the-art belt conveyor systems. These advanced belt conveyor systems constitute contemporary material handling mechanisms utilizing fabric or rubber belts to transfer items from one point to another, providing adaptability and reducing potential damage during baggage handling. For instance, in June 2021, Siemens Logistics Gmbh, a German logistics company, unveiled the VarioBelt TilterPlus, a pioneering belt conveyor system equipped with a unique tilting mechanism designed for efficient baggage transportation. This modular framework is customizable to fit various spatial layouts, enabling baggage movement at an angle, thus minimizing potential damage and enhancing handling efficiency. The system's adaptable design ensures seamless integration into existing baggage handling setups, allowing installation without disrupting ongoing operations.
In August 2022, Belt Power LLC, a United States-based wholesaler and distributor specializing in conveyor belts and their components, completed the acquisition of Engineered Components, Inc.'s assets for an undisclosed sum. This strategic acquisition is set to expedite Belt Power's organic growth strategy within a rapidly evolving industry, bolstering its national expertise in the material handling sector. Engineered Components, Inc. is a US-based provider known for its expertise in postal and mail handling systems, large-scale package handling facilities, and comprehensive solutions dedicated to baggage handling systems.
Major companies operating in the airport baggage handling system market report are Beumer Group, Daifuku Co. Ltd., Fives SA, G&S Airport Conveyor, Glidepath Limited, Grenzebach Maschinenbau GmbH, Logplan LLC, Pteris Global Limited, Siemens AG, Vanderlande Industries BV, SITA AG, BCS Group, Ansir Systems, Babcock International Group, Leonardo SpA, Airport Equipment Services Pte. Ltd., ALPHA-CIM Baggage, Alstef Automation S.A., Ammeraal BelTech, Aversan Inc., BB Computerteknik AS, BDP International, CASSIOLI Group, CIMC-TianDa Airport Support Ltd., Dalmec Industrial Manipulators India, LAS-1 Ltd., Logan Teleflex UK Ltd., Losch Airport Service GmbH, Matrex India Pvt. Ltd., Siemens Logistics GmbH
North America was the largest region in the airport baggage handling system market in 2023. The regions covered in the airport baggage handling system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the airport baggage handling system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The main product types of airport baggage handling systems include conveyors and destination-coded vehicles. Conveyors are mechanical handling devices that automate the movement of loads and materials within a space. In the context of airport baggage handling, conveyors are instrumental in transporting passenger bags from check-in to the check-out point, providing solutions for check-in, screening and load, conveying and sorting, unload and reclaim. The technologies incorporated in these systems include barcodes and RFID (radio frequency identification), which find applications in airports, railways, marine transport, and other relevant sectors.
This report provides airport baggage handling system market statistics, including airport baggage handling system industry global market size, regional shares, competitors with an airport baggage handling system market share, detailed airport baggage handling system market segments, market trends and opportunities, and any further data you may need to thrive in the airport baggage handling system industry. This airport baggage handling system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The airport baggage handling system market consists of revenues earned by entities by providing security-related luggage screening, load balance, volume control, and bag tracking. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The global airport baggage handling system market is expected to see strong growth in the next few years. It will grow to $12.24 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The anticipated growth in the forecast period can be attributed to various factors, including the adoption of predictive maintenance practices, a focus on sustainability and green initiatives, the implementation of risk mitigation strategies, requirements for cost-efficiency, efforts to enhance passenger experience, and the continuous growth in tourism. Key trends expected in the forecast period include an increased emphasis on passenger convenience, customization tailored to airport needs, the integration of remote monitoring and management solutions, the incorporation of smart sensor technology, and the widespread adoption of predictive analytics for efficient airport operations.
A surge in air traffic is anticipated to drive the expansion of the airport baggage handling system market. Air traffic encompasses the movement of aircraft at airports, and this upsurge is primarily attributed to factors like economic and demographic growth, increased income levels, and the necessity for swifter transportation of goods. As air traffic escalates, the demand for airport baggage handling systems is set to climb to accommodate bustling airport operations and streamline aircraft and airport lead times. Notably, in May 2022, the International Air Transport Association (IATA) released passenger data indicating an 83.1% increase in total air traffic compared to May 2021, largely driven by the robust resurgence in international travel. Global air traffic has reached 68.7% of pre-pandemic levels, with international traffic soaring by 325.8% since May 2021. Hence, the surge in air traffic is poised to be a driving force behind the airport baggage handling systems market's growth.
The burgeoning tourism industry is expected to be a significant catalyst propelling the expansion of the airport baggage handling system market. Tourism, an economic, social, and cultural phenomenon involving travel beyond habitual environments for various reasons, greatly depends on efficient airport baggage handling systems. These systems ensure the smooth, secure processing of passengers' belongings, elevating the overall travel experience and streamlining airport operations. As evidence, the U.S. Department of Commerce reported a rise in international visitors to the United States, reaching 22.1 million in 2021 from 19.2 million in 2020, underscoring the pivotal role of the tourism sector in fueling growth in the airport baggage handling system market.
The integration of advanced technologies is a prominent trend shaping the airport baggage handling system market. Key market players and airports are actively incorporating cutting-edge solutions like near-field communication (NFC) and radio frequency identification (RFID) into baggage handling systems to enable automated check-in and luggage services. Notably, Delhi Airport introduced BAGG TRAX, leveraging RFID-enabled tagging technology in June 2022. This innovation allows real-time tracking of passenger baggage throughout the transfer process. Upon registration, these tags are placed on check-in luggage, providing travelers with updates on their mobile devices regarding their baggage's arrival and collection at the designated belt. This innovative system is expected to significantly reduce the occurrences of lost or delayed baggage, which currently incur substantial annual costs for airlines.
Prominent companies in the airport baggage handling system market are intensifying their efforts to introduce more advanced baggage handling solutions, notably focusing on state-of-the-art belt conveyor systems. These advanced belt conveyor systems constitute contemporary material handling mechanisms utilizing fabric or rubber belts to transfer items from one point to another, providing adaptability and reducing potential damage during baggage handling. For instance, in June 2021, Siemens Logistics Gmbh, a German logistics company, unveiled the VarioBelt TilterPlus, a pioneering belt conveyor system equipped with a unique tilting mechanism designed for efficient baggage transportation. This modular framework is customizable to fit various spatial layouts, enabling baggage movement at an angle, thus minimizing potential damage and enhancing handling efficiency. The system's adaptable design ensures seamless integration into existing baggage handling setups, allowing installation without disrupting ongoing operations.
In August 2022, Belt Power LLC, a United States-based wholesaler and distributor specializing in conveyor belts and their components, completed the acquisition of Engineered Components, Inc.'s assets for an undisclosed sum. This strategic acquisition is set to expedite Belt Power's organic growth strategy within a rapidly evolving industry, bolstering its national expertise in the material handling sector. Engineered Components, Inc. is a US-based provider known for its expertise in postal and mail handling systems, large-scale package handling facilities, and comprehensive solutions dedicated to baggage handling systems.
Major companies operating in the airport baggage handling system market report are Beumer Group, Daifuku Co. Ltd., Fives SA, G&S Airport Conveyor, Glidepath Limited, Grenzebach Maschinenbau GmbH, Logplan LLC, Pteris Global Limited, Siemens AG, Vanderlande Industries BV, SITA AG, BCS Group, Ansir Systems, Babcock International Group, Leonardo SpA, Airport Equipment Services Pte. Ltd., ALPHA-CIM Baggage, Alstef Automation S.A., Ammeraal BelTech, Aversan Inc., BB Computerteknik AS, BDP International, CASSIOLI Group, CIMC-TianDa Airport Support Ltd., Dalmec Industrial Manipulators India, LAS-1 Ltd., Logan Teleflex UK Ltd., Losch Airport Service GmbH, Matrex India Pvt. Ltd., Siemens Logistics GmbH
North America was the largest region in the airport baggage handling system market in 2023. The regions covered in the airport baggage handling system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the airport baggage handling system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The main product types of airport baggage handling systems include conveyors and destination-coded vehicles. Conveyors are mechanical handling devices that automate the movement of loads and materials within a space. In the context of airport baggage handling, conveyors are instrumental in transporting passenger bags from check-in to the check-out point, providing solutions for check-in, screening and load, conveying and sorting, unload and reclaim. The technologies incorporated in these systems include barcodes and RFID (radio frequency identification), which find applications in airports, railways, marine transport, and other relevant sectors.
This report provides airport baggage handling system market statistics, including airport baggage handling system industry global market size, regional shares, competitors with an airport baggage handling system market share, detailed airport baggage handling system market segments, market trends and opportunities, and any further data you may need to thrive in the airport baggage handling system industry. This airport baggage handling system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The airport baggage handling system market consists of revenues earned by entities by providing security-related luggage screening, load balance, volume control, and bag tracking. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Airport Baggage Handling System Market Characteristics3. Airport Baggage Handling System Market Trends and Strategies31. Global Airport Baggage Handling System Market Competitive Benchmarking32. Global Airport Baggage Handling System Market Competitive Dashboard33. Key Mergers and Acquisitions in the Airport Baggage Handling System Market
4. Airport Baggage Handling System Market - Macro Economic Scenario
5. Global Airport Baggage Handling System Market Size and Growth
6. Airport Baggage Handling System Market Segmentation
7. Airport Baggage Handling System Market Regional and Country Analysis
8. Asia-Pacific Airport Baggage Handling System Market
9. China Airport Baggage Handling System Market
10. India Airport Baggage Handling System Market
11. Japan Airport Baggage Handling System Market
12. Australia Airport Baggage Handling System Market
13. Indonesia Airport Baggage Handling System Market
14. South Korea Airport Baggage Handling System Market
15. Western Europe Airport Baggage Handling System Market
16. UK Airport Baggage Handling System Market
17. Germany Airport Baggage Handling System Market
18. France Airport Baggage Handling System Market
19. Italy Airport Baggage Handling System Market
20. Spain Airport Baggage Handling System Market
21. Eastern Europe Airport Baggage Handling System Market
22. Russia Airport Baggage Handling System Market
23. North America Airport Baggage Handling System Market
24. USA Airport Baggage Handling System Market
25. Canada Airport Baggage Handling System Market
26. South America Airport Baggage Handling System Market
27. Brazil Airport Baggage Handling System Market
28. Middle East Airport Baggage Handling System Market
29. Africa Airport Baggage Handling System Market
30. Airport Baggage Handling System Market Competitive Landscape and Company Profiles
34. Airport Baggage Handling System Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
This report provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on airport baggage handling system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for airport baggage handling system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of covid 19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:
1) By Type: Conveyors; Destination Coded Vehicles2) By Solution: Check-In; Screening and Load; Conveying and Sorting; Unload and Reclaim
3) By Service: Assisted Service; Self-Service
4) By Technology: Barcode; RFID (Radio Frequency Identification)
5) By Application: Airport; Railway; Marine; Other Applications
Key Companies Mentioned: Beumer Group; Daifuku Co. Ltd.; Fives SA; G&S Airport Conveyor; Glidepath Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Beumer Group
- Daifuku Co. Ltd.
- Fives SA
- G&S Airport Conveyor
- Glidepath Limited
- Grenzebach Maschinenbau GmbH
- Logplan LLC
- Pteris Global Limited
- Siemens AG
- Vanderlande Industries BV
- SITA AG
- BCS Group
- Ansir Systems
- Babcock International Group
- Leonardo SpA
- Airport Equipment Services Pte. Ltd.
- ALPHA-CIM Baggage
- Alstef Automation S.A.
- Ammeraal BelTech
- Aversan Inc.
- BB Computerteknik AS
- BDP International
- CASSIOLI Group
- CIMC-TianDa Airport Support Ltd.
- Dalmec Industrial Manipulators India
- LAS-1 Ltd.
- Logan Teleflex UK Ltd.
- Losch Airport Service GmbH
- Matrex India Pvt. Ltd.
- Siemens Logistics GmbH
Methodology
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