Global Airport Baggage Handling Market Report 2020-2025: Provision of End-to-End Solutions to Present New Growth Opportunities

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Mar 01, 2021, 14:30 ET

DUBLIN, March 1, 2021 The "Global Airport Baggage Handling Market, 2021 - Process Automation Post Pandemic to Drive Marginal Growth" report has been added to ResearchAndMarkets.com's offering.

The total airport baggage handling market was worth $5,402 million in 2019 and, considering the impact of Coronavirus 2019 (COVID-19), is expected to expand at a compound annual growth rate (CAGR) of 0.5% through 2025.

This study covers the global market and provides a 6-year forecast from 2020 to 2025.

The airport baggage handling market is poised for automation which will improve passenger experience and the efficiency of baggage handling operations of airports.

This research covers the baggage handling systems (check-in conveyors, baggage screening, sorting, makeup & reclaim) along with the baggage management system (baggage reconciliation, tracking, tracing, and messages). The baggage handling system accounts for 87.7% of the market share. It is expected that the demand for baggage management system will increase at a higher pace as airports and airlines are focusing more on reduction in mishandling of baggage. This will not only increase the passenger experience and process efficiency but also help in reducing the wasted with regard to payment for mishandled baggage.

The demand for new baggage handling systems will largely come from the Asia-Pacific region due to the increase in greenfield airports from countries like China and India, whereas the demand from upgrades and retrofits of older baggage handling system will majorly be seen in North America and Europe.

Major airports across the globe have reached their maximum capacity and are facing capacity constraints. A large number of congested airports are in the process of expansion or have long-term plans to expand their infrastructure. Major airports are also focusing on digital transformation which will help them to improve their process efficiency. However, the COVID-19 pandemic has led to a liquidity crisis at airports, which in turn has halted expansion plans and forced airports to realign their digitalization journey.

The pandemic has severely lessened passenger traffic at airports, reducing congestion, but health regulatory guidelines such as social distancing and contactless travel will strain capacity even amidst such reduced traffic. This offers an opportunity for baggage handling providers to deliver innovative solutions as per the requirements of airports. These solutions will not only help improve process efficiency but will also enhance passenger experience and ensure the maintenance of high standards of health and safety.

Leading vendors in the airport baggage handling market are pivoting their focus on providing end-to-end baggage handling solutions by integrating technologies like IoT, RFID, robotics, and blockchain, and in delivering them as a complete package which includes service contracts.

The market leaders are also partnering with start-ups and better understanding key technologies which will aid them to provide a complete portfolio of baggage handling solutions. Additionally, new entrants are bringing innovations and utilizing new technologies to enable better efficiency with regards to reducing baggage mishandling. In the coming years, at airports, their focus will be majorly on the process automation, more passengers will be using the self-bag drop which will become an integrated part baggage handling system.

Key Issues Addressed

What is the size and state of the market? What is the impact of COVID-19 on the baggage handling market? What are the market drivers and restraints?
How will market and technology trends impact airport baggage handling?
Who are the key vendors in the market and how well are they positioned with respect to their peers?
Who are the recent start-ups in the market? How is M&A activity shaping the market?
What are the major growth opportunity areas in technology by region and airport?

Key Topics Covered:

1. Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on the Airport Baggage Handling Industry
Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis - Airport Baggage Handling

Airport Baggage Handling - Scope of Analysis
Key Questions This Study Will Answer
Airport Baggage Handling - Segmentation
Airport Baggage Handling - Segmentation by Region
Revenue Share by Industry Vertical
Airport Baggage Handling Process Flowchart
Flow Chart of Airport Baggage Handling System
Flow Chart of Airport Baggage Management System
Key Competitors for Airport Baggage Handling
Key Growth Metrics for Airport Baggage Handling
Growth Drivers for Airport Baggage Handling
Growth Driver Analysis for Airport Baggage Handling
Growth Restraints for Airport Baggage Handling
Growth Restraint Analysis for Airport Baggage Handling
Forecast Assumptions - Airport Baggage Handling
Revenue Forecast - Airport Baggage Handling
Revenue Forecast by Industry Vertical - Airport Baggage Handling
Revenue Forecast by Region - Airport Baggage Handling
Revenue Forecast by End-user Tier - Airport Baggage Handling
Revenue Forecast Analysis - Airport Baggage Handling
Revenue Forecast Analysis by Industry Vertical - Airport Baggage Handling
Revenue Forecast Analysis by Region - Airport Baggage Handling
Revenue Forecast Analysis by End-user Tier - Airport Baggage Handling
Competitive Environment - Airport Baggage Handling
Revenue Share - Airport Baggage Handling
Competitive Factors and Assessment

3. Impact of the COVID-19 Pandemic

COVID-19 Impact on Passenger Traffic
COVID-19 Impact on Airports and Airlines
COVID-19 Impact - Ongoing/Future Developments

4. Key Market Trends

Growing Demand Leading to Infrastructure Constraints
Digitalization of Airports

5. Key Technology Trends

RFID and IoT
Blockchain
Robotics

6. Profiles of Key Vendors and Start-ups

Competitor Profile - Beumer
Competitor Profile - Daifuku
Competitor Profile - Siemens Logistics
Competitor Profile - Vanderlande
Recent Start-ups in Airport Baggage Handling

7. Growth Opportunity Analysis - Airport Baggage Handling: Africa

Key Growth Metrics for Airport Baggage Handling - Africa
Revenue Forecast for Airport Baggage Handling - Africa
Revenue Forecast by End-user Tier for Airport Baggage Handling - Africa
Forecast Analysis for Airport Baggage Handling - Africa

8. Growth Opportunity Analysis - Airport Baggage Handling: Asia-Pacific

9. Growth Opportunity Analysis - Airport Baggage Handling: Europe

10. Growth Opportunity Analysis - Airport Baggage Handling: Latin America

11. Growth Opportunity Analysis - Airport Baggage Handling: Middle East

12. Growth Opportunity Analysis - Airport Baggage Handling: North America

13. Growth Opportunity Universe - Airport Baggage Handling

Growth Opportunity 1: High Focus on Baggage Process Automation

14. Next Steps

Companies Mentioned

Alstef
Beumer
Collins Aerospace
Daifuku
Pteris Global
Rapiscan
Siemens Logistics
SITA
Smiths Detection
Vanderlande

For more information about this report visit https://www.researchandmarkets.com/r/o2x8gd

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