Smart Baggage Handling System Market By End-use (Airport, Railway Station, Sea Ports and Others), By Functionality (Sorting, Conveying, Tracking and Tracing, and Diverting), By Technology (Bar Code and Radio Frequency Identification) – Growth, Future Prospects and Competitive Analysis 2019 - 2027
"Growing Travel Industry to Boost Demand for Smart Baggage Handling Systems Worldwide"
In 2018, the global smart baggage handling systems market was valued at US$ 1.20 Bn and is expected to grow at a CAGR of 13.6% during the forecast period from 2019 to 2027. Rising travel & tourism industry and modernization of existing airports & railway stations are driving growth for the smart baggage handling systems market worldwide. To handle huge amount of cargo and passenger baggage traffic, the demand for smart baggage handling systems is increasing. Consequently, we are expecting the smart baggage handling system market to show robust growth throughout the forecast period.
"Radio Frequency Identification (RFID) Technology to Continue Leading the Market during the Forecast Period"
Based on technology, the global smart baggage handling systems market is categorized into bar code and radio frequency identification (RFID). The radio frequency identification (RFID) segment was the largest value contributor with over 50% of the revenue share in 2018. RFID has the largest share owing to its benefits such as 99.99% accuracy, cost-effective automated compliance and low operational cost among others. RFID technology provides end-to-end baggage tracking from the drop-off point to the pick-up point. As a consequence, we presumed that RFID technology would continue to lead the smart baggage handling system market during the forecast period.
"Asia Pacific will be the Fastest Growing Region throughout the Forecast Period"
North America was the largest market for smart baggage handling systems, accounting for more than 1/3rd of the market share in 2018. The dominance is due to the on-going modernization of airport infrastructure and construction of new airports. Asia Pacific will be the fastest growing segment owing to rising passenger & cargo traffic and rising government investments for infrastructural development. With perpetual growth in air passenger and cargo traffic in China and India, the need for smart baggage handling systems has increased in these countries.
Major manufacturers are focusing on strategies such as mergers & acquisitions to increase market share and provide better services. For instance, in August 2019, Daifuku Co. Ltd. acquired Scarabee Aviation Group B.V. and Intersystems (Asia Pacific) Pty Limited. With the acquisition of both companies, Daifuku Co. Ltd. will cater markets pertaining to information management and airport security checkpoint. Some of the prominent players operating in the smart baggage handling systems market include Siemens AG, Vanderlande Industries, Daifuku Co. Ltd., Pteris Global Limited, BEUMER Group GmbH & Co. KG, SITA, G&S Airport Conveyor, Alstef Automation S.A., among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The smart baggage handling system market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global smart baggage handling system market based on transportation type, solution, technology type, and geography. Key segments covered in the report are as follows:
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2017-2027 |
| Base Year | 2018 |
| Forecast Period | 2019-2027 |
| Historical Year | 2017 |
| Unit | USD Billion |
| Segmentation |
End-use (2019–2027; US$ Bn) |
|
Functionality (2019–2027; US$ Bn) |
|
|
Technology Type (2019–2027; US$ Bn) |
|
|
Geography Segment (2019–2027; US$ Bn) |
Key questions answered in this report
- What was the market size of smart baggage handling systems market in 2018 and forecast up to 2027?
- Which is the largest regional market for smart baggage handling systems?
- What are the major trends followed in overall smart baggage handling systems market across different regions?
- What are the key high-growth opportunities observed in the smart baggage handling systems market?
- What are the drivers of the smart baggage handling systems market?
- Which are the leading smart baggage handling system manufacturers worldwide?
- What are the key strategies adopted by the leading smart baggage handling system manufacturers?
Unique data points of this report
- Statistics on baggage handling system worldwide
- Recent trends across different regions in terms of adoption of smart baggage handling system
- Notable on-going developments in the smart baggage handling system industry
- Attractive investment proposition for different segments of smart baggage handling system market
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global SBHS Market Snapshot
2.2. Global SBHS Market, By End-use, 2018 (US$ Bn)
2.3. Global SBHS Market, By Functionality, 2018 (US$ Bn)
2.4. Global SBHS Market, By Technology, 2018 (US$ Bn)
2.5. Global SBHS Market, By Geography, 2018 (US$ Bn)
3. Global Smart Baggage Handling System (SBHS) Market Analysis
3.1. Global SBHS Market Overview
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Challenges
3.3. Attractive Investment Proposition, By Geography, 2018
3.4. Market Positioning of Key Industry Participants
3.4.1. Major Strategies Adopted
4. Global Smart Baggage Handling System (SBHS) Market Value, By End-use , 2017 – 2027 (US$ Bn)
4.1. Market Analysis
4.2. Airport
4.3. Railway Station
4.4. Sea Ports
4.5. Others (Bus Stations, Commercial Complexes, etc.)
5. Global Smart Baggage Handling System (SBHS) Market Value, By Functionality , 2017 – 2027 (US$ Bn)
5.1. Market Analysis
5.2. Sorting
5.3. Conveying
5.4. Tracking and Tracing
5.5. Diverting
6. Global Smart Baggage Handling System (SBHS) Market Value, By Technology, 2017 – 2027 (US$ Bn)
6.1. Market Analysis
6.2. Bar Code
6.3. Radio Frequency Identification (RFID)
7. North America Smart Baggage Handling System (SBHS) Market Analysis, 2017 – 2027 (US$ Bn)
7.1. North America SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
7.1.1. Airport
7.1.2. Railway Station
7.1.3. Sea Ports
7.1.4. Others (Bus Stations, Commercial Complexes, etc.)
7.2. North America SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
7.2.1. Sorting
7.2.2. Conveying
7.2.3. Tracking and Tracing
7.2.4. Diverting
7.3. North America SBHS Market Value, Technology, 2017 – 2027 (US$ Bn)
7.3.1. Bar Code
7.3.2. Radio Frequency Identification (RFID)
7.4. North America SBHS Market Value, By Country, 2017 – 2027 (US$ Bn)
7.4.1. U.S.
7.4.1.1. U.S. SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
7.4.1.2. U.S. SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
7.4.1.3. U.S. SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
7.4.2. Rest of North America
7.4.2.1. Rest of North America SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
7.4.2.2. Rest of North America SBHS Market Value, By Functionality, 2017– 2027 (US$ Bn)
7.4.2.3. Rest of North America SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
8. Europe Smart Baggage Handling System (SBHS) Market Analysis, 2017 – 2027 (US$ Bn)
8.1. Europe SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
8.1.1. Airport
8.1.2. Railway Station
8.1.3. Sea Ports
8.1.4. Others (Bus Stations, Commercial Complexes, etc.)
8.2. Europe SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
8.2.1. Sorting
8.2.2. Conveying
8.2.3. Tracking and Tracing
8.2.4. Diverting
8.3. Europe SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
8.3.1. Bar Code
8.3.2. Radio Frequency Identification (RFID)
8.4. Europe SBHS Market Value, By Region, 2017 – 2027 (US$ Bn)
8.4.1. U.K.
8.4.1.1. U.K. SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
8.4.1.2. U.K. SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
8.4.1.3. U.K. SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
8.4.2. Germany
8.4.2.1. Germany SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
8.4.2.2. Germany SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
8.4.2.3. Germany SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
8.4.3. France
8.4.3.1. France SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
8.4.3.2. France SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
8.4.3.3. France SBHS Market Value, By Technology, 2017– 2027 (US$ Bn)
8.4.4. Rest of Europe
8.4.4.1. Rest of Europe SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
8.4.4.2. Rest of Europe SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
8.4.4.3. Rest of Europe SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
9. Asia Pacific Smart Baggage Handling System (SBHS) Market Analysis, 2017 – 2027 (US$ Bn)
9.1. Asia Pacific SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
9.1.1. Airport
9.1.2. Railway Station
9.1.3. Sea Ports
9.1.4. Others (Bus Stations, Commercial Complexes, etc.)
9.2. Asia Pacific SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
9.2.1. Sorting
9.2.2. Conveying
9.2.3. Tracking and Tracing
9.2.4. Diverting
9.3. Asia Pacific SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
9.3.1. Bar Code
9.3.2. Radio Frequency Identification (RFID)
9.4. Asia Pacific SBHS Market Value, By Country, 2017 – 2027 (US$ Bn)
9.4.1. Japan
9.4.1.1. Japan SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
9.4.1.2. Japan SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
9.4.1.3. Japan SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
9.4.2. China
9.4.2.1. China SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
9.4.2.2. China SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
9.4.2.3. China SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
9.4.3. India
9.4.3.1. India SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
9.4.3.2. India SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
9.4.3.3. India SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
9.4.4. Rest of Asia Pacific
9.4.4.1. Rest of Asia Pacific SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
9.4.4.2. Rest of Asia Pacific SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
9.4.4.3. Rest of Asia Pacific SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
10. Rest of World Smart Baggage Handling System (SBHS) Market Analysis, 2017 – 2027 (US$ Bn)
10.1. Rest of World SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
10.1.1. Airport
10.1.2. Railway Station
10.1.3. Sea Ports
10.1.4. Others (Bus Stations, Commercial Complexes, etc.)
10.2. Rest of World SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
10.2.1. Sorting
10.2.2. Conveying
10.2.3. Tracking and Tracing
10.2.4. Diverting
10.3. Rest of World SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
10.3.1. Bar Code
10.3.2. Radio Frequency Identification (RFID)
10.4. Rest of World SBHS Market Value, By Region, 2017 – 2027 (US$ Bn)
10.4.1. Latin America
10.4.1.1. Latin America SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
10.4.1.2. Latin America SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
10.4.1.3. Latin America SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
10.4.2. Middle-East and Africa
10.4.2.1. Middle-East and Africa SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
10.4.2.2. Middle-East and Africa SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
10.4.2.3. Latin America SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
11. Company Profiles
11.1 Siemens AG
11.2 Vanderlande Industries
11.3 Daifuku Co. Ltd.
11.4 Pteris Global Limited
11.5 BEUMER Group GmbH & Co. KG
11.6 SITA
11.7 G&S Airport Conveyor
11.8 Alstef Automation S.A.
* Here we are using SBHS as a short form of Smart Baggage Handling System
TABLE 1 Market Snapshot: Global Smart Baggage Handling System (SBHS) Market
TABLE 2 Evolution of SBHS
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 6 North America SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 7 North America SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 8 North America SBHS Market Value, By Country, 2017 – 2027 (US$ Bn)
TABLE 9 U.S. SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 10 U.S. SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 11 U.S. SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 12 Rest of North America SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 13 Rest of North America SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 14 Rest of North America SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 15 Europe SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 16 Europe SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 17 Europe SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 18 Europe SBHS Market Value, By Country, 2017 – 2027 (US$ Bn)
TABLE 19 U.K. SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 20 U.K. SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 21 U.K. SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 22 France SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 23 France SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 24 France SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 25 Germany SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 26 Germany SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 27 Germany SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 28 Rest of Europe SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 29 Rest of Europe SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 30 Rest of Europe SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 31 Asia Pacific SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 32 Asia Pacific SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 33 Asia Pacific SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 34 Asia Pacific SBHS Market Value, By Country, 2017 – 2027 (US$ Bn)
TABLE 35 China SBHS Market Value, By End-use, 2017- 2027 (US$ Bn)
TABLE 36 China SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 37 China SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 38 Japan SBHS Market Value, By End-use, 2017– 2027 (US$ Bn)
TABLE 39 Japan SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 40 Japan SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 41 India SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 42 India SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 43 India SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 44 Rest of Asia Pacific SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 45 Rest of Asia Pacifc SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 46 Rest of Asia Pacific SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 47 Rest of World SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 48 Rest of World SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 49 Rest of World SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 50 Rest of World SBHS Market Value, By Region, 2017 – 2027 (US$ Bn)
TABLE 51 Latin America SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 52 Latin America SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 53 Latin America SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 54 Middle-East and Africa SBHS Market Value, By End-use, 2017 – 2027 (US$ Bn)
TABLE 55 Middle-East and Africa SBHS Market Value, By Functionality, 2017 – 2027 (US$ Bn)
TABLE 56 Middle-East and Africa SBHS Market Value, By Technology, 2017 – 2027 (US$ Bn)
FIG. 1 Global Smart Baggage Handling System (SBHS): Market Segmentation
FIG. 2 Global SBHS Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global SBHS Market, By End-use, 2018 (US$ Bn)
FIG. 5 Global SBHS Market, By Functionality, 2018 (US$ Bn)
FIG. 6 Global SBHS Market, By Technology, 2018 (US$ Bn)
FIG. 7 Global SBHS Market, By Geography, 2018 (US$ Bn)
FIG. 8 Global SBHS Market Value and Growth, 2018 – 2027 , (US$ Bn and % Y-o-Y)
FIG. 9 Market Positioning of Key Industry Participants, 2018
FIG. 10 Global SBHS Market Value Contribution, By End-use, 2018 & 2027 (Value %)
FIG. 11 SBHS Airport Market Value and Growth, 2017 – 2027 , (US$ Bn)
FIG. 12 SBHS Railway Station Market Value and Growth, 2017 – 2027 , (US$ Bn)
FIG. 13 SBHS Sea Ports Market Value and Growth, 2017 – 2027 , (US$ Bn)
FIG. 14 SBHS Others (Bus Stations, Commercial Complexes, etc.) Market Value and Growth, 2017 – 2027 , (US$ Bn)
FIG. 14 Global SBHS Market Value Contribution, By Functionality, 2018 & 2027 (Value %)
FIG. 15 Global SBHS Market Value & Growth for Sorting , 2017 – 2027 , (US$ Bn)
FIG. 16 Global SBHS Market Value & Growth for Conveying, 2017 – 2027 , (US$ Bn)
FIG. 17 Global SBHS Market Value & Growth for Tracking & Tracing, 2017 – 2027 , (US$ Bn)
FIG. 18 Global SBHS Market Value & Growth for Diverting, 2017 – 2027 , (US$ Bn)
FIG. 19 Global SBHS Market Value Contribution, By Technology, 2018 & 2027 (Value %)
FIG. 20 Global SBHS Market Value & Growth for Bar Code , 2017 – 2027 , (US$ Bn)
FIG. 21 Global SBHS Market Value & Growth for Radio Frequency Identification (RFID), 2017 – 2027 , (US$ Bn)
FIG. 22 North America SBHS Market Value and Growth, 2017 – 2027 , (US$ Bn) (Y-o-Y %)
FIG. 23 Europe SBHS Market Value and Growth, 2017 – 2027 , (US$ Bn) (Y-o-Y %)
FIG. 24 Asia Pacific SBHS Market Value and Growth, 2017 – 2027 , (US$ Bn) (Y-o-Y %)
FIG. 25 RoW SBHS Market Value and Growth, 2017– 2027, (US$ Bn) (Y-o-Y %)
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