Global Airport Baggage Handling Systems (BHS) Market is Growing at a CAGR of 7.56% from 2016-2021

“Airport BHS Market”
Global Commercial Airport Baggage Handling Systems Market Report by Airport Class (A, B, C), Technology (Barcode, RFID), Service (Self-Service, Assisted-Service), Type (Conveyors, Destination-Coded Vehicles) and by Geography- Forecast to 2021

Market Synopsis

The global Airport Baggage Handling Systems Market is expected to grow at a CAGR of around 7.56% during 2016-2021. This growth is driven due to increasing air traffic, up gradation and modernization of airports. As per the MRFR analysis, increasing focus on airport efficiency and focus on customer satisfaction are some of the other factors that are significantly contributing to the growth of the market.

 

Market Segmentation

By Airport Class

  • A
  • B
  • C

 

By Technology

  • Barcode
  • RFID

 

By Service

  • Self-Service
  • Assisted-Service

 

By Type

  • Conveyors
  • Destination-Coded
  • Vehicles

 

By Geography

  • Americas (North & Latin)
  • Europe
  • Asia – Pacific
  • Middle East & Africa

 

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Key Findings

  • Airport construction and terminal expansion projects are the key factors driving the market
  • Utilization of technology (such as RFID) for airport baggage handling processes has been growing   
  • In 2014, 24.1 million airport passenger bag was mishandled, which cost the industry $2.4 billion
  • APAC will grow at a CAGR of around 10% in the forecast period, followed by Americas and EMEA with XX% and XX%, respectively

 

Key Player

  • Vanderlande Industries
  • Daifuku Company Ltd
  • Siemens AG
  • Pteris Global Limited
  • Beumer Group
  • Grenzebach Maschinenbau GMBH
  • Fives Group
  • BCS Group
  • G&S Airport Conveyor
  • Logplan LLC

 

Regional Analysis

Asia Pacific is leading the global market with around 40% market share and will remain the dominant player during forecast period. As per the estimates, the region would have an annual average growth of 6.3% in passenger traffic for the next 20 years. It is estimated that almost 50% of global air passenger’s traffic over the next 20 years will originate from APAC. These factors will boost the demand for airport baggage handling systems market.

 

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Table of Content

1. Introduction

1.1 Report Description

1.2 Research Objective

2. Executive Summary

   2.1 Key Findings / Highlights

        2.1.1 Investment Opportunities

        2.1.2 Market Strategies

        2.1.3 Latest Developments         

3. Scope of the Study

     3.1 Markets Covered

     3.2 Years Considered For the Study (2016-2021) 

     3.2 Geographic Scope

     3.3 Key Stakeholders         

4. Assumptions and Limitations

5. Research Methodology

5.1 Primary Research

5.2 Secondary Research

5.3 Econometric and Forecasting Model

6. Market Size Estimation

    6.1 Top down Approach

    6.2 Bottom up Approach    

7. Market Factor Analysis

7.1 Value Chain Analysis

7.2 Supply Chain Analysis

7.3 Porter’s Five Forces Analysis

8. Market Dynamics

8.1 Drivers

8.2 Restraints

8.3 Opportunities

8.4 Trends

9. Market Segmentation

   9.1 By Airport Class

   9.2 By Technology

   9.3 By Service          

   9.4 Geography

Continue…………..

 

This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Airport BHS Market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.

 

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