Commercial Airport Baggage Handling Systems Market Analysis and Global Forecast to 2021

PUNE, India, 2017-Jun-29 — /EPR Network/ —Market Synopsis of Commercial Airport Baggage Handling Systems: The global Airport Baggage Handling Systems 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.

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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Key Player of Commercial Airport Baggage Handling Systems Market:

  • 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

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.


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Akash Anand

Market Research Future

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