Baggage Handling System Market Share, Trends and Forecast (2019-2025)
                     MarketsandMarkets 
Presents
Baggage Handling System Market 
Share, Trends and Forecast (2019-
2025)
https://
www.marketsandmarkets.com/Market-Reports/baggage-handling-sys
tem-market-222241953.html
 
The Baggage Handling System Market is projected to grow at a CAGR 
of 7.28%, from USD 8.4 billion in 2018 to USD 13.7 billion by 2025. The 
increasing focus on improving operational efficiency at airports, growing 
air passenger volume, and significant developments in intermodal 
transport are the major factors which will drive the market.
In mode of transport, the airport segment is projected to be the 
largest contributor during the forecast period.
The luggage handling system market for airports is estimated to account 
for the largest market share during the forecast period. Airports 
contribute almost 95% share of the market. According to primary 
insights, the airport segment will continue to dominate the market in the 
next 20–30 years. With aggressive incentives and mandates from the 
government, India and China have established themselves as leaders in 
the airport industry. Airport luggage handling systems play an important 
role in the global economy as they attract many suppliers and 
manufacturers for business investments. The growth of this market can 
also be attributed to the increasing percentage of air passenger traffic 
worldwide. According to the International Air Transport Association (IATA), 
the global annual average air passenger journeys are projected to grow 
by about 3.8% from 2014 to 2034. 
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The conveyor type of baggage-handling system is estimated to 
be the largest market during the forecast period.
The conveyor segment is projected to the lead the baggage handling 
system, by type. Airports with low passenger traffic use conveyors as the 
prime transportation medium for baggage. Class C and a few class B 
airports use the conveyor type luggage handling system. Destination 
coded vehicle (DCV) is a relatively new technology used in bigger 
airports with multiple terminals. According to primary insights, DCV is 
currently the fastest way to transport luggage. The growth in the 
adoption of DCVs can be attributed to the interlinking of terminals, 
increase in passenger traffic, and upgrading of airports.
The conveying and sorting segment is expected to be the largest 
contributor in the baggage handling system market, by solution, 
during the forecast period.
The conveying and sorting segment is projected to lead the market, by 
solution. According to primary insights, sorting is the heart of the total 
luggage handling system. The exponential increase in air and marine 
passenger volume for domestic and international travels worldwide has 
encouraged manufacturers to find ways to improve existing baggage 
handling technologies with automated sorting. According to Société 
Internationale de Télécommunications Aéronautiques (SITA), with a rise 
in automation reflected in increasing use of conveyor systems, the rate 
of baggage mishandling reduced in 2018 compared to 2017.
Asia Oceania is expected to account for the largest market size 
during the forecast period.
Asia Oceania is projected to hold the largest market share. Factors such 
as growing air passenger volume, upcoming airport projects, presence of 
cruise industry, scope for multimodal transport, economy of countries, 
government investments in railway, marine, and airport projects, 
consumer acceptance, and government regulations have triggered the 
demand for baggage handling systems in the region. Due to the ever-
growing air passenger traffic, China accounts for the highest market 
share of the Asia Oceania market. According to the IATA, India is 
expected to be the third largest aviation market (in terms of passengers) 
by 2024, which will make Asia Oceania the largest travel market in the 
near future. Such developments are expected to help Asia Oceania 
dominate the market in the near future as well.
Some of the key players in the baggage handling system market are 
Siemens (Germany), Vanderlande Industries (Netherlands), Daifuku 
(Japan), Pteris Global Limited (Singapore), BEUMER (Germany), and SITA 
(Switzerland). Vanderlande Industries (Netherlands) is identified as the 
leading player in the market.
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