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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

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Growing Travel Industry to Boost Demand for Smart Baggage Handling Systems Worldwide

The global smart baggage handling systems market was valued at US$ 1.20 billion in 2018 and was expected to grow at a CAGR of 13.6% from 2019 to 2027. Rising travel and tourism industries and the modernization of existing airports and railway stations are driving growth for the smart baggage handling systems market worldwide.

To handle the 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.

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Market Synopsis

Radio Frequency Identification (RFID) Technology to Continue Leading the Market during the Forecast Period

Based on technology, the global market for smart baggage handling systems 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 in 2018, accounting for more than 1/3 of the market share. The dominance is due to the ongoing modernization of airport infrastructure and the construction of new airports.

Asia Pacific will be the fastest-growing segment owing to rising passenger and cargo traffic and rising government investments in 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 and 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 to markets pertaining to information management and airport security checkpoints.

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. K.G., SITA, G&S Airport Conveyor, and Alstef Automation S.A., among others.

Periods of History and Forecast

This research report presents the analysis of each segment from 2017 to 2027, considering 2018as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is 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 the global smart baggage handling system market based on transportation type, solution, technology type, and geography. Key segments covered in the report are as follows:

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Key questions are answered in this report.

  • What was the size of the smart baggage handling systems market in 2018, and what is the forecast through 2027?
  • Which is the largest regional market for smart baggage handling systems?
  • What are the major trends followed in the 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?

This report’s distinct data points

  • Statistics on baggage handling systems worldwide
  • Recent trends across different regions in terms of the adoption of smart baggage handling systems
  • Notable ongoing developments in the smart baggage handling system industry
  • Attractive investment propositions for different segments of the 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.

List of Figures

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 %)

List of Tables

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)

Frequently Asked Question:

What is the size of Smart Baggage Handling System Market?

The market for Smart Baggage Handling System Market is expected to reach USD$ 1.20 Bn in 2027.

What is the Smart Baggage Handling System Market CAGR?

The Smart Baggage Handling System Market is expected to see significant CAGR growth over the coming years, at 13.6%.

What is the Forecast period considered for Smart Baggage Handling System Market?

The report is forecasted from 2019 -2027.

What is the base year considered for Smart Baggage Handling System Market?

The base year of this report is 2018.

Who are the major players in this market?

Vanderlande Industries, Daifuku Co. Ltd., Pteris Global Limited, BEUMER Group GmbH & Co. K.G. are some of the major players in the global market.

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