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Smart Luggage And Tracking Technologies Market By Product (Smart Suitcases And Bags, Smart Trackers) – Growth, Future Prospects, And Competitive Analysis, 2017 -2025

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Published: | Report ID: 10273 | Report Format : PDF

Market Insights:

Smart luggage refers to traditional suitcases and bags that have been outfitted with various electronic components that allow for luggage identification, tracking, and enhanced security. Smart suitcases and bags are equipped with GPS capabilities and enable communication with the user’s smartphone through Bluetooth Low Energy (BLE) technology. With the use of a smartphone application, users can constantly track and locate the whereabouts of their luggage anywhere across the world. In addition, some of the latest smart suitcases also enable users to automatically lock and unlock their luggage through such apps. Other security features offered in the most advanced smart luggage include fingerprint scanners and virtual keys, which can be assigned to multiple users through the primary user’s smartphone. Thereby, smart suitcases have offered a viable solution for commuters to seamlessly ensure the safety and security of their luggage during any type of commute. Some of the other features offered by smart luggage include charging capabilities, motorized mobility, and autonomous movement, among others. Apart from smart luggage, which involves communication technologies incorporated within the luggage itself, there has been a growing adoption of various trackers that come as standalone systems and can be stored in regular luggage. Users can simply incorporate such tracking systems into their regular luggage to easily locate and track their belongings without incurring the higher costs of smart luggage. The tracking systems have offered a viable solution to various commuters who seek to make use of the latest technologies but cannot afford an integrated product.

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One of the major factors driving the demand for smart luggage is the technological advancements in communication and sensing technologies. With the increasing usage of smartphones coupled with the rising penetration of the Internet, there has been a growing demand for technologically advanced products from all walks of life. Furthermore, with decreasing costs of sensors and higher availability of the Internet, the market is expected to witness a rise in the number of products in the smart luggage segment.

The report titled “Global Smart Luggage and Tracking Technologies Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” offers strategic insights into the global smart luggage and tracking technologies market, along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on product type and mobility and a cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report covers a section providing production and pricing trends in some of the major markets.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading providers of smart luggage, market positioning, and key developments. Some of the major players profiled in the report are Bluesmart, Raden, Inc., TRAXPACK LLC, Néit, Modobag, Aster (Lumos), Planet Traveler, Pluggage (Delsey), Samsara, Barracuda, Inc., E-CASE, COWAROBOT, Floatti, LLC, G-RO (Travel-Light, Ltd.), Trakdot, LugLoc, and Tile, Inc.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the industry’s upcoming attractive markets for smart luggage and tracking technologies
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2015–2016)

Overall, the research study provides a holistic view of the global smart luggage and tracking technologies market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global smart luggage and tracking technologies market are segmented, based on product type, into the following categories:

  • Smart Suitcases and Bags
  • Smart Trackers

Based on product type, the overall smart luggage and tracking technology market was led by the smart suitcases and bags segment in 2016. The segment accounted for over 90% of the overall smart luggage and tracking technologies market revenue across the globe. Smart suitcases and bags are essentially traditional luggage equipped with various tracking sensors and communication technologies that enable users to locate their belongings in real time. Furthermore, leading providers of smart luggage offer various features such as charging, motorized mobility, and autonomous movement, among others. The novelty associated with such new products, combined with rising disposable incomes, is expected to drive demand for such integrated solutions.

The smart tracker segment is expected to witness the fastest growth in the overall smart luggage and tracking technologies market during the forecast period. Smart trackers offer most of the key features, such as real-time location and tracking, similar to smart luggage products, at affordable prices. As a result, users are increasingly combining these systems with their existing traditional luggage to improve the safety and security of their belongings.

The global smart luggage and tracking technologies market has been segmented on the basis of geographical regions, as per the following regions and countries:

  • North America
    • U.S.
    • rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East and Africa (MEA)
    • Latin America

In 2016, Asia Pacific represented the largest market for smart luggage and tracking technologies in terms of revenue. The demand for smart luggage and tracking technology in the region is primarily supported by the higher number of travelers in China. Over the past decade, the country has witnessed an increase in the number of international travelers who spend a relatively higher amount of money on the latest and most luxurious travel products. In addition, other developed markets, such as Japan and South Korea, among others, offer immense growth opportunities for such stylish and technologically advanced products. Thereby, the Asia Pacific region is expected to maintain its dominance in the overall smart luggage and tracking technologies market during the forecast period.

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North America and Europe trailed the Asia Pacific region in the overall smart luggage and tracking technologies market in 2016. A large presence of technology providers coupled with higher consumer sophistication in the regions is expected to drive the demand for smart luggage in some of the leading markets, such as the U.S., UK, Germany, and France, among others. Thereby, the overall smart luggage and tracking technologies market across the globe is expected to witness significant growth during the forecast period from 2017 to 2025.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Smart Luggage and Tracking Technologies Market
2.2 Global Smart Luggage and Tracking Technologies Market, By Product Type
2.3 Global Smart Luggage and Tracking Technologies Market, By Mobility
2.4 Global Smart Luggage and Tracking Technologies Market, By Geography

Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Smart Luggage and Tracking Technologies Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.4.1 Impact Analysis of Drivers and Restraints
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies adopted by the Leading Players

Chapter 4 Global Smart Luggage and Tracking Technologies Market Analysis, By Product Type
4.1 Market Analysis
4.2 Smart Suitcases and Bags
4.3 Smart Trackers

Chapter 5 Global Smart Luggage and Tracking Technologies Market Analysis, By Mobility
5.1 Market Analysis
5.2 Motorized
5.3 Manual

Chapter 6 North America Smart Luggage and Tracking Technologies Market Analysis
6.1 Overview
6.2 North America Smart Luggage and Tracking Technologies Market Analysis, By Product Type, 2015 – 2025
6.2.1 Market Analysis
6.3 North America Smart Luggage and Tracking Technologies Market Analysis, By Mobility, 2015 – 2025
6.3.1 Market Analysis
6.4 North America Smart Luggage and Tracking Technologies Market Analysis, By Region, 2015 – 2025
6.4.1 U.S.
6.4.2 Rest of North America

Chapter 7 Europe Smart Luggage and Tracking Technologies Market Analysis
7.1 Overview
7.2 Europe Smart Luggage and Tracking Technologies Market Analysis, By Product Type, 2015 – 2025
7.2.1 Market Analysis
7.3 Europe Smart Luggage and Tracking Technologies Market Analysis, By Mobility, 2015 – 2025
7.3.1 Market Analysis
7.4 Europe Smart Luggage and Tracking Technologies Market Analysis, By Region, 2015 – 2025
7.4.1 U.K.
7.4.2 Germany
7.4.3 France
7.4.4 Rest of Europe

Chapter 8 Asia Pacific Smart Luggage and Tracking Technologies Market Analysis
8.1 Overview
8.2 Asia Pacific Smart Luggage and Tracking Technologies Market Analysis, By Product Type, 2015 – 2025
8.2.1 Market Analysis
8.3 Asia Pacific Smart Luggage and Tracking Technologies Market Analysis, By Mobility, 2015 – 2025
8.3.1 Market Analysis
8.4 Asia Pacific Smart Luggage and Tracking Technologies Market Analysis, By Region, 2015 – 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific

Chapter 9 Rest of the World (RoW) Smart Luggage and Tracking Technologies Market Analysis
9.1 Overview
9.2 RoW Smart Luggage and Tracking Technologies Market Analysis, By Product Type, 2015 – 2025
9.2.1 Market Analysis
9.3 RoW Smart Luggage and Tracking Technologies Market Analysis, By Mobility, 2015 – 2025
9.3.1 Market Analysis
9.4 RoW Smart Luggage and Tracking Technologies Market Analysis, By Region, 2015 – 2025
9.4.1 Middle East & Africa (MEA)
9.4.2 Latin America

Chapter 10 Company Profiles
10.1 Bluesmart
10.2 Raden, Inc.
10.3 TRAXPACK LLC
10.4 Néit
10.5 Modobag
10.6 Aster (Lumos)
10.7 Planet Traveler
10.8 Pluggage (Delsey)
10.9 Samsara
10.10 Barracuda, Inc.
10.11 E-CASE
10.12 COWAROBOT
10.13 Floatti, lnc.
10.14 G-RO (Travel-Light, Ltd.)
10.15 Trakdot
10.16 LugLoc
10.17 Tile, Inc.

 

List of Figures

FIG. 1 Global Smart Luggage and Tracking Technologies: Market Segmentation
FIG. 2 Global Smart Luggage and Tracking Technologies Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Smart Luggage and Tracking Technologies Market, By Product Type, 2016 (US$ Mn)
FIG. 5 Global Smart Luggage and Tracking Technologies Market, By Mobility, 2016 (US$ Mn)
FIG. 6 Global Smart Luggage and Tracking Technologies Market, By Geography, 2016 (US$ Mn)
FIG. 7 Global Smart Luggage and Tracking Technologies Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 8 Attractive Investment Proposition
FIG. 9 Market Positioning of Key Smart Luggage and Tracking Technologies Vendors, 2016
FIG. 10 Global Smart Luggage and Tracking Technologies Market Revenue Contribution, By Product Type, 2016 & 2025 (Value %)
FIG. 11 Global Smart Suitcases and Bags Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 12 Global Smart Trackers Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 13 Global Smart Luggage and Tracking Technologies Market Revenue Contribution, By Mobility, 2016 & 2025 (Value %)
FIG. 14 Global Motorized Smart Luggage and Tracking Technologies Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 15 Global Manual Smart Luggage and Tracking Technologies Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 16 North America Smart Luggage and Tracking Technologies Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 17 Europe Smart Luggage and Tracking Technologies Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 18 Asia Pacific Smart Luggage and Tracking Technologies Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 19 RoW Smart Luggage and Tracking Technologies Market Revenue, 2015 – 2025, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Smart Luggage and Tracking Technologies Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Smart Luggage and Tracking Technologies Market Revenue, By Product Type, 2015 – 2025 (US$ Mn)
TABLE 5 North America Smart Luggage and Tracking Technologies Market Revenue, By Mobility, 2015 – 2025 (US$ Mn)
TABLE 6 Europe Smart Luggage and Tracking Technologies Market Revenue, By Product Type, 2015 – 2025 (US$ Mn)
TABLE 7 Europe Smart Luggage and Tracking Technologies Market Revenue, By Mobility, 2015 – 2025 (US$ Mn)
TABLE 8 Asia Pacific Smart Luggage and Tracking Technologies Market Revenue, By Product Type, 2015 – 2025 (US$ Mn)
TABLE 9 Asia Pacific Smart Luggage and Tracking Technologies Market Revenue, By Mobility, 2015 – 2025 (US$ Mn)
TABLE 10 RoW Smart Luggage and Tracking Technologies Market Revenue, By Product Type, 2015 – 2025 (US$ Mn)
TABLE 11 RoW Smart Luggage and Tracking Technologies Market Revenue, By Mobility, 2015 – 2025 (US$ Mn)
TABLE 12 Bluesmart: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 13 Raden, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 14 TRAXPACK LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 15 Néit: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 16 Modobag: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 17 Aster (Lumos): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 18 Planet Traveler: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 19 Pluggage (Delsey): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 20 Samsara: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 21 Barracuda, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 22 E-CASE: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 23 COWAROBOT: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 24 Floatti, lnc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 25 G-RO (Travel-Light, Ltd.): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 26 Trakdot: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 27 LugLoc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 28 Tile, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

Frequently Asked Questions:

What is the size of Smart Luggage And Tracking Technologies Market?

The market for Smart Luggage And Tracking Technologies is expected to reach US$ 613.1 Mn in 2025.

What is the Smart Luggage And Tracking Technologies Market CAGR?

The Smart Luggage And Tracking Technologies market is expected to see significant CAGR growth over the coming years, at 25.6%.

What is the Forecast period considered for Smart Luggage And Tracking Technologies Market?

The report is forecasted from 2017-2025.

What is the base year considered for Smart Luggage And Tracking Technologies Market?

The base year of this report is 2016.

Who are the major players in this Market?

Bluesmart, Raden, Inc., TRAXPACK LLC, Néit, Modobag are some of the major players in the global market.

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