According to a market report by Lucintel, the future of the global baggage handling system market looks promising with opportunities in the check-in, screening, and loading, conveying and sorting, ad unloading and reclaim markets. The global baggage handling system market is expected to reach an estimated $14.4 billion by 2030 with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are rising number of passenger traffic, significant advancements in multimodal transportation methods, and growing focus on improving operational efficiency at airports.
In this market, conveyor
and destination coded vehicle are the major segments of baggage handling system
market by type.
Lucintel forecasts that
conveyor will remain the larger segment over the forecast period as it is
considered as the prime transportation medium for baggage.
Within this market,
conveying and sorting will remain the largest segment due to rising number of
air and marine passengers.
APAC will remain the
largest region over the forecast period due to increase in number of passengers
traveling and rising number of upcoming airport projects in the region.
Siemens, Vanderlande
Industries, Daifuku, Pteris Global Limited, Beumer, and SITA, are the major
suppliers in the baggage handling system market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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