Baggage Handling System Market

Baggage Handling System Market Share & Analysis – Industry Overview

Base Year: 2022 Historical Data: 2019-21
  • Report ID: TBI-13965
  • Published Date: Jan, 2024
  • Pages: 239
  • Category: Automotive & Transportation
  • Format: PDF
Buy @ $4700.00 Request Sample PDF

Segment Analysis

Regional segmentation analysis

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the most prominent global Baggage Handling System market, with a 41.29% market revenue share in 2022.

The expanding middle class in Asia Pacific countries has increased air travel for business and leisure purposes. Additionally, the region has become a popular tourist destination. These factors drive the need for efficient and reliable baggage handling systems to handle the growing number of passengers. Furthermore, urbanization and economic development in India, Malaysia, Singapore, China, Thailand, and other Southeast Asian countries contribute to increased air travel. As major cities become economic hubs, airports play a crucial role in supporting business and tourism activities, leading to a higher demand for efficient baggage-handling solutions. The region's strategic location makes it a vital hub for international air travel. Airports in countries like Singapore, Hong Kong, and Dubai serve as major transit points, further boosting the demand for advanced baggage handling systems to manage transfer and connecting flights. North America held a significant market share in 2022. North America is home to some of the world's busiest and most established airports. The United States, in particular, has a vast aviation network with numerous major airports, contributing to a high demand for advanced baggage handling systems to manage passenger luggage efficiently. In addition, the region experiences consistently high air travel demand due to a large population, business activities, and a strong tourism sector. This sustained demand requires airports to continually invest in modern baggage handling systems to handle the increasing volume of passengers. Besides, North America has been at the forefront of technological innovation, and its airports quickly adopted advanced technologies. These aspects include implementing sophisticated baggage handling systems with automation, RFID technology, and advanced tracking solutions to enhance operational efficiency.

Asia Pacific Region Baggage Handling System Market Share in 2022 - 41.29%

 

www.thebrainyinsights.com

Check the geographical analysis of this market by requesting a free sample

Type Segment Analysis

The type segment is classified into conveyor and destination coded vehicle (DCV). The conveyor segment dominated the market, with a share of around 71.42% in 2022. Conveyors are highly efficient in handling bulk items, making them well-suited for transporting large quantities of baggage in airports with high passenger traffic. They facilitate the smooth movement of baggage from check-in counters to sorting areas and eventually to the designated departure gates. Furthermore, conveyor baggage handling systems are designed for continuous and automated operation, reducing the need for manual baggage handling. This automation streamlines the baggage handling process, minimizing errors and ensuring a more efficient and reliable system. Additionally, the conveyor baggage handling system offers high customization and scalability. They can be tailored to fit different airports' layout and specific requirements, whether large international hubs or smaller regional facilities. This adaptability makes conveyor systems suitable for various airport sizes and configurations.

Solution Segment Analysis

The solution segment is divided into check-in, screening and loading, conveying and sorting, and unloading and reclaim. The conveying and sorting segment dominated the market, with a share of around 57.24% in 2022. Conveying and sorting systems enable the continuous and efficient baggage flow from check-in counters to departure gates. These systems use conveyor belts to transport baggage seamlessly through various stages of the handling process, ensuring a streamlined and uninterrupted operation. Sorting systems are integral to baggage handling efficiency. Automated sorting technology efficiently directs each piece of luggage to the correct destination, whether it's another part of the airport, an outbound flight, or an arrival carousel. Automation reduces errors and enhances the overall reliability of the system. Additionally, conveying and sorting systems are highly adaptable to diverse airport layouts. They can be customized to fit different airports' spatial constraints and operational requirements, whether large international hubs or smaller regional facilities. This adaptability makes them suitable for various airport sizes and configurations.

Tracking Technology Segment Analysis

The tracking technology segment is split into barcode systems and RFID system. The barcode systems segment dominated the market, with a share of around 77.21% in 2022. Barcode systems offer a cost-effective means of baggage identification. Compared to alternative technologies, such as RFID (Radio-Frequency Identification), barcodes are generally more affordable to implement, making them an attractive choice for airports seeking efficient yet budget-friendly solutions. Barcodes have a proven track record of reliability and accuracy in baggage tracking. The technology has been widely used across various industries for decades, and its reliability makes it a trusted choice for ensuring that each piece of luggage is accurately identified and routed. In addition, barcode systems are relatively easy to integrate into existing baggage handling systems. Airports can adopt barcode technology without extensive overhauls, allowing for seamless integration with conveyor and sorting systems and other components of the baggage handling infrastructure.

Mode Of Transport Segment Analysis

The mode of transport segment includes airport, marine and railway. The airport segment dominated the market, with a share of around 90.68% in 2022. Airports play a crucial role in shaping the overall passenger experience. Efficient baggage handling is integral to this experience, and airports invest in advanced baggage handling systems to ensure passengers' seamless and positive journeys. Moreover, efficient baggage handling is essential for the overall operational efficiency of airports. Timely and accurate movement of luggage from check-in to the aircraft and vice versa contributes to on-time departures, minimizes delays, and enhances the overall operational performance of airports. Importantly, airports serve as vital hubs for global connectivity, connecting passengers to various destinations worldwide. Efficient baggage handling systems are essential for facilitating smooth transfers and connections between flights, contributing to the effectiveness of airports as transit points.

Request Table of Content

+1

This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global Baggage Handling System market based on below-mentioned segments:

Global Baggage Handling System Market by Type:

  • Conveyor                       
  • Destination Coded Vehicle (DCV)

Global Baggage Handling System Market by Solution:

  • Check-In, Screening and Loading
  • Conveying and Sorting               
  • Unloading and Reclaim

Global Baggage Handling System Market by Tracking Technology:

  • Barcode Systems           
  • RFID System

Global Baggage Handling System Market by Mode Of Transport:

  • Airport       
  • Marine
  • Railway

Global Baggage Handling System Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

Some Facts About The Brainy Insights

50%

Free Customization

300+

Fortune 500 Clients

1

Free Yearly Update On Purchase Of Multi/Corporate License

900+

Companies Served Till Date