Airport Baggage Handling Systems Market in 2021: Study Growth Factors, Types and Applications with Upcoming Opportunities
Market Research Future Published a Cooked Research Report on The Global Airport Baggage Handling Systems is expected to grow at a CAGR of around 7.56% during 2016-2021.
Pune, India – November 18, 2016 /MarketersMedia/ —
Market Synopsis
The global Airport Baggage Handling Systems Market is expected to grow at a CAGR of around 7.56% during 2016-2021. This growth is driven due to increasing air traffic, up gradation and modernization of airports. As per the MRFR analysis, increasing focus on airport efficiency and focus on customer satisfaction are some of the other factors that are significantly contributing to the growth of the market.
Market Segmentation
By Airport Class
o A
o B
o C
By Technology
o Barcode
o RFID
By Service
o Self-Service
o Assisted-Service
By Type
o Conveyors
o Destination-Coded
o Vehicles
By Geography
o Americas (North & Latin)
o Europe
o Asia – Pacific
o Middle East & Africa
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Key Findings
• Airport construction and terminal expansion projects are the key factors driving the market
• Utilization of technology (such as RFID) for airport baggage handling processes has been growing
• In 2014, 24.1 million airport passenger bag was mishandled, which cost the industry $2.4 billion
• APAC will grow at a CAGR of around 10% in the forecast period, followed by Americas and EMEA with XX% and XX%, respectively
Taste the market data and market information presented through more than 70 market data tables and figures spread in 120 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Commercial Airport Baggage Handling Systems Market to 2021”
Key Player
• Vanderlande Industries
• Daifuku Company Ltd
• Siemens AG
• Pteris Global Limited
• Beumer Group
• Grenzebach Maschinenbau GMBH
• Fives Group
• BCS Group
• G&S Airport Conveyor
• Logplan LLC
Regional Analysis
Asia Pacific is leading the global market with around 40% market share and will remain the dominant player during forecast period. As per the estimates, the region would have an annual average growth of 6.3% in passenger traffic for the next 20 years. It is estimated that almost 50% of global air passenger’s traffic over the next 20 years will originate from APAC. These factors will boost the demand for airport baggage handling systems market.
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Table of Content
1. Introduction
1.1 Report Description
1.2 Research Objective
2. Executive Summary
2.1 Key Findings / Highlights
2.1.1 Investment Opportunities
2.1.2 Market Strategies
2.1.3 Latest Developments
3. Scope of the Study
3.1 Markets Covered
3.2 Years Considered For the Study (2016-2021)
3.2 Geographic Scope
3.3 Key Stakeholders
4. Assumptions and Limitations
5. Research Methodology
5.1 Primary Research
5.2 Secondary Research
5.3 Econometric and Forecasting Model
6. Market Size Estimation
6.1 Top down Approach
6.2 Bottom up Approach
7. Market Factor Analysis
7.1 Value Chain Analysis
7.2 Supply Chain Analysis
7.3 Porter’s Five Forces Analysis
8. Market Dynamics
8.1 Drivers
8.2 Restraints
8.3 Opportunities
8.4 Trends
9. Market Segmentation
9.1 By Airport Class
9.2 By Technology
9.3 By Service
9.4 Geography
Continue…………..
This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Airport Baggage Handling Systems Market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.
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