Press release
Global Baggage Handling System Market to reach a value of USD 13.12 billion by 2027
Baggage Handling System Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/baggage-handling-system-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
• Historical Market Size (2021): USD 8.73 billion
• Forecast CAGR (2022-2027): 7.02%
• Forecast Market Size (2027): USD 13.12 billion
The baggage handling system market in Asia is expanding rapidly due to increased investments in airport development and an increase in air passengers in the region. An increase in airport infrastructure construction projects in both established and emerging nations in the region are expanding the baggage handling system market.
Other than Asia, North America is anticipated to hold a significant share in the baggage handling system market owing to increasing population, speedy modernization, growing aviation industry and increasing airport traffic in the region.
Baggage Handling System Industry Definition and Major Segments
A baggage handling system (BHS) is a conveyor system whose purpose is to check the weights of bags and suitcases and their numbers during screening at security and balance evaluation. The main purpose of BHS is to enhance the operational efficiency of airports, railways, and marines and augment passenger satisfaction and convenience.
The baggage handling system market can be segmented on the basis of type, technology, solution, application and major regions.
Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/baggage-handling-system-market
Based on technology, the market is segmented into:
• Barcode
• Radio-Frequency Identification (RFID)
Based on type, the market can be divided into:
• Conveyor
• Destination Coded Vehicle (DCV)
Based on solution, the market is segmented into:
• Check-In
• Screening and Load
• Conveying and Sorting
• Unload and Reclaim
Based on application, the market can be bifurcated into:
• Airport
• Railway
• Marine
• Others
Based on region, the market can be divided into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Baggage Handling System Market Trends
Due to a growing population and rising disposable incomes, an increase in airport travellers is fueling the global market for baggage handling systems. The increased emphasis on improving air connectivity is promoting air travel, which is boosting the market expansion of baggage handling systems. The market for baggage handling systems is being further stimulated by the rapid construction of airports, the rise in freight and passenger traffic, and rising airport safety issues including terrorist threats.
The use of automated baggage handling systems is being bolstered by technological developments and increased investments. Additionally, the market expansion for baggage handling systems is being supported by the rapid introduction of sophisticated and cutting-edge baggage handling systems by numerous important players.
Key Market Players
The major players in the baggage handling systems market report include:
Vanderlande Industries B.V.
Siemens Logistics GmbH
Beumer Group GmbH & Co.
KG, Daifuku Co., Ltd
Pteris Global Limited
G&S Airport Conveyor
Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.
More Reports:
Acute Coronary Syndrome Treatment Market: https://www.expertmarketresearch.com/reports/acute-coronary-syndrome-treatment-market
Latin America Paints and Coatings Market: https://www.expertmarketresearch.com/reports/latin-america-paints-and-coatings-market
Latin America Ice Cream Market: https://www.expertmarketresearch.com/reports/latin-america-ice-cream-market
Europe Electric Micro Vehicles Market: https://www.expertmarketresearch.com/reports/europe-electric-micro-vehicles-market
United States Pet Tech Market: https://www.expertmarketresearch.com/reports/united-states-pet-tech-market
North America Drywall Market: https://www.expertmarketresearch.com/reports/north-america-drywall-market
North America Alternative Proteins Market: https://www.expertmarketresearch.com/reports/north-america-alternative-proteins-market
Middle East and Africa Intravenous Solutions Market: https://www.expertmarketresearch.com/reports/middle-east-and-africa-intravenous-solutions-market
Europe Rainwater Harvesting Market: https://www.expertmarketresearch.com/reports/europe-rainwater-harvesting-market
United States Alternative Proteins Market: https://www.expertmarketresearch.com/reports/united-states-alternative-proteins-market
Media Contact:
Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
LinkedIn:- https://www.linkedin.com/company/expert-market-research
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Baggage Handling System Market to reach a value of USD 13.12 billion by 2027 here
News-ID: 2791183 • Views: …
More Releases from Expert Market Research
Onychomycosis Market Size, Share, Report and Forecast 2024-2032
Onychomycosis Market Outlook
The onychomycosis market size was valued at USD 4 billion in 2023 in the 7 major markets, driven by the rising prevalence of onychomycosis especially in the geriatric population across the major markets. The market size is anticipated to grow at a CAGR of 5.2% during the forecast period of 2024-2032 to achieve a value of USD 6.3 billion by 2032.
Get a Free Sample Report with Table of…
Male Hypogonadism Market Size, Share, Report and Forecast 2024-2032
Male Hypogonadism Market Outlook
The male hypogonadism market size is expected to grow at a CAGR of 3.6% during the forecast period of 2024-2032, driven by the rising prevalence of male hypogonadism, growing elderly population size, and heightened awareness among patients across the 8 major markets.
Male Hypogonadism: Introduction
Male hypogonadism is a medical condition characterised by the body's inability to produce sufficient amounts of testosterone, the hormone essential for male sexual development…
Saudi Arabia Fuel Station Market Size, Share, Trends, Growth, Analysis, Outlook, …
According to the report by Expert Market Research (EMR), the Saudi Arabia fuel station market size is expected to grow at a CAGR of 7.50% between 2023 and 2028. Aided by the consistent demand for fuel and the growth in vehicle sales, the market is expected to grow significantly by 2028.
Fuel stations, also known as petrol stations or gas stations, serve as a primary source of petrol, diesel, and other…
Global Exterior Sheathing Market Size, Share, Growth, Price, Analysis, Outlook R …
According to the report by Expert Market Research (EMR), the global exterior sheathing market size grew significantly in 2023. Aided by the increased construction activities and rising population, the market is projected to grow at a CAGR of 5.00% between 2024 and 2032.
Exterior sheathing, pivotal for structural integrity, is a board or panel affixed directly to studs, joists, or rafters of a building structure. Beyond its principal role of imparting…
More Releases for Market:
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
Global Organic Food & Beverage Market | Market Size, Market Share, Market Trends …
The term 'organic' has gained much popularity since the last decade, which refers to the process of how certain foods are produced. Organic food is grown without the use of synthetic chemicals, such as human-made pesticides and fertilizers, and does not contain genetically modified organisms (GMOs). According to the recently published report titled, 'Global Organic Food & Beverage Outlook, 2026', by Bonafide Research the organic foods & beverage industry has…
Robotic Cardiology Surgery Market Insights Includes Market Share, Market Researc …
Robotic Cardiology Surgery Market
Global demand for cardiac surgery robots in 2025 will explode to $XXX billion. This represents an astonishing XX% growth yearly in terms of annual revenue between 2016 and 2025, and a cumulative market total of $7.50 billion during 2017-2025 owing to the substantial increase of robot-based and computer-assisted cardiological surgery procedures for heart disorders.
Global Robotic Cardiology Surgery Market 2016-2025: Market Size, Share, Forecast and Strategy is based…
Educational Robots Market, Market Segmentation, Market Report, Market Forecast
Global Educational Robots market valued USD 670 Million in 2017 and is likely to grow more than USD 2339.8 Million by 2025 with a compounded annual growth of 16.92% over the forecast period 2018-2025. The market growth is primarily driven by technological enhancements in the field of robotics and increasing use of robots for educational purposes. However, high initial research and development expenses hamper market growth. The main function of…
