Loading...

Global Airport Baggage Handling Systems Market Expected to Reach $14,509.9 Million by 2025

 
 

quote Considering the airport class category, in terms of revenue, the class A segment dominated the global airport baggage handling systems market in 2017. By service, the assisted service segment is anticipated to dominate the market throughout the forecast period. quote

Rohit Sawant & Prasad Kakade
Lead Analysts at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled,"Airport Baggage Handling Systems Market by Airport Class, Service, Type, and Technology: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global airport baggage handling systems market was valued at $8,504.2 million in 2017, and is projected to reach $14,509.9 million by 2025, growing at a CAGR of 6.7% from 2018 to 2025.

At present, North America dominates the market, followed by Europe. In 2017, the U.S. dominated the North America market, and UK led the overall market in Europe. On the other hand, in the Asia-Pacific region, China dominates the market.

Increase in air travel, modernization of airports, and technological advancements, such as RFID tags and NFC, drive the growth of the global airport baggage handling systems market. However, high upfront & maintenance cost of baggage handling systems and high consequences of system failure impede the market growth. On the contrary, utilization of robotization in the airports baggage handling process is expected to create lucrative opportunities for the key players operating in this market

Key Findings of the Airport Baggage Handling Systems Market:

  • Based on airport class, the class A segment led the global airport baggage handling systems market in 2017. However, the class B segment is anticipated to grow at the highest CAGR during the forecast period.
  • North America held a major market share in 2017.
  • By technology, the barcode segment dominated the global airport baggage handling systems market in 2017.
  • LAMEA is anticipated to exhibit the highest CAGR in the near future.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Shaun Godinho
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Airport Baggage Handling System Market by Airport Class (Class A, Class B and Class C), Service (Self-Service and Assisted Service), Type (Conveyor and Destination Coded Vehicle), and Technology (Barcode and RFID): Global Opportunity Analysis and Industry Forecast, 2018 - 2025 quote

View Report
 
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Global Airport Baggage Handling Systems Market"
Purchase Enquiry