Smart Luggage Market Technology (Sensors, SIM Cards, USB Charging, Connectivity, ) Connectivity (GPS, Wi-Fi, RFID, Bluetooth) Application (Remote Locking, Digital Scaling, Real-time Tracking, Proximity Sensors, Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027
A06547 | Pages: NA | Jun 2021 | 990 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Smart Luggage Market
Request Now !Smart luggage are the bags with different tech features like Bluetooth, GPS, Wi-Fi, and built-in battery. It has a sleek design and durable material that make this suitcase appealing and stylish. Smart luggage is light in weight. Smart luggage should have a removable battery according to the rules and regulations from airlines. Increase in the penetration of the internet and changes in needs and demand is innovating new things and user-friendly. Smart luggage is increasing the comfort level with an upgraded version of traditional luggage.
Market scope and structure analysis:
        Report Metric |                      Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value ($US) |
 Segments covered |  Technology, Connectivity, Application, and Region |
 Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA) |
 Companies covered | Samsonite International S.A., Away, Trunkster, Raden, Bluesmart Black Edition International, Horizn, Delsey, Planet Traveler, Ready Traveler, TraxPack. |
Â
COVID-19 Scenario Analysis:Â
The demand for smart luggage is drastically affected by the COVID-19 crises.
Due to lockdown, people are now staying in their homes and all the tourist places are closed. This affects the sale of smart luggage.
Travel is also restricted due to COVID-19 which impacts the financial position in the travel market.
Due to lockdown, the retail stores are closed which has hit the business sales by 60%.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The factors that drive the growth of the global smart luggage market are high tech features, penetration of internet, comfort level, increase in income, awareness about the products, urbanization, and inclination toward a luxurious lifestyle. However, the price of smart luggage hinders the growth of the global market as it is a premium-priced product. Contrarily, a decrease in the price of smart luggage and the adoption of new technology can be an opportunity for the growth of the market.Â
The global smart luggage market trends are as follows:
The aviation authorities have restricted the usage of lithium batteries in smart bags. So, the companies are changing and building removable batteries for smart luggage. With new technology, manufacturers are producing a new product that gives a high degree of comfort and comes under aviation administration guidelineÂ
For Instance, the Incase ProConnected 4-wheel Hubless Roller is a smart luggage that gives 20,100mAh battery power, USB-C, and made up polycarbonate and strong Polyester, and its battery is removable.
Key Segments Covered:
      Segments |                 Sub-segments |
 Technology |
|
 Connectivity |
|
 Application |
|
Â
Key Benefits of the Report:
This study presents the analytical depiction of the global smart luggage industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global smart luggage market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global smart luggage market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
The report provides a detailed global smart luggage market analysis based on competitive intensity and how the competition will take shape in coming years.Â
Questions Answered in the Smart Luggage Market Research Report:
What are the leading market players active in the smart luggage market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Smart Luggage Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
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 Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
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