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Smart Baggage Handling Solutions Market: 39% of Growth to Originate from APAC, Evolving Opportunities with ALSTEF Automation SA & BEUMER Group GmbH & Co – Technavio

NEW YORK, July 20, 2022 /PRNewswire/ — The “Smart Baggage Handling Solutions Market – Competitive Analysis, Impact of COVID-19, Five Force Analysis” report has been added to Technavio’s offering. The smart baggage handling solutions market value is anticipated to grow by USD 3.85 billion, progressing at a CAGR of 10.85% as per the latest market report by Technavio. 39% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for smart baggage handling solutions market in APAC. Market growth in this region will be faster than the growth of the market in other regions. Growing passenger traffic in APAC will facilitate the smart baggage handling solutions market growth in APAC over the forecast period.


Technavio has announced its latest market research report titled Smart Baggage Handling Solutions Market by Product and Geography - Forecast and Analysis 2021-2025

For more highlights on the region – Request a  sample now!

Smart Baggage Handling Solutions Market – Vendor Analysis

 The smart baggage handling solutions market is fragmented and the vendors are deploying growth strategies such as strategic alliances to compete in the market. The smart baggage handling solutions market report includes information on the product launches, sustainability, and prospects of leading vendors including ALSTEF Automation SA, BEUMER Group GmbH & Co. KG, Daifuku Co. Ltd., Dimark Group Sp. zoo, Lenze SE, Lyngsoe Systems AS, MATREX SAS, Siemens AG, SITA, and Vanderlande Industries BV.

  • ALSTEF Automation SA – The company offers baggage handling and screening systems that integrate new rapid standard 3 tomography machines.
  • BEUMER Group GmbH & Co. – The company offers a high-speed baggage handling system that improves its baggage handling efficiency and overall service to airlines and passengers.
  • Daifuku Co. Ltd. – The company offers a line of products such as Innovated CBRA Rooms, Baggage Check-in Conveyor, and In-line Baggage Screening Conveyor among others.
  • Dimark Group Sp. zoo  – The company offers baggage handling systems for check-in, conveyors, curve conveyors, and vertisorter among others. 
  • Lenze SE –The company offers baggage handling systems for early baggage, check-in, and belt conveyors among others.
  • To know about all major vendor offerings – Click Now!

Smart Baggage Handling Solutions Market – Market Dynamics

  • Drivers – Factors such as the growing need for efficient baggage operations at airports and railways, and the development of smart airport concepts will be crucial in driving the growth of the market.
  • Challenges – The high cost associated with SBH solutions will restrict the market growth.
  • For detailed information on the market dynamics – Grab a sample now!

Smart Baggage Handling Solutions Market – Market Segmentation

  • By Product, the market is classified into smart baggage and tracking devices and smart baggage screening devices.
  • By Geography, the market is classified as APAC, North America, Europe, MEA, and South America. 

To know about the contribution of each segment – Request a sample!

Get ready to achieve excellent business outcomes from this exclusive Smart Baggage Handling Solutions Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
  • What is the current trend taking place in the market space?
  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
  • What are market drivers, restraints, and challenges impacting demand & growth of the market?
  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Smart Baggage Handling Solutions Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Smart Baggage Handling Solutions Market Forecast Report –  Buy Now!

Related Reports:

Smart Baggage Handling Solutions Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10.85%

Market growth 2021-2025

USD 3.85 billion

Market structure

Fragmented

YoY growth (%)

10.39

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 39%

Key consumer countries

US, China, Japan, France, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ALSTEF Automation SA, BEUMER Group GmbH & Co. KG, Daifuku Co. Ltd., Dimark Group Sp. zoo, Lenze SE, Lyngsoe Systems AS, MATREX SAS, Siemens AG, SITA, and Vanderlande Industries BV

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
  • 2.2 Market characteristics
    • Exhibit 02: Market characteristics
  • 2.3 Value chain analysis
    • Exhibit 03: Value chain analysis – Global electrical components and equipment market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 – 2025
    • Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 15: Product – Market share 2020-2025 (%)
  • 5.2 Comparison by Product
    • Exhibit 16: Comparison by Product
  • 5.3 Smart baggage and tracking devices – Market size and forecast 2020-2025
    • Exhibit 17: Smart baggage and tracking devices – Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Smart baggage and tracking devices – Year-over-year growth 2020-2025 (%)
  • 5.4 Smart baggage screening devices – Market size and forecast 2020-2025
    • Exhibit 19: Smart baggage screening devices – Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Smart baggage screening devices – Year-over-year growth 2020-2025 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 21: Market opportunity by Product

6 Customer Landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 23: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 24: Geographic comparison
  • 7.3 APAC – Market size and forecast 2020-2025
    • Exhibit 25: APAC – Market size and forecast 2020-2025 ($ million)
    • Exhibit 26: APAC – Year-over-year growth 2020-2025 (%)
  • 7.4 North America – Market size and forecast 2020-2025
    • Exhibit 27: North America – Market size and forecast 2020-2025 ($ million)
    • Exhibit 28: North America – Year-over-year growth 2020-2025 (%)
  • 7.5 Europe – Market size and forecast 2020-2025
    • Exhibit 29: Europe – Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: Europe – Year-over-year growth 2020-2025 (%)
  • 7.6 MEA – Market size and forecast 2020-2025
    • Exhibit 31: MEA – Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: MEA – Year-over-year growth 2020-2025 (%)
  • 7.7 South America – Market size and forecast 2020-2025
    • Exhibit 33: South America – Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: South America – Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 35: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 36: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers – Demand led growth
  • 8.2 Market challenges
    • Exhibit 37: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Competitive scenario
  • 9.2 Vendor landscape
    • Exhibit 38: Vendor landscape
  • 9.3 Landscape disruption
    • Exhibit 39: Landscape disruption
    • Exhibit 40: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 42: Market positioning of vendors
  • 10.3 ALSTEF Automation SA
    • Exhibit 43: ALSTEF Automation SA – Overview
    • Exhibit 44: ALSTEF Automation SA – Product and service
    • Exhibit 45: ALSTEF Automation SA – Key offerings
  • 10.4 BEUMER Group GmbH & Co. KG
    • Exhibit 46: BEUMER Group GmbH & Co. KG – Overview
    • Exhibit 47: BEUMER Group GmbH & Co. KG – Product and service
    • Exhibit 48: BEUMER Group GmbH & Co. KG – Key news
    • Exhibit 49: BEUMER Group GmbH & Co. KG – Key offerings
  • 10.5 Daifuku Co. Ltd.
    • Exhibit 50: Daifuku Co. Ltd. – Overview
    • Exhibit 51: Daifuku Co. Ltd. – Business segments
    • Exhibit 52: Daifuku Co. Ltd. – Key news
    • Exhibit 53: Daifuku Co. Ltd. – Key offerings
    • Exhibit 54: Daifuku Co. Ltd. – Segment focus
  • 10.6 Dimark Group Sp. zoo
    • Exhibit 55: Dimark Group Sp. zoo – Overview
    • Exhibit 56: Dimark Group Sp. zoo – Product and service
    • Exhibit 57: Dimark Group Sp. zoo – Key offerings
  • 10.7 Lenze SE
    • Exhibit 58: Lenze SE – Overview
    • Exhibit 59: Lenze SE – Product and service
    • Exhibit 60: Lenze SE – Key offerings
  • 10.8 Lyngsoe Systems AS
    • Exhibit 61: Lyngsoe Systems AS – Overview
    • Exhibit 62: Lyngsoe Systems AS – Product and service
    • Exhibit 63: Lyngsoe Systems AS – Key offerings
  • 10.9 MATREX SAS
    • Exhibit 64: MATREX SAS – Overview
    • Exhibit 65: MATREX SAS – Product and service
    • Exhibit 66: MATREX SAS – Key offerings
  • 10.10 Siemens AG
    • Exhibit 67: Siemens AG – Overview
    • Exhibit 68: Siemens AG – Business segments
    • Exhibit 69: Siemens AG – Key news
    • Exhibit 70: Siemens AG – Key offerings
    • Exhibit 71: Siemens AG – Segment focus
  • 10.11 SITA
    • Exhibit 72: SITA – Overview
    • Exhibit 73: SITA – Product and service
    • Exhibit 74: SITA – Key news
    • Exhibit 75: SITA – Key offerings
  • 10.12 Vanderlande Industries BV
    • Exhibit 76: Vanderlande Industries BV – Overview
    • Exhibit 77: Vanderlande Industries BV – Product and service
    • Exhibit 78: Vanderlande Industries BV – Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 79: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 80: Research Methodology
    • Exhibit 81: Validation techniques employed for market sizing
    • Exhibit 82: Information sources
  • 11.4 List of abbreviations
    • Exhibit 83: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Written by Tenner Smith

Tenner Smith - I have experience in financial intelligence and automated intelligence. In industry I have worked on artificial intelligence and machine learning. Tenner Smith is a reporter at DF media.

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