Global Airport Smart Baggage Handling Solutions Market 2019-2023 | Emergence of Robotic Baggage Handling Systems to Boost Growth | Technavio

The research report on the global airport smart baggage handling
solutions market by Technavio
predicts the market to post a CAGR of more than 11% during the
period 2019-2023.

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Global airport smart baggage handling solutions market will post a CAGR of more than 11% during the period 2019-2023. (Graphic: Business Wire)

A key driver for the global airport smart baggage handling solutions
market will be the development of smart airports. The evolution of
airport operations from Airport 1.0, which features basic operations, to
Airport 2.0, which features agile airport infrastructure, has played a
pivotal role in the development of smart airports. The joint proposal of
the smart airport concept was made by IATA and ACI mainly due to the
rising popularity of Airport 2.0 along with the growing investments in
technological advances. The adoption of smart airport enhances
operational efficiencies and offers a superior passenger experience and
uninterrupted delivery of an array of personalized services. Several
investments have been reported in the last few years owing to the
increased operational advantages of smart airports. Hence, the
development of smart airports will increase the demand for smart baggage
handling solutions during the forecast period.

As per Technavio, the adoption of beacon technology will have a positive
impact on the market and contribute to its growth significantly over the
forecast period. This global
airport smart baggage handling solutions market 2019-2023
research report also analyzes other important trends and market drivers
that will affect market growth over 2019-2023.

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only: View
market snapshot before purchasing

Global airport smart baggage handling solutions
market: Emergence of robotic baggage handling systems

Airports are gradually introducing new sophisticated technologies and
implementing them to enhance the passenger travel experience. This is
mainly due to the continuous advances in robotics and digital
communications, which have led to the development of technology for
automated loading and integration to provide airports the most
appropriate level of automation. However, the full-fledged use of
robotic baggage handling is still a far-fetched idea and needs numerous
iterations for successful implementation.

“With the surge in air travelers across the world, the demand for new
airports and expansion of the existing ones is increasing significantly.
Airport expansion helps to enhance existing infrastructure that is
incapable of supporting heavy passenger traffic. As a result,
governments are focusing on the development of new airports, which will
directly impact the growth of the airport smart baggage handling
solutions market,” says a senior research analyst at Technavio.

Global airport smart baggage handling solutions
market: Segmentation analysis

This research report on the airport smart baggage handling solutions
market segments the market by product (smart baggage and tracking
devices and smart baggage screening devices) and geography (APAC,
Europe, MEA, North America, and South America).

The smart baggage and tracking devices segment held the largest airport
smart baggage handling solutions market share in 2018. Smart baggage
management helps in tracking bags using a range of radio-frequency
identification (RFID) tags, global positioning system (GPS)-enabled
devices, Wi-Fi, cellular baggage tags, and baggage tracking devices.

APAC accounted for the highest share of the market in 2018, primarily
due to the growing air passenger traffic, which is pushing stakeholders
in the aviation industry to focus on the implementation of smart
technologies such as IoT. India and Japan are the key countries that are
driving the regional market.

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Some of the key topics covered in the report include:

Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing

• Market definition
• Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

• Regional comparison
• Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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View source version on businesswire.com: https://www.businesswire.com/news/home/20190401005054/en/