Baggage Handling System Market - Global Forecast to 2025 (1)

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MarketsandMarkets Presents

Baggage Handling System Market worth 13.7
billion by 2025
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aggage-handling-system-market-222241953.html
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The report "Baggage Handling System Market by
Mode (Airport, Marine, Rail), Solution (Check-In,
Screening Load, Conveying Sorting, Unload
Reclaim), Check-In (Assisted, Self), Conveying
(Conveyor, DCV), Tracking (Barcode, RFID) and
Region - Global Forecast to 2025", The global
baggage handling system market is projected to
reach USD 13.7 billion by 2025 from USD 8.4
billion in 2018, at a CAGR of 7.28. The growing
focus on improving air connectivity and the
development of intermodal transport will drive
the baggage handling system market. Additionally,
the rising smart city projects and growing
maritime industry are also expected to drive the
demand for baggage handling systems. Factors such
as complex architecture and high level of initial
investments are restricting the growth of this
market. However, an increase in passenger and
cargo traffic with a limited airport space
provides new growth opportunities for the market
players. Get The PDF Brochure For This Report
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asp?id222241953 Browse 76 market data Tables
and 45 Figures spread through 163 Pages and
in-depth TOC on "Baggage Handling System Market
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aggage-handling-system-market-222241953.html
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Conveying and sorting to be the largest segment,
by solution The conveying and sorting segment is
projected to lead the baggage handling system
market, by solution. According to primary
insights, sorting is the heart of the total
baggage handling system. The exponential increase
in air and marine passenger volume for domestic
and international travels worldwide has
encouraged baggage handling system manufacturers
to find ways to improve existing baggage handling
technologies with automated sorting. According to
Société Internationale de Télécommunications
Aéronautiques (SITA), with a rise in automation
reflected in increasing use of conveyor systems,
the rate of baggage mishandling reduced in 2018
compared to 2017. RFID system to be the fastest
growing segment for baggage handling system
market, by tracking technology The airline
industry is a customer service oriented industry,
which leads to immense competition. Today, the
key challenge for the airport industry is to
reduce baggage mishandling. Baggage mishandling
can lead to customer dissatisfaction.  Request
Sample of the report https//www.marketsandmarket
s.com/requestsampleNew.asp?id222241953
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Asia Oceania to be the largest market for baggage
handling systems  Asia Oceania is expected to
provide lucrative opportunities in the baggage
handling system market. Factors such as strong
economic growth, increasing focus on development
of smart cities, and favorable government
policies for improving air connectivity have
triggered the demand for baggage handling systems
in the region. Due to the ever-growing air
passenger traffic, China accounts for the highest
market share of the total Asia Oceania baggage
handling system market. Additionally, with a
significant focus of the government on
development of new airports, India is expected to
play a key role in the baggage handling system
industry in the Asia Oceania region. The baggage
handling system market is dominated by few global
players and comprises several regional players as
well. The key players in the baggage handling
system market are Siemens (Germany), Vanderlande
Industries (Netherlands), Daifuku (Japan), Pteris
Global Limited (Singapore), BEUMER (Germany), and
SITA (Switzerland). Speak to Analyst _at_
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w.asp?id222241953
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aggage-handling-system-market-222241953.html
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