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Global Smart Baggage Handling Solutions Market Research Report 2024
Synopsis
Smart baggage handling (SBH) solutions is a combination of highly advanced systems integrated with cloud-based technologies, M2Mi and IoT platform to enhance overall baggage handling process throughout passenger journey, across aviation ecosystem. Smart baggage handling (SBH) solutions include machine-to-machine (M2M), Internet of Things (IoT) platform, cloud-based airline applications and databases, and cloud-based analytics, which aid in connecting, managing, and securing real-time data and events from smart luggage using tracking devices. The main aim of SBH solutions is to enhance passenger travel experience and reduce their total travel time.
The global Smart Baggage Handling Solutions market was valued at US$ 7515.3 million in 2023 and is anticipated to reach US$ 14460 million by 2030, witnessing a CAGR of 9.6% during the forecast period 2024-2030.
During 2017, the smart baggage and tracking devices dominated the SBH solutions market and accounted for a major part of the overall market share. The high rate of manhandling of bags have proved crucial to the dominance of this segment in the global market. Also, smart baggage management refers to the tracking of bags using a range of RFID tags, global positioning system (GPS)-enabled devices, Wi-Fi, cellular baggage tags, and baggage tracking devices.
This report aims to provide a comprehensive presentation of the global market for Smart Baggage Handling Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Baggage Handling Solutions.
Report Scope
The Smart Baggage Handling Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Baggage Handling Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Baggage Handling Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Daifuku
Siemens
SITA
IBM
Cisco Systems
Honeywell Aerospace
Precision Aerospace Components
UTC Aerospace Systems
Zodiac Aerospace
Vanderlande Industries
Beumer Group
Apple
Scarabee
Bluesmart
Segment by Type
Smart Baggage and Tracking Devices
Smart Baggage Screening Technologies
Segment by Application
Airports
Station
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Baggage Handling Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Smart baggage handling (SBH) solutions is a combination of highly advanced systems integrated with cloud-based technologies, M2Mi and IoT platform to enhance overall baggage handling process throughout passenger journey, across aviation ecosystem. Smart baggage handling (SBH) solutions include machine-to-machine (M2M), Internet of Things (IoT) platform, cloud-based airline applications and databases, and cloud-based analytics, which aid in connecting, managing, and securing real-time data and events from smart luggage using tracking devices. The main aim of SBH solutions is to enhance passenger travel experience and reduce their total travel time.
The global Smart Baggage Handling Solutions market was valued at US$ 7515.3 million in 2023 and is anticipated to reach US$ 14460 million by 2030, witnessing a CAGR of 9.6% during the forecast period 2024-2030.
During 2017, the smart baggage and tracking devices dominated the SBH solutions market and accounted for a major part of the overall market share. The high rate of manhandling of bags have proved crucial to the dominance of this segment in the global market. Also, smart baggage management refers to the tracking of bags using a range of RFID tags, global positioning system (GPS)-enabled devices, Wi-Fi, cellular baggage tags, and baggage tracking devices.
This report aims to provide a comprehensive presentation of the global market for Smart Baggage Handling Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Baggage Handling Solutions.
Report Scope
The Smart Baggage Handling Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Baggage Handling Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Baggage Handling Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Daifuku
Siemens
SITA
IBM
Cisco Systems
Honeywell Aerospace
Precision Aerospace Components
UTC Aerospace Systems
Zodiac Aerospace
Vanderlande Industries
Beumer Group
Apple
Scarabee
Bluesmart
Segment by Type
Smart Baggage and Tracking Devices
Smart Baggage Screening Technologies
Segment by Application
Airports
Station
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Baggage Handling Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Baggage Handling Solutions Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Smart Baggage and Tracking Devices
1.2.3 Smart Baggage Screening Technologies
1.3 Market by Application
1.3.1 Global Smart Baggage Handling Solutions Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Airports
1.3.3 Station
1.3.4 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Baggage Handling Solutions Market Perspective (2019-2030)
2.2 Smart Baggage Handling Solutions Growth Trends by Region
2.2.1 Global Smart Baggage Handling Solutions Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Baggage Handling Solutions Historic Market Size by Region (2019-2024)
2.2.3 Smart Baggage Handling Solutions Forecasted Market Size by Region (2025-2030)
2.3 Smart Baggage Handling Solutions Market Dynamics
2.3.1 Smart Baggage Handling Solutions Industry Trends
2.3.2 Smart Baggage Handling Solutions Market Drivers
2.3.3 Smart Baggage Handling Solutions Market Challenges
2.3.4 Smart Baggage Handling Solutions Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Baggage Handling Solutions Players by Revenue
3.1.1 Global Top Smart Baggage Handling Solutions Players by Revenue (2019-2024)
3.1.2 Global Smart Baggage Handling Solutions Revenue Market Share by Players (2019-2024)
3.2 Global Smart Baggage Handling Solutions Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Smart Baggage Handling Solutions Revenue
3.4 Global Smart Baggage Handling Solutions Market Concentration Ratio
3.4.1 Global Smart Baggage Handling Solutions Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Baggage Handling Solutions Revenue in 2023
3.5 Smart Baggage Handling Solutions Key Players Head office and Area Served
3.6 Key Players Smart Baggage Handling Solutions Product Solution and Service
3.7 Date of Enter into Smart Baggage Handling Solutions Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Baggage Handling Solutions Breakdown Data by Type
4.1 Global Smart Baggage Handling Solutions Historic Market Size by Type (2019-2024)
4.2 Global Smart Baggage Handling Solutions Forecasted Market Size by Type (2025-2030)
5 Smart Baggage Handling Solutions Breakdown Data by Application
5.1 Global Smart Baggage Handling Solutions Historic Market Size by Application (2019-2024)
5.2 Global Smart Baggage Handling Solutions Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Baggage Handling Solutions Market Size (2019-2030)
6.2 North America Smart Baggage Handling Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Smart Baggage Handling Solutions Market Size by Country (2019-2024)
6.4 North America Smart Baggage Handling Solutions Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Baggage Handling Solutions Market Size (2019-2030)
7.2 Europe Smart Baggage Handling Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Smart Baggage Handling Solutions Market Size by Country (2019-2024)
7.4 Europe Smart Baggage Handling Solutions Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Smart Baggage Handling Solutions Market Size (2019-2030)
8.2 Asia-Pacific Smart Baggage Handling Solutions Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Smart Baggage Handling Solutions Market Size by Region (2019-2024)
8.4 Asia-Pacific Smart Baggage Handling Solutions Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Smart Baggage Handling Solutions Market Size (2019-2030)
9.2 Latin America Smart Baggage Handling Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Smart Baggage Handling Solutions Market Size by Country (2019-2024)
9.4 Latin America Smart Baggage Handling Solutions Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Baggage Handling Solutions Market Size (2019-2030)
10.2 Middle East & Africa Smart Baggage Handling Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Smart Baggage Handling Solutions Market Size by Country (2019-2024)
10.4 Middle East & Africa Smart Baggage Handling Solutions Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Daifuku
11.1.1 Daifuku Company Detail
11.1.2 Daifuku Business Overview
11.1.3 Daifuku Smart Baggage Handling Solutions Introduction
11.1.4 Daifuku Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.1.5 Daifuku Recent Development
11.2 Siemens
11.2.1 Siemens Company Detail
11.2.2 Siemens Business Overview
11.2.3 Siemens Smart Baggage Handling Solutions Introduction
11.2.4 Siemens Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.2.5 Siemens Recent Development
11.3 SITA
11.3.1 SITA Company Detail
11.3.2 SITA Business Overview
11.3.3 SITA Smart Baggage Handling Solutions Introduction
11.3.4 SITA Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.3.5 SITA Recent Development
11.4 IBM
11.4.1 IBM Company Detail
11.4.2 IBM Business Overview
11.4.3 IBM Smart Baggage Handling Solutions Introduction
11.4.4 IBM Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.4.5 IBM Recent Development
11.5 Cisco Systems
11.5.1 Cisco Systems Company Detail
11.5.2 Cisco Systems Business Overview
11.5.3 Cisco Systems Smart Baggage Handling Solutions Introduction
11.5.4 Cisco Systems Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.5.5 Cisco Systems Recent Development
11.6 Honeywell Aerospace
11.6.1 Honeywell Aerospace Company Detail
11.6.2 Honeywell Aerospace Business Overview
11.6.3 Honeywell Aerospace Smart Baggage Handling Solutions Introduction
11.6.4 Honeywell Aerospace Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.6.5 Honeywell Aerospace Recent Development
11.7 Precision Aerospace Components
11.7.1 Precision Aerospace Components Company Detail
11.7.2 Precision Aerospace Components Business Overview
11.7.3 Precision Aerospace Components Smart Baggage Handling Solutions Introduction
11.7.4 Precision Aerospace Components Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.7.5 Precision Aerospace Components Recent Development
11.8 UTC Aerospace Systems
11.8.1 UTC Aerospace Systems Company Detail
11.8.2 UTC Aerospace Systems Business Overview
11.8.3 UTC Aerospace Systems Smart Baggage Handling Solutions Introduction
11.8.4 UTC Aerospace Systems Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.8.5 UTC Aerospace Systems Recent Development
11.9 Zodiac Aerospace
11.9.1 Zodiac Aerospace Company Detail
11.9.2 Zodiac Aerospace Business Overview
11.9.3 Zodiac Aerospace Smart Baggage Handling Solutions Introduction
11.9.4 Zodiac Aerospace Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.9.5 Zodiac Aerospace Recent Development
11.10 Vanderlande Industries
11.10.1 Vanderlande Industries Company Detail
11.10.2 Vanderlande Industries Business Overview
11.10.3 Vanderlande Industries Smart Baggage Handling Solutions Introduction
11.10.4 Vanderlande Industries Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.10.5 Vanderlande Industries Recent Development
11.11 Beumer Group
11.11.1 Beumer Group Company Detail
11.11.2 Beumer Group Business Overview
11.11.3 Beumer Group Smart Baggage Handling Solutions Introduction
11.11.4 Beumer Group Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.11.5 Beumer Group Recent Development
11.12 Apple
11.12.1 Apple Company Detail
11.12.2 Apple Business Overview
11.12.3 Apple Smart Baggage Handling Solutions Introduction
11.12.4 Apple Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.12.5 Apple Recent Development
11.13 Scarabee
11.13.1 Scarabee Company Detail
11.13.2 Scarabee Business Overview
11.13.3 Scarabee Smart Baggage Handling Solutions Introduction
11.13.4 Scarabee Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.13.5 Scarabee Recent Development
11.14 Bluesmart
11.14.1 Bluesmart Company Detail
11.14.2 Bluesmart Business Overview
11.14.3 Bluesmart Smart Baggage Handling Solutions Introduction
11.14.4 Bluesmart Revenue in Smart Baggage Handling Solutions Business (2019-2024)
11.14.5 Bluesmart Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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