Smart Baggage Handling Solutions Market

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.

Smart Baggage Handling Solutions Market contains market size and forecasts of Smart Baggage Handling Solutions in Global, including the following market information:

Global Smart Baggage Handling Solutions Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Smart Baggage Handling Solutions market was valued at 7732.9 million in 2021 and is projected to reach US$ 14330 million by 2028, at a CAGR of 9.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Smart Baggage and Tracking Devices Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Smart Baggage Handling Solutions include Daifuku, Siemens, SITA, IBM, Cisco Systems, Honeywell Aerospace, Precision Aerospace Components, UTC Aerospace Systems and Zodiac Aerospace, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Smart Baggage Handling Solutions companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Smart Baggage Handling Solutions Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Smart Baggage Handling Solutions Market Segment Percentages, by Type, 2021 (%)

Smart Baggage and Tracking Devices

Smart Baggage Screening Technologies

Global Smart Baggage Handling Solutions Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Smart Baggage Handling Solutions Market Segment Percentages, by Application, 2021 (%)

Airports

Station

Other

Global Smart Baggage Handling Solutions Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Smart Baggage Handling Solutions Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Smart Baggage Handling Solutions revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Smart Baggage Handling Solutions revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Daifuku

Siemens

SITA

IBM

Cisco Systems

Honeywell Aerospace

Precision Aerospace Components

UTC Aerospace Systems

Zodiac Aerospace

Vanderlande Industries

Beumer Group

Apple

Scarabee

Bluesmart