Market Size of Airport Baggage Handling Systems Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.85 Billion |
| Market Size (2029) | USD 3.39 Billion |
| CAGR (2024 - 2029) | 12.88 % |
| Fastest Growing Market | North America |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Airport Baggage Handling System Market Analysis
The Airport Baggage Handling Systems Market size is estimated at USD 1.85 billion in 2024, and is expected to reach USD 3.39 billion by 2029, growing at a CAGR of 12.88% during the forecast period (2024-2029).
- The airport baggage handling systems market is driven by the growth in the number of air passenger traffic in recent years. The modernization of new airports and technological advancements fuel the market's growth. The increasing focus on improving operational efficiency at airports is expected to lead the market's growth in the coming years.
- Technological advancements, such as robot utilization for baggage handling processes and endeavors, including establishing new airports and expanding existing terminals, are expected to show a positive outlook for the market.
- The renovation of baggage handling systems at various airports will also lead to growth in the market. In addition, most global airport authorities are now investing in renewing airport infrastructure to offer better comfort and baggage handling experience. According to the IATA International Air Transport Association, the global adoption of RFID can help the aviation industry save billions of dollars over the coming years.
- The aviation sector needs to be technologically updated to utilize its maximum potential. The check-in process during peak traveling consumes most of the time and is exhausting for the passengers. This process may be made convenient using automated kiosks, remote queue management systems, and remote check-ins, thus expected to fuel the market's growth in the coming years.
- Baggage mishandling has been a significant challenge for aviation authorities over the years. However, focus on better baggage tracking procedures and the introduction of the recent IATA's Resolution 753, which requires airlines to track bags at the four main touchpoints (make-up, loading, transfer, and arrival) across the journey, have helped reduce the number of mishandled bags over the last few years. Companies are investing in developing better baggage tracking technologies to obtain the data to comply with Resolution 753. Such investments are expected to drive the market's growth in the upcoming years.
