Global Airport Baggage Handling Market to 2025 - AI, Big Data, IoT, Blockchain and AR/VR Pique Operator Interest

31/05/2019 11:00

DUBLIN, May 31, 2019 /PRNewswire/ -- The "Global Airport Baggage Handling Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Baggage Accountability, Handling Efficiency, and Advanced Screening Standards Drive Market Growth.

The International Air Transport Association (IATA) has forecast passenger traffic to nearly double from 3.8 billion in 2015 to 7.2 billion by 2030. This increase will reflect in the number of checked baggage each year with forecasts pegging the number at close to 6.5 billion bags by 2030. As airport operators revise their plans and strategies to handle the growing passenger traffic, plans to handle accompanying baggage are also being revisited. Additionally, passing regulations to increase passenger safety, stop illegal trafficking and increase accountability for passenger baggage compel operators to upgrade and revamp conventional baggage handling systems. Legacy systems are a wrench in the spokes of an industry that is transforming its IT architecture to enhance efficiency.

The publisher's global survey of airports, assessing the current status of digital transformation programs within airports, indicates baggage handling operations as among the top 5 areas of priorities for operators where mishandled baggage is a key pain point. The research findings have been complemented with information from internally held airport databases, participation, and discussions at international airport conferences, as well as a number of expert interviews with major industry suppliers.

This research also tracks industry best practices and emerging trends that enable operators to combat challenges. Transition to Standard 3 screening system, priority for baggage tracking in the event of IATA R753 energy-efficient technologies, replacing TTY messages with XML, and the adoption of automated handling systems are driving investments in airside systems.

Niche solutions based on emerging technology such as AI, Big Data, IoT, Blockchain and AR/VR have piqued operator interest and are being used to develop solutions such as predictive maintenance. The heavily fragmented market is vulnerable to consolidation and immense competition. Suppliers have the opportunity to expand into other material handling verticals including cargo handling. As niche solutions are being developed to cater to specific challenges, suppliers have to understand the importance of system interoperability and collaboration among various stakeholders. Operators are also keen on identifying solutions to reduce energy consumption and maintenance costs.

This research prompts various opportunities for growth and emerging trends such as end-to-end baggage handling services and the importance of operational readiness and airport transport (ORAT) before commencing live operations. Operators are involving suppliers in the planning of processes and engaging in risk-sharing partnerships, requesting robust business cases and demanding service level agreements (SLAs). These investments drive opportunities for suppliers to target product development and penetrate markets focusing on challenges and requirements specific to their region.

Key Topics Covered:

1. Executive Summary

Key Findings
Market Engineering Measurements
CEO's Perspective

2. Market Overview

Market Scope
Market Definitions
Key Questions this Study will Answer
Market Segmentation
Market Snapshot
Airport Baggage Journey Visualization
Regulations and Standards
Top KPIs and Datasets Collected
Market Roadmap 2018-2030

3. Drivers and Restraints - Total Airport Baggage Handling Market

Market Drivers
Drivers Explained
Market Restraints
Restraints Explained

4. Total Airport Baggage Handling Market Forecast

Market Engineering Measurements
Forecast Assumptions
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast by Airport Tiers
Revenue Forecast Discussion by Airport Tier
Revenue Forecast by Segment
Revenue Forecast Discussion by Segment

5. Market Share and Competitive Analysis - Total Airport Baggage Handling Market

Market Share
Market Share Analysis
Competitive Environment
Top Competitors
Competitive Factors and Assessment

6. Growth Opportunities and Companies to Action

Growth Opportunity - Biometric-enabled Self-Bag Drop
Strategic Imperatives for Success and Growth

7. Baggage Handling Segment Analysis

Key Findings
Market Engineering Measurements
Revenue Forecast by Sub-segment
Forecast Discussion

8. Baggage Management Segment Analysis

Key Findings
Market Engineering Measurements
Revenue Forecast by Sub-segment
Forecast Discussion

9. Market Trends and Disruption

Trends in Baggage Handling Market
Digital Platforms - Siemens
Digital Platforms - Industrial Internet Consortium
Autonomous Capabilities
Emergence of Baggage Handling Hubs
Baggage Delivery Service Models
Baggage Delivery Services - Case Studies and Business Model
End-to-End Baggage Shipping Services

10. The Last Word

The Last Word - 3 Big Predictions
Legal Disclaimer

11. Appendix

Companies Mentioned

Industrial Internet Consortium
Siemens
The International Air Transport Association (IATA)

For more information about this report visit https://www.researchandmarkets.com/r/szeglf

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