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[ 英語タイトル ] North America Airport Baggage Handling Systems Market - Growth, Trends, and Forecasts (2020 - 2025)


Product Code : MDAD0088115
Survey : Mordor Intelligence
Publish On : November, 2020
Number of Pages : 80
Category : Aerospace and Defence
Report format : PDF
Sales price option (consumption tax not included)
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 - BEUMER GROUP
- Vanderlande Industries
- SITA
- Siemens AG
- Daifuku Co. Ltd
- Logplan
- G&S Airport Conveyer
- Glidepath Limited

[Report Description]

The North American airport baggage handling systems market is estimated to register a CAGR of over 4% during the forecast period (2020-2025).

- North America registered growth in air traffic, of about 3.8%, in 2019. As several of the major airports are operating close to their maximum passenger capacity, the airports are opting for advanced systems that can improve the airport operations and reduce the delays. The increased traffic growth in North America is leading to an increased demand for more efficient airport baggage-handling systems, which is expected to propel the growth of the market during the forecast period.
- Construction of new airports, as well as terminal expansion, is expected to provide further growth opportunities for the manufacturers of airport baggage handling systems, during the forecast period.
- The increasing emphasis on airport security, as well as advanced technologies for passenger baggage screening, is expected to support the growth of the market in the years to come.

Key Market Trends

Modernization and Construction of New Airports Driving the Growth of the Market

Baggage handling at small airports is a relatively simpler matter, whereas, in large airports, the process is far more complex and can have a significant impact on cost and quality of service. Increased passenger traffic has simultaneously increased the baggage volume, which is the primary reason for the adoption of automated systems at the airport. Baggage handling systems are being designed and modified to solve bottlenecks that occur during peak times. For instance, recently, Miami International Airport unveiled its new baggage handling system. The new system worth USD 324 million is expected to increase the speed and efficiency of baggage screening and delivery for flights at the airport’s Central and South terminals. The system features 12 new CTX 9800 explosives detection systems, 102 mobile inspection tables in an 18,000-square-foot baggage reconciliation area, and nearly nine miles of the conveyor belt. The system can screen more than 7,000 bags per hour. Several other airports in North America have either recently upgraded or plan to upgrade their baggage handling systems in the next few years.

The United States is Anticipated to Register the Highest CAGR During the Forecast Period

According to the US Department of Transportation, the number of air passengers traveling to or from the United States increased from 166 million in 2011 to close to 250 million in 2019. However, the growth in terms of infrastructure modernization or expansion has fallen far behind compared to the growth in the number of air passengers. The US airports are usually funded with federal grants through FAA’s Airport Improvement Program (AIP), a local user-fee called the Passenger Facility Charge (PFC), and airport-generated revenue from tenant rents and fees. Several airports need new investments to maintain and modernize their infrastructure. Lack of funding over the past two decades has resulted in several airports operating in a crowded environment. According to Airports Council International-North America, airports in this region require over USD 128 billion in infrastructure upgrades over a five-year period, with over 50% of those needs coming within airport terminals. Several airports, like Los Angeles International Airport, Hartsfield-Jackson Atlanta International Airport, Kansas City International Airpor, and Chicago's O'Hare Airport, have launched their modernization projects worth billions of dollars in the last few years. As the airports undergo a major expansion, demand is likely to be generated for new and advanced systems, like automated baggage handling systems. Hence, the US market is estimated to register the highest growth during the forecast period.

Competitive Landscape

The North American airport baggage handling systems market comprises prominent players, like SITA, Vanderlande Industries, Siemens AG, Daifuku Co. Ltd, and BEUMER GROUP. The industry has witnessed a lot of market consolidation since 2016, due to the increased spending in software and IT solutions. Various contracts received by the players in the recent past helped the companies strengthen their market presence. In January 2019, PCL Construction, in a joint venture with BEUMER Group, signed a master agreement with the Greater Toronto Airports Authority (GTAA) for Toronto Pearson International Airport’s Baggage 2025 initiative. The GTAA is planning to upgrade Toronto Pearson’s baggage-handling operations, with a state-of-the-art, automated system. As part of the agreement, BEUMER’s automated tote-based baggage transport and sortation system, CrisBag, will be installed at the Toronto Pearson Airport.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 Airport Capacity
5.1.1 Up to 15 million
5.1.2 15-25 million
5.1.3 25-40 million
5.1.4 More than 40 million
5.2 Geography
5.2.1 North America
5.2.1.1 United States
5.2.1.2 Canada

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 BEUMER GROUP
6.1.2 Vanderlande Industries
6.1.3 SITA
6.1.4 Siemens AG
6.1.5 Daifuku Co. Ltd
6.1.6 Logplan
6.1.7 G&S Airport Conveyer
6.1.8 Glidepath Limited

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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