According to a new market research report, Global Commercial Airports Baggage Handling Systems Market, the total Baggage Handling Systems market is expected to $30.66 bn by 2017, at an estimated CAGR of 7.08% from 2012 to 2017.
Baggage Handling Systems play an important role when it comes to airport safety and security with regards to Baggage screening from the time bags are checked in till they reach the departing aircraft; this can be the perfect back bone to the growing demands when it comes to effective baggage handling systems. It is time awareness among the airports is created so that they get to know the real facts on efficiency and effective working models that will be exposed too fluctuating traffic. It is again about instilling confidence in the minds of the airport authorities to invest on Baggage Handling Systems without any inhibitions.
Baggage Handling Systems use in-line screening which is the need of the hour due to constant threats and attacks that are being tried by various outfits to dismantle the peace and tranquility of our various nations. BHS are already in place in almost all parts of the world, due to fear of baggage’s being stuck up together or to avert any mishandled baggage situation. This technology can help process the bags to their right destinations with the help of baggage tags which detect those using sensors.
The global Baggage Handling Systems market revenue is expected to grow from $21.78 bn in 2012 to $30.66 bn by 2017, at an estimated CAGR of 7.08% from 2012 to 2017.
APAC commanded the largest share of the Baggage Handling Systems market revenue in 2012 at $6.32 bn; and is expected to reach $9.06 bn by 2017, at a CAGR of 7.48% from 2012 to 2017.
Scope of the Report
This report analyzes the Global Commercial Airport Baggage Handling Systems market based on:
This report segments the baggage handling systems market by:
In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing market growth, offering in-depth geographic analyses of the Baggage Handling Systems market in North America, Europe, Asia-Pacific, Latin America and Africa. The report draws the competitive landscape of the Baggage Handling Systems market, providing an in-depth comparative analysis of the mishandled baggage’s and passenger forecasts in order to gain an edge over the competitors.
Read more information on this report on ASDReports
Source: ASDReports - Market Research
Date: Feb 1, 2013