RFID to be a mahor development in airport baggage handling
In this market, barcode system and radio frequency identification system (RFID) are some of the major segments. On the basis of its comprehensive research, Lucintel forecasts that the RFID segment is expected to show above average growth during the forecast period.
Within the global commercial baggage handling system market, the conveyor system segment is expected to remain as the largest market. Newly constructed and upgraded airports will be equipped with interlinked baggage conveyor system, which would spur growth for this segment over the forecast period. Europe is expected to remain the largest market due to tightening of the airport security standards and increasing investments in the terminal expansions.
Emerging trends, which have a direct impact on the dynamics of the industry, include the introduction of home-printed bag tag solutions to enable the passengers in printing their own bag tag at office or home, development of auto bag drop solutions, and hybrid check-in system for passengers to help the airlines in managing long queues effectively. Vanderlande Industries B.V., Siemens AG, Beumer Group, Daifuku, and Pteris Global Limited are the major baggage handling system manufacturers in the global commercial airport baggage handling system market. Some companies are opting for merger and acquisition as strategic initiatives for driving growth.