Airport Baggage Handling Software Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Airport Baggage Handling Software Market
The airport baggage handling software market size was valued at USD 1.44 billion in 2023, and the market is now projected to grow from USD 1.57 billion in 2024 to USD 2.75 billion by 2032, exhibiting a CAGR of 9.63% during the forecast period of 2024-2032.
The coronavirus outbreak had a damaging effect on airline operations due to resulting in decreased demand and changing the rules for flight operations. During attempts to improve passengers’ management issues regarding sanitary measures physically impacted bags as well. This led to a drastic reduction in airport baggage handling software market growth.
Air transport is faster and safer than other means of transport, and documents high traffic rates annually. The aviation industry thumped tremendously in 2020 due to the COVID-19 crisis but in 2022, civil aviation passenger throughputs are moderately recovered at 83% of pre-COVID level. This could also result to elongation of the quantity of the airport baggage handling software market share.
Some key findings of the research are that the use of advanced technologies such as AI and biometrics are improving the travel experience of passengers with a specific focus on airline and airports where a shift towards the integration of the two technologies has been determined to be the future direction.
Comprehensive Analysis of Airport Baggage Handling Software Market
The airport baggage handling software market is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated by function, by solution & by airport type. The functions include: baggage control, baggage tracking, baggage sortation, and baggage screening. By solution the market can be divided into: software & solutions. However, by airport type the market will be fragmented into: domestic airport, & international airport.
The Europe region leads the airport baggage handling software market by benefitting a market size of USD 0.47 billion in 2023 due to the presence of several key players in the region.
The top players in the market play a crucial role in the industry, assuring industrial prospectus growth and setting market standards. These players include: BEUMER Group (India) Amadeus IT Group (Spain) Siemens AG (Germany) SITA (Switzerland) Vanderlande Industries (Netherlands) Leonardo SPA (Italy) Daifuku Co. Ltd. (Japan) Collins Aerospace (U.S.) Alstef Group (France) A-ICE (Rome)
In June 2022, SITA announced that it entered into a partnership agreement with Alstef Group, a company that has expertise in baggage handling systems. The company launched Swift Drop, a new self-bag drop solution that speeds up the experience of checking your own bag.
Segmentation Table
Global Airport Baggage Handling Software Market Scope
Study Period 2019-2032
Base Year 2023
Forecast Period 2024-2032
Growth Rate CAGR of 9.63% from 2024-2032
Historical Period 2019-2022
Unit Value (USD Billion)
Segmentation By Function, Solution, & Airport Type
By Function Baggage Control
Baggage Tracking
Baggage Sortation
Baggage Screening
By Solution Software
Services
By Airport type Domestic Airport
International Airport
By Region North America (By Function, Solution, Airport type and Country)
- U.S. (By Airport Type)
- Canada (By Airport Type)
Europe (By Function, Solution, Airport type and Country)
- U.K. (By Airport Type)
- Germany (By Airport Type)
- France (By Airport Type)
- Russia (By Airport Type)
- Rest of Europe (By Airport Type)
Asia Pacific (By Function, Solution, Airport type and Country)
- China (By Airport Type)
- Japan (By Airport Type)
- India (By Airport Type)
- Australia (By Airport Type)
- Rest of Asia Pacific (By Airport Type)
Rest of the World (By Function, Solution, Airport type and Country)
- Latin America (By Airport Type)
- Middle East & Africa (By Airport Type)
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