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30.03.2017 23:28:00

Global Smart Baggage Handling Solutions Market 2017-2021

NEW YORK, March 30, 2017 /PRNewswire/ --

About Smart Baggage Handling Solutions
Smart baggage handling (SBH) solutions is a combination of highly advanced systems integrated with cloud-based technologies, M2Mi and IoT platform to enhance overall baggage handling process throughout passenger journey, across aviation ecosystem. Smart baggage handling (SBH) solutions include machine-to-machine (M2M), Internet of Things (IoT) platform, cloud-based airline applications and databases, and cloud-based analytics, which aid in connecting, managing, and securing real-time data and events from smart luggage using tracking devices. The main aim of SBH solutions is to enhance passenger travel experience and reduce their total travel time.

Technavio's analysts forecast the global smart baggage handling solutions market to grow at a CAGR of 12.41% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart baggage handling solutions market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales of smart baggage and smart baggage tracking devices; and smart baggage screening technologies.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Smart Baggage Handling Solutions Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BEUMER Group
- Daifuku, Siemens
- SITA
- Vanderlande Industries

Other prominent vendors
- Apple
- Bluesmart
- Cisco Systems
- IBM
- Scarabee

Market driver
- Growing need of efficient baggage operations at airport.
- For a full, detailed list, view our report

Market challenge
- High cost associated with SBH solutions.
- For a full, detailed list, view our report

Market trend
- Emergence of hyper-personalization of connected devices.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

Read the full report: http://www.reportlinker.com/p04796730-summary/view-report.html

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

http://www.reportlinker.com

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-smart-baggage-handling-solutions-market-2017-2021-300432268.html

SOURCE Reportlinker

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