Airport Baggage Tracking Systems Market to Partake Significant Development During 2018 – 2028
Airport Baggage Tracking Systems Market: Overview
Airports are investing heavily in technological advancements and system enhancements to minimize the number of bags mishandled or lost at airports. As such, many technology vendors are offering airport baggage tracking systems integrated with various technologies such as IoT, analytics, RFID, etc. These airport baggage tracking systems are combined with multiple advanced technologies that help airport service providers provide reliable, detailed baggage information to passengers, and real-time airport baggage tracking systems that improve the customer experience throughout the journey. There has been a rise in the demand for real-time baggage tracking systems on smartphones by passengers in airline applications. With advancements in technology, scanners are able to capture accurate and consistent data stored on an RFID chip embedded in the luggage tag, which drives superior tracking and increased transparency in airport baggage tracking systems. The aviation industry is creating a strong potential to benefit from technologies such as radio frequency identification (RFID) and the Internet of Things (IoT). To offer a better and secure system to the passengers, airport baggage tracking systems using smart RFID tags and IoT are deployed. These RFID-based airport baggage tracking systems provide notification alerts regarding the status of the baggage, and offer support if the luggage is mishandled or lost. Airport baggage tracking systems provide improved baggage handling processes and superior technology, which has reduced the mishandled bag rates of airlines. Airport baggage tracking systems also provide real-time baggage notifications and quick self-service bag drops that help airlines in increasing the usage of airport baggage tracking system with minimum mishandling of luggage.
Airport Baggage Tracking Systems Market: Dynamics
Increased productivity, accuracy of baggage operations, and reduced baggage mishandling improve the customer experience, which is one of the primary factors expected to boost the growth of the airport baggage tracking systems market.
Complexity in the integration of technologies in airport baggage tracking systems can be one of the crucial factors that can hamper the growth of the airport baggage tracking systems market.
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Greater baggage handling efficiency and usage of smartphones for tracking luggage using GPS, GSM, and Bluetooth technology are some of the latest trends in the airport baggage tracking systems market.
Global Airport Baggage Tracking Systems Market: Segmentation
The airport baggage tracking systems market can be segmented on the basis of technology, application, and region. On the basis of technology, the airport baggage tracking systems market can be segmented into smart tags, radio frequency identification (RFID), Internet of Things (IoT), machine-to-machine (M2M), beacon, and other technologies. On the basis of application, the airport baggage tracking systems market can be segmented into narcotic detection, metal & contraband detection, explosive detection, and others.
Segmentation on the basis of Technology for Airport Baggage Tracking System Market: Smart Tags Radio Frequency Identification (RFID) Internet of Things (IoT) Machine-to-Machine (M2M) Beacon Other Technologies
Segmentation on the basis of Application for Airport Baggage Tracking System Market: Narcotic Detection Metal & Contraband Detection Explosive Detection Others
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Global Airport Baggage Tracking System Market: Competition Landscape
Examples of some of the key players in the global airport baggage tracking systems market are Delta Airlines, Inc., TRACE ME Luggage Tracker Ltd, LongestChance, SITA, Lyngsoe Systems, BEUMER Group, Quantum ID Technologies, Daifuku, Aeroflot, etc.
Airport Baggage Tracking Systems Market: Regional Outlook
North America is expected to dominate the airport baggage tracking systems market, followed by the Western European region. The primary growth factor of the airport baggage tracking systems market in North America is the huge presence of airport technology vendors in the U.S. Also, the demand for airport baggage tracking systems in Western Europe is expected to increase, since there are a maximum number of airports in the European region. Asia Pacific, Latin America, and MEA are expected to see significant growth rates in the airport baggage tracking systems market.
In April 2016, Delta Airlines, Inc. introduced radio frequency identification (RFID) baggage tracking technology, with an objective to provide enhanced customer experience by offering real-time airport baggage tracking systems to passengers.
The report covers an exhaustive analysis on: Market Segments Market Dynamics Historical & Actual Market Size, 2013-2017 Market Size & Forecast 2017 to 2028 Supply & Demand Value Chain Current Trends/Issues/Challenges Competition & Companies Involved Airport Baggage Tracking Systems Technology Value Chain Market Drivers and Restraints
Regional analysis of the global airport baggage tracking systems market includes: North America U.S. Canada Latin America Brazil Argentina Others Eastern Europe Poland Russia Rest of Eastern Europe Western Europe Germany Italy France U.K. Spain Nordic BENELUX Rest of Western Europe Asia Pacific Australia and New Zealand (ANZ) Greater China India ASEAN Rest of Asia Pacific Japan Middle East and Africa GCC Countries Other Middle East North Africa South Africa Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights: Detailed overview of parent market Changing market dynamics of the industry In-depth market segmentation Historical, current and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth A neutral perspective towards market performance Must-have information for market players to sustain and enhance their market footprint
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