Market Size of Europe Airport Baggage Handling Systems Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 299.54 Million |
| Market Size (2029) | USD 555.31 Million |
| CAGR (2024 - 2029) | 13.14 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Airport Baggage Handling Systems Market Analysis
The Europe Airport Baggage Handling Systems Market size is estimated at USD 299.54 million in 2024, and is expected to reach USD 555.31 million by 2029, growing at a CAGR of 13.14% during the forecast period (2024-2029).
- The airport construction industry in Europe is booming and there are major ongoing airport infrastructure development projects, such as Berling Brandenburg Airport (scheduled to open in October 2020, an extension of Terminal 2 of Manchester Airport (Main building construction completed in March 2020). These factors are propelling the growth of airport baggage handling systems in the European region.
- Worldwide air travel has grown at a historically sharp pace over the past two decades. Europe experienced an increase of 3.2% in the air passenger traffic in 2019. Airports in Europe are replacing their existing baggage handling systems with new BHS to enhance their operations and to cater to the increasing air passenger traffic in the region.
- The integration of Information Technology in logistics and baggage management has increased the service quality and efficiency of airport operations. Implementation of technologies such as Artificial Intelligence, RFID etc. will help in further decreasing the number of mishandled baggage.
Airport Baggage Handling Systems Industry Segmentation
A baggage handling system (BHS) is a type of conveyor system installed in an airport. It enables transporting passenger baggage from ticket counter areas to the area where the baggage is loaded onto the aircraft. A BHS additionally helps in transporting the checked baggage, which is unloaded from the aircraft to the baggage claim area.
The Europe baggage handling systems market is segmented by airport capacity and geography. By airport capacity, the market is segmented into up to 15 million, 15-25 million, 25-40 million, and above 40 million. By geography, the market is classified into the United Kingdom, Germany, France, Italy, and the Rest of Europe.
The report offers the market size and forecasts by value (USD million) for all the above segments.
| Airport Capacity | |
| Up to 15 million | |
| 15 - 25 million | |
| 25 - 40 million | |
| Above 40 Million |
| Geography | |||||||
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Europe Airport Baggage Handling Systems Market Size Summary
The European airport smart baggage handling systems market is experiencing significant growth, driven by the booming airport construction industry and the increasing air passenger traffic in the region. Major infrastructure projects, such as the expansion of Frankfurt International Airport and the development of the Solidarity Transport Hub in Poland, are propelling the demand for advanced baggage handling systems. These systems are being upgraded to enhance operational efficiency and improve passenger experience, supported by the integration of technologies like Artificial Intelligence and RFID. The market is also witnessing a surge in the above 40 million passenger handling capacity segment, with several airports undergoing modernization to accommodate the rising number of travelers.
France is expected to showcase remarkable growth in the market, fueled by the highest rate of air passenger traffic in Europe and ongoing developments in medium and small-sized airports. The country's investment in airport security solutions and expansion projects, such as the terminal expansion of Marseille Provence International Airport and the new terminal at Charles de Gaulle Airport, are key contributors to market growth. The European market is moderately fragmented, with major players like BEUMER Group, Vanderlande Industries B.V., and Siemens AG leading the way. Collaborations between technology companies and baggage handling system manufacturers are prevalent, as seen in contracts like the one between Aena Group and Siemens Logistics for Madrid-Barajas Airport. These developments underscore the dynamic nature of the market, driven by technological advancements and strategic partnerships.
Europe Airport Baggage Handling Systems Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Airport Capacity
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2.1.1 Up to 15 million
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2.1.2 15 - 25 million
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2.1.3 25 - 40 million
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2.1.4 Above 40 Million
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2.2 Geography
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2.2.1 Europe
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2.2.1.1 United Kingdom
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2.2.1.2 Germany
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2.2.1.3 France
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2.2.1.4 Italy
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2.2.1.5 Rest of Europe
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Europe Airport Baggage Handling Systems Market Size FAQs
How big is the Europe Airport Baggage Handling Systems Market?
The Europe Airport Baggage Handling Systems Market size is expected to reach USD 299.54 million in 2024 and grow at a CAGR of 13.14% to reach USD 555.31 million by 2029.
What is the current Europe Airport Baggage Handling Systems Market size?
In 2024, the Europe Airport Baggage Handling Systems Market size is expected to reach USD 299.54 million.
