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Self-service bag check-in market to grow more than 12 percent, new report says

The baggage handling system market is expected to grow at a calculated annual growth rate of 7.72 percent and reach $9.26 billion by 2020, with the self-service bag check-in segment growing by 12.07 percent.

December 29, 2015

The baggage handling system market is expected to grow at a calculated annual growth rate of 7.72 percent and reach $9.26 billion by 2020, according to a new report entitled, "Commercial Baggage Handling System Market by Airport Class, Identification Technology, Service, Type, Efficiency, Geography-Global Forecast to 2020." The self-service bag check-in segment will grow at a CAGR of 12.07 percent between 2015 and 2020, according to the report.

The report examines several segments of the market including the identification technology, service type and efficiency. The two key identification systems examined in the report are barcode and RFID.

 The Asia-Pacific region will experience the highest growth at a CAGR of 8.26 percent from 2015 to 2020. Other key drivers of growth in the industry are the RFID segment and the self-service kiosk segment.

The report is available for download here: https://www.reportbuyer.com/product/3260434/commercial-baggage-handling-system-market-by-airport-class-identification-technology-service-type-efficiency-geography-global-forecast-to-2020.html.