DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2gqc95/global_commercial) has announced the addition of the "Global Commercial Airports Baggage Handling Systems Market 2012-2016" report to their offering.
The analysts forecast the Global Commercial Airports Baggage Handling Systems market to grow at a CAGR of 7.43 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in the air traffic. The Global Commercial Airports Baggage Handling Systems market has also been witnessing rapid technological advancements. However, the rising cost of airport operations could pose a challenge to the growth of this market.
The key vendors dominating this space include Daifuku Co. Ltd., Glidepath Group, Siemens AG, and Vanderlande Industries BV.
The other vendors mentioned in this report are Babcock International Group plc, BCS Group, Beumer Group, BNP Associates Inc., and Pteris Global Ltd.
Commenting on the report, an analyst from the team said: One of the major trends in the Global Commercial Airport Baggage Handling System market is the rapid technological advancements. The rapid technological advancements have increased the number of BHS applications. In recent years, the BHS can be used to carry baggage from the airport express rail services.
Furthermore, BHS vendors are able to deliver high-quality output for customers. This trend has led to the development of advanced and highly accurate BHS solutions in recent years. With the rapid pace of technological advancements, major airports can completely rely on BHS for securing passengers' baggage, thereby reducing congestion at peak hours.
According to the report, one of the major drivers in this market is the increasing global air traffic. With an increase in the number of people who travel, there has been a corresponding increase in the commercial airports and aircraft. Hence, there is a growing need to manage and handle the huge volume of luggage at airports, thereby leading to a high demand for BHS in recent years.
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