LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global smart baggage handling (SBH) solutions market report. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period.
Technavio’s market research analyst predicts the global SBH solutions market to grow steadily at a CAGR of above 12% by 2021. The aviation industry aims at achieving high visibility and transparency among the stakeholders in the aviation ecosystem. The combination of technology and manpower connecting passengers with airports and airline services is a perfect example of smart technology. SBH solutions are an example of such smart technologies that allow stakeholders to share data through a secure and cloud-based IoT system and enable reliable screening technologies.
Competitive vendor landscape
The global SBH solutions market is fragmented among large and small numbers of technology providers who are competing to augment their market share. Big companies, such as software providers and core M2M vendors, are expected to undertake M&A strategies to enhance their global presence and increase their customer reach.
“There is an increasing possibility of change in the dominance of key vendors as the new entrants may offer a broad array of components and subsystems that are designed specifically for aviation IoT ecosystem,” says Avimanyu Basu, a lead aerospace components research analyst from Technavio.
The prospect of significant structural and competitive changes can also be expected that will encourage the use of more sensor-based technologies to create a smart airport ambiance. Major stakeholders, such as Beumer and Siemens, with relatively greater financial and technical resources can bring substantial changes in the existing commercial aviation baggage handling, which may help them to realize the development and deployment costs in a shorter time-frame.
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Top five SBH solutions market vendors
BEUMER Group
Denmark-based BEUMER Group specializes in the manufacture of intralogistics systems dedicated to functions such as conveying, loading, palletizing, packaging, sorting, and distributing with more than 1,500 installations globally. Presently, it is part of BEUMER Group's Centers of Competence for the Airport and Logistic Systems business. It provides fully integrated high-speed baggage handling systems for small and large airports.
Daifuku
In January 2015, Daifuku Webb changed its name to Daifuku North America. Its customer base consists of over 500 international and regional airports globally. The company provides baggage handling conveyors, explosion detection systems, in-line baggage screening conveyors, tilt tray sorter systems, horizontal merge conveyors, flat and in-line plate baggage carousels, as well as comprehensive baggage handling control systems for customers in the global aviation industry.
Siemens
Siemens excels in materials handling, and the company strategically uses its experience in the materials handling industry to penetrate the baggage handling systems market. Apart from installing new systems for the upgrade or expansion of facilities at an airport, Siemens also engages in providing maintenance services and supplying spare parts.
SITA
Switzerland-based SITA or Société Internationale de Télécommunications Aéronautiques is a multinational information technology company, specializing in IT and telecommunication services for the air transport industry. SITA baggage systems are employed in more than 70 major airports globally, which includes Amsterdam, Barcelona, Cairo, Chicago, Hong Kong, Istanbul, Singapore, and Toronto. The company has provided automated bag drop solutions in several airports such as Singapore, Melbourne, and Brisbane.
Vanderlande Industries
Dutch stakeholder, Vanderlande, develops automated material handling systems and provides all associated services for application areas such as baggage handling at airports, distribution centers, and parcel and postal sortation facilities. The company operates as an all-inclusive material-handling service provider that takes care of the overall project management, system design, engineering, supply chain management, manufacturing, information and communication technology, system integration, and operation and maintenance.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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