(PRWEB) January 31, 2013
According to a new market research report authored by MarketsandMarkets, the Global Commercial Airports Baggage Handling Systems Market is expected to $30.66 billion by 2017, at an estimated CAGR of 7.08% from 2012 to 2017.
Browse 77 market data tables with 78 figures spread through 194 pages and an in-depth Table of Content on Global Baggage Handling Systems Market.
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Baggage Handling Systems use in-line screening, which is the need of the hour due to constant threats and attacks that are being tried by various outfits to dismantle the peace and tranquility of our various nations. Baggage Handling Systems are already in place in almost all parts of the world, due to fear of baggages being stuck up together or to avert any mishandled baggage situation. This technology can help process the bags to their right destinations with the help of baggage tags, which detect those using sensors.
The global Baggage Handling Systems market revenue is expected to grow from $21.78 billion in 2012 to $30.66 billion by 2017, at an estimated CAGR of 7.08% from 2012 to 2017.
Asia Pacific commanded the largest share of the Baggage Handling Systems market revenue in 2012 at $6.32 billion; and is expected to reach $9.06 billion by 2017, at a CAGR of 7.48% from 2012 to 2017.
Scope of the Report
This report segments the baggage handling systems market by:
1) North America,
2) South America,
3) Europe (including Russia),
5) Asia Pacific
In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing market growth, offering in-depth geographic analyses of the Baggage Handling Systems market in North America, Europe, Asia-Pacific, Latin America and Africa. The report draws the competitive landscape of the Baggage Handling Systems market, providing an in-depth comparative analysis of the mishandled baggage’s and passenger forecasts in order to gain an edge over the competitors.
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