The Top Companies in the Baggage Handling Systems Market Know about it in 3 Minutes

Market Overview:

According to vantage market research, the global Baggage Handling System market was valued at USD 6.83 Billion in 2020 and is projected to reach USD 12.01 Billion by 2028, growing at a CAGR of 7.31% from 2021 to 2028. 

The increasing volume of marine and air passengers for domestic and international travels is facilitating the growth of the market for Baggage Handling Systems. The exponential rise in the investment for developing infrastructure at airports to cater to the expanding passenger traffic in the last few years is anticipated to facilitate the market.  A rising population along with an increase in disposable income is likely to stimulate growth for the market. Furthermore, to improve customer experience and to smoothly operate airlines investors are installing baggage handling systems that are more advanced to increase operational efficiency for baggage handling systems which is likely to support growth for the baggage handling system market.

Passengers traveling through airways have risen exponentially due to rising disposable income, consistent economic growth, demographic profiles, encouraging population dynamics are some determinants influencing the market for baggage handling systems. In October 2019, In Qatar Hamad International Airport announced its expansion plan, which includes the expansion of different Phases such as A and B. Phase A predicted, the passenger handling capacity to rise to more than 53 million customers annually by 2022 and further rise to more than 60 million customers traveling after the completion of Phase B. Various projects similar to this are ongoing in various other nations. Such airport development projects are likely to generate demand for baggage handling systems that will allow the effective processing of baggage and passengers at the airport.

Following are the top 8 leading companies in the Baggage Handling Systems market:

1. Beumer Group

Number of Employees- 4,500

Beumer Group GmbH & Co. KG is an international manufacturer of intra-logistics systems. The company has branches in around 70 countries. The products include conveyor systems, palletizing technology, packaging technology, and sorting and distribution systems. The company was established in 1935. With 4,500 employees worldwide, the company has annual sales of about EUR 950 million. The company offers intra-logistics solutions for conveying, loading, palletizing, packaging, sortation, and baggage handling.

2. Daifuku Co. Ltd.

Number of Employees- 10,863

Daifuku Co., Ltd. is a Japanese material-handling equipment company, founded in 1937, in Osaka. The company provides business through consulting, engineering, design, manufacture, installation, and after-sales services for logistics systems and material handling equipment. The company offers Conveying system, Transport system, Storage system, Sorting/Picking system, Control system, Material handling tools, and Electronics/Car wash machines. The company has focused on material handling; the movement of finished goods and work in progress.

3. Fives Group

Number of Employees- 8,000

FIVES GROUP was established in 1812, the company is an industrial engineering Group, which designs and supplies complex machines, process equipment, production lines, complete plants and after-sales services for manufacturers worldwide. From aluminum, steel, glass, automotive, to aerospace, logistics, cement, and energy industries, the company helps its clients maximize their performance. The company aims to provide its customers with capital goods including technological breakthroughs as well as quality, safety, environmental performance, automation, and process intelligence.

4. G&S Airport Conveyor

Number of Employees- 228

G&S AIRPORT CONVEYOR was established in 1982, the company has become an industry leader that supplies solid, reputable conveyor solutions. The company has implemented baggage handling systems in airports across North America and the world, ranging from large, complex explosive detection/sortation systems to simple, single conveyor arrangements. The company provides quality products and service and has positioned G&S Airport Conveyor as the baggage conveyor supplier of choice for many architects, engineers, and airline clients.The company focuses on system design and engineering, manufacturing and installation through operations and maintenance, support, customer service, as well as system upgrades & refurbishment.

5. Glidepath Group

Number of Employees- 175

2Glidepath Group is a reputable provider of automated turnkey solutions for airport, intra-logistics and parcel markets and has created a new global materials handling expert.The company has a strong international presence in the materials handling industries and offers a promise of excellence for their employees & a desire to exceed the needs of all their customers. The company is delivering intelligent solutions and providing the long-term benefits of tailor-made, automated systems that are efficient, scalable, and innovative.

6. Grenzebach Group

Number of Employees- 1,500

Grenzebach serves the global markets of the glass, wood, insulation materials and gypsum industries as well as intra-logistics with customized automation solutions. With a pioneering spirit and passion for innovation, the company develops new areas of application, such as friction stir welding and the automation of additive manufacturing. With the sericy digitalization platform,customers can develop their own digital know-how for the future. The company pilots businesses worldwide throughout the whole value chain and the entire product lifecycle.

7. SIEMENS AG

Number of Employees- 293,000

Siemens AG, is engaged in electrification, automation, and digitalization with strong presence in over 200 countries. Siemens operates through the following reportable segments power & gas, energy management, building technologies, mobility, digital factory, and process industries and drives as well as strategic unit healthineers and Siemens Gamesa Renewable Energy. The mobility division combines all Siemens businesses in the area of passenger and freight transportation, including rail vehicles, rail automation systems, rail electrification systems, road traffic technology, digital solutions, and electro mobility.   

8. Pteris Global Limited

Number of Employees- 1000

Pteris Global Limited is one of the world’s largest suppliers of Passenger Boarding Bridges (“PBB”), and a leading global integrated solutions provider of airport facility equipment including logistic systems (Baggage Handling and Materials Handling), and Ground Support Equipment (“GSE”). In addition, the company manufactures and supplies Materials Handling Systems and Automated Parking Systems for other commercial sectors. The company also manufactures special purpose vehicles and heavy trucks equipment for the energy, chemicals and liquid food industries and offshore engineering. The company’s other businesses include real estate development and financial leasing.

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