The Aerospace and Defence practice practice at MarketsandMarkets is pleased to announce its Presentation on the “Global Commercial Baggage Handling Systems Market, 2012-2017
Baggage Handling Systems market is at a growing stage and has achieved dominance in the past four decades due to strong aviation regulations. Airports are now improvising on the existing baggage handling systems to create hazard-free and secure-free preventive systems. With the help of transformed baggage handling systems, airports can make use of the BHS when it is an off-peak period by way of small size cargo. Baggage Handling Systems can bridge the gaps between aviation safety and security threats. Installation of Baggage Handling Systems at major airports in a country is a pro-active method of countering long waiting hours at baggage claim areas in the airport.
Baggage Handling Systems has given a new dimension to next generation airports, because most passengers would not like to go wait for long hours in the baggage claim area and also they do not like to worry about whether their bags will reach along with them. Manufacturers are constantly upgrading their existing models to reduce less waiting and develop human free systems.
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. APAC 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.
The agenda for the briefing includes discussion on key high growth markets, thereby marketing the growth trend in the Baggage Handling Systems market. Furthermore, a briefing is conducted on the competitive scenario, geographic trends and opportunities in the North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
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