According to a recent report published by Allied Market Research, titled, “France, Overseas France, and French Speaking Africa Airport Baggage Handling System Market by Type, Service, Technology, and Airport Class: Opportunity Analysis and Industry Forecast, 2022-2031,” the France, Overseas France, and French Speaking Africa airport baggage handling system market was valued at $325.5 million in 2021, and is projected to reach $620.6 million by 2031, registering a CAGR of 6.8% from 2022 to 2031.
Overseas France is expected to experience significant growth during the forecast period. Overseas France comprises all the French-administered territories outside the European continent. Guadeloupe, Martinique, Saint Martin, Saint Barthélemy, Clipperton Island, French Polynesia, New Caledonia, and others are some of the countries included in Overseas France. The airport construction industry is witnessing growth, with major ongoing airport infrastructure developments and extension projects.
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Significant factors that impact growth of the baggage handling system market comprise increase in air traffic, growth in infrastructure development of airports, and increase in adoption of self service and check-in kiosks. However, factors such as high initial and maintenance costs and high consequences of system failure are expected to hamper the market growth. Furthermore, adoption of automation solutions to improve operational efficiency and technological advancements are expected to create new growth opportunities for the airport baggage handling system market during the forecast period.
In coming years, the baggage handling robots are expected to cater to the process of loading passenger baggage into unit load devices (ULD) and carts in airport operations. Also, some of the leading European airports are incorporating this technology. SITA Lab’s baggage robot named Leo, a fully automated robot, self-propelling baggage robot, which can run tasks such as luggage check-in, print bag tags and transport up to two bags with a maximum weight of 32kg. Also, it offers functions that can avoid obstacles and can navigate in heavily crowded environment.
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KEY FINDINGS OF THE STUDY
By type, the destination coded vehicle segment is anticipated to exhibit significant growth in the near future.
By service, the self-service segment is anticipated to exhibit significant growth in the near future.
By technology, the RFID segment is anticipated to exhibit significant growth in the near future.
By airport class, the Class A segment is anticipated to exhibit significant growth in the near future.
By country, Overseas France is anticipated to register the highest CAGR during the forecast period.
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Know More- https://www.openpr.com/news/2909895/france-overseas-france-and-french-speaking-africa-airport
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