GLOBAL ELECTRONIC BAG TAG MARKET

INTRODUCTION

Bus, train, and airline companies have long used bag tags, sometimes known as baggage tags, baggage checks, or luggage tickets, to direct checked luggage to its destination.

Normally, the passenger stub is given to them or is attached to the ticket envelope:

to assist the traveler in locating their bag at the baggage carousel at the destination; providing evidence which is still required at some airports that the traveler is not taking another person's suitcase from the baggage reclaim area; and provides a way for the traveler and the carrier to recognise and track a specific bag that has been lost and wasn't dropped off at the right place.

Liability of the carriers is confined to published tariffs and international agreements.

The key advantages of electronic bag tags include improved read rates compared to printed bag tags, self-control and convenience of use by passengers, time savings by skipping airport lineups, and, as electronic bag tags are used, a large drop in airline operating costs.

GLOBAL ELECTRONIC BAG TAG MARKET SIZE AND FORECAST

The Global electronic bag tag market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

NEW PRODUCT LAUNCH

Alaska Airlines has stated with pride that it would be the first airline in the United States to implement an electronic bag tag programme. The

advantage of electronic bag tags is that they can streamline your airport experience. The use of electronic tags will spare visitors from having to print out conventional bag tags at the airport.

Through the Alaska mobile app, travelers can activate the devices up to 24 hours before their journey from anywhere.

While the electronic bag tags will speed up the check-in process at the airport, they also minimize waste by using less paper than the traditional bag tags.

Holding the phone used for check-in against the electronic bag tag activates the tag. An antenna on the tag is powered up and reads the data sent from the phone. The traveler's flight information will then be quickly shown on the bag tag's e-paper screen. It is a Handy thing. 

COMPANY PROFILE

• UTC Aerospace Systems
• International Flight Support (IFS)
• Teledyne Controls
• Thales
• Lufthansa Systems
• FLIGHTMAN

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Global electronic bag tag market right now and how will it change in the next 5-6 years?
2. Average cost to set up a Global electronic bag tag market in the US, Europe, and China?
3. How many Global electronic bag tag markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Global electronic bag tag market and key vendor selection criteria
6. Where is the Global electronic bag tag market manufactured? What is the average margin per equipment?
7. Market share of Global electronic bag tag market manufacturers and their upcoming products
8. The most important planned Global electronic bag tag market in next 2 years
9. Details on network of major Global electronic bag tag market and pricing plans
10. Cost advantage for OEMs who manufacture Global electronic bag tag market in-house
11. 5 key predictions for next 5 years in Global electronic bag tag market
12. Average B-2-B Global electronic bag tag market price in all segments
13. Latest trends in Global electronic bag tag market, by every market segment
14. The market size (both volume and value) of the Global electronic bag tag market in 2022-2030 and every year in between?
15. Global production breakup of Global electronic bag tag market, by suppliers and their OEM relationship