+1-888-308-5802     
News Contact Us

Smart Luggage Market 2020 - Trends, Demand and Future Opportunity Outlook to 2024

Author : Ronak Bora | Published Date : 2020-08-27 

The Asia Pacific smart luggage market is expected to witness high growth owing to the rising urbanization and increase in the air traffic levels specifically in countries such as Malaysia and Singapore. Many organizations are heavily investing in the technology as it enables them to offer better customer experiences and monitor the process based on different insights. Furthermore, a rising demand for sophisticated and varied luggage products, numerous trendy and intelligent suitcase categories have escalated the demand for these products.

North America, being one of the hubs of smart technology, is a profitable growth avenue for smart luggage market. The large-scale deployment of connected baggage has prompted companies to brainstorm and develop innovative products, which would considerably impel North America smart luggage industry. In fact, estimates claim North America to account for a rather huge share in smart luggage industry.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/2066

Global Smart Luggage Market was estimated to be over USD 630 million in 2016. This growth is accredited to the rising per capita income and shift in the consumer demands for convenient lifestyle. The demand for user friendly luggage for practical applications will surge the industry demand in the next few years. The penetration of advanced technologies such as Bluetooth, PS and digital scaling which enables the users to check the weight of the baggage and offer locking proximity alternatives.

High cost associated with these products coupled with the lack of awareness is expected to hinder the smart luggage market growth over the forecast timeline. Moreover, the technology consumers high energy resources such as the lithium batteries, which is mentioned as a hazardous substance amongst the aircraft authority posing a challenge to its largescale adoption.

The connectivity technology segment is expected to witness growth in the smart luggage market due to the demand from the customers to access the luggage with convenience. It also enables the users to get insights on the gates, currency exchange and flight schedules. This connected smart luggage are designed such that to shut down when it is onboard and automatically switch on while landing to meet the regulations of the government regarding the usage of wireless technologies.

Request for customization @ https://www.decresearch.com/roc/2066

Key players participating in the smart luggage market include: Bluesmart, Delsey, Samsonite, Away, Trunkster, Reden, Barracuda, and Lugloc. The industry is highly consolidated due to the presence of few major companies which are constantly coming up with new technologies and tech-savvy features. Furthermore, these companies are also working towards enhancing the current range of products and new product development to gain the competitive advantage.

Table of Contents (ToC) of the report:

Chapter 4. Smart Luggage Market, By Technology

4.1. Global smart luggage industry share by technology, 2016 & 2024

4.2. Connectivity

4.2.1.   Market estimates and forecast, 2013 - 2024

4.2.2.   Market estimates and forecast, by region, 2013 – 2024

4.2.3.   Wi-Fi

4.2.3.1.    Market estimates and forecast, 2013 - 2024

4.2.3.2.    Market estimates and forecast, by region, 2013 - 2024

4.2.4.   Bluetooth

4.2.4.1.    Market estimates and forecast, 2013 - 2024

4.2.4.2.    Market estimates and forecast, by region, 2013 - 2024

4.2.5.   GPS

4.2.5.1.    Market estimates and forecast, 2013 - 2024

4.2.5.2.    Market estimates and forecast, by region, 2013 - 2024

4.2.6.   RFID

4.2.6.1.    Market estimates and forecast, 2013 - 2024

4.2.6.2.    Market estimates and forecast, by region, 2013 - 2024

4.3. Sensors

4.3.1.   Market estimates and forecast, 2013 - 2024

4.3.2.   Market estimates and forecast, by region, 2013 - 2024

4.4. SIM Cards

4.4.1.   Market estimates and forecast, 2013 - 2024

4.4.2.   Market estimates and forecast, by region, 2013 – 2024

4.5. USB Charging

4.5.1.   Market estimates and forecast, 2013 - 2024

4.5.2.   Market estimates and forecast, by region, 2013 – 2024

Chapter 5. Smart Luggage Market, By Application

5.1. Global smart luggage industry share by application, 2016 & 2024

5.2. Real-time tracking

5.2.1.   Market estimates and forecast, 2013 - 2024

5.2.2.   Market estimates and forecast, by region, 2013 – 2024

5.3. Proximity alerts

5.3.1.   Market estimates and forecast, 2013 - 2024

5.3.2.   Market estimates and forecast, by region, 2013 - 2024

5.4. Remote locking

5.4.1.   Market estimates and forecast, 2013 - 2024

5.4.2.   Market estimates and forecast, by region, 2013 - 2024

5.5. Digital scaling

5.5.1.   Market estimates and forecast, 2013 - 2024

5.5.2.   Market estimates and forecast, by region, 2013 - 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/smart-luggage-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

Related News

Positron Emission Tomography Market To Witnessed An Appreciable Growth By 2026

Published Date: 2020-11-30         Author: Ronak Bora

Tentatively called ‘Global Positron Emission Tomography Market Research Report’, has compiled the report having undertaken extensive research and providing an in-depth evaluation of the global market. The report is basically inclusive of a detailed study of this market in combination wit... Read More

Medical Imaging Workstations Market Is Predicted to Witness A Massive Growth Up To 2026

Published Date: 2020-11-30         Author: Ronak Bora

An inherent blend of vital market definitions, the medical imaging workstations market report comprises details pertaining to the overall scope of the industry, pivotal insights, and parameters such as the industry ecosystem analysis, growth drivers responsible for fueling the commercialization matr... Read More

Surgical Devices Market Revenue & Regional Analysis Forecast to 2026

Published Date: 2020-11-30         Author: Ronak Bora

The research report on surgical devices market, in substance, presents an exclusive understanding of the vast expanse of the business space in question. The report comprises a gist of the industry by means of providing an executive summary, industry insights, industry ecosystem analysis, market segm... Read More

© 2020 Fractovia. All Rights Reserved