Press Resease

Smart Luggage Market - By Technology (Sim Card, Connectivity, and USB Charging), By Application (Proximity Sensors, Real-Time Tracking, Digital Scaling, Remote Locking, and Others), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 19-Feb-2021 Category: Consumer Goods Report Format : PDF Pages: 110 Report Code: ZMR-3062 Status : Published

The global Smart Luggage market, which accrued revenue worth nearly 700 (USD Million) in 2019 and is slated to garner earnings worth 1,015 (USD Million) by 2025, is set to grow at a CAGR of 16.8% during the period from 2019 to 2025.

Description

The global Smart Luggage market, which accrued revenue worth nearly 700 (USD Million) in 2019 and is slated to garner earnings worth 1,015 (USD Million) by 2025, is set to grow at a CAGR of 16.8% during the period from 2019 to 2025. The report offers valuation and analysis of the Smart Luggage market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Million).

Smart Luggage Market: Outlook

Smart luggage industry is experiencing lucrative growth over the ensuing years with massive demand for bags as well as suitcases embedded with key features including Bluetooth, Wi-Fi hotspots, digital scaling, SIM cards, RFID, GPS, and built-in batteries. With rapid expansion of IoT and growing introduction of new technologies for luggage safety will culminate into high demand for smart luggage industry over the forecast timeframe.

Global Smart Luggage Market

Smart Luggage Market: Growth Drivers


Escalating customer trend towards leisure, style-quotient, and lifestyle is likely to prompt the expansion of smart luggage industry in the years ahead. Apart from this, surge in the internet penetration across the globe and rise in the air travel will prompt the technological breakthroughs in the coming years. Technological breakthroughs including automated locking, location & proximity alerts, smartphone connectivity, and tracking system are expected to steer the expansion of smart luggage market over the assessment timeline. Blending of smart luggage with analytics is set to offer new growth avenues for smart luggage industry over the assessment timeline.

Furthermore, onset of technologies including machine-to-machine interaction for offering high security to baggage is expected to help smart luggage industry gain momentum over the forecast timeline. With bags & luggage safeguarded with digital lock activation, the smart luggage industry is likely to gain traction over the assessment timeline.

North America To Majorly Contribute Towards Overall Smart Luggage Industry Size By 2025

The expansion of smart luggage industry in North America over the forecast timeline is due to large-scale acceptance of technologically advanced luggage items. In addition to this, humungous presence of smart luggage manufacturers focusing on creating new products will prompt the business growth over the forecast timeline.

Key participants profiled in the study include Lugloc, Rimowa, Barracuda, Samsara, Planet Traveler, Away, Delsey, Samsonite, Bluesmart, Neit, Reden, and Trunkster.

The global smart luggage market is segmented as follows:

By technology:

  • Connectivity
    • RFID
    • Wi-Fi
    • GPS
    • Bluetooth
  • USB Charging
  • Sim Card

By application:

  • Remote Locking
  • Real-Time Tracking
  • Proximity Sensors
  • Digital Scaling
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Smart Luggage Market, 2015–2025 (USD Million)
    • 2.2. Smart Luggage Market: Snapshot
  • Chapter 3. Global Smart Luggage Market– Industry Analysis
    • 3.1. Smart Luggage Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Technulogical breakthroughs including automated locking, location & proximity alerts, smartphone connectivity, and tracking system are expected to steer the expansion of smart luggage market over the assessment timeline.
      • 3.2.2. With bags & luggage safeguarded with digital lock activation, the smart luggage industry is likely to gain traction over the assessment timeline.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Technulogy
      • 3.4.2. Market attractiveness analysis By Application
  • Chapter 4. Global Smart Luggage Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Smart Luggage Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Smart Luggage Market– Technulogy Analysis
    • 5.1. Global Smart Luggage Market overview: By Technulogy
      • 5.1.1. Global Smart Luggage Market share, By Technulogy , 2019 and 2025
    • 5.2. Sim Card
      • 5.2.1. Global Smart Luggage Market By Sim Card , 2015–2025 (USD Million)
    • 5.3. Connectivity
      • 5.3.1. Global Smart Luggage Market By Connectivity, 2015–2025 (USD Million)
    • 5.4. USB Charging
      • 5.4.1. Global Smart Luggage Market By USB Charging, 2015–2025 (USD Million)
  • Chapter 6. Global Smart Luggage Market– Application Analysis
    • 6.1. Global Smart Luggage Market overview: By Application
      • 6.1.1. Global Smart Luggage Market share, By Application , 2019 and 2025
    • 6.2. Proximity Sensors
      • 6.2.1. Global Smart Luggage Market By Proximity Sensors, 2015–2025 (USD Million)
    • 6.3. Real-Time Tracking
      • 6.3.1. Global Smart Luggage Market By Real-Time Tracking , 2015–2025 (USD Million)
    • 6.4. Digital Scaling
      • 6.4.1.1. Global Smart Luggage Market By Digital Scaling, 2015–2025 (USD Million)
    • 6.5. Remote Locking
      • 6.5.1.1. Global Smart Luggage Market By Remote Locking, 2015–2025 (USD Million)
    • 6.6. Others
      • 6.6.1.1. Global Smart Luggage Market By Others, 2015–2025 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. Barracuda
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfulio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Away
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfulio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Delsey
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfulio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. Bluesmart
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfulio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. Neit
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfulio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. Lugloc
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfulio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Reden
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product Portfulio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. Rimowa
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product Portfulio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. Planet Traveler
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product Portfulio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development
    • 7.10. Samsonite
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Product Portfulio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Development
    • 7.11. Samsara
      • 7.11.1. Overview
      • 7.11.2. Financials
      • 7.11.3. Product Portfulio
      • 7.11.4. Business Strategy
      • 7.11.5. Recent Development
    • 7.12. Trunkster
      • 7.12.1. Overview
      • 7.12.2. Financials
      • 7.12.3. Product Portfulio
      • 7.12.4. Business Strategy
      • 7.12.5. Recent Development

Methodology


Frequently Asked Questions

Escalating customer trend towards leisure, style-quotient, and lifestyle is likely to prompt the expansion of smart luggage industry in the years ahead. Apart from this, surge in the internet penetration across the globe and rise in the air travel will prompt the technological breakthroughs in the coming years. Technological breakthroughs including automated locking, location & proximity alerts, smartphone connectivity, and tracking system are expected to steer the expansion of smart luggage market over the assessment timeline. Blending of smart luggage with analytics is set to offer new growth avenues for smart luggage industry over the assessment timeline. Furthermore, onset of technologies including machine-to-machine interaction for offering high security to baggage is expected to help smart luggage industry gain momentum over the forecast timeline.

According to Zion market research, the global Smart Luggage market, which accrued revenue worth nearly 700 (USD Million) in 2019 and is slated to garner earnings worth 1,015 (USD Million) by 2025, is set to grow at a CAGR of 16.8% during the period from 2019 to 2025.

North America is likely to make noteworthy contributions towards overall market revenue during 2019-2025. The surge in the expansion of market in the sub-continent over the estimated timespan is due to large-scale acceptance of technologically advanced luggage items. In addition to this, humungous presence of smart luggage manufacturers focusing on creating new products will prompt the business growth over the forecast timeline.

The key players profiled in the report include Lugloc, Rimowa, Barracuda, Samsara, Planet Traveler, Away, Delsey, Samsonite, Bluesmart, Neit, Reden, and Trunkster.

}
Office Address

Corporate Office
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office
3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #
US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com