North America, which has
been slated to remain the top market for professional
gear bags globally, has been extending investments in automation since the
past few decades. There has already been substantial growth in outdoor
recreational activities in North America, in the past decade. While the outdoor
recreation alone forms the 4th largest economic sector in the US, it has
accounted for a massive revenue, generated in 2017. As stated by the Outdoor
Industry Association US, rampant growth of the outdoor recreation sector will
remain a primary factor fueling the demand for professional gear bags such as
camera bags, drone bags, recreational shooter bags, and other equipment bags,
in the US as well as worldwide.

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IoT-enabled/Smart
Gear Bags to Enter Mainstream

Soaring investments in product development targeting multifunctional gear bags segment, coupled with the incorporation of Internet of Things (IoT) into the current product offerings in market, will reportedly boost the professional gear bags market in the region. Moreover, Asia Pacific, the highest lucrative region for manufacturers of professional gear bags, is also expected to witness the entry of IoT technology in the existing manufacturing process of gear bags in the market. While connected products have a come a long way since inception, they have swiftly shifted from being experimental to riding the mainstream choices among consumers. Companies are increasingly working on including IoT-related user abilities in gear bags and accessories, especially in business traveler carry-on bags and suitcases, to redefine the entire experience of traveling on a business.

As indicated by Future Market Insights’ research, some of the
leading manufacturers in the global professional gear bags market are focusing
on the adoption of IoT to introduce more user-friendly products to the
marketplace, grasping the tremendous consumer interest in connected devices.
The ability of smart business traveler bags to enable charging of smartphone
and other electronic devices during commute and layovers, will play a key role
in attracting a growing base of business travelers. Smart luggage typically
comprise the state-of-the-art technology such as GPS locator, battery pack, and
electronic weighing scale. Some bags also possess motors so as to function as
personal transportation devices.

Collaborations
& Partnerships Remain Top Strategies for Manufacturers

Technological innovations are expected to eventually impact the
competitive landscape and fragmentize the mature professional gear gags market,
such as business travel carry-ons, aviation/pilot bags, gun bags, and
camera/drone bags and cases, by intercepting IoT modules into these devices.
This fragmentation of the marketplace is expected to further push the revenue
sales slightly up, over the forecast period, 2018-2028. As the IoT-enabled
additional features offer maximum comfort and convenience, these bags are
likely to gather more traction in future compared to traditional gear bags.

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The market for professional
gear bags may also witness leading players collaborating with technologically
advanced device makers, to develop and introduce exclusive product-based gear
bags in mainstream offerings. Moreover, manufacturers are further anticipated
to enter partnerships with device manufacturers in an effort to create a range
of product-specific professional gear bags – especially camera bags and drone
bags. In addition to helping bag manufacturers gain brand recognition, such
strategic moves will aid the companies improve the penetration rate in new
regional markets, using established sales channels of device makers.

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