Aircraft Ground-handling System Market Growth Challenges, Key Vendors, Drivers, Technical Analysis and Trends by Forecast to 2025
Shifting trend towards convenience travel for passengers and increasing per capita income among general population are some of the key driver for market growth, in the recent years. Globally, the market is predicted to grow at CAGR of 10.44% in forecast period, providing numerous opportunities for market players to invest in research and development in the aircraft ground-handling system market.
Shifting trend towards convenience travel for passengers and increasing per capita income among general population are some of the key driver for market growth, in the recent years. Globally, the market is predicted to grow at CAGR of 10.44% in forecast period, providing numerous opportunities for market players to invest in research and development in the aircraft ground-handling system market.
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<strong>Aircraft</strong> <strong>Ground</strong>-<strong>h<strong>and</strong>ling</strong> <strong>System</strong> <strong>Market</strong><br />
Regional Outlook, Application Potential,<br />
Competitive <strong>Market</strong> Share & <strong>Forecast</strong> <strong>2025</strong><br />
“Rising dem<strong>and</strong> for sophisticated services for various airport operations<br />
<strong>and</strong> airline services across <strong>to</strong> utilize every aspect of GH operation. The<br />
recent technological advancement in the aviation industry <strong>and</strong><br />
development of novel products <strong>and</strong> technique such as use of robotics <strong>and</strong><br />
digital communications, are expected <strong>to</strong> positively influence the growth<br />
of the ground <strong>h<strong>and</strong>ling</strong> system in the upcoming years.”<br />
The Global <strong>Aircraft</strong> <strong>Ground</strong>-H<strong>and</strong>ling <strong>System</strong> <strong>Market</strong> is subject <strong>to</strong> witness a substantial growth due <strong>to</strong> the rising<br />
globalization, increasing the global air traffic, rising focus <strong>to</strong>wards ground support operations at airports. Additionally,<br />
declining airfares, increasing number of aircraft fleets, rising availability of advanced facilities, <strong>and</strong> development of the<br />
luxury travel services are expected <strong>to</strong> drive the growth of ground <strong>h<strong>and</strong>ling</strong> system market over the forecast period.<br />
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Shifting trend <strong>to</strong>wards convenience travel for passengers <strong>and</strong> increasing per capita income among general population<br />
are some of the key driver for market growth, in the recent years. Globally, the market is predicted <strong>to</strong> grow at CAGR<br />
of 10.44% in forecast period, providing numerous opportunities for market players <strong>to</strong> invest in research <strong>and</strong><br />
development in the aircraft ground-<strong>h<strong>and</strong>ling</strong> system market.<br />
Rising dem<strong>and</strong> for sophisticated services for various airport operations <strong>and</strong> airline services across <strong>to</strong> utilize every<br />
aspect of GH operation. The recent technological advancement in the aviation industry <strong>and</strong> development of novel<br />
products <strong>and</strong> technique such as use of robotics <strong>and</strong> digital communications, are expected <strong>to</strong> positively influence the<br />
growth of the ground <strong>h<strong>and</strong>ling</strong> system in the upcoming years.
In addition, shifting trend <strong>to</strong>wards adoption of electric propulsion instead of fossil fuels is considered as key growth<br />
fac<strong>to</strong>r for ground <strong>h<strong>and</strong>ling</strong> system market, in the near future. Development of electric-operated <strong>and</strong> biogas powered<br />
<strong>to</strong>wing au<strong>to</strong>mobiles coupled with favorable governmental policies are expected <strong>to</strong> boost overall market performance<br />
in the upcoming years. Use of electrically operated <strong>and</strong> biogas powered <strong>to</strong>wing au<strong>to</strong>mobile for aircraft allows engines<br />
<strong>to</strong> stay powered off unless the aircraft is at the runway’s head.<br />
Growing number of operational airports <strong>and</strong> flights, particularly in the North America <strong>and</strong> European region are<br />
expected <strong>to</strong> incorporate numerous growth opportunities in the near future. Increasing investment <strong>by</strong> both local<br />
governments <strong>and</strong> private bodies <strong>to</strong> promote adoption of alternate fuel resources for <strong>h<strong>and</strong>ling</strong> equipment <strong>and</strong> vehicles,<br />
are propelling market expansion in the years <strong>to</strong> come. However, increasing requirement for optimization of operations<br />
at the peak time is expected <strong>to</strong> negatively influence industry growth <strong>to</strong> a certain extent.<br />
The market is broadly categorized in<strong>to</strong> three major types based on type of the equipment such as aircraft <strong>h<strong>and</strong>ling</strong><br />
system, baggage & cargo <strong>h<strong>and</strong>ling</strong> system, <strong>and</strong> passenger <strong>h<strong>and</strong>ling</strong> system. <strong>Aircraft</strong> support equipment is considered<br />
as one of the fastest growing segment in the aircraft ground-<strong>h<strong>and</strong>ling</strong> system market with substantial revenue<br />
generation in the last couple of years. . <strong>Aircraft</strong> support equipment majorly consists of air start units, refuels, <strong>to</strong>w bars,<br />
wedges, deicing <strong>and</strong> anti-icing instruments, <strong>and</strong> lava<strong>to</strong>ry <strong>and</strong> water support instruments.<br />
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While, the baggage <strong>and</strong> cargo support equipment market segment has also witnessed significant growth, in the recent<br />
years as well owing <strong>to</strong> the increasing dem<strong>and</strong> for transport wagons, trac<strong>to</strong>rs, baggage loaders, trailers, <strong>and</strong> containers.<br />
Some of the critical fac<strong>to</strong>rs such as cus<strong>to</strong>mer satisfaction, improvements in the aircraft turnaround time, superior<br />
airport’s operational efficiency, au<strong>to</strong>mation of various airport services, <strong>and</strong> a rise in air travel across the globe are<br />
fostering the growth of baggage <strong>and</strong> cargo support equipment segment, in the recent years.<br />
The market is divided <strong>by</strong> region as North America, Europe, Asia-Pacific, Latin America <strong>and</strong> Africa. North America has<br />
shown major growth in recent years owing <strong>to</strong> the rise in the implementation of latest technologies in aviation industry,<br />
increase in domestic traveling, <strong>and</strong> existence of well-established industrial infrastructure in the region.<br />
Asia-Pacific region is predicted <strong>to</strong> hold major market share in the aircraft ground-<strong>h<strong>and</strong>ling</strong> system market with massive<br />
growth in the forecast period. Countries such as India, China, Japan <strong>and</strong> Singapore are leading the Asia-Pacific market<br />
with strong economic growth, increasing cus<strong>to</strong>mer base for airlines, <strong>and</strong> significant investment <strong>by</strong> leading industry<br />
players considering potential growth opportunities in the region.<br />
The key players in the ground <strong>h<strong>and</strong>ling</strong> system are Dubai National Air Transport Association, Havas S.A., John Bean<br />
Technologies AeroTech SLU, SATS LLC, AERO Specialties, Inc., <strong>Aircraft</strong> Service International Group (ASIG), Inc., Imai<br />
Aero-Equipment Mfg. Co., Ltd., WeihaiGuangtai Airports Equipment Co., Ltd., Mallaghan Engineering Ltd., <strong>and</strong><br />
Swissport International Ltd.
<strong>Market</strong> Segment:<br />
Geographically, this report is segmented in<strong>to</strong> several key Regions, with production, revenue (million USD), market<br />
share <strong>and</strong> growth rate of <strong>Aircraft</strong> <strong>Ground</strong>-<strong>h<strong>and</strong>ling</strong> <strong>System</strong> in these regions, from 2013 <strong>to</strong> <strong>2025</strong> (forecast), covering<br />
• North America<br />
• Europe<br />
• China<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
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Global <strong>Aircraft</strong> <strong>Ground</strong>-<strong>h<strong>and</strong>ling</strong> <strong>System</strong> market competition <strong>by</strong> <strong>to</strong>p manufacturers, with production, price, revenue<br />
(value) <strong>and</strong> market share for each manufacturer; the <strong>to</strong>p players including<br />
• Alvest<br />
• JBT<br />
• Textron<br />
• Mallaghan<br />
• Tronair<br />
• Charlatte America<br />
On the basis of product, this report displays the production, revenue, price, market share <strong>and</strong> growth rate of each<br />
type, primarily split in<strong>to</strong><br />
• Conventional <strong>System</strong><br />
• Electrical <strong>and</strong> Hybrid <strong>System</strong>
On the basis of the end users/applications, this report focuses on the status <strong>and</strong> outlook for major applications/end<br />
users, (sales), market share <strong>and</strong> growth rate for each application, including<br />
• Civil Aviation<br />
• Military Aviation<br />
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