Global Aircraft Ground-handling System Market 2018-2022
About Aircraft Ground-handling System
The aircraft ground-handling system market is majorly fragmented owing to the presence of numerous international and regional players. Aircraft ground handling service providers compete intensely in terms of product quality, cost of manufacturing, reliability, delivery cycle time, and geographical diversifications. Several vendors are directing their market operations in APAC to achieve cost-effectiveness. To attain competitive advantage in the aviation ground handling equipment market, the providers must focus on in-house manufacturing capabilities, product offerings, global network, investment in R&D, new technology, and strong client base. Based on technology, it can be segmented into conventional system and electrical and hybrid system.
Technavio’s analysts forecast the global aircraft ground-handling system market to grow at a CAGR of 10.44% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global aircraft ground-handling system market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of aircraft ground-handling system.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Aircraft Ground-handling System Market 2018-2022
Technavio recognizes the following companies as the key players in the global aircraft ground-handling system market: ALVEST, JBT, Mallaghan, Textron, and Tronair.
Other Prominent Vendors in the market are: ADELTE Group, avro GSE, BEUMER GROUP, CHARLATTE AMERICA, COBUS Industries, DOLL FAHRZEUGBAU, Harlan Global Manufacturing, LAS-1, MAK Controls, Rucker Equipamentos Industriais, SkyMark Refuelers, Sphera, and Victory GSE- Ground Support Equipment.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is implementation of collective pooling of airside equipment. Aircraft terminals demand for aircraft ground support equipment for servicing and maintenance, that are owned or leased through contracts with varied airlines. Rising airport traffic and the growing demand for stress-free and on-time performance by the passengers pressurize ground handling procedures. To combat the increasing traffic and improving the efficiency, airports and airlines are merging to ensure their services are cost and capacity-efficient. Airports are facilitating collective pooling of airside equipment to increase its aircraft ground support efficiency and reduce overall cost.”
According to the report, one of the major drivers for this market is modernization and expansion of airport terminals. Airport terminals have the need to be modernized and upgraded to cater to the increasing passenger traffic and combat congestion. Adequate airside and terminal infrastructure is integral for efficient management of airport operations and prevent delays. The increasing cargo and passenger traffic is encouraging the airports to undergo modernization and expansion activities with advanced technologies and infrastructure facilities. Terminal expansions and upgrades will ease the accommodation of large volume of passengers and ground staff with advanced technologies
ALVEST, JBT, Mallaghan, Textron, Tronair, ADELTE Group, avro GSE, BEUMER GROUP, CHARLATTE AMERICA, COBUS Industries, DOLL FAHRZEUGBAU, Harlan Global Manufacturing, LAS-1, MAK Controls, Rucker Equipamentos Industriais, SkyMark Refuelers, Sphera, and Victory GSE- Ground Support Equipment.