Growth Opportunities in the Global Unit Load Device Market
The future of the global unit load device market looks bright with opportunities in both the civil andmilitary markets. The global unit load device market is forecast to grow at a CAGR of 3.4% from2016 to 2021. The major growth drivers of this market are increasing passenger traffic, increasingimports and exports, and a rise in the deliveries of aircraft.
In this market, containers and pallets are the two major market segments by ULD type. Lucintelpredicts that the demand for containers is likely to experience the highest growth by value duringthe forecast period due to increasing usage of containers in cargo to protect the luggage andbaggage from bad weather.
Within the global unit load device market, the civil segment is expected to remain the largestsegment by application type during forecast period. Increasing passenger traffic, increasingexport/import, and rise in deliveries of aircraft are the major drivers, which would spur growth forthis segment over the forecast period.
For business expansion, the report suggests new product development to reduce weight of unitload device. The report further suggests the development of partnerships with customers to createwin-win situations and the development of low-cost solutions for customers.
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Scope and Features of This Report:
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This market report fulfills this core need and is an indispensable reference guide for materialsuppliers, product manufacturers, investors, executives, distributors, and more that operate in thismarket. Some of the features and scope of this report include the following: