Press release
Aircraft Ground Handling System Market Revenue, Trends 2018 Forecast & Key Players - Swissport, SATS Ltd., Celebi, dnata, CargoTec, Cavotec, PrimeFlight
Aircraft Ground Handling System Market
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Industry Growth drivers:
1. Increasing commuters globally
2. Expansion and modernization of airports
The growing demand for quality solutions and products due to technological advancements and changing consumer behavior have increased aircraft ground handling system market demand. Manufacturers offer solutions and high-end products that can cater to current business demands and overcome the challenges faced by the end users.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Aero Specialties, Inc.
2. Air+Mak Industries
3. Bhadra
4. CargoTec
5. Cavotec SA
6. Celebi
7. Dnata
8. JBT AeroTech
9. John Menzies
10. PrimeFlight
11. RampSnake
12. SATS Ltd.
13. Swissport
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The major challenge faced by the government is to meet the infrastructure demand for rising air travel by providing the necessary infrastructure. Heavy investments in the equipment used in aircraft and cargo handling systems will restrain the aircraft ground handling system market growth over the forecast timeline as the equipment has a lifecycle of about 6-10 years.
Latin America air traffic has increased by 7.4% in 2016. Despite the political and economic uncertainties in the region’s largest industry, Brazil, the Latin American air traffic showcased growth. The domestic travel accounted for 46% of the operations from Brazil.
The Middle East and Africa aircraft ground handling system market size is predicted to witness exponential growth in upcoming years owing to favorable regulatory scenario regarding secure and efficient equipment. Moreover, increasing globalization has led to an expansion of airline businesses across regions, fueling the industry growth in this region.
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The major aircraft ground handling system market players are investing heavily in R&D activities for various sustainable equipment including battery-operated trucks and tugs for the reduction in carbon emissions and fuel consumption costs. The usage of advanced optimizations equipment and software programs are increasing as they are synchronized to handle increasing traffic.
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