openPR Logo
Press release

Global Airport Catering Trucks Market Examination & Future Forecast Analyzed till 2028 || Competition Landscsape- Alvest Group, Global Ground Support Equipment LLC, Mallaghan Engineering Ltd., DOLL Fahrzeugbau, Eagle Industries DWC-LLC, Jiangsu Tianyi Air

11-29-2018 08:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

According to International Monetary Fund (IMF), the global economy has maintained momentum. Economic activities in both emerging and developed economies accelerated in 2017 by a 4.6 percent and 2 percent respectively increase over 2016. 2018 is expecting a 1.9 percent increase in growth of developed economies and a 4.8 percent increase for emerging economies. This has remarkably influenced the aviation industry, which reflected a resilient nature since the aftermath of the global financial crisis.

Get Free Sample Report here @ https://www.factmr.com/connectus/sample?flag=S&rep_id=800

Driven by increasing development of airports across developed and emerging economies, the airport catering trucks market is likely to expand at a CAGR of 5.7% in terms of value, reveals a new study compiled by Fact.MR. In terms of volume, the report expects over 3 billion airport catering trucks to be sold by 2028.

Developed Economies Continue to be at the Forefront of Demand

With growing expenditure on aviation infrastructure in developed counties of North America and Europe, the sales volume of airport catering trucks is expected to remain concentrated in the United States, Germany, the United Kingdom and Russia. North America region is at the vanguard of global demand, followed by European countries – surging popularity of air travel in developing countries is complementing demand.

Growing emphasis on enhancing airport infrastructure, coupled with increasing number of airports in emerging economies of India and China has been instrumental in driving sales in these regional markets. China is likely to ramp up demand for airport catering trucks – the Government of China plans to develop 136 new airports by 2025. Sales are also likely to be resurgent in Oceania and India.

Pricing Pressures Continue to Fuel Demand for Non-refrigerated Trucks vis-à-vis Refrigerated Variants

Refrigeration has always been a major factor of concern, when it comes to transportation of food products. Refrigeration incurs high costs, which consequently increases the overall pricing of airport catering trucks. Preference for airport catering trucks without refrigeration has conventionally remained higher owing to pricing pressures, and the status quo is likely to remain unaltered during the period of assessment, 2018-2028.

View Full Report with Table of Content @ https://www.factmr.com/report/800/airport-catering-trucks-market

Hybrid Airport Catering Trucks Sales Nearly 19x of its Electric Counterpart

The report finds that hybrid catering trucks continues to remain the preferred option among end-users. Hybrid airport catering truck market valuation is about 19 times more than electric catering trucks. With increasing end user demand for flexibility in fuel consumption and economy, coupled with engine robustness and power, hybrid airport catering trucks continue to be an economically-feasible option for end-users. However, with increasing environmental concerns and environmental safety regulations laid by EPA (Environment Protection Act) regarding carbon dioxide emissions, electric catering trucks are expected to witness significant demand and are poised to expand at a higher value CAGR, albeit from a low base.

Table of Content:

Global Airport Catering Trucks Market – Executive Summary
Global Airport Catering Trucks Market Outlook Overview
2.1. Introduction
2.2. Market Definition
2.3. Scope of Report
2.4. Mega Trends
Market Dynamics
3.1. Key Growth Drivers
3.2. Market Challenges
3.3. Industry Trends
3.4. Airport Catering Trucks Market Growth opportunities
3.5. Wheel of Fortune
Associated Industry and Key Indicator Assessment
4.1. Supply Chain
4.2. Investment Feasibility Matrix
4.3. Porter’s Five Forces Analysis
4.4. PEST Analysis
4.5. Cost Structure Analysis
4.6. Forecast Scenario
4.7. Global Airport Catering Trucks Market – Price Point Analysis
Global Airport Catering Truck Market Historical Analysis (2013-2017) and Forecast Analysis (2018-2028)
5.1. Analysis and Forecast Revenue (US$ Mn) & Volume (Units) Comparison by Product Type, 2018-2028
5.1.1. Electric
5.1.2. Hybrid
5.1.3. Market Attractiveness By Product Type
5.1.4. Y-o-Y growth Comparison
5.2. Analysis and Forecast Revenue (US$ Mn) & Volume (Units) Comparison By Capacity 2018-2028
5.2.1. less than equal to 1500 Kg
Continued……………..

The report finds that participants are focusing on launching electric catering trucks to fulfil their increasing demand. In addition, manufacturers are aiming to consolidate their position in the airport catering trucks business, particularly in the emerging economies given their significant potential for growth. Some of the leading players include Alvest Group, Global Ground Support Equipment LLC, Mallaghan Engineering Ltd., DOLL Fahrzeugbau GmbH, Eagle Industries DWC-LLC, Jiangsu Tianyi Airport Special Equipment Co., Ltd., Cartoo GSE, WEIHAI Guangtai Airport Equipment Co., Ltd., and Sovam.

Grow Your Business From Expert Advice @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=800

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Read Industry News at- https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Airport Catering Trucks Market Examination & Future Forecast Analyzed till 2028 || Competition Landscsape- Alvest Group, Global Ground Support Equipment LLC, Mallaghan Engineering Ltd., DOLL Fahrzeugbau, Eagle Industries DWC-LLC, Jiangsu Tianyi Air here

News-ID: 1407079 • Views: 153

More Releases from Fact.MR

Vehicle Trip Computers Market – Future Growth Strategies by 2029 | Linear Logi …
Vehicle Trip Computers Market Introduction Vehicle trip computers refer to a trip monitoring device installed in vehicles that helps the driver gauge efficiency of the vehicle and also help in the planning of refueling stops. Vehicle trip computers can measure the speed of the vehicle, the distance covered in that speed, and fuel consumed besides the amount of fuel left in the vehicle fuel tank. Furthermore, the offerings in vehicle trip
Pyrimidine Market – Future Need Assessment 2029 | Cayman Chemical,Synerzine, I …
Pyrimidine Market Introduction Pyrimidine is an organic compound with aromatic and heterocyclic chemical structure similar to the pyridine compound. Naturally, Pyrimidine is an essential component of nucleic acids (DNA) and comprises of three different types of pyrimidines. These are Uracil, Thymine and Cytosine. Pyrimidine can also be produced synthetically and the prominent consumption of pyrimidine is in the pharmaceutical industry where it used for the production of various drugs such as
Memory Foam Market – Global Competition Outlook by 2029 | Foam Factory, Inc.,I …
Memory Foam Market Introduction Memory foam is also referred to as low-resilience or viscoelastic polyurethane foam. Memory foam is majorly composed of polyurethane and other additives that increase the viscosity and density of the final product. Memory foam is characterized by its ability to recover to its initial shape and size after the removal of pressure and hence the nomenclature derived from this property. The property of elasticity of memory foam
Bio-Based Coolants Market - Industry Current Trends, Opportunities & Challenges …
Bio-Based Coolants Market Introduction Bio-based coolants are produced from the sustainable and renewable substitutes of raw material for the conventional chemical based coolants. Bio-based coolants are identified as a promising alternative to the conventional chemical based coolants as they have reduced carbon content, are more environment friendly and biodegradable. The intensity of participation in the global bio-based coolants market is expected to increase as it offers a promising growth in coming

All 5 Releases


More Releases for Airport

Airport Runway Safety System
Runway safety involves safe and reliable. Airport runway safety systems ensures safe and reliable flight operations from take-off to landing through providing guidance to ATCs and pilots. This is done by analyzing the detected data of runways and taxiways to take necessary steps in action while avoiding runway incursions, excursions, and confusions. Publisher's analysts forecast the global airport runway safety system market to grow at a CAGR of 8.53% during the
Why Choose Sydney Airport Parking Instead Of Traditional Airport Parking
Nowadays, people are becoming increasingly involved in air travel. No matter if you're considering a family holiday or a business trip, Sydney airport parking affords way better options than traditional airport parking. Air travel is more popular than ever as more and more people are using airports to move from one place to another. Airports are busy places and they need to make some improvements. Due to the increased number of
IPTV at Frankfurt Airport
At Frankfurt Airport, dreams of the future already come as standard: television and radio programmes are distributed all over the airport grounds site using IPTV. The existing network infrastructure is used as a basis here. The operating company, Fraport AG uses the IPTV hardware and software of manufacturer Teracue for its distribution. More than 90 television and radio channels are distributed over the IPTV network at Frankfurt Airport today. Amongst others,
Indian Airport Market Assessment
RNCOS has recently added a new Market Research Report titled, “Indian Airport Market Assessment” to its report gallery. Airport infrastructure in India is witnessing improvisation and expansion on a massive scale, with the Government avidly supporting private participants. The need for airport infrastructure in India has increased considerably. In order to ramp up airport infrastructure, the government on has unveiled reforms to facilitate investment in this segment. It has been
Intimate airport checks unnecessary
Regarding the international discussion about the ethically objectionable body screening, we have repeatedly pointed out that there are technically and ethically acceptable options to detect all types of tagged and untagged explosives, including microscopic traces. The detection of PETN on people or in luggage and cargo is possible at a relatively low technical and financial cost. Green Dynamics Ltd. has set up an information blog, Kripo Info
Do's & Don'ts of Airport Travel
With holidays fast approaching and crowded airports, if we keep few things in mind, the holiday travel is smoother and easy on the airport officials. What an easy way to spread the holiday cheer!! Here is a list of do's and don'ts to ease your way through this stressful time. Things to remember o DO call the airline customer service before leaving for the airport and check flight's schedule. Sometimes the flights get delayed