Aircraft Ground Handling System Market 2019 By Regional Industry Manufacturers - dnata, CargoTec, SATS Ltd., Swissport
Airport authorities across APAC are increasingly implementing innovative technologies in aircraft systems to provide efficient services to the passengers. Asia Pacific aircraft ground handling system market covered more than 25% of the regional share in 2016 and will generate notable revenue with a considerable annual growth rate over the period of 2017 to 2024. It has been observed that of late, the APAC population has been giving preference to the air transit, owing to the growing urbanization and rise in population. In addition to this, government and airport authorities are looking forward to expanding airports and are also investing heavily in airport infrastructural development, which will boost aircraft ground handling system industry size.
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Passenger handling is anticipated to witness significant growth over the forecast timeframe owing to increased passenger traffic coupled with the prominence of air travel. Cargo management is expected to account for the highest aircraft ground handling system market share owing to the increasing demand for quick material transportation.
North America is a lucrative avenue that fuels the demand for all kinds of handling equipment such as cargo, passenger, and aircraft on a large scale. North America aircraft ground handling system market is slated to dominate the global landscape over the years ahead, primarily driven by the technical improvements to enhance operational efficiency.
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
5. Cavotec SA
8. JBT AeroTech
9. John Menzies
12. SATS Ltd.
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Europe aircraft ground handling system industry is projected to experience an accelerating growth over the coming seven years, subject to an increase in the number of new aircrafts resulting in the allocation of more budgets for constructing high-grade airports & runways. France and Germany, which jointly accounted for nearly 40% of Europe aircraft ground handling system industry share in 2016, are expected to significantly influence the business space.
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.
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Most of the industry giants are investing heavily to bring about technological enhancements in the handling system to avoid aircraft collisions with ground handling equipment. The emergence of IoT and the implementation of proximity sensors in the system will help to improve the handling facility and avoid collisions. The noteworthy players in aircraft ground handling system market are John Menzies, Air+MAK, Swissport, Dnata, Celebi Aviation, SATS Ltd., PrimeFlight, Bhadra International, JBT AeroTech, Cavotec SA, and CargoTec.
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