openPR Logo
Press release

Global Aircraft Tugs Market Expected to Deliver Dynamic Progression until 2027 | Key Players - Textron GSE, JBT Corporation, TREPEL Aircraft Equipment GmbH, TLD Group SAS, LEKTRO

02-07-2019 12:01 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Aircraft Tugs Market Expected to Deliver Dynamic

The aircraft tugs market continues on an impressive trajectory, with global sales estimated to increase by nearly 400 units in 2018 over 2017, according to a recently published Fact.MR study. A combination of several factors, ranging from rising procurement costs to concerns regarding ground support inefficiency, influence growth of the aircraft tugs market.

Request a PDF sample of the report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=2366

The study foresees sales of towbarless aircraft tugs to be approximately 2X greater than their conventional/towbar variants. This is mainly because leading companies have been shifting their focus to towbarless aircraft tugs, which in turn has led conventional tugs to soon approach a phase of redundancy.

Ambiguities in operational efficiency and hazards associated with the conventional aircraft tugs have further spurred sales of towbarless aircraft tugs. Key aircraft tugs market players are also making significant investment in remotely-controlled equipment to attain higher ROI and offset security barriers apropos of conventional fuel-based counterparts.

Aircraft Tugs with 151-260 Tons Handling Capacity to Remain Top-Seller

Sensing varied requirements of end-users, manufacturers have introduced aircraft tugs with different handling capacities ranging from up to 50 tons to more than 260 tons. Gains are expected to remain largest from the aircraft tugs with 151-260 tons handling capacity- global sales estimated at nearly 2,900 units in 2018. Aircraft tugs market growth will also be complemented by steady demand for aircraft tugs with 51-150 tons handling capacity.

Prevalence of diesel aircraft tugs continues to be the mainstay of airport operations, and Fact.MR study opines that these variants will remain sought-after in the market. In addition, electric aircraft tugs are gaining fast traction in the market. Enormous improvements in the productivity, environmental footprint, manpower, and efficiency are key factors that complement the market penetration of electric aircraft tugs. Additionally, the surge in towbar to towbarless trend has amplified the development and sales of electric aircraft tugs in the recent past.

Access the full research study @ https://www.factmr.com/report/2366/aircraft-tugs-market

Civil Aircrafts Account for Nearly 5 in 10 Sales of Aircraft Tugs

According to the study, nearly 5 in 10 sales of aircraft tugs are sold for application in civil aircrafts. High demand for civil aircraft operations can be attributed to proliferation in air travel abreast increasing number of airport construction projects worldwide. Sales of aircraft tugs for executive jets are also expected to hold significant shares of the market, with global sales estimated at over 1,800 units in 2018.

“With congestion at airports becoming one of the key challenging area, airports are focusing on addressing the problem through expanding their airfields. Addition of runways will further add to complexity of air terminals, penalizing efficacy of operations by burdening the already intense human workload,” says a lead analyst at Fact.MR.

“Increasing environmental awareness and economic pressures have recently propelled development of new operation technologies. Self-driving aircraft tugs are expected to be the key focus area of ground service equipment manufacturers in the near future, which would address added complexity of the air terminal operations, increasing efficiency and curtailing human workload,” adds the analyst.

Leading airports are joining forces for the development of remotely-operated aircraft tugs. A prime example of such partnership is the one between Lufthansa and Fraport, which has developed a remotely-controlled aircraft tug that is under co-testing at Frankfurt airport. Electromobility continues to permeate the airline industry, in the form of e-vehicles that are relatively compact than their conventional counterparts. Projects such as these will pave lucrative avenues for speedy ground handling services over the upcoming years.

Fact.MR’s report offers a comprehensive analysis and forecast on the aircraft tugs market for the period between 2018 and 2027. The report foresees the aircraft tugs market to record an impressive CAGR of over 6% through 2027.

Make an inquiry for purchasing this report @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=2366

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research 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            
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.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 Aircraft Tugs Market Expected to Deliver Dynamic Progression until 2027 | Key Players - Textron GSE, JBT Corporation, TREPEL Aircraft Equipment GmbH, TLD Group SAS, LEKTRO here

News-ID: 1568721 • Views: 415

More Releases from Fact.MR

11-09-2020 | Health & Medicine
Fact.MR
PCR and Real-time PCR Molecular Diagnostics Market to Surpass US$ 6 Bn by 2030, …
As per data from the World Health Organization, millions of deaths can be attributed to diseases such as cancer and HIV each year. Further, the recent outbreak of the COVID-19 virus has also created massive demand for effective diagnostics processes. The PCR and real-time PCR molecular diagnostics market has been gaining traction in recent years on the back of investments by PCR diagnostic test manufacturers towards the incorporation of molecular
10-05-2020 | Health & Medicine
Fact.MR
Biobanking Market to Soar to US$ 3.5 Bn by 2027, Notes Fact.MR
Biobanks are a type of repository which is used in the storage of biological samples, including human and animal tissues, which primarily find use in research applications. Consequently, the process of biobanking has become a very important part of medical research and has played a major role in modern science fields such as personalized medications, and genomics. The global biobanking market is expected to grow at a healthy CAGR of ~
Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel

All 5 Releases


More Releases for Aircraft

Connected Aircraft
Connected Aircraft Market 2020-2027 research report is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges opportunity with key company profiles, and strategies of players. The Connected Aircraft Market report also provides the market impact and new opportunities created due to the COVID19 catastrophe. Get the Free Access to the Sample Report of Connected Aircraft market is available at https://inforgrowth.com/sample-request/6327290/connected-aircraft-market Connected Aircraft Market report 2020-2027, discusses
Fixed Wing Turbine Aircraft Market | ATR Aircraft, Bombardier, Embraer, Boeing, …
A recent report published by QMI on fixed wing turbine aircraft market is a detailed assessment of the most important market dynamics. After carrying out thorough research of fixed wing turbine aircraft market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for fixed wing turbine aircraft during the forecast period. It can
Light Aircraft Market Is Booming| Diamond Aircraft, Piper Aircraft, TECNAM
A latest survey on Global Light Aircraft Market is conducted covering various organizations of the industry from different geographies to come up with 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in Light Aircraft market. The report bridges the historical data from
Global Aircraft Battery Market
Global Aircraft Battery Market – Industry Analysis and Forecast (2018-2026) – by Type, Application, Aircraft Type, and Region. Global Aircraft Battery Market was valued at US$ 478.21Mn in 2017 and is expected to reach US$ 900.32Mn by 2026, at a CAGR of 8.23% during a forecast period. A battery is a device containing one or more cells that convert chemical energy directly into electrical energy. Major driving factors of the Aircraft Battery
Aircraft Tyres Market key players Bridgestone Corporation, Dunlop Aircraft Tyres
Aircraft tyres are one of the most highly engineered products having significant complexity which require large number of raw materials pertaining to steel, cord fabric, artificial and natural rubber and other chemicals. Aircraft tyres have cords which serve as the reinforcing materials in the tyre that provide dimensional stability, supporting the aircraft weight, as well as keeping the tyres in shape different road conditions. Aircraft tyres play a vital role
Global Light Aircraft Market 2017 - Cirrus Aircraft, E-Go Aeroplanes, ICON Aircr …
A light aircraft is an aircraft that has a maximum gross takeoff weight of 12,500 lb (5,670 kg) or less. The many uses of light aircraft include aerial surveying, such as monitoring pipelines. They are also used for light cargo operations, such as "feeding" cargo hubs, as well as some passenger operations. Light aircraft are also used for marketing purposes, such as banner towing and skywriting. Primary flight instruction is