By 2024, Aircraft Ground Handling System Market to hit $185 Bn | Swissport : dnata : CargoTec : SATS Ltd.

Aircraft Ground Handling System Market for 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.

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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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.

Airlines and service providers have developed effective handling techniques for perishable products and provide shippers with cost-effective and optimum packaging methods. Passenger handling includes various services including ticketing, baggage check-in, boarding, passenger assistance, security screening, and special services. Passenger handling equipment includes towable stairs, passenger buses, etc.

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.

The ground support equipment industry faces constant threat of collisions with aircraft, causing huge losses. Thus, manufacturers use innovative technologies, such as Aircraft Proximity Detector (APD), for avoiding these collisions and ensuring efficient operations.

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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Napa Auto Parts, Denso Corporation, Amazon, E-bay, Auto Zone, and Advance Auto Parts are among the prominent participants in e-commerce automotive aftermarket. Partnerships and collaborations with online aftermarket players are among the strategies adopted by the industry players to enhance their visibility. For instance, in 2016, Hella Group collaborated with online auto-parts supplier, iParts.pl in order to expand its product line.

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