Aircraft Towbars Market Sales Surge as Investments Strengthen from Leading Manufacturers, Reports FactMR Study | Key Players are Tronair, Brackett Aircraft Company Inc., K&M Airporttechnik, etc.

The purpose of this comprehensive forecast report presented by FactMR is to elaborate the various market projections impacting the global aircraft towbars market size during the period through 2018-2028. This assessment delivers high-end statistics concerning market size, growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about market growth trends along with upcoming opportunities that are expected to reshape the overall structure of the aircraft towbars market during the forecast period.

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Substantial efforts have been taken by gasoline-powered aircraft towbar makers for enhancing its reliability and ease-of-handling. However, these are deemed inefficient in offsetting the reliability of the relatively newer concept - electric aircraft towbars. Preference of airlines is currently witnessing a paradigm shift toward battery-powered electric aircraft towbars, to eliminate the routine maintenance requirements associated with their gasoline counterparts. With improvements in battery technologies, from low-density lead-acid to high energy lithium-ion with SiC films, the aviation industry is gradually leaning toward electric ground support equipment, thereby impacting adoption and production of electric aircraft towbar as a consequence. Key manufacturers in the aircraft towbar market have already introduced their electric towbar products, and some of the prime example include Lil Sherman and E200 (Aero-Tow), Nose-Dragger NDE-1 (Dragger), and ThunderVolt (PowerTow). These electric-based developments in aircraft towbars have further led end-users to shift their preferences toward these variants. As a result of these trends, electric towbars are expected to observe a 2X growth in sales than their gasoline-powered counterparts in the foreseeable future.

IATA’s New Schedule for ISAGO Audits Likely to Boost Investments in GSE

Prevailing range of challenges, from productivity to design, faced by airlines with regard to ground support equipment (GSE), have recently led to a rise in requirement for multi-faceted approaches that include better safety audits, new technologies and improved staff training methods. Recognizing possible benefits linked with global standard for GSE policies & procedures, IATA introduced its Safety Audit for Ground Operations (ISAGO) model in 2008. The organization has recently made a new schedule for the model, while retaining its previous goals of auditor training/qualification and efficiency, elimination of duplicate audits, and improved ground safety. IATA estimates that making improvements in ground safety and curtailing damages to aircraft, will eventually save US$ 4 billion annually, which in turn has led GSE manufacturers, including aircraft towbar makers, to make huge investments in equipment design and development. Additionally, the focus of aircraft GSE manufacturers is shifting toward optimization solutions that offer intelligence that extend beyond location & status of the equipment, which in turn is expected to favor development, and thereby growth of aircraft towbar market in the near future.

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FactMR’s report on the aircraft towbar market offers holistic intelligence on demand and supply trends of aircraft towbar worldwide, along with an in-depth assessment on the aircraft towbar market’s competitive landscape. Comprehensive data on prominent as well as emerging aircraft towbar manufacturers has been offered, along with analysis on their company overview, product overview, key financials and key developments. Key aircraft towbar market players profiled in the report include Tronair, Brackett Aircraft Company Inc., K&M Airporttechnik, Techman-Head Group, and others.

Some of the key developments made by leading players in aircraft towbar market include:

The HT-60A Towbar by AERO SPECIALTIES, which is a lightweight aluminum-based model designed for continuous ramp use. The HT-60A can be disassembled into two parts for easy transportation, while the pneumatic wheels mounted rid the hassle of moving to and from aircrafts.
ATA-9 by Tronair, which come in diverse range including custom, narrow & wide-body, snap-back, portable and multi-head. These models are made available for single-engine, light aircrafts. Resilience and dependability are key attributes of these models that Tronair claims to be incontestable.
The Aircraft Owners and Pilots Association (AOPA) defines aircraft towbar as a GSE that hooks or clamps onto nosewheel of tricycle-gear airplane. While for airplanes with steerable nosewheel, aircraft towbar can be clamped onto the nosewheel strut. Aircraft towbar is majorly categorized into multi-head aircraft towbar and universal aircraft towbar, while the driving mechanism of aircraft towbar is classified into conventional and electric variants.

About the Report

FactMR’s report on the aircraft towbar market is an all-inclusive compilation of valuable & actionable insights. A detailed assessment on the aircraft towbar market has been delivered in the report, which include analysis on key dynamics including drivers, trends, opportunities and restraints, affecting current and future growth of the aircraft towbar market. Primary objective of the report is to offer its readers with authentic intelligence on aircraft towbar market that aids them in aggregating and slating possible strategies based on the holistic insights offered on aircraft towbar market. This further aids the report readers in aligning well with changing dynamics of the aircraft towbar market.

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