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What’s Driving the Aircraft Ground Handling System Market Share? |Key Players are Celebi, Swissport, Celebi, Sats Ltd., Bhadra International, Dnata, Air+Mak, and John Menzies plc

06-17-2019 08:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights

Aircraft Ground Handling System Market

Aircraft Ground Handling System Market

The rising trends of urbanization and modernization have led to a rise in air transportation. Aircraft ground handling system market has been gaining considerable popularity of late, pertaining to the increasing consumer spending power and a relatively fast-moving lifestyle. Favorable initiations taken by the government as well as airport authorities to provide comfort and luxurious facilities to passengers will stimulate aircraft ground handling system industry share.

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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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 ind.

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Many new aircraft companies have been introducing air vehicles to fulfil increasing need of transportation, mainly across Europe. Europe aircraft ground handling system market will generate considerable revenue over the years ahead, pertaining to the rising number of passengers inclined toward air travel and the escalating investments in the development of additional runways and advanced airports. France and Germany are the prominent revenue contributors, having collectively covered 40% of the regional share in 2016.

Aircraft ground handling system market from aircraft handling will record a substantial CAGR over the coming seven years. To comply with growing number of passengers and fleets, airport authorities are favoring the implementation and development of innovative ideas to provide better service to passengers. Aircraft handling equipment consists of tow tractors, hydraulic testing units, re-fuelers, chocks, de-icing, tow bars, anti-icing system, and jet air starter. Cargo handling is another lucrative product segment of aircraft ground handling system market, which dominated the revenue share in 2016. Surging adoption of this product will augment the aircraft ground handling system industry growth.

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3. Aircraft Ground Handling System Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2025
3.3. Industry ecosystem analysis
3.3.1. Supplier
3.3.2. Manufacturer
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.4. Technology landscape
3.5. Regulatory landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. North America
3.6.1.2. Europe
3.6.1.3. Asia Pacific
3.6.1.4. Latin America
3.6.1.5. MEA
3.6.2. Industry pitfalls & challenges
3.7. Innovation & sustainability
3.8. Growth potential analysis, 2018
3.9. Porter's analysis
3.10. Competitive landscape, 2018
3.10.1. Top players analysis, 2018
3.10.2. Strategy dashboard
3.11. PESTEL analysis

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.

To provide ideal and cost-effective handling systems for carrying perishable products, service providers and airlines have adopted improved handling techniques. Passenger handling includes baggage check-in, security screening, ticketing, special services, passenger assistance, and boarding. Passenger aircraft ground handling system industry will collect noticeable revenue by the end of 2024, owing to the rising number of passengers along with the shifting focus of consumers toward air travel. Passenger buses and towable stairs are some of the chief equipment used for handling passengers.

Contact us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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