openPR Logo
Press release

Aircraft Tugs Market Steady Growth to be Witnessed by 2018 to 2027 | Key Players are Kalmar Motor AB, LEKTRO Inc., JBT Corporation, etc.

07-09-2019 11:38 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Aircraft Tugs Market Steady Growth to be Witnessed by 2018 to 2027

In order to dissert the market scenario prevailing across the aircraft tugs market sector, FactMR has evenly presented a comprehensive aircraft support equipment market analysis to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the aircraft tugs market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.

Get a Free Sample Report from Here – https://www.factmr.com/connectus/sample?flag=S&rep_id=2366

Aircraft tugs with towbars have prevailed as a traditional go-to equipment for towing aircrafts. However, the aircraft tugs with towbars have been associated with limited speed, cost-intensive staff training, and time-intensive installation. Recognizing these concerns the aircraft tugs manufacturers have been joining forces for the development of advanced solution to offset operational risks and uncertainties related to towing aircrafts. This has further led the development of towbarless aircraft tugs. Collaborative development of eJP Towbarless Tug by Eagle and Tronair is a key example of such development in the recent past.

Growing GSE Investment Owing to New Schedule of IATA for ISAGO Audits

Airline continue to face a wide range of challenges, including design and productivity, apropos of the ground support equipment (GSE), which has driven the requirement for multi-pronged approaches. These approaches include improved staff training methods, emphasis on new technologies, and better safety audits. Sensing beneficial prospects of global standards associated with GSE policies and procedures, the Safety Audit for Ground Operations (ISAGO) model was introduced by the IATA in 2008. IATA has recently rescheduled the model, retaining previous goals of the auditor efficiency and training/qualification, improved ground safety, and elimination of duplicate audits. Improvements in ground safety is estimated by the IATA to save nearly US$ 4 billion every year. This has led GSE manufacturers to focus on investments associated with design & development of equipment, including aircraft tugs. Focus of the aircraft tugs manufacturers is now witnessing shift toward optimizing solutions to deliver intelligence that extends beyond the equipment’s location and status.

Electric Aircraft Tugs to Gain Rapid Momentum

Ease-of-handling and reliability of the electric aircraft tugs, a relatively newer development, is significantly higher than the gasoline-based and gas-based aircraft tugs. As a result, airlines are now focusing on the use of electric aircraft tugs, to rid routine maintenance requirements linked with the gasoline- and gas-powered variants. Improvements in the battery technology, from the low-density lead-acid batteries to high-flux lithium ion batteries with SiC films, has led the gradual inclination of the aviation industry to electric GSE. Prominent aircraft tugs market players have already launched electric aircraft tugs, such as E200 of Aero-Tow, ThunderVolt of PowerTow, and Dragger’s Nose-Dragger NDE-1. Electric aircraft tugs are expected to become the primary choice of equipment to tow aircrafts in the near future.

Self-Driving Vehicle Technology to be a Key Focus Area of Development

Self-driving vehicle technology has been witnessing robust application in the development of aircraft tugs to facilitate aircraft towing at busy aircrafts. Airline field operators and GSE equipment manufacturers have been focusing on the development of self-driving aircraft tugs, supervised by ATC controllers, ground crew, or pilots. Increased concentration on ensuring effecting and safe towing of aircraft in highly dynamic environment. Self-driving aircraft tugs are likely witness bright future prospects, with the potential for significant reduction in fuel emissions, community noise, and fuel costs, meanwhile addressing added complexity of the air terminal operations.

Strong Emphasis of Airlines on Curtailing Operational Time

Rise in airport expansion worldwide continue to favor growth of the GSE equipment industry, and aircraft tugs are no exception. The IATA estimates over 50% of the global population to prefer air travel by the end of 2036, which has led airports worldwide to focus more on efficient utilization and optimization of GSE, thereby impacting aircraft tugs development and sales. Emphasis on reduction in service time per flight that varies with greater rate of air traffic has led to fast replacement of aircraft tugs with towbars with towbarless aircraft tugs. In addition, preference is witnessing a shift from gasoline-based aircraft tugs to electric aircraft tugs for resolving bottlenecks as well as delays in processes, thereby reducing operational costs as a consequence.

Competition Landscape

FactMR’s report offers a comprehensive assessment of the aircraft tugs market’s competition landscape, and identified and profiles key aircraft tugs manufacturers. Presence of the aircraft tugs market players has been tracked and portrayed via an intensity map. A dashboard view of the aircraft tugs market players has also been offered in the report. The report offers a detailed analysis on the company overview, product overview, recent development and key financial of the aircraft tugs market players. A SWOT analysis has also been offered on each aircraft tugs market player profiled in the report. Key aircraft tugs market players profiled in the report include Textron GSE, JBT Corporation, TREPEL Aircraft Equipment GmbH, TLD Group SAS, and LEKTRO, Inc.

Key Developments of Aircraft Tugs Market Players:

Lufthansa Airlines and Fraport AG have joined forces to co-test an aircraft tug that can be remotely-operated. This e-vehicle is relatively compact compared to the other conventional aircraft tugs, can be charged and stationed in fixed parking positions. This remotely-operated aircraft tug is designed for use in the entire Boeing 737 and A320 family.
Air France has recently launched two new aircraft tugs, TPX-200-MTX. Aim of Air France behind development of these new-generation aircraft tugs is to tow larger aircrafts of the company, except A380.
Eagle and Tronair have together developed an electric aircraft tug named “eJP-10”, which is powered by the dual AC electric drive motor. This aircraft tug emphasizes the Zero Degree Technology for the industry-leading turning capability.

Have Any Question? Ask Our Industry Experts – https://www.factmr.com/connectus/sample?flag=AE&rep_id=2366

Contact Us

FactMR
11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

About FactMR

FactMR 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.

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 Aircraft Tugs Market Steady Growth to be Witnessed by 2018 to 2027 | Key Players are Kalmar Motor AB, LEKTRO Inc., JBT Corporation, etc. here

News-ID: 1799821 • Views:

More Releases from Fact.MR

Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
03-28-2024 | Sports
Fact.MR
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
The global ice skating equipment market garnered a market value of US$ 6.87 Billion in 2022 and is expected to accumulate a market value of US$ 16.26 Billion by registering a CAGR of 9% in the forecast period 2023-2033. Ice skating is a popular activity observed in numerous snow-clad regions around the world, serving various purposes including exercise, leisure, and excitement. This recreational pursuit can occur in specially prepared ice arenas
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2032
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2 …
The barcode software market is predicted to grow at a moderate CAGR of 6.3% over the forecast period of 2022 to 2032. The barcode software market is estimated to achieve a net worth of about US$ 1.4 Billion in the year 2032, improving from US$ 694.9 Million recorded in 2021. For more insights into the Market, Get A Sample of this Report! https://www.factmr.com/connectus/sample?flag=S&rep_id=7368 The barcode software market emerges as a crucial enabler of
Hardware Acceleration is forecasted to accelerate at a commendable CAGR of 51% from 2023 to 2033
Hardware Acceleration is forecasted to accelerate at a commendable CAGR of 51% f …
The global hardware acceleration market stands at US$ 2.87 billion in 2023. Worldwide demand for hardware acceleration technology is projected to skyrocket at a CAGR of 51% and reach a market value of US$ 177 billion by 2033. Hardware acceleration refers to the use of specialized hardware components to perform specific tasks more efficiently than general-purpose processors. This technology has gained significant traction across various industries due to its ability to
03-28-2024 | Food & Beverage
Fact.MR
Marine Collagen Ingredients Market value is projected to reach US$ 2,320.6 milli …
According to Fact.MR analysis, the marine collagen ingredients market is poised for steady growth in the coming years. The market's overall value is anticipated to exceed US$ 2,320.6 million by the year 2033, a significant increase from US$ 1,076.8 million recorded in 2023. Projections indicate a robust compound annual growth rate (CAGR) of 8.0% during the assessment period spanning from 2023 to 2033. Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=8704 In recent

All 5 Releases


More Releases for Air

Air Ambulance Services Market Future Growth Analysis 2026 With Global Eminent Pl …
Advancements in healthcare technology along with increasing patient inclination towards faster and efficient mode of delivery has led to rampant growth of efficient and on-the-time delivery air ambulance services market size. Air ambulance services refer to transport or evacuation facilities provided to patients in emergency situations at the accident site, home, or hospital. Air ambulances are equipped with advanced medical facilities, including devices used in emergencies, to provide immediate medical
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft. Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in