openPR Logo
Press release

Airport Catering Trucks Market Trends, Revenue Share & Opportunity Status Analyzed during 2018-2028 | Key Players are DOLL Fahrzeugbau GmbH, Eagle Industries DWC-LLC, etc.

07-11-2019 10:44 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Airport Catering Trucks Market Trends, Revenue Share &

In order to study the various trends and patterns prevailing in the concerned market, FactMR has included the latest Forecast report on airport catering trucks market to its vast database. This study offers data about the prime regions operating in the Airport Catering Trucks Market, along with their production, consumption, revenue and market share details. FactMR has recently compiled several aspects associated with airport catering trucks, according to which the global market is projected to expand at a 5.7% CAGR in terms of value during the period of forecast, 2018-2028.

Request for a Free Sample Report of Concerned Market - https://www.factmr.com/connectus/sample?flag=RC&rep_id=800

According to International Monetary Fund (IMF), the global economy has maintained momentum. Economic activities in both emerging and developed economies accelerated in 2017 by a 4.6 percent and 2 percent respectively increase over 2016. 2018 is expecting a 1.9 percent increase in growth of developed economies and a 4.8 percent increase for emerging economies. This has remarkably influenced the aviation industry, which reflected a resilient nature since the aftermath of the global financial crisis. Post 9/11, the aviation industry coped up that announced the possibility of huge potential growth which created many opportunities with respect to development of airport infrastructure. This in turn resulted in increasing business opportunities for airport ground support equipment and services, airport catering trucks being a subset of these. Largely pushed by industry consolidation in developed economies of Europe and the United States, airport catering trucks witnessed a burgeoning demand from the developing nations.

Air travel continues to gain high momentum with growing number of people opting for air travel mode, either for leisure activities or business travel, albeit higher costs associated with air travel. According to IATA (International Air Transport Association), based on a 3.6 percent year-on-year growth, more than 7 billion passengers are expected to adopt air travel by 2036. This has influenced aircraft manufacturers to enhance their production capacities to cater to this anticipated growing demand for air travel. With increasing number of aircrafts, consumption of food products is expected to showcase a cumulative growth, in turn mushrooming the demand for airport catering services and ground support, such as airport catering trucks.

In addition, increasing popularity of sports ha also augmented the adoption of air travel. So to say, Japan is expected to showcase a significant opportunity from an investment standpoint, as the country is looking forward to enhance its airport infrastructure for 2020 Olympics and hopes to attract around 40 million tourists. International Air Transport Association anticipates that the country will attract more than 60 million overseas visitors by 2030 with a probable tourism receipts to exceed US$ 130 billion. Growing development of infrastructure in the country is expected to auger well for airport catering trucks during the period of forecast.

With increasing demand for air travel, governments of various countries are investing in developing aviation infrastructure to build new air ports. In United States alone, there are more than 14,000 airports, which has become the biggest market for airport catering. Emerging economies are also contributing to the worldwide airport count, with China leading in number followed by India as government plans to initiate airport development projects in these countries.

Considering the increasing air traffic and development of airports worldwide, it becomes imperative for airport management to provide consumer services, which includes availability of food products. Catering services are focusing on providing hygienic and refrigerated food with superior quality – a customer’s basic requirement. This has pushed the use of superior airport catering services for on-board passengers and travelers flying via long haul flights which consecutively is expected to fuel the demand for airport catering trucks during the period of forecast.  

Have Any Question? Ask Our Industry Experts – https://www.factmr.com/connectus/sample?flag=AE&rep_id=800

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 Airport Catering Trucks Market Trends, Revenue Share & Opportunity Status Analyzed during 2018-2028 | Key Players are DOLL Fahrzeugbau GmbH, Eagle Industries DWC-LLC, etc. here

News-ID: 1801736 • Views: 159

More Releases from Fact.MR

03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
Plastic Tray Market Showcases Future Status of Prime Manufacturers Across Major …
The new report on the global plastic tray market gives estimations of the size of the international market and the overall size and share of key regional segments during the historical assessment period of 2013 - 2017. The overall outlook for the Plastic Tray Market is likely to remain sluggish, with the plastic tray market expected to reach CAGR of 3.6% in terms of revenue during 2018-2027. The business knowledge
MRI-guided Radiation Therapy Systems Market Leading Manufacturers Expected to Mo …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global MRI-guided radiation therapy systems market as well as the factors responsible for such a growth. Our highly dedicated professionals have provided critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. Access Research Methodology Prepared By Experts - https://www.factmr.com/connectus/sample?flag=RM&rep_id=2572 We leverage space-age industrial and digitalization tools
Marine Seats Market Growing Demand to Impact Revenue Share during 2018 2028
The new report on the marine seats market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2013 - 2017. According to the report, the marine seats market is projected to grow at 4.6% CAGR through 2028. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of

All 5 Releases


More Releases for Air

Climacool Air Conditioning
Climacool Air Conditioning sells, installs, repairs and services air conditioning units in Sydney. The team of air conditioning professionals work in both domestic and commercial estates to ensure that you receive the quality and outstanding service that you deserve. Climacool Air Conditioning sells, installs, repairs and services air conditioning units in Sydney. The team of air conditioning professionals work in both domestic and commercial estates to ensure that you receive the
Air Suspension Systems Market
Air suspension systems are extensively used in heavy duty vehicles where they utilize pressure from compressed air for the vehicle’s braking system. As a result, the global air suspension systems market is expected to witness significant growth in 2018, reaching a market value of US$ 4,613.3 Mn at a Y-o-Y growth rate of 6.0% as compared to 2017. Furthermore, the global demand for air suspension systems will also be influenced
Air Defense System Market,
The air defense system are coming up with for mission, coordination of units whereas playacting combat missions, inserting intelligence statistics on the map and investigation of errors by retrieving the history module. The combat management system delivers associate degree accessible, services-based framework. Moreover, this technique conjointly directs correct and fast-reacting fusion, analysis and transmission of nice amounts of detector knowledge to ensure the economical readying of ships and different resources
Nuclear Air Filtration Market
In this report, the Asia-Pacific Nuclear Air Filtration market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Nuclear Air Filtration for these regions, from 2012 to
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Systematically pure air
Amazone has integrated energy-saving torch welding extraction into the production Metal-processing companies can directly include the planning of ventilation systems when building a new hall. But what kind of extraction and filter technology can be successfully integrated into the existing production, which individually protects employees against emissions and is extremely energy-saving? This is the question that Hilmar Heitmann, project engineer at Amazone at the main production facility in Hasbergen-Gaste (close