The Air Cargo Unit Load Device Market to experience an impressive growth to reach US$ 382.3 million in 2022

Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Air Cargo Unit Load Device Market, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Air Cargo Unit Load Device Market.
The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2017-2022.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?
These questions and many more, big and small, are all discussed in the report in great detail.

Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/177/air-cargo-unit-load-device-market.html

The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.
Dissection by Segments
Device Type Pallets & Containers
Product Type LD3, LD6 etc.
Deck Type Lower & main deck
Sales Type ULD manufacturing & ULD repairing
Material Type Composites, metal & Other materials based ULD
by Region North America, Europe, Asia-Pacific, and RoW

The Growth Prognosis & its Drivers
The global air cargo ULD market was valued at US$ 279.4 million in 2016 and is likely to grow at a healthy CAGR of 5.4% over the next five years to reach US$ 382.3 million in 2022. Growing cargo traffic (freight tonne kilometers) owing to accelerating urbanization and increasing disposable income, increasing deliveries of commercial aircraft, increasing demand for lightweight ULD, large ULD fleet size, and an advancement in the technology are some of the major growth drivers of the market. Cargo is an essential part of the airline business today. It contributed roughly 9% of the airlines' revenue which is more than twice the revenues from the first-class segment. The biggest benefit of air cargo ULD is that it allows bundling a large quantity of cargo into a single unit. This helps to minimize the airlines’ operational cost by saving the ground crew time and efforts.

The Hegemony of VRR Aviation.
The key air cargo ULD manufacturers are Zodiac Aerospace, Cargo Composites, Nordisk Aviation Products, VRR Aviation, and Satco Inc. Lightweight containers, a partnership with ULD management companies, and regional expansion are the key strategies adopted by the key players to gain a competitive edge in the market.

Table Of Contents: https://www.stratviewresearch.com/toc/177/air-cargo-unit-load-device-market.html

Emerging Trends: Increasing the share of wide-body aircraft
Based on the aircraft type, wide-body aircraft is expected to remain the largest segment of air cargo ULD market during the forecast period. The high number of ULDs per aircraft, increasing the share of wide-body aircraft, and increasing demand for wide-body aircraft by cargo airlines are some of the major growth drivers of the segment. Wide-body aircraft is also expected to experience the highest growth during the same period.

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