Air Cargo Unit Load Device (ULD) Market estimated to reach US$ 427.5 million in the forecast period (2019-2024)

The report on the Air Cargo Unit Load Device (ULD) Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2019-2024. The report also offer insights into different market segments and other factors affecting the market.

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Air Cargo Unit Load Device (ULD) Market is expected to reach US$ 427.5 million by the forecast period (2019 – 2024).

As per the report, the market is segmented by:
●by Device Type (Containers, and Pallets) – Container is expected to remain the largest device type segment.
●by Product Type (LD3, LD6, and Others) – LD3 is the most widely preferred ULD type segment.
●by Deck Type (Lower Deck and Main Deck) –Llower deck is projected to remain the largest segment of the market.
●by Sales Type (ULD Manufacturing and ULD Repair)
●by Material Type (Composites-based ULD, Metals-based ULD, and Fabrics) – composites-based air cargo ULD is likely to experience the highest growth.
●by Aircraft Type (Narrow-Body Aircraft, Wide¬¬–Body Aircraft, and Others) – Wide-body aircraft will remain the largest segment of market
●by Application Type (Passenger Aircraft and Freighter Aircraft)
●and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

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

Highlights of the Report:
The air cargo ULD market is segmented based on device type as containers and pallets. The container is expected to remain the larger device type in the air cargo ULD market during the forecast period. High preference over pallets, a safer device to transport cargo, and easy to load and unload are major growth drivers of the containers segment. Pallet is also likely to witness a healthy growth rate in years to come.

The air cargo ULD market is also segmented based on the product type as LD3, LD6, LD11, M1, PMC, PAG, and Others. There are several types of ULDs used on passenger, cargo, and military aircraft. The selection of ULD is dependent on the type of aircraft, nature of goods, airline requirements, and the combination of the unit load device (ULDs). LD3 is the most widely preferred ULD type on both passengers as well as cargo aircraft and is highly compatible with Boeing and Airbus wide-body aircraft, such as B747, B767, B777, B787, A330, A350XWB, and A380. LD3 can also be interchangeably used by replacing another container type.

Based on the deck type, the air cargo ULD market is segmented into lower deck and main deck. Lower deck is projected to remain the larger segment of the air cargo ULD market during the forecast period, driven by the usage in both passenger and freighter aircraft. Passenger aircraft uses mainly its lower hold for ULDs, whereas freighter aircraft uses both main deck and lower hold for ULDs.

Based on the material type, the market is broken down into composite ULDs, metal ULDs, and other ULDs. Composite-based air cargo ULD is likely to experience the highest growth during the forecast period. The increasing demand for lightweight containers to increase fuel efficiency is the major driver of the segment. High durability and increased life of containers are the other major drivers of the segment. Composite-based containers are about 20% to 40% lighter than that of aluminum-based similar-sized containers.

Based on the aircraft type, the air cargo ULD market is bifurcated into narrow-body aircraft, wide-body aircraft, Very Large Body Aircraft, and Military Aircraft. Wide-body aircraft is expected to remain the largest demand generator of cargo ULDs 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. The aircraft type is also expected to experience the highest growth for the same period.

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Key Players of the Market
The key air cargo ULD manufacturers are Safran Cabin (Zodiac AirCargo Equipment), Nordisk Aviation Products, VRR Aviation, DokaSch GmbH, and Satco Inc.

Features of the Report
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

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This release was published on openPR.