Aircraft Ground Handling System Market Will Grow at a Healthy CAGR by 2025 Profiling CargoTec, Celebi, Dnata, JBT AeroTech, SATS Ltd., Swissport

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 initiatives 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.

Key Players Operated in Aircraft Ground Handling System Market: -
Bhadra International, CargoTec, Dnata, John Menzies plc, Air+Mak, Cavotec SA, Celebi, JBT AeroTech, PrimeFlight, RampSnake, Sats Ltd., Swissport

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Adoption of highly technological advancements such as cloud computing and Internet of Things (IoT) in ground handling systems will assist airport operators to provide faster, reliable and advanced services. For instance, the use of IoT to track the location of passenger baggage has led to the introduction of smart baggage tags, helping both the passenger as well as airport staff.

Moreover, it provides adequate information regarding the arrival of baggage post-flight landing saving time and eliminating chances of loss of baggage, representing an emergent trend in aircraft ground handling system market. Cloud computing technology assists ground operators to combine the entire data of airports on a single platform network in order to ensure operational accuracy.

In terms of application, aircraft ground handling system market is segmented into passenger handling, cargo handling, and aircraft handling. Cargo handling is one of the lucrative application segments of aircraft ground handling system applications. According to reports, in 2017 air cargo industry accounted for 35% of the total global trade value.

Cargo ground handling requires several different equipment such as caster bed, containers, lift trucks and pallet trailers. Robust e-commerce industry is furthermore supporting cargo operations. The growing adoption by people of shopping online owing to its convenience and relatively lower prices is propelling the need for robust cargo delivery services across the globe.

Moreover, increasing pharmaceutical cargo activities requiring fast and reliable delivery of medicines and temperature-sensitive products like vaccines will support the market growth. Pharmaceutical sector spent over USD 13.4 billion on temperature-controlled cargo in the year 2017.

North America ground handling system market is expected to emerge as profitable revenue pocket over the forecasted timeframe. Constant infrastructural activities in the U.S. to meet the burgeoning air cargo demand and passenger traffic will support the aircraft ground handling system market outlook.

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For instance, Pittsburgh International Airport received approval from the government to invest USD 1.1 billion towards infrastructural development in February 2019. The development will focus on accommodating higher passenger traffic and ensure on-time departure. The construction is estimated to be completed by 2023.

The growing air traffic in the region along with the need to enhance the customer experience by way of ensuring timely delivery of baggage to the passenger, on-time departure and arrival and providing utmost operational efficiency will boost U.S. aircraft ground handling system market forecast.

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