openPR Logo
Press release

Fact.MR Study: Are Aircraft Tugs with Towbar more preferred than Towbarless Aircraft Tugs?

01-29-2021 08:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR Study: Are Aircraft Tugs with Towbar more preferred than

The aircraft tugs market continues on an impressive trajectory, with global sales estimated to increase by nearly 400 units in 2018 over 2017, according to a recently published Fact.MR study. A combination of several factors, ranging from rising procurement costs to concerns regarding ground support inefficiency, influence growth of the aircraft tugs market.

The study foresees sales of towbarless aircraft tugs to be approximately 2X greater than their conventional/towbar variants. This is mainly because leading companies have been shifting their focus to towbarless aircraft tugs, which in turn has led conventional tugs to soon approach a phase of redundancy.

Request for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S&rep_id=2366

Ambiguities in operational efficiency and hazards associated with the conventional aircraft tugs have further spurred sales of towbarless aircraft tugs. Key aircraft tugs market players are also making significant investment in remotely-controlled equipment to attain higher ROI and offset security barriers apropos of conventional fuel-based counterparts.

Aircraft Tugs with 151-260 Tons Handling Capacity to Remain Top-Seller

Sensing varied requirements of end-users, manufacturers have introduced aircraft tugs with different handling capacities ranging from up to 50 tons to more than 260 tons. Gains are expected to remain largest from the aircraft tugs with 151-260 tons handling capacity- global sales estimated at nearly 2,900 units in 2018. Aircraft tugs market growth will also be complemented by steady demand for aircraft tugs with 51-150 tons handling capacity.

Prevalence of diesel aircraft tugs continues to be the mainstay of airport operations, and Fact.MR study opines that these variants will remain sought-after in the market. In addition, electric aircraft tugs are gaining fast traction in the market. Enormous improvements in the productivity, environmental footprint, manpower, and efficiency are key factors that complement the market penetration of electric aircraft tugs. Additionally, the surge in towbar to towbarless trend has amplified the development and sales of electric aircraft tugs in the recent past.

Civil Aircrafts Account for Nearly 5 in 10 Sales of Aircraft Tugs

According to the study, nearly 5 in 10 sales of aircraft tugs are sold for application in civil aircrafts. High demand for civil aircraft operations can be attributed to proliferation in air travel abreast increasing number of airport construction projects worldwide. Sales of aircraft tugs for executive jets are also expected to hold significant shares of the market, with global sales estimated at over 1,800 units in 2018.

“With congestion at airports becoming one of the key challenging area, airports are focusing on addressing the problem through expanding their airfields. Addition of runways will further add to complexity of air terminals, penalizing efficacy of operations by burdening the already intense human workload,” says a lead analyst at Fact.MR.

For More Detailed Information about Methodology @ https://www.factmr.com/connectus/sample?flag=RM&rep_id=2366

“Increasing environmental awareness and economic pressures have recently propelled development of new operation technologies. Self-driving aircraft tugs are expected to be the key focus area of ground service equipment manufacturers in the near future, which would address added complexity of the air terminal operations, increasing efficiency and curtailing human workload,” adds the analyst.

Leading airports are joining forces for the development of remotely-operated aircraft tugs. A prime example of such partnership is the one between Lufthansa and Fraport, which has developed a remotely-controlled aircraft tug that is under co-testing at Frankfurt airport. Electromobility continues to permeate the airline industry, in the form of e-vehicles that are relatively compact than their conventional counterparts. Projects such as these will pave lucrative avenues for speedy ground handling services over the upcoming years.

Contact:

Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers, Dubai, United Arab Emirates

MARKET ACCESS DMCC Initiative

Web: https://www.factmr.com/

About Fact.MR

Fact.MR 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 Fact.MR Study: Are Aircraft Tugs with Towbar more preferred than Towbarless Aircraft Tugs? here

News-ID: 2233485 • Views:

More Releases from Fact.MR

Laparotomy Sponges Market Insights and Projections for Reaching US$ 1.6 Billion by 2027
05-16-2024 | Health & Medicine
Fact.MR
Laparotomy Sponges Market Insights and Projections for Reaching US$ 1.6 Billion …
According to the most recent industry analysis by market research and competitive intelligence company Fact.MR, the global Laparotomy Sponges Market (開腹スポンジ市場) is expected to grow at a compound annual growth rate (CAGR) of 6% between 2022 and 2027. Laparotomy sponges are exceptionally high-absorbent and meet all hygienic and medical requirements. Increased X-ray visibility and other recent improvements in laparotomy sponges are driving up market revenue. The two main factors propelling the
Milling Machines Market Is Anticipated Growth to Hit US$ 13 Billion by 2033
Milling Machines Market Is Anticipated Growth to Hit US$ 13 Billion by 2033
According to a recent industry report by Fact.MR, a market research and competitive intelligence company, the global Milling Machines Market (フライス盤市場) is anticipated to generate US$ 13 billion by 2033, growing at a 5.6% CAGR from 2023 to 2033. Rotating cutters are used by milling machines to remove material from a workpiece. Numerous materials can be bored, drilled, and cut with these equipment. A milling machine is the piece of
Fire Protection Systems Market Is Set to Reach $138 Billion by 2032 | Fact.MR
Fire Protection Systems Market Is Set to Reach $138 Billion by 2032 | Fact.MR
Fact.MR projects that during the projected period of 2022-2032, sales of Fire Protection Systems Market (防火システム市場) will surpass US$ 138 billion, with a positive compound annual growth rate of 6.3%. There have been more fire incidents as a result of growing urbanization and altered business infrastructure designs. Thus, there is a greater need for fire prevention devices in order to prevent the same. Historically, managed fire protection service sales increased at
Metallic Pigments Market Shimmering Growth Forecasted to Reach US$ 3.4 Billion by 2033
Metallic Pigments Market Shimmering Growth Forecasted to Reach US$ 3.4 Billion b …
The need for high-performance metallic paints with environmentally friendly qualities has significantly increased. They are used in a variety of industries, including as building materials, printing, coatings, and cosmetics. By the end of 2033, the global Metallic Pigments Market (メタリック顔料市場) is expected to have grown at a CAGR of 4% and be worth US$ 4.5 billion. Metallic pigments are a good choice for printing eye-catching images and ornamental labels because

All 5 Releases


More Releases for Aircraft

Global Aircraft Line Maintenance Market By Aircraft Type: Narrow Body Aircraft ( …
According to the latest research by SkyQuest Technology, the Global Aircraft Line Maintenance Market was valued at USD 18.38 billion in 2021, and it is expected to reach USD 28.53 billion by 2028, with a CAGR of 5.80% during the forecast period of 2022 - 2028. The research provides up-to-date Aircraft Line Maintenance market analysis of the current market landscape, latest trends, drivers, and overall market environment. Get full report
Aircraft Cables Market End User (Commercial Aircraft, Private Aircraft, Defense …
Aircraft cable is a type of cable, which mainly finds application in the aircraft industry. The high strength and versatile aircraft cable can also be used for various pushing and pulling applications that includes sheaves, pulleys, and winches among others. The size of the aircraft cable is between 0.047 inches to 0.375 inches, and constructed in various strand namely 1X7 strand, 1X19 strand, 7X7 strand, and 7X19 strand. Get Sample
Commercial Avionics Systems Market Aircraft Type (Narrow-body aircraft, Wide-bod …
Commercial Avionics Systems Market Report, published by Allied Market Research, states that the commercial avionics systems market was valued at $16 billion in 2014 and is projected to reach $26 billion by 2022, growing at a CAGR of 7.1% from 2016 to 2022. Surge in the number of aircraft deliveries, increasing demand for real-time data, economic growth in emerging countries, and increasing demand for in-flight entertainment (IFE) services are expected to
Aircraft Glareshield Lighting Market Aircraft Type (Narrow Body Aircraft, Wide B …
Aircraft Glareshield Lighting Market Outlook - 2027 Glareshield lighting is used for designing the inner aircraft cabin. The goal of aircraft glareshield lighting in an aircraft is to make the instruments and controls easy to read, while preserving the pilot’s night vision. Significant number of aircraft deliveries is expected to be a main factor boosting the growth of the global aircraft glareshield lighting market during the forecast period. Furthermore, the replacement of
Light Aircraft Market Is Booming| Diamond Aircraft, Piper Aircraft, TECNAM
A latest survey on Global Light Aircraft Market is conducted covering various organizations of the industry from different geographies to come up with 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in Light Aircraft market. The report bridges the historical data from
Global Light Aircraft Market Report 2019 Companies included Cirrus Aircraft, Ele …
We have recently published 7th edition of market research report on Light Aircraft. For inquiry email us at: sales@marketreportscompany.com Report includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast till 2026 in terms of volume, revenue, YOY growth rate, and CAGR. The report also provides detailed segmentation on the basis of product type, applications and regional segmentation. The regional segment