Aircraft Cargo Container Market Latest Trends and business outlook 2020 to 2025

Aircraft cargo container is a loading device used to load luggage and goods in the aircraft. It allows easy and secure cargo transportation by allowing large amount of goods bundled and kept into a single container. Cargo container ensures safety of goods or luggage by protecting it from fall or shocks during loading or unloading. It also helps in saving time and effort of the ground crew and prevent flight delays. Many manufacturer offers cargo containers with various features such as drainage floors, forklift pockets, shelves, drawers and compartment to improve ease of transportation. There are mainly three types of cargo containers including air cargo pallets, lower deck containers and box type containers. Air cargo pallets are flat structures that are used in cargo container ships for supporting goods. The lower deck containers are installed below the cabin of the ships and the box type containers are used for general transportation.

The market for aircraft cargo containers is expected to reach rise at a CAGR of 3.9 percent during the forecast period. Rising demand of cargo containers from commercial airlines is expected to drive the growth of aircraft cargo containers market during the forecast period.

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AIRCRAFT CARGO CONTAINERS MARKET SEGMENTATION:

By Aircraft Type

Passenger
Freighter
Military

By Container Type:

Refrigerated
Non-Refrigerated

By Material:

Metal
Composite

By Deck:

Main
Lower
Forward Hold
Aft Hold

By End-User:

New Sales
Maintenance & Repair

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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REGIONAL INSIGHT:

Asia Pacific is expected to dominate the market during the forecast period. This is due to the presence of developing economies such as China, India and Japan. Also, the increasing demand of refrigerated aircraft cargo containers to transport fruits, medicines and vegetables fuels the growth of the market in this region. North America is also expected to grow rapidly owing to high rate of import and presence of various aircraft industries in the region.

However, the aircraft cargo container market in Europe is projected to grow rapidly during the forecast period. This is attributed to the factors such as increasing e-commerce sector and consumer electronics industry. China, U.S, Germany and U.K are the major consumers of cargo containers.

FEW KEY PLAYERS IN AIRCRAFT CARGO CONTAINER MARKET:

Nordisk Aviation Products (Norway)
Zodiac Aerospace (France)
VRR Aviation (Netherlands)
Satco, Inc. (U.S.)
Cargo Composites (U.S.)
Granger Aerospace (U.S.)
Chicago Metal Fabricators (U.S.)
PalNet GmnH Air Cargo Products (Germany),
ACL Airshop (U.S.)
 DoKaSch Temperature Solutions GmbH (Germany)

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This release was published on openPR.