Aircraft Catering Vehicle Market 2018 to 2028 Likely to Experience a Tremendous Growth in Near Future 2018 to 2028

The aviation industry has always been under the scanner of regulating authorities and is required to adhere to various guidelines issued by them. Several regulations existing with regards to aircraft ground support equipment are the key factors driving the growth of the aircraft catering vehicle market. Growth in air passenger traffic across the globe is also one of the major factors propelling the demand for aircraft catering vehicles, which in turn, is expected to contribute to the global aircraft catering vehicle market in the coming years.

However, one of the challenges restraining the growth of aircraft catering vehicles is the lack of trained professionals to operate specific aircraft ground support equipment. This can indirectly result into safety hazards as well as low production output.

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Strict hygiene and safety demanded by the aviation industry is increasing the demand for aircraft catering vehicles for the efficient transportation of catering equipment and food supplies to and from the aircraft. This particular factor, in turn, is expected to drive the aircraft catering vehicle market’s growth across the globe during the forecast period.

Aircraft Catering Vehicle Market: Dynamics

The aviation industry has always been under the scanner of regulating authorities and is required to adhere to various guidelines issued by them. Several regulations existing with regards to aircraft ground support equipment are the key factors driving the growth of the aircraft catering vehicle market.

Growth in air passenger traffic across the globe is also one of the major factors propelling the demand for aircraft catering vehicles, which in turn, is expected to contribute to the global aircraft catering vehicle market in the coming years.

However, one of the challenges restraining the growth of aircraft catering vehicles is the lack of trained professionals to operate specific aircraft ground support equipment. This can indirectly result into safety hazards as well as low production output.

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The ongoing developments in the aviation industry and upcoming projects for new as well as existing airports are expected to create significant opportunities for the growth of the aircraft catering vehicle manufacturers in the coming years.

The ongoing trend gaining momentum in the aircraft catering vehicle market is shifting preference of airline companies and airport authorities towards renting of ground support equipment to minimize their maintenance and inventory costs.

Aircraft Catering Vehicle Market Segmentation

The global aircraft catering vehicle market can be segmented by platform height and payload capacity.

On the basis of platform height, the global aircraft catering vehicles market can be segmented into:

Less than 4 m
4 to 6 m
More than 6 m
On the basis of payload capacity, the global aircraft catering vehicle market can be segmented into:

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Low capacity (Less than 2000 kg)
Medium capacity (2000 kg to 4000 kg)
High capacity (More than 4000 Kg)
Aircraft Catering Vehicle Market: Regional Outlook

Owing to increasing number of airports and modernization of the existing ones, the global market for aircraft catering vehicles is expected to witness significant growth in the coming years. The demand for aircraft catering vehicles in North America is expected to be lucrative due to the presence of a large number of airports in the region. More than 2000 airports are operating in the U.S. itself.

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Growing air passenger traffic in Mexico, Argentina and other countries of Latin America is expected to fuel the demand for aircraft catering vehicles in the region during the coming years. Large airports with strict safety norms governing hygiene in countries, such as Germany, U.K. and France, are anticipated to fuel the demand for aircraft catering vehicles in Europe.

The Asia Pacific region is also expected to witness robust growth in the aviation industry owing to increasing tourism and trade as well as several government initiatives supporting manufacturing the region. This, in turn, is estimated to significantly contribute to the aircraft catering vehicle market in the coming years.

Aircraft Catering Vehicle Market: Key Participants

Examples of some of the market participants operating across the value chain of the global aircraft catering vehicle market are:

Cartoo GSE
Mallaghan GSE
Smith Transportation Equipment
Global Ground Support, LLC
Shenzhen Techking Industry Co. Ltd
Jiangsu tianyi Airport special equipment Co., Ltd
EAGLE INDUSTRIES DWC-LLC.
Doll Fahrzeugbau Gmbh
Nandan GSE Pvt. Ltd.
Miles Makina Sanayi ve Ticaret A.S

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