Aircraft Ground Handling System Market 2018 Top Key Players Analysis: Swissport, SATS, John Menzies, Bhadra, Celebi, Air+Mak, Dnata, CargoTec, Cavotec SA, PrimeFlight, RampSnake and JBT AeroTech

(I-TravelNewswire.Com, August 07, 2018 ) Market Overview:-

Global Aircraft Ground Handling System Market is expected to witness a notable surge over the years to come, driven by the launch of new technologies to reduce operational delays at airports along with improved infrastructural facilities. Intensified requirement for handling cargos, aircraft, and passengers as a result of a massive rise in the number of passengers travelling via aircraft are predicted to further boost the business landscape. As per IATA (International Air Transport Association), nearly 3.7 billion passengers had travelled via aircraft in 2016, recording an increase of 6.7% in the number of air travelers as compared to the estimates of 2015. Efficient handling methods coined by airlines and service providers to provide low-cost & safe packaging for consumable goods of the passenger, will further boost aircraft ground handling system market trends. According to Global Market Insights, Inc., Aircraft ground handling system industry size, worth USD 110 billion in 2016, is set to hit a targeted revenue of USD 185 billion by 2024.

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Top Key Players:-

The key players of global Aircraft Ground Handling System Market are Swissport, SATS, John Menzies, Bhadra, Celebi, Air+Mak, Dnata, CargoTec, Cavotec SA, PrimeFlight, RampSnake and JBT AeroTech.

Regional Segmentations:-

Europe aircraft ground handling system industry is projected to experience an accelerating growth over the coming seven years, subject to an increase in the number of new aircrafts resulting in the allocation of more budgets for constructing high-grade airports & runways. France and Germany, which jointly accounted for nearly 40% of Europe aircraft ground handling system industry share in 2016, are expected to significantly influence the business space.

North America aircraft ground handling system market share is forecast to retain its leading position over the next few years, owing to the increasing efforts made by the airport authorities to increase the operational efficiency and thus ensure passenger satisfaction.

Asia Pacific aircraft ground handling system industry, which contributed more than 25% of the overall industry share in 2016, is projected to experience a significant growth over the coming timeline. Escalating population, an increase in the air travel frequency, and growing urbanization are some of the factors forecast to favorably influence the development trends.

MEA aircraft ground handling system market is anticipated to experience a striking expansion over the years ahead, driven by globalization resulting in the large-scale development of airline business along with strict legislations supporting the use of safe & effective ground handling devices.

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Major Points of Table Of Content:-

3. Aircraft Ground Handling Systems Industry Insights

3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Incorporation of sensors in ground handling vehicles and boarding bridges
3.4.2. Towbarless aircraft towing
3.4.3. Remote control aircraft tugs
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. EU
3.5.2.1. EU Directive 96/97/EC
3.5.2.2. EU Ground Handling Directive
3.5.3. China
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Increasing commuters globally
3.6.1.2. Expansion and modernization of airports
3.6.2. Industry pitfalls & challenges
3.6.2.1. High initial costs
3.6.2.2. Quality issues and shortage of ground handling systems
3.7. Growth potential analysis
3.7.1. Business models
3.8. Porter's analysis
3.9. Competitive landscape, 2016
3.9.1. Strategy dashboard
3.10. PESTEL analysis

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The incorporation of IoT in aircraft ground handling systems for supporting the ground functions along with the ability of new software programs to fulfill the specific requirements of the ground handling systems are expected to enlarge the business scope. Optimum use of green energy technology to power ground handling devices is also expected to contribute significantly toward aircraft ground handling system industry development.

Taking into consideration the geographical trends, Latin America aircraft ground handling system market share is expected to witness a lucrative surge over the years to come, subject to the fact that LATAM air traffic increased by 7.4% in 2016. Brazil aircraft ground handling system market is likely to boost the regional revenue.

Global Market Insights, Inc.

Arun Hegde

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sales@gminsights.com

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