LeapZipBlog: Amanpreet's blog: Aircraft Tugs Market - Strong Emphasis of Airlines on Curtailing Operational Time

Aircraft Tugs Market - Strong Emphasis of Airlines on Curtailing Operational Time

February 17, 2020 by Amanpreet  

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.

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.

In this aircraft tugs market study, the following years are considered to project the market footprint:

  • History Year: 2013 - 2017
  • Base Year: 2013
  • Estimated Year: 2027
  • Forecast Year: 2018 – 2027

After reading the aircraft tugs market report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the growth of the global aircraft tugs market.
  • Analyze key regions holding significant share of the total aircraft tugs market revenue.
  • Study the growth outlook of the global aircraft tugs market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use on the aircraft tugs market growth.
  • Investigate the recent R&D projects performed by each aircraft tugs market player.

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.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2366

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.

The aircraft tugs market report covers the following regions:

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

On the basis of types, the aircraft tugs market report considers the following segments:

  • Conventional/ Towbars
  • Towbarless

On the basis of handling capacity, the aircraft tugs market report includes:

  • Up to 50 Tons
  • 51-150 Tons
  • 151-260 Tons
  • More than 260 Tons

Prominent aircraft tugs market players covered in the report contain:

  • Textron GSE
  • JBT Corporation
  • TREPEL Aircraft Equipment GmbH
  • TLD Group SAS
  • LEKTRO, Inc.
  • Kalmar Motor AB
  • MULAG Fahrzeugwerk Heinz Wössner GmbH u. Co. KG
  • Tronair Inc.
  • Mototok International GmbH
  • Airtug LLC

The behavior pattern of each player – new product launches, partnerships, and acquisitions – has been analyzed in the aircraft tugs market report comprehensively. In addition, the research encompasses the strengths, weaknesses, opportunities and threats of each aircraft tugs market vendor in an in-depth manner.

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.

“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.

The aircraft tugs market report answers important questions which include:

  • What does the status of the aircraft tugs market look like after the forecast period?
  • Which region has the highest contribution to the global aircraft tugs market and why?
  • Which players remain at the top of the global aircraft tugs market?
  • What opportunities are available for the aircraft tugs market players to expand their production footprint?
  • Which segment has the maximum impact on the global aircraft tugs market?

Want to know more about the report or any specific requirement: https://www.factmr.com/connectus/sample?flag=AE&rep_id=2366

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  4. Data collection from extensive primary and secondary research.
  5. Round-the-clock availability to serve clients across the world.

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