The U.S. represents the largest market for ground handling management. The ramp handling segment represents the largest market, supported by the need for aircraft marshaling on ground, parking assistance, aircraft towing, pushback, provision, and operation of necessary units to start the engine, and for safe passenger conveyance, boarding and unboarding.
The report "Aircraft Ground Handling System Market (Passenger Ground Handling Equipment, Cargo Ground Handling Equipment, Aircraft Ground Handling Equipment, by Product, Application & Geography) - Global Forecasts and Analysis to 2014 - 2019", Aircraft Ground Handling System Market is estimated to be valued at $347.50 Million in 2014, and is expected to reach $456.76 Million by 2019. Growth in the market will continue to depend largely on the increase in number of airlines and airports. Expansion, up-gradation of existing airports, and technology advancements, will also increase the demand for aircraft ground handling system market.
The aircraft ground handling system market is estimated at $347.50 million in 2014 and it is expected to reach $456.76 million by 2019. The report provides market analysis of the aircraft ground handling system market over the five years. The impact of drivers, challenges, and restraints for this particular industry is analyzed.
The report provides the market size of the aircraft ground handling system market over the next five years, and talks about the market share by different application or region. It tracks and analyzes the technology trends, market trends and industry trends with respect to the aircraft ground handling system market.
It talks about the leading competitors in the aircraft ground handling system market, and apart from that, provides a general overview of the companies; it also provides details on their financial positions, key products, their unique selling points, and key developments.
The primary market players are from the U.S. and Europe, who dominate the aircraft ground handling system market in terms of technology, innovation, and on-time delivery. The market has numerous competitors who often engage in multifunctional joint ventures to win contracts for new aircraft ground handling system innovations.
Application wise, the actuators market is segmented into passenger ground handling system, cargo ground handling system and aircraft ground handling system
The market for passenger ground handling system is expected to increase at a CAGR of 5.40% in the forecast period. Globally, the market size for passenger ground handling system is estimated to be higher, compared to the cargo and aircraft ground handling system market, due to increasing passenger travel worldwide.
Globally, air traffic is increasing, hence airports in most countries will require significant up gradations, expansions and improvement in aircraft ground handling systems, operations and services. Most of the competition in this market will be from the U.S and Europe who are generating new technology trends and market trends for this particular industry.
In geographic analysis, it estimated that Asia-Pacific, the Middle East and Latin America are the Fastest Growing Regions in The Aircraft Ground Handling System Market.
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