Global Aircraft Ground Handling System Market was valued at US$ 113 Bn in 2017 and is expected to reach US$ 167.9 Bn by 2026, at a CAGR of 5.07% during a forecast period.

Global Aircraft Ground Handling System Market

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Aircraft Ground Handling System Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Aircraft Ground Handling System Market.
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Based on the application, the aircraft handling system is expected to hold the largest share in the global aircraft ground handling system market during the forecast period. The growing passenger traffic and increasing turnaround led to the development of efficient and innovative systems. Moreover, support from airport authorities for major investments for R&D and new innovations in this equipment will propel this segment’s growth. Aircraft handling includes the support equipment such as refuelers, start units, chocks, jet air starter, tow bars, Tow Tractors, de-icing, anti-icing system, and hydraulic testing units.

Airports around the world are getting modernized and looking towards expansion measures with improvised infrastructure services, and technological advancements to reduce delays in operations at airports. The ground handling systems are crucial and demand minimum error likelihood as the industry follows its operations based on on-time-performance (OTP). These modernization and expansion measures will further fuel industry growth. Moreover, initiatives taken by airport authorities and governments across the globe have positively impacted the aircraft ground handling system market.

The industry possesses a constant threat of aircraft collisions with the ground equipment and suffers major losses owing to these collisions. The manufacturers are compelled to use innovative technologies such as aircraft proximity detector (APD) that warns about upcoming obstacles. However, high initial costs and expensive replacement is anticipated to hamper industry growth during the forecast timeframe. Moreover, quality issues and the shortage of these systems may also hinder the aircraft ground handling system market growth.

In terms of region, North America held the highest share in the global aircraft ground handling system market in 2017 and expected to continue dominance during the forecast period. The increasing focus of airport authorities towards enhancements in the efficiency of operations for satisfying demands of rising passenger traffic will support the industry growth. Moreover, a total of around 296.8 million passengers were handled from the top 10 busiest airports in the U.S. in 2015. Canada also has handled around 110.9 million passengers in 2015 from top 10 busiest airports, thus demanding for technologically advanced ground handling systems for all aircraft, passenger, and cargo equipment. The Asia Pacific is expected to generate the highest CAGR in the global aircraft ground handling system market during the forecast period owing to rising air traffic in this region.
Global Aircraft Ground Handling System Market Scope

Global Aircraft Ground Handling System Market, by Technology

• Conventional System
• Electrical and Hybrid System
Global Aircraft Ground Handling System Market, by Application

• Passenger Handling
• Cargo Handling
• Aircraft Handling
Global Aircraft Ground Handling System Market, by Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players operating in the Global Aircraft Ground Handling System Market

• Swissport
• SATS
• John Menzies
• Bhadra
• Celebi
• Air+Mak
• Dnata
• CargoTec
• Cavotec SA
• PrimeFlight
• RampSnake
• JBT AeroTech
• Weihai Guangtai Airports Equipment Co. Ltd
• Bharat Earth Movers Ltd
• SAAB Group
• Bliss-Fox Ground Support Equipment Ltd.
• IMAI Aero-Equipment Mfg. Co.
• Aviapartner Nv
• Gate Gse
• Aero Specialties
• Mallaghan Engineering Ltd.