Market Study Report adds 2017-2024 global Aircraft Ground Handling System market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.
Selbyville, DE -- (SBWIRE) -- 10/17/2018 -- The Aircraft Ground Handling System market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.
Latin America air traffic has increased by 7.4% in 2016. Despite the political and economic uncertainties in the region's largest industry, Brazil, the Latin American air traffic showcased growth. The domestic travel accounted for 46% of the operations from Brazil.
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Aircraft Ground Handling System Market size is set to reach USD 185 billion by 2024, according to a new research report.
Mergers and acquisitions are other strategies adopted by the manufacturers to expand their geographical presence. For instance, in December 2016, Dnata announced the acquisition of 50% shares of GTA Aviation's ground and cargo handling operations at Toronto Pearson Airport. This acquisition helped Dnata to expand its presence in Americas and fulfill its strategy to provide the highest level of customer service across the region.
The growing demand for quality solutions and products due to technological advancements and changing consumer behavior have increased aircraft ground handling system market demand. Manufacturers offer solutions and high-end products that can cater to current business demands and overcome the challenges faced by the end users.
The Middle East and Africa aircraft ground handling system market size is predicted to witness exponential growth in upcoming years owing to favorable regulatory scenario regarding secure and efficient equipment. Moreover, increasing globalization has led to an expansion of airline businesses across regions, fueling the industry growth in this region.
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According to the International Air Transport Association (IATA), about 3.7 billion passengers have traveled by air in 2016 owing to an average reduction in return fares. The ten-year annual growth rate was 5.5% and the passengers' traffic rose to 6.7% in 2016 as compared to 2015. Increasing air travel will lead to the aircraft ground handling system market demand for handling cargo, passengers, and aircraft.
Airlines and service providers have developed effective handling techniques for perishable products and provide shippers with cost-effective and optimum packaging methods. Passenger handling includes various services including ticketing, baggage check-in, boarding, passenger assistance, security screening, and special services. Passenger handling equipment includes towable stairs, passenger buses, etc.
Table of Content:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast assumptions
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Aircraft ground handling industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Regional trends
Chapter 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
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