Aircraft Tugs Market Inching Closer Toward Towbarless, Find New Study


New York, NY -- (SBWire) -- 12/10/2018 --Fact.MR delivers key insights on the global aircraft tugs market in its published report, titled "Global Aircraft Tugs: Industry Analysis and Opportunity Assessment, 2018–2027". In terms of revenue, the global Aircraft tugs market is estimated to expand at a CAGR of 6.3% over the forecast period, owing to numerous factors, about which FACT.MR offers thorough insights and forecasts in this report.

The global market for Aircraft tugs is further segmented as Type, Handling Capacity, Fuel, Aircraft Type and region. Aircraft tugs market register demand from aircraft type. According to type the aircraft tugs can be segmented as Conventional or Towbar aircraft tugs and Towbarless aircraft tugs. By handling Capacity, it includes Up to 50 Tons, 51-150 Tons, 151-260 Tons, and More than 260 Tons. By fuel, the aircraft tugs can be segmented as diesel, gas and electric aircraft tugs. The market for aircraft tugs can also be segmented on the basis of aircraft type which includes Civil, Cargo, Military and executive type aircraft.  The Towbarless Aircraft tugs has majorly application due to its efficiencies and handling capacity that holds the maximum share in global Aircraft tugs market. Above 260 tons handling capacity aircraft tugs is anticipated to witness remarkable growth over the forecast period in prominent region such as APEJ, Europe and MEA. The increment in aircraft passenger traffic across the world is highly anticipated to boost the demand for Aircraft tugs over the forecast period

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The report assesses trends, driving the growth for Aircraft tugs market in each market segment on the global level and offers potential takeaways that prove substantially useful for other potential market entrants in the Aircraft tugs market.

The North America Aircraft tugs market, include country-level analysis for the U.S. and Canada. The U.S Aircraft tugs market is expected to grow at a CAGR of 5.7% over the forecast period. The towbarless type aircraft tugs enjoys dominant share, by type. The Latin America Aircraft tugs includes country-level analysis for Brazil, Mexico and Rest of Latin America. The Mexico Aircraft tugs market is expected to expand at a CAGR of 7.1% during the forecast period. The Europe Aircraft tugs include country-level analysis for EU-4, U.K., Benelux, Nordic, Eastern Europe and Rest of Europe. EU-4 account for a significant market share in the Europe Aircraft tugs. The Asia Pacific excluding Japan Aircraft tugs includes country-level analysis for China, India, South Korea, Australia & New Zealand, ASEAN and Rest of APEJ. The APEJ Aircraft tugs market represents the most lucrative geographic region wherein India and China represent substantial incremental opportunity over the forecast period. The Middle East and Africa (MEA) Aircraft tugs, include country-level analysis for GCC, Turkey, South Africa and Rest of MEA. Aircraft tugs market in the GCC region is particularly driven by increase in number of construction of new airports. The sales for Aircraft tugs in GCC region is particularly boosted by airports infrastructure and aircraft traffic. The Japan Aircraft tugs is expected to expand at a CAGR of 3.4% over the forecast period.

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In this report, we have discussed individual strategies followed by these companies, in terms of enhancing their product portfolio, creating new marketing techniques, contracts & agreements, mergers and acquisitions and partnership & collaboration. The 'Competitive Landscape' is included to provide report audiences with a dashboard view and company share collectively.

Key players operating in the global market for aircraft tugs, include TUG Technologies Corporation, JBT Corporation, TREPEL Airport Equipment GmbH, TLD Group SAS, LEKTRO, Inc; Kalmar Motor AB, MULAG Fahrzeugwerk Heinz Wössner GmbH u. Co. KG, Mototok International GmbH, Tronair, Airtug and others

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