Aircraft Ground Handling Systems Market: Global Industry Analysis, Size, Share, Trends, Growth And Forecast 2020 – 2026

The global aircraft ground handling systems market was valued at USD 120 billion in 2019 and is anticipated to reach USD 200 billion by 2026, expanding at a CAGR of 6% during the forecast period, 2020 – 2026. The growth of the market is attributed to the increase in demand for quality services.

Aircraft ground handling system is the servicing of an aircraft on the ground. It signifies the actions at airports in charge of cargo, facilities, processing passengers, and supplies around parked aircraft. These operations are executed by service providers as per the type of operation. These tasks are contracted via a Service Level Agreement (SLA) that describes the price, quality level, scope, and key performance indicators (KPI). It includes on time performance (OTP), aircraft ramp damage avoidance, the predictability for ATM, and personnel incidents and accidents avoidance. Moreover, it provides condition aircraft cabin temperature, chocking of landing gears, electricity, use of cones, potable water, marshalling, refueling, toilet servicing, pushback, provide access means to the passengers. Additionally, with an increase in automation of aircraft operations inside the airport parking area opportunities such as a reduction in fuel consumption, improved predictability of parking and ground handling delays, reduction in cockpit crew workload, better protection of materials, people, and equipment are increased. Furthermore, it leads to costs reduction, optimization of resources for humans, security and safety benefit, increased awareness of the aircraft status on the ground.

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Market Trends, Drivers, Restraints, and Opportunities:

• The demand for aircraft ground handling systems is increasing due to the features it possesses such as baggage safety & security, avoid delays caused by aircraft, reduced ground time; thereby, boosting the market.
• Developments and growth in the travel industry are driving the growth of the market.
• The preference for air travel is increased owing to the surge in middle-class population in developed and developing countries; thus, boosting the market.
• The increased air traffic from different sectors have increased the demand for effective customer service; therefore propelling the market.
• Factors such as stable GDP growth, low commodity price, and strong passenger demand are fueling the market.
• Developments and advancement in airport infrastructure is boosting the market.
• Growth and development in aviation sector amid shifts in trends for replacing conventional systems in the aircraft with advanced efficient system is fueling the market.
• Rules and regulations by government including IATA standards, FAA advisory circular, and EASA directives regarding aircraft ground handling system are expected to boost the market.
• A rise in disposable income in developing countries propels the market.
• The demand for the system is increasing in developing countries owing to the decrease in airfares; therefore, fueling the market.
• Innovative technologies in airport operations to ensure maximum profit and minimum error fuel the market.
• Supply chain participants emphasize on improving ramp safety to drive the market growth.
• Changing consumer behavior with time restricts the growth of the market.
• Initial setup cost is high thus, likely to hamper the market growth.
• Increased focus and huge investments are done on heavy cargo which is anticipated to impede the aircraft ground handling systems market growth.
• The aircraft ground handling system requires replacement after a particular time period thus, acting as a restraint for market growth.

Competitive Landscape

Major players in the global aircraft ground handling systems market are Celebi, Swissport, RampSnake, Bhadra, Dnata, Cavotec SA, John Menzies, CargoTec, PrimeFlight, SATS, and JBT AeroTech. They engage in strategies such as partnership & collaborations, the establishment of manufacturing and production facilities locally, and the development of eco-friendly products.

Segments Covered in the Report

The global aircraft ground handling systems market has been segmented on the basis of

By Technologies:

• Electrical & Hybrid System
• Conventional System

By Applications:

• Cargo Handling
• Passenger Handling
• Aircraft Handling

By Regions:

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

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The following is the TOC of the report:

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aircraft Ground Handling Systems Market Overview

4.1. Introduction

4.1.1. Market Taxonomy

4.1.2. Market Definition

4.2. Macro-Economic Factors

4.2.1. Industry Outlook

4.3. Aircraft Ground Handling Systems Market Dynamics

4.3.1. Market Drivers

4.3.2. Market Restraints

4.3.3. Opportunity

4.3.4. Market Trends

4.4. Aircraft Ground Handling Systems Market – Supply Chain

4.5. Global Aircraft Ground Handling Systems Market Forecast

4.5.1. Aircraft Ground Handling Systems Market Size (US$ Mn) and Y-o-Y Growth

4.5.2. Aircraft Ground Handling Systems Market Size (000? Units) and Y-o-Y Growth

4.5.3. Aircraft Ground Handling Systems Market Absolute $ Opportunity

5. Global Aircraft Ground Handling Systems Market Analysis and Forecast by Type

5.1. Market Trends

5.2. Introduction

5.2.1. Basis Point Share (BPS) Analysis by Type

5.2.2. Y-o-Y Growth Projections by Type

5.3. Aircraft Ground Handling Systems Market Size and Volume Forecast by Type

5.3.1. Electric Type

5.3.2. Non-Electric Type

5.3.3. Hybrid Type

5.4. Absolute $ Opportunity Assessment by Type

5.5. Market Attractiveness/Growth Potential Analysis by Type

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