US to lead expansion in ground-handling services to cope with rising demand
THE Asia Pacific aircraft ground handling systems market is projected to hold a quarter of the revenue share by 2025 research by Global Market Insights, Inc shows
THE Asia Pacific aircraft ground handling systems market is projected to hold a quarter of the revenue share by 2025 research by Global Market Insights, Inc shows.
'North America aircraft ground handling systems market share will hold dominance over forecast timeframe. Increasing shift towards enhancing efficiency of operation demands of rising passenger traffic and infrastructural development to support cargo activity will generate more revenue,' the reported highlighted.
'Based on application, cargo handling segment will hold dominance in aircraft ground handling systems market over the forecast timeframe. The dominance is attributed to increasing air cargo operation across the globe. The cargo ground handling requires various equipment including containers, lift trucks, caster bed and pallet trailers.
'Attractive events conducted by e-commerce such Single's day, Big billion days demands, speedy delivery of products and air transport plays essential role in delivering of products. Additionally, growing pharmaceutical cargo activities is also generating more revenue for cargo handling operators.'
It continued: 'IATA forecasted air passenger traffic across the globe will reach 7.8 billion in 2036. Additionally, passengers want fast and efficient service experience which will enhance the passenger ground systems demand in near future.'
Companies profiled in the report include Bhadra International, CargoTec, dnata, John Menzies plc, Air+Mak, Cavotec SA, Celebi, JBT AeroTech, PrimeFlight, RampSnake, Sats Ltd and Swissport.
The authors of the report said: 'Airlines require innovative technologies including aircraft proximity detector (APD) that warn aircraft for upcoming obstacles owing to threat of collision with ground equipment. Integration of these sensors in aircraft are adding more costs to airline operators.
'Additionally, high initial cost, expensive replacement and quality issues of system may hinder the aircraft ground-handling systems market growth. The ground equipment requires high number of devices to perform various activities and add more costs for airline operators.
'The increasing adoption of internet of things (IoT) in ground support functions such as smart baggage concept enables airline operators as well as passengers to track baggage location. Smart baggage tags integrated with mobile applications help passengers to track their bags and provide information including baggage collection location and time required for its arrival.
'Additionally, integration of cloud computing technology in systems enable ground operator to utilise insights collected across the airport for enhancing operational accuracy. These factors will support aircraft ground-handling systems market penetration over forecasted timeframe.'