Market Share's Aircraft Ground-handling System Market Regional | Page 2

In addition, shifting trend towards adoption of electric propulsion instead of fossil fuels is considered as key growth
factor for ground handling system market, in the near future. Development of electric-operated and biogas powered
towing automobiles coupled with favorable governmental policies are expected to boost overall market performance
in the upcoming years. Use of electrically operated and biogas powered towing automobile for aircraft allows engines
to stay powered off unless the aircraft is at the runway’s head.
Growing number of operational airports and flights, particularly in the North America and European region are
expected to incorporate numerous growth opportunities in the near future. Increasing investment by both local
governments and private bodies to promote adoption of alternate fuel resources for handling equipment and vehicles,
are propelling market expansion in the years to come. However, increasing requirement for optimization of operations
at the peak time is expected to negatively influence industry growth to a certain extent.
The market is broadly categorized into three major types based on type of the equipment such as aircraft handling
system, baggage & cargo handling system, and passenger handling system. Aircraft support equipment is considered
as one of the fastest growing segment in the aircraft ground-handling system market with substantial revenue
generation in the last couple of years. . Aircraft support equipment majorly consists of air start units, refuels, tow bars,
wedges, deicing and anti-icing instruments, and lavatory and water support instruments.
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While, the baggage and cargo support equipment market segment has also witnessed significant growth, in the recent
years as well owing to the increasing demand for transport wagons, tractors, baggage loaders, trailers, and containers.
Some of the critical factors such as customer satisfaction, improvements in the aircraft turnaround time, superior
airport’s operational efficiency, automation of various airport services, and a rise in air travel across the globe are
fostering the growth of baggage and cargo support equipment segment, in the recent years.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in the implementation of latest technologies in aviation industry,
increase in domestic traveling, and existence of well-established industrial infrastructure in the region.
Asia-Pacific region is predicted to hold major market share in the aircraft ground-handling system market with massive
growth in the forecast period. Countries such as India, China, Japan and Singapore are leading the Asia-Pacific market
with strong economic growth, increasing customer base for airlines, and significant investment by leading industry
players considering potential growth opportunities in the region.
The key players in the ground handling system are Dubai National Air Transport Association, Havas S.A., John Bean
Technologies AeroTech SLU, SATS LLC, AERO Specialties, Inc., Aircraft Service International Group (ASIG), Inc., Imai
Aero-Equipment Mfg. Co., Ltd., WeihaiGuangtai Airports Equipment Co., Ltd., Mallaghan Engineering Ltd., and
Swissport International Ltd.