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GROUND HANDLING SYSTEM MARKET IS ESTIMATED TO BE US$ 13.08 BILLION BY 2030 WITH A CAGR OF 7.1% DURING THE FORECAST PERIOD
Industry: Airlines       

Global Ground Handling System Market accounted for US$ 6.63 billion in 2020 and is estimated to be US$ 13.08 billion by 2030 and is anticipated to register a CAGR of 7.1%. Ground handling is referred to wide range of services provided to aircraft ground repositioning, or to facilitate an aircraft flight. Ground handling system include service and functions for both customer service and ramp service. Some of the customer service functions include ticketing, check-in, baggage sorting, lobby management, gate assignment, lounge management, baggage service and many more. Further, the ramp services include marshalling, chocking and connection/disconnection of ground services, baggage and freight handling, aircraft towing, refueling and many more.

(TRAVPR.COM) UNITED KINGDOM - May 17th, 2022 - Global Ground Handling System Market accounted for US$ XX billion in 2020 and is estimated to be US$ XX billion by 2030 and is anticipated to register a CAGR of XX%. Ground handling is referred to wide range of services provided to aircraft ground repositioning, or to facilitate an aircraft flight.   Ground handling system include service and functions for both customer service and ramp service. Some of the customer service functions include ticketing, check-in, baggage sorting, lobby management, gate assignment, lounge management, baggage service and many more. Further, the ramp services include marshalling, chocking and connection/disconnection of ground services, baggage and freight handling, aircraft towing, refueling and many more. 

Analyst View:

Increasing number of people opting for air travel has led to airport expansion, resulting in additional of new terminals, gats, passenger service equipment and other infrastructure, and each gate requires ground handling system, which supports the growth of market. Innovations in technologies used for ground support equipment, such as new batteries, fast charging ports with low maintenance cost is also expected to foster the growth of market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Ground Handling System Market, By Type (Cabin Service, Catering, Ramp Service, Passenger Service, and Field Operation Service), By Application (Civil and Military), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2029”

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Ground-Handling-System-Market-3096

Key Market Insights from the report:

Global Ground Handling System Market accounted for US$ xx billion in 2020 and is estimated to be US$ xx billion by 2030 and is anticipated to register a CAGR of xx%. Global Ground Handling System Market is segmented into product type, application and region.

  • Based on Type, Global Ground Handling System Market is segmented into Cabin Service, Catering, Ramp Service, Passenger Service and Field Operation Service.
  • Based on Application Global Ground Handling System Market is segmented into Civil and Military.  
  • By Region, the Global Ground Handling System Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report " Global Ground Handling System Market, By Type (Cabin Service, Catering, Ramp Service, Passenger Service, and Field Operation Service), By Application (Civil and Military), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2029’’

Key Highlights:

  • In October 2020, EnerSys launched the NexSys PURE PACK battery and on-board charger system. The new comprehensive solution consists of the latest generation of NexSys PURE Thin Plate Pure Lead (TPPL) batteries, combined with an integrated Delta-Q on-board charger and Wi-iQ battery monitoring device.
  • In April 2019, Cavotec received a contract worth USD 9.6 million from the Bahrain International Airport to provide next-generation aircraft ground cooling systems. The contract also includes designing, engineering, installing, testing, and commissioning of Cavotec Sub-freezing Dual Blower DX Arctic PCA units as well as delivery of in-ground pit systems that reduce the number of vehicles required to service an aircraft.

Competitive Landscape & their strategies of Global Ground Handling System Market:

The key players in the Global Ground Handling System Market includes Mallaghan Engineering Ltd., Cavotec SA, JBT Corporation, Cargotec Company, SAAB Group, Inc., Beumer Group, Weihai Guangtai Airports Equipment, Aviapartner NV, TAV Airports Holding Co., and Skyplan Services Limited

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This report contains details regarding recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological advancements, and product approvals, product launches. To learn more about this report, request an Analyst Brief from Prophecy Market Insights. Our experts will assist you in making an informed market choice to achieve market growth.

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