What is Aircraft Tractor?
Aircraft Tractor is ground support equipment in aviation industries. It is used to handle pushback, maintenance towing and repositioning of aircraft. It offers safe, reliable, efficient, aircraft push back and towing operations, it also reduces waiting time for pushing back the aircraft. For instance, in August 2019 British Airways has celebrated his 10,000th use of aircraft tractor by using fully electric remote control mototok spacer devices. Moreover, British airline is only the first user of the eco-friendly mototok tugs which replaced traditional diesel tugs. The use of Aircraft tractor reduces the operational cost and benefits and offers improved operational efficiency there for the demand for Aircraft tractor has gained popularity in the market.
The market study is broken down by Type (Conventional Tractors and Towbarless Tractors), by Application (Airport, Civil Aviation, Military and Other) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Aircraft Tractor market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TLD group (France), Goldhofer AG (Germany), TREPEL Airport Equipment GmbH (Germany), Nepean (Australia), Eagle Tugs (United States), JBT Aero (United States), Kalmar Motor AB (Sweden), Lektro (United States), Weihai Guangtai Airport Equipment Co.,Ltd. (China) and Charlatte Manutention (France are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Aircraft Tractor market by Type, Application and Region.
On the basis of geography, the market of Aircraft Tractor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In August 2020,Saudi Ground Services Company (SGS) has entered into a joint venture (JV) agreement with France's TLD Group to establish a limited liability company that will provide digitalization and maintenance services specialized in airport solutions and ground handling equipment for SGS and other firms in all Saudi airports.
In October 2019 Air India Declared As The First Airline To Use Taxibot Used In Aircraft Tractor. Taxibot Is Semi-Robotic Towbarless Aircraft For Taxing An Aircraft From Parking Bay To Run Away With Its Turned Off Engine. The Massive Step towards a Cleaner Environment by Consumption of Fuel. These Taxi Boats Can Be Used Only For Flight Departure and It Also Helps Ease Congestion on Boarding Gates by Giving Efficient Push Back
Market Trend
- Increasing Inclination for Environmentally Friendly Aircraft Tractor
Market Drivers
- Increasing Demand from Aircraft Industry
- Growing Number of Air Travel Passengers
Opportunities
- Increasing Air Transportation across the Asia Pacific Region Such As, India, China, and Others.
Restraints
- Stringent Rules and Regulations
Challenges
- Aircraft Tractor Are Prone To both Internal and External Damage by Taking Sharp Turns
Key Target Audience
Aircraft Tractor, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.