About Air Cargo Containers
Air cargo containers are solid vessels that are used to store luggage, freight, or other cargo. It includes refrigerated and non-refrigerated containers that can accumulate a large quantity of cargo as a single unit. The shape and size of containers vary depending upon the consumer requirements and cargo type. These containers should be compatible with cargo handling systems and are designed to fit in the aircraft equipment. The concept of containerization by air is adopted by civil airlines as well as by the military forces. These airlines use custom-made containers for their respective aircraft with ground handling equipment. The containers are carried on the lower deck for the passenger-carrying aircraft while the cargo aircraft use both lower and upper deck for carrying the containers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global air cargo container market is highly consolidated as market share is bifurcated among new equipment manufacturers and service providers. The new equipment industry is highly consolidated with the top industry participants accounting for a major stake in the global market. These companies are focused on developing new and efficient containers to meet the growing demand from the air cargo industry. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Air Cargo Containers market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nordisk Aviation Products (Norway), Zodiac Aerospace (France), VRR Aviation (Netherlands), Satco, Inc. (United States), Cargo Composites (United States), Granger Aerospace (United States), Chicago Metal Fabricators (United States), PalNet GmnH Air Cargo Products (Germany), ACL Airshop (United States) and DoKaSch Temperature Solutions GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Safran Aerosystems (France), Unilode (Switzerland), CHEP (Australia), Envirotainer (Sweden) and Norduyn Inc. (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Air Cargo Containers market by Type (Refrigerated and Non-Refrigerated), Application (Passenger Aircraft, Freighter Aircraft and Military Aircraft) and Region.
On the basis of geography, the market of Air Cargo Containers 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). North America, Europe region held largest market share in the year 2023. If we see Market by Material Type, the sub-segment i.e. Composites will boost the Air Cargo Containers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deck Type, the sub-segment i.e. Lower Deck will boost the Air Cargo Containers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption Of Lightweight Air Cargo Containers Around The Globe
Market Growth Drivers:
Growing pharmaceuticals and biological exports and Rising Demand from E-commerce Industry, Proliferation in Global Aircraft Fleet and Expansion of Air Cargo Terminals Worldwide and Rising Demand for Transportation of Various Goods across the Globe in a Short Span Of Time.
Challenges:
High Maintenance Costs
Restraints:
Stringent Regulatory Laws And Technical Know-How And Slowdown In The Global Economy and Increase In Aviation Fuel Prices
Opportunities:
Expansion Of Air Cargo Terminals In Emerging Economies And Advancement In Technology Such As Development Of Lightweight Containers and Increase In Number Of Commercial Airlines At A Rapid Pace And The Rising Demand From The Defense Authorities To Transport Goods
In 2021, Envirotainer has launched a new pharma container called the Releye RLP 30000 PC. It claimed the container can maintain temperatures for more than one week before re-charging. The Releye RLP fills a substantial gap in the cold-chain pharmaceutical air freight market, utilizing the space of two 1-pallet solutions to deliver 3 euro-pallets, increasing cost-efficiency by 50 percent.
International Air Transport Association (IATA) has set the guidelines for lightweight containers that are capable of carrying a varied range of loads.
Key Target Audience
Air Cargo Containers Manufacturers, Parts and Accessories Suppliers, Potential Investors, End-use Industries 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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.