Airport Tugs Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Conventional/Towbars, Towbarless); Application (Civil, Military) and Geography
Report Code: TIPRE00024200 No. of Pages: 150 Category: Aerospace and Defense Status: Upcoming
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MARKET OVERVIEW
An aeroplane tug is a vehicle that pushes an airport back from an airport gate using external power. These vehicles' structures are built to do tasks like pushing and pulling an aeroplane back and forth, yanking an aeroplane between its hangar and gate, and dragging an aeroplane for maintenance. Tractors for pulling planes are manufactured and engineered in such a way that they can tow a wide range of planes, from little to huge. In addition, the market for self-driving aircraft tugs is expected to expand in the near future.
MARKET SCOPE
The "Global Airport Tugs Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the airport tugs market with detailed market segmentation by type, applications and geography. The report provides key statistics on the market status of the leading airport tugs market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
MARKET DYNAMICS
Drivers:
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The airport tugs market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the airport tugs market in these regions.
IMPACT OF COVID-19 ON AIRPORT TUGS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the airport tugs market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from airport tugs market are anticipated to lucrative growth opportunities in the future with the rising demand for airport tugs in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the airport tugs market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Textron GSE
DJ Products (Lindbergh Aircraft Tug)
Tronair
JBT Corporation
TREPEL Airport Equipment GmbH
TLD Group
LEKTRO, Inc
Airtug LLC
Kalmar Motor
MULAG Fahrzeugwerk
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
An aeroplane tug is a vehicle that pushes an airport back from an airport gate using external power. These vehicles' structures are built to do tasks like pushing and pulling an aeroplane back and forth, yanking an aeroplane between its hangar and gate, and dragging an aeroplane for maintenance. Tractors for pulling planes are manufactured and engineered in such a way that they can tow a wide range of planes, from little to huge. In addition, the market for self-driving aircraft tugs is expected to expand in the near future.
MARKET SCOPE
The "Global Airport Tugs Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the airport tugs market with detailed market segmentation by type, applications and geography. The report provides key statistics on the market status of the leading airport tugs market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- Based on type, the global airport tugs market is segmented into conventional/towbars, towbarless
- On the basis of applications, the market is segmented civil, military
MARKET DYNAMICS
Drivers:
- With increasing number of airports and aircraft fleets, the requirement of towing tugs such as conventional towbar tugs and towbarless tugs has increased. Growing potential of electric aircraft tugs has compelled manufacturers to launch new products in the electric segment. High demand for aircraft tugs for ground support of civil aircrafts is expected to boost market growth over the coming years.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The airport tugs market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the airport tugs market in these regions.
IMPACT OF COVID-19 ON AIRPORT TUGS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the airport tugs market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from airport tugs market are anticipated to lucrative growth opportunities in the future with the rising demand for airport tugs in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the airport tugs market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.