Transparency Market Research in its new report titled, “Aerodrome Support Vehicle Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the aerodrome support vehicle market. The TMR report anticipates that the increasing number of airports across the globe will drive the aerodrome support vehicle market during the forecast period i.e, 2018-2026. Rise in per capita income has shifted the preference of people toward airways for travelling. Preference of people is moving toward airways as it is a rapid mode of transport, which is ultimately boosting the demand for aerodrome support vehicles for rapid and easy management of aircraft, luggage, passengers, and other necessary things that need to be moved or supplied to the aircraft, says the report.
The TMR report has segmented the aerodrome support vehicles market based on service, ownership, vehicle, and region. In terms of service, the passenger carrying buses segment is expected to hold a major share of the aerodrome support vehicle market. Each airline company has its own fleet of buses to carry their passengers from airport terminal to the aircraft; however other vehicles such as tractors, towing tugs, and refueling trucks are comparatively fewer in numbers. On the basis of ownership, private-owned aerodrome support vehicles are likely to dominate the aerodrome support vehicle market, as government-owned aerodrome support vehicles are utilized only by the air force or other defense organizations. Private-owned is a major segment of the market, as the strength of defense organizations is much less than the strength of non-defense organizations. The segment is expected to maintain its dominant position in the market during the forecast period.
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Based on vehicle, buses is expected to be a leading segment of the aerodrome support vehicle market followed by aerodrome tractors, which are used for pulling trolleys, small aircraft, and emergency vehicles. Buses are employed for carrying passengers and generally, buses are greater in number than any other kind of vehicle on the airport. Therefore, the buses segment held a major share of the aerodrome support vehicle market. On a geographical front, North America held a prominent share of the global aerodrome support vehicle market, as North America is home to a significant high number of airports, followed by Latin America as Brazil and Mexico are the other countries with a considerable number of airports. High purchasing power parity of people in North America has led to high preference of people for airways as compared to any other mode of transport, which has contributed to make it highly attractive market for aerodrome support vehicles.
Some of the major players operating in the global aerodrome support vehicle market are profiled in this report to give a better competitive analysis and these include Grayson, WABCO, DENGE Airport Equipment, Mallaghan, ANGLOCO LIMITED, TREPEL Airport Equipment GmbH, MULAG Fahrzeugwerk, and THE CARTERIGHT GROUP.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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