Aircraft Tugs Market: Growing GSE Investment Owing to New Schedule of IATA for ISAGO Audits

Published: Mon Jun 10 2019

Fact.MR’s report titled "Aircraft Tugs Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2027," offered in-depth analysis on key dynamics, including growth determinants, impediments, opportunities, and trends, which have significant impact on prospects of the aircraft tugs market. Size of the aircraft tugs market has been evaluated in terms of volume (units) and value (US$ Mn).

Towbar-based aircraft tugs have witnessed pervasive demand over the years, as a go-to equipment for towing aircrafts, however concerns remain regarding their limited speed, time-intensive installation, and cost-intensive staff training. These challenges have led the aircraft tugs manufacturers to join forces to develop advanced solutions for offsetting uncertainties and operational risks associated with towbar-based aircraft tugs. This has further led the trend of "towbar to towbarless" in the aircraft tugs market. Collaborative development and launch of the eJP Towbarless Tug is a key aspect backing the trend.

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Self-driving technology has been permeating the banks of the aircraft tug developments, as leading players focus on easing the aircraft towing activities with minimal human intervention. Ground support equipment producers and the airline field operators are also directing their focus toward self-driving aircraft tugs, driven by the onus on ensuring safe and efficient towing operations even in dynamic environment.

The report offers an exhaustive segmental analysis on the aircraft tugs market. Key segments of the aircraft tugs market have been represented methodically through a taxonomy table. Important numbers associated with the market segments have been offered in the report, which include CAGR, revenues, volume, and market share in terms of value and volume.

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Aircraft Tugs Market: Research Scope 

This study offers a detailed forecast of the aircraft tugs market covering all the key dynamics that have a significant impact on the market expansion. A long-term forecast has been offered on the aircraft tugs market, so as to enable readers in making accurate and successful decisions for future business trajectory. An executive summary of the aircraft tugs market has been offered that offers the readers with imperative numbers associated with key segments as well as the global market.

Growing GSE Investment Owing to New Schedule of IATA for ISAGO Audits

Airline continue to face a wide range of challenges, including design and productivity, apropos of the ground support equipment (GSE), which has driven the requirement for multi-pronged approaches. These approaches include improved staff training methods, emphasis on new technologies, and better safety audits. Sensing beneficial prospects of global standards associated with GSE policies and procedures, the Safety Audit for Ground Operations (ISAGO) model was introduced by the IATA in 2008.

Aircraft Tugs Market: Competition Assessment 

The report offers a detailed analysis on the company overview, product overview, recent development and key financial of the aircraft tugs market players. A SWOT analysis has also been offered on each aircraft tugs market player profiled in the report. Key aircraft tugs market players profiled in the report include Textron GSE, JBT Corporation, TREPEL Aircraft Equipment GmbH, TLD Group SAS, and LEKTRO, Inc.

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