Market Overview:
The global electric aircraft tugs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric aircraft tugs from the civil aviation and military sectors. Additionally, factors such as rising air traffic and stringent environmental regulations are also contributing to the growth of this market. The towbarless tractor segment is expected to account for a major share of the global electric aircraft tugs market during the forecast period. This can be attributed to their high efficiency and low maintenance requirements as compared with conventional tractors.
Product Definition:
Electric Aircraft Tugs are carts or vehicles that are used to tow airplanes. They can be either powered by batteries or by an electric motor. Electric Aircraft Tugs are important because they help move planes around the airport, which makes it easier for passengers to board and disembark.
Towbarless Tractors:
Towbarless tractors are a new concept in the electric aircraft towing industry. The first towbarless tractor was flight- tested and demonstrated successfully in July 2016, which is also reported as a world record for the lightest weight towbarless tractor flight test. Since then, several more tests have been conducted with different types of aircraft models and configurations.
Conventional Tractors:
Conventional tractors are the most widely used equipment for earthmoving and construction activities. They are also used in electric aircraft tugs as they have high power to weight ratio, which makes them an ideal choice for this application.
The conventional tractors market is expected to grow at a significant rate owing to its increasing demand from the developing countries including India, Brazil and China among others.
Application Insights:
The civil aviation segment dominated the global electric aircraft tug market in terms of revenue share in 2017. The growth can be attributed to the increasing air traffic and need for airport ground services. Electric aircraft tugs are used at airports, which require heavy-duty equipment due to increased passenger traffic and rapid expansion of airports. These machines have a large turning radius, which makes them ideal for airport operations as they do not obstruct other vehicles or pedestrians while maneuvering into position.
The military segment is expected to witness significant growth over the forecast period owing to rising adoption of UAVs by defense agencies across countries such as China, Japan, South Korea and Australia among others that possess advanced technological capabilities along with an extensive network of UAV manufacturers globally coupled with government funding initiatives is anticipated to drive product demand over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing military and commercial aviation activities. Moreover, presence of key aircraft tug manufacturers such as Caterpillar, Inc.; Deere & Company; and CNH Industrial N.V.; will also help boost product demand over the next eight years.
Asia Pacific is anticipated to witness significant growth from 2018 to 2030 due to rising investments by governments for development of infrastructure projects including airports across China, India, Japan among other countries are likely contribute significantly towards market growth during the forecast period.
Growth Factors:
- Increasing demand for electric aircraft tugs from the aviation industry as it helps in reducing emissions and noise pollution.
- Growing popularity of green technologies across the globe is expected to fuel the growth of electric aircraft tugs market over the forecast period.
- Rising number of air passengers is also anticipated to boost the demand for electric aircraft tugs in near future.
- Increasing investment by key players in research and development activities is likely to propel the growth of this market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Aircraft Tugs Market Research Report
By Type
Towbarless Tractors, Conventional Tractors
By Application
Military, Civil Aviation
By Companies
Lektro, Eagle Tugs, JBT Aero, Kalmar Motor AB, TLD, Weihai Guangtai, MULAG Fahrzeugwerk, GOLDHOFER, TowFLEXX, VOLK, Mototok, Airtug LLC, Flyer-Truck, DJ Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Electric Aircraft Tugs Market Report Segments:
The global Electric Aircraft Tugs market is segmented on the basis of:
Types
Towbarless Tractors, Conventional Tractors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Civil Aviation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lektro
- Eagle Tugs
- JBT Aero
- Kalmar Motor AB
- TLD
- Weihai Guangtai
- MULAG Fahrzeugwerk
- GOLDHOFER
- TowFLEXX
- VOLK
- Mototok
- Airtug LLC
- Flyer-Truck
- DJ Products
Highlights of The Electric Aircraft Tugs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Towbarless Tractors
- Conventional Tractors
- By Application:
- Military
- Civil Aviation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Aircraft Tugs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric aircraft tugboats are vessels that use electric power to move aircraft. They are used to move large airplanes, such as the Boeing 747 and Airbus A380, around airports or shipyards.
Some of the key players operating in the electric aircraft tugs market are Lektro, Eagle Tugs, JBT Aero, Kalmar Motor AB, TLD, Weihai Guangtai, MULAG Fahrzeugwerk, GOLDHOFER, TowFLEXX, VOLK, Mototok, Airtug LLC, Flyer-Truck, DJ Products.
The electric aircraft tugs market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Aircraft Tugs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Aircraft Tugs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Aircraft Tugs Market - Supply Chain
4.5. Global Electric Aircraft Tugs Market Forecast
4.5.1. Electric Aircraft Tugs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Aircraft Tugs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Aircraft Tugs Market Absolute $ Opportunity
5. Global Electric Aircraft Tugs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Aircraft Tugs Market Size and Volume Forecast by Type
5.3.1. Towbarless Tractors
5.3.2. Conventional Tractors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Aircraft Tugs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Aircraft Tugs Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Civil Aviation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Aircraft Tugs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Aircraft Tugs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Aircraft Tugs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Aircraft Tugs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Aircraft Tugs Demand Share Forecast, 2019-2026
9. North America Electric Aircraft Tugs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Aircraft Tugs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Aircraft Tugs Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Civil Aviation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Aircraft Tugs Market Size and Volume Forecast by Type
9.7.1. Towbarless Tractors
9.7.2. Conventional Tractors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Aircraft Tugs Demand Share Forecast, 2019-2026
10. Latin America Electric Aircraft Tugs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Aircraft Tugs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Aircraft Tugs Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Civil Aviation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Aircraft Tugs Market Size and Volume Forecast by Type
10.7.1. Towbarless Tractors
10.7.2. Conventional Tractors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Aircraft Tugs Demand Share Forecast, 2019-2026
11. Europe Electric Aircraft Tugs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Aircraft Tugs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Aircraft Tugs Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Civil Aviation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Aircraft Tugs Market Size and Volume Forecast by Type
11.7.1. Towbarless Tractors
11.7.2. Conventional Tractors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Tye
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Aircraft Tugs Demand Share, 2019-2026
12. Asia Pacific Electric Aircraft Tugs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Aircraft Tugs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Aircraft Tugs Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Civil Aviation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Aircraft Tugs Market Size and Volume Forecast by Type
12.7.1. Towbarless Tractors
12.7.2. Conventional Tractors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Aircraft Tugs Demand Share, 2019-2026
13. Middle East & Africa Electric Aircraft Tugs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Aircraft Tugs Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Aircraft Tugs Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Civil Aviation
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Aircraft Tugs Market Size and Volume Forecast by Type
13.7.1. Towbarless Tractors
13.7.2. Conventional Tractors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Aircraft Tugs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Aircraft Tugs Market: Market Share Analysis
14.2. Electric Aircraft Tugs Distributors and Customers
14.3. Electric Aircraft Tugs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lektro
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eagle Tugs
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JBT Aero
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kalmar Motor AB
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TLD
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Weihai Guangtai
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MULAG Fahrzeugwerk
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GOLDHOFER
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TowFLEXX
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. VOLK
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mototok
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Airtug LLC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Flyer-Truck
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. DJ Products
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
