Market Overview:
The global airplane tow market is estimated to be valued at US$ XX million in 2018 and is projected to reach US$ XX million by 2030, registering a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for air travel, rising number of aircraft deliveries, and growing adoption of towbarless tractors. However, factors such as high installation cost and lack of awareness about new technologies are expected to restrain the growth of the market during the forecast period. Based on type, the global airplane tow market has been segmented into towbarless tractors and conventional tractors. Towbarless tractors are expected to account for a larger share in terms of revenue in 2018 owing to their advantages over conventional tractors such as low weight & size, easy maneuverability around tight spaces, reduced wear & tear on landing gear components due to lower contact pressure with ground surfaces etc., which make them suitable for use in both military and civil aviation applications. Based on application, the global airplane tow market has been segmented into military aviation and civil aviation. Civil aviation is anticipated witness higher growth duringthe forecast period owingto increasein air travel across different regions worldwide .
Product Definition:
An airplane tow is a device or system used to move an airplane from one place to another, usually on the ground. This can be done with a tractor or cart, or with some type of apparatus that attaches to the airplane and pulls it along. Airplane tows are important for moving airplanes around airports and other areas where they need to be kept safe and secure.
Towbarless Tractors:
Towbars are attached to the rear of the vehicle and used for towing or pushing other vehicles. The absence of a towbar in tractors is one of its prominent features, which sets it apart from other types of farm equipment.
The primary function performed by a towbar is to connect the front bumper or fender assembly on one end and another vehicle's rear bumper or trailer on the other end so as to form an uninterrupted chain between them.
Conventional Tractors:
Conventional tractors are the most basic type of tow vehicles. They are used to pull other vehicles or trailers for farming, construction, and similar activities. Conventional tractors can be equipped with a wide range of attachments including tillage, seeders, loaders/wheeler combination units (WPU), sprayers and others.
Application Insights:
The civil aviation segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for passenger aircraft, owing to increasing disposable income levels coupled with rising population is anticipated to drive the demand for tractors in this application segment. Furthermore, a rise in air traffic due to an increase in passengers traveling across various cities globally has led major airlines including Lufthansa and Air France KLM Group¢â‚¬â„¢s family of companies, which include Eurowings and Brussels Airlines., are investing significantly in new aircraft fleets thereby fueling growth over the forecast period.
The military segment accounted for a considerable share of revenue on account of high government spending on defense equipment & services worldwide particularly from Middle East countries such as Saudi Arabia., UAE., Oman etc.
Regional Analysis:
North America dominated the global air plane tow market in 2016 and is expected to continue over the forecast period. The growth of this region can be attributed to increasing demand for heavy-duty aircraft tractors from various end-users such as military, civil aviation and mining industry. In addition, growing need for airport expansion is also anticipated to drive the regional product demand over the forecast period.
The Asia Pacific region is projected to witness significant growth during the forecast years owing to rapid development of airports in China and India coupled with rising passenger traffic across all sectors including civil aviation, defense & space, tourism etc. Furthermore, increasing number of new projects are being undertaken by governments at both state level as well as central level in India which will boost infrastructure development activities thereby driving product demand further over the next eight years.
Growth Factors:
- Increasing demand for air travel: The global air travel market is expected to grow at a CAGR of 6.4% from 2016 to 2021, reaching a total value of 4 billion by 2021. This growth is being driven by the increasing number of passengers travelling by air, rising disposable incomes in developing countries, and the development of new airports and aviation infrastructure.
- Growing demand for Airplane Tow services: Airlines are increasingly outsourcing their ground handling operations to specialist service providers in order to reduce costs and improve efficiency. This is driving demand for Airplane Tow services, which are essential for safe and efficient aircraft ground handling operations.
- Technological advancements: The Airplane Tow market is witnessing rapid technological advancements with the advent of new technologies such as electric tow tractors and autonomous tow vehicles that are helping airlines improve operational efficiency and reduce costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Airplane Tow Market Research Report
By Type
Towbarless Tractors, Conventional Tractors, Other
By Application
Military, Civil Aviation
By Companies
JBT Corporation, Eagle Tugs, Kalmar Motor AB, TLD, Weihai Guangtai, MULAG Fahrzeugwerk, Goldhofer, TowFLEXX, VOLK, Mototok, LBTC, SIMAI, ATA Srl, TREPEL, 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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Airplane Tow Market Report Segments:
The global Airplane Tow market is segmented on the basis of:
Types
Towbarless Tractors, Conventional Tractors, Other
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:
- JBT Corporation
- Eagle Tugs
- Kalmar Motor AB
- TLD
- Weihai Guangtai
- MULAG Fahrzeugwerk
- Goldhofer
- TowFLEXX
- VOLK
- Mototok
- LBTC
- SIMAI
- ATA Srl
- TREPEL
- Airtug LLC
- Flyer-Truck
- DJ Products
Highlights of The Airplane Tow 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
- Other
- 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 Airplane Tow 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.
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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?
Airplane tow is a service that allows you to have your car towed from the airport to your destination.
Some of the major players in the airplane tow market are JBT Corporation, Eagle Tugs, Kalmar Motor AB, TLD, Weihai Guangtai, MULAG Fahrzeugwerk, Goldhofer, TowFLEXX, VOLK, Mototok, LBTC, SIMAI, ATA Srl, TREPEL, Airtug LLC, Flyer-Truck, DJ Products.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airplane Tow Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Airplane Tow Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airplane Tow Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Airplane Tow Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Airplane Tow Market Size & Forecast, 2018-2028
4.5.1 Airplane Tow Market Size and Y-o-Y Growth
4.5.2 Airplane Tow Market Absolute $ Opportunity
Chapter 5 Global Airplane Tow Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Airplane Tow Market Size Forecast by Type
5.2.1 Towbarless Tractors
5.2.2 Conventional Tractors
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Airplane Tow Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Airplane Tow Market Size Forecast by Applications
6.2.1 Military
6.2.2 Civil Aviation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airplane Tow Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Airplane Tow Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Airplane Tow Analysis and Forecast
9.1 Introduction
9.2 North America Airplane Tow Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Airplane Tow Market Size Forecast by Type
9.6.1 Towbarless Tractors
9.6.2 Conventional Tractors
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Airplane Tow Market Size Forecast by Applications
9.10.1 Military
9.10.2 Civil Aviation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Airplane Tow Analysis and Forecast
10.1 Introduction
10.2 Europe Airplane Tow Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Airplane Tow Market Size Forecast by Type
10.6.1 Towbarless Tractors
10.6.2 Conventional Tractors
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Airplane Tow Market Size Forecast by Applications
10.10.1 Military
10.10.2 Civil Aviation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Airplane Tow Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Airplane Tow Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Airplane Tow Market Size Forecast by Type
11.6.1 Towbarless Tractors
11.6.2 Conventional Tractors
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Airplane Tow Market Size Forecast by Applications
11.10.1 Military
11.10.2 Civil Aviation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Airplane Tow Analysis and Forecast
12.1 Introduction
12.2 Latin America Airplane Tow Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Airplane Tow Market Size Forecast by Type
12.6.1 Towbarless Tractors
12.6.2 Conventional Tractors
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Airplane Tow Market Size Forecast by Applications
12.10.1 Military
12.10.2 Civil Aviation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Airplane Tow Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Airplane Tow Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Airplane Tow Market Size Forecast by Type
13.6.1 Towbarless Tractors
13.6.2 Conventional Tractors
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Airplane Tow Market Size Forecast by Applications
13.10.1 Military
13.10.2 Civil Aviation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Airplane Tow Market: Competitive Dashboard
14.2 Global Airplane Tow Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JBT Corporation
14.3.2 Eagle Tugs
14.3.3 Kalmar Motor AB
14.3.4 TLD
14.3.5 Weihai Guangtai
14.3.6 MULAG Fahrzeugwerk
14.3.7 Goldhofer
14.3.8 TowFLEXX
14.3.9 VOLK
14.3.10 Mototok
14.3.11 LBTC
14.3.12 SIMAI
14.3.13 ATA Srl
14.3.14 TREPEL
14.3.15 Airtug LLC
14.3.16 Flyer-Truck
14.3.17 DJ Products
