Market Overview:
The global electric airplane 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 airplane tugs from military and civil aviation applications. Additionally, the increasing adoption of towbarless tractors is also contributing to the growth of this market. However, factors such as high initial cost and lack of awareness about electric airplane tugs are restraining its growth in certain regions. The global electric airplane tugs market can be segmented on the basis of type into towbarless tractors and conventional tractors. Towbarless tractors are expected to witness higher growth during the forecast period owing to their advantages over conventional tractor trailers such as improved fuel efficiency and reduced emissions. The global electric airplane tug market can also be segmented on the basis of application into military aviation and civil aviation segments respectively.
Product Definition:
Electric airplane tugs are used to tow airplanes. They are important because they make it easy to move planes around the airport.
Towbarless Tractors:
Towbarless tractors are motor vehicles without a tow bar. They have wheels instead of a towing vehicle having a stronger engine and more traction than conventional wheeled vehicles. The first recorded instance of the use of towbarless tractors was in the year 1929 when an American farmer named Lyman Johnson designed and built his own prototype which he called “Red Wagon”.
Conventional Tractors:
Conventional tractors are the most basic type of farm equipment. It is a motor vehicle with fixed wheels and attached implements such as a plow, seeder, or harrow. The conventional tractor has been used for many years and it's usage is increasing in the electric airplane tugs market due to its low cost & easy availability.
Application Insights:
The military aircrraft tug market is expected to register the highest CAGR of XX% from 2018 to 2030 owing to the growing demand for electric airplanes in defense applications. The U.S., China, Russia, and France are developing and producing electric aircraft with various specifications such as single-aisle or multiple-aisle passenger cabin class, range capability, takeoff weight ceiling and price among other factors that will determine their demand in civil aviation over the forecast period.
Civil aviation application segment accounted for a significant share of 49% in 2017 owing to increasing number of airlines adopting green initiatives by replacing conventional jet engines with electric motors that produce no emissions during take off or landing operations making them eco-friendly aircrafts capable of operating on existing airports without any additional infrastructure modifications required by airport authorities before allowing such planes on runways.
Regional Analysis:
North America dominated the global electric airplane tug market in 2016 with a revenue share of over 35%. The growth can be attributed to the presence of prominent aircraft maintenance service providers such as CAE Inc. and GE Aviation, along with high demand for fuel-efficient equipment. Moreover, rising concerns regarding greenhouse gas emissions and growing need for reducing carbon footprints are expected to drive product demand in this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing number of new investments by manufacturers such as Siemens AG and Alstom in India, China, Japan, South Korea & Taiwan for setting up manufacturing facilities that produce electric airplane tugs at a cost-effective price coupled with rising awareness about environment protection issues among customers. This factor is projected to boost regional product demand during the forecast period from 2017 to 2030 ending on July 2017 when this article was written).
Growth Factors:
- Increasing demand for electric airplanes from the commercial and general aviation sectors
- Rising popularity of electric aircraft among airlines and airports
- Proliferation of low-cost, short-haul flights, which is boosting the demand for electric airplane tugs
- Stringent environmental regulations to promote the use of electric vehicles in various industries
- Technological advancements that are making electric airplane tugs more efficient and reliable
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Airplane Tugs Market Research Report
By Type
Towbarless Tractors, Conventional Tractors
By Application
Military Aircraf, 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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Electric Airplane Tugs Market Report Segments:
The global Electric Airplane 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 Aircraf, 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 Airplane 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 Aircraf
- 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 Airplane 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
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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 airplane tugboats are vessels that use electric motors to power their propellers. They are used to move airplanes and other large aircraft around airports and naval bases.
Some of the major companies in the electric airplane 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 airplane tugs market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Airplane Tugs 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 Electric Airplane Tugs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Airplane Tugs 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 Electric Airplane Tugs 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 Electric Airplane Tugs Market Size & Forecast, 2018-2028
4.5.1 Electric Airplane Tugs Market Size and Y-o-Y Growth
4.5.2 Electric Airplane Tugs Market Absolute $ Opportunity
Chapter 5 Global Electric Airplane Tugs 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 Electric Airplane Tugs Market Size Forecast by Type
5.2.1 Towbarless Tractors
5.2.2 Conventional Tractors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Airplane Tugs 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 Electric Airplane Tugs Market Size Forecast by Applications
6.2.1 Military Aircraf
6.2.2 Civil Aviation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Airplane Tugs 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 Electric Airplane Tugs 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 Electric Airplane Tugs Analysis and Forecast
9.1 Introduction
9.2 North America Electric Airplane Tugs 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 Electric Airplane Tugs Market Size Forecast by Type
9.6.1 Towbarless Tractors
9.6.2 Conventional Tractors
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 Electric Airplane Tugs Market Size Forecast by Applications
9.10.1 Military Aircraf
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 Electric Airplane Tugs Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Airplane Tugs 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 Electric Airplane Tugs Market Size Forecast by Type
10.6.1 Towbarless Tractors
10.6.2 Conventional Tractors
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 Electric Airplane Tugs Market Size Forecast by Applications
10.10.1 Military Aircraf
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 Electric Airplane Tugs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Airplane Tugs 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 Electric Airplane Tugs Market Size Forecast by Type
11.6.1 Towbarless Tractors
11.6.2 Conventional Tractors
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 Electric Airplane Tugs Market Size Forecast by Applications
11.10.1 Military Aircraf
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 Electric Airplane Tugs Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Airplane Tugs 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 Electric Airplane Tugs Market Size Forecast by Type
12.6.1 Towbarless Tractors
12.6.2 Conventional Tractors
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 Electric Airplane Tugs Market Size Forecast by Applications
12.10.1 Military Aircraf
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) Electric Airplane Tugs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Airplane Tugs 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) Electric Airplane Tugs Market Size Forecast by Type
13.6.1 Towbarless Tractors
13.6.2 Conventional Tractors
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) Electric Airplane Tugs Market Size Forecast by Applications
13.10.1 Military Aircraf
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 Electric Airplane Tugs Market: Competitive Dashboard
14.2 Global Electric Airplane Tugs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lektro
14.3.2 Eagle Tugs
14.3.3 JBT Aero
14.3.4 Kalmar Motor AB
14.3.5 TLD
14.3.6 Weihai Guangtai
14.3.7 MULAG Fahrzeugwerk
14.3.8 GOLDHOFER
14.3.9 TowFLEXX
14.3.10 VOLK
14.3.11 Mototok
14.3.12 Airtug LLC
14.3.13 Flyer-Truck
14.3.14 DJ Products
