Market Overview:
The global light aircraft tractor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for light aircraft tractors in civil and military aviation applications. Additionally, the growing number of air passengers is also propelling the demand for light aircraft tractors across the globe. North America dominates the global light aircraft tractor market, followed by Europe and Asia Pacific.
Product Definition:
A light aircraft tractor is a vehicle used to tow an aircraft. The importance of light aircraft tractors is that they allow planes to be towed from one airport to another, which can save on the cost of using a jet or other form of transportation.
Towbarless:
Towbarless aircraft is an airplane without a central pole or mainframe through which the chains can be attached to pull it into land. The first towbarless aircraft was designed by German engineer August Dornier in February 1923, and he patented his design in England. However, the patent was not enforced until after World War II.
With Towbar:
With towbar is a device that is used to connect the aircraft to the ground transport. It consists of a bar, which is connected by chains or ropes to two hooks at the rear of the aircraft. The other end of this chain or rope is connected to one of two vehicles (tow truck or car).
The towbar has an advantage over traditional winch systems in that it does not require any mechanical connections between vehicle.
Application Insights:
The civil aviation segment held the largest share of 53.5% in 2017 and is expected to witness significant growth over the forecast period. The rise in air passenger traffic, especially across emerging economies such as India and China, has resulted in a spurt in demand for light aircraft tractors for use by airlines as ground support equipment at airports. In addition, an increase in air travelers from low-cost carriers is likely to fuel demand further over the coming years.
Light aircraft tractors are used extensively across military applications owing to their ability to transport troops and material with ease at short distances while avoiding large airports and other landing strips that are prone to closure during inclement weather conditions or when required by security agencies on high alertness levels.
Regional Analysis:
North America dominated the global light aircraft tractor market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of prominent aircraft manufacturers such as Cessna Aircraft Company and Beechcraft Corporation, which caters to around 80% of general aviation demand across North America.
Asia Pacific regional market captured a significant share in 2017 and was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is growing at a rapid pace, owing to the increasing number of passengers travelling for both business and leisure purposes. This is expected to drive the demand for light aircraft tractors in the coming years.
- Growing popularity of private jets: The popularity of private jets is on the rise, as they offer greater comfort and privacy than commercial flights. This is likely to boost the demand for light aircraft tractors in the near future.
- Proliferation of small airports: There has been a proliferation of small airports across emerging economies in recent years, due to rising passenger traffic and economic growth rates. This is expected to create opportunities for light aircraft tractor manufacturers in these regions over the next few years.
- Rising investments in airport infrastructure: Airport authorities are investing heavily in new airport infrastructure projects across different parts of the world, which is likely to spur demand for light aircraft tractors over the next few years . 5) Technological advancements: Aircraft manufacturers are increasingly adopting advanced technologies such as 3D printing and composites materials that help reduce weight and improve fuel efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Aircraft Tractor Market Research Report
By Type
Towbarless, With Towbar
By Application
Civil Aviation, Military Aviation
By Companies
Goldhofer AG, TUG, TLD group, TREPEL, Eagle Tugs, Douglas, Nepean, JBT Aero, Lektro, Kalmar Motor AB, Charlatte Manutention, Weihai Guangtai
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 Light Aircraft Tractor Market Report Segments:
The global Light Aircraft Tractor market is segmented on the basis of:
Types
Towbarless, With Towbar
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
Civil Aviation, Military 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:
- Goldhofer AG
- TUG
- TLD group
- TREPEL
- Eagle Tugs
- Douglas
- Nepean
- JBT Aero
- Lektro
- Kalmar Motor AB
- Charlatte Manutention
- Weihai Guangtai
Highlights of The Light Aircraft Tractor 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
- With Towbar
- By Application:
- Civil Aviation
- Military 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 Light Aircraft Tractor 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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- Consumer Insights
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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?
A light aircraft tractor is a type of aircraft that is used to tow other aircraft.
Some of the major players in the light aircraft tractor market are Goldhofer AG, TUG, TLD group, TREPEL, Eagle Tugs, Douglas, Nepean, JBT Aero, Lektro, Kalmar Motor AB, Charlatte Manutention, Weihai Guangtai.
The light aircraft tractor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light Aircraft Tractor 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 Light Aircraft Tractor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Light Aircraft Tractor 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 Light Aircraft Tractor 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 Light Aircraft Tractor Market Size & Forecast, 2020-2028
4.5.1 Light Aircraft Tractor Market Size and Y-o-Y Growth
4.5.2 Light Aircraft Tractor Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Towbarless
5.2.2 With Towbar
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Civil Aviation
6.2.2 Military Aviation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Light Aircraft Tractor 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 Light Aircraft Tractor 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Towbarless
9.6.2 With Towbar
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 Market Size Forecast by Applications
9.10.1 Civil Aviation
9.10.2 Military 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Towbarless
10.6.2 With Towbar
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 Market Size Forecast by Applications
10.10.1 Civil Aviation
10.10.2 Military 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Towbarless
11.6.2 With Towbar
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 Market Size Forecast by Applications
11.10.1 Civil Aviation
11.10.2 Military 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Towbarless
12.6.2 With Towbar
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 Market Size Forecast by Applications
12.10.1 Civil Aviation
12.10.2 Military 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Towbarless
13.6.2 With Towbar
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) Market Size Forecast by Applications
13.10.1 Civil Aviation
13.10.2 Military 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 Light Aircraft Tractor Market: Competitive Dashboard
14.2 Global Light Aircraft Tractor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Goldhofer AG
14.3.2 TUG
14.3.3 TLD group
14.3.4 TREPEL
14.3.5 Eagle Tugs
14.3.6 Douglas
14.3.7 Nepean
14.3.8 JBT Aero
14.3.9 Lektro
14.3.10 Kalmar Motor AB
14.3.11 Charlatte Manutention
14.3.12 Weihai Guangtai
