Aircraft Tugs Market Sales Revenue To Significantly Increase In Next Few Years

The global aircraft tugs market is projected to expand at a steady CAGR of more than 4% over the 2021 to 2031 assessment period. Though diesel aircraft tugs are the most widely used, emergence of electric aircraft tugs is lending impetus to market growth.

A specified study of the competitive landscape of the global Aircraft Tugs Market has allow, providing insights into the corporate profiles, financial position, recent developments, mergers and acquisitions, and therefore the SWOT analysis. This analysis report will provide a patent subject to reader’s concern regarding the overall market situation to further choose on this market project.

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The report discusses in detail the various important aspects of the Aircraft Tugs market. The report has an intelligent insight on critical aspects that are essential to good growth in the Aircraft Tugs market. Some of these features include market size, growth, revenue, sales, demand, risks, threats, opportunities, economic forecast and history, and much more. The report is based on factual data assessed by our research analysts to give our clients a complete overview of the Aircraft Tugs market landscape and prepare a business canvas accordingly.

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By Product:

• Conventional/Towbar Aircraft Tugs
• Towbarless Aircraft Tugs

By Handling Capacity:

• Up to 50 Ton Power Aircraft Tugs
• 51-150 Ton Power Aircraft Tugs
• 151-260 Ton Power Aircraft Tugs
• More than 260 Ton Power Aircraft Tugs

Market Segment by Regions, regional analysis covers:

• North America
• Latin America
• Europe
• Japan
• Asia Pacific excluding Japan
• Middle East & Africa

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Competitive Landscape

The worldwide aircraft tugs market is moderately competitive in nature, with the presence of a large number of players operating in the landscape. Major players are taking steps to expand their businesses and their market share. During the forecast period, foreign players are expected to expand their presence through acquisitions. Improvements in the global economic situation and expanding aviation industry in emerging economies are expected to drive market growth, encouraging players to launch new products across regions.

Some of the key players in the aircraft tugs market are:

• Textron GSE
• JBT Corporation
• TREPEL Aircraft Equipment GmbH
• TLD Group SAS
• Kalmar Motor AB
• Mulag Fahrzeugwerk Heinz Wössner GmbH u. Co. KG
• Tronair Inc.
• Mototok International GmbH
• Airtug LLC
• Goldhofer AG

Targeted acquisitions and improved product offerings with advanced technology are key for sustaining in the market.

• JBT Corporation teamed up with ADVEEZ to provide improved ground support equipment monitoring and location tracking on its GSE products. Through this merger, JBT offers factory-installed ADVEEZ FAMA systems on many of its products such as pushback tractors, loaders, deicers, and others.
• TREPEL Aircraft Equipment GmbH acquired Towbarless Technology from GHH for growing its position to offer customers the whole range of aircraft tractors – conventional aircraft tugs as well as towbarless aircraft tugs. All kinds of aircraft moving, from pushback to high speed maintenance towing, can be performed by a TREPEL tractor.
• TLD announced a partnership with EasyMile to develop TractEasy, which is the first autonomous baggage tractor. JET-16 is a standard in zero-emission ramp solution suiting a wide range of applications, from airport baggage handling to industrial uses. It offers a drawbar pull ranging from 3,500 lb to 4,400 lb. It allows progressive acceleration, high speeds over long distances, and overall excellent towing performances.

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Reasons why you should buy this report:

Understand the Current and future of the Aircraft Tugs Market in both Established and emerging markets.
The report assists in relocating the business strategies by accentuate the Aircraft Tugs business priorities.
The report throws light on the segment anticipated to dominate the Aircraft Tugs industry and market.
Forecasts the regions expected to perceive ascension.
The newest developments within the Aircraft Tugs industry and details of the industry leaders alongside their market share and methods.
Saves time on the entry-level research as the report contains significant data concentrating growth, size, key players, and segments of the industry.
Save time carrying out entry-level research by characterizing the growth, size, major players and segments within the Global Market.

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