July 3, 2019

Aircraft Towbars Market: Airlines Emphasis on Operational Time Reduction to Create Demand

Fact.MR’s report on the aircraft towbar market is an all-inclusive compilation of valuable & actionable insights. A detailed assessment on the aircraft towbar market has been delivered in the report, which include analysis on key dynamics including drivers, trends, opportunities and restraints, affecting current and future growth of the aircraft towbar market. Primary objective of the report is to offer its readers with authentic intelligence on aircraft towbar market that aids them in aggregating and slating possible strategies based on the holistic insights offered on aircraft towbar market. This further aids the report readers in aligning well with changing dynamics of the aircraft towbar market.

The sluggishness in the aircraft towbar market continues in 2018 as well, with global demand likely to grow by just 44 units over 2017. According to a new Fact.MR study, a combination of multi-pronged factors, ranging from concerns about ground support inefficacy to rising procurement costs is likely to impact the prospects of the market.

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Aircraft Towbar Market Witnessing Proliferation of Electric Variants

Substantial efforts have been taken by gasoline-powered aircraft towbar makers for enhancing its reliability and ease-of-handling. However, these are deemed inefficient in offsetting the reliability of the relatively newer concept - electric aircraft towbars. Preference of airlines is currently witnessing a paradigm shift toward battery-powered electric aircraft towbars, to eliminate the routine maintenance requirements associated with their gasoline counterparts. With improvements in battery technologies, from low-density lead-acid to high energy lithium-ion with SiC films, the aviation industry is gradually leaning toward electric ground support equipment, thereby impacting adoption and production of electric aircraft towbar as a consequence.

The report provides a systematic representation of important segments in the aircraft towbar market, with the help of a taxonomy table. The aircraft towbar market is primarily segmented in terms of product type, material type, aircraft type, tow-head type, towbar mechanism, and region. Multi-head aircraft towbar and standard/universal aircraft towbars are key product type segments analyzed in the aircraft towbar market. The report classified the materials used for production of aircraft towbars into aluminum and steel. Aircraft types analyzed in the aircraft towbar market include executive jet, civil aircraft, cargo aircraft, and military aircraft. Shear pin and clamp are the two tow-head types examined in the aircraft towbar market. The report segments the towhead mechanism of aircraft towbars into conventional and electric. The report has categorized the aircraft towbar market regionally into CIS & Russia, Japan, Middle East & Africa, Asia-Pacific excluding Japan, Europe, Latin America, and North America.

Fact.MR’s report on the aircraft towbar market offers holistic intelligence on demand and supply trends of aircraft towbar worldwide, along with an in-depth assessment on the aircraft towbar market’s competitive landscape. Comprehensive data on prominent as well as emerging aircraft towbar manufacturers has been offered, along with analysis on their company overview, product overview, key financials and key developments. Key aircraft towbar market players profiled in the report include Tronair, Brackett Aircraft Company Inc., K&M Airporttechnik, Techman-Head Group, and others.

Additional Questions Answered

The report also provides answers to other important questions related to aircraft towbar market, such as -

  • Why sales of standard/universal aircraft towbar are outpacing that of multi-head aircraft towbar?
  • How many units of aluminum-based aircraft towbars will be sold by 2028-end?
  • Which type of aircraft will hold largest volume share of the aircraft towbar market?
  • By what rate is electric aircraft towbar sale outpacing their conventional counterparts?
  • What will be the growth rate of aircraft towbar market in APEJ?

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