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US Airport Tugs Market Size, Industry Analysis, Share, Revenue, Outlook And Forecast Report To 2025

By Digvijay Chakravarty 04 May 2020 Top stories,Business

The Airport Tugs are mainly support vehicles which are used at the airports to push the airplane or aircraft backward away from the airport gateway. Generally, some of the aircrafts on the ground are unable to move in reverse direction without the use of the several aircraft tugs which provide ground support to airplanes across the world. In case, the airplane is required to shift to another place on the airport ground, then it will not be cost effective to start the engine. So, tugs will perform that job more efficiently both as safety perspective as well as a cost standpoint.

Increase in air transportation across the world and growing need to replace aging equipment are the major factors driving the growth in Global Aircraft Tugs Market. However, aircraft tugs are operation specific, they are designed to perform specific tasks, therefore they cannot be used for another operations which is expected to hamper the market growth.

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The aircraft tugs have numerous applications and these tugs play an important role in the ground support services since they move immovable equipment. Moreover, growing trend of environment friendly tugs is expected to drive the global market in the near future.

The leading Market players mainly include-

TUG Technologies Corporation, LEKTRO, Flyer Truck, AIRTUG, Goldhofer, TLD Products, Eagletug, Global Ground Equipment, Volk, Harlan Global Manufacturing

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Electric Aircraft Tug <4,000 lbs, Electric Aircraft Tug <6,000 lbs, Electric Aircraft Tug <8,000 lbs, Gas Aircraft Tug <8,000 lbs, Electric Aircraft Tug <16,000 lbs, Gas Aircraft Tug <16,000 lbs, Gas Aircraft Tug (Dual Nose Wheel Aircraft) <16,000 lbs, Other

By Application:

Single Piston Aircraft, Twin Engine Aircraft, Turboprops and Light Jets, Midsize Jets, Long Range Jets, Very Long-Range Jets, Helicopter, Other

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The regional analysis of Aircraft Tugs market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In region such as Asia-Pacific, Middle-East and Africa, rise in usage of passenger vehicles set the growth in Aircraft Tugs market over the forecasted period 2018-2025. Asia-Pacific is estimated to hold a prominent share of the Aircraft Tugs market. Developing countries, such as India and China, are significant players boosting the demand for the Aircraft Tugs. Europe, North America and the Middle East and Africa are continuously witnessing infrastructural growth which fueling the demand of Aircraft Tugs over the coming years. Asia Pacific region is contributing towards the growth of global Aircraft Tugs market and anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

Table of Contents:

Study Coverage: It includes study objectives, years considered for the research study, growth rate and Aircraft Tugs market size of type and application segments, key manufacturers covered, product scope, and highlights of segmental analysis.

Executive Summary: In this section, the report focuses on analysis of macroscopic indicators, market issues, drivers, and trends, competitive landscape, CAGR of the global Aircraft Tugs market, and global production. Under the global production chapter, the authors of the report have included market pricing and trends, global capacity, global production, and global revenue forecasts.

Aircraft Tugs Market Size by Manufacturer: Here, the report concentrates on revenue and production shares of manufacturers for all the years of the forecast period. It also focuses on price by manufacturer and expansion plans and mergers and acquisitions of companies.

Production by Region: It shows how the revenue and production in the global market are distributed among different regions. Each regional market is extensively studied here on the basis of import and export, key players, revenue, and production.

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Digvijay Chakravarty

Digvijay Chakravarty presently develops content for a slew of portals, including businessstatsnews and Industry Stats Report. A post graduate in mathematics and business administration. As a content writer, he currently writes articles pertaining to the latest industry news, business trends, and market research.

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