Aircraft Tugs Market Outlook and Forecasted Analysis Through 2027

Aircraft tugs with towbars have prevailed as a traditional go-to equipment for towing aircrafts. However, the aircraft tugs with towbars have been associated with limited speed, cost-intensive staff training, and time-intensive installation. Recognizing these concerns the aircraft tugs manufacturers have been joining forces for the development of advanced solution to offset operational risks and uncertainties related to towing aircrafts. This has further led the development of towbarless aircraft tugs. Collaborative development of eJP Towbarless Tug by Eagle and Tronair is a key example of such development in the recent past.

Growing GSE Investment Owing to New Schedule of IATA for ISAGO Audits

Airline continue to face a wide range of challenges, including design and productivity, apropos of the ground support equipment (GSE), which has driven the requirement for multi-pronged approaches. These approaches include improved staff training methods, emphasis on new technologies, and better safety audits. Sensing beneficial prospects of global standards associated with GSE policies and procedures, the Safety Audit for Ground Operations (ISAGO) model was introduced by the IATA in 2008.

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IATA has recently rescheduled the model, retaining previous goals of the auditor efficiency and training/qualification, improved ground safety, and elimination of duplicate audits. Improvements in ground safety is estimated by the IATA to save nearly US$ 4 billion every year. This has led GSE manufacturers to focus on investments associated with design & development of equipment, including aircraft tugs. Focus of the aircraft tugs manufacturers is now witnessing shift toward optimizing solutions to deliver intelligence that extends beyond the equipment’s location and status.

Electric Aircraft Tugs to Gain Rapid Momentum

Ease-of-handling and reliability of the electric aircraft tugs, a relatively newer development, is significantly higher than the gasoline-based and gas-based aircraft tugs. As a result, airlines are now focusing on the use of electric aircraft tugs, to rid routine maintenance requirements linked with the gasoline- and gas-powered variants. Improvements in the battery technology, from the low-density lead-acid batteries to high-flux lithium ion batteries with SiC films, has led the gradual inclination of the aviation industry to electric GSE. Prominent aircraft tugs market players have already launched electric aircraft tugs, such as E200 of Aero-Tow, ThunderVolt of PowerTow, and Dragger’s Nose-Dragger NDE-1. Electric aircraft tugs are expected to become the primary choice of equipment to tow aircrafts in the near future.

Self-Driving Vehicle Technology to be a Key Focus Area of Development

Self-driving vehicle technology has been witnessing robust application in the development of aircraft tugs to facilitate aircraft towing at busy aircrafts. Airline field operators and GSE equipment manufacturers have been focusing on the development of self-driving aircraft tugs, supervised by ATC controllers, ground crew, or pilots. Increased concentration on ensuring effecting and safe towing of aircraft in highly dynamic environment. Self-driving aircraft tugs are likely witness bright future prospects, with the potential for significant reduction in fuel emissions, community noise, and fuel costs, meanwhile addressing added complexity of the air terminal operations.

Strong Emphasis of Airlines on Curtailing Operational Time

Rise in airport expansion worldwide continue to favor growth of the GSE equipment industry, and aircraft tugs are no exception. The IATA estimates over 50% of the global population to prefer air travel by the end of 2036, which has led airports worldwide to focus more on efficient utilization and optimization of GSE, thereby impacting aircraft tugs development and sales. Emphasis on reduction in service time per flight that varies with greater rate of air traffic has led to fast replacement of aircraft tugs with towbars with towbarless aircraft tugs. In addition, preference is witnessing a shift from gasoline-based aircraft tugs to electric aircraft tugs for resolving bottlenecks as well as delays in processes, thereby reducing operational costs as a consequence.

 Competition Landscape

Fact.MR’s report offers a comprehensive assessment of the aircraft tugs market’s competition landscape, and identified and profiles key aircraft tugs manufacturers. Presence of the aircraft tugs market players has been tracked and portrayed via an intensity map. A dashboard view of the aircraft tugs market players has also been offered in the report.

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The report offers a detailed analysis on the company overview, product overview, recent development and key financial of the aircraft tugs market players. A SWOT analysis has also been offered on each aircraft tugs market player profiled in the report. Key aircraft tugs market players profiled in the report include Textron GSE, JBT Corporation, TREPEL Aircraft Equipment GmbH, TLD Group SAS, and LEKTRO, Inc.

Key Developments of Aircraft Tugs Market Players:

  • Lufthansa Airlines and Fraport AG have joined forces to co-test an aircraft tug that can be remotely-operated. This e-vehicle is relatively compact compared to the other conventional aircraft tugs, can be charged and stationed in fixed parking positions. This remotely-operated aircraft tug is designed for use in the entire Boeing 737 and A320 family.
  • Air France has recently launched two new aircraft tugs, TPX-200-MTX. Aim of Air France behind development of these new-generation aircraft tugs is to tow larger aircrafts of the company, except A380.
  • Eagle and Tronair have together developed an electric aircraft tug named “eJP-10”, which is powered by the dual AC electric drive motor. This aircraft tug emphasizes the Zero Degree Technology for the industry-leading turning capability.

 Definition

Aircraft tugs are an integral part of the ground service equipment, used for towing aircraft after their landing, so as to save gasoline consumption. Aircraft tugs are basically used to tow aircrafts in the airline fields, from gate to inspection and maintenance facilities. Aircraft tugs majorly are divided into towbar and towbarless. Energy source of aircraft tugs are diesel, gas, and electric.

About the Report

The report offers holistic insights on the aircraft tugs market for the period of forecast between 2018 and 2027. Size of the aircraft tugs market has been evaluated in terms of volume (units) and value (US$ Mn). A scrutinized assessment on the aircraft tugs market has also been offered, which includes key dynamics such as growth opportunities, trends, confinements and drivers, impacting the aircraft tugs market.

The main aim of the aircraft tugs market report is to deliver clients with authentic intelligence on the aircraft tugs market. This would further aid them in in devising effective strategies for expansion their businesses in the aircraft tugs market. The report also aids readers to align well with changing dynamics of the aircraft tugs market.

An overview of the aircraft tugs market has been provided in the report to aid readers in understanding current as well as future growth potential of the aircraft tugs market. Clients can leverage the insights offered in the aircraft tugs market report to take informed steps for future direction of their businesses, and make proper investment decisions in the aircraft tugs market.

Segmentation

The report offers an exhaustive segmental analysis on the aircraft tugs market. Key segments of the aircraft tugs market have been represented methodically through a taxonomy table. Important numbers associated with the market segments have been offered in the report, which include CAGR, revenues, volume, and market share in terms of value and volume.

Readers of the aircraft tugs market report can also gain information on revenue comparison, Y-o-Y growth comparison, and market share comparison of all the segments of aircraft tugs market identified. A country- and regional-level analysis has also been offered on the aircraft tugs market segments and their sub-segments.

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The report has primarily divided the market categorically into type, handling capacity, aircraft type, fuel, and region. The report has split the aircraft tugs market based on region into North America, Latin America, Asia-Pacific excluding Japan (APEJ), Europe, Middle East & Africa (MEA), and Japan.

 Research Methodology

A robust, tested & proven, research methodology forms the base for insights and forecast offered on the aircraft tugs market in the report. Exhaustive secondary research and comprehensive primary interview have been carried out for gaining credible information on the aircraft tugs market. Insights gained from the primary research have been used for validating the data acquired from secondary researches. The report serves as a credible source of intelligence on the aircraft tugs market, which enables the clients to make fact-based decision for their business growth in the aircraft tugs market.

 About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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