Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

Sales of Aircraft Pushback Tugs Surged on the Back of Up-Gradation & Expansion of Airport Infrastructure, COVID-19 Outbreak to Halt Production: FMI

Sales of Aircraft Pushback Tugs Surged on the Back of Up-Gradation & Expansion of Airport Infrastructure, COVID-19 Outbreak to Halt Production: FMI 1

The growing airline sector is anticipated to boost the requirement for new aircraft & airport ground support equipment (GSE).This is projected to impel the aircraft pushback tugs market at a substantial pace during the assessment period. Moreover, the number of new airports is rising in developing nations. The up-gradation and expansion of airport infrastructure will fuel the aircraft pushback tugs market during the assessment period, 2018-2028.

Aircraft Pushback Tugs Market: New Developments and Product Innovations

Aircraft tugs have progressed from their roots as converted work trucks and farm tractors. They are technologically progressed machines that are customized to a definite function of securely moving aircraft on the ground. Earlier accessible as omni-directional units, tractor style, and manned pushback style that contain and lift the aircraft’s nose landing gear, is now accessible as remotely operated electric units.

To remain ‘ahead’ of your competitors, request for a sample>>>

As markets dictate progressions in technology, pushback tug operators required a more user friendly and faster machine than traditional tractor tugs. Mototok Company launched, Spacer 8600, an automatic guided vehicle (AGV) that simplifies the pushback operation with a basic interface, and doesn’t necessitate an additional license to maneuver. This, in turn, lets more members of ground handling personnel execute with the push of a button and significantly reduce delays.

Moreover, these machines can place themselves accurately every single time, pushback at a regulated pace, and come back to docking autonomously.

COVID-19 Impact Analysis

The COVID-19 outbreak has had a severe and swift impact on all industries globally including the aircraft pushback tugs market. Indications include a disruption in Chinese components exports, large scale production interruptions all over Europe, and the shutdown of assembly plants in the United States. This is strongly pressurizing on the industry already coping with a downshift in worldwide demand, and probably leading to increased M&A exercises.

Pre-Book Right Now for Exclusive Analyst Support

Europe to Witness Increasing Demand for Aircraft Pushback Tugs

The Asia Pacific is projected to be the most lucrative market, due to developing economies of India and China. The rising population of the region and growing air traffic is prompting the airline industry growth in the region. The growing number of airports and the comparatively rising demand for new aircraft GSE is anticipated to notably boost the demand for aircraft pushback tugs in that region. The MEA region is projected to reflect significant development in the market during the assessment period as a result of the growing airline industry and air traffic in the region.

Moreover, Europe is projected to have prominent growth in the global market, as a result of the increasing demand for aircraft and the extension of airport infrastructure. North America is likely to have moderate growth due to the increasing airline transportation and rising expenditure on airport infrastructure.

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate


Newsletters with Secrets & Analysis. Subscribe Now