According to a new market research report "Aircraft Ground Handling System Market (Passenger Ground Handling Equipment, Cargo Ground Handling Equipment, Aircraft Ground Handling Equipment, by Product, Application & Geography) - Global Forecasts and Analysis to 2014 - 2019", by MarketsandMarkets Aircraft Ground Handling System Market is estimated to be valued at $347.50 Million in 2014, and it is expected to reach $456.76 Million by 2019.
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The aircraft ground handling system market is estimated to be valued at $347.50 million in 2014,and it is expected to reach $456.76million by 2019.Driving factors for this growth would be increase in the number of airlines, growing number of airports, expansion and up gradation of existing airports, technology advancement, etc.
The report analyzes the aircraft ground handling market in cargo, aircraft, and passenger ground handling system applications. The passenger ground handling segment is expected to be the highest compared to others. It is estimated at $145.95 million in 2014 and it is growing at a CAGR of 5.40% by 2019.
The aircraft ground handling system market is estimated to be highest in the Middle East. The region is expected to grow at a CAGR of 7.03%.Major expansion and up gradation in airport infrastructure is in process in this region, hence the Middle East has a lot of opportunities for aircraft ground handling system providers. Asia-Pacific and Latin America are expected to be the fastest growing regions forthe aircraft ground handling system market.
Browse more than 53 market data tables with 29 figures spread through 165 pages and in-depth TOC on Aircraft Ground Handling System Market"
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The global ground handling management market is estimated at $347.50 million in 2014 and is expected to reach $456.76 million by 2019. The increase in competition for the ground handling market will drive the aviation industry and also benefit the end passenger by providing a better quality of service.
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