Aircraft Cargo Systems Market - Growth, Trends, and Forecast (2019 - 2024)
|出版商||Mordor Intelligence LLP||商品編碼||906962|
|出版日期||內容資訊||英文 85 Pages
|全球飛機貨物系統市場:成長，趨勢，及預測(2019年∼2024年) Aircraft Cargo Systems Market - Growth, Trends, and Forecast (2019 - 2024)|
|出版日期: 2019年06月01日||內容資訊: 英文 85 Pages||
The aircraft cargo systems market is anticipated to grow at a CAGR of above 5% during the forecast period.
The aircraft cargo systems market includes the cargo systems present in both commercial and military aircraft. The study also includes the cargo systems used to load and install cargo in fixed-wing and rotary-wing aircraft.
Cargo Loading Systems segment of the market is expected to grow at the highest CAGR during the forecast period. This growth is mainly driven by the need for better aircraft loading techniques that are required to create more cargo space, greater efficiency, eliminate costly ground delays, and thereby create additional revenue opportunities. Loading too much weight at a particular area of a freighter aircraft can cause damage to the structure and sometimes lead to the grounding of the aircraft. To avoid this, airlines are integrating new technologies to develop new cargo loading systems which can help the carriers to distribute cargo volume and weight capacity evenly on each aircraft. This will aid in avoiding the structural damage and also in providing better support to large and special product shipments.
Asia-Pacific region is anticipated to have the highest growth during the forecast period. The growth is majorly due to the demand for new and converted freighters, which in turn is due to the growth of the e-commerce sector in the region. South East Asia is the largest e-commerce market in the world, with China acting as the major driver for the growth in the region. Japan and South Korea are expected to emerge as the next biggest e-commerce markets in the region, with high-income levels and urbanization rates. This growth in e-commerce is supporting the growth and the replacement of the existing fleet of freighter aircraft in the Asia-Pacific region. At the beginning of 2018, DHL Express deployed its first ever Airbus A330-300 in its air network for providing services in Malaysia, Vietnam, and Hong Kong. The aircraft was first of the four A330-300s that were expected to join the DHL Express fleet under the passenger-to-freighter (P2F) deal with Elbe Flugzeugwerke Gmbh, a joint venture between Airbus and Singapore Technologies Aerospace. Such an increasing demand for procurement of freighter aircraft in the region will propel the growth of aircraft cargo systems market during the forecast period.
The prominent players in the aircraft cargo systems market are Ancra International LLC, TELAIR International Group, CEF Industries LLC, Cargo Systems, Inc., and Onboard Systems International Inc. The market is highly fragmented due to the presence of many local players who provide airlines with cargo nets, hooks, rollers, and other cargo systems. Partnerships of the cargo system providers with the aircraft OEMs are expected to propel the development of new loading and fitting systems, which in turn is expected to help the companies to capture significant market share.