Increased Number of Mergers and Acquisitions Fuelling Growth in the Global Aerospace Ground Handling System Market: Technavio Report

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  • The key vendors in the Global Aerospace Ground Handling System Market 2014-2018 are Aero Specialties Inc., Aviapartner NV, Bharat Earth Movers Ltd. and JBT AeroTech Corp.

London, 23 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Aerospace Ground Handling System Market 2014-2018.   An increase in the usage of aircraft proximity detection systems is one of the significant trends in the market. This system helps in avoiding damages occurring during ground handling operations, and is more useful during night time as the system interprets inputs from the sensors and alerts the operator through a warning light and buzzer on the control panel.

Ground handling systems are used to provide services to aircraft during landing and take-off. These systems help in optimizing the turnaround time of aircraft. Airlines may choose to provide their own ground handling systems, or they can have a contract-based service with companies that are dedicated to provide aerospace ground handling systems.

 “The increasing number of airlines is one of the major factors driving the growth of the Global Aerospace Ground Handling System market. It is estimated there will be an increase of about 5 percent per annum during the period 2014-2018.”says Faisal Ghaus, Vice President of TechNavio Research.

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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