Belt loaders are a special type of equipment used on a vehicle used in the Airline Industry for the transfer of baggage and cargo to and from the aircraft bin. The loader is situated at the opening of the baggage compartment, the baggage is loaded on the belt which is carried to the entrance where it is loaded. Several types of belt loaders and are used for different sizes of aircraft. The advantages offered by various key players include careful and rapid loading and unloading of cargo and baggage into the aircraft. Furthermore, development of new-gen belt loaders, such as electric loaders and self-propelled loaders, is driving the growth of the global market.
MARKET SCOPE
The "Global Airport Belt Loader Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Airport Belt Loader market with detailed market segmentation by type, application and geography. The global Airport Belt Loader market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Airport Belt Loader market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the market is segmented into Gas Belt Loader, Walk Behind Belt Loader, Electric Belt Loader, Others.
- On the basis of application, the market is segmented into Commercial Aviation, General Aviation.
MARKET DYNAMICS
Drivers:
- Rise in demand of ground support handling due to increase in air travel
- Growing air cargo market
Restraints:
- Requirement of highly skilled workforce for equipment handling
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Airport Belt Loader market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Airport Belt Loader market in these regions.
IMPACT OF COVID-19 ON AIRPORT BELT LOADER MARKET
The COVID-19 pandemic substantially negatively impacted the global aviation industry due to the drastic fall in aircraft production. The stalling of flights across the world and declining airport operations created a vacuum in the global Airport Belt Loader market. However, the pandemic has created an opportunity for key market players to expand their presence since the use of belt loaders in airport enhances the cargo handling capacities of freight companies. For instance, the US Transatlantic wide-body belly cargo capacity grew up to 55% over 20 weeks by September 2021, reaching 52% of pre-COVID levels. Furthermore, the global pandemic has also signified the dire need for air cargo to accelerate its digital and sustainable transformation and develop collaborative business models. Therefore, the initial short-term impact of the pandemic on the airport belt loader market was largely negative, and the market is gradually getting stable with the current focus on e-commerce and successful implementation of vaccine drives.
MARKET PLAYERS
The report covers key developments in the Airport Belt Loader market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership and collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Airport Belt Loader market are anticipated to lucrative growth opportunities in the future with the rising demand for Airport Belt Loader in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Airport Belt Loader market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AMMERAAL BELTECH
- Aviaco
- CHARLATTE MANUTENTION
- Equipos Industriales de Manutenci?n S.A. (EINSA)
- Giliberti, Inc.
- Jiangsu Tianyi Aviation Industy Co., Ltd.
- Mercury GSE
- Power Stow
- Textron Ground Support Equipment Inc.
- Xcd GSE
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.