5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
The Aircraft Cargo Systems Market is segmented by Product Type (Cargo Loading Systems and Interior Cargo Fittings) and Geography.
2018 - 2026
Fastest Growing Market:
The aircraft cargo systems market is anticipated to register 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|
|Interior Cargo Fittings|
|Middle-East & Africa|
Report scope can be customized per your requirements. Click here.
The cargo loading systems segment of the market is expected to register the highest CAGR during the forecast period. This growth is mainly driven by the need for better aircraft loading techniques, which are required to create more cargo space, greater efficiency, and 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 providing better support to large and special product shipments.
To understand key trends, Download Sample Report
The 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 is due to the growth of the e-commerce sector in the region. Southeast 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, which were expected to join the DHL Express fleet under the passenger-to-freighter (P2F) deal with Elbe Flugzeugwerke GmbH, a joint venture between Airbus SE and Singapore Technologies Aerospace. Such an increasing demand for procurement of freighter aircraft in the region may propel the growth of aircraft cargo systems market during the forecast period.
To understand geography trends, Download Sample Report.
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 that 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.
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Product Type
5.1.1 Cargo Loading Systems
5.1.2 Interior Cargo Fittings
5.2.1 North America
5.2.4 Latin America
5.2.5 Middle-East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Company Profiles
6.2.1 Collins Aerospace (United Technologies Corporation)
6.2.2 Telair International GmbH
6.2.3 Ancra International LLC
6.2.4 Davis Aircraft Products Co., Inc.
6.2.5 Kietek International Inc.
6.2.6 Cargo Systems Inc.
6.2.7 Onboard Systems International LLC
6.2.9 CEF Industries LLC
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability