Aircraft Towing Equipment Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Equipment Type (Towbar Tractors and Towbarless Tractors), By Propulsion Type (Non-Electric, Electric and Hybrid Propulsion), By End User (Commercial and Military), By Region, Competition 2018-2028

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Summary

Report Description

 

Forecast Period

2024-2028

Market Size (2022)

USD 721 Million

CAGR (2023-2028)

8.20%

Fastest Growing Segment

Towbarless Tractors   

Largest Market

North America


Market Overview

Global Aircraft Towing Equipment Market has valued at USD 721 Million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.20% through 2028. The global aircraft towing equipment market is experiencing remarkable growth, propelled by a multitude of factors. Firstly, with the continuous expansion of airports worldwide, there has been a significant increase in air traffic, leading to a surge in demand for highly efficient and reliable towing equipment capable of handling the ever-growing workload. This demand is further amplified by the continuous advancements in technology, which have paved the way for the development of more innovative and environmentally-friendly towing solutions. These cutting-edge towing solutions not only ensure seamless operations but also contribute to reducing carbon emissions and promoting sustainability within the aviation industry. As a result, the aircraft towing equipment market is poised for sustained growth as the need for advanced, eco-friendly solutions continues to rise in tandem with the global aviation landscape.

Furthermore, as airports around the world strive to enhance their operational efficiency and reduce their carbon footprint, the demand for towing equipment that is not only efficient but also environmentally sustainable continues to grow. This increasing need has spurred the development of innovative towing equipment that incorporates state-of-the-art technologies such as advanced electric propulsion systems and intelligent control systems. These cutting-edge features enable operators to not only minimize energy consumption and emissions but also optimize the overall performance of the towing operations, thus making a significant contribution to building a greener and more sustainable aviation industry. By embracing these advancements, airports can further align their operations with the global sustainability goals and pave the way for a more environmentally conscious future in the aviation sector.

However, it is worth noting that the market's growth is not without challenges. The high maintenance costs associated with towing equipment, coupled with stringent aviation regulations, pose obstacles to the expansion of the market. Manufacturers and operators need to navigate these hurdles by focusing on cost-effective maintenance strategies and ensuring compliance with regulatory standards. This includes investing in robust maintenance programs and training their personnel to handle the equipment effectively.

Despite these potential challenges, the future outlook for the aircraft towing equipment market remains promising. The ongoing modernization of existing airports and the continuous expansion of airline fleets worldwide present lucrative opportunities for market players. As airports upgrade their infrastructure and airlines increase their fleet sizes to meet growing passenger demand, the demand for advanced towing equipment is expected to soar. This creates a favorable market landscape for manufacturers and suppliers of aircraft towing equipment.

In conclusion, the global aircraft towing equipment market is experiencing significant growth due to the increasing number of airports, advancements in technology, and the demand for eco-friendly solutions. While challenges such as high maintenance costs and aviation regulations exist, the market's potential for expansion remains strong, driven by the modernization of airports and the growth of airline fleets. By addressing these challenges and capitalizing on emerging opportunities, players in the aircraft towing equipment market can position themselves for long-term success in this dynamic industry.

Key Market Drivers

Increasing Air Traffic and Passenger Demand

One of the primary drivers of the Global Aircraft Towing Equipment Market is the continuous growth in air traffic and passenger demand. The aviation industry has witnessed a steady rise in the number of flights, aircraft movements, and passengers in recent years. Factors contributing to this surge include global economic growth, increased affordability of air travel, and expanding middle-class populations in emerging economies.

As more people choose air travel as their preferred mode of transportation, airports and ground handling operations face the challenge of efficiently managing the growing number of flights. Aircraft towing equipment plays a crucial role in this process, facilitating the movement of aircraft on the ground, including pushing them back from gates, towing them to maintenance facilities, and repositioning them within the airport.

Efficiency in ground handling operations is essential to prevent flight delays, minimize turnaround times, and ensure a smooth passenger experience. To meet the demand generated by increasing air traffic, airports and airlines invest in advanced towing equipment that is both reliable and capable of handling various aircraft types, from regional jets to large commercial planes.

Moreover, the rise of low-cost carriers and the development of new routes have further propelled air travel growth. These airlines typically operate with faster turnaround times and, therefore, require efficient ground handling equipment, including tow tractors and tugs, to ensure the timely departure and arrival of flights. This driver highlights the critical role of aircraft towing equipment in supporting the expanding aviation sector.

Expansion and Modernization of Airports

The expansion and modernization of airports worldwide serve as a significant driver for the Global Aircraft Towing Equipment Market. Airports are critical components of the aviation infrastructure, and as air traffic increases, many airports are striving to meet capacity demands and improve their overall efficiency.

Expanding and upgrading airport facilities require investments in various types of ground support equipment, including aircraft towing equipment. New runways, terminals, and taxiways are often part of airport expansion projects, necessitating the acquisition of additional towing equipment to facilitate the movement of aircraft on the ground.

Modernizing airports involves the implementation of advanced technologies and operational practices to improve safety and efficiency. Newer airports often adopt state-of-the-art towing equipment with features such as remote control, electric or hybrid powertrains, and enhanced ergonomics for operators.

In addition to expanding passenger terminals, airports may develop dedicated cargo facilities to accommodate the growing demand for air freight. These facilities require towing equipment capable of handling cargo aircraft and ensuring efficient logistics operations.

Moreover, the adoption of green and sustainable practices is driving airports to invest in eco-friendly towing equipment, such as electric or hybrid tow tractors. These eco-friendly options reduce carbon emissions and align with environmental initiatives that many airports are committed to.

As a result, the expansion and modernization of airports worldwide represent a pivotal driver for the Global Aircraft Towing Equipment Market. The demand for advanced and efficient towing equipment is expected to continue growing as airports seek to enhance their capabilities and meet the evolving needs of the aviation industry.

Stringent Safety and Regulatory Standards

Stringent safety and regulatory standards governing ground handling operations in the aviation industry are a crucial driver of the Global Aircraft Towing Equipment Market. Safety is paramount in aviation, and regulatory authorities such as the Federal Aviation Administration (FAA) in the United States and the European Union Aviation Safety Agency (EASA) have established rigorous safety standards to ensure that ground handling operations are conducted in a secure manner.

Aircraft towing equipment must comply with these safety and regulatory standards to be used at airports and other aviation facilities. Towing equipment manufacturers are required to meet specific design, performance, and quality criteria to ensure the safety of both the equipment operators and the aircraft.

Additionally, regular inspections, maintenance, and certification processes are integral to upholding safety standards. This driver leads to a consistent demand for towing equipment that meets or exceeds regulatory requirements, which, in turn, drives the market for innovative and compliant towing equipment.

Advanced technologies and features, such as collision avoidance systems, fail-safe braking systems, and ergonomic design for operator safety, are integrated into modern towing equipment to meet these standards. As aviation authorities continue to prioritize safety, the market for towing equipment that adheres to strict safety and regulatory requirements is expected to grow.

The driver of stringent safety and regulatory standards also emphasizes the importance of ongoing training and certification for towing equipment operators to ensure the safe movement of aircraft on the ground.

Growth of the Air Cargo Industry                                                 

The growth of the air cargo industry is another substantial driver of the Global Aircraft Towing Equipment Market. Air freight plays a vital role in global logistics, transporting goods quickly and efficiently. The rise of e-commerce, global trade, and the demand for rapid shipping have fueled the expansion of the air cargo sector.

Cargo aircraft, which can range from smaller regional freighters to large wide-body cargo planes, require efficient ground handling, including towing equipment, for cargo loading and unloading, aircraft positioning, and maintenance procedures.

Aircraft towing equipment that can handle cargo aircraft with various sizes and configurations is essential for the timely and secure movement of freight. This demand has led to the development of specialized towing equipment capable of safely towing cargo planes with precision and reliability.

Efficient ground handling and quick turnaround times for cargo flights are critical to meeting the expectations of shippers and maintaining the competitiveness of air cargo services. As a result, the growth of the air cargo industry significantly drives the market for aircraft towing equipment.

Moreover, as the air cargo industry continues to expand, the demand for dedicated cargo facilities and cargo-only airports is on the rise. These facilities require specialized towing equipment to handle cargo aircraft operations, further contributing to the market's growth.

The driver of air cargo industry growth underscores the importance of robust and adaptable towing equipment that can accommodate the unique needs of cargo aircraft and logistics operations.

Development of Eco-Friendly and Sustainable Solutions

The development of eco-friendly and sustainable solutions in the aviation industry is a noteworthy driver of the Global Aircraft Towing Equipment Market. The aviation sector, like many other industries, is increasingly focused on reducing its environmental footprint and adopting more sustainable practices.

Aircraft towing equipment manufacturers are responding to this trend by designing and producing eco-friendly options. Electric or hybrid tow tractors have gained popularity as they produce fewer emissions and are quieter than traditional diesel-powered equipment. These solutions align with environmental initiatives and regulatory requirements aimed at reducing carbon emissions and minimizing the impact of aviation operations on the environment.

Sustainable practices extend to ground handling operations, and towing equipment is a key component of this shift. Sustainable towing equipment not only reduces emissions but also offers cost savings through lower fuel consumption and reduced maintenance requirements.

As airports and airlines prioritize sustainability, they seek towing equipment that complies with eco-friendly standards. This driver prompts manufacturers to invest in research and development, leading to innovative and environmentally responsible solutions in the market.

The development of eco-friendly and sustainable towing equipment reflects the aviation industry's commitment to reducing its carbon footprint and embracing environmentally responsible practices while maintaining operational efficiency.


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Key Market Challenges

Varied Aircraft Types and Sizes

A significant challenge in the Global Aircraft Towing Equipment Market is the diverse range of aircraft types and sizes that must be accommodated. Airports and aviation facilities handle a wide spectrum of aircraft, from small regional jets to large commercial planes and cargo aircraft. Each of these aircraft has distinct dimensions, weight, and towing requirements, posing a challenge for towing equipment manufacturers.

Towing equipment must be versatile enough to handle this diversity, which includes both narrow-body and wide-body aircraft, as well as cargo planes with unique configurations. The challenge lies in developing towing solutions that can safely and efficiently tow different aircraft types without the need for extensive modifications or adjustments.

This challenge also extends to the maintenance and upkeep of towing equipment. Regular maintenance and inspections are crucial to ensure the safe operation of towing equipment. However, these maintenance procedures can vary significantly based on the type of aircraft being towed. Equipment operators and maintenance personnel must be well-trained to manage the complex towing requirements of diverse aircraft.

Manufacturers are continually working to design towing equipment with the flexibility to handle various aircraft types while maintaining safety and efficiency. This challenge underscores the importance of standardization and adaptability in the design and operation of aircraft towing equipment.

Stringent Safety and Regulatory Standards

Stringent safety and regulatory standards are a pervasive challenge in the Global Aircraft Towing Equipment Market. Safety is paramount in aviation, and towing equipment plays a critical role in ensuring that ground operations are conducted securely and according to established regulations.

Regulatory authorities such as the Federal Aviation Administration (FAA) in the United States and the European Union Aviation Safety Agency (EASA) in Europe set rigorous safety standards for ground handling operations. Towing equipment must meet these standards, which encompass design, performance, and quality criteria to ensure both the safety of the equipment operators and the aircraft.

The challenge for manufacturers lies in continuously updating their towing equipment to comply with evolving safety and regulatory standards. These standards are subject to periodic revisions and improvements to address emerging safety concerns and technological advancements.

Moreover, strict regulations necessitate regular inspections, maintenance, and certification processes for towing equipment. Equipment operators must be trained to follow these standards, ensuring the safety of ground operations. The challenge is to develop and maintain towing equipment that adheres to these stringent safety and regulatory requirements.

The driver of stringent safety and regulatory standards also highlights the importance of continuous training and certification programs for towing equipment operators. Addressing this challenge is critical to maintaining the high level of safety in ground handling operations.

Rapid Technological Advancements

Rapid technological advancements represent a challenge in the Global Aircraft Towing Equipment Market. The aviation industry continuously adopts new technologies to enhance safety, efficiency, and sustainability. As a result, towing equipment manufacturers are tasked with integrating these advancements into their products to meet industry demands.

Advancements include the integration of collision avoidance systems, fail-safe braking mechanisms, automation, and ergonomic designs for operator safety and comfort. These technologies are crucial for ensuring the safety and efficiency of ground handling operations.

The challenge arises from the need to keep pace with these advancements and incorporate them into towing equipment. Manufacturers must invest in research and development to stay competitive in a rapidly evolving market.

Additionally, the integration of eco-friendly and sustainable technologies is a growing trend. Electric or hybrid tow tractors have gained popularity due to their reduced emissions and operational cost savings. Towing equipment manufacturers must invest in eco-friendly solutions to cater to the demand for environmentally responsible equipment.

The challenge of rapid technological advancements underscores the importance of innovation, adaptability, and agility for manufacturers in the Aircraft Towing Equipment Market. Meeting this challenge is essential to remain competitive and to contribute to the industry's continuous improvement in safety, efficiency, and sustainability.

Cost Constraints and Budgetary Limitations

Cost constraints and budgetary limitations present a significant challenge in the Global Aircraft Towing Equipment Market. Airports and aviation facilities often face financial constraints that can affect their purchasing decisions, including the acquisition of towing equipment.

The cost of towing equipment can be substantial, especially for airports that need to invest in multiple units to handle their operations efficiently. Additionally, equipment maintenance and operational expenses contribute to the overall cost of ownership.

Budgetary limitations may lead to airports and aviation facilities considering cost-effective solutions or delaying equipment upgrades. This can affect the market, as manufacturers must cater to the varying financial capabilities of potential customers.

Furthermore, cost constraints may impact the adoption of advanced towing equipment that incorporates the latest technologies and eco-friendly features. While such equipment may offer long-term cost savings, the initial investment can be a barrier for some airports.

Manufacturers need to find a balance between offering cost-effective solutions and ensuring that their equipment meets safety, efficiency, and regulatory standards. Addressing the challenge of cost constraints involves innovative pricing strategies and financing options to accommodate customers with varying budgets.

The driver of cost constraints and budgetary limitations highlights the need for equipment manufacturers to provide flexible and competitive pricing while offering high-quality, efficient, and safe towing solutions.

Operator Training and Skill Requirements

Operator training and skill requirements are a significant challenge in the Global Aircraft Towing Equipment Market. Ground handling operations, including the operation of towing equipment, require skilled and knowledgeable operators to ensure safe and efficient aircraft movement.

Towing equipment operators must be trained to handle the diverse range of aircraft they may encounter at an airport. They need to be proficient in equipment operation, towing techniques, safety procedures, and maintenance practices.

Moreover, the evolving nature of towing equipment, including the integration of advanced technologies, requires continuous training to ensure that operators can effectively utilize these features and adapt to changing equipment standards.

The challenge is that operator training and skill requirements may vary by region and airport. Standardizing training and skill development can be difficult, particularly in a global market where operators may work in different environments and with diverse aircraft.

To address this challenge, manufacturers often offer training programs and materials to equip operators with the necessary skills and knowledge. Training should also align with safety and regulatory standards, ensuring that operators operate equipment in a compliant and secure manner.

The driver of operator training and skill requirements emphasizes the importance of ongoing training and certification to maintain the safety and efficiency of ground handling operations. Manufacturers play a crucial role in supporting these efforts by providing comprehensive training resources.

Key Market Trends

Integration of Advanced Technologies

One of the primary trends in the Global Aircraft Towing Equipment Market is the integration of advanced technologies into towing equipment. This trend is driven by the aviation industry's continuous quest for improved safety, efficiency, and sustainability. Manufacturers are incorporating cutting-edge technologies to enhance the performance and capabilities of their towing equipment.

One key aspect of this trend is the implementation of advanced control and automation systems. Towing equipment is now equipped with user-friendly interfaces, remote control options, and advanced sensors for precise maneuvering and positioning of aircraft. These features not only improve operational efficiency but also enhance operator safety and reduce the risk of accidents.

Furthermore, the integration of collision avoidance systems is becoming increasingly common. These systems use sensors to detect obstacles in the towing path and automatically apply brakes or send warnings to the operator, reducing the likelihood of accidents during towing operations.

Eco-friendly technologies are also gaining traction in the market. Electric and hybrid tow tractors are being introduced to minimize carbon emissions and reduce the environmental impact of ground handling operations. These eco-friendly solutions align with industry efforts to reduce carbon footprints and are often favored by environmentally conscious airports and airlines.

The integration of advanced technologies not only enhances the safety and efficiency of ground handling but also contributes to the sustainability of the aviation sector. As airports and airlines seek innovative solutions, manufacturers are investing in research and development to keep pace with these technological advancements.

Electric and Hybrid Towing Equipment                           

The adoption of electric and hybrid towing equipment is a notable trend in the Global Aircraft Towing Equipment Market. As environmental concerns and sustainability become increasingly important in the aviation industry, there is a growing shift towards eco-friendly ground handling operations.

Electric towing equipment is powered by electric motors and relies on rechargeable batteries. These units produce zero emissions, reduce noise pollution, and offer lower operating costs compared to traditional diesel-powered equipment. Electric towing equipment is particularly favored for use in enclosed spaces like airport terminals, where emissions and noise can be a significant concern.

Hybrid towing equipment combines electric and conventional power sources, such as diesel or gas engines, to provide flexibility and sustainability. These units can operate in electric mode to minimize emissions in environmentally sensitive areas and switch to conventional power sources when needed for heavy-duty tasks. The hybrid approach addresses the challenges posed by limited battery range for electric towing equipment.

This trend aligns with the aviation industry's commitment to reducing its carbon footprint and embracing environmentally responsible practices. Electric and hybrid towing equipment offers a solution that reduces emissions, noise, and operational costs, making it a compelling choice for airports and airlines.

Manufacturers in the Aircraft Towing Equipment Market are actively developing and promoting electric and hybrid solutions to meet this growing demand and contribute to the industry's sustainability objectives.

Enhanced Safety Features

Enhanced safety features in towing equipment are a crucial trend in the Global Aircraft Towing Equipment Market. Safety is paramount in aviation, and any ground handling operation, including aircraft towing, requires robust safety measures to protect personnel, aircraft, and infrastructure.

Manufacturers are responding to this trend by integrating various safety features into their towing equipment. One of the most notable safety enhancements is the development of fail-safe braking systems. These systems ensure that the towing equipment can rapidly come to a halt in the event of an emergency, preventing collisions and accidents during towing operations.

Another safety trend is the use of ergonomic design to enhance operator comfort and reduce the risk of injuries. Towing equipment is being designed with operator-friendly controls, adjustable seating, and improved visibility to ensure that operators can carry out their tasks comfortably and safely.

Safety features also extend to the development of collision avoidance systems, which use sensors and advanced algorithms to detect obstacles in the towing path. These systems automatically apply brakes or issue warnings to operators when obstacles are detected, reducing the likelihood of accidents during towing operations.

Additionally, towing equipment manufacturers are focusing on developing training and certification programs to ensure that operators are well-prepared and skilled in operating the equipment safely. Operator training is a key component of enhancing safety in ground handling operations.

This trend emphasizes the aviation industry's commitment to maintaining the highest safety standards in ground handling operations. Manufacturers are actively investing in research and development to provide towing equipment that incorporates advanced safety features and supports a culture of safety in aviation.

Sustainability and Environmental Initiatives

Sustainability and environmental initiatives are shaping the Global Aircraft Towing Equipment Market. As the aviation industry faces increasing scrutiny over its environmental impact, there is a growing emphasis on adopting sustainable and eco-friendly practices in all aspects of operations, including ground handling.

Eco-friendly towing equipment, such as electric and hybrid tow tractors, is a significant part of this trend. These units produce fewer emissions, reduce noise pollution, and offer operational cost savings compared to traditional diesel-powered equipment. Their adoption aligns with industry-wide efforts to reduce carbon emissions and minimize the environmental impact of aviation operations.

Airports and airlines are increasingly looking for eco-friendly solutions that not only reduce their carbon footprint but also offer long-term cost savings. Manufacturers are actively developing and promoting sustainable towing equipment to meet this demand.

Furthermore, sustainable practices encompass the use of alternative fuels, such as sustainable aviation fuels (SAFs), in ground handling operations. SAFs are produced from renewable sources and can replace traditional aviation fuels, reducing the carbon emissions associated with towing equipment and other airport vehicles.

The development of eco-friendly and sustainable towing equipment reflects the aviation industry's dedication to reducing its environmental impact and embracing environmentally responsible practices while maintaining operational efficiency. Manufacturers are working to provide green solutions that align with these sustainability goals.

Demand for Remote Monitoring and Control

The demand for remote monitoring and control of towing equipment is a significant trend in the Global Aircraft Towing Equipment Market. As technology advances, there is an increasing focus on improving the efficiency and safety of ground handling operations through remote management.

Remote control capabilities allow operators to maneuver towing equipment with precision and accuracy, reducing the risk of accidents during aircraft towing. These capabilities are particularly valuable in tight spaces, such as airport terminals and congested ramp areas.

Advanced telemetry and communication systems enable remote monitoring and control, providing operators with real-time data and feedback. This data can include information about equipment performance, battery status (for electric towing equipment), and obstacle detection, enhancing the operator's situational awareness.

Additionally, remote control options can improve operational efficiency by reducing the time required for equipment setup and maneuvering. Operators can efficiently move aircraft from gates to runways or maintenance areas, minimizing turnaround times and optimizing airport operations.

The trend of remote monitoring and control aligns with the aviation industry's quest for enhanced safety and efficiency in ground handling operations. Manufacturers are developing towing equipment with advanced telemetry and communication systems, making it easier for operators to manage the equipment remotely.

Segmental Insights

Equipment Type Analysis

The global Aircraft Towing Equipment Market is witnessing significant growth, fueled primarily by the steady increase in air travel and the subsequent rise in the demand for efficient ground support equipment. These crucial tools, meticulously designed for maneuvering aircraft in and around the airport, come in various shapes and sizes, meticulously tailored to accommodate the diverse range of aircraft size and weight.

Key players in this dynamic market offer a wide array of towing equipment, including conventional tractors, towbars, and towbarless tugs, each uniquely designed to cater to specific aircraft requirements. These innovative solutions not only enhance operational efficiency but also ensure the safety and seamless movement of aircraft on the ground. With advancements in technology, the industry continues to explore new and improved towing equipment, incorporating features such as remote control capabilities, advanced safety systems, and eco-friendly power sources.

As the aviation industry continues to evolve, the demand for advanced aircraft towing equipment is expected to grow further. Manufacturers and suppliers in the market are focused on continuous research and development to meet the evolving needs of airports and airlines worldwide. The integration of smart technologies, such as IoT connectivity and data analytics, is also anticipated to revolutionize the aircraft towing process, enabling real-time monitoring, predictive maintenance, and enhanced overall performance.

In conclusion, the Aircraft Towing Equipment Market is experiencing rapid growth and transformation, driven by the increasing demands of the aviation industry. With a diverse range of towing equipment available, tailored to meet specific aircraft requirements, the industry is poised for further advancements, ensuring efficient and secure aircraft movement on the ground.

Propulsion Type Analysis

The global Aircraft Towing Equipment Market is witnessing an expansion in its scope, influenced by the various types of propulsion technologies. While traditional gasoline or diesel-fueled towing equipment continue to hold a significant market share, the rise in environmental awareness and the need for operational efficiency is driving the demand for electric and hybrid aircraft towing equipment. These alternatives offer numerous advantages such as zero-emission operation, quieter performance, and reduced operating costs, which are expected to fuel their adoption in the coming years.


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Regional Insights

Regionally, the global Aircraft Towing Equipment Market exhibits significant variations. In North America, the market is boosted by a robust aviation industry and the presence of major airlines and airports. Europe follows suit, with demand driven by a strong aviation network and high safety standards. However, the fastest growth is anticipated in the Asia Pacific region, spurred by escalating air traffic, expanding airport infrastructure, and burgeoning aviation industries in countries like China and India. Meanwhile, growth in Latin America and the Middle East & Africa is expected to be steady, supported by ongoing efforts to modernize existing airport facilities and infrastructure.

Recent Developments

  • In November 2021, Menzies Aviation has signed a six-year global framework agreement with Rushlift GSE to provide the cargo handling company with ground support equipment. The arrangement will include the provision of a fleet of pushback tugs and HI loaders from Trepel, mobile conveyor belts and electric baggage and pushback tugs from TLD, and trailers from UK manufacturer TBD.
  • In January 2021, Munich Airport unveiled a new electric powered tug capable of towing wide-body aircraft and achieving a maximum speed of 32 kilometers per hour, the latest new addition to its ground handling fleet. The tug can be used for de-icing and aircraft towing at Munich Airport, and is equipped with the latest 700V lithium-ion battery technology.

Key Market Players

  • Avia Equipment Pte Ltd
  • Aero Specialties,Inc.
  • Cavotec SA
  • Douglas Equipment Ltd
  • Flightline Support Ltd
  • Gate GSE
  • Imai Aero-Equipment Mfg Co. Ltd
  • JBT Corporation
  • MULAG Fahrzeugwerk GmbH
  • Weihai Guangtai Airport Equipment Co., Ltd

By Equipment Type

By Propulsion Type

By End User

By Region
  • Towbar Tractors
  • Towbarless Tractors
  • Non-Electric
  • Electric
  • Hybrid Propulsion
  • Commercial
  • Military
  • North America
  • Europe & CIS
  • Asia Pacific
  • South America
  • Middle East & Africa
Report Scope:

In this report, the Global Aircraft Towing Equipment Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Aircraft Towing Equipment Market, By Equipment Type:

o   Towbar Tractors

o   Towbarless Tractors

  • Aircraft Towing Equipment Market, By Propulsion Type:

o   Non-Electric

o   Electric

o   Hybrid Propulsion

  • Aircraft Towing Equipment Market, By End User:

o   Commercial

o   Military

  • Aircraft Towing Equipment Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Canada

§  Mexico

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Turkey

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Aircraft Towing Equipment Market.

Available Customizations:

Global Aircraft Towing Equipment Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Aircraft Towing Equipment Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Aircraft Towing Equipment Market

5.    Global Aircraft Towing Equipment Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Equipment Type Market Share Analysis (Towbar Tractors and Towbarless Tractors)

5.2.2.     By Propulsion Type Market Share Analysis (Non-Electric, Electric and Hybrid Propulsion)

5.2.3.     By End User Market Share Analysis (Commercial and Military)    

5.2.4.     By Regional Market Share Analysis

5.2.4.1.         Asia-Pacific Market Share Analysis

5.2.4.2.         Europe & CIS Market Share Analysis

5.2.4.3.         North America Market Share Analysis

5.2.4.4.         South America Market Share Analysis

5.2.4.5.         Middle East & Africa Market Share Analysis

5.2.5.     By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2022)

5.3.  Global Aircraft Towing Equipment Market Mapping & Opportunity Assessment

5.3.1.     By Equipment Type Market Mapping & Opportunity Assessment

5.3.2.     By Propulsion Type Market Mapping & Opportunity Assessment

5.3.3.     By End User Market Mapping & Opportunity Assessment

5.3.4.     By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Aircraft Towing Equipment Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value  

6.2.  Market Share & Forecast

6.2.1.     By Equipment Type Market Share Analysis

6.2.2.     By Propulsion Type Market Share Analysis

6.2.3.     By End User Market Share Analysis

6.2.4.     By Country Market Share Analysis

6.2.4.1.         China Market Share Analysis

6.2.4.2.         India Market Share Analysis

6.2.4.3.         Japan Market Share Analysis

6.2.4.4.         Indonesia Market Share Analysis

6.2.4.5.         Thailand Market Share Analysis

6.2.4.6.         South Korea Market Share Analysis

6.2.4.7.         Australia Market Share Analysis

6.2.4.8.         Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.     China Aircraft Towing Equipment Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value  

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Equipment Type Market Share Analysis

6.3.1.2.2.             By Propulsion Type Market Share Analysis

6.3.1.2.3.             By End User Market Share Analysis

6.3.2.     India Aircraft Towing Equipment Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value  

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Equipment Type Market Share Analysis

6.3.2.2.2.             By Propulsion Type Market Share Analysis

6.3.2.2.3.             By End User Market Share Analysis

6.3.3.     Japan Aircraft Towing Equipment Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value  

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Equipment Type Market Share Analysis

6.3.3.2.2.             By Propulsion Type Market Share Analysis

6.3.3.2.3.             By End User Market Share Analysis

6.3.4.     Indonesia Aircraft Towing Equipment Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value  

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Equipment Type Market Share Analysis

6.3.4.2.2.             By Propulsion Type Market Share Analysis

6.3.4.2.3.             By End User Market Share Analysis

6.3.5.     Thailand Aircraft Towing Equipment Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value  

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Equipment Type Market Share Analysis

6.3.5.2.2.             By Propulsion Type Market Share Analysis

6.3.5.2.3.             By End User Market Share Analysis

6.3.6.     South Korea Aircraft Towing Equipment Market Outlook

6.3.6.1.         Market Size & Forecast

6.3.6.1.1.             By Value  

6.3.6.2.         Market Share & Forecast

6.3.6.2.1.             By Equipment Type Market Share Analysis

6.3.6.2.2.             By Propulsion Type Market Share Analysis

6.3.6.2.3.             By End User Market Share Analysis

6.3.7.     Australia Aircraft Towing Equipment Market Outlook

6.3.7.1.         Market Size & Forecast

6.3.7.1.1.             By Value  

6.3.7.2.         Market Share & Forecast

6.3.7.2.1.             By Equipment Type Market Share Analysis

6.3.7.2.2.             By Propulsion Type Market Share Analysis

6.3.7.2.3.             By End User Market Share Analysis

7.    Europe & CIS Aircraft Towing Equipment Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value  

7.2.  Market Share & Forecast

7.2.1.     By Equipment Type Market Share Analysis

7.2.2.     By Propulsion Type Market Share Analysis

7.2.3.     By End User Market Share Analysis

7.2.4.     By Country Market Share Analysis

7.2.4.1.         Germany Market Share Analysis

7.2.4.2.         Spain Market Share Analysis

7.2.4.3.         France Market Share Analysis

7.2.4.4.         Russia Market Share Analysis

7.2.4.5.         Italy Market Share Analysis

7.2.4.6.         United Kingdom Market Share Analysis

7.2.4.7.         Belgium Market Share Analysis

7.2.4.8.         Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.     Germany Aircraft Towing Equipment Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value  

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Equipment Type Market Share Analysis

7.3.1.2.2.             By Propulsion Type Market Share Analysis

7.3.1.2.3.             By End User Market Share Analysis

7.3.2.     Spain Aircraft Towing Equipment Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value  

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Equipment Type Market Share Analysis

7.3.2.2.2.             By Propulsion Type Market Share Analysis

7.3.2.2.3.             By End User Market Share Analysis

7.3.3.     France Aircraft Towing Equipment Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value  

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Equipment Type Market Share Analysis

7.3.3.2.2.             By Propulsion Type Market Share Analysis

7.3.3.2.3.             By End User Market Share Analysis

7.3.4.     Russia Aircraft Towing Equipment Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value  

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Equipment Type Market Share Analysis

7.3.4.2.2.             By Propulsion Type Market Share Analysis

7.3.4.2.3.             By End User Market Share Analysis

7.3.5.     Italy Aircraft Towing Equipment Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value  

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Equipment Type Market Share Analysis

7.3.5.2.2.             By Propulsion Type Market Share Analysis

7.3.5.2.3.             By End User Market Share Analysis

7.3.6.     United Kingdom Aircraft Towing Equipment Market Outlook

7.3.6.1.         Market Size & Forecast

7.3.6.1.1.             By Value  

7.3.6.2.         Market Share & Forecast

7.3.6.2.1.             By Equipment Type Market Share Analysis

7.3.6.2.2.             By Propulsion Type Market Share Analysis

7.3.6.2.3.             By End User Market Share Analysis

7.3.7.     Belgium Aircraft Towing Equipment Market Outlook

7.3.7.1.         Market Size & Forecast

7.3.7.1.1.             By Value  

7.3.7.2.         Market Share & Forecast

7.3.7.2.1.             By Equipment Type Market Share Analysis

7.3.7.2.2.             By Propulsion Type Market Share Analysis

7.3.7.2.3.             By End User Market Share Analysis

8.    North America Aircraft Towing Equipment Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value  

8.2.  Market Share & Forecast

8.2.1.     By Equipment Type Market Share Analysis

8.2.2.     By Propulsion Type Market Share Analysis

8.2.3.     By End User Market Share Analysis

8.2.4.     By Country Market Share Analysis

8.2.4.1.         United States Market Share Analysis

8.2.4.2.         Mexico Market Share Analysis

8.2.4.3.         Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.     United States Aircraft Towing Equipment Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value  

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Equipment Type Market Share Analysis

8.3.1.2.2.             By Propulsion Type Market Share Analysis

8.3.1.2.3.             By End User Market Share Analysis

8.3.2.     Mexico Aircraft Towing Equipment Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value  

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Equipment Type Market Share Analysis

8.3.2.2.2.             By Propulsion Type Market Share Analysis

8.3.2.2.3.             By End User Market Share Analysis

8.3.3.     Canada Aircraft Towing Equipment Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value  

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Equipment Type Market Share Analysis

8.3.3.2.2.             By Propulsion Type Market Share Analysis

8.3.3.2.3.             By End User Market Share Analysis

9.    South America Aircraft Towing Equipment Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value  

9.2.  Market Share & Forecast

9.2.1.     By Equipment Type Market Share Analysis

9.2.2.     By Propulsion Type Market Share Analysis

9.2.3.     By End User Market Share Analysis

9.2.4.     By Country Market Share Analysis

9.2.4.1.         Brazil Market Share Analysis

9.2.4.2.         Argentina Market Share Analysis

9.2.4.3.         Colombia Market Share Analysis

9.2.4.4.         Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.     Brazil Aircraft Towing Equipment Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value  

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Equipment Type Market Share Analysis

9.3.1.2.2.             By Propulsion Type Market Share Analysis

9.3.1.2.3.             By End User Market Share Analysis

9.3.2.     Colombia Aircraft Towing Equipment Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value  

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Equipment Type Market Share Analysis

9.3.2.2.2.             By Propulsion Type Market Share Analysis

9.3.2.2.3.             By End User Market Share Analysis

9.3.3.     Argentina Aircraft Towing Equipment Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value  

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Equipment Type Market Share Analysis

9.3.3.2.2.             By Propulsion Type Market Share Analysis

9.3.3.2.3.             By End User Market Share Analysis

10.  Middle East & Africa Aircraft Towing Equipment Market Outlook

10.1.             Market Size & Forecast

10.1.1.  By Value   

10.2.             Market Share & Forecast

10.2.1.  By Equipment Type Market Share Analysis

10.2.2.  By Propulsion Type Market Share Analysis

10.2.3.  By End User Market Share Analysis

10.2.4.  By Country Market Share Analysis

10.2.4.1.      South Africa Market Share Analysis

10.2.4.2.      Turkey Market Share Analysis

10.2.4.3.      Saudi Arabia Market Share Analysis

10.2.4.4.      UAE Market Share Analysis

10.2.4.5.      Rest of Middle East & Africa Market Share Africa

10.3.             Middle East & Africa: Country Analysis

10.3.1.  South Africa Aircraft Towing Equipment Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value  

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Equipment Type Market Share Analysis

10.3.1.2.2.           By Propulsion Type Market Share Analysis

10.3.1.2.3.           By End User Market Share Analysis

10.3.2.  Turkey Aircraft Towing Equipment Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value  

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Equipment Type Market Share Analysis

10.3.2.2.2.           By Propulsion Type Market Share Analysis

10.3.2.2.3.           By End User Market Share Analysis

10.3.3.  Saudi Arabia Aircraft Towing Equipment Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value  

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Equipment Type Market Share Analysis

10.3.3.2.2.           By Propulsion Type Market Share Analysis

10.3.3.2.3.           By End User Market Share Analysis

10.3.4.  UAE Aircraft Towing Equipment Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value  

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Equipment Type Market Share Analysis

10.3.4.2.2.           By Propulsion Type Market Share Analysis

10.3.4.2.3.           By End User Market Share Analysis

11.  SWOT Analysis

11.1.             Strength

11.2.             Weakness

11.3.             Opportunities

11.4.             Threats

12.  Market Dynamics

12.1.             Market Drivers

12.2.             Market Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.             Company Profiles (Up to 10 Major Companies)

14.1.1.  Avia Equipment Pte Ltd

14.1.1.1.      Company Details

14.1.1.2.      Key Product Offered

14.1.1.3.      Financials (As Per Availability)

14.1.1.4.      Recent Developments

14.1.1.5.      Key Management Personnel

14.1.2.  Aero Specialties,Inc.

14.1.2.1.      Company Details

14.1.2.2.      Key Product Offered

14.1.2.3.      Financials (As Per Availability)

14.1.2.4.      Recent Developments

14.1.2.5.      Key Management Personnel

14.1.3.  Cavotec SA

14.1.3.1.      Company Details

14.1.3.2.      Key Product Offered

14.1.3.3.      Financials (As Per Availability)

14.1.3.4.      Recent Developments

14.1.3.5.      Key Management Personnel

14.1.4.  Douglas Equipment Ltd  

14.1.4.1.      Company Details

14.1.4.2.      Key Product Offered

14.1.4.3.      Financials (As Per Availability)

14.1.4.4.      Recent Developments

14.1.4.5.      Key Management Personnel

14.1.5.  Flightline Support Ltd

14.1.5.1.      Company Details

14.1.5.2.      Key Product Offered

14.1.5.3.      Financials (As Per Availability)

14.1.5.4.      Recent Developments

14.1.5.5.      Key Management Personnel

14.1.6.  Gate GSE  

14.1.6.1.      Company Details

14.1.6.2.      Key Product Offered

14.1.6.3.      Financials (As Per Availability)

14.1.6.4.      Recent Developments

14.1.6.5.      Key Management Personnel

14.1.7.  Imai Aero-Equipment Mfg Co. Ltd.

14.1.7.1.      Company Details

14.1.7.2.      Key Product Offered

14.1.7.3.      Financials (As Per Availability)

14.1.7.4.      Recent Developments

14.1.7.5.      Key Management Personnel

14.1.8.  JBT Corporation   

14.1.8.1.      Company Details

14.1.8.2.      Key Product Offered

14.1.8.3.      Financials (As Per Availability)

14.1.8.4.      Recent Developments

14.1.8.5.      Key Management Personnel

14.1.9.  MULAG Fahrzeugwerk GmbH   

14.1.9.1.      Company Details

14.1.9.2.      Key Product Offered

14.1.9.3.      Financials (As Per Availability)

14.1.9.4.      Recent Developments

14.1.9.5.      Key Management Personnel

14.1.10.                Weihai Guangtai Airport Equipment Co., Ltd    

14.1.10.1.    Company Details

14.1.10.2.    Key Product Offered

14.1.10.3.    Financials (As Per Availability)

14.1.10.4.    Recent Developments

14.1.10.5.    Key Management Personnel

15.  Strategic Recommendations

15.1.             Key Focus Areas

15.1.1.  Target Regions

15.1.2.  Target End User

15.1.3.  Target Propulsion Type  

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Aircraft Towing Equipment Market was estimated to be USD 721 Million in 2022.

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In 2022, in terms of equipment type, the Towbarless Tractors was the fastest growing segment in the Global Aircraft Towing Equipment Market. These units have become increasingly popular due to their higher efficiency and lower risk of damage to the aircraft when compared to traditional towbar tractors.

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The North American region dominates the Global Aircraft Towing Equipment Market. This dominance is largely due to the presence of leading aircraft manufacturers, the high volume of air traffic, and advanced airport infrastructure in this region.

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The major drivers for the Global Aircraft Towing Equipment Market are the rising air traffic and the expansion of airports, necessitating efficient ground handling operations and advanced towing equipment.

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Srishti Verma

Business Consultant
Press Release

Aircraft Towing Equipment Market to Grow with a CAGR of 8.20% Globally through to 2028

Jan, 2024

The major drivers for the Global Aircraft Towing Equipment Market are the rising air traffic and the expansion of airports, necessitating efficient ground handling operations and advanced towing equi

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