Ground Handling Software Market to offer a healthy CAGR of 5.6% during 2020-25
February 07, 2020
Ground Handling Software Market Overview:
The Ground Handling Software Market is likely to witness an impressive CAGR of 5.6% during the forecast period. The unprecedented growth in aircraft orders from the airlines owing to surging air passenger traffic is the prime factor driving the global Ground Handling Software Market. Boeing anticipated that there would be the total deliveries of 40,410 commercial aircraft worth US$ 6.24 trillion in the global marketplace during 2018-2037. Asia-Pacific and Europe would be the biggest demand generators with a combined share of 64.7% of the total commercial aircraft deliveries during 2018-2037. An expected healthy CAGR of 4.7% in air passenger traffic during 2018-2037 will chiefly drive the demand for valves in the commercial aircraft industry.
Report Overview:
This new report from Stratview Research analyses the Ground Handling Software Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
Get a free sample of the report here:
https://www.stratviewresearch.com/Request-Sample/770/ground-handling-software-market.html
Ground Handling Software Market Segment Insights:
Class C airport class: The growth engine
Based on the airport class type, the market is segmented as Class A airport, Class B airport, Class C airport, and others. The Class C segment is estimated to register the highest growth during the forecast period, driven by the increasing investments done by airport authorities in the ground handling software market.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/770/ground-handling-software-market.html
Dominance of: Terminal Side and Passenger Boarding & Departure Control Software
Based on the application type, the market is segmented as terminal side, air side, and land side. The terminal side segment is estimated to depict the highest growth in the coming five years. This growth of the segment can be attributed to the practice that a vast majority of the software related processes are conducted at the terminal side to simplify operations, such as baggage handling, passenger check-in, and passenger security, among others.
Based on the software type, the market is segmented as passenger boarding & departure control, baggage management, flight information display, resource management, security management, automated cargo & load control, GSE Tracking (Telemetry), ramp management, transport management, and others. The passenger boarding & departure control software segment dominated the market in 2018, and is estimated to continue its dominance during the forecast period as well. The growth of the segment can be attributed to the rise in air passenger traffic, which is fueling the demand for passenger boarding & departure control software.
A highly/moderately/fragment consolidated Market
Some of the major players in the ground handling software market are Avtura Ltd., Amadeus IT Group SA, Arepo Solutions Ltd., Damarel Systems International Ltd., Inform GmbH, Mercator Company, Quantum Aviation Solutions GmbH, Rockwell Collins, Inc., Sabre Corporation, and Topsystem GmbH.
Regional Hegemony of North America
In terms of regions, Asia-Pacific is estimated to witness the highest growth in the ground handling software market during the forecast period. China and India are the growth engines of the region. In addition, many emerging countries, such as Chile, Argentina, and Brazil, among others are enormously investing towards the development of IT infrastructure at their existing airports, which is a major grow driver of the market. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176