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            september 20, 2019

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Air ground handling system market to soar to US$190 billion


Improving airport infrastructure and the use of technological advancements will help to reduce airport operational delays, and according to Global Market Insights, the aircraft ground handling system market is estimated to grow from its current market value of US$130 billion to $190 billion by 2025.
Five minutes aircraft-on-ground (AOG) time, owing to operation delays, can cost large airlines up to $35 million annually. The ground handling system enables airline carriers to perform their operations with minimum error and enhance on-time performance, as well as reducing AOG time and minimising operational costs.
Airport operations in some region including North America and Europe are significantly affected by frequent changing weather conditions and heavy snowfall. The majority of ground handlers are using renewable energy systems including biogas snow equipment to remove snow at airports. These systems enable ground handlers to reduce fuel dependency and reduce carbon emission footprints. These developments will support the aircraft ground handling systems market growth.
The increasing adoption of Internet of Things (IoT) in ground support functions such as the smart baggage concept enables airline operators as well as passengers to track baggage location. In addition, development of software solutions to calculate demand and supply of daily ground handling equipment in an easy and cost-effective way will support aircraft ground handling systems market growth.
Software-based technology solutions enable the operator to integrate all the information of flight schedules with an airline's database and plan day-to-day activities with optimum efficiency, reports International Airport Review, Kent, UK.
Passenger handling systems will showcase significant growth rate in the aircraft ground handling systems market owing to increasing air passenger traffic across the globe.
Increasing shift towards enhancing efficiency of operation demands of rising passenger traffic and infrastructural development to support cargo activity will generate more revenue. Additionally, air passenger traffic in the region is stimulating the expansion of airport infrastructure and development of new airports.

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