Air Cargo Unit Load Device Market Worth US$ 382.3 million in 2022
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  • Air Cargo Unit Load Device Market Worth US$ 382.3 million in 2022

    (Transportation-News.com, January 29, 2019 )
    Stratview Research has published a new research report on Air Cargo Unit Load Device Market. This extensive 255-page report by Stratview Research analyses the growth of Air Cargo Unit Load Device Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022 under the following segments -
    ● by Device Type (Containers, and Pallets)
    ● by Product Type (LD3, LD6, and Others)
    ● by Deck Type (Lower Deck and Main Deck)
    ● by Sales Type (UNIT LOAD DEVICE Manufacturing and UNIT LOAD DEVICE Repair)
    ● by Material Type (Composites-based UNIT LOAD DEVICE, Metals-based UNIT LOAD DEVICE, and Fabrics)
    ● by Aircraft Type (Narrow-Body Aircraft, Wide¬¬–Body Aircraft, and Others)
    ● by Application Type (Passenger Aircraft and Freighter Aircraft)
    ● and by Region (North America, Europe, Asia-Pacific, and RoW)

    Go through the detailed scope: https://www.stratviewresearch.com/toc/177/air-cargo-unit-load-device-market.html

    Or

    Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/177/air-cargo-unit-load-device-market.html

    Increasing demand for lightweight UNIT LOAD DEVICE

    The air cargo UNIT LOAD DEVICE market was valued at US$ 279.4 million in 2016 and is likely to grow at a healthy CAGR of 5.4% over the next five years to reach US$ 382.3 million in 2022. Growing cargo traffic (freight tonne kilometers) owing to accelerating urbanization and increasing disposable income, increasing deliveries of commercial aircraft, increasing demand for lightweight UNIT LOAD DEVICE, large UNIT LOAD DEVICE fleet size, and an advancement in the technology are some of the major growth drivers of the market. Cargo is an essential part of the airline business today.

    Lower deck to remain the largest segment of the market

    Based on the deck type, the lower deck is projected to remain the largest segment of air cargo UNIT LOAD DEVICE market during the forecast period, driven by the usage in both the passenger and freighter aircraft. Passenger aircraft uses mainly lower hold for UNIT LOAD DEVICE whereas freighter aircraft uses both the main deck and lower hold for UNIT LOAD DEVICE.

    Top market players

    The supply chain of this market comprises raw materials suppliers, panel manufacturers, UNIT LOAD DEVICE manufacturers, distributors, UNIT LOAD DEVICE management companies, and airline companies. The key air cargo UNIT LOAD DEVICE manufacturers are Zodiac Aerospace, Cargo Composites, Nordisk Aviation Products, VRR Aviation, and Satco Inc. Lightweight containers, a partnership with UNIT LOAD DEVICE management companies, and regional expansion are the key strategies adopted by the key players to gain a competitive edge in the market.

    Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

    Stratview Research

    Ritesh Gandecha

    +1-313-307-4176

    sales@stratviewresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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