Overview of Aircraft Tow Bars Market size, trends and forecast to 2025.

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According to the Aircraft Tow Bars Market report, the major drivers of this market include the rapid increase in air traffic over the past few years and the falling cost of supply.

Overview of aircraft hitches

Aircraft towing is a manual process that involves the use of aircraft tie-downs, shackles, and safety chains. This process ensures that the aircraft is tethered and secured to the relevant aircraft stands throughout all major airport operations to prevent damage or injury. Today, aircraft hitches are more than a piece of equipment used by ground handling personnel who monitor commercial airports around the world. They are also used on heavy ground support equipment such as cranes, rollers and trucks to protect expensive assets such as airplanes, helicopters and TGV trains from crushing damage due to accidental incidents.

Aircraft Tow Bar Market Size by Components

In the aircraft tow bar market, coiled tow is expected to hold a dominant position due to its low cost and light weight. This market is currently worth approximately $1,756 million and growing at an estimated CAGR of 16%. Variety of equipment can become the major factor for the growth of aircraft tow bars market.

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Towing of vehicular aircraft

The “Vehicle Aircraft Hitch Market” refers to products that are involved in the process of loading and releasing aircraft onto a taxiway or parking areas. The growing demand for airport-based taxis has seen an increase in demand over the past few years, due to increased user growth and increased services, as well as strong economic prospects among airports around the world . This should stimulate the growing adoption of these products by airlines.

General Aviation Tows

The aircraft towing market is characterized by a large number of towing options available with different price ranges. Aircraft tow bars are constructed from materials ranging from relatively inexpensive aluminum extrusions and machined steel angles, sourced from market leaders, to very low cost structural plastic pressure castings sourced from large volumes for custom designs for niche markets.

Commercial Aviation Tows

Aircraft tow bars are used to secure aircraft for landing, taxiing and a variety of airport equipment. Aircraft tow bars can be installed as temporary or permanent avionics structures and other device supports on the aircraft to provide a stable platform in flight.

Hitch technology and trends

As far as the market for hitches and other fastening materials is concerned, inventions and innovations are constantly evolving. Cushioning materials and adhesive technologies made airplanes a much more flexible option for rail movers, as these new applications included horse-drawn transport systems, telescopic legs and recycled materials which led to significant growth in demand. of aircraft tow bar materials in the world.

Market demand and forecast

The Aircraft Tow Bar Market 2016 exhibits notable growth of over 6% during the forecast period from 2014 to 2025. The growth of tow bars has been fueled by market awareness that carriers have to spend money to install this accessory as it improves security and response time, thus positively affecting end users. The aircraft tow bar market size currently stands at $19.26 billion, showing that the leading company Airbus achieved a revenue of $2,344.98 million during the last l year 2015. This 30+ page research analyzes company shares and revenue distribution across a comprehensive competitive landscape and M&A.

Updates

Aircraft tow bars are aircraft cables and/or chains designed to connect an aircraft to the ground or other securing device. The lightweight design allows the tow and float system to be deployed quickly and efficiently in air rescue and firefighting operations, such as plane crashes on land or water rescue by helicopter.

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Conclusion:

Aircraft couplers indeed have a promising growth potential seen in the industry and have managed to increase in value.

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