In terms of revenue, aircraft tugs market was valued at US$ 3859.76 Mn in 2020 growing at a CAGR of 6.1% over the forecast period (2021 – 2030). The Absolute Markets Insight’s recent report on the Aircraft Tugs Market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the Aircraft Tugs market analyses the scenario for the period of 2021 to 2030.The report enables readers to make important business decisions based on the vast amount of information contained in the research.
Some of the players operating in the aircraft tugs market are Aero-Tow, AIRCRAFT-TUGS LLC, Airtug, BestTugs, Eagle Tugs, JBT, LEKTRO, Inc, Lindbergh Aircraft Tug Company, Mototok, Powertow.com, Priceless Aviation Products, SMARTech Industries, LLC, Textron Ground Support Equipment Inc., TowFLEXX Inc, and Tronair amongst other market participants.
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Based on type, the global aircraft tugs market has been bifurcated into towbar aircraft tugs and towbarless aircraft tugs. Towbar segment held the largest market share in 2020 and is estimated to retain its dominance over the forecast period owing to their ability to make operations more efficient, as well as their simple and adaptable design, which allows them to be less expensive than other aircraft tugs.
Based on fuel type, the global aircraft tugs market has been segmented into diesel, electric, and gas. Diesel fuel type segment held the largest market share in 2020. Major manufacturers in the market developed aircraft tugs based on diesel because of easy availability and cost-efficiency. For instance, Eagle Tugs has a reputation in the corporate, regional, and military aircraft tug market for building robust, reliable products and providing customer service for over 50 years. The company offers a wide range of gas and diesel tugs, including the Eagle TT Series Aircraft Towing, Eagle USATS Aircraft Towing, Eagle XM Series Aircraft Towing, Eagle XL Series Aircraft Towing, and other aircraft tugs.
Based on towing capacity, the global aircraft tugs market has been segmented into up to 60,000 lbs, 60000 lbs to 120000 lbs, and more than 120000 lbs. 60000 lbs to 120000 lbs segment accounted for the largest share in 2020 because of increasing demand from the civil and commercial aircraft towing application.
Based on application, the global aircraft tugs market has been segmented into military aircrafts, commercial aircrafts, civil aircrafts, and others. Military aircrafts and civil aircrafts held a substantial share in 2020 because of increasing frequency and need for aviation operation for the military and civil applications. Mototok is the partner for military aircraft and helicopters. The company developed tug for the military applications which require minimal maintenance and less operational cost.
Global Aircraft Tugs Market:
By Type
- Towbar Aircraft Tugs
- Towbarless Aircraft Tugs
By Fuel Type
- Diesel
- Electric
- Gas
By Towing Capacity
- Up to 60,000 lbs
- 60000 lbs to 120000 lbs
- More than 120000 lbs
By Application
- Military Aircrafts
- Commercial Aircrafts
- Civil Aircrafts
- Others
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