Nikhil Kaitwade, Research Head- Automotive Domain at Fact.MR discusses various factors shaping the aircraft tugs market landscape.
The growth of aircraft tugs market proliferates on an impressive trajectory, owing to burgeoning growth of aviation services on a global scale. Rising need for efficient ground service equipment is another key aspect empowering demand for aircraft tugs. Rising permeation of electro mobility is putting the conventional counterparts in the shade, paving new opportunities for efficient ground handling services. This, in turn, is likely to necessitate the adoption of aircraft tugs. Prominent manufacturers of aircraft tugs are making hefty investments in research and development in line with latest trends apropos of ground service equipment (GSE) deployment in a bid to reap high ROI.