According to a new market report published by
Lucintel, the future of the global unit load device market looks bright with
opportunities in both the civil and military markets. The global unit load device market is forecast
to grow at a CAGR of 3.4% from 2016 to 2021. The major growth drivers of this
market are increasing passenger traffic, increasing imports and exports, and a
rise in the deliveries of aircraft.
In this
market, containers and pallets are the two major market segments by ULD type.
Lucintel predicts that the demand for containers is likely to experience the
highest growth by value during the forecast period due to increasing usage of containers in cargo
to protect the luggage and baggage from bad weather.
Within the global unit load device market, the
civil segment is expected to remain the largest segment by application type
during forecast period. Increasing
passenger traffic, increasing export/import, and rise in deliveries of aircraft
are the major drivers, which would spur growth for this segment over the
forecast period.
North America is expected to remain the
largest region because it has the highest amount of air
passenger traffic.
Asia Pacific is expected
to grow with highest CAGR during the forecast period due to growth
of commercial and regional aircraft markets due to an increase in passenger
traffic, rapid expansion of low-cost carriers, and domestic airlines.
For business expansion, the report suggests
new product development to reduce weight of unit load device. The report further suggests the development of
partnerships with customers to create win-win situations and the development of
low-cost solutions for customers.
Emerging
trends which have a direct impact on the dynamics of the industry include usage
of light weight material and development of temperature controlled and fire
resistant ULD. Nordisk Aviation, Zodiac Aerospace, PalNet, Dokasch, Satco Inc,
and AAR Corp are among the major suppliers of ULDs.
Lucintel, a leading global strategic
consulting and market research firm, has analyzed growth opportunities in the
global unit load device market by ULD type, application type, and region, and
has compiled a comprehensive research report entitled “Growth Opportunities in the Global Unit
Load Device Market 2016-2021: Trends, Forecast, and Market Analysis.”
The Lucintel report serves as a springboard for growth strategy, as it provides
a comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the growth opportunities in the global unit load
device market by ULD type, application type, and region, as follows:
|
ULD type (Value $ million from 2010 to
2021):
|
|
·
Containers
·
Pallets
Application
Type (Volume (units) and value
$ million from 2010 to 2021):
·
Civil
·
Military
Region (Value $ million from 2010 to 2021)
·
North America
·
Europe
·
Asia Pacific
·
Rest of World
This 96-page research report will enable
you to make confident business decisions in this globally competitive
marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or
helpdesk@lucintel.com. Lucintel offerings include Aerospace
Report, Defense
Market Report, Capital
Investment Analysis, Strategic
Growth Consulting and Due Diligence.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries.
For further information, visit www.lucintel.com.
This
report answers the following 11 key questions:
Q.1: What are
some of the potential, high-growth opportunities for global unit load device
market by ULD type (Container and Pallet), application type (Civil and
Military), and region (North America, Europe, Asia Pacific, and the Rest of
the World)?
Q.
2. Which product /segments will grow at a faster pace and why?
Q.
3. Which region will grow at a faster pace and why?
Q.4: What are the
key factors affecting market dynamics? What are the drivers and challenges in
this market?
Q.5:
What are the business risks and threats of this market?
Q.6: What are the emerging trends in this market
and reasons behind them?
Q.7: What are some of the changing demands of
customers in the market?
Q.8: What are the new developments in the market?
Which companies are leading these developments?
Q.9: Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?
Q.10: How is the competitive rivalry and threat of substitution in this
market?
Q. 11: What M&A activities have occurred in the last 5
years in this market? What reasons to these activities and how have they
impacted the industry
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