Global Airport Catering Truck Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Airport Catering Truck has its application in the transportation of food to the aircraft and is suitable for use on a wide range of aircraft models. Moreover, chassis, lifter, thermal door, carriage, supporting feet, workbench, hydraulic system, electrical system, and refrigeration unit are typical components of these trucks. The growing air passenger traffic worldwide and rising demand for cost-effective in-air catering solutions are key factors driving the market growth.
In post-pandemic era global passenger traffic has significantly increased, creating a lucrative growth prospectus for the market over the forecast period. For instance - as per the Directorate General of Civil Aviation (DGCA)'s December 2022 data, India witnessed an almost 50% increase in passenger traffic compared to 2021. Moreover, around 123.2 million passengers travelled by air in India in 2022, witnessing a 47% increase in the number of passengers in 2021. Furthermore, as per International Civil Aviation Organization (ICAO) - in 2021, the number of passengers worldwide was estimated at 2.3 billion or 49 per cent below pre-pandemic (2019) levels, and up from the 60 per cent drop was seen in 2020. Additionally, global seating Capacity offered by airlines worldwide increased by approximately 20 per cent during the same period. However, the volatile cost of raw materials and supply chain constraints arising due to the pandemic expected to impede market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Airport Catering Truck Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the availability of well-established domestic airport infrastructure as well as increasing passenger traffic in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising investment towards the development of greenfield & upgradation of existing brownfield airports in the region.
Major market player included in this report are:
- Mallaghan Engineering Limited
- DOLL Fahrzeugbau GmbH
- Jiangsu Tianyi Airport Special Equipment Co.Ltd
- Rucker Equip. Industriais Ltda.
- Smith Transportation Equipment
- AIR T INC
- AlVEST
- Nandan GSE Pvt. Ltd.
- Eagle Industries DWC-LLC
- Global Ground Support LLC
Recent Developments in the Market:
- In July 2022, AIR T, INC, announced the formation of its wholly owned subsidiary named Crestone Air Partners, Inc. focused on trading, leasing, and managing commercial aviation assets. This new JV would invest in aviation assets.
Global Airport Catering Truck Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Capacity, Application, Maximum Still Height, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Capacity
- Below 1500kg
- 1500kg to 4000kg
- above 4000kg
By Application
- Commercial
- Non-Commercial Airport
By Product Type
By Maximum Sill Height
- Below 4 metre
- 4 metre to 6 metre
- Above 6 metre
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Airport Catering Truck Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Airport Catering Truck Market, by Capacity, 2019-2029 (USD Billion)
- 1.2.3. Airport Catering Truck Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Airport Catering Truck Market, by Product Type, 2019-2029 (USD Billion)
- 1.2.5. Airport Catering Truck Market, by Maximum Sill Height, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Airport Catering Truck Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Airport Catering Truck Market Dynamics
- 3.1. Airport Catering Truck Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing air passenger traffic worldwide
- 3.1.1.2. Rising demand for cost effective in-air catering solutions.
- 3.1.2. Market Challenges
- 3.1.2.1. Volatile cost of raw materials
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing investment towards development of airport infrastructure
- 3.1.3.2. Rising technological advancement in Airport Catering truck
Chapter 4. Global Airport Catering Truck Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Airport Catering Truck Market, by Capacity
- 6.1. Market Snapshot
- 6.2. Global Airport Catering Truck Market by Capacity, Performance - Potential Analysis
- 6.3. Global Airport Catering Truck Market Estimates & Forecasts by Capacity 2019-2029 (USD Billion)
- 6.4. Airport Catering Truck Market, Sub Segment Analysis
- 6.4.1. Below 1500kg
- 6.4.2. 1500kg to 4000kg
- 6.4.3. Above 4000kg
Chapter 7. Global Airport Catering Truck Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Airport Catering Truck Market by Application, Performance - Potential Analysis
- 7.3. Global Airport Catering Truck Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Airport Catering Truck Market, Sub Segment Analysis
- 7.4.1. Commercial
- 7.4.2. Non-Commercial Airport
Chapter 8. Global Airport Catering Truck Market, by Product Type
- 8.1. Market Snapshot
- 8.2. Global Airport Catering Truck Market by Product Type, Performance - Potential Analysis
- 8.3. Global Airport Catering Truck Market Estimates & Forecasts by Product Type 2019-2029 (USD Billion)
- 8.4. Airport Catering Truck Market, Sub Segment Analysis
- 8.4.1. Electric
- 8.4.2. Hybrid
Chapter 9. Global Airport Catering Truck Market, by Maximum Sill Height
- 9.1. Market Snapshot
- 9.2. Global Airport Catering Truck Market by Maximum Sill Height, Performance - Potential Analysis
- 9.3. Global Airport Catering Truck Market Estimates & Forecasts by Maximum Sill Height 2019-2029 (USD Billion)
- 9.4. Airport Catering Truck Market, Sub Segment Analysis
- 9.4.1. Below 4 metre
- 9.4.2. 4 metre to 6 metre
- 9.4.3. Above 6 metre
Chapter 10. Global Airport Catering Truck Market, Regional Analysis
- 10.1. Airport Catering Truck Market, Regional Market Snapshot
- 10.2. North America Airport Catering Truck Market
- 10.2.1. U.S. Airport Catering Truck Market
- 10.2.1.1. Capacity breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Product Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. Maximum Sill Height breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Airport Catering Truck Market
- 10.3. Europe Airport Catering Truck Market Snapshot
- 10.3.1. U.K. Airport Catering Truck Market
- 10.3.2. Germany Airport Catering Truck Market
- 10.3.3. France Airport Catering Truck Market
- 10.3.4. Spain Airport Catering Truck Market
- 10.3.5. Italy Airport Catering Truck Market
- 10.3.6. Rest of Europe Airport Catering Truck Market
- 10.4. Asia-Pacific Airport Catering Truck Market Snapshot
- 10.4.1. China Airport Catering Truck Market
- 10.4.2. India Airport Catering Truck Market
- 10.4.3. Japan Airport Catering Truck Market
- 10.4.4. Australia Airport Catering Truck Market
- 10.4.5. South Korea Airport Catering Truck Market
- 10.4.6. Rest of Asia Pacific Airport Catering Truck Market
- 10.5. Latin America Airport Catering Truck Market Snapshot
- 10.5.1. Brazil Airport Catering Truck Market
- 10.5.2. Mexico Airport Catering Truck Market
- 10.5.3. Rest of Latin America Airport Catering Truck Market
- 10.6. Rest of The World Airport Catering Truck Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Mallaghan Engineering Ltd.
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. DOLL Fahrzeugbau GmbH
- 11.2.3. Jiangsu Tianyi Airport Special Equipment Co.Ltd
- 11.2.4. Rucker Equip. Industriais Ltda.
- 11.2.5. Smith Transportation Equipment
- 11.2.6. AIR T INC
- 11.2.7. AlVEST
- 11.2.8. Nandan GSE Pvt. Ltd.
- 11.2.9. Eagle Industries DWC-LLC
- 11.2.10. Global Ground Support LLC.
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption