Below are some of the key findings from this airport catering trucks market analysis report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global airport catering trucks market overview
The rise in business and leisure travel and increased spending capability of passengers are driving the demand for inflight catering businesses. To ensure best-in-class services, airlines frequently enter into strategic collaboration with inflight catering service providers, who focus on providing quality onboard services on behalf of the airlines. Such preferences are more prevalent among full-service carriers that offer tickets at much higher rates than low-cost airlines. The growth in inflight catering businesses will increase the demand for airport catering trucks driving market growth at a CAGR of almost 6% during the forecast period.
Furthermore, the growing environmental concerns are encouraging end-users to prefer catering trucks with low carbon emissions. Several manufacturers are introducing innovative catering truck models such as double deck airport catering trucks to cater to the demand of end-users. Double deck airport catering trucks not only help airline service providers to reduce carbon emissions and driver cost but also aid in increasing the overall load capacity with minimal flow time. The growing need for cost-efficient catering trucks will be one of the critical trends gaining traction in the market.
Top airport catering trucks market companies covered in this market research report
The airport catering trucks market is highly concentrated, and manufacturers in this market are focusing on developing electric engine vehicles to improve their market share. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by companies, this airport catering trucks industry analysis report will help clients assess the market’s growth potential and design innovative strategies to strengthen their market positions.
The report offers a complete analysis of several vendors including:
- AIR T, INC.
- AlVEST
- DOLL Fahrzeugbau
- Mallaghan
- Smith Transportation Equipment
Airport catering trucks market segmentation based on geographic regions
- North America
- Europe
- APAC
- MEA
- South America
North America will account for the largest airport catering trucks market share during the forecast period. The expansion of airport infrastructure projects is one of the critical factors that will drive airport catering trucks market growth in this region.
Airport catering trucks market segmentation based on end-users
- Commercial airports
- Non-commercial airports
The commercial airports segment will account for the highest airport catering trucks market growth during the forecast period because of factors such as the growth of the airline industry and the increase in the number of air passengers.
Key highlights of the global airport catering trucks market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the airport catering trucks market during the next five years
- Precise estimation of the global airport catering trucks market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the airport catering trucks market industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of airport catering trucks companies
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