Industry Background:
Air cargo containers are solid vessels that are used to store luggage, freight, or other cargo. It includes refrigerated and non-refrigerated containers that can accumulate a large quantity of cargo as a single unit. The shape and size of containers vary depending upon the consumer requirements and cargo type. These containers should be compatible with cargo handling systems and are designed to fit in the aircraft equipment. The concept of containerization by air is adopted by civil airlines as well as by the military forces. These airlines use custom-made containers for their respective aircraft with ground handling equipment. The containers are carried on the lower deck for the passenger-carrying aircraft while the cargo aircraft use both lower and upper deck for carrying the containers.This growth is primarily driven by Growing pharmaceuticals and biological exports and Rising Demand from E-commerce Industry, Proliferation in Global Aircraft Fleet and Expansion of Air Cargo Terminals Worldwide and Rising Demand for Transportation of Various Goods across the Globe in a Short Span Of Time..
Globally, a noticeable market trend is evident Increasing Adoption Of Lightweight Air Cargo Containers Around The Globe. The Aerospace & Defense sector in the North America, Europe region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Nordisk Aviation Products (Norway), Zodiac Aerospace (France), VRR Aviation (Netherlands), Satco, Inc. (United States), Cargo Composites (United States), Granger Aerospace (United States), Chicago Metal Fabricators (United States), PalNet GmnH Air Cargo Products (Germany), ACL Airshop (United States) and DoKaSch Temperature Solutions GmbH (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2021, Envirotainer has launched a new pharma container called the Releye RLP 30000 PC. It claimed the container can maintain temperatures for more than one week before re-charging. The Releye RLP fills a substantial gap in the cold-chain pharmaceutical air freight market, utilizing the space of two 1-pallet solutions to deliver 3 euro-pallets, increasing cost-efficiency by 50 percent.
Regulatory Insights:
International Air Transport Association (IATA) has set the guidelines for lightweight containers that are capable of carrying a varied range of loads.
Market Drivers
- Growing pharmaceuticals and biological exports and Rising Demand from E-commerce Industry
- Proliferation in Global Aircraft Fleet and Expansion of Air Cargo Terminals Worldwide
- Rising Demand for Transportation of Various Goods across the Globe in a Short Span Of Time.
Market Trend
- Increasing Adoption Of Lightweight Air Cargo Containers Around The Globe
Restraints
- Stringent Regulatory Laws And Technical Know-How And Slowdown In The Global Economy
- Increase In Aviation Fuel Prices
Opportunities
Expansion Of Air Cargo Terminals In Emerging Economies And Advancement In Technology Such As Development Of Lightweight Containers and Increase In Number Of Commercial Airlines At A Rapid Pace And The Rising Demand From The Defense Authorities To Transport Goods
Challenges
High Maintenance Costs
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Air Cargo Containers Study Sheds Light on
The Air Cargo Containers Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Air Cargo Containers industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Air Cargo Containers industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.