How big is the Aircraft Cargo Systems Market?

The Aircraft Cargo Systems Market size is expected to reach USD 9.18 billion in 2024 and grow at a CAGR of 9.37% to reach USD 14.37 billion by 2029. Read More

What is the current Aircraft Cargo Systems Market size?

In 2024, the Aircraft Cargo Systems Market size is expected to reach USD 9.18 billion. Read More

Who are the key players in Aircraft Cargo Systems Market?

RTX Corporation, Telair International GmbH, Ancra International, LLC, Davis Aircraft Products Co., Inc. and KieTek International, Inc. are the major companies operating in the Aircraft Cargo Systems Market. Read More

Which is the fastest growing region in Aircraft Cargo Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Aircraft Cargo Systems Market?

In 2024, the North America accounts for the largest market share in Aircraft Cargo Systems Market. Read More

What years does this Aircraft Cargo Systems Market cover, and what was the market size in 2023?

In 2023, the Aircraft Cargo Systems Market size was estimated at USD 8.32 billion. The report covers the Aircraft Cargo Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aircraft Cargo Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Aircraft Cargo Systems Market Size & Share Analysis - Industry Research Report

Aircraft Cargo Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Aircraft Cargo Systems Market is Segmented by Product Type (Cargo Loading Systems and Interior Cargo Fittings) and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Aircraft Cargo Systems Industry Overview

The aircraft cargo systems market is highly fragmented due to the presence of many local players that provide airlines with cargo nets, hooks, rollers, and other cargo systems. The prominent players in the market are RTX Corporation, Ancra International LLC, Telair International GmbH, KieTek International, Inc., and Davis Aircraft Products Co., Inc.

The conversion of aircraft to freighter is carried out through the installation of an upper deck cargo door and associated control systems, refurbishment of ground beams for loading loads, and replacement of passenger equipment, ceilings, lighting, floor tiles, drainages, or smoke detectors. The Boeing B737-300/400/800, MD-80, and Bombardier CRJ200 are converted by Aeronautical Engineers Inc. Bedek Aviation (Israel Aerospace Industries, Ltd.). It converts B737-300, 400, 700, or 800 in 90 days, a B767-200 or 300 in four months, or a B747-400 in five months.

Partnerships of the cargo system providers with the aircraft OEMs are expected to propel the development of new loading and fitting systems that help the companies capture a significant market share. For instance, in November 2021, Airbus SE booked its first order for a newly launched wide-body freighter. Under the contract, the company would deliver seven freighter aircraft to Air Lease Corp. Similarly, in May 2022, Saudi Arabian Airlines placed an order with Mammoth Freighters for the conversion of seven Boeing 777 aircraft into an all-cargo configuration.