Market Share of Aircraft Tugs Industry
The aircraft tugs market is fragmented, with several players operating to cater to the business requirements of the end-users. Some of the prominent players in the market are Textron Inc. (Ground Support Equipment Inc.), Tinka Resources Limited (TLD), TREPEL Airport Equipment GmbH, Tronair, Inc., and John Bean Technologies Corp. Airlines and ground vehicle manufacturers work closely in developing new advanced vehicles that can improve ground operation, require lesser maintenance, enhance driver comfort, and emit less pollution. Also, manufacturers are trying to expand their product portfolio with new vehicles with different driveline capacities to cater to the demands of different airlines. For instance, in October 2022, Textron GSE launched its new TUG Endurance baggage tractor at the GSE Expo Europe event held at Le Bourget in Paris. Developments such as these are envisioned to affect the competitive landscape of the market.
Aircraft Tugs Market Leaders
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Textron Inc. (Ground Support Equipment Inc.)
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John Bean Technologies Corp
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Tronair, Inc.
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TREPEL Airport Equipment GmbH
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Tinka Resources Limited
*Disclaimer: Major Players sorted in no particular order
