The global Air Freight Unit Load Device (ULD) market was valued at US$ 357.6 million in 2019 and it is expected to reach US$ 495 million by the end of 2026, growing at a CAGR of 4.7% during 2021-2026.
Air Freight Unit Load Device (ULD) is a pallet or container used to load luggage, freight, and mail on wide-body aircraft and specific narrow-body aircraft. It allows a large quantity of cargo to be bundled into a single unit. Since this leads to fewer units to load, it saves ground crews time and effort and helps prevent delayed flights. Each ULD has its own packing list (or manifest) so that its contents can be tracked.
The largest share is taken by TransDigm (Nordisk & AAR Cargo) , Satco, Inc. and Safran (Zodiac Aerospace), which together account for a share close to 37 % of Air Freight Unit Load Devices market globally. In terms of regions, the Asia-Pacific area represents the largest piece of global ULD market with 39% of the world total, followed by Europe at 33% and North America at 23%. In the forecast, more new investment will be attracted into this field.
Global Air Freight Unit Load Device (ULD) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Air Freight Unit Load Device (ULD) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are TransDigm (Nordisk & AAR Cargo), Satco, Inc., Safran (Zodiac Aerospace), PalNet GmbH, VRR Aviation, ACL Airshop, DoKaSch GmbH, Unilode, Taiwan Fylin Industrial, Wuxi Aviation, Shanghai Avifit, Jettainer and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
Container was the larger segment of Air Freight Unit Load Devices, with a market share close to 61% in 2018.
Segment by Application
- Cargo Air Transport
- Civil Air Transport
Cargo Air Transport, who had a market share of 72%, was the largest application of Air Freight Unit Load Devices in 2018. It was followed by Civil Air Transport with a share of 23%.
Table of Content:
1 Air Freight Unit Load Device (ULD) Market Overview
2 Air Freight Unit Load Device (ULD) Market Competition by Manufacturers
3 Air Freight Unit Load Device (ULD) Retrospective Market Scenario by Region
4 Global Air Freight Unit Load Device (ULD) Historic Market Analysis by Type
5 Global Air Freight Unit Load Device (ULD) Historic Market Analysis by Application
6 Key Companies Profiled
7 Air Freight Unit Load Device (ULD) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Air Freight Unit Load Device (ULD) Market Dynamics
10 Global Air Freight Unit Load Device (ULD) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta