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Unit Load Device Market (ULD) by Product Type (Lower Deck 3, Lower Deck 6, Lower Deck 11, M 1, Pallets), Application (Commercial, Cargo), Material Type (Metal, Composite), Container Type (Normal, Cold) and Region - Global Forecast to 2021

Unit Load Device Market: Global Forecast until 2021

  • October 2016
  • 153 pages
  • ID: 4275248
In this report:
The commercial application segment of the unit load device market is expected to grow from USD ##,##.## million in 2016 to USD ##,##.## million by 2021, at a CAGR of ##.##% during the forecast period.
The composite segment of the unit load device market, by material type is expected to grow from USD ##.## million in 2016 and is projected to reach USD ##.## million by 2021, at a CAGR of ##.##% during the forecast period.

Summary

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"Rise in demand for lightweight ULDs is the main factor driving the unit load device market"

The unit load device market is forecasted to grow from ~$1.6B in 2016 to ~$2.0B by 2021, at a compound annual growth rate of ~4.3 percent during the forecast period. This sector is mainly influenced by factors, including rise in demand for lightweight ULDs, increase in international trade, and growth in demand for cold containers. Nevertheless, factors, including high repairing cost of unit load devices are anticipated to restrain the increase of this market.

"Established on product class, the pallets segment is intended to account for the most important share of the unit load device market during the estimate period"

Pallets unit load device are widely used, as pallets help in transportation of heavy cargo, and thus, this industry segment is forecasted to account for the largest part of market share during the outlook period. End users of pallets unit load device are airlines, cargo operators, ULD solution providers, and ULD management firms.

"Established on application, the commercial segment is expected to account for the most important share of the unit load device market during the estimate period"

The commercial segment is projected to account for the biggest share as increase in passenger traffic has led to growth in air cargo, thereby propelling the market demand for unit load devices for commercial aircraft.

"Established on material, the metal segment is envisaged to account for the most important share of the unit load device market during the outlook period"

Established on material, the metal segment is planned to account for the biggest share of the unit load device market during the estimate period. Aluminum sheets are used in the manufacturing of ULD frames and panels. Aluminum sheets are also used in the development of pallets that are used for lifting heavy cargo in an aircraft.

"Established on container type, the normal container segment is intended to account for the most important share of the unit load device market during the outlook period"

Established on container type, the normal container segment is forecasted to account for the biggest share of the unit load device market during the estimate period. Normal containers are used in commercial aircraft as well as cargo aircraft. Increase in aircraft orders will significantly contribute to the growing demand for unit load devices.

"The North American area is expected to account for the biggest market share; APAC to grow at the highest compound annual growth rate (CAGR) during the outlook period"

North America continent is one of the biggest sectors for unit load devices. The aviation sector in North America (NA) has been witnessing solid growth over the past few years, owing to increase in air passenger traffic and rise in the number of aircraft deliveries. This has led to growth in cargo that has propelled the industry demand for unit load devices, as they are used to carry passenger luggage, freight, and other items on an aircraft. Asia-Pac is the quickest increasing region due to the growth in disposable income of people. This has resulted in increase in the number of passengers travelling by air. This has further led to growth in cargo traffic, which, has contributed to the increasing demand for unit load devices in this area.

Distribution of profile of primary members taking part in the unit load device market:

- By Company Type - Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and 1/3 3 - 20.0 percent

- By Description - C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

- By area - North america (NA) - 45.0 percent, Europe - 20.0 percent, Asia-Pacific - 30.0 percent, RoW - 5.0 percent

Main firms decribed in the study are Nordisk Aviation Products AS, Zodiac Aerospace, VRR Aviation, DoKaSch GmbH, and Satco, Incorporated, among others.

Segment Research

This market report classifies the unit load device market into the specified segments and sub-segments on the basis of product type (LD 3, LD 6, LD 11, M 1, pallets, others), application, material (metal, composite, others), and container type (normal, cold, others), and maps these segments and sub-segments across main regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), and the Rest of the globe.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized different levels of analyses -industry study, market share research of top players, and company descriptions, which together comprise and examine basic views on opposing landscape, coming out and high-growth segments of the unit load device market, high-growth areas, and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on unit load devices provided by key players in the sector

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the unit load device market

- Industry development: Highlighted information about lucrative industries - the market research examines the industries for unit load devices across localities

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the unit load device market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the unit load device market

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