Global Air Cargo Unit Load Device (ULD) Market Likely to Grow at 4.1% CAGR Over the Next Five Years (2016-2021)

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DETROIT, MI, USA, October 29, 2016 /EINPresswire.com/ -- Stratview Research announces the addition of a new market research report on Global Air Cargo Unit Load Device (ULD) Market by Device Type (Containers and Pallets), by Material Type (Composites, Metal, and Others), by Product Type (LD3, LD 6, LD7, LD11, M1, and Others), By Deck (Lower Deck and Main Deck), by Aircraft Type (Narrow Body, Wide Body, Very Large Aircraft, and Military Aircraft), by Region (NA, Europe, APAC, ROW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.
This market report from Stratview Research studies the global air cargo ULD market over the period 2010 to 2021. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Global Air Cargo Unit Load Device (ULD) Market: Highlights

Stratview Research foresees a healthy growth of 4.1% CAGR in the global passenger air cargo ULD market over the next five years (2016 – 2021), which offers an opportunity to the aviation industry to align themselves with the market growth.
There are several factors bolstering the growth of air cargo ULD market in the global aviation industry. The author of the report cited Growing cargo traffic owning to increasing urbanization and rising disposable income, lightweight ULD, and advancement in technology are some of the major drivers of the market.
Containers are expected to remain the largest device type in the global air cargo ULD market during the forecast period. Higher preference over pallets, safer device to transport cargo, and ease of loading and unloading are some of the growth drivers of the air cargo containers segment. Lightweight container is the mega trend in the global ULD market.
As per the report, composite materials based air cargo ULD are expected to experience the fastest growth during the forecast period. The increasing demand of lightweight containers for reducing operational cost by increasing fuel efficiency is the major driver of the segment.
As per the research study, wide body aircraft is expected to remain the largest aircraft type for the global air cargo ULD market during the forecast period. High number of ULDs per aircraft, increasing deliveries of wide body aircraft, and increasing demand of wide body aircraft by cargo airlines are some of the major growth drivers of the segment. Wide body aircraft is expected to experience the fastest growth for the same period.
The key air cargo ULD manufacturers are Zodiac Aerospace, Cargo Composites, Nordisk Aviation, VRR Aviation, and Satco Inc. Lightweight containers, partnership with ULD management companies, and regional expansion are the key strategies adopted by the key players to gain competitive edge in the market.

Report Features

This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

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