Global Lavatory Service Vehicles Market: Future Forecast Indicates Impressive

Posted by Arslan on February 18th, 2019

Fact.MR recently published a report “Lavatory Service Vehicles Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2028” to deliver the information on important market dynamics that support the quantitative information about the lavatory service vehicles market presented in the report. The report also highlights the challenges, restraints, and risks of investing in the lavatory service vehicles market during the forecast period. The report also sheds light on the regional outlook of the lavatory service vehicles, and help readers to understand which regions create lucrative opportunities for lavatory service vehicle manufacturers. The information features in the report on lavatory service vehicles can market players to understand the market thoroughly before making information-based decisions.

Electric Lavatory Service Vehicles Gain Ground in the Aviation Industry

The U.S. Environment Protection Agency (EPA) has published documents to set Guidelines on Airport Emissions and Emission Reductions, which is encouraging airports to put efforts into reducing emissions from ground support equipment (GSE), such as lavatory service vehicles. Depending on their off-road utilization characteristics, lavatory service vehicles are subject to various emission regulations. Although most lavatory service vehicles are powered by gasoline or diesel, popularity of zero-emission GSE is expected to boost demand for electric lavatory service vehicles in the coming future. For example, over 22 airports in the U.S., including Seattle–Tacoma, Dallas-Fort Worth, and Philadelphia International Airport, are using over 230 electric vehicles. Increasing adoption of zero-emission GSE, including lavatory service vehicles, is expected to redefine the lavatory service vehicles market growth in the foreseeable future.

Lavatory Service Vehicles with Smart Safety Features to Become Pervasive

Following safety procedures and error-free operations are the most critical rules for ground support personnel while operating lavatory service vehicles. Thereby, manufacturers in the lavatory service vehicles market are closely observing unique safety needs of ground support personnel to introduce innovative features of lavatory service vehicles. The lavatory service vehicles market is expected to witness introduction to vehicles with various safety accessories, such as rear view camera system, to that can help operators to safely navigate on busy airport runways. Introducing smarter safety features, such as real-time visuals and audio alerts on operational errors, for lavatory service vehicles is expected to become a popular trend among stakeholders in the lavatory service vehicles market in the upcoming years.

GSE Vendors Focus on Rising Demand for Lavatory Service Vehicles with Smaller Capacities

The International Air Transport Association (IATA) recently declared in its report that, in 2017, global air passenger traffic increased 7.6% compared to 2016. Increasing disposable income of consumers in the emerging markets is boosting the number of domestic air passengers, where smaller aircrafts prove to be more profitable. This is resulting in inducing significant changes in GSE management system developed by airports, making a significant impact on the lavatory service vehicles market. With the increasing number of smaller aircrafts being on the run, airports are aiming to cut down on the resources expended in GSE, including lavatory service vehicles, to implement a low-cost business model. This may cause a palpable shift in demand for lavatory service vehicles with larger capacities to those with smaller capacities in the upcoming years.

Incorporation of Advanced Technologies to Enhance the Safety of Operation has become a Popular Market Trend

Operational errors, such as accidental overfilling by lavatory service vehicles can pose serious damage to the aircraft, which can cost thousands of dollars for reparation. A majority of manufacturers in the lavatory service vehicles market are adopting strategies to efficiently design a lavatory service vehicle with maximum control over the quantity of fluids to be transferred to eliminate the risk of accidental overfilling. With the adoption of UV-resistant, crack-resistant, and rust-proof materials to manufacture batching tanks in lavatory service vehicles, manufacturers are aiming to introduce safer and highly-efficient lavatory service vehicles. By incorporating advanced technologies, leading stakeholders in the lavatory service vehicles market are introducing innovative features to gain a competitive edge in the market in the upcoming years.

Competitive Landscape

The research report on lavatory service vehicles market, published by Fact.MR, features a comprehensive list of stakeholders in the market, such as manufacturers, distributors, and suppliers, information about which describes the competitive environment in the market. Readers can find detailed information about leading players in the lavatory service vehicles market, including company overview, SWOT analysis, key financials, and key strategies, which can help them to track their competitors’ moves. Stakeholders in lavatory service vehicles market featured in the Fact.MR report are Alvest Group, Sage Parts, Weihai Guangtai Airport Equipment Co., Ltd., Vestergaard, TBD Owen Holland Ltd., Lift-A-Loft Engineered Aerial Solutions, ACCESSAIR Systems, Inc., Aero Specialties, Inc., Air+Mak Industries Inc., Alberth Aviation Ltd., Aircraft Services, Inc., Bailey Specialty Cranes & Aerials, and Industrial Man Lifts.

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