SHARE
Airport Stands Equipment Market

Airport Stands Equipment Market Forecasts to 2028 - Global Analysis By Stand (Aircraft Entry, Engine Access, Cabin Interior, Wheel), Equipment Type (Preconditioned Air Unit (PCA), Air Bridges), Platform Type (Movable, Fixed), End User (Civilian, Military Aviation, Commercial Aviation), and By Geography

4.3 (30 reviews)
Published: July 2022 ID: SMRC21668
4.3 (30 reviews)
Published: July 2022 ID: SMRC21668

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Airport Stands Equipment Market is accounted for $4.67 billion in 2022 and is expected to reach $7.62 billion by 2028 growing at a CAGR of 8.5% during the forecast period. Airport stands is found at an airport, which is mainly used to service the aircrafts between journeys. This equipment is used to ensure efficient operation of flights, provide adequate safety & comfort to passengers and airport staff, and ensure smooth functioning of all aircraft-related operations on the ramp. These equipments play a key role in the numerous operations include passengers or cargo loading/ unloading, airplanes mobility, and ground power services. It supports the aircrafts by providing comfort and safety to the passengers and aircraft operators.

According to the International Air Transport Association (IATA), 52.2 million metric tons of cargo was transported in 2015 and is predicted to increase at a CAGR of 4.1% for the next 5 years. Moreover, as per IATA, the global air freight market when measured grew by 9.0% FTKs (Freight Ton Kilometers). This means that the air passenger traffic results increased by 4.3% compared to the results in 2018. In addition, as per IATA’s 20-year air passenger forecast, the number of air traveler could double to 8.2 billion by end of 2037. Thus, a surge in air travel is anticipated to drive the market growth.

Market Dynamics:

Driver:

Rise in global freight and passenger traffic

Global freight transport is a key component in the trade of goods and materials. Increase in transportation of pharmaceuticals, medical equipment, & personal protective equipment as well as sudden rise in price of shipping positively impact the air freight traffic. According to the International Air Transport Association (IATA), the demand for air cargo increased by 6.9% in 2021, compared to 2019 (pre-covid levels) and 18.7% compared to 2020, following a strong performance in December 2021, and is expected to continue increment in the upcoming year. This rise in global freight operations creates demand for regular maintenance of cargo aircraft and loading stands or platforms, which simultaneously creates demand for airport stand equipment. Moreover, surge in international tourism has led to the construction of new airports and expansion of existing ones.

Restraint:

Lack of skilled workforce

Airport stands equipment requires skilled personals in order to uphold and operate this equipment’s. Digitalization and addressing the skilled labor shortage to build resilience and ensure long-term sustainability for ground handling activities. In addition, lack of availability of skilled labors to operate these equipment’s are expected to hinder the growth of airport stands equipment market in the near future.

Opportunity:

Growing the brownfield and green field airport projects

Continuous increase in the number of greenfield and brownfield airport projects across the globe is creating ample investment opportunities for the airport stands equipment market. The Government of India has received proposals for setting up Greenfield airports at various places all over the country as there is a growing need for internationally-benchmarked airports. The investment in airport infrastructure industry, especially in the greenfield and brownfield projects are increasing with large number of ongoing and proposed projects. Furthermore, the upgrade or modification of existing airports in the both developed and developing economies is further expected to drive the market growth.

Threat:

Pandemic had a negative impact on global aviation industry

The COVID-19 pandemic had a significant impact on the aviation industry due to travel restrictions and a slump in demand among travelers. Significant reduction in passenger numbers has resulted in flights being cancelled or planes flying with very few passengers. This, in turn, is estimated to hamper the demand for airport stands equipment in the near future.

The air bridges segment is expected to be the largest during the forecast period

The air bridges segment is estimated to have a lucrative growth, due to increasing need for air bridges to help passengers aboard the plane easily and ability of air bridges to extend from an airport terminal gate to the aircraft. Moreover, air bridges offer various benefits such as is can be movable, fixed and expanded in length as per the structure of the airport and requirement. Currently, many players are focusing on developing large aircrafts to gain more profits, which in turn is expected to increase demand and usage of air bridges.

The civilian segment is expected to have the highest CAGR during the forecast period

The civilian segment is anticipated to witness the fastest CAGR growth during the forecast period, owing to the increasing demand in commercial aviation applications, increasing demand for upcoming airports, growth in international tourism, and demand for domestic and international flights.

Region with highest share:

North America is projected to hold the largest market share during the forecast period due to increasing number of air passengers is resulting into more demand of aircrafts. In addition, countries in North America such as US and Canada are known as capital for aerospace industry, which is another major factor expected to drive North America market in the next few years. Furthermore, the construction of new airports and renovation of old airports are directly impacting the airport sands equipment market to provide better comfort and safety to the passengers and aircrafts workforce in North America.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, due to increase in the number of air travelers and existence of fast growing economies such as South Korea, China and India. Moreover, high industrial cluster in this region, along with the demand for modernization of airports and refurbishment, is expected to pull the demand for airport stands equipment. Developing countries are looking for sustainable and technologically-advanced equipment. With the use of airport stands equipment, higher efficiency levels and cost savings can be achieved, which is one of the reasons that make this market attractive in this region.

Key players in the market

Some of the key players profiled in the Spices and Seasonings Market include Cavotec SA, JBT Corporation, Adelte Group, Textron Inc., ThyssenKrupp AG, TUG Technologies Corporation, SAHCO Plc, Omega Aviation Inc, ShinMaywa Industries Ltd, AERO Specialties, HDT Global, Aero Specialties, Inc., FMT Aircraft Gate Support Systems AB, Safegate Group, Wildeck, Inc., JETechnologies Solutions Inc. (JSI), Hydro System KG, and Semmco Ltd.

Key Developments:

In April 2022, SAHCO Plc, a leading airport, and aviation service provider acquired 10 Passenger Step Units manufactured by Mallaghan, one of the fastest-growing airport ground support equipment manufacturers worldwide. With this acquisition, SAHCO wanted to expand its fleet of Ground Support Equipment (GSE) with ultra-modern equipment to prevent aircraft damage.

In January 2019, the AERO Specialties introduced new system “JetGo 300 Ground Power Unit” designed for turboprop aircraft and DC turbine, which is developed to provide constant power for avionics.

In July 2018, the Textron Ground Support Equipment Inc. announced its first pushback in the new ALPHA series of conventional pushbacks, named ‘TUG ALPHA 4.’ The pushback is capable of moving aircraft up to the Airbus A340 and Boeing 747, with a maximum drawbar pull of 72,000 pounds and maximum net vehicle weight of 120,000 pounds.

Stands Covered:
• Landing Gear Access
• Aircraft Entry
• Engine Access
• Cabin Interior
• Wheel

Equipment Types Covered:
• Preconditioned Air Unit (PCA)
• Air Bridges
• Electrical Ground Power Unit
• Stand Entry Guidance System
• Passenger Boarding Bridge

Airport Hubs Covered:
• Non-Hub
• Small Hub
• Medium Hub
• Large Hubs

Platform Types Covered:
• Movable
• Fixed

Airport Categories Covered:
• Domestic Airports
• International Airports

Applications Covered:
• Maintenance, Repair, & Overhaul (MRO)
• Aircraft Operations

End Users Covered:
• Civilian
• Military Aviation
• Commercial Aviation

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
 

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Airport Stands Equipment Market, By Stand
5.1 Introduction
5.2 Landing Gear Access
5.3 Aircraft Entry
5.4 Engine Access
5.5 Cabin Interior
5.6 Wheel

6 Global Airport Stands Equipment Market, By Equipment Type
6.1 Introduction
6.2 Preconditioned Air Unit (PCA)
6.3 Air Bridges
6.3.1 Glass Walled Air Bridge
6.3.2 Steel Walled Air Bridge
6.4 Electrical Ground Power Unit
6.5 Stand Entry Guidance System
6.5.1 Advanced Visual Docking Guidance System (A-VDGS)
6.5.2 Visual Docking Guidance Systems (VDGS)
6.6 Passenger Boarding Bridge

7 Global Airport Stands Equipment Market, By Airport Hubs
7.1 Introduction
7.2 Non-Hub
7.3 Small Hub
7.4 Medium Hub
7.5 Large Hubs

8 Global Airport Stands Equipment Market, By Platform Type
8.1 Introduction
8.2 Movable
8.3 Fixed

9 Global Airport Stands Equipment Market, By Airport Category
9.1 Introduction
9.2 Domestic Airports
9.3 International Airports

10 Global Airport Stands Equipment Market, By Application
10.1 Introduction
10.2 Maintenance, Repair, & Overhaul (MRO)
10.3 Aircraft Operations

11 Global Airport Stands Equipment Market, By End User
11.1 Introduction
11.2 Civilian
11.3 Military Aviation
11.4 Commercial Aviation

12 Global Airport Stands Equipment Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa

13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies

14 Company Profiling
14.1 Cavotec SA
14.2 JBT Corporation
14.3 Adelte Group
14.4 Textron Inc.
14.5 ThyssenKrupp AG
14.6 TUG Technologies Corporation
14.7 SAHCO Plc
14.8 Omega Aviation Inc
14.9 ShinMaywa Industries Ltd
14.10 AERO Specialties
14.11 HDT Global
14.12 Aero Specialties, Inc.
14.13 FMT Aircraft Gate Support Systems AB
14.14 Safegate Group
14.15 Wildeck, Inc.
14.16 JETechnologies Solutions Inc. (JSI)
14.17 Hydro System KG
14.18 Semmco Ltd.

List of Tables
1 Global Airport Stands Equipment Market Outlook, By Region (2020-2028) ($MN)
2 Global Airport Stands Equipment Market Outlook, By Stand (2020-2028) ($MN)
3 Global Airport Stands Equipment Market Outlook, By Landing Gear Access (2020-2028) ($MN)
4 Global Airport Stands Equipment Market Outlook, By Aircraft Entry (2020-2028) ($MN)
5 Global Airport Stands Equipment Market Outlook, By Engine Access (2020-2028) ($MN)
6 Global Airport Stands Equipment Market Outlook, By Cabin Interior (2020-2028) ($MN)
7 Global Airport Stands Equipment Market Outlook, By Wheel (2020-2028) ($MN)
8 Global Airport Stands Equipment Market Outlook, By Equipment Type (2020-2028) ($MN)
9 Global Airport Stands Equipment Market Outlook, By Preconditioned Air Unit (PCA) (2020-2028) ($MN)
10 Global Airport Stands Equipment Market Outlook, By Air Bridges (2020-2028) ($MN)
11 Global Airport Stands Equipment Market Outlook, By Glass Walled Air Bridge (2020-2028) ($MN)
12 Global Airport Stands Equipment Market Outlook, By Steel Walled Air Bridge (2020-2028) ($MN)
13 Global Airport Stands Equipment Market Outlook, By Electrical Ground Power Unit (2020-2028) ($MN)
14 Global Airport Stands Equipment Market Outlook, By Stand Entry Guidance System (2020-2028) ($MN)
15 Global Airport Stands Equipment Market Outlook, By Advanced Visual Docking Guidance System (A-VDGS) (2020-2028) ($MN)
16 Global Airport Stands Equipment Market Outlook, By Visual Docking Guidance Systems (VDGS) (2020-2028) ($MN)
17 Global Airport Stands Equipment Market Outlook, By Passenger Boarding Bridge (2020-2028) ($MN)
18 Global Airport Stands Equipment Market Outlook, By Airport Hubs (2020-2028) ($MN)
19 Global Airport Stands Equipment Market Outlook, By Non-Hub (2020-2028) ($MN)
20 Global Airport Stands Equipment Market Outlook, By Small Hub (2020-2028) ($MN)
21 Global Airport Stands Equipment Market Outlook, By Medium Hub (2020-2028) ($MN)
22 Global Airport Stands Equipment Market Outlook, By Large Hubs (2020-2028) ($MN)
23 Global Airport Stands Equipment Market Outlook, By Platform Type (2020-2028) ($MN)
24 Global Airport Stands Equipment Market Outlook, By Movable (2020-2028) ($MN)
25 Global Airport Stands Equipment Market Outlook, By Fixed (2020-2028) ($MN)
26 Global Airport Stands Equipment Market Outlook, By Airport Category (2020-2028) ($MN)
27 Global Airport Stands Equipment Market Outlook, By Domestic Airports (2020-2028) ($MN)
28 Global Airport Stands Equipment Market Outlook, By International Airports (2020-2028) ($MN)
29 Global Airport Stands Equipment Market Outlook, By Application (2020-2028) ($MN)
30 Global Airport Stands Equipment Market Outlook, By Maintenance, Repair, & Overhaul (MRO) (2020-2028) ($MN)
31 Global Airport Stands Equipment Market Outlook, By Aircraft Operations (2020-2028) ($MN)
32 Global Airport Stands Equipment Market Outlook, By End User (2020-2028) ($MN)
33 Global Airport Stands Equipment Market Outlook, By Civilian (2020-2028) ($MN)
34 Global Airport Stands Equipment Market Outlook, By Military Aviation (2020-2028) ($MN)
35 Global Airport Stands Equipment Market Outlook, By Commercial Aviation (2020-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
 

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials