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Global Airport Stand Equipment Market to reach USD 7.38 billion by the end of 2030.

Global Airport Stand Equipment Market Size Study & Forecast, by Stands (Engine Access, Landing Gear Access, Wheel, Aircraft Entry, Cabin Interior, Others), By Application (Aircraft Operations, Maintenance, Repair, & Overhaul (MRO)), and Regional Analysis, 2023-2030

Product Code: ALTAWT-95145984
Publish Date: 20-05-2023
Page: 200

Global Airport Stand Equipment Market is valued at approximately USD 4.49 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.4% over the forecast period 2023-2030. Airport stand equipment refers to a range of machines, tools, and vehicles that are used to handle and service aircraft when they are parked at the airport. The equipment is designed to support the safe and efficient movement of aircraft on the ground. The Airport Stand Equipment Market is expanding because of factors such as the upgrades at airports, surge in global freight & passenger traffic, rise in international tourism, coupled with the increasing number of government initiatives.

In addition, the rising emphasis on the expansion of airport capacity and airport modernization is exhibiting a positive influence on the growth of the global market. The International Air Transport Association (IATA) provides the lead on numerous initiatives related to the expansion of airports and airspace. The main objective is to improve airports, their infrastructure, airspace, and other areas’ effectiveness, functioning, and safety. IATA projects spending between USD 1.2 trillion and USD 1.5 trillion on the construction of international airport infrastructure by the end of 2030. Thereby, increasing development of the airport infrastructure is bolstering the market demand globally. Moreover, the surge in technological advancements in airport stand equipment, as well as the increasing focus on airport safety and security, present various lucrative opportunities over the forecasting years. However, the long service life of airport stand equipment and the increase in expenses of low-cost operators are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Airport Stand Equipment Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the modernization of airports, increasing freight and passenger traffic, and increase in air cargo traffic. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecasting years. The rising number of government initiatives to develop airport, and rise in focus on non-aviation-related revenue, surge in international tourism, and growing focus on the expansion airport modernization are significantly propelling the market demand across the region.

Major market players included in this report are:
Aero Specialities
Dedienne Aerospace
Fabrication Authorities International, Inc. (FAI)
HHI Corporation
Hydro System KG
JETechnologies Solutions Inc. (JSI)
OEM Group Pty Ltd.
Semmco Ltd.
Waag Aircraft
Wildeck, Inc.

Recent Developments in the Market:
Ø In 2021, JBT AeroTech launched its new Jetway Express portable passenger boarding bridge. The Jetway Express is a lightweight and mobile passenger boarding bridge that is easily transported and set up at remote airport locations. The bridge is designed to improve the passenger experience and reduce turnaround times for airlines.

Global Airport Stand Equipment Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Stands, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Stands:
Engine Access
Landing Gear Access
Aircraft Entry
Cabin Interior

By Application:
Aircraft Operations
Maintenance, Repair, & Overhaul (MRO)
By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Airport Stand Equipment Market, by Region, 2020-2030 (USD Billion)
1.2.2. Airport Stand Equipment Market, by Stands, 2020-2030 (USD Billion)
1.2.3. Airport Stand Equipment Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Airport Stand Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Airport Stand Equipment Market Dynamics
3.1. Airport Stand Equipment Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing number of government initiatives Rising emphasis on the expansion of airport capacity and airport modernization
3.1.2. Market Challenges Long service life of airport stands equipment Rise in expenses of low-cost operators
3.1.3. Market Opportunities Surge technological advancements in airport stands equipment Increasing focus on airport safety and security
Chapter 4. Global Airport Stand Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Airport Stand Equipment Market, by Stands
5.1. Market Snapshot
5.2. Global Airport Stand Equipment Market by Stands, Performance – Potential Analysis
5.3. Global Airport Stand Equipment Market Estimates & Forecasts by Stands 2020-2030 (USD Billion)
5.4. Airport Stand Equipment Market, Sub Segment Analysis
5.4.1. Engine Access
5.4.2. Landing Gear Access
5.4.3. Wheel
5.4.4. Aircraft Entry
5.4.5. Cabin Interior
5.4.6. Others
Chapter 6. Global Airport Stand Equipment Market, by Application
6.1. Market Snapshot
6.2. Global Airport Stand Equipment Market by Application, Performance – Potential Analysis
6.3. Global Airport Stand Equipment Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Airport Stand Equipment Market, Sub Segment Analysis
6.4.1. Aircraft Operations
6.4.2. Maintenance, Repair, & Overhaul (MRO)
Chapter 7. Global Airport Stand Equipment Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Airport Stand Equipment Market, Regional Market Snapshot
7.4. North America Airport Stand Equipment Market
7.4.1. U.S. Airport Stand Equipment Market Stands breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Airport Stand Equipment Market
7.5. Europe Airport Stand Equipment Market Snapshot
7.5.1. U.K. Airport Stand Equipment Market
7.5.2. Germany Airport Stand Equipment Market
7.5.3. France Airport Stand Equipment Market
7.5.4. Spain Airport Stand Equipment Market
7.5.5. Italy Airport Stand Equipment Market
7.5.6. Rest of Europe Airport Stand Equipment Market
7.6. Asia-Pacific Airport Stand Equipment Market Snapshot
7.6.1. China Airport Stand Equipment Market
7.6.2. India Airport Stand Equipment Market
7.6.3. Japan Airport Stand Equipment Market
7.6.4. Australia Airport Stand Equipment Market
7.6.5. South Korea Airport Stand Equipment Market
7.6.6. Rest of Asia Pacific Airport Stand Equipment Market
7.7. Latin America Airport Stand Equipment Market Snapshot
7.7.1. Brazil Airport Stand Equipment Market
7.7.2. Mexico Airport Stand Equipment Market
7.8. Middle East & Africa Airport Stand Equipment Market
7.8.1. Saudi Arabia Airport Stand Equipment Market
7.8.2. South Africa Airport Stand Equipment Market
7.8.3. Rest of Middle East & Africa Airport Stand Equipment Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Aero Specialities Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. Dedienne Aerospace
8.3.3. Fabrication Authorities International, Inc. (FAI)
8.3.4. HHI Corporation
8.3.5. Hydro System KG
8.3.6. JETechnologies Solutions Inc. (JSI)
8.3.7. OEM Group Pty Ltd.
8.3.8. Semmco Ltd.
8.3.9. Waag Aircraft
8.3.10. Wildeck, Inc.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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