the global airport stands equipment market was valued at $3.97 billion in 2020, and is projected to reach $7.22 billion by 2030, registering a CAGR of 6.4%.

WILMINGTON, DE, UNITED STATES, January 15, 2025 /EINPresswire.com/ -- Allied Market Research recently published a report, titled, "Airport Stand Equipment Market by Stand (Engine Access, Landing Gear Access, Wheel, Aircraft Entry, Cabin Interior, and Others) and Application (Aircraft Operations and Maintenance, Repair, & Overhaul (MRO)): Global Opportunity Analysis and Industry Forecast, 2021–2030" As per the report, the global airport stand equipment industry was accounted for $3.97 billion in 2020, and is expected to reach $7.22 billion by 2030, growing at a CAGR of 6.4% from 2021 to 2030.

Major determinants of the market growth

Increase in the global freight and passenger traffic and modernization of airports have boosted the growth of the global airport stand equipment market. However, long shelf life of airport stand equipment hinders the market growth. On the contrary, surge in focus on non-aviation-related revenue would open new opportunities for the market players in the future.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 (218 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) 𝐚𝐭 https://www.alliedmarketresearch.com/request-sample/1080

By stands, the aircraft entry segment held the largest share in 2020, accounting for nearly one-fourth of the global airport stand equipment market, owing to rise in demand for airport stands equipment for several applications at the airports. However, the cabin interior segment is estimated to register the highest CAGR of 8.2% during the forecast period.

The maintenance, repair and overhaul (MRO) segment to portray the highest CAGR through 2030

By application, the maintenance, repair and overhaul (MRO) segment is projected to manifest the highest CAGR of 7.8% from 2021 to 2030, due to rise in demand for aircraft maintenance services. However, the aircraft operations segment held the largest share in 2020, accounting for more than four-fifths of the global airport stand equipment market, owing to rise in demand for airport stands equipment for different operations.

North America held the lion's share

By region, the global airport stand equipment market across North America dominated in 2020, accounting for more than two-fifths of the market, owing to rise in R&D activities, rapid adoption of innovative technologies, and technological developments. However, the market across Asia-Pacific is anticipated to showcase the highest CAGR of 8.2% during the forecast period, owing to rise in air traffic across various Asian countries including China, India, Japan, and South Korea.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐃𝐚𝐭𝐚 𝐰𝐢𝐭𝐡 𝐀𝐜𝐭𝐢𝐨𝐧𝐚𝐛𝐥𝐞 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 & 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐡𝐞𝐫𝐞 𝐚𝐭 https://www.alliedmarketresearch.com/purchase-enquiry/1080

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

𝐋𝐈𝐌𝐈𝐓𝐄𝐃-𝐓𝐈𝐌𝐄 𝐎𝐅𝐅𝐄𝐑 (𝐓𝐢𝐥𝐥 30 𝐉𝐀𝐍 2025) - 𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/checkout-final/6e9193f862e8ccca14edb7a1f70dfbd2

Key Benefits For Stakeholders
This study presents analytical depiction of the global airport stand equipment market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall airport stand equipment market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities of the global airport stand equipment market with a detailed impact analysis.
The current airport stand equipment market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
The Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Findings Of The Study

By stand, the others segment, is expected to register a significant growth during the forecast period.
Depending on application, the maintenance, repair, & overhaul (MRO) segment is anticipated to exhibit significant growth in future.
Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

𝐂𝐡𝐞𝐜𝐤 𝐎𝐮𝐫 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :-
𝐒𝐮𝐛𝐦𝐚𝐫𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/submarine-market-A10675
𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐁𝐞𝐚𝐫𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/aerospace-bearings-market-A14120
𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐀𝐯𝐢𝐨𝐧𝐢𝐜𝐬 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/commercial-avionics-systems-market

David Correa
Allied Market Research
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