Airport Stands Equipment Market CAGR 6.4% | $7.22 Billion Revenue in 2030
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%.
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.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ (218 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) ๐๐ญ https://www.alliedmarketresearch.com/request-sample/1080
The aircraft entry segment dominated the market
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.
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.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐ข๐จ๐ง๐๐๐ฅ๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ & ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ก๐๐ซ๐ ๐๐ญ 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.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐ ๐๐๐๐๐ง๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐ ๐๐๐ซ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/electronic-warfare-market-A09732
๐๐ซ๐จ๐ง๐ ๐๐๐ฆ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/drone-camera-market-A11099
๐๐ง๐ฆ๐๐ง๐ง๐๐ ๐๐ซ๐จ๐ฎ๐ง๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/unmanned-ground-vehicle-UGV-market
David Correa
Allied Market Research
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