The Global Airport Stands Market is projected to grow from USD 9.04 billion in 2018 to USD 11.81 billion by 2028, at a CAGR of 4.1% during the forecast period (2018-2028). The growth of the airport stands market is primarily driven by increased demand for air bridges and preconditioned air units across the globe. Increasing passenger traffic coupled with strict government regulations on aircraft noise pollution will drive the need for stand entry guidance systems in the coming years, which will be one of the key drivers for this market during the forecast period.
Airport stands are devices used to handle heavy aircraft and provide a stable foundation for them. They can be of two types: Air Bridges or Preconditioned Air Unit, Electrical Ground Power Unit, Stand Entry Guidance System A stand entry guidance system is divided into three parts including the guide vehicle with the sensor mounted inside it that detects obstacles on its path; the ground-based computer unit which handles all related data processing tasks and interfaces with other airport systems; and finally the guiding light bar installed at both ends of the taxiway that communicates with sensors in each end to give pilots an indication on where they should align their plane towards when approaching from either direction.
On the basis of type, the global airport stands market is segmented into Air Bridges, Preconditioned Air Unit and Electric Ground Power Units.
Air bridges are elevated structures that connect aircraft gates with boarding areas. They offer passengers a smoother and safer way to travel between the airport terminal building and airplanes, as opposed to carrying their luggage up or downstairs. Air bridges allow for more people per minute to board an airplane than using one of two stairways either at the front door near ground level or at the back door on the tarmac side.
At airports where air bridges exist (they can be found in many newer international terminals), they usually take off from just above sidewalk level outside: One end is anchored low enough so that it doesn't interfere with things like planes taking off or landing; while another arm extends high into the air connecting directly to plane's "gate" or boarding door. Passengers are able to board the planes with their baggage via a ramp or stairs on the other arm, which is sealed off from any possible weather conditions and temperature changes near ground level.
Air bridges can be built in several different sizes: small ones that only accommodate one plane at a time (which might work for smaller airports); medium-sized models that handle two; and larger versions capable of handling three full-size jets at once. They allow passengers quick access to airplanes without having to walk onto tarmac surfaces where they could get hit by an airplane taking off or have cars drive too close while picking up passengers from parking areas before entering airport terminals.
The Preconditioned Air Unit (PAU) can be found inside many stands due to its ability to maintain pressurized environments without requiring ventilation systems or bottled air. Preconditioned Air Units are typically used for civilian aircraft and military helicopters due to their smaller size. The PAU also removes unpleasant odors from jet engines that could be released in passenger areas of a plane or helicopter.
Electric Ground Power Units (EGPU) are used to provide the necessary power required for aircraft operation. EGPUs also called “buses” or “external power units,” have their own onboard generator and require a connection point at the airport stand.
On the basis of application, the global airport stands market is segmented into military aircraft, civil & commercial aircraft.
Military aircraft are one of the most demanding airport stand applications. Military airplanes require not only a sturdy and stable stand that can support heavy loads, but they also need to be able to withstand extreme temperatures, dust/sand storms, and other harsh conditions. Some examples of military planes where you would find an airport stand is in a C-130 Hercules transport plane which has two parallel railway tracks that allow it to be towed into position by a tow tractor. For some smaller jet fighters like the F-16 Fighting Falcon, there will only be one rail track on each side allowing it to be pulled from either end by its respective tug vehicle.
Civil & Commercial Aircraft: Civil & commercial airports use loading bridges or a PAU at the terminal end of the runway to load baggage onto planes before take-off. The last leg in getting passengers into their seats on board an airplane involves using airport stands with passenger entry guidance systems (EGOES). Airport ground crews create paths for wayfinding signage by strategically placing these EGOES throughout different areas around the airport terminal buildings. These signs connect travelers from various gates and terminals all over the country so that they can find their flights departing out of this particular location.
On the basis of region, the global airport stands market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Geographically North America dominates the global airport stands market in 2017; this is attributed to a high number of landings at airports across the region.
North America has a vast number of airports which is the major factor for its dominance in this region. The air bridges segment dominates airport stands market with maximum revenue share and also North American Airport Stands Market by Type (Air Bridges, Preconditioned Air Unit, Electrical Ground Power Unit), By Application (Military Aircraft Civil & Commercial Aircraft), and Region Forecast To 2028 set to grow at highest CAGR during forecast period 2017-2028.
This region has seen a growth in demand for terminal building facilities since most people are migrating to the cities due to increasing urbanization thus leading towards more international flights across various regions within the country.
The Latin American airport stands industry dominated by the US followed closely by Canada as both countries have a huge aviation industry and have seen a lot of air travel in recent years.
The Asia Pacific airport stands market is expected to grow at the highest CAGR during the forecast period 2017-2028 due to the increased number of air traffic across various regions within this region with China leading all other countries in terms of demand for airport facilities followed by India, Thailand, and others. This major growth can be attributed to close proximity between two main continents which makes it easier for international flights from one continent to another.
Europe has seen some progress but the need for more efficient airports will probably remain as most people are opting for low-cost airlines even if they don't offer direct services on routes that may not make sense economically while the Middle East & Africa Airport Stands Market is projected to grow at a CAGR of over 11% during 2017-2028 due to increased levels of air traffic across the region.
The growth factors of the global airport stand market have been studied. The major drivers for this market are increasing demand from military aircraft, a high level of infrastructure development in emerging economies, and a growing number of security threats.
- Rising demand for air quality and conditioned air in the airport stands, owing to increasing requirements of passengers.
- The growing need for a stand entry guidance system that helps improve the levels of safety and security at airports.
- Increasing global aviation industry with the growing number of aircraft deliveries per year as well as passenger traffic.
Up Market Research published a new report titled “Airport Stands Market research report which is segmented by Types (Air Bridges, Preconditioned Air Unit, Electrical Ground Power Unit, Stand Entry Guidance System), By Applications (Military Aircraft, Civil & Commercial Aircraft), By Players/Companies Aero Specialties, Airport Equipment, FMT Aircraft Gate Support Systems AB, Textron, JBT Corporation, Cavotec SA, ThyssenKrupp AG, ADELTE Group S.L., HDT Global, ShinMaywa Industries,”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Airport Stands Market Research Report|
|By Type||Air Bridges, Preconditioned Air Unit, Electrical Ground Power Unit, Stand Entry Guidance System|
|By Application||Military Aircraft, Civil & Commercial Aircraft|
|By Companies||Aero Specialties, Airport Equipment, FMT Aircraft Gate Support Systems AB, Textron, JBT Corporation, Cavotec SA, ThyssenKrupp AG, ADELTE Group S.L., HDT Global, ShinMaywa Industries,|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||235|
|Number of Tables & Figures||165|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Air Bridges, Preconditioned Air Unit, Electrical Ground Power Unit, Stand Entry Guidance System and By Application Military Aircraft, Civil & Commercial Aircraft.
Some of the companies that are profiled in this report are:
Airport Stands Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Airport Stands Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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