According to a recent report published by Allied Market Research, titled, โAirport Stands Equipment Market by Stand and Application: Global Opportunity Analysis and Industry Forecast, 2021โ2030,โ 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%.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/1080
North America dominates the market, in terms of revenue, followed by Asia-Pacific, Europe, and LAMEA. U.S. dominated the global airport stand equipment market share in North America in 2020, owing to increase in R&D activities, technological developments by key players, and rapid adoption of innovative technologies in making reliable airport stand equipment. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in air traffic across several Asian nations, for instance, China, India, Japan, and South Korea.
By stands the airport stands equipment market is segregated into engine access, landing gear access, wheel, aircraft entry, cabin interior, and others. The aircraft entry segment accounted for the highest revenue in 2020, owing to increase in demand for airport stands equipment that are used for various applications at the airports.
Depending on application, theย airport stands equipment market sizeย is segmented into aircraft operations and maintenance, repair, & overhaul (MRO). The aircraft operations segment was the highest revenue contributor in 2020, owing to increase in demand for airport stands equipment, which are used for numerous operations at the airport.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/airport-stands-equipment-market/purchase-options
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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.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/1080
The key players that operate in the global airport stands equipment market include Aero Specialities, Dedienne Aerospace, Fabrication Authorities International, Inc., HHI Corporation, Hydro System KG, JETechnologies Solutions Inc. (JSI), OEM Group Pty Ltd., Semmco Ltd., Waag Aircraft, and Wildeck, Inc