The Global Airport Stands Equipment Market size valued to USD 1.25 billion in 2019, is expected an elevation of USD 2.00 billion by 2030, witnessing a CAGR of 4.30% from 2020-2030. Airport stand equipment are support equipment used at the airports, during the arrival and departure of flights. These equipment’s ensures smooth-functioning of aircraft related operations, ensuring efficient operation of flights. Airport stand equipment solve the purpose of ground power operations, aircraft mobility, plus cargo or passenger loading/unloading operations, hence providing adequate safety along with comfort to airport staff and passengers. Market Segmentations and Scope of the Study: The global airport stands equipment market share analysis is based on the equipment type and geography. Based on equipment type, the market is segmented into Air Bridges, Preconditioned Air Unit, Electrical Ground Power Unit, and Stand Entry Guidance System. The Air Bridges are sub segmented into Steel Walled Air Bridges and Glass Walled Air Bridges. The Preconditioned Air Unit segment is further branched into Fixed Preconditioned Air Unit and Movable Preconditioned Air Unit. The Electrical Ground Power Unit segment is further sub segmented into conventional Fixed Electrical Ground Power Unit and Movable Electrical Ground Power Unit. The Stand Entry Guidance System is sub-segmented into Visual Docking Guidance System (V DGS) and Advanced Visual Docking Guidance System (A-VDGS). Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW. Request
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https://www.nextmsc.com/Airport-Strand-Equipment-Market/request-sample Geographical Analysis North America represents a developed market; hence it is expected to hold the major market share, dominating the airport stands equipment market throughout the forecast period. This is attributable to various factors such as increase in demand for new aircrafts, rise in passenger traffic, increase in tourism industry, infrastructural developments, and others. Asia Pacific is expected to grow significantly with gradually increasing market share, owing to the presence of emerging economies majorly India and china. Moreover, factors such as increase in number of airports, rise in disposable incomes, as well as surge in international transport are expected to augment the growth of airport stands equipment market. Inquire before buying: https://www.nextmsc.com/Airport-Strand-Equipment-Market/inquirebefore-buying Competitive Landscape
Some of the key players of the global airport stands equipment market include ShinMaywa Industries, Cavotec SA, TUG Technologies Corporation., JBT, FMT Aircraft Gate Support Systems AB, Aero Specialties, Inc., Omega Aviation Services, Inc., ThyssenKrupp Airport Systems, Ltd., and others. The cutting-edge product launches, facility expansions and collaborations among the market players, is taking the global airport stands equipment market to new-heights. For instance, in July 2018, the very well-known Textron Ground Support Equipment Inc. announced its first pushback in the new ALPHA series of conventional pushbacks, named ‘TUG ALPHA 4.’ The pushback is capable of moving aircraft up to the Airbus A340 and Boeing 747, with a maximum drawbar pull of 72,000 pounds and maximum net vehicle weight of 120,000 pounds. Besides, in March 2020, the major market player Cavotec SA bagged two major ground support equipment (GSE) orders costing more than 3 million euros. The airports being Chengdu Tianfu International Airport and Beijing Capital International Airport based in China. With this, Cavotec confirms its position as a leading supplier and systems integrator for the fast-growing Asian aviation market. About Us: Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics. We carefully analyse the historical data, augment it by constantly keeping an eye on the latest industry trends and estimate the future events to arrive at accurate market forecasts. For more insights, please visit: https://www.nextmsc.com
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