MarkNtel Advisors recently published a detailed industry analysis of the Global Aircraft Hangar Equipment Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Aircraft Hangar Equipment Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Aircraft Hangar Equipment Market is projected to grow at a CAGR of around 4.6% during the forecast period, i.e., 2023-28.
Key Findings in Global Aircraft Hangar Equipment Market:
- Historical Analysis: 2018–2021
- Base Year: 2022
- Forecast Period: 2023–2028
Leading Market Players- JBT AeroTech, All Metal Maintenance Stands, Sagar Asia, AERO Specialties, Inc., CTI Systems S.à r.l., SafeSmart Aviation, Safe Structure Designs, LLC, HYDRO SYSTEMS KG, Tronair, Semmco Limited, Wilcox Bodies Ltd.
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Aircraft Hangar Equipment industry?
Strengthening Airports Expansion Worldwide- The Global Aircraft Hangar Equipment market saw a considerable rise in the historical years, owing to the construction of new airports in different regions such as the Middle East & Africa, South-East Asia, etc. Besides, the rapid downpour of air passengers worldwide and the urge to connect tourist destinations also calls for more new airports. As such, new airports would automatically require new hangars to sustain the aircraft fleets for maintenance, repair, and overhaul purposes, thereby driving the demand for hangar equipment during the forecast period. For instance,
- In November 2022, Saudi Arabia, in a bid to diversify its economy away from petrodollars, revealed its plans for a new airport in Riyadh, seemingly capable of receiving 180 million passengers a year.
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What segments define the Global Aircraft Hangar Equipment Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Equipment Type
- Aircraft Maintenance Access Stand
- Aircraft Multi-Purpose Platform Stand
- Tripod-Jacks
- Axle-Jacks
- Axle-Jack Hose pressure kit
- Tow-bars
- Helicopter Blade Rack
- Aviation Chock Trolley
- Fuselage Wash Stand
- Aircraft Wheel and Brake Change Trailer
- Hydraulic Ground Power Units
- Aircraft Wheel & Tyre Handling
- Fuselage Shelter
- Mobile Elevated Work Platform (MEWP) Shelter
- Engine Dolly / Engine Cradle
- Others (WIFI Antenna Shelter, Custom Door Racks, Cowling Parts Rack, etc.)
According to report, The types of equipment, such as aircraft maintenance access stand, fuselage shelter, washstand, and aircraft multi-purpose platform stand, among others, witnessed notable growth in the historical years.
By Aircraft Type
- Commercial Aircraft
- Passenger Aircraft
- Cargo Jets
- Helicopters
- Military Aircraft
- Fighter Jets
- Cargo Jets
- Helicopters & Others (Special Mission Aircraft)
According to report, Between the two, Military aircraft acquired a noticeable market growth in the historical period.
Explore the Complete Global Aircraft Hangar Equipment Market Analysis Report – https://www.marknteladvisors.com/research-library/aircraft-hangar-equipment-market.html
Geographical Analysis: Global Aircraft Hangar Equipment Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Aircraft Hangar Equipment Market Recent Development:
- In 2022, Safe Structure Designs, LLC Supplied customized wing access platform for the United States Coast Guard Leonardo C27J Spartan. Earlier in 2020, the US Army awarded the contract of around USD1 million to the company to supply fall protection platforms for the Boeing Chinook CH-46 and CH-47 aircraft.
- In March 2022, Denver International Airport received Southwest Airlines’ major infrastructure investment into the completion of a modern Technical Operations hangar facility at the airport.
- On July 7, 2022, Katowice Airport inaugurated the third aircraft maintenance hangar, the biggest building of its kind.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Aircraft Hangar Equipment Market?
- How is the Global Aircraft Hangar Equipment Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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