Airport stands equipment market expected to reach US$1.2bn by 2020

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A report by independent researcher firm Research and Markets has estimated that the airport stands equipment market will grow at an annual compound growth rate (CAGR) of 7% to reach US$1.2bn by 2020. This is based on a figure of US$851.7m being spent in the industry in 2015.

Major drivers for the airport stands equipment market include the expansion and modernization of airports globally, along with the increasing number of upcoming airports in the developing regions.

The report provides comprehensive insights into various aspects of the market and is segmented on the basis of equipment, sub types of equipment, technology, and regions.

The equipment segments include air bridges, preconditioned air units, electrical ground power units and stand entry guidance systems. The technology types differ according to the equipment type. The regional segments included in the report are North America, Europe, Asia-Pacific, the Middle East and the Rest of the World.

Major players in the airport stands equipment market include JBT Aerotech (USA), ThyssenKrupp Airport Systems (USA), TUG Technologies Corporation (USA), Cavotec (Switzerland), ShinMaywa Industries (Japan), Safegate Group (Sweden), FMT Airport Systems (Sweden), Adelte Group (Spain), Aerospace Specialties (USA), and Omega Aviation (USA).

Top order a copy of the airport stands equipment market report by Research and Markets click here.

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About Author

, editor-in-chief

Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

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