Global Airport Stands Equipment Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 5.2% - ResearchAndMarkets.com
Jul. 09, 2018
DUBLIN--(BUSINESS WIRE)--Jul 9, 2018--The "Airport stands equipment Market by Type, Ground Power Units, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
The global airport stands equipment market was valued at $1,096 million in 2016, and is projected to reach at $1,547 million by 2023, growing at a CAGR of 5.20% from 2017 to 2023.
Continuous rise in global freight and passenger traffic, modernization of airports, and high demand of new aircrafts drive the growth of the global airport stands equipment market. However, long shelf life of airport stand equipment and dearth of skilled workforce hampers the market growth.
Based on type, the boarding bridges segment led the airport stands equipment market in 2016, and is projected to maintain its dominance in the future. However, the preconditioned air unit segment is expected to witness the highest growth, owing to its increased adoption due to different initiatives taken by countries to reduce the carbon emission of aircraft on the ground.
North America generated the highest revenue in 2016; however, Asia-Pacific segment is anticipated to witness the fastest growth during the forecast period.
Companies Mentioned:Aero Specialties, Inc. Airport Equipment FMT Aircraft Gate Support Systems AB Textron Inc. JBT Corporation Cavotec SA ThyssenKrupp AG ADELTE Group S.L. HDT Global ShinMaywa Industries, Ltd.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Airport Stand Equipment Market, By Type
Chapter 5: Airport Stand Equipment Market, By Geography
Chapter 6: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/grbprn/global_airport?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180709005371/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Airports and Air Traffic Control
INDUSTRY KEYWORD: TRANSPORT AIR
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 07/09/2018 06:06 AM/DISC: 07/09/2018 06:06 AM