The global airport stand equipment market size was US$ 4.22 billion in 2021. The global airport stand equipment market size is forecast to reach US$ 7.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2022 to 2030.

Airport stand equipment refers to the maintenance or pre-determined stands used at airports during aircraft maintenance and when flights arrive and depart. It is possible to safely access the aircraft and perform routine maintenance and inspections using these platforms or stands. In addition, this equipment ensures efficient operations of flights, ensures the safety and comfort of all passengers and airport staff, and facilitates smooth ramp operations. The equipment is vital to aircraft mobility, ground power operations, and cargo or passenger loading.

Factors Influencing Market Growth

• Several factors drive the global market growth, such as an increase in freight & passenger traffic worldwide, airport upgrades, and technological advances in airport stand equipment. 
• Low-cost operators' increasing costs and long service life of airport stand equipment may slow down the overall market growth.
• An increase in the focus on revenue from non-aviation-related sources along with proactive government support for airport infrastructure is forecast to create major market expansion opportunities in the forecast period.

Impact Analysis of COVID-19

The COVID-19 outbreak prompted governments across the globe to impose stringent quarantines and ban import-export bans of raw materials for months. The result was a sudden decrease in raw materials for manufacturing airport stand equipment. Moreover, airport equipment manufacturers had to shut down operations partially or completely due to the nationwide lockdown. Globally, the COVID-19 pandemic has caused delays in various activities and initiatives relating to the development of advanced airport stand equipment. Therefore, the COVID-19 outbreak has negatively impacted the global airport stand equipment market growth.

Regional Insights

North America accounts for the largest revenue share in the airport stand equipment market. As a result of increasing R&D activities, technological improvements by key players, and rapid adoption of innovative technologies for making reliable airport stand equipment.

The Asia Pacific region is likely to grow at a high rate during the forecast period. As a result of increased air traffic across several Asian nations, including China, India, Japan, and South Korea. China and India's markets are also likely to grow significantly between 2022 and 2030. Additionally, during the forecast period, the market in these countries will grow as the number of airports and passenger traffic increase, thus driving the regional market growth.

Leading Competitors

The leading prominent companies profiled in the global airport stand equipment market are:

• Aero Specialities
• Dedienne Aerospace
• Fabrication Authorities International, Incorporated (FAI)
• HHI Corporation
• Hydro System KG
• JETechnology Solutions Incorporated (JSI)
• OEM Group Pty Limited
• Semmco Limited
• Waag Aircraft
• Wildeck, Incorporated
• Other Prominent Players

Scope of the Report

The global airport stand equipment market segmentation focuses on Stands, Application, and Region.

Segmentation based on Stands

• Engine Access
• Landing Gear Access
• Wheel
• Aircraft Entry
• Cabin Interior
• Others

Segmentation based on Application

• Aircraft Operations
• Maintenance, Repair, & Overhaul (MRO)

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America