Airport Stands Equipment Market to rise to $ 1.73 Billion by the end of 2026


The Airport Stand Equipment Market was valued at $1.20 Billion in 2018, and is projected to reach $ 1.73 Billion by 2026 growing at a CAGR of 4.98% from 2019 to 2026.

Read Report Overview @
https://www.nextmsc.com/report/airport-strand-equipment-market 

Airport stand equipment are the predetermined stands used at airports during arrival and departure of flights. This equipment is used to ensure efficient operation of flights, provide adequate safety & comfort to passengers and airport staff, and ensure smooth functioning of all aircraft-related operations on the ramp. This equipment plays a key role in aircraft mobility, ground power operations, and cargo or passenger loading operations.

A constant rise in passenger traffic and global freight is likely to drive the demand of this market. Also, an expansion and upgradation of airports is also expected to foster the market growth during the forecast years. Additionally, rise in the demand of new aircrafts helps to grow the market at fast pace. Lastly, long shelf life of airport stands equipment coupled with shortage of skilled workforce may hinder the growth of airport stands equipment market.

The global Airport Stands Equipment market is segmented based on type, and region. On the basis of type, the market is classified into boarding bridges, preconditioned air units (PCA), ground power units, and others. Geographic breakdown and deep analysis of each of the aforementioned segments is included for North America, Europe, Asia-Pacific, and ROW.

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https://www.nextmsc.com/Airport-Strand-Equipment-Market/request-sample

The key players of this market are Aero Specialties, Inc., Airport Equipment, FMT Aircraft Gate Support Systems AB, Textron Inc., JBT Corporation,Cavotec SA, ThyssenKrupp AG ,ADELTE Group S.L.

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