The North America Airport Stand Equipment Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
The stand requires a service road connection in order to provide services to aircraft. The medium and large stands are specified individually since they require more service handling than the small stands. The taxi point on medium and large stands goes beyond the perimeter of the stand.
An airport stand is a location on the apron where aircraft are stationed for unloading and loading as well as serving as a repair area for stationary aircraft. In an airport stand, airline and airport personnel carry out a variety of tasks. Before takeoff, airline mechanics and pilots do pre-flight inspections on the aircraft, refuel it, and load and unload food and luggage.
Airport stands are considered restricted parts of the airport, and in most cases, only authorized terminals and airline staff are allowed to enter. Only enclosed adjustable links known as jet bridges are used in the majority of large airports to allow passengers access to parked aircraft. These are structures that extend from the airport gate over the stand and connect with the aircraft doors. Their interiors resemble office corridors.
The United States government is increasingly focusing on the enhancement of its freight and aviation industry. The Department of Transportation launched the T-100 program on January 1, 1990. It includes traffic updates for foreign airlines flying to and from the US as well as traffic updates for US carriers' domestic and international flights. The Office of Airline Information of the Bureau of Transportation Statistics, which is part of the Department, receives these reports from the airlines each month. The International T-100 disclosure regulations stipulate that data must be kept private for a minimum of six months after the reporting date.
The US market dominated the North America Airport Stand Equipment Market by Country in 2021; thereby, achieving a market value of $1,498.3 million by 2028. The Canada market is experiencing a CAGR of 7.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.8% during (2022 - 2028).
Based on Stands, the market is segmented into Aircraft Entry, Wheel, Landing Gear Access, Engine Access, Cabin Interior and Others. Based on Application, the market is segmented into Aircraft Operations and Maintenance, Repair, & Overhaul (MRO). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Airport Stand Equipment Market is Estimated to reach $5.8 Billion by 2028, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aero Specialities, Dedienne Aerospace, Fabrication Authorities International, Inc., HHI Corporation, Hydro System KG, JETechnologies Solutions Inc., OEM Group Pty Ltd., Semmco Ltd., Waag Aircraft and Wildeck, Inc.
By Stands
By Application
By Country
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