Aircraft Hangar Equipment Market's Resilient Growth at 4.6% CAGR Forecasted till 2028

 


Market Overview: Global Aircraft Hangar Equipment Market

MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the Global Aircraft Hangar Equipment Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

Aircraft Hangar Equipment Market Insights 2023-28

The Global Aircraft Hangar Equipment Market is projected to grow at a CAGR of around 6.4.6% during the forecast period, i.e., 2023-28.

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Top Players in the Aircraft Hangar Equipment Market:

  • JBT AeroTech
  • All Metal Maintenance Stands
  • Sagar Asia
  • AERO Specialties, Inc.
  • CTI Systems S.à r.l.
  • SafeSmart Aviation
  • Safe Structure Designs, LLC
  • HYDRO SYSTEMS KG
  • Tronair
  • Semmco Limited
  • Wilcox Bodies Ltd.

Segmentation Analysis of Aircraft Hangar Equipment Market

Aircraft Hangar Equipment Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2023-28, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

-By Aircraft Type

  • Commercial
  • Military

Based on Aircraft Type, Military aircraft acquired a noticeable market growth in the historical period. It owes principally to the escalating geopolitical tension worldwide, such as the ongoing Russia-Ukraine War and the land dispute between the nations such as China, India, Pakistan, Greece, Turkey, etc. The increased agreements between the governments of several countries for the purchase of military aircraft in order to boost their military base have fostered the demand for aircraft maintenance facilities like hangars worldwide. Further, the increasing sales of fighter jets, cargo jets, etc., worldwide due to rising warfare tensions would likely require hangars for maintenance, repair, etc. These aspects are predicted to soar the demand for aircraft hangar equipment in the forecast years.

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-By Equipment Type

  • Aircraft Maintenance Access Stand
  • Aircraft Multi-Purpose Platform Stand
  • Tripod-Jacks
  • Axle-Jacks
  • Axle-Jack Hose pressure kit
  • Tow-bars
  • Helicopter Blade Rack
  • Aviation Chock Trolley
  • Fuselage Wash Stand
  • Aircraft Wheel and Brake Change Trailer
  • Hydraulic Ground Power Units
  • Aircraft Wheel & Tyre Handling
  • Fuselage Shelter
  • Mobile Elevated Work Platform (MEWP) Shelter
  • Engine Dolly / Engine Cradle
  • Others (WIFI Antenna Shelter, Custom Door Racks, Cowling Parts Rack, etc.)

A Comprehensive Geographical Analysis:

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Of them all, North America holds a sizable market share in the historical period and is foreseen to prevail in the same trend in the coming years. This growth primarily attributes to the substantial presence of renowned enterprises, the large influx of funds by the government relating to airport renovation activities, and the expansion of airports across the region. Skyservice Business Aviation, a North American aviation company, acquired a heavy-body aircraft hangar and an office facility from Bombardier in Montréal, Canada. The project is expected to fold the company’s presence at Montréal-Trudeau International Airport (YUL) in Canada. The growing number of commercial aircraft orders in countries like the USA and Canada is likely to push the aircraft hangar market forward during the forecast period.

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https://plaza.rakuten.co.jp/insightpulse/diary/202402090001/

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https://plaza.rakuten.co.jp/insightpulse/diary/202402080001/

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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.6 diverse industrial verticals.

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