Global Aircraft Hangar Equipment

Global Aircraft Hangar Equipment Market Research Report: Forecast (2023-2028)

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 Tro Read more

  • Aerospace & Defense
  • Dec 2022
  • 193
  • AD77012

Market Definition

Aircraft hangars are buildings or structures intended to hold spacecraft or aircraft and ensure their safety from adverse weather conditions or heists. Such hangars are often built using metal, wood, or concrete. These are often custom-made based on the type of aircraft, the purpose of the hangar along with its location and costs.

Market Insights

The Global Aircraft Hangar Equipment Market is projected to grow at a CAGR of around 4.6% during the forecast period, i.e., 2023-28. The market for aircraft hangars has attained a swift growth pace with the sudden surge in the number of airbuses worldwide. With the increased number of aircraft, the need to ensure their safety and storage has also arisen, which in turn, has enabled the production of hangar equipment like aircraft multi-purpose platform stand, aircraft maintenance access stand, tripod-jacks, axle-jacks, axle-jack hose pressure kit, among others, ramp up in recent years. The utility of these hangars in terms of building aircraft, storing and also repairing, if and when needed, has furthered the market expansion. Moreover, with substantial funding from government authorities, the Aircraft Support Industries (ASI) is likely to enthrall in the coming years. For instance,

  • In December 2019, Canadian airport authority, Aeroports De Montreal (ADM) sponsored a new connections center. With C$50m ($37.7m), YUL aims to establish an international air traffic hub while ensuring world-class air services at the airport.
Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 4.6%
Regions Covered North America: The US, Canada, Mexico
South America: Brazil, Rest of South America
Europe: Germany, The UK, France, Russia, Spain, Italy, Rest of Europe
Asia-Pacific: China, Japan, India, South Korea, Rest of Asia Pacific
Middle East & Africa: Saudi Arabia, The UAE, Israel, Turkey, Rest of The Middle East & Africa
Key Companies Profiled 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.
Unit Denominations USD Million/Billion

 

In addition, the rising number of air passengers in regions such as Europe, Asia-Pacific, the Middle East & Africa, etc., has been necessitating the requirement for new airports in order to meet the air traffic growth. According to the International Air Transport Association, the total traffic in March 2022 (measured in revenue passenger kilometers or RPKs) increased to 76.0% in comparison to March 2021. Moreover, due to the growing number of air passengers in the countries such as India, Vietnam, China, etc., the airport authorities in the respective countries are strengthening their air passenger handling capacities by expanding runways, developing new airports, enhancing aircraft fleet sizes, etc. As a result, the design and construction of hangars have been uplifted to cater to the growing capacities of the airport. For instance,

  • England’s Heathrow Airport’s third runway construction is expected to be completed by 2026. The expansion of the runway would increase the passenger capacity from nearly 85.5 million to about 130 million annually.
  • Beijing Capital International Airport has announced the construction of the eighth and ninth runway which is expected to be operational by 2025. The ninth runway has been designed for military use.

Key Trends in the Market

  • The Growing Propensity for Inflatable Hangars across developing countries

Inflatable aspect have gained traction in recent years predominantly due to their ability to get built in a shorter time compared to traditionally constructed aircraft barracks. Another factor backing such inclination demonstrated by the airport facilities is the lesser cost of installation associated with it. Moreover, the solidifying airport initiatives in developing countries further amplifies the demand for such advanced aircraft barracks. The ability to withstand adverse weather conditions alongside being sustainable has led to an increase in its installation. The integration of inflatable technology and technical textiles has paved the way for the utilization of inflatable hangars in all kinds of aircraft, from commercial, military, drones, and private jets to general aviation aircraft. For instance,

  • In Feb 2021, GMR Hyderabad received India’s first inflatable hangar, becoming the only MRO in Asia to have installed such a hangar to date. This hanger can house up to an Airbus A320/Boeing 737 size aircraft.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Impact of COVID-19 on Global Aircraft Hangar Equipment Market
  5. Global Aircraft Hangar Equipment Market: Key Insights
    1. Planned New Airports/Expansion Projects
    2. Upcoming Aircraft Purchases
    3. Others
  6. Global Aircraft Hangar Equipment Market Trends & Insights
  7. Global Aircraft Hangar Equipment Market Dynamics
    1. Drivers
    2. Challenges
  8. Global Aircraft Hangar Equipment Market Porters Five Forces Analysis
  9. Global Aircraft Hangar Equipment Market Regulations & Policies
  10. Global Aircraft Hangar Equipment Market Hotspots & Opportunities
  11. Global Aircraft Hangar Equipment Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Equipment Type
        1. Aircraft Maintenance Access Stand
        2. Aircraft Multi-Purpose Platform Stand
        3. Tripod-Jacks
        4. Axle-Jacks
        5. Axle-Jack Hose pressure kit
        6. Tow-bars
        7. Helicopter Blade Rack
        8. Aviation Chock Trolley
        9. Fuselage Wash Stand
        10. Aircraft Wheel and Brake Change Trailer
        11. Hydraulic Ground Power Units
        12. Aircraft Wheel & Tyre Handling
        13. Fuselage Shelter
        14. Mobile Elevated Work Platform (MEWP) Shelter
        15. Engine Dolly / Engine Cradle
        16. Others (WIFI Antenna Shelter, Custom Door Racks, Cowling Parts Rack, etc.)
      2. By Aircraft Type
        1. Commercial Aircraft
          1. Passenger Aircraft
          2. Cargo Jets
          3. Helicopters
        2. Military Aircraft
          1. Fighter Jets
          2. Cargo Jets
          3. Helicopters & Others (Special Mission Aircraft)
      3. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East & Africa
        5. Asia Pacific
      4. By Company
        1. Competition Characteristics
        2. Market Share of Leading Companies
  12. North America Aircraft Hangar Equipment Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Equipment Type
      2. By Aircraft Type
        1. Commercial Aircraft
        2. Military Aircraft
      3. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    4. Canada Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    5. Mexico Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
  13. South America Aircraft Hangar Equipment Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Equipment Type
      2. By Aircraft Type
        1. Commercial Aircraft
        2. Military Aircraft
      3. By Country
        1. Brazil
        2. Rest of South America
    3. Brazil Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
  14. Europe Aircraft Hangar Equipment Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Equipment Type
      2. By Aircraft Type
        1. Commercial Aircraft
        2. Military Aircraft
      3. By Country
        1. Germany
        2. The UK
        3. France
        4. Russia
        5. Spain
        6. Italy
        7. Rest of Europe
    3. Germany Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    4. The UK Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    5. France Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    6. Russia Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    7. Spain Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    8. Italy Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
  15. The Middle East & Africa Aircraft Hangar Equipment Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Equipment Type
      2. By Aircraft Type
        1. Commercial Aircraft
        2. Military Aircraft
      3. By Country
        1. Saudi Arabia
        2. The UAE
        3. Israel
        4. Turkey
        5. Rest of The Middle East & Africa
    3. Saudi Arabia Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    4. The UAE Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    5. Israel Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    6. Turkey Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
  16. Asia Pacific Aircraft Hangar Equipment Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Equipment Type
      2. By Aircraft Type
        1. Commercial Aircraft
        2. Military Aircraft
      3. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Rest of Asia Pacific           
    3. China Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    4. Japan Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    5. India Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
    6. South Korea Aircraft Hangar Equipment Market Outlook, 2018-2028
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Aircraft Type
  17. Global Aircraft Hangar Equipment Market Key Strategic Imperatives for Growth & Success
  18. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. JBT AeroTech
      2. All Metal Maintenance Stands
      3. Sagar Asia
      4. AERO Specialties, Inc.
      5. CTI Systems S.à r.l.
      6. SafeSmart Aviation
      7. Safe Structure Designs, LLC
      8. HYDRO SYSTEMS KG
      9. Tronair
      10. Semmco Limited
      11. Wilcox Bodies Ltd.
  19. Disclaimer
Aircraft Hangar Equipment Market Segmentation Slide
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