Global Airport Passenger Steps Market 2018-2022

The global airport passenger steps market size will grow by USD 115.13 million during 2018-2022. This report offers an analysis of the market based on product type (towable airport passenger steps and self-propelled airport passenger steps) and geography (Americas, APAC, and EMEA). The airport passenger steps market research report further analyzes the market’s competitive landscape and offers information on several companies including ALVEST, Aviramp, JBT, Mallaghan, and Las-1.

Below are some of the key findings from the airport passenger steps market research report

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Global airport passenger steps industry overview

The ever-increasing passenger traffic and rapidly growing global aircraft industry are the major factors triggering the airport passenger steps market growth. With the expansion and construction of airports globally, there is a rising demand for additional aircraft and expansion of existing terminals. Subsequently, the procurement of passenger steps is growing, to manage aircraft fleets and passenger handling systems. Rapidly growing economies are investing considerably in the management and development of aircraft fleets and their passenger handling systems. Governments are focusing on increasing the number of greenfield airports to ease the airport congestions in major cities. This, in turn, has led to further demand for airport passenger steps.

The need for agile transport infrastructure is one of the key market trends that will further drive the airport passenger steps market size growth. Growing air passenger traffic and flight destinations are molding the passenger handling operations to be more customer-centric. Agile airport infrastructure maximizes operational efficiency and effectiveness while reducing cost, minimizing complexities, and maximizing flexibility. Refurbishment programs of airport infrastructure, to make them more agile, are anticipated to further propel the airport passenger steps market growth. The airport passenger steps market forecast report predicts that fueled by these factors, the market will grow at a CAGR of almost 5% during the forecast period.

Top airport passenger steps companies covered in this market research report

The airport passenger steps market is moderately fragmented. The market will grow exponentially during the forecast period and offer opportunities to players operating in this market. The competitive landscape will, therefore, become intense over the coming years. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this airport passenger steps industry analysis report will aid clients to identify new growth opportunities and plan better strategies.

The report offers a complete analysis of various companies including:

• ALVEST
• Aviramp
• JBT
• Mallaghan
• Las-1

Airport passenger steps market segmentation based on geographic regions

• Americas
• APAC
• EMEA

Global airport passenger steps market analysis reveals that EMEA will lead the airport passenger steps market share until 2022. The APAC region will account for the highest airport passenger steps market growth throughout the forecast period.

Airport passenger steps market segmentation based on product type

• Towable airport passenger steps
• Self-propelled airport passenger steps

The towable airport passenger steps segment will account for the largest airport passenger steps market share during the forecast period. Self-propelled airport passenger steps will register the highest airport passenger steps market growth. Additionally, the report also provides an accurate prediction of the contribution of the various products types to the growth of the airport passenger steps market size.

Key highlights of the global airport passenger steps market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the airport passenger steps market during the next five years
• Precise estimation of the global airport passenger steps market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the airport passenger steps industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of airport passenger steps companies

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