Passenger Stairs Market

Global Passenger Stairs Market By Type (Self-Propelled, Towable), By Application (Military, Airport, Construction), and By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)

  • Report ID: CG-39
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 11
  • No. Of Pages: 116
  • Format:
  • Pub. Date: 2020-09-01
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Market Outlook:

The global passenger stairs market was valued at USD 298.6 million in 2019 and is projected to reach USD 386.0 million by 2027, expanding at a CAGR of 3.3% during the forecast period. In terms of volume, the market is projected to expand at 1.5% during the forecast period. Passenger stairs are a set of steps that provide passengers a traverse between doors and the ground. These stairs are safe, stable and efficient for the long run. The urban population across the globe require passenger stairs as they are mostly involved in the transportation to commute from one city to another. Some of the airlines use passenger stairs to reduce cost and turnaround time. The passenger stairs have smooth adjustment of the platform height and are available in the models with open and closed staircase. The passenger stair assembly is generally mounted on a self-propelled chassis with automatic transmission and diesel engine. The advent of newer technologies such as electric and hydraulic circuits in passenger stairs has increased its adoption across developed countries.

Global Passenger Stairs Market Key Takeaways

Market Dynamics
The increasing number of airports and airlines across the world as well as growing passenger journeys are some of the factors driving the growth of passenger stairs market. For instance, according to a recent data published by the World Air Transport Statistics, in 2018, China recorded around 4 billion origin-destination (O-D) passenger journeys. Thus, this is expected to increase the demand for passenger stairs in the long run. Moreover, rise in globalization is increasing air travel, which, in turn is steadily propelling the demand for passenger stairs. Furthermore, the emergence of new and technologically advanced passenger stairs is expected to provide significant growth opportunity to the market.

Conversely, factors such as presence of alternate travelling options and requirement of high investment for airline companies are the potential impediments for the passenger stairs market growth. Additionally, regular repair and maintenance required for this equipment increases operational costs, which is ultimately inhibiting the market growth.
 

Segmental Outlook

Based on types, the global passenger stairs market has been categorized into self-propelled and towable passenger stairs. The towable passenger stairs segment is anticipated to witness substantial growth during the forecast period. The types segment of the global passenger stairs market is segmented according to the functional needs of the equipment, whether they run on an electricity/gasoline/diesel engine or they can be hand towed or drove. In terms of volume, the self-propelled segment is projected to account for a dominant share of the market, as these stairs are used to promote smooth aircraft services.

Global Passenger Stairs Market BPS Analysis

In terms of application, the passenger stairs market has been segmented into military, airport, construction, and others. The airport segment is estimated to expand at a highest CAGR during the forecast period due to the large demand for these stairs from airline companies. The demand for these stairs is projected to increase in the military segment due to the rise in the use of several aircraft and naval ships to increase military strength. The demand for airports in Western Europe, Asia Pacific, and North America is high owing to the increase in expansions and rise in the number of airports.

Global Passenger Stairs Market Share By Application

Regional Outlook

In terms of regions, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe held a market share of around 30.8% in 2019 and is anticipated to expand at lucrative growth rate during the forecast period. The high market share is attributed to the factors such as strong presence of market players and rising transportation of the global population in Europe. Moreover, Asia Pacific is expected to grow at highest CAGR from 2020 to 2027 as aviation sector facilitates a substantial amount of tourism in this region.

Global Passenger Stairs Market By Region

Competitive Landscape

  • Key players in the market include SINFONIA TECHNOLOGY CO., LTD., TIPS d.o.o., TLD (Alvest Group), Rosenbauer International AG., NMC-Wollard Inc. and JBT among others. These companies are considered as key manufacturers of passenger stairs based on their revenue, research & development (R&D) activities, regional presence, and supply chain management system.
  • The players are adopting key strategies such as acquisition, new product launches, and geographical expansion in order to strengthen their market position.
  • For instance, in October 2019, Delhi International Airport, India, deployed TLD’s GSE, TAXIBOTS. This airport is the first airport in the country to deploy semi-robotic aircraft tow vehicles. TAXIBOTS are anticipated to save probable 213 litters of fuel per flight, which equates to around USD 35 million on an annual basis.
  • In January 2019, JBT announced the acquisition of LEKTRO, Inc., a privately held company of electric aviation ground support equipment, based in Warrenton, Oregon, the US. LEKTRO provides AeroTech with a comprehensive offering of commercial aviation ground support equipment.
  • In 2017, JBT acquired Aircraft Maintenance Support Services (AMSS), a manufacturer of GSE for military and commercial applications in the UK, Europe, the Middle East, and Asia. AMSS’s primarily produced mobile stairs, Ambu-lift devices, military cargo loaders, cargo pallet movers, portable docks & manufacturing stands, and service trolleys.

Global Passenger Stairs Market By Manufacturers

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Passenger Stairs Market
  • Historical, Current and Projected Market Size in terms of Value and Volume (Units)
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Passenger Stairs Market Performance
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger Stairs Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Passenger Stairs Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Passenger Stairs Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Passenger Stairs Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Passenger Stairs Market Size & Forecast, 2017-2027
      4.5.1 Passenger Stairs Market Size and Y-o-Y Growth
      4.5.2 Passenger Stairs Market Absolute $ Opportunity
   4.6 Pricing Analysis & Forecast, By Type, 2017-2027
Chapter 5 Global Passenger Stairs Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Passenger Stairs Market Size & Volume Forecast By Type
      5.2.1 Self Propelled
      5.2.2 Towable
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Passenger Stairs Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Passenger Stairs Market Size & Volume Forecast By Application
      6.2.1 Military
      6.2.2 Airport
      6.2.3 Construction
      6.2.4 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Passenger Stairs Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Passenger Stairs Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Passenger Stairs Analysis and Forecast
   9.1 Introduction
   9.2 North America Passenger Stairs Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Passenger Stairs Market Size & Volume Forecast By Type
      9.6.1 Self Propelled
      9.6.2 Towable
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Passenger Stairs Market Size & Volume Forecast By Application
      9.10.1 Military
      9.10.2 Airport
      9.10.3 Construction
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Passenger Stairs Analysis and Forecast
   10.1 Introduction
   10.2 Europe Passenger Stairs Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Passenger Stairs Market Size & Volume Forecast By Type
      10.6.1 Self Propelled
      10.6.2 Towable
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Passenger Stairs Market Size & Volume Forecast By Application
      10.10.1 Military
      10.10.2 Airport
      10.10.3 Construction
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Passenger Stairs Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Passenger Stairs Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Passenger Stairs Market Size & Volume Forecast By Type
      11.6.1 Self Propelled
      11.6.2 Towable
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Passenger Stairs Market Size & Volume Forecast By Application
      11.10.1 Military
      11.10.2 Airport
      11.10.3 Construction
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Passenger Stairs Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Passenger Stairs Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Passenger Stairs Market Size & Volume Forecast By Type
      12.6.1 Self Propelled
      12.6.2 Towable
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Passenger Stairs Market Size & Volume Forecast By Application
      12.10.1 Military
      12.10.2 Airport
      12.10.3 Construction
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Passenger Stairs Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Passenger Stairs Market Size Forecast by Country
      13.2.1 GCC
      13.2.2 South Africa
      13.2.3 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Passenger Stairs Market Size & Volume Forecast By Type
      13.6.1 Self Propelled
      13.6.2 Towable
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Passenger Stairs Market Size & Volume Forecast By Application
      13.10.1 Military
      13.10.2 Airport
      13.10.3 Construction
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Passenger Stairs Market: Competitive Dashboard
   14.2 Global Passenger Stairs Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 JBT
      14.3.2 Guangtai
      14.3.3 TLD (Alvest Group)
      14.3.4 Mallaghan
      14.3.5 Rosenbauer International AG.
      14.3.6 SINFONIA TECHNOLOGY CO., LTD.
      14.3.7 TIPS d.o.o
      14.3.8 NMC-Wollard Inc
      14.3.9 BlissFox (Panus Assembly Co. Ltd.)
      14.3.10 Fast Global Solutions
      14.3.11 Nandan GSE Pvt. Ltd
      14.3.12 Sovam
      14.3.13 Ersel Technology
      14.3.14 KCIGSE
      14.3.15 Clyde Machines, Inc
      14.3.16 ANGELO BOMBELLI COSTRUZIONI METALLICHE SRL
      14.3.17 Equipos Industriales de Manutener SA (EINSA)
      14.3.18 Excel Group of Companies
      14.3.19 FRANKE-AeroTec GmbH
      14.3.20 Kruckeberg Industries, Inc. and Stinar Corp
      14.3.21 LAS-1
      14.3.22 TBD Owen Holland Ltd
      14.3.23 DENGE - Ground Support Equipment Manufacturer (GSE)
      14.3.24 ZODIAC EQUIPMENT spol. s r.o.
      14.3.25 Jiangsu Tianyi Airport Special Equipment Co., Ltd
      14.3.26 Darmec Technologies S.r.l.
      14.3.27 MP Industries, INC
      14.3.28 Rucker
Key Segments Covered
By Type
  • Self-Propelled
  • Towable
By Application
  • Military
  • Airport
  • Construction
  • Others
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Spain
    • Russia
    • Rest of the Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA
 

Key Market Players Profiled in the Report
  • JBT
  • Guangtai
  • TLD (Alvest Group)
  • Mallaghan
  • Rosenbauer International AG.
  • SINFONIA TECHNOLOGY CO., LTD.
  • TIPS d.o.o
  • NMC-Wollard Inc
  • BlissFox (Panus Assembly Co. Ltd.)
  • Fast Global Solutions
  • Nandan GSE Pvt. Ltd
  • Sovam
  • Ersel Technology
  • KCIGSE
  • Clyde Machines, Inc
  • ANGELO BOMBELLI COSTRUZIONI METALLICHE SRL
  • Equipos Industriales de Manutener SA (EINSA)
  • Excel Group of Companies
  • FRANKE-AeroTec GmbH
  • Kruckeberg Industries, Inc. and Stinar Corp
  • LAS-1
  • TBD Owen Holland Ltd
  • DENGE - Ground Support Equipment Manufacturer (GSE)
  • ZODIAC EQUIPMENT spol. s r.o.
  • Jiangsu Tianyi Airport Special Equipment Co., Ltd
  • Darmec Technologies S.r.l.
  • MP Industries, INC
  • Rucker

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request.

Yes, the report covers product specific information such as self-propelled passenger stairs and towable passenger stairs.

According to this Growth Market Reports report, the market from passenger stairs is likely to register a CAGR of 3.3% during forecast period 2020-2027, with an anticipated valuation of USD 386.0 million by the end of the 2027.

In addition to market size (in USD Million), the report provides volume data (in units) for all the five regions.

The increasing number of airports & airlines, growing number of passenger journeys and introduction of technologically advanced passenger stairs are some of the factors driving the market growth.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The COVID-19 pandemic has negatively impacted the market growth during year 2019 -2020 to a major extent.

The base year considered for the global passenger stairs market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.

Military, airport and construction industries are some of the end-users driving the market growth.

Major Manufactures include SINFONIA TECHNOLOGY CO., LTD., TIPS d.o.o., TLD (Alvest Group), Rosenbauer International AG., NMC-Wollard Inc., and JBT among others.