Market Research Future (MRFR) studied the Aircraft Docking Systems Market 2020 for the analysis period. As per MRFR analysis, the Aircraft Docking Systems Market can rise at 3.14% CAGR to value at USD 12,278.7 Mn by 2030. The significant rise in the need for new aircrafts as political tension across nations intensifies can support the expansion of the aircraft docking system market in the review period.
CTI Systems S.à r.l. (Luxembourg), NIJL Aircraft Docking (Netherlands), ZARGES GmbH (Germany), Kawasaki Heavy Industries, Ltd (Japan), Reel (France), Turner & Co. Ltd (UK), Instant UpRight (Ireland), Aircraft Support Industries (Singapore), Kern Steel Fabrication, Inc. (US), and ALTEC Aluminium Technik GmbH (Germany) are some notable companies in the aircraft docking systems market that are listed by MRFR.
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August 2020 The Port of Seattle chose AERO BridgeWork’s state-of-the-art technology- Advanced Visual Docking Guidance System (A-VDGS). AERO BridgeWork is one of the leading design consulting firm in the US.
The segment analysis of the Aircraft Docking Systems Market is done by Aircraft Type, Type, Application, Platform, and Operation.
The Type based segment of the Aircraft Docking Systems Market are complete or combination docks, nose docks, wing docks, engine docks, fuselage docks, and tail docks. The fuselage docks segment can earn above USD 4,470.7 Mn by 2030 for the worldwide market. The fuselage aircraft docking system has well-developed modules, they are usually a combination of the docks with wing and nose docks. These features are creating demand for aircraft dockings system that can support the rise of the market.
The platform-based segment of the aircraft docking systems market is military, commercial, and general aviation. The commercial segment can rise at 3.35% CAGR in the analysis period. This segment are mostly non-military that comprises of business jets, scheduled carriers, and other private aircraft among others. The significant rise in the demand for commercial aircraft docking system can prompt the market expansion.
The aircraft type-based segment of the aircraft docking systems market are fixed-wing and rotary-wing. The fixed-wing segment can earn revenue above USD 7,597.6 million by the end of the review period. The growing application of fixed-wing configuration due to their advantages, such as large area coverage, high endurance, considerable passenger carrying capacity, and flight speed, can promote the expansion of the aircraft docking system market.
The operation-based segment of the aircraft docking systems market is non-powered and powered. The powered segment can rise at 3.29% CAGR in the analysis period. The application-based segment of the aircraft docking systems market are aircraft maintenance repair & overhaul (MRO), aircraft manufacturing, and aircraft painting. The aircraft manufacturing segment can earn above USD 5,524.1 Mn for the global market.
In North America, the aircraft docking market can value at USD 4,810.8 Mn at 2.58% CAGR by 2030. The presence of notable aircraft manufacturers and availability of effective MRO services can support the regional market expansion. In Europe, the aircraft docking system market can generate revenue that exceed USD 2,754.1 Million on the conclusion of the study period at 3.44% CAGR. In Asia Pacific, the aircraft docking systems services market is expected to be the fastest growing market in the world. The presence of well-known OEMs and cost-effective MRO services can support the expansion of APAC market. In North America and Europe, the gradual rise in the need for aircraft for military applications can impact the expansion of the aircraft docking system market in these regions.
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