Engine Stand Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product Type (Gasoline Engine Stand and Diesel Engine Stand); Application (Automotive, Aircraft, and Others)

Publication Month: Feb 2021 | Report Code: TIPRE00017115 | No. of Pages: 138 | Category: Automotive and Transportation | Status: Published

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In terms of revenue, the global engine stand market was valued at US$ 593.3 million in 2019 and is projected to reach US$ 716.9 million by 2027; it is expected to grow at a CAGR of 3.0% during 2020–2027.

 

The engine stand market is broadly segmented into five major regions—North America, Europe, APAC, MEA, and SAM. In terms of market share, the North America region dominated the engine stand market in 2019. The American Society of Mechanical Engineers has developed specifications, including engine stands, for automotive lifting equipment. These specifications shall be directed at the owners or operators of the following portable automotive service equipment: fittings, adapters and attachments, automotive hand jacks, vehicle mechanical jacks, automotive stands, vehicle ramps, mobile vehicle lifts and jacks, vehicle lifts, mobile vehicle dolls and part dolls; they shall be guided by the specification of these staff.

 

Impact of COVID-19 Pandemic on Engine stand Market

Favorable government policies to boost innovation and reinforce infrastructure capabilities, North America have the highest acceptance and development rate of emerging technologies. Any impact on industries is therefore projected to have a negative influence on the region's economic development. Currently, due to the COVID-19 outbreak, the US is the world's worst affected country, thus affecting the sudden stands still across all the industries present in the region.

It is becoming apparent with the COVID-19 pandemic spreading across the US that a few can escape its scope, presenting significant challenges to all industries. This had temporarily closed down all production plants across all industries and has also affected the supply chain and logistics industry of the country adversely. Additionally, the closure of all transportation route such as roads and airways has also decreased the demand for engine stands from the major end-use industries such as automotive and aircraft. Also, owing to nationwide lockdown across major economies such as the US and Canada, the supply chain of major components of engine stands was adversely affected, thereby impacted the manufacturing of the same.

 

Lucrative Regional Engine Stand Markets

Lucrative Regional Engine Stand Markets

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Market Insights–Engine Stand Market

 

Investments in Sophisticated Agriculture Technologies

The exponential growth of the aviation sector has complemented the establishment of MRO facilities in the world over the years. The scope of MRO facilities is expected to rise in different parts of the world especially in Asia. Owing to the rising adoption of low-cost carriers (LCCs), the outlook of the civil aviation industry has evolved drastically in Asian countries. The rise with the aviation sector is rapidly accelerating the aircraft maintenance business growth, especially in APAC. Countries such as China and India are emerging as economic powerhouses for fleet acquisition. AirAsia (Malaysia) and Lion Air (Indonesia), among others, have placed huge orders of aircraft in the last few years. Therefore, with the growing fleet acquisition, need for having sufficient MRO capabilities is also on rise. Such developments in the MRO marketplace in APAC countries are projected to benefit the engine stand manufacturers in the coming years.

 

Product Type Segment Insights

Based on product type, the gasoline engine stand segment is expected to lead the global engine stand market during the forecast period. Gasoline engine stand is a tool commonly used for repairing heavy gasoline engines. It uses a strong cantilevered support system to keep the engine midair; this provides the mechanic an access to every exposed surface of the engine.

 

Application Segment Insights

Based on application, the aircraft is expected to lead the global engine stand market during the forecast period. The diesel usage is expected to increase across the automotive sector in the coming years. For instance, in 2019, more than 50% of the total registrations of cars were for diesel cars in Europe.

 

Engine stand Market, by Application (% share)

Engine stand Market, by Application (% share)

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Strategic Insights

The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.

 

  • In 2020, Rhinestahl CTS and EngineStands24 signed an engine stand maintenance and repair agreement. The agreement has been signed at MRO Middle East stating that Rhinestahl CTS is accountable for handling and ensuring readiness of entire engine stand fleet of EngineStand24 including CFM56, CF6, CF34, and LEAP.
  • In 2020, The expertise of Rolls Royce has given an award to HYDRO by presenting their performance and significance in delivering aircraft engines of Rolls Royce.
  • In 2019, Dedienne Aerospace has received an award of new license agreement for the nacelle GSE with Collins Aerospace’s Aerostructures division. The new license agreement empowers Dedienne Aerospace to give GSE and associated services on E190, E2, A220, MRJ nacelle programs, as well as legacy nacelle programs PW4000, V2500, CF680E1/E2, CF34, CFM56, Trent 700, RB211, and 737.

 

The global engine stand market has been segmented as follows:

 

Engine stand Market – By Type

  • Gasoline Engine Stand
  • Diesel Engine Stand

Engine stand Market – By Application

  • Automotive
  • Aircraft
  • Others

Engine stand Market- By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

Engine Stand Market – Companies Profiles

  • AGSE LLC
  • DAE Industries
  • Dedienne Aerospace
  • Frank Brown & Son Ltd
  • The Brixworth Engineering Company Ltd
  • Hydro Systems KG
  • Mahle GmbH
  • Nextgen Aerosupport
  • Rhinestahl
  • Vega Aviation Products Pvt. Ltd

  •  

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Engine Stand Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America – PEST Analysis

4.2.2        Europe – PEST Analysis

4.2.3        Asia-Pacific – PEST Analysis

4.2.4        Middle East and Africa – PEST Analysis

4.2.5        South America – PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             Engine Stand Market – Key Market Dynamics

5.1       Key Market Drivers

5.1.1        Rise in Aircraft Engine Manufacturing

5.1.2        Rising Orders Deliveries of Aircraft

5.2       Key Market Restraints

5.2.1        Significantly Large Service Lives of Engine Stands

5.3       Key Market Opportunities

5.3.1        Growing Popularity of MRO Facilities in APAC Countries

5.4       Future Trends

5.4.1        Integration of Tracking Systems into Engine Stands

5.5       Impact Analysis of Drivers and Restraints

6.             Engine Stand – Global Market Analysis

6.1       Overview

6.2       Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

6.3       Market Positioning – Global Market Players Ranking

7.             Engine Stand Market Analysis – By Product Type

7.1       Overview

7.2       Engine Stand Market, by Product Type (2019 and 2027)

7.3       Gasoline Engine Stand

7.3.1        Overview

7.3.2        Gasoline Engine Stand: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

7.4       Diesel Engine Stand

7.4.1        Overview

7.4.2        Diesel Engine Stand: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

8.             Engine Stand Market Analysis – By Application

8.1       Overview

8.2       Engine Stand Market, by Application (2019 and 2027)

8.3       Automotive

8.3.1        Overview

8.3.2        Automotive: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

8.4       Aircraft

8.4.1        Overview

8.4.2        Aircraft: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

8.5       Others

8.5.1        Overview

8.5.2        Others: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.             Engine Stand Market – Geographic Analysis

9.1       Overview

9.2       North America: Engine Stand Market

9.2.1        Overview

9.2.2        North America: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.2.3        North America: Engine Stand Market, by Product Type

9.2.4        North America: Engine Stand Market, by Application

9.2.5        North America: Engine Stand Market, by Key Country

9.2.5.1      US: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.2.5.1.1       US: Engine Stand Market, by Product Type

9.2.5.1.2       US: Engine Stand Market, by Application

9.2.5.2      Canada: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.2.5.2.1       Canada: Engine Stand Market, by Product Type

9.2.5.2.2       Canada: Engine Stand Market, by Application

9.2.5.3      Mexico: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.2.5.3.1       Mexico: Engine Stand Market, by Product Type

9.2.5.3.2       Mexico: Engine Stand Market, by Application

9.3       Europe: Engine Stand Market

9.3.1        Overview

9.3.2        Europe: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.3.3        Europe: Engine Stand Market, by Product Type

9.3.4        Europe: Engine Stand Market, by Application

9.3.5        Europe: Engine Stand Market, by Key Country

9.3.5.1      Germany: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.1.1       Germany: Engine Stand Market, by Product Type

9.3.5.1.2       Germany: Engine Stand Market, by Application

9.3.5.2      France: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.2.1       France: Engine Stand Market, by Product Type

9.3.5.2.2       France: Engine Stand Market, by Application

9.3.5.3      Italy: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.3.1       Italy: Engine Stand Market, by Product Type

9.3.5.3.2       Italy: Engine Stand Market, by Application

9.3.5.4      UK: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.4.1       UK: Engine Stand Market, by Product Type

9.3.5.4.2       UK: Engine Stand Market, by Application

9.3.5.5      Russia: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.5.1       Russia: Engine Stand Market, by Product Type

9.3.5.5.2       Russia: Engine Stand Market, by Application

9.3.5.6      Rest of Europe: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.6.1       Rest of Europe: Engine Stand Market, by Product Type

9.3.5.6.2       Rest of Europe: Engine Stand Market, by Application

9.4       APAC: Engine Stand Market

9.4.1        Overview

9.4.2        APAC: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.4.3        APAC: Engine Stand Market, by Product Type

9.4.4        APAC: Engine Stand Market, by Application

9.4.5        APAC: Engine Stand Market, by Key Country

9.4.5.1      Australia: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.1.1       Australia: Engine Stand Market, by Product Type

9.4.5.1.2       Australia: Engine Stand Market, by Application

9.4.5.2      China: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.2.1       China: Engine Stand Market, by Product Type

9.4.5.2.2       China: Engine Stand Market, by Application

9.4.5.3      India: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.3.1       India: Engine Stand Market, by Product Type

9.4.5.3.2       India: Engine Stand Market, by Application

9.4.5.4      Japan: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.4.1       Japan: Engine Stand Market, by Product Type

9.4.5.4.2       Japan: Engine Stand Market, by Application

9.4.5.5      South Korea: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.5.1       South Korea: Engine Stand Market, by Product Type

9.4.5.5.2       South Korea: Engine Stand Market, by Application

9.4.5.6      Rest of APAC: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.6.1       Rest of APAC: Engine Stand Market, by Product Type

9.4.5.6.2       Rest of APAC: Engine Stand Market, by Application

9.5       MEA: Engine Stand Market

9.5.1        Overview

9.5.2        MEA: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.5.3        MEA: Engine Stand Market, by Product Type

9.5.4        MEA: Engine Stand Market, by Application

9.5.5        MEA: Engine Stand Market, by Key Country

9.5.5.1      South Africa: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.5.5.1.1       South Africa: Engine Stand Market, by Product Type

9.5.5.1.2       South Africa: Engine Stand Market, by Application

9.5.5.2      Saudi Arabia: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.5.5.2.1       Saudi Arabia: Engine Stand Market, by Product Type

9.5.5.2.2       Saudi Arabia: Engine Stand Market, by Application

9.5.5.3      UAE: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.5.5.3.1       UAE: Engine Stand Market, by Product Type

9.5.5.3.2       UAE: Engine Stand Market, by Application

9.5.5.4      Rest of MEA: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.5.5.4.1       Rest of MEA: Engine Stand Market, by Product Type

9.5.5.4.2       Rest of MEA: Engine Stand Market, by Application

9.6       SAM: Engine Stand Market

9.6.1        Overview

9.6.2        SAM: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.6.3        SAM: Engine Stand Market, by Product Type

9.6.4        SAM: Engine Stand Market, by Application

9.6.5        SAM: Engine Stand Market, by Key Country

9.6.5.1      Brazil: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.6.5.1.1       Brazil: Engine Stand Market, by Product Type

9.6.5.1.2       Brazil: Engine Stand Market, by Application

9.6.5.2      Rest of SAM: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

9.6.5.2.1       Rest of SAM: Engine Stand Market, by Product Type

9.6.5.2.2       Rest of SAM: Engine Stand Market, by Application

10.          Impact of COVID-19 Pandemic on Global Engine Stands Market

10.1    North America: Impact Assessment of COVID-19 Pandemic

10.2    Europe: Impact Assessment of COVID-19 Pandemic

10.3    Asia Pacific: Impact Assessment of COVID-19 Pandemic

10.4    Middle East and Africa: Impact Assessment of COVID-19 Pandemic

10.5    South America Impact Assessment of COVID-19 Pandemic

11.          Industry Landscape

11.1    Market Initiative

11.2    Merger and Acquisition

11.3    New Development

12.          COMPANY PROFILES

12.1    Mahle GmbH

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2    AGSE LLC

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3    DAE Industries

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4    Dedienne Aerospace

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5    Frank Brown & Son Ltd

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6    The Brixworth Engineering Co Ltd

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7    HYDRO SYSTEMS KG

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8    NextGen Aerosupport

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9    Vega Aviation Products Pvt. Ltd.

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Financial Overview

12.9.4     SWOT Analysis

12.9.5     Key Developments

12.10 Rhinestahl

12.10.1   Key Facts

12.10.2   Business Description

12.10.3   Products and Services

12.10.4   Financial Overview

12.10.5   SWOT Analysis

12.10.6   Key Developments

13.          Appendix

13.1    About The Insight Partners

13.2    Word Index


 

LIST OF TABLES

Table 1.             Boeing and Airbus: Aircraft Order and Delivery Data, 2018 and 2019

Table 2.             Engine Stand Market – Revenue, and Forecast to 2027 (US$ Million)

Table 3.             North America: Engine Stand Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 4.             North America: AI in computer Vision Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 5.             US: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 6.             US: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 7.             Canada: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 8.             Canada: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Mexico: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 10.          Mexico: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 11.          Europe: Engine Stand Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)

Table 12.          Europe: Engine Stand Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 13.          Germany: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 14.          Germany: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 15.          France: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 16.          France: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 17.          Italy: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 18.          Italy: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 19.          UK: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 20.          UK: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 21.          Russia: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 22.          Russia: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 23.          Rest of Europe: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 24.          Rest of Europe: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 25.          APAC: Engine Stand Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 26.          APAC: Engine Stand Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 27.          Australia: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 28.          Australia: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 29.          China: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 30.          China: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 31.          India: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 32.          India: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 33.          Japan: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 34.          Japan: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 35.          South Korea: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 36.          South Korea: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 37.          Rest of APAC: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 38.          Rest of APAC: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 39.          MEA: Engine Stand Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 40.          MEA: Engine Stand Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 41.          South Africa: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 42.          Saudi Arabia: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 43.          Saudi Arabia: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 44.          UAE: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 45.          UAE: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 46.          Rest of MEA: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 47.          Rest of MEA: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 48.          SAM: Engine Stand Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 49.          SAM: Engine Stand Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 50.          Brazil: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 51.          Brazil: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 52.          Rest of SAM: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 53.          Rest of SAM: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 54.          List of Abbreviation

 

 

LIST OF FIGURES

Figure 1.           Engine Stand Market Segmentation

Figure 2.           Engine Stand Market Segmentation – By Geography

Figure 3.           Engine Stand Market Overview

Figure 4.           Engine Stand Market, by Geography

Figure 5.           Engine Stand Market, By Product Type

Figure 6.           Engine Stand Market, By Application

Figure 7.           North America – PEST Analysis

Figure 8.           Europe – PEST Analysis

Figure 9.           Asia-Pacific – PEST Analysis

Figure 10.        Middle East and Africa – PEST Analysis

Figure 11.        South America – PEST Analysis

Figure 12.        Ecosystem Analysis: Engine Stand Market

Figure 13.        Expert Opinion

Figure 14.        Engine Stand Market: Impact Analysis of Drivers and Restraints

Figure 15.        Geographic Overview of Engine Stand Market

Figure 16.        Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Engine Stand Market Revenue Share, by Product Type (2019 and 2027)

Figure 18.        Gasoline Engine Stand: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        Diesel Engine Stand: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Engine Stand Market Revenue Share, by Application (2019 and 2027)

Figure 21.        Automotive: Engine Stand – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Aircraft: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23.        Others: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Engine Stand Market Revenue Share, By Region (2019 and 2027)

Figure 25.        North America: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.        North America: Engine Stand Market Revenue Share, by Product Type (2019 and 2027)

Figure 27.        North America: Engine Stand Market Revenue Share, by Application (2019 and 2027)

Figure 28.        North America: Engine Stand Market Revenue Share, by Key Country (2019 and 2027)

Figure 29.        US: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 30.        Canada: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 31.        Mexico: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32.        Europe: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33.        Europe: Engine Stand Market Revenue Share, by Product Type (2019 and 2027)

Figure 34.        Europe: Engine Stand Market Revenue Share, by Application (2019 and 2027)

Figure 35.        Europe: AI in computer Vision Market Revenue Share, by Key Country (2019 and 2027)

Figure 36.        Germany: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 37.        France: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 38.        Italy: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 39.        UK: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 40.        Russia: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 41.        Rest of Europe: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 42.        APAC: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 43.        APAC: Engine Stand Market Revenue Share, by Product Type (2019 and 2027)

Figure 44.        APAC: Engine Stand Market Revenue Share, by Application (2019 and 2027)

Figure 45.        APAC: Engine Stand Market Revenue Share, by Key Country (2019 and 2027)

Figure 46.        Australia: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 47.        China: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 48.        India: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 49.        Japan: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 50.        South Korea: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 51.        Rest of APAC: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 52.        MEA: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 53.        MEA: Engine Stand Market Revenue Share, by Product Type (2019 and 2027)

Figure 54.        MEA: Engine Stand Market Revenue Share, by Application (2019 and 2027)

Figure 55.        MEA: Engine Stand Market Revenue Share, by Key Country (2019 and 2027)

Figure 56.        South Africa: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 57.        Saudi Arabia: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 58.        UAE: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 59.        Rest of MEA: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 60.        SAM: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 61.        SAM: Engine Stand Market Revenue Share, by Product Type (2019 and 2027)

Figure 62.        SAM: Engine Stand Market Revenue Share, by Application (2019 and 2027)

Figure 63.        SAM: Engine Stand Market Revenue Share, by Key Country (2019 and 2027)

Figure 64.        Brazil: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 65.        Rest of SAM: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)

Figure 66.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 67.        Impact of COVID-19 Pandemic in Europe Country Markets

Figure 68.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 69.        Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 70.        Impact of COVID-19 Pandemic in South America Country Markets

 

The List of Companies - Engine Stand Market

  1. Mahle GmbH
  2. AGSE LLC
  3. DAE Industries
  4. DEDIENNE AEROSPACE
  5. Frank Brown & Son Ltd
  6. The Brixworth Engineering Co Ltd
  7. HYDRO SYSTEMS KG
  8. NextGen Aerosupport
  9. Vega Aviation Products Pvt. Ltd
  10. Rhinestahl
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Frequently Asked Questions

The global aviation industry is experiencing swift growth, recording significant production volumes of commercial and military aircraft fleet. The commercial aircraft fleet has witnessed massive growth in the past few years owing to the emergence of new low-cost carriers (LCCs) and fleet expansion strategies adopted by the full-service carriers (FSCs). Commercial aviation is foreseen to surge in the coming years due to the mounting number of air travel passengers and aircraft procurement. In regions such as North America, Europe, and APAC, air passenger traffic has been surging with time, which is propelling the demand for commercial aircraft. In APAC, primarily in China and India, the commercial aircraft has been proven to be cost-effective.

The exponential growth of the aviation sector has complemented the establishment of MRO facilities in the world over the years. The scope of MRO facilities is expected to rise in different parts of the world especially in Asia. Owing to the rising adoption of low-cost carriers (LCCs), the outlook of the civil aviation industry has evolved drastically in Asian countries. The rise with the aviation sector is rapidly accelerating the aircraft maintenance business growth, especially in APAC. Countries such as China and India are emerging as economic powerhouses for fleet acquisition. AirAsia (Malaysia) and Lion Air (Indonesia), among others, have placed huge orders of aircraft in the last few years. Therefore, with the growing fleet acquisition, need for having sufficient MRO capabilities is also on rise. Southeast Asian countries such as Malaysia, Indonesia, and Thailand are emerging as destinations for making significant investments for the establishment of MRO facilities. In line with this, Thai Airways International (THAI) and Airbus signed an agreement to inaugurate new joint venture MRO facility at the U-Tapao International Airport near Bangkok. Moreover, Singapore houses over 100 aerospace companies that have apprehended quarter of the Asian MRO market. Goodrich Corp. and ST Aerospace are a few of the prominent players in the MRO market in Singapore; they offer services ranging from aircraft modifications and conversions to airframe maintenance and engine overhaul.

Based on product type, the engine stand market is segmented into gasoline and diesel. Gasoline engine stand is a tool commonly used for repairing heavy gasoline engines. It uses a strong cantilevered support system to keep the engine midair; this provides the mechanic an access to every exposed surface of the engine. The high adoption of gasoline as a fuel in automotive products is mainly due to constantly rising petrol prices worldwide, encouraging the use of this sustainable fuel. Rising government initiatives across all major economies to reduce carbon emission levels caused by petrol combustion also boosts the adoption of gasoline as an alternative to other conventional fuel type, thereby contributing to the growth of the market for this segment.

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