Europe Engine Stand Market Analysis and Opportunities by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

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

Report Date : Apr 2021
Report Code : TIPRE00021005

Category : Automotive and Transportation
Status : Published

Available Report Formats :
No. of Pages : 85

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The engine stand market in Europe is expected to grow from US$ 145.96 million in 2019 to US$ 195.07 million by 2027; it is estimated to grow at a CAGR of 4.3% from 2020 to 2027.

France, Germany, Italy, UK, and Russia are major economies in APAC. Surge in aircraft delivery orders is the major factor driving the Europe engine stand market. The Europe 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 Europe air passenger traffic has been surging with time, which is propelling the demand for commercial aircraft. Apart from the commercial aviation sector, the military aviation sector is consistently growing in terms of aircraft manufacturing and deliveries. Airbus and Boeing are the two aircraft manufacturing giants with significant volumes of orders and delivery statistics. These two aircraft original equipment manufacturers (OEMs) are continuously encountering orders for various aircraft models from different civil airlines. The aviation industry is dynamic and is evolving rapidly. Rise in the production of commercial and military aircraft is significantly expanding the scope of aircraft engine manufacturing. The procurement of aircraft is increasing across the Europe, especially in developing regions such as Asia. In October 2019, Airbus introduced their new assembly line for A320 structure in Hamburg (Germany).

The impact of COVID-19 differed from country to country across the European region as selected countries witnessed an increase in the number of recorded cases and subsequently attracted strict as well as longer lockdown periods or social isolation. However, Western European countries such as Germany, France, Russia, the UK

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and others have seen a comparatively modest decrease in their growth activities because of the strong healthcare system. To protect its citizens from the virus, the European government has made tremendous investments in incorporating technologies in its healthcare systems to help identify signs of the virus.Businesses across Europe have shifted from traditional to online businesses to carry on with their financial activities during the corona virus outbreak. High adoption of work from home culture across the region owing to the nationwide lockdown has reduced the demand for power, and transportation facilities across the country especially from the commercial sector, thereby affected the automotive, aircraft and power sector adversely across the region. On the other hand, the shutdown of manufacturing plants coupled with the adverse impact on logistics and supply chain in the area is also expected to impact the production and distribution process of the same. Thus, the above-mentioned factors indicate that the European engine stand market has been negatively impacted owing to the pandemic.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe engine stand market. The Europe engine stand market is expected to grow at a good CAGR during the forecast period.

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This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe Engine Stand Market Segmentation

Europe Engine Stand Market – By Product Type

Gasoline Engine Stand
Diesel Engine Stand

Europe Engine Stand Market – By Application

Automotive
Aircraft
Others

Europe Engine Stand Market, by Country

Germany
France
Italy
UK
Russia
Rest of Europe

Europe Engine Stand Market - Companies Mentioned

AGSE LLC
DAE Industries
DEDIENNE AEROSPACE
Frank Brown & Son Ltd
HYDRO SYSTEMS KG
Mahle GmbH
The Brixworth Engineering Co Ltd

Europe Engine Stand Report Scope

Report Attribute	Details
Market size in 2019	US$ 145.96 Million
Market Size by 2027	US$ 195.07 Million
Global CAGR (2020 - 2027)	4.3%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Product Type Gasoline Engine Stand and Diesel Engine Stand By Application Automotive Aircraft
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	AGSE LLC DAE Industries DEDIENNE AEROSPACE Frank Brown & Son Ltd HYDRO SYSTEMS KG Mahle GmbH The Brixworth Engineering Co Ltd

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Europe Engine Stand Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Europe Engine Stand Market Report Snapshots

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