Persistence Market Research

Passenger Stairs Market to Register a Healthy CAGR for the Forecast Period, 2017-2025

Persistence Market Research has announced the addition of the “Passenger Stairs Market: Global Industry Analysis and Opportunity Assessment, 2017-2025"report to their offering


New York, NY -- (SBWIRE) -- 02/08/2018 -- Passenger Stairs: Market Introduction

According to the United Nations, fifty percent of the global population lives in cities and the number is expected to reach up to seventy percent by the next 40 years. Eventually, people will need better transportation to commute from one city to another, which will drive the demand for aircrafts along with an increase in the demand for ground support equipment (i.e. passenger staircase). Passenger staircases are used by ground handling staff at airports to facilitate boarding and departure of passengers to and from an aircraft.

Over the years, the passenger staircase has become an important equipment in handling passengers movement at airports. Some budget airlines use passenger stairs instead of airstairs or aerobridges to reduce the cost and turnaround time. Unlike traditional staircases, these staircases are ergonomically designed and reliable for long term ownership. Such staircases are safe, efficient, stable and efficient for the long run. Additionally, a variety of these passenger stairs are diesel powered due to strict emission norms in European countries.

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Owing with the increasing emission standards for the aviation industry, HKAI (Hongkong International Airport) uses solar powered passenger staircases and electric loaders by JATS (Jardine Air Terminal Services). Additionally, companies such as Darmec Technologies Srl are designing ground support equipment powered by diesel or electricity. Also, agencies regularly recommend and mandate conditions for ground support equipment. For instance, the California Environmental Protection Agency issued a new air regulation for ground support equipment, via the CARB (California Air Resources Board).

Passenger Stairs Market: Dynamics

Burgeoning number of airlines and airports are the primary factors expected to drive the passenger stairs market. Expansion of existing airports and advancement in technology are also projected to boost demand for the passenger stairs market. However, an increasing number of automated systems (aerobridge) are entering the market, which may hamper growth of the passenger stairs market.

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Passenger Stairs: Market Participants

Examples of some market participants in the global passenger stairs market identified across the value chain include:

Gate GSE
Denge Airport Equipment
TLD Group
Omega Industrial Products
Sitnar Corporation
Metal Solutions Design & Fabrication LLC
NMC Wollard Inc.
FMC Technologies
Excel Group of Companies
TEC Huenert GmbH
Absolute GSE Inc