Airports Passenger Stairs Market Size, Share, Growth, and Industry Analysis, By Type (Self-Propelled Airports Passenger Stairs and Towable Airports Passenger Stairs), By Application (Passenger Aircraft and Private Aircraft), and Regional Forecast From 2024 To 2031

Updated On: 15 April 2024

Airports Passenger Stairs Market Report Overview

• 

• Request a Free Sample to learn more about this report

The global airports passenger stairs market size was USD 131.8 million in 2022. As per our research, the market is expected to reach USD 179 million by 2031, exhibiting a CAGR of 3.4% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the airports passenger stairs market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Airport passenger stairs are a type of ground support equipment that is used to board and disembark passengers from aircraft. They are typically used at smaller airports that do not have air bridges, or at larger airports when an air bridge is not available. Passenger stairs consist of a platform that is connected to a chassis. The platform is made of a sturdy material, such as aluminum, and it has steps that are wide enough for passengers to comfortably climb. The chassis is typically powered by a diesel engine, and it has wheels that allow the stairs to be moved around.

Passenger stairs are operated by a ground crew member who controls the chassis using a remote control. The ground crew member will position the stairs under the aircraft door, and then passengers will climb the stairs to board the aircraft. After all of the passengers have boarded, the ground crew member will move the stairs away from the aircraft, and the aircraft will be able to take off.

COVID-19 Impact: Pandemic Decreased the Market Demand

The COVID-19 pandemic has had a significant impact on the airports passenger stairs market share. The COVID-19 pandemic caused a sharp decline in air travel. In 2020, global air traffic was down by 60% compared to 2019. This decline in air travel led to a decline in demand for passenger stairs, as there were fewer passengers to board and disembark from aircraft. The pandemic also led to the closure of many airports, which further reduced the need for passenger stairs. In the United States, for example, more than 100 airports closed at the peak of the pandemic. The decline in demand for airports passenger stairs led to layoffs and bankruptcies in the airport passenger stairs industry. In 2020, for example, the U.S. company JBT Corporation laid off 200 employees from its airport passenger stairs division. The pandemic also slowed down the development of new technologies for airports passenger stairs. For example, the company Teradyne Aerospace, which was developing a new automated passenger stair system, had to put its plans on hold due to the pandemic. The decline in demand for passenger stairs is expected to continue in the near future, as air travel is not expected to fully recover from the pandemic until 2024.

Latest Trends

"The increasing adoption of automated passenger stairs is expected to fuel the growth in the market"

Automated passenger stairs are becoming more popular as they offer a number of advantages over traditional passenger stairs, such as increased safety, efficiency, and ease of use. Automated passenger stairs can help to reduce the amount of time that passengers spend waiting to board or disembark from aircraft. They can also help to reduce the risk of accidents, which can make passengers feel more comfortable and safe. Overall, automated passenger stairs offer a number of advantages over traditional passenger stairs. They're safer, more efficient, easier to use, and have a reduced environmental impact. As a result, the adoption of automated passenger stairs is expected to continue to grow in the coming years. In addition to the advantages mentioned above, automated airports passenger stairs can also help to improve the appearance of airports. Traditional passenger stairs can be unsightly and can take up a lot of space. Automated passenger stairs are typically more compact and can be hidden away when not in use. This can help to create a more modern and streamlined look for airports.

Airports Passenger Stairs Market Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type Analysis

According to type, the market can be segmented self-propelled airports passenger stairs and towable airports passenger stairs.

• By Application Analysis

Based on application, the market can be divided into passenger aircraft and private aircraft.

Driving Factors

"Growing air travel industry to foster the market growth"

The global air travel industry is growing at a rapid pace, with the number of passengers carried by airlines worldwide expected to reach 8.2 billion in 2030. This growth is being driven by a number of factors, including rising incomes, globalization, and the expansion of low-cost carriers. The growth of the air travel industry is driving demand for passenger stairs. Passenger stairs are used to board and disembark passengers from aircraft that are not equipped with air bridges. Air bridges are enclosed walkways that connect the terminal to the aircraft, providing a more convenient and comfortable way for passengers to board and disembark. However, air bridges are also more expensive to build and operate than passenger stairs. As the air travel industry continues to grow, the demand for airports passenger stairs is expected to increase. This is because passenger stairs are a more cost-effective option for boarding and disembarking passengers from aircraft that are not equipped with air bridges.

"Increasing use of budget airlines to result in the expansion of the market"

Budget airlines are a type of airline that offers low-cost air travel. Budget airlines typically operate on a point-to-point basis, which means that they do not offer connecting flights. They also typically charge for things like checked baggage and in-flight meals. Budget airlines often use passenger stairs instead of air bridges to reduce costs. Passenger stairs are a more cost-effective option for budget airlines because they are less expensive to build and operate than air bridges. Additionally, passenger stairs can be used at smaller airports that do not have air bridges. The increasing use of budget airlines is driving demand for passenger stairs. As budget airlines continue to grow in popularity, the demand for passenger stairs is expected to increase. This is because budget airlines will need more passenger stairs to accommodate the growing number of passengers that they are carrying.

Restraining Factors

"The increasing adoption of automated passenger boarding bridges to hamper the market growth"

Automated passenger boarding bridges are becoming increasingly popular in airports around the world. These bridges are able to connect directly to the aircraft, allowing passengers to board and disembark much more quickly and easily than with traditional passenger stairs. This is a major advantage for airports, as it can help to reduce congestion and improve the passenger experience. As the adoption of automated passenger boarding bridges increases, the demand for passenger stairs is expected to decline.

Airports Passenger Stairs Market Regional Insights

• 

• Request a Free Sample to learn more about this report

"Asia Pacific to lead the market owing to the expansion of regional airports"

The Asia Pacific region has shown the highest airports passenger stairs market growth. The Asia Pacific region is home to a large number of regional airports. These airports often do not have air bridges, so they rely on passenger stairs to board and disembark passengers.

Key Industry Players

"Key players are employing advanced technologies in order to stimulate further growth of the market"

All the major players are motivated to offer superior and more advanced services in order to gain a competitive edge in the market. To increase their market presence, vendors are using a variety of techniques, including product launches, regional growth, strategic alliances, partnerships, mergers, and acquisitions.

List of Market Players Profiled

• Gate GSE: Chatou, France
• Denge Airport Equipment: Istanbul, Turkey
• TLD: Zürich, Switzerland
• Omega Industrial: Grand Rapids, Michigan, United States
• Sitnar: Zabrze, Poland
• Metal Solutions Design & Fabrication: Greenville, South Carolina, United States
• NMC Wollard: Aberdeen, United Kingdom
• FMC Technologies: Houston, Texas, United States
• TEC Huenert: Ratingen, Germany
• Absolute GSE: Coventry, United Kingdom

Report Coverage

This report examines an understanding of the airports passenger stairs market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.