Market Overview:
The global engine change equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for civil and military aircraft across the globe. Additionally, the increasing adoption of engine transportation stands and pedestal stands is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market in some regions. The global engine change equipment market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into engine transportation stands and pedestal stands. The engine transportation stand segment is expected to grow at a higher CAGR during 2018-2030 owing to its growing demand in civil aircraft applications across different regions globally. On account of their sturdy design that helps in easy handling & installation procedures; pedestal stands are witnessing an increase in adoption for military aircraft applications as well (especially by developed countries). On basis on application; it can be classified into civil aircrafts & military Aircrafts segments Civil Aircraft being sub-segmented into regional jetsliner (50-100 seats), narrow body jetliners (101-200 seats), wide body jetliners (>200 seats) whereas Military Aircraft being sub-segmented into fighter jets, bombers etc.).
Product Definition:
Engine Change Equipment is a type of equipment used to change out the engine in a vehicle. This type of equipment is important because it can help make the process of changing out an engine much easier and less time consuming.
Engine Transportation Stands:
Engine transportation stands are used to support heavy engines during engine changeover operations. They are also used for supporting other equipment while changing the oil or performing some other maintenance operation on the engine. The growth of this market is directly proportional to the growth of automotive manufacturing and aftermarket repair & maintenance industry globally as they form an integral part of it.
Pedestal Stands:
Pedestal stands are used to support the engine during an engine change. They keep the engine at a consistent height and also help in better access while changing or removing any part from under the hood of a vehicle.
Application Insights:
The military aircraft application segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing defense expenditure by countries, including U.S., Russia, China and India, to develop and maintain a capable military force for safeguarding national security interests. In addition, growing concerns regarding airport security have resulted in increased adoption of ECE solutions in military aircraft applications across the globe owing to enhanced safety and efficiency measures taken at airports worldwide with implementation of these systems at gates, runways and boarding bridges.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing demand from U.S., Canada, and Mexico for airport infrastructure development along with rising need for engine maintenance facilities by airports in this region.
Asia Pacific is anticipated to witness significant growth rate during the forecast period owing to rapid expansion of commercial aviation sector coupled with growing military aircraft production industry across countries such as China, India, Japan, South Korea and Taiwan among others will drive regional growth over next seven years or so till 2030 timeframe).
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Stringent emission norms by regulatory authorities across the globe
- Proliferation of engine technologies such as gasoline direct injection (GDI) and turbocharging, which improve engine performance and efficiency
- Growing popularity of diesel engines in passenger cars due to their high fuel economy and torque output
- Increasing demand for hybrid and electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Engine Change Equipment Market Research Report
By Type
Engine Transportation Stands, Pedestal Stands
By Application
Civil Aircraft, Military Aircraft
By Companies
HYDRO Group, Hennlich Engineering, AGSE, JMS AG, Edson Marine, Rotafilo, NextGen Aero Support, DAE Industries, TBD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Engine Change Equipment Market Report Segments:
The global Engine Change Equipment market is segmented on the basis of:
Types
Engine Transportation Stands, Pedestal Stands
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civil Aircraft, Military Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HYDRO Group
- Hennlich Engineering
- AGSE
- JMS AG
- Edson Marine
- Rotafilo
- NextGen Aero Support
- DAE Industries
- TBD
Highlights of The Engine Change Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Engine Transportation Stands
- Pedestal Stands
- By Application:
- Civil Aircraft
- Military Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Engine Change Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Engine change equipment is a machine that allows mechanics to change the engine on a car.
Some of the key players operating in the engine change equipment market are HYDRO Group, Hennlich Engineering, AGSE, JMS AG, Edson Marine, Rotafilo, NextGen Aero Support, DAE Industries, TBD.
The engine change equipment market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Engine Change Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Engine Change Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Engine Change Equipment Market - Supply Chain
4.5. Global Engine Change Equipment Market Forecast
4.5.1. Engine Change Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Engine Change Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Engine Change Equipment Market Absolute $ Opportunity
5. Global Engine Change Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Engine Change Equipment Market Size and Volume Forecast by Type
5.3.1. Engine Transportation Stands
5.3.2. Pedestal Stands
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Engine Change Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Engine Change Equipment Market Size and Volume Forecast by Application
6.3.1. Civil Aircraft
6.3.2. Military Aircraft
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Engine Change Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Engine Change Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Engine Change Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Engine Change Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Engine Change Equipment Demand Share Forecast, 2019-2026
9. North America Engine Change Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Engine Change Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Engine Change Equipment Market Size and Volume Forecast by Application
9.4.1. Civil Aircraft
9.4.2. Military Aircraft
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Engine Change Equipment Market Size and Volume Forecast by Type
9.7.1. Engine Transportation Stands
9.7.2. Pedestal Stands
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Engine Change Equipment Demand Share Forecast, 2019-2026
10. Latin America Engine Change Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Engine Change Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Engine Change Equipment Market Size and Volume Forecast by Application
10.4.1. Civil Aircraft
10.4.2. Military Aircraft
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Engine Change Equipment Market Size and Volume Forecast by Type
10.7.1. Engine Transportation Stands
10.7.2. Pedestal Stands
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Engine Change Equipment Demand Share Forecast, 2019-2026
11. Europe Engine Change Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Engine Change Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Engine Change Equipment Market Size and Volume Forecast by Application
11.4.1. Civil Aircraft
11.4.2. Military Aircraft
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Engine Change Equipment Market Size and Volume Forecast by Type
11.7.1. Engine Transportation Stands
11.7.2. Pedestal Stands
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Engine Change Equipment Demand Share, 2019-2026
12. Asia Pacific Engine Change Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Engine Change Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Engine Change Equipment Market Size and Volume Forecast by Application
12.4.1. Civil Aircraft
12.4.2. Military Aircraft
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Engine Change Equipment Market Size and Volume Forecast by Type
12.7.1. Engine Transportation Stands
12.7.2. Pedestal Stands
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Engine Change Equipment Demand Share, 2019-2026
13. Middle East & Africa Engine Change Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Engine Change Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Engine Change Equipment Market Size and Volume Forecast by Application
13.4.1. Civil Aircraft
13.4.2. Military Aircraft
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Engine Change Equipment Market Size and Volume Forecast by Type
13.7.1. Engine Transportation Stands
13.7.2. Pedestal Stands
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Engine Change Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Engine Change Equipment Market: Market Share Analysis
14.2. Engine Change Equipment Distributors and Customers
14.3. Engine Change Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HYDRO Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hennlich Engineering
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AGSE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. JMS AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Edson Marine
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rotafilo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NextGen Aero Support
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DAE Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TBD
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook