Market Overview:
The global passenger stairs 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 passenger stairs in military, airport, mining, and construction applications. Additionally, the growing demand for self-propelled and towable passenger stairs in various regions is also propelling the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market to some extent during the forecast period.
Product Definition:
A set of stairs that passengers use to board or disembark an aircraft. Passenger stairs are typically composed of a stairway and a landing, with the landing being at least as wide as the stairway.
Self-Propelled:
Self-propelled stairs are motorized and can be used by the physically impaired as well as non-physically impaired people. They are also known as power or hydraulic stairs. These devices have a simple mechanism that helps in propelling the user up and down with the help of an electric motor, which is activated when a person steps on or off of the stair treads.
Towable:
Towable stairs are used in passenger transport vehicles such as buses and trams. They are made of steel or aluminum and fold for easy storage when not in use. The device is propelled by a motor which can be either operated through a rechargeable battery or directly plugged into the vehicle's power source.
Application Insights:
The airport segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. The increasing number of passengers traveling through airports across the world has led to an increased demand for passenger stairs at airports, which, in turn, is likely to drive the global passenger stairs market. Furthermore, governments around the world are making efforts towards improving and expanding airport infrastructure with an aim to accommodate more travelers. As a result of this expansion process, there has been a rise in demand for passenger stairs at airports across various regions globally.
Construction segment was one of the prominent application segments that accounted for a significant share within global passenger stairs market owing to growing construction activities on both domestic as well as international level across various countries worldwide including China India Australia Mexico U.S., etc.
Regional Analysis:
Asia Pacific passenger stairs market is expected to witness significant growth over the forecast period owing to increasing construction activities in countries, such as China and India. In addition, rising demand for airport access roads and steps by passengers is anticipated to drive the product demand in this region.
Europe accounted for a share of more than 25% of the global revenue in 2017 on account of high adoption rate for passenger elevators/staircases across several prominent buildings, such as The Shard (London), Eiffel Tower (Paris) and Campanile di San Marco (Florence). However, stringent building codes regarding elevator safety standards may limit market growth during the forecast period.
The North America regional market captured a revenue share of over 20% in 2017 on account of presence of numerous airports with high traffic rates across U.S., Canada and Mexico that require frequent maintenance works for proper functioning.
Growth Factors:
- Increasing demand for safe and comfortable means of transportation, especially in urban areas.
- Growing popularity of air travel and the consequent increase in the number of passengers requiring access to airports.
- Proliferation of high-rise buildings and other structures that require passenger stairs for access.
- Increased focus on safety and security by regulatory agencies around the world, which is likely to lead to an increase in demand for passenger stairs products that meet or exceed safety standards.
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Stairs Market Research Report
By Type
Self-Propelled, Towable
By Application
Military, Airport, Mining, Construction, Others
By Companies
Gate GSE, Denge Airport Equipment, TLD, Omega Industrial, Sitnar, Metal Solutions Design & Fabrication, NMC Wollard, FMC Technologies, TEC Huenert, Absolute GSE, Gate GSE
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Stairs Market Report Segments:
The global Passenger Stairs market is segmented on the basis of:
Types
Self-Propelled, Towable
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
Military, Airport, Mining, Construction, Others
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:
- Gate GSE
- Denge Airport Equipment
- TLD
- Omega Industrial
- Sitnar
- Metal Solutions Design & Fabrication
- NMC Wollard
- FMC Technologies
- TEC Huenert
- Absolute GSE
- Gate GSE
Highlights of The Passenger Stairs 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:
- Self-Propelled
- Towable
- By Application:
- Military
- Airport
- Mining
- Construction
- Others
- 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 Passenger Stairs 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Passenger stairs are a type of stair that are typically used to access different levels in a building. They are often located near the entrances or exits of buildings, and can be used by people who need to go up or down a level.
Some of the major companies in the passenger stairs market are Gate GSE, Denge Airport Equipment, TLD, Omega Industrial, Sitnar, Metal Solutions Design & Fabrication, NMC Wollard, FMC Technologies, TEC Huenert, Absolute GSE, Gate GSE.
The passenger stairs market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger Stairs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Passenger Stairs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger Stairs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Passenger Stairs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Passenger Stairs Market Size & Forecast, 2020-2028
4.5.1 Passenger Stairs Market Size and Y-o-Y Growth
4.5.2 Passenger Stairs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Self-Propelled
5.2.2 Towable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Military
6.2.2 Airport
6.2.3 Mining
6.2.4 Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger Stairs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Passenger Stairs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Self-Propelled
9.6.2 Towable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Military
9.10.2 Airport
9.10.3 Mining
9.10.4 Construction
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Self-Propelled
10.6.2 Towable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Military
10.10.2 Airport
10.10.3 Mining
10.10.4 Construction
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Self-Propelled
11.6.2 Towable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Military
11.10.2 Airport
11.10.3 Mining
11.10.4 Construction
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Self-Propelled
12.6.2 Towable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Military
12.10.2 Airport
12.10.3 Mining
12.10.4 Construction
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Self-Propelled
13.6.2 Towable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Military
13.10.2 Airport
13.10.3 Mining
13.10.4 Construction
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Passenger Stairs Market: Competitive Dashboard
14.2 Global Passenger Stairs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gate GSE
14.3.2 Denge Airport Equipment
14.3.3 TLD
14.3.4 Omega Industrial
14.3.5 Sitnar
14.3.6 Metal Solutions Design & Fabrication
14.3.7 NMC Wollard
14.3.8 FMC Technologies
14.3.9 TEC Huenert
14.3.10 Absolute GSE
14.3.11 Gate GSE
