Docking System Market

Docking System Market

Growth Factors of Docking System Market

The docking system market size was valued at USD 56.45 million in 2022, and the market is now projected to grow from USD 65.04 million in 2023 to USD 139.91 million by 2030, exhibiting a CAGR of 11.6% during the forecast period of 2023-2030.

The global docking system market growth declined by 9.30% in 2020 due to reduced air travel and aircraft maintenance demand. The MRO sector saw a drop in unscheduled and line maintenance operations, while aircraft OEMs experienced a 55% reduction in commercial orders. Boeing’s backlog in December 2020 included 4,031 narrow-body jets. Additionally, operators shifted to domestic MRO facilities due to global lockdowns.

The expanding global aircraft fleet, including cargo and passenger planes, is increasing demand for the worldwide docking systems market share. In September 2023, Network Airline Management added a Boeing 747 to its fleet, boosting operations. Many regions are heavily investing in new airport construction and expansions to handle growing air traffic, integrating advanced Aircraft Docking Systems (ADS) to improve maintenance efficiency and capacity.

Additionally, the demand for robust and lightweight ADS is rising due to their operational flexibility and efficiency. These systems use advanced materials and designs to enhance safety and reduce airport turnaround times. Mobile and stationary ADS options, as well as aluminium or steel structures, influence selection. Companies offer customized ADS, using 2D and 3D editing software to ensure precise, secure docking and reduce aircraft downtime.

Comprehensive Analysis of Docking System Market

The docking system market and aerospace & defence industry are rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the aerospace & defence industry. These segmentations are methodically segregated by type, by aircraft type and by end user. The type inlcude, Nose Docks, Engine Docks, Fuselage Docks, Wing Docks, Tail Docks and Others. The aircraft type includes, Narrow Body, Wide Body, Regional Jet and Others. The end user includes, OEM and MRO.

North America led the aircraft docking system market valued at USD 21.64 million in 2022. The growth is fueled by the rising number of aircraft and maintenance facilities across the region. The presence of major aircraft OEMs and MRO companies in the U.S. and Canada further boosts regional expansion.

The top players in the market play a crucial role in the aerospace & defence industry assuring industrial prospectus growth and setting market standards. These players include, Kawasaki Heavy Industries, Ltd. (Japan), NIJL Aircraft Docking (Netherlands), Semmco (U.K.), Fortal (France), Shanghai Ifly GSE Co., Ltd. (China), Airbus (Netherlands), Boeing (U.S.), Instant Upright (Ireland), CTI Systems S.A. (Luxembourg) and Zarges (Germany). These market players provide a level-playing competitive landscape.

In July 2023, Sagar Asia, a leading Indian manufacturer of aluminum extrusions and access systems, signed two Memorandums of Understanding (MoUs), one with NIJL Aircraft Docking from the Netherlands and another with Ghana's Reroy Group Ltd (RGL).

Segmentation Table

Global Docking System Market Scope

Study Period 2019-2030

Base Year 2022

Forecast Period 2023-2030

Growth Rate CAGR of 11.6% from 2023 to 2030

Historical Period 2019-2021

Unit Value (USD Billion)

Segmentation By Type, Aircraft Type, End User, and Region

By Type Nose Docks

Engine Docks

Fuselage Docks

Wing Docks

Tail Docks

Others

By Aircraft Type Narrow Body

Wide Body

Regional Jet

Others

By End User OEM

MRO

By Region North America (By Type; Aircraft Type; End User, and Country)

• U.S.
• Canada

Europe (By Type; Aircraft Type; End User, and Country)

• U.K.
• Germany
• France
• Russia
• Italy
• Ireland
• Rest of Europe

Asia Pacific (By Type; Aircraft Type; End User, and Country)

• China
• India
• Japan
• South Korea
• Rest of the Asia Pacific

Middle East and Africa (By Type; Aircraft Type; End User, and Country)

• UAE
• Saudi Arabia
• South Africa
• Rest of the Middle East & Africa

Latin America (By Type; Aircraft Type; End User, and Country)

• Brazil
• Argentina
• Rest of Latin America


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