Global Electric Engine Stands Market Growth 2024-2030
Engine stands are indispensable tools used in a range of industries including automotive, aerospace, and manufacturing. Designed to provide stability and support, these stands allow for safe and efficient engine maintenance, repair, and storage. Engine stands offer a variety of features such as adjustable height and swivel capabilities, enabling professionals to work with ease and precision. The engine stand market has witnessed a steady growth in recent years due to the increasing demand for engine maintenance services and the growth of the aviation and automotive sectors. Technological advancements, such as the development of electric engine stands, are further propelling the market growth by improving efficiency and reducing manual labor.
The global Electric Engine Stands market size is projected to grow from US$ 582.1 million in 2023 to US$ 726.4 million in 2030; it is expected to grow at a CAGR of 3.2% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Electric Engine Stands Industry Forecast” looks at past sales and reviews total world Electric Engine Stands sales in 2023, providing a comprehensive analysis by region and market sector of projected Electric Engine Stands sales for 2024 through 2030. With Electric Engine Stands sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Engine Stands industry.
This Insight Report provides a comprehensive analysis of the global Electric Engine Stands landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Engine Stands portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Engine Stands market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Engine Stands and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Engine Stands.
According to statistics from the SIA, since 2014, the global aerospace industry revenue scale has continued to grow. And in 2021, the global aerospace industry revenue scale was 386.4 billion US dollars, with a year-on-year increase of 4.1%. In 2021, the satellite industry accounted for 72% of the aerospace industry; Non-satellite industry accounted for 27%.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Engine Stands market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
OEM Approved
Non-OEM Approved
Segmentation by application
Civil Aircraft
Military Aircraft
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Dedienne Aerospace
AGSE
Tronair
ETS Jet Engine Stands Inc
Champion GSE
DAE
Frank Brown
General Electric
HYDRO
NextGen Aerosupport
Rhinestahl
Rolls-Royce
Stanley
Zetwerk
HEMS LTD
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Engine Stands market?
What factors are driving Electric Engine Stands market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Engine Stands market opportunities vary by end market size?
How does Electric Engine Stands break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.