About Engine Transportation Stands
Engine transportation means the shipping of engine from one place to another. The transportation of engine requires various types of maintenance tools. These tools are used to install, remove and shipping of engines. The handling, loading and unloading of engine procedure is very specific for heavy duty vehicles. The increasing demand from various end user industries for the safe engine transportation will grow the engine transportation market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Engine Transportation Stands is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Engine Transportation Stands market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AIT Worldwide Logistics – Corporate (United States), HYDRO Holding KG (Germany), DHL International GmbH (Germany), Next Exit Logistics (United States), GE Transportation (Wabtec Corporation) (United States), FreightCenter (United States), DAE Industries, Inc. (United States), International Machine Transport Inc. (Canada), FRANKE-AeroTec GmbH (Germany) and The Edson Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are NextGen Aero Support (United States), Rotafilo (Turkey) and Active Transport Ltd (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Engine Transportation Stands market by Type (Aircraft Engine, Jet Engine, Helicopter Engine, Truck Engine and Others) and Region.
On the basis of geography, the market of Engine Transportation Stands has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Service Providers, the sub-segment i.e. Logistics will boost the Engine Transportation Stands market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User Industries, the sub-segment i.e. Aerospace will boost the Engine Transportation Stands market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Transportation Stand Type, the sub-segment i.e. Bootstrap Stand will boost the Engine Transportation Stands market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Trend of Engine Transportation Stand for Shipping of Engine in Right Time and in the Right Quality and Increasing Trend of Remote-Controllable Engine Transportation Stands
Market Growth Drivers:
Increasing Demand from Aerospace and Automotive Industries for the transportation of Aircraft, Helicopter and Truck Engine and Growing Demand for the Safe and Secure Transportation of Aircraft Engine
Challenges:
Engine Transportation is the Specialized Task That Requires Experience and Knowledge of The Critical Nature of the Cargo
Restraints:
Numerous Risks Involved With Jet Engine Transportation and Aircraft Engine Logistics
Opportunities:
Rising Infrastructure of Aerospace and Automotive Industry Globally and Innovation in the Engine Transportation for the Delivery of Heavy Jet and Helicopter Engine
Market Leaders and their expansionary development strategies
In November 2019, Bolloré Logistics India, a subsidiary of Bolloré an independent industrial group in transport and logistics, the company signed the contract with CFM Aircraft Engine Support South Asia Pvt Ltd for aircraft engine transportation.
In December 2020, Tata Mators has launched the advanced Light Commercial Vehicle (LCV) Ultra T.7 for urban transportation.
Key Target Audience
Engine Transportation Service Providers, Air Cargo Strategy & Consulting, End-User Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.