Europe Engine Stand Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type (Gasoline Engine Stand and Diesel Engine Stand), and Application (Automotive, Aircraft, and Others)
Market Introduction
The market in Europe is far more fragmented than that in North America. According to European Automobile Manufacturers Association (ACEA), though most of the cars registered across the region are petrol driven, diesel-driven car registration has risen over the years. In 2018, diesel car registrations accounted for 35.9% of the total car registrations across Europe. The rise in use of alternative fuel such as diesel and gasoline for vehicles is boosting the adoption of diesel and gasoline engines across the region. This rise in adoption of diesel is also driving the adoption of diesel engine stands across all workshops and repairs centers for enabling ease and convenience of the maintenance and handling of heavy diesel engines, when taken out of the vehicle. Europe is a home to both engines stand manufacturers and distributors, and it also has companies offering engine stands on lease. For instance, EngineStands.com offers aircraft engine stands to MROs, airlines, repair shops, and leasing companies freight forwarders amongst others in the world; it offers the machines to the clients according to their preferred period. Further, SNA Europe group is among the engine strand manufactures operating in Europe; it offers geared engine stands for enabling easy transportation of heavy engines. Also, surge in aircraft delivery orders is a major factor driving the Europe engine stand market.
The impact of COVID-19 differed from country to country across the European region as selected countries witnessed an increase in the number of recorded cases and subsequently attracted strict as well as longer lockdown periods or social isolation. However, Western European countries such as Germany, France, Russia, the UK, and others have seen a comparatively modest decrease in their growth activities because of the strong healthcare system. To protect its citizens from the virus, the European government has made tremendous investments in incorporating technologies in its healthcare systems to help identify signs of the virus. Businesses across Europe have shifted from traditional to online businesses in order to carry on with their financial activities during the corona virus outbreak. High adoption of work from home culture across the region owing to the nationwide lockdown has reduced the demand for power, and transportation facilities across the country especially from the commercial sector, thereby affected the automotive, aircraft and power sector adversely across the region. On the other hand, the shutdown of manufacturing plants coupled with the adverse impact on logistics and supply chain in the area is also expected to impact the production and distribution process of the same. Thus, the above-mentioned factors indicate that the European engine stand market has been negatively impacted owing to the pandemic.
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Market Overview and Dynamics
The engine stand market in Europe is expected to grow from US$ 145.96 million in 2019 to US$ 195.07 million by 2027; it is estimated to grow at a CAGR of 4.3% from 2020 to 2027. With the growing number of engine orders, the aircraft engine manufacturers are expanding their warehouse capabilities to store/mount higher number of manufactured engines. Thus, with the greater production of different engine models, the demand for engine stands is also surging, which is driving the market growth. Rolls Royce, Pratt &Whitney, General Electric, CSM Engines, and International Engine Alliance are among the leading and gigantic aircraft engine manufacturers that are contributing to the engine stand market growth.
Key Market Segments
The Europe engine stand market has been segmented into product type, and application. Based on product type, the Normal America engine stand market is segmented into gasoline engine stand, diesel engine stands. Gasoline engine stand segment held a substantial market share in 2019. Based on application, the Normal America engine stand market is segmented into automotive, aircraft, others. Aircraft segment held a substantial market share in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the engine stand market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AGSE LLC; DAE Industries; DEDIENNE AEROSPACE; Frank Brown & Son Ltd; HYDRO SYSTEMS KG; Mahle GmbH; and The Brixworth Engineering Co Ltd.
Reasons to buy report
- To understand the Europe engine stand market landscape and identify market segments that are most likely to guarantee a strong return.
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe engine stand market.
- Efficiently plan M&A and partnership deals in Europe engine stand market by identifying market segments with the most promising probable sales.
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe engine stand market.
- Obtain market revenue forecast for market by various segments from 2020-2027 in Europe region.
Europe Engine Stand Market Segmentation
Europe Engine Stand Market - By Airport Type
- Gasoline Engine Stand
- Diesel Engine Stand
Europe Engine Stand Market - By Application
- Automotive
- Aircraft
- Others
Europe Engine Stand Market - By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Engine Stand Market - Company Profiles
- AGSE LLC
- DAE Industries
- DEDIENNE AEROSPACE
- Frank Brown & Son Ltd
- HYDRO SYSTEMS KG
- Mahle GmbH
- The Brixworth Engineering Co Ltd
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Engine Stand Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Engine Stand Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Aircraft Engine Manufacturing Witnessing Growth
5.1.2 Surge in Aircraft Delivery Orders
5.2 Key Market Restraints
5.2.1 Long Life of Engine Stands
5.3 Future Trends
5.3.1 Tracking Systems Getting Adopted for Engine Stands
5.4 Impact Analysis of Drivers and Restraints
6. Engine Stand Market –Europe Market Analysis
6.1 Overview
6.2 Europe Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
7. Europe engine stand market Analysis – By Product Type
7.1 Overview
7.2 Europe engine stand market, by Product Type (2019 and 2027)
7.3 Gasoline Engine Stand
7.3.1 Overview
7.3.2 Gasoline Engine Stand: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Diesel Engine Stand
7.4.1 Overview
7.4.2 Diesel Engine Stand: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
8. Europe Engine Stand Market Analysis – By Application
8.1 Overview
8.2 Europe engine stand market, by Application (2019 and 2027)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Aircraft
8.4.1 Overview
8.4.2 Aircraft: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
9. Europe Engine Stand Market – Country Analysis
9.1 Overview
9.1.2 Europe: Engine Stand Market, by Key Country
9.1.2.1 Germany: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.1.1 Germany: Engine Stand Market, by Product Type
9.1.2.1.2 Germany: Engine Stand Market, by Application
9.1.2.2 France: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.2.1 France: Engine Stand Market, by Product Type
9.1.2.2.2 France: Engine Stand Market, by Application
9.1.2.3 Italy: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.3.1 Italy: Engine Stand Market, by Product Type
9.1.2.3.2 Italy: Engine Stand Market, by Application
9.1.2.4 UK: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.4.1 UK: Engine Stand Market, by Product Type
9.1.2.4.2 UK: Engine Stand Market, by Application
9.1.2.5 Russia: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.5.1 Russia: Engine Stand Market, by Product Type
9.1.2.5.2 Russia: Engine Stand Market, by Application
9.1.2.6 Rest of Europe: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.6.1 Rest of Europe: Engine Stand Market, by Product Type
9.1.2.6.2 Rest of Europe: Engine Stand Market, by Application
10. Impact of COVID-19 Pandemic on Europe Engine Stands Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
12. COMPANY PROFILES
12.1 Mahle GmbH
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 AGSE LLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 DAE Industries
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dedienne Aerospace
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Frank Brown & Son Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 The Brixworth Engineering Co Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 HYDRO SYSTEMS KG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Boeing and Airbus: Aircraft Order and Delivery Data, 2018 and 2019
Table 2. Europe Engine Stand Market – Revenue, and Forecast to 2027 (US$ Million)
Table 3. Germany: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)
Table 4. Germany: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 5. France: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. France: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 7. Italy: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)
Table 8. Italy: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 9. UK: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)
Table 10. UK: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 11. Russia: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)
Table 12. Russia: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of Europe: Engine Stand Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of Europe: Engine Stand Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Engine Stand Market Segmentation
Figure 2. Europe Engine Stand Market Segmentation – By Country
Figure 3. Europe Engine Stand Market Overview
Figure 4. Europe Engine Stand Market, by Country
Figure 5. Europe Engine Stand Market, By Product Type
Figure 6. Europe Engine Stand Market, By Application
Figure 7. Europe – PEST Analysis
Figure 8. Ecosystem Analysis: Europe Engine Stand Market
Figure 9. Expert Opinion
Figure 10. Europe Engine Stand Market: Impact Analysis of Drivers and Restraints
Figure 11. Europe Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Europe engine stand market Revenue Share, by Product Type (2019 and 2027)
Figure 13. Europe Gasoline Engine Stand: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Europe Diesel Engine Stand: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Europe engine stand market Revenue Share, by Application (2019 and 2027)
Figure 16. Europe Automotive: Engine Stand – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Europe Aircraft: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Europe Others: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Europe: Engine Stand Market, by Key Country – Revenue (2019) (US$ Million)
Figure 20. Europe: AI in computer Vision Market Revenue Share, by Key Country (2019 and 2027)
Figure 21. Germany: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. France: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Italy: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. UK: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Russia: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Rest of Europe: Engine Stand Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in Europe Country Markets
- AGSE LLC
- DAE Industries
- DEDIENNE AEROSPACE
- Frank Brown & Son Ltd
- HYDRO SYSTEMS KG
- Mahle GmbH
- The Brixworth Engineering Co Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe engine stand market
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- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the engine stand market, as well as those hindering it
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