Product Launch (Blog)

Jul, 11 2024

Technological Advancements and Strategic Partnerships Fuel Expansion of the Global Aircraft Hangar Market

The robust growth of the global aircraft hangar market can be attributed to several key factors driving demand and innovation within the industry. Firstly, the continuous expansion of air travel globally has led to an increasing need for aircraft storage and maintenance facilities. Airlines and private operators are scaling up their fleets to meet the growing demand for air transportation, necessitating the construction of new hangars and the upgrade of existing ones. Moreover, the expansion of airport infrastructure, particularly in emerging markets, is fueling the demand for modernized hangar facilities. As airports strive to accommodate larger aircraft and handle higher passenger volumes, they require state-of-the-art hangars equipped with advanced technology and amenities to support efficient aircraft maintenance operations.

Another significant driver of market growth is the emphasis on modernization and efficiency in aircraft maintenance. Aircraft operators are increasingly seeking hangar solutions that offer not only ample storage space but also integrated maintenance systems and equipment to streamline servicing processes and minimize downtime. This focus on operational efficiency is prompting manufacturers to develop innovative hangar designs and technologies tailored to meet the evolving needs of the industry.

The Global Aircraft Hangar Market size is projected to reach USD 1,060,614.67 thousand by 2030, with a CAGR of 4.9% during the forecast period of 2023 to 2030.  

To know more, visit https://www.databridgemarketresearch.com/ko/reports/global-aircraft-hangar-market

Below are the Top Five Aircraft Hangar Companies with a Significant Market Share:

Rank

Company

Overview

Product Portfolio

Sales Geographical Coverage

Developments

1.

 

AECOM

AECOM excels in delivering tailored solutions for the design and construction of aircraft hangars, emphasizing project management, sustainable building practices, and energy efficiency. AECOM's extensive experience in large-scale aviation infrastructure projects positions it as a key player in providing end-to-end services from concept to completion.    

Aviation

  • Hangar Design

Americas, Middle East and Africa, Europe, Asia-Pacific

In March 2022, AECOM and Hybrid Air Vehicles (HAV) formed a transformative partnership to develop infrastructure for the pioneering hybrid aircraft, Airlander, driving sustainable transportation innovation. The collaboration leveraged AECOM's consulting and advisory services to provide cost and carbon benchmarking, sustainability development, and master planning, enabling HAV's ambitious vision for net-zero aviation. This award-winning partnership allowed AECOM to demonstrate its commitment to environmental, social, and governance targets while positioning itself as a leading player in advancing innovative technologies for reducing carbon emissions in the aviation sector.

2.

PFEIFER GROUP

 

 PFEIFER GROUP specializes in rope, lifting, and construction technology, offering advanced solutions for the construction of complex aircraft hangars. Their expertise lies in structural engineering and the installation of lifting and securing systems tailored to the unique needs of aviation facilities. Known for their innovative approach, PFEIFER GROUP ensures that hangar structures are robust, safe, and customizable to specific client requirements, making them a significant contributor to the market.  

  • Aircraft Hanger

Europe

In June 2023, Pfeifer Holding GmbH was a partner of the "Coalition for Timber Construction," an initiative for sustainable building with wood that aimed to promote wooden buildings as the first choice for construction projects across the board. The coalition served as a knowledge provider for the real estate industry and political discourse, advocating for timber construction's advantages in sustainability and climate protection.

3.

JOHN REID & SONS (STRUCSTEEL) LTD.

 

 

JOHN REID & SONS (STRUCSTEEL) LTD. offers comprehensive solutions, including the design, fabrication, erection, and maintenance of steel structures for hangars. Their long-standing reputation for delivering high-quality, durable steel frameworks ensures the safety and longevity of hangar facilities, addressing the critical needs of the aviation industry.

  • Wide Span Hangar
  • Cantilevered hangar
  • Military specification hangars
  • Light aircraft hangars

Middle East and Africa, Europe, Americas, Asia-Pacific

In December 2022, JOHN REID & SONS (STRUCSTEEL) LTD was recognized for its outstanding contributions to the global aircraft hangar market. Their collaboration with the main contractor Civils Contracting Ltd, on the dual-cantilever hangar at London Biggin Hill Airport and Bombardier's official opening showcases their expertise in designing, fabricating, and installing complete steel frames and hangar elements. Winning the prestigious Structural Steel Design Awards further solidifies their position as a leading player in the industry.

4.

 Fulfab

 

 Fulfab is known for its expertise in designing and constructing fabric-based structures, including aircraft hangars. They provide both temporary and permanent hangar solutions that are flexible and adaptable to various operational needs. Fulfab's quick installation and relocation capabilities, along with their customizable designs, make them an ideal choice for clients requiring rapid deployment and cost-effective hangar solutions.

  • Full Nested “T”
  • Std. Nested “T”
  • Clear Span

North America

In July 2017, Fulfab was mentioned in the list of "10 AIRCRAFT HANGAR MANUFACTURERS" by Mototok. The selection of an airplane or helicopter hangar design and manufacturer carries significant weight, given their vital role in safeguarding delicate and valuable machines. It involves addressing various crucial aspects, including size, materials, environmental factors, and long-term viability. They offer a tremendous advantage over some competitors, though in that all of their buildings are pre-engineered and pre-fabricated in-house, so they are erected very quickly on site.

5.

BlueScope Buildings

BlueScope Buildings is a leading provider of engineered building solutions specializing in prefabricated steel structures for the aircraft hangar market. The company's focus on innovative design, sustainability, and energy efficiency has positioned it as a key player in delivering durable and efficient hangar facilities. BlueScope Buildings' comprehensive project management services and high-quality steel building systems cater to the growing demand for modernized and reliable aircraft maintenance and storage facilities.

  • AIRCRAFT HANGAR CONSTRUCTION AND DESIGN

North America

In June 2023, BlueScope Construction, Inc. successfully conducted the Buildings of the Future global accelerator, collaborating with BlueScopeX, the venture arm of BlueScope Steel, to foster innovation in the construction industry. The accelerator resulted in five pilot programs with innovative startups, including GigBridge, a UK-based SaaS platform addressing the challenge of finding skilled labor in the construction industry.

Conclusion

The market is poised for substantial growth, fueled by the increasing demand for air travel, the expansion of airport infrastructure, and the pressing need for modern, efficient aircraft maintenance facilities. Leading companies such as AECOM, PFEIFER GROUP, JOHN REID & SONS (STRUCSTEEL) LTD., Fulfab, and BlueScope Buildings are at the forefront of this expansion, offering innovative and customized solutions that address the evolving needs of the aviation industry. These companies' expertise in sustainable building practices, advanced engineering, and rapid deployment capabilities underscores the market's shift towards more efficient, safe, and adaptable hangar structures. As technological advancements continue to enhance hangar design and construction, the market is set to experience ongoing growth and innovation, meeting the demands of a rapidly evolving aviation sector.


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