IMARC Group’s latest research report, titled “Ground Support Equipment Market Report: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global ground support equipment market size. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The market reached a value of US$ 13.11 Billion in 2021. Looking forward, IMARC Group expects the global ground support equipment market size to reach a value of US$ 22.0 Billion by 2027, exhibiting a CAGR of 8.80% during 2022-2027. Ground support equipment (GSE) is an advanced support equipment used at airports to provide services at the ground level and primarily used to support safe operations of the plane before taking off and after landing at the airport. It involves various ground power operations, such as cargo, aircraft mobility, and passenger loading operations and offers numerous vital services, such as refueling, towing airplanes, freight carts, de-icing, portable water storage, cleaning, lavatory waste tank drainage, firefighting, emergency services, and passenger transport services.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by type, power source and application.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for ground support equipment market
- Strategies of major players and product offerings
The global market is majorly driven by the augmenting air traffic and cargo transportation. In line with this, the growing awareness about environmental concerns is creating a massive demand for eco-friendly and greener variants of aircraft ground support equipment (AGSE) in the aviation sector, thus creating a positive outlook for the market. Apart from this, the widespread popularity of used and refurbished products is positively influencing the market growth. Moreover, major airlines are increasingly focusing on the modernization of ground support equipment to maximize product lifespan and add upgrades that help save costs significantly. Additionally, the rising popularity of electric-powered GSE due to the shifting focus of the governments towards green initiatives and the growing demand for low carbon emission products are providing a boost to the market worldwide.
Key Players Included in Global Ground Support Equipment Market Research Report:
- Aero Specialties Inc.
- Aeroservices Ltd.
- Cavotec SA
- Curtis Instruments Inc.
- ITW GSE, Jalux Inc.
- John Bean Technologies Corporation
- Rheinmetall Aktiengesellschaft
- Textron Ground Support Equipment Inc. (Textron Inc.)
- TLD Group (Alvest Group)
- Weihai Guangtai Airport Equipment Co. Ltd.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
- Powered Ground Support Equipment
- Non-Powered Ground Support Equipment
- Aircraft Handling
- Passenger Handling
- Cargo Handling
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Ground Support Equipment Market Research Report:
- Scope and Methodology
- Executive Summary
- Global ground support equipment market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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