openPR Logo
Press release

Ground Support Equipment Market - Developments in Telemetry Solutions for Ground Support Equipment | Tug Technologies, GATE GSE, Weihai Guangtai Airports Equipment & More

03-12-2020 02:48 PM CET | Logistics & Transport

Press release from: Allied Market Research

Ground Support Equipment Market

Ground Support Equipment Market

Ground Support Equipment Market 2020-2030: According to a recent report published by Allied Market Research, titled, "Ground Support Equipment Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the ground support equipment market was valued at $12 billion in 2016, and is projected to reach at $24 billion by 2023, growing at a CAGR of 10.3% from 2017 to 2023.

Download Report Sample (140 Pages PDF with Insights):

The key players profiled in the ground support equipment market report include Tug Technologies Corporation, GATE GSE, Weihai Guangtai Airports Equipment Co., Ltd., Imai Aero-Equipment Mfg. Co. Ltd., Mallaghan Engineering, Ltd., AERO Specialties, Inc., Cavotec SA, Flightline Support Ltd., JBT Corporation, and Douglas Equipment Ltd.

Ground support equipment (GSE) enable to handle passengers & baggage, aircraft mobility, repair, service, and maintenance functions. On the basis of demand in the ground support equipment market, Asia-pacific and Middle East are the market leaders, owing to increase in air traffic and rise in number of airports and airplanes. Traffic improvement in India observed increase of 27% in 2016, and similar increment is observed in Asia-Pacific, Middle East, and Africa. Reduction in air traffic (9%) has observed in North America and Europe as compared to Africa and Middle East. On the contrary, North America is the global leader for supply of GSE followed by Europe. China dominates the manufacturing activities in the Asia-Pacific region.

Speak To Our Analyst/Industry Experts To Know Latest Developments in The Ground Support Industry:

Rise in air traffic & cargo, increased focus of airports on enhancement of operational efficiency, and high service standards are expected to drive the growth of the global GSE market. However, high costs involved in the purchase, installation, and maintenance of the equipment are expected to hamper the market growth during the forecast period. Increased focus towards procurement of greener GSE, outsourcing of maintenance, repair, and operations (MRO) to third party, and emerging use of wireless technologies are expected to provide lucrative opportunities for the GSE market growth.

Make a Purchase Enquiry Before Buying This Report:

In 2016, the powered equipment accounted for the highest revenue share among the types of GSE in the global ground support equipment market due to the higher price of the equipment as compared to the non-powered ones. In addition, non-powered equipment are expected to witness the highest growth during the forecast period. Moreover, aircraft handling among the GSE applications dominated the global ground support equipment market in 2016. However, cargo handling is expected to grow at the highest pace during the forecast period.

North America dominates the global GSE market pertaining to the increased focus on enhancement of operational efficiency on the airports. It has the highest number of GSE manufacturers among other regions globally. Furthermore, the investments in technological enhancements, such as better underground GSE, supplement the regions dominant position.

Request For Report Customization:

The LAMEA ground support equipment market is estimated to grow at the highest rate due to rise in number of airports, which required increase in number of these equipment.

Key Findings of the Ground Support Equipment Market:

o The non-powered equipment are expected to exhibit a significant increase in the ground support equipment market growth during the forecast period.
o In 2016, aircraft handling generated the highest revenue among other GSE applications.
o LAMEA is anticipated to exhibit a substantial growth during the forecast period.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ground Support Equipment Market - Developments in Telemetry Solutions for Ground Support Equipment | Tug Technologies, GATE GSE, Weihai Guangtai Airports Equipment & More here

News-ID: 1964848 • Views: 220

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ Synthetic biology is at a nascent stage and has recently

All 5 Releases

More Releases for GSE

Airport Ground Handling Market 2027 Global Topmost Companies JBT Teleflex Lionel …
Airports are undergoing continuous upgradation to enhance their infrastructure and improve customer experience. Aircraft ground handling system is involved in various operational services to reduce ground time and to improve aircraft productivity between its arrival and next departure. Speed, efficiency, and accuracy are most important in ground handling services to minimize the turnaround time. Factors such as to avoid delays caused by aircraft, baggage safety & security, and reduced ground
New Report on Ground Support Equipments (GSE) Market Insights, Forecast 2022 | G …
BusinessIndustryReports have new report on “Global Ground Support Equipments (GSE) Market 2019-2024”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better. This
Geomembranes Market - Facing stiff competition in 2025 | GSE Environmental LLC
Global Geomembranes Market: Snapshot Geomembranes are used over concrete, compacted clay, and asphalt due to their efficacy. Geomembranes display a host of physical, chemical, and mechanical resistance properties that are useful to protect the environment and water resources. Geomembranes of superior quality are less susceptible to ground movement and are considered to be more economical and safer for a majority of applications. Composition-wise, geomembrane are plastic sheets that are used within soils
Airport Ground Support Equipment Market Analysis by Trends | Airport GSE Industr …
Market Highlights: Airport Ground Support Equipment (GSE) is support equipment found at the airside and airport terminals for additional passenger or aircraft support. This also benefits the aircraft maintenance and service between flight stoppages. Of late, rising investments by countries in airport infrastructure has led to an increase in the demand for airport GSE. As a result, higher investments are being made in the development of GSE, which would witness a
Global Ground Support Equipments (GSE) Market 2018-2023 Tronair, Aviation GSE, C …
Ground Support Equipments (GSE) Market Research 2018 A market study "Global Ground Support Equipments (GSE) Market" examines the performance of the Ground Support Equipments (GSE) market 2018. It encloses an in-depth Research of the Ground Support Equipments (GSE) market state and the competitive landscape globally. This report analyzes the potential of Ground Support Equipments (GSE) market in the present and the future prospects from various angles in detail. The Global Ground Support
Global Cargo Tractor Market 2017: Charlatte, SOVAM GSE, VOLK
HTF MI published a new industry research that focuses on Cargo Tractor market and delivers in-depth market analysis and future prospects of Global Cargo Tractor market. The study covers significant data which makes the research document a handy resource for marketing managers, analysts, industry executives, consultants, sales and product managers, and other key people who are in need of ready-to-access and self-analyzed study along with graphs and tables