New York, According to a new market research report published by Global Insight Services “Aircraft Ground Support Equipment Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Aircraft ground support equipment (GSE) is the support equipment found at an airport, usually on the apron, the servicing area by the terminal. This equipment is used to service the aircraft between flights. The main types of GSE include:
Aircraft tugs: used to move aircraft around the airport
Aircraft ground power units: used to provide electricity to the aircraft while on the ground
Aircraft lavatory service units: used to service the aircraft lavatories
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Key Trends
The key trends in aircraft ground support equipment technology are:
1. Increased use of electric and hybrid-electric power: This is being driven by the need to reduce emissions and noise levels, as well as to improve efficiency.
2. Improved safety: New technologies are being developed to make ground support equipment safer to use, such as automated systems that can help prevent accidents.
3. Enhanced connectivity: Ground support equipment is becoming more connected, allowing for better coordination and communication between different systems.
4. Greater automation: Automated systems are being used more often to improve efficiency and productivity.
Key Drivers
There are a few key drivers of the aircraft ground support equipment market. First, the growth of the commercial aviation industry is a key driver of this market. As the industry continues to grow, there is an increasing demand for aircraft ground support equipment. Additionally, the increasing focus on safety and security is another key driver of this market. As safety and security become increasingly important, airlines and airports are investing more in aircraft ground support equipment. Finally, the increasing demand for faster turnaround times is also a key driver of this market. As airlines look to reduce costs and improve efficiency, they are investing in aircraft ground support equipment that can help them turn around aircraft more quickly.
Market Segments
The aircraft ground support equipment market report is bifurcated on the basis of equipment, ownership, application, and region. On the basis of equipment, it is segmented into passenger services, cargo loading, and aircraft service. Based on ownership, it is analyzed across new sales and rental/lease. By application, it is categorized into commercial and defense. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Player
The aircraft ground support equipment market report includes players such as Exide Technologies, JBT Corp., Tronair Inc., Mulag Fahrzeugwerk Heinz Wössner GmbH u. Co. KG, Alvest Group, Cavotec SA, Weihai Guangtai Airport Equipment Co. Ltd., China International Marine Containers Co. Ltd., Textron Inc., and Air T Inc.
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Reasons to buy Aircraft Ground Support Equipment Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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