“Ground Support Equipment market to present promising growth prospects over the forecast period,” says Visiongain report

05 September 2019
Aviation

Visiongain has launched a new packaging report Ground Support Equipment Market Report 2019-2029: Forecasts by Application (Aircraft, Cargo, Passenger), by Type (Powered GSE, Non-powered GSE) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis. 

The global ground support equipment market is expected to present promising growth opportunities during the forecast period. Some of the key factors that are driving the market include upsurge in terminal modernization & expansions, rise in air-traffic & cargo, increase in the number of aircraft deliveries worldwide, and rising number of passengers. However, the need for huge capital investment may pose as a major restraint for the market. The ground support equipment market can be segmented based on type, application, and region.

There have been significant improvements made by airports so as to reduce the turnaround time by increasing the operating efficiency. The emergence of underground support equipments (underground GSE) has reduced congestion at the airport and improved the speed of operations. High service standards and increasing usage of wireless technology are protected to drive the market. The growing number of air passengers and transportation of cargo has led to increased adoption of advanced GSEs. The authoritative bodies are increasingly focusing on procuring eco-friendly GSE that adheres to the stringent emission regulations established by the governments.

The key companies operating in the ground support equipment market are JBT Corporation, Tug Technologies Corporation (Textron GSE), Weihai Guangtai Airports Equipment Co., Ltd., Mallaghan Engineering, Ltd., Teleflex Lionel-Dupont (TLD), and MULAG Fahrzeugwerk. Some of the other companies operating in the market include Rheinmetall AG, ITW GSE, AERO Specialties, Inc., Cavotec SA, GATE GSE, Tronair, Imai Aero-Equipment Mfg. Co. Ltd., Flightline Support Ltd., Douglas Equipment Ltd., Cisco Systems, Inc., Plug Power, Inc., ACCESSAIR Systems, Inc., Jazz Aviation, Air Canada, DESKO GmbH, and Airbus SAS. These companies are adopting various strategies such as new product development, mergers and acquisitions, worldwide expansions, partnerships, and agreements so as to increase their presence in the global market and gain a competitive advantage.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain publishes Remote Air Traffic Control Towers Market Report 2020-2030

It is the air traffic/airport remote controlling that seems to be the main direction in the air traffic controlling sector, which determines the interests of the sector and carries promising innovative possibilities.

11 June 2020

Read

Visiongain publishes Servo Drive and Motion Controller in Aerospace and Defence Market Report 2020-2030

With the change in time electronic motor controllers have become quite a demand among the industry players. As a motor powered by a servo controller can stop at a precisely defined position, when the command signals are given.

10 June 2020

Read

Visiongain publishes Intelligent Automation in Aerospace & Defence Market Report 2020-2030

In the next decade, the Intelligent Automation in Aerospace & Defence market will register strong growth. Visiongain forecasts that between 2020 to 2030, the aerospace and defence industry will change drastically owing to the introduction of new technologies coupled with artificial intelligence and machine learning.

28 May 2020

Read

Visiongain publishes Aerospace Used Serviceable Material Market Report 2020-2030

Development in the global Used Serviceable Material (USM) industry will hamper development in the industry for aircraft aftermarket parts as demand for aftermarket parts will be significantly reduced due to the availability of USM components.

26 May 2020

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever