Ground Support Equipment Market size is about to realize lucrative growth during the forecast period because it enables airlines to efficiently manage their daily operations for felicitating their daily routine flights journey without causing any delays. the bottom support equipment is majorly focused at reducing Aircraft-On-Ground (AOG) timing significantly to enhance overall flight experience. Consistent with the Airspace Technologies, an AOG can cost up to around USD 150 thousand per hour, thereby contributing significantly towards increasing the operating expenses. The many growth of e-commerce alongside growing requirement for speed, visibility, and high priority services are boosting the air cargo demand. Ground support equipment market players are continuously investing in R&D for incorporating advanced telematics and management solutions. Moreover, the addition of RFID technologies alongside connected services provide airliners and ground service handlers with real-time insights and updates on the status of the cargo handling and vehicle activities. Additionally, the advanced technologies and solutions enable players to actively engage their equipment to scale back turnaround and improve efficiency significantly.  Ground support equipment (GSE) at airports are used for handling passengers, cargo and aircraft at the bottom level. This equipment enables the movement of aircraft from landing until its take-off, and aid in handling tasks like aircraft maintenance, maneuvering, refueling, etc. at the airport.

The ground support equipment market is expected to grow more than US$ 12 billion by 2027, at a CAGR of 20.7%.

Global Ground Support Equipment market is segmented based on the Type as, Mobile Gse, Fixed Gse.. On the basis of Power Source, the global Ground Support Equipment market is segregated as Hybrid, Electric, Non-Electric. The report segments global Ground Support Equipment market based on Application as Commercial, Military, on the basis of Component New, Replacement, Maintenance.

Global Ground Support Equipment market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Ground Support Equipment market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

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Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of Ground Support Equipment market manufacturers. The revenue generated from the sales of Ground Support Equipment manufacturer has been calculated through primary and secondary research.

The market size estimation also considered leading players revenues as part of triangulation The key players considered are JBT Corporation (US), Teleflex Lionel-Dupont (TLD) (France), Mallaghan (UK), Tug Technologies Corporation (Textron GSE) (US), Tronair (US), MULAG Fahrzeugwerk (Germany), Guangtai (China), Rheinmetall AG (Germany), ITW GSE (Denmark), and Cavotec (Switzerland). Services among others operating in the Ground Support Equipment market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes types of segmentation determined using secondary sources and verified through primary sources.

The Ground Support Equipment Market has been segmented as below:

Ground Support Equipment Market, By Type

• Fixed GSE
• Mobile GSE

Ground Support Equipment Market, By Power Source

• Hybrid Ground Support Equipment
• Non-Electric Ground Support Equipment
• Electric Ground Support Equipment

Ground Support Equipment Market, By Application

• Hydrant Fuel Systems
• Chargers
• Aircraft Services
• Cargo Services
• Commercial
• Military
• Others

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Ground Support Equipment Market, By Component

• Maintenance
• Equipment

Ground Support Equipment Market, By Region

• North America
• Europe
• Asia Pacific
• Rest of World

Report scope:

The global Ground Support Equipment market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.

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