Ground Support Equipment - Global Industry Size, Share, Trends, Analysis and Forecast 2017 – 2022
Global Ground support equipment market is accounted for $11.8 billion in 2015 and is expected to reach $20.06 billion by 2022 growing at a CAGR of 11.0%. Increasing number of air passengers and high expenditure by airport authorities on eco friendly ground support equipment to improve their operational efficiency are some of the factors driving the market. However, usage of worn equipment is restricting the market growth. Availability of Just-In-Time Spares is the key challenge to the market.
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