Ground Support Equipment Market by Type (Powered GSE, Non-powered GSE), Application (Aircraft handling, Passenger handling, Cargo handling) - Global Opportunity Analysis and Industry Forecast, 2017-2023
Portland, OR -- (SBWIRE) -- 11/30/2017 -- Ground support equipment (GSE) are designed to support the operations of an aircraft whilst it is at the airport. GSE comprises airplane push-back & hook-up, forklifts & lifts, carts, vehicles, air-conditioning tugs, belt & container loaders, light-duty trucks, and other equipment that serve the purpose of powering, towing, and servicing. Further, such equipment enable passenger handling, baggage handling, aircraft mobility, repair, service, and maintenance functions. Many of the airlines either own/ maintain the GSE or possess full service leasing from the equipment management companies.
The ground support equipment market is widely driven by increase in air-traffic; upsurge in terminal expansions & modernization; increasing number of passengers; and increase in the number of aircraft deliveries across the world.
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The global ground support equipment market is segmented based on vehicle type, application, and geography. By type, the GSE market is segmented into powered and non-powered GSE segments. Further, the applications of GSE include aircraft handling, passenger handling, and cargo handling.
Geographically, the ground support equipment market is segmented into North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA) including country-level analysis for each region.
Some of the significant players in the ground support equipment market that are profiled in the report are 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.
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This study comprises analytical depiction of the global ground support equipment market with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends for gaining a stronger coverage in the market.
The report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2023, which is provided to highlight the financial competency of the market.
Porter's five forces analysis illustrates the potency of the buyers and suppliers.