DUBLIN--(BUSINESS WIRE)--The "Ground Support Equipment Market by Type (Electric, Non-Electric, Hybrid), Application (Passenger Service, Commercial & Military Cargo, Aircraft Service), End Use (Commercial, Defense), Component (Equipment, MRO), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Ground Support Equipment (GSE) market is projected to reach USD 24.69 billion by 2022, at a CAGR of 11.76% from 2017 to 2022. Ground support equipment are an integral part of airport operations. GSEs perform various functions, including aircraft maintenance, aircraft fueling, ground power, transporting cargo, and so on.
Based on end use, the commercial segment is estimated to be the largest market for ground support equipment in 2017. According to the International Air Transport Association (IATA), the global air traffic is projected to double over the next two decades. The demand for aircraft orders is also increasing across the globe due to this factor. With this, the demand for commercial ground support equipment is expected to witness significant growth.
North America is the largest market for ground support equipment. The GSE market in this region is very competitive owing to the presence of a large number of original component manufacturers (OCMs) and original equipment manufacturers (OEMs) such as Tug Technologies and Tronair Inc., among others. The need for modernization of existing airports in the US is expected to drive the growth of the GSE market in North America.
- AMSS GSE
- Avia Equipment Pte Ltd
- Clyde Machines Inc.
- Gate GSE
- Mallaghan Engineering Ltd.
- Mulag Fahrzeugwerk GmbH
- Shenzhen Cimc-Tianda Airport Support Co. Ltd.
- Teleflex Lionel-Dupont (TLD)
- Tronair Inc.
- TUG Technologies Corporation
- Weihai Guangtai Airport Equipment Co., Ltd.
- JBT Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Ground Support Equipment Market, By Type
8 Ground Support Equipment Market, By Application
9 Ground Support Equipment Market, By End Use
10 Ground Support Equipment Market, By Component
11 Regional Analysis
12 Competitive Landscape
13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/7qz24r/global_ground?w=4