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Nov 8, 2017 4:18 PM ET

Ground Support Equipment Market for Automotive Grow 11.76% CAGR to hit 24.69 billion by 2022

iCrowdNewswire - Nov 8, 2017

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.

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.

Key manufacturers and suppliers of ground support equipment in North America include JBT Corporation (US), TUG Technologies Corporation. (US),and Tronair Inc.(US), among others.

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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. GSE largely comprise off-road type equipment that are powered by gasoline or diesel. The growth of this market is attributed to the growing demand for ground support equipment with green technology and the rising number of airport expansion and development projects around the world. The GSE market is also facing some restraints such as availability of excess idle ground support equipment. The GSE providers and numerous airports are focusing on replacing such idle ground support equipment with new and improved ground support equipment.

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Target Audience Include Ground Support Equipment Market Report:

  • Ground Support Equipment (GSE) Manufacturers
  • Original Equipment Manufacturers (OEMs) and Service Providers
  • Subcomponent Manufacturers and Suppliers
  • GSE Retailers, Wholesalers, and Distributors
  • Maintenance, Repair, and Overhaul (MRO) Service Providers
  • Technology Support Providers
  • Logistical Partners and Transporters
  • Solutions & Software Providers
  • Airport Authorities and Airlines

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Top Companies Analyzed for Ground Support Equipment Market are – JBT Corporation (US), Teleflex Lionel-Dupont (TLD) Group (France), GATE GSE (Belgium), AMSS GSE (UK), Mallaghan Engineering Ltd. (UK), Tug Technologies Corporation(US), Tronair Inc.(US), MULAG Fahrzeugwerk GmbH (Germany), and Clyde Machines Inc. (US), among others.

Industry Trends
Value Chain
Supply Chain
Emerging Trends
Emission Reduction
Equipment-Related Approaches to Reduce Emissions From GSE
Alternative Fuel
Semi-Robotic Taxiing
Modular Pre-Conditioned Air Units
Passenger Boarding Bridges
Bomb Loaders

Ground Support Equipment Market, By End Use

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Ground Support Equipment Market, By Component

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