IMARC Group’s latest research report, titled “Ground Support Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” the market reached a value of US$ 13.11 Billion in 2021. Looking forward, IMARC Group expects the global ground support equipment market to reach a value of US$ 22.0 Billion by 2027, exhibiting a CAGR of 8.80% during 2022-2027.
Ground support equipment (GSE) refers to advanced equipment designed to support the operations of an aircraft. It is primarily used to assist aircraft operations before taking off and after landing at the airport. It comprises airplane push-back and hook-up, belt and container loaders, light-duty trucks, forklifts, carts, and vehicles that serve the purpose of towing, powering, and servicing.
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Important Attribute and highlights of the Report:
The global market is majorly driven by the rapid expansion activities at airports. Furthermore, the rising demand for electric ground support equipment is significantly contributing to the market growth across the globe. Several market players are also heavily investing in developing hybrid ground support equipment, thereby positively influencing the market. Moreover, the governments of various countries are investing in the procurement of greener GSE, which, in turn, is creating a positive outlook for the market. Additionally, the increasing focus on enhancing operational efficiency is providing a thrust to the market.
Key Players Included in Global Ground Support Equipment Market Research Report:
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
TOC for the Ground Support Equipment Market Research Report:
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