Airport Ground Support Equipment Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Airport Ground Support Equipment Market 2018 Airport Ground Support Equipment Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 Airport Ground Support Equipment (GSE) is support equipment found at the airside and airport terminals for additional passenger or aircraft support. This also benefits the aircraft maintenance and service between flight stoppages. Of late, rising investments by countries in airport infrastructure has led to an increase in the demand for airport GSE. As a result, higher investments are being made in the development of GSE, which would witness a rapid growth during the forecast period. However, major restraints of the market growth include high maintenance costs and high cost involved in the replacement of older GSE. Airport GSE is used for aircraft handling, passenger handling, and cargo handling. While, the ground power units are used for towing aircraft and other aircraft handling operations, dollies, chocks, tripod chock, and service stairs are used for cargo handling. Moreover, the rise in energy efficient equipment at airports to reduce CO2 and noise pollution, and at the same time aids in achieving higher economic efficiency has bolstered the market. In the recent years, airports are making significant investments to increase their operating efficiency and decrease their turnaround time (TAT). The benefit of enhancing operational efficiency is that it reduces maintenance costs and increases profits. Therefore, it is important for the airport authorities to have competent GSE. 2 www.marketresearchfuture.com Airport Ground Support Equipment Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Airport Ground Support Equipment Market Research Report - Global Forecast 2023” The increasing investments in airport infrastructure and need for aircraft maintenance will offer new growth opportunities to the market players. The factors responsible for the growth of the airport GSE market are the increasing air passenger and freight traffic, warehouse operations at airports, and number of airport expansions. There were a number of contracts that fueled the market growth. For instance, in 2017, Teleflex Lionel-Dupont Group signed a contract with KLM, to supply full electric fleet loader. Similarly, in 2017, JBT Corporation acquired Aircraft Maintenance Support Services Ltd (AMSS) to expand their equipment maintenance division. Flughafen Wien AG, in 2017, signed a contract with Australian Airlines to support airport ground handling operations, such as boarding and de-boarding for passengers, loading and unloading baggage, cleaning aircraft cabins, and aircraft towing. 3 www.marketresearchfuture.com Airport Ground Support Equipment Market 2018 Segmentation: The airport GSE market has been segmented into type, component, end-user, and region. Based on type, electric GSE are widely used and expected to comprise the largest share in the market due to increasing usage of energy efficient GSE technologies. Based on equipment, it is expected that the movement equipment segment is expected to witness the largest demand in the global market, during the forecast period, due to their increased deployment for aircraft and passenger handling. Based on application, aircraft handling segment would expected to witness the largest demand in the global market due to the increase in air passenger traffic and their maintenance and ground support activities at the airport. On the basis of end-user, commercial airports are expected to dominate the market during the forecast period due to increase in freight, aircraft, and passenger traffic at the airport. Browse Report @ https://www.marketresearchfuture.com/reports/airport-ground-support-equipment-market-6121 4 www.marketresearchfuture.com Airport Ground Support Equipment Market 2018 Application & Major Players in this Research: Airport Ground Support Equipment Market Prominent Players: Teleflex Lionel-Dupont Group (France), JBT Corporation (U.S.), Tug Technologies Corporation (U.S.), AMSS GSE (U.K), Tronair Inc. (U.S.), Mallaghan Engineering Ltd. (U.K), Mulag Fahrzeugwerk GmbH (Germany), Shenzhen Cimc-Tianda Airport Support Co. Ltd. (China), Gate GSE (Belgium) and Avia Equipment Pte Ltd (Singapore). .Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/6121 . 5 www.marketresearchfuture.com Airport Ground Support Equipment Market 2018 Airport Ground Support Equipment Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East, and Latin America. North America is expected to dominate the market in the future, due to increase in the demand for electric and hybrid ground support equipment at airports. The Asia Pacific region second to the North American region in the global market due to the recent investments in airport infrastructure and the growing demand for GSE to cater the increasing air passenger traffic in developing countries such as India and China. Thus, the global airport GSE market is estimated to witness rapid growth, at a CAGR of approximately 12%, during 2018 to 2023. 6 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 7 www.marketresearchfuture.com THANK YOU MARKET RESEARCH FUTURE [email protected] Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) 8 www.marketresearchfuture.com

Airport Ground Support Equipment Market by Type (Electric, Non-Electric, Hybrid), Equipment (Assembly Tool, Movement Equipment), Application (Aircraft, Cargo, Passenger), End-User (Military Airports, Commercial Airports), & Region – Global Forecast till 2023