DUBLIN–(BUSINESS WIRE)–The “Global Ground Support Equipment Market (2022-2027) by Type, Power Source, Mode of Operation, Point of Sale, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.

The Global Ground Support Equipment Market is estimated to be USD 5.4 Bn in 2022 and is expected to reach USD 13.47 Bn by 2027, growing at a CAGR of 20.06%.

Market dynamics are forces that impact the prices and behaviors of the Global Ground Support Equipment Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of – Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of – Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA.
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Ground Support Equipment Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.

Market Dynamics

Drivers

  • Increase in the Investment in the Airport and Space Station Infrastructure
  • Demand to Speed Up Cargo and Passenger Handling
  • Apdoption of Electric Ground Support Equipment (GSE)
  • Increasing Demand in Cabin Services and Aircraft Maintenance & Security

Restraints

  • High Capital Expenditure and High Maintenance Cost
  • Various Government Laws and Regulations in Government Contracts

Opportunities

  • Research and Development to Improve GSE Technology
  • Adoption of Automation and iOps Platforms in GSE
  • Launch of the Quick Recharge and Durable Batteries

Challenges

  • Lack of Skilled Personnel

Companies Mentioned

  • Aero Specialities, Inc
  • Aeroservices Ltd.
  • Alvest Group company
  • AGP Corporation
  • Aviation Spares and Repairs Ltd
  • Cavotec SA
  • Global Ground Support, LLC
  • GSE Support India Pvt Ltd
  • Guangtai
  • Imai Aero-Equipment Mfg.Co.,Ltd.
  • ITW GSE
  • Jalux Inc
  • JBT Corporation
  • Kalmar Motor AB
  • Mak Controls and Systems Pvt Ltd
  • Mallaghan
  • McIvor Aviation
  • Sinfonia Technology Co.Ltd.
  • Sojitz Aerospace Corporation
  • Suzuyo Sky Holdings Co.,Ltd.
  • TCR International
  • Textron Ground Support Equipment, Inc
  • Tronair Inc
  • Victory Ground Support Equipment

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