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US Ground Support Equipment Market 2020-2027 In-depth Analysis On Top Key Players: Mallaghan, AGSE LLC, ITW GSE ApS., JBT Corporation, Towflexx GmbH, Tronair Inc. – KSU

Global Airport Ground Handling Systems Market: Growth, Trends, and Forecast (2020-2025) – ResearchAndMarkets.com


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The airport ground handling systems market is anticipated to register a CAGR of above 8.5% during the forecast period.
Key Highlights
The growth in air passenger traffic led to the expansion of the fleet size by the airlines to cater to the rising demand for air travel. It resulted in increased frequency of flights or aircraft movements, which is likely to increase the demand for airport ground handling systems to support ground operations.
The privatization of airports will also propel the growth of the airport ground handling systems market during the forecast period.
The incorporation of advanced technology for airport handling with systems, like electric aircraft tugs, fueling automation systems, and augmented reality (AR) glasses for ramp handling operations, is expected to generate demand for airport ground handling systems in the future. ....

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Technavio Research: New Aircraft Ground Support Equipment Market to Accelerate at a CAGR of Over 4% During 2020-2024


Technavio Research: New Aircraft Ground Support Equipment Market to Accelerate at a CAGR of Over 4% During 2020-2024 | Technavio
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201223005621/en/
Technavio has announced its latest market research report titled Global Aircraft Ground Support Equipment Market 2020-2024 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the aircraft ground support equipment market.
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One of the primary growth drivers for this market is the rise in construction of airports, says a senior analyst for the industrials industry at Technavio. As the markets recover, Technavio expects the aircraft ground support equipment market size to grow by USD 1.67 billion during the period 2020-2024. ....

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Global Ground Support Equipment Market (2020 to 2025) - Automation of Services and Modernization of GSE Presents Opportunities


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The ground support equipment market is projected to grow from USD 4.0 billion in 2020 to USD 10.2 billion by 2025, at a CAGR of 20.7% from 2020 to 2025.
The COVID-19 has taken a colossal toll on the world s economic activity with individuals, organizations, governments, and businesses having to adapt to the challenges of the crisis. Air travel restrictions across various regions for both domestic and international flights have led to inactive fleets across the globe. Like many other sectors, the ground support equipment market is also heavily impacted by the COVID-19 pandemic.
According to the Airport International Council (ACI) analysis, the impact of COVID-19 on the airport business will result in a 58.4% reduction in passenger volumes in 2020 compared to 2019. The airport industry is anticipating a 60% reduction in revenue as compared to the pre-COVID-19 projected baseline. The substan ....

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