According to Goldstein Research, the global aircraft ground support equipment market is expected to expand at a CAGR of 11.25% to reach USD 27.5 billion by 2024 over the forecast period 2016-2024. Regular maintenance and quality ground support services to cater the increasing number of flights along with rising air traffic is majorly triggering the growth of this market.

Global aircraft ground support equipment market segmentation has been carried out on the basis of fuel type, equipment type, and end-user. Based on equipment type, electrically powered equipment segment is gaining traction backed by the growing need for energy efficient and multi-tasking ground support equipment. Further, rising number of cargo planes owing to the expansion of logistics industry further increase the demand for equipment such as refillers, deicers, forklifts, and others.

The global aircraft ground support equipment market is majorly driven by North America with a dominating market share of 36% in 2016. The U.S has a total of 15,071 airports which makes the country top in term of air traffic. Europe has moderate market growth for aircraft ground service equipment. However, the Asia Pacific is anticipated to be the potential market in terms of revenue growth.

Market Segmentation
On the basis of our in-depth analysis, Global Aircraft Ground Support Equipment Market can be segmented as follows:

• Based on Fuel Type

o Powered Equipment
o Non-Powered Equipment

• By Equipment Type

o Aircraft Handling Equipment
o Aircraft Maintenance Equipment
o Other Aircraft Ground Support Equipment (Refillers, Deicers, etc.)

• By End-User

o Defense Aircrafts
o Passenger Aircrafts
o Cargo Aircrafts

• By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Aircraft Ground Support Equipment Market Outlook 2024”contains a detailed overview of the global aircraft ground support equipment market.On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by fuel type, equipment type, and end-user.

Further, for the in-depth analysis, Global Aircraft Ground Support Equipment Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Intel Corporation, IBM Corporation, Cisco Systems, Inc., Qualcomm Incorporated, Google, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global aircraft ground support equipment market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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