The Increase in Airport Investment and Commercial Aircraft Orders will Ensure Future Growth Potential
This analytics tracks the current state of the airport ground support equipment (GSE) manufacturing market to understand how airports are strategizing to optimize their overall operations and reduce emissions. The study explores some strategies and best practices from leading global airports and analyzes the market for GSE in 6 regions and 5 airport tiers, based on annual passenger traffic.
The increase in air travel has led to higher investments in commercial airlines, airports, and infrastructure; and intense competition. New airports with development plans (greenfield and brownfield projects) are the top drivers because they will require a complete set of GSEs to ensure seamless operations. GSE purchases will also scale with operations (aircraft fleet and passengers) scale. Potential growth in passenger traffic across regions, the increase in future aircraft deliveries, and the development of new carriers and airports are some factors that will drive this market.
Airports and airlines are collaborating with manufacturers and are piloting and implementing new GSEs with advanced features and high-quality output.
KEY ISSUES ADDRESSED
Some of the key queries this report tries to explore are:
- What are the market drivers and restraints of investment in GSE?
- What are the major growth opportunities areas for global airports segmented by relevant regions and airport tiers?
- How has COVID-19 impacted the overall airport industry and its direct implication on the airport GSE market?
- What are the holistic technologies and market trends that are prevalent in the industry?
