LONDON–(BUSINESS WIRE)–Technavio has been monitoring the aircraft ground support equipment market and it is poised to grow by USD 1.67 bn during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ITW GSE ApS, John Bean Technologies Corp., Mallaghan, Textron Ground Support Equipment Inc. and Tronair Inc. are some of the major market participants. Although the rise in construction of airports will offer immense growth opportunities, increasing preference for refurbished ground support equipment will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Rise in construction of airports has been instrumental in driving the growth of the market. However, increasing preference for refurbished ground support equipment might hamper market growth.
Aircraft Ground Support Equipment Market 2020-2024: Segmentation
Aircraft Ground Support Equipment Market is segmented as below:
Application
- Passenger Aircraft
- Cargo Aircraft
- Military Aircraft
Geographic Segmentation
- APAC
- Europe
- MEA
- North America
- South America
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Aircraft Ground Support Equipment Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our aircraft ground support equipment market report covers the following areas:
- Aircraft Ground Support Equipment Market Size
- Aircraft Ground Support Equipment Market Trends
- Aircraft Ground Support Equipment Market Industry Analysis
This study identifies rising preference for smart airports as one of the prime reasons driving the aircraft ground support equipment market growth during the next few years.
Aircraft Ground Support Equipment Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the aircraft ground support equipment market, including some of the vendors such as ITW GSE ApS, John Bean Technologies Corp., Mallaghan, Textron Ground Support Equipment Inc. and Tronair Inc. Backed with competitive intelligence and benchmarking, our research reports on the aircraft ground support equipment market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Aircraft Ground Support Equipment Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist aircraft ground support equipment market growth during the next five years
- Estimation of the aircraft ground support equipment market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the aircraft ground support equipment market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of aircraft ground support equipment market vendors
Table of Content
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application placement
- Passenger aircraft – Market size and forecast 2019-2024
- Cargo aircraft – Market size and forecast 2019-2024
- Military aircraft – Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Alvest Group Co.
- DOLL Fahrzeugbau GmbH
- FAYAT SAS
- Guangtai
- HYDRO Systems KG
- ITW GSE ApS
- John Bean Technologies Corp.
- Mallaghan
- Textron Ground Support Equipment Inc.
- Tronair Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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