Aircraft ground support equipment (GSE) refers to the equipment and components that are used to provide servicing and operations for aircraft in-between flights while they are grounded. GSE components and equipment may be used for aircraft mobility, loading operations, ground power operations, and other operations as needed. As commercial aircraft and airliners adhere to strict flight schedules, the efficiency and speed of aircraft ground support services is always a facet that providers strive to improve in order to minimize turnaround times. Over the forecast period of 2019 to 2025, the market for aircraft ground support equipment is expected to increase by $2.2 billion, equaling a compound annual growth rate (CAGR) of 4.45%. Altogether, this forecast puts the total market value at $9.7 billion by 2025. From technological advancements of GSE equipment to steadily increasing passenger air traffic, many factors contribute to this upwards growth. In this blog, we will discuss how ground support equipment aids in aircraft servicing, as well as the factors contributing to the market growth for the 2019-2025 forecast period.
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