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Upsurge in Air Travel to accelerate the Ground Support Equipment (GSE) Tires Market

Air traffic has been increasing on a continuous basis due to majority of the higher middle-class population opting for air travel. This has, in turn, resulted in airports going for expansion of their operations like adding new terminals, equipment related to passenger service and likewise. At the same time, the fact that electric ground support equipment are costlier than their diesel counterparts could restrain the market. Persistence market Research has walked through these facts in its latest market study entitled “Ground Support Equipment (GSE) Tires Air Market.

Segregation of Ground Support Equipment (GSE) Tires Air market

The global ground support equipment (GSE) tires air market, by type, span solid rubber ground support equipment tires, foam filled ground support equipment tires, and air filled ground support equipment tires. BY type of equipment, it’s passenger service (boarding steps & stairs and airport buses & transport) and cargo loading (container loader, catering vehicle, belt loaders, cargo transporters and cargo dollies), and aircraft service (tugs & tractors, refueling, lavatory service, de-icing, rescue & firefighting, aerial & maintenance platform lift), and likewise. By sales channel, it’s OEM (Original Equipment Manufacturers) and aftermarket. Persistence Market Research has delved deep into the ground support equipment (GSE) tires air market in its latest market study entitled “Ground Support Equipment (GSE) Tires Air market.

Region-based Snapshot

North America holds the largest market share due to heavy investments in various brownfield airport projects with the objective of modernizing and enhancing airport infrastructures all across the US. With various states of the US running on zero-emission policy, the key players in ground support equipment (GSE) are into provision of environmentally-friendly ground handlers and equipment. Europe stands second along the similar lines. However, the Asia-Pacific is expected to grow at the fastest rate in the ground support equipment (GSE) tires air market due to upgradation in aircraft infrastructures. Persistence Market Research has mentioned about these facts with future perspectives in its latest market study entitled “Ground Support Equipment (GSE) Tires Air Market.

Competitive Encompassing

Persistence Market Research has profiled the key players in ground support equipment (GSE) Tires market as MICHELIN, Continental AG, Sterling Solid Tyres (p) Ltd., MAXAM Tire International Ltd., APEXWAY PRODUCTS CORP., Super Grip Corporation, Ground Support Products, Royal Tyres Private Ltd., Industrial Rubber Company SUN TYRE & WHEEL SYSTEMS (SUN-TWS).

Persistence Market Research has also mentioned about the latest developments in this regard. For instance – EnerSys, in October 2020, did launch NexSys PURE PACK battery along with on-board charger system that comprises new-fangled NexSys PURE Thin Plate Pure Lead (TPPL) batteries. There is a Wi-iQ battery monitoring service and Delta-Q on-board charger integrated with it. Also, Cavotec, in April 2019, did ink a contract worth US$ 9.6 Mn with Bahrain International Airport for providing nextgen aircraft ground cooling systems. This contract is inclusive of designing, installing engineering, commissioning and testing of Cavotec Sub-freezing dual blower DX arctic PCA units along with delivering in-ground pit systems, thereby reducing the frequency of vehicles needed for servicing an aircraft.

Persistence Market Research has also mentioned about developments pertaining to previous years. For example – JBT Corporation, in August 2018, brought out a fifth traditional pushback tractor that can handle majority of wide-body aircraft inclusive of A310, A300, B767, A330, and B950 range. The last one also has capacity to handle new A350 and B787 and large A340 and B777 in every configuration. Weihai Guangtai Airport Equipment Co., Ltd., in June 2018, entered into an agreement with China Aviation Research Institute. It was related to strategic co-operation framework.

What next?

He global Ground Support Equipment (GSE) Tires Air market is slated to grow on an irresistible note in the forecast period – Persistence Market Research


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