The United State Government’s, “California Environmental Protection Agency has issued new air regulations, via the California Air Resources Board (CARB), for ground support equipment (GSE) at airports. The new rule has placed an unexpected burden on the ground handling community in California, and the rule’s promulgation is equally concerning to NATA members in other states who may face similar regulations in the future.”
The article cited AMA's Global Ground Support Equipment Market Study explored substantial growth with CAGR of 11.42%. According the report, Increasing Adoption of Smart Airport Construction in Developing Countries
is one of the primary growth factors for the market. Growing Air Traffic across the Globe
is also expected to contribute significantly to the Ground Support Equipment market. Overall, Passenger Service
applications of Ground Support Equipment, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Ground Support Equipment market identified that the demand is rising in many different parts of the world as "Increasing Government Reimbursements in Infrastructure Development
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Ground Support Equipment market by Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Ground Support Equipment market and other related sub-markets covered in the study.
o Key & emerging players in the Ground Support Equipment market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Ground Support Equipment market size is calculated using market estimation process, the Ground Support Equipment market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Ground Support Equipment market size has been validated using both top-down and bottom-up approaches.