Expansion And Developments Of The Airport Have Bolstered The Global Ground Power Unit Market

(MENAFN- Straits Research) The Global Ground Power Unit Market is witnessing a surge due to the rapid rise in the expansion and development of the airports. Additionally, the proliferation of global air passengers and cargo transportation has surged the utilization of different types of ground power units. Besides, the increasing warehouse operations at the airport have propelled the growth of the market. However, the inadequate charging infrastructure for electric ground power units has restrained the growth of the market.

The global Ground Power Unit market is expected to grow from USD 625.2 million in the year 2019 to USD 952.6 million in 2027 at a compound annual growth rate (CAGR) of 3.4% in the forecast period.
The repercussions of COVID-19 such as lockdown and social distancing have led to a downfall in the utilization of domestic and international travel eventually restraining the growth of the ground power unit market.
North America dominates the market whereas the European region has shown the fastest growth in the market.
The mobile segment caters to the highest markets share among the different type of the Market
The civil airport's segment caters to the highest markets share among the different application in the Market


Got questions about your regional growth of
Ground Power Unit Market?
Just drop us a line or call on +1 646 480 7505

Key Players:

MAK Controls & Systems Pvt. Limited
AERO Specialties Inc.
BertoliSrl
Dynell GmbH
ITW GSE
JBT
Powervamp Ltd.
Start PAC
Textron
TLD
Tronair
Velocity Airport Solutions
WeihaiGuangtai Airport Equipment Co.

By Type

Fixed
Mobile

By Application

Civil Airport
Military Airport
Business Airport

By Power Source

Diesel
Electric


" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast Periods

MENAFN21032024004597010339ID1108005036