Aetina, a leading Edge AI solution provider, continues to deepen its presence in the edge AI market, announcing today the launch of the newest member of the MegaEdge PCIe series – AIP-KQ67. This product features Intel’s 12th/13th generation Core i9/i7/i5 processors, NVIDIA NCS certification, and is equipped with NVIDIA A2 Tensor Core GPU, along with support for high-performance NVIDIA RTX series GPU cards and high-speed I/O connections, meticulously designed for demanding AI inference applications and computer vision tasks.
As computer vision becomes a crucial field in AI development, global smart applications are rapidly growing, making the integration of artificial intelligence and image recognition applications a focal point for the industry. The embedded AI visual applications are increasingly being applied in urban planning, traffic management, security monitoring, and automated manufacturing, among other areas. However, visual edge AI systems typically require processing large amounts of images and computer vision tasks, consuming significant power. AIP-KQ67 supports flexible expansion of PCIe x16 graphics cards, providing more flexible edge application computing power configuration, supporting the latest NVIDIA RTX high-end GPU series, with a maximum power of up to 300W, delivering powerful multitasking capabilities and excellent computer vision and AI inference performance acceleration.
AIP-KQ67 is equipped with a flexible and diverse I/O port design, including three independent display outputs, 1 set of 1G Ethernet, and 3 sets of 2.5G network interfaces. At the same time, AIP-KQ67 integrates a variety of expansion slots, including 1 PCIe x16 (Gen5), 2 PCIe x4, 1 PCIe x2, 1 M.2 M-Key, and 1 M.2 E-Key, allowing for the expansion of various peripheral devices and add-on cards, such as storage, WiFi, and PoE, according to the actual AI application field requirements. AIP-KQ67 adopts an innovative screwless chassis design with a special dustproof mesh cover, which can effectively prevent dust from entering the chassis, extending the system’s service life and reliability. Additionally, the screwless design simplifies maintenance work, allowing users easy access to internal components for repair or upgrades.
The Aetina MegaEdge series supports three different deployment requirements: MXM, PCIe, and M.2, and provides a diverse range of product configuration options. Currently, the MXM series AIP-SQ67, PCIe series AIP-FR68 and AIP-KQ67, and the new M.2 series AIP-CR68 are all officially in mass production and available for sale, providing customers with the most comprehensive high-quality solutions.
SOURCE Aetina Corporation
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Allied Market Research published a report, titled, “Ground Support Equipment Market by Type (Powered ground support equipment (GSE), Non-powered ground support equipment (GSE)), by Application (Aircraft Handling, Passenger Handling, Cargo Handling), by Power Source (Electric, Non-electric, Hybrid): Global Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the ground support equipment market was valued at $8.0 billion in 2022, and is estimated to reach $14.2 billion by 2032, growing at a CAGR of 6.2% from 2023 to 2032.
Prime determinants of growth
Growth of the global ground support equipment market is driven by factors such as increase in air traffic and cargo, modernization and expansion of airports, rise in focus of airports on enhancing operational efficiency, and high service standards. However, high initial investment hamper the market growth. On the contrary, increase in focus towards procurement of greener GSE and surge in demand for customized and specialized ground support equipment are expected to offer remunerative opportunities for the expansion of the ground support equipment market during the forecast period.
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136 – Tables
45 – Charts
210 – Pages

Report coverage & details:

Report Coverage 

Details 

Forecast Period

2023–2032

Base Year

2022

Market Size in 2022

$8.0 billion

Market Size in 2032

$14.2 billion

CAGR

6.2 %

No. of Pages in Report

210

Segments Covered

Type, Application, Power Source, and Region.

Drivers 

Increase in air traffic and cargo

Modernization and expansion of airports

Rise in focus of airports on enhancing operational efficiency, and high service standards

Opportunities

Increase in focus towards procurement of greener GSE Surge in demand for customized and specialized ground support equipment

Restraints

High initial investment

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Impact of Russia-Ukraine War Scenario

The invasion of Ukraine by Russia on February 24, 2022, triggering the Russo-Ukrainian war that began in 2014, is expected to have potential negative implication for the ground support equipment market. The Russia–Ukraine war is expected to disrupt the global supply chain for components and equipment crucial in ground support equipment (GSE) manufacturing. Russia and Ukraine, pivotal manufacturing centers for various industries such as aerospace and automotive sectors, provide essential components for GSE production. Disruptions in manufacturing facilities, transportation networks, and logistics routes in these countries may result in delays in GSE equipment production and delivery.
In addition, instability in the region may cause fluctuations in raw material and commodity prices used in GSE manufacturing. Heightened geopolitical tensions can induce market uncertainties, leading to increased material costs and impacting the production expenses of GSE manufacturers. Thus, resulting in elevated prices for GSE equipment, affecting both profitability and affordability for buyers.

The powered ground support equipment segment to maintain its leadership status during the forecast period.
By type, the powered ground support equipment segment held the highest market share in 2022, accounting for more than three-fifth of the global ground support equipment market revenue, and is estimated to maintain its leadership status during the forecast period, as there is demand for powered GSE to handle the higher workload efficiently with the increase in volume of air traffic and cargo. Moreover, the powered ground support equipment segment is projected to attain the highest CAGR of 6.5% from 2023 to 2032, owing to development of more efficient and environmentally friendly powered GSE with the advancement in technology.
The aircraft handling segment to maintain its leadership status throughout the forecast period.
By application, the aircraft handling segment held the highest market share in 2022, accounting for more than two-fifth of the global ground support equipment market revenue and is estimated to maintain its leadership status during the forecast period as efficient aircraft handling services demand increases at airports to manage the higher volume of arrivals, departure due to rise in air travel. However, the cargo handling segment is projected to attain the highest CAGR of 7.4% from 2023 to 2032, owing to the exponential growth of e-commerce.
The non-electric segment to maintain its lead position during the forecast period
By power source, the non-electric segment accounted for the largest share in 2022, accounting for nearly three-fourth of the global ground support equipment market revenue and is estimated to maintain its lead status during the forecast period as the non electric ground support equipment provides benefits such as lower upfront costs, high longer operating ranges. However, the electric segment is projected to attain the highest CAGR of 8.9% from 2023 to 2032, owing to increase in focus to decrease carbon footprint and comply with environmental regulations.
North America to maintain its dominance by 2032
Region-wise, North America held the highest market share in terms of revenue in 2022, accounting more than two-fifth of the ground support equipment market revenue and is likely to dominate the market during the forecast period, owing to consistent demand for GSE in North America to support airport operations, including aircraft handling, cargo handling, and passenger services. However, the Asia-Pacific region is expected to witness the fastest CAGR of 7.9% from 2023 to 2032, owing to expansion of air travel, cargo transportation, and infrastructure development.
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Leading Market Players:

AERO SPECIALTIES, INC.
Cavotec SA
Textron GSE
Flightline Support Ltd.
GATE GSE
Imai Aero-Equipment Mfg. Co., Ltd.
JBT Corporation
Mallaghan
TLD
Guangtai

The report provides a detailed analysis of these key players of the global ground support equipment market. These players have adopted various strategies such as partnerships, acquisition, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.
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The post Ground Support Equipment Market to Reach $14.2 billion, Globally, by 2032 at 6.2% CAGR: Allied Market Research appeared first on HIPTHER Alerts.

 
Allied Market Research published a report, titled, “EV Charging Software Market by Charging Site (Public and Private), Charger Type (Level 1, Level 2, and Level 3), and Vehicle Type (E-2Wheeler, E-3Wheeler, E-car (personal), and E-car (commercial)): Global Opportunity Analysis and Industry Forecast, 2024-2032″. According to the report, the “EV charging software market” was valued at $1.1 billion in 2023, and is estimated to reach $11.1 billion by 2032, growing at a CAGR of 28.9% from 2024 to 2032.
Prime Determinants of Growth
Rise in sales of electric vehicles and increase in government initiatives toward a pollution-free environment are factors expected to propel the growth of the global EV charging software market. However, risk of cyber-attacks is anticipated to hamper the growth of the global market. On the contrary, increase in demand for 5G and IoT in charging stations is expected to create lucrative opportunities for the growth of the global market.
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Report Coverage & Details:

Report Coverage

Details

Forecast Period

2023–2032

Base Year

2023

Market Size in 2023

$1.1 Billion

Market Size in 2032

$11.1 Billion

CAGR

28.9 %

Segments covered

Charging Site, Charger Site, Vehicle Type, and Region.

Drivers

Growing sales of electric vehicles
Government initiatives toward a pollution-free environment

Opportunities

Future potential of 5G and IoT

Restraints

Risk of cyber attacks

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The public segment to maintain its lead position during the forecast period.
By charging site, the public segment accounted for the largest share in 2023, contributing for more than half of the EV charging software market revenue, as it can help to make EVs more accessible and convenient for residents and businesses. However, the private segment is expected to attain the largest CAGR of 29.5% during the forecast period as it offers augmented controlling, minimal crowd, flexibility, and optimizable solutions.
The level 2 segment to maintain its lead position during the forecast period.
By charger type, the level 2 segment accounted for the largest share in 2023, contributing for more than two-fifths of the EV charging software market revenue, as these chargers can provide up to 30 miles of range per hour of charging and with the help of level 2 chargers user can charge their vehicle at home or workplace, making it more convenient. However, the level 3 segment is expected to attain the largest CAGR of 30.3% during the forecast period. As it offers rapid charging, it can go a long way by helping drivers get past the fear of getting stranded on the road. Thus, driving the growth of the segment in the global EV charging software market.
The vehicle type segment to maintain its lead position during the forecast period.
By vehicle type, the e-2wheeler segment accounted for the largest share in 2023, contributing for more than one-third of the EV charging software market revenue, as electric vehicles, such as electric scooters and bikes, save money as they do not require fuel and need as much maintenance as compared to traditional vehicles. However, the personal e-car segment is expected to attain the largest CAGR of 32.7% during the forecast period. Electric cars produce fewer greenhouse gas emissions and air pollutants as compared to traditional vehicles, contributing to a cleaner environment.
Asia-Pacific region to maintain its dominance by 2032.
By region, the Asia-Pacific segment held the highest market share in terms of revenue in 2023, accounting for nearly one-fourth of the EV charging software market revenue. Increase in the usage of EV charging software in businesses to improve businesses and the customer experience is anticipated to propel the growth of the market in this region.
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Leading Market Players: –

ChargePoint, Inc.
EVBox
EVConnect
Shell Recharge Solution
ChargeLab, Inc.
Siemens AG
Tesla
Centrica
Driivz Ltd.
Eaton Corporation

The report provides a detailed analysis of these key players in the EV charging software market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different countries. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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