The space launch services market is associated with activities carried out by the space launch service providers. It comprises a series of events such as ordering, conversion, construction, stacking and assembly, integration of payload, and launch. The space launch services market came into existence after the launch of Sputnik-1, which is often said to be the start of space age. Thus, soon after this various national programs began to provide these services. Later on, commercial operators and enterprises became the significant clients for government service providers.Also, due to increased use of launching systems for commercial purposes, the opportunity for private launch system manufacturers emerged. The entry of private launch service providers resulted into decrease in the launch per cost and new technologies, marking a new phase for the space launch services market.

放眼长期，行业增长空间广阔。2020 年上半年，新冠疫情在全球范围 内蔓延，给民航产业造成巨大冲击，但我国航空出行渗透率仍有待提升， 疫情过后我国 RPK 有望继续以高于行业平均的速度增长，所以我们认为民 航业存在很大的增长空间。

The global ground support equipment market involves the study of various GSE applications such as aircraft handling, passenger handling, and cargo handling. For instance, GSE such as deicers, ground power units, fuel trucks, pre-conditioned air (PCA) units, and hydrant trucks are especially deployed for aircraft handling. Equipment such as belt loaders/conveyors, cabin service vehicles, boarding stairs, lavatory service vehicles, and passenger buses serve the purpose of passenger handling. In addition, cargo/container loaders, pushback tractors, and forklifts are used for cargo handling application. Powered equipment consist of refuelers, ground power equipment, tugs & tractors, portable water truck, generators, baggage conveyor/belt loader, passenger buses, catering truck, passenger boarding stairs, air compressors, portable floodlights, air conditioners, container loaders, lavatory service vehicles, and de-icing vehicles. Equipment studied under non-powered GSE include chocks baggage carts, trestles, intake exhaust cover, oil cart, air cart, dollies, sling cables, ladders, and aircraft jacks.