Aircraft Ground Support Equipment Market Highlights

The Aircraft Ground Support Equipment Market is anticipated to reach a valuation of USD 9.6 billion, expanding at a CAGR of 6.4% from 2020 to 2030.

Airport Ground Support Equipment (GSE) Market  is critical to the functioning of terminal areas at airports. This equipment supports aircraft maintenance and service during flights' stopovers. Key applications of GSE include aircraft handling, passenger handling, and cargo handling. The market's growth is driven by increasing air passenger numbers, rising freight traffic, expanded warehouse operations at airports, and numerous airport expansions. However, challenges such as high maintenance costs and the significant expense involved in replacing ground support equipment may hinder market growth. Despite these challenges, the airport ground support equipment market is expected to experience a robust CAGR of 12% during the forecast period.

Regional Analysis:

The market is segmented by region into North America, Asia Pacific, Europe, and Latin America.

  • North America: The demand for electric and hybrid ground support equipment is rising, bolstering the region's market presence. This increase is driven by the need for sustainable and efficient airport operations.
  • Asia Pacific: High investments in airport infrastructure and growing air passenger traffic in developing countries like India and China are expected to boost the market. Significant contracts in the region further drive growth. For instance, Teleflex Lionel-Dupont Group signed a contract with KLM in 2017 to supply a fully electric fleet loader. Additionally, JBT Corporation's acquisition of Aircraft Maintenance Support Services Ltd (AMSS) in 2017 expanded its presence in the equipment maintenance market.

Scope of the Report:

This study provides an overview of the Airport Ground Support Equipment Market, tracking four market segments across five geographic regions. The report covers key players, offering a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and Latin America. The report also forecasts market opportunities for the next five years in each region. The study segments the airport ground support equipment market by type, equipment, application, end-user, and region.

Market Segmentation:

  • By Type:
    • Electric
    • Non-electric
    • Hybrid
  • By Equipment:
    • Assembly Tool
    • Movement Equipment
  • By Application:
    • Aircraft Handling
    • Cargo Handling
    • Passenger Handling
  • By End-user:
    • Defense
    • Commercial
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • Latin America

Key Players:

Prominent players in the airport ground support equipment market include:

  • Teleflex Lionel-Dupont Group (France)
  • JBT Corporation (U.S.)
  • Tug Technologies Corporation (U.S.)
  • AMSS GSE (U.K)
  • Tronair Inc. (U.S.)
  • Mallaghan Engineering Ltd. (U.K)
  • Mulag Fahrzeugwerk GmbH (Germany)
  • Shenzhen Cimc-Tianda Airport Support Co. Ltd. (China)
  • Gate GSE (Belgium)
  • Avia Equipment Pte Ltd (Singapore)

Request Free Sample Report - Receive a free sample report to preview the valuable insights and data we offer.

About Market Research Future:

Market Research Future (MRFR) is a global market research company known for providing comprehensive and precise analyses of diverse markets and consumers worldwide. MRFR is committed to offering top-quality and detailed research to clients. Our market research studies cover products, services, technologies, applications, end-users, and market players at global, regional, and country levels, enabling our clients to gain deeper insights and make informed decisions.

Contact Us:

Market Research Future (part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5th Floor, New York 10013, United States of America

Sales: +1 628 258 0071 (US) | +44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com