Product Code: GVR-4-68040-441-5
Ground Support Equipment Market Trends:
The global ground support equipment market size was estimated at USD 5.78 billion in 2023 and is expected to grow at a CAGR of 7.0% from 2024 to 2030. The rise in air travel worldwide has led to increased demand for ground handling services, including baggage handling, catering, and aircraft cleaning. New airport construction and expansion projects are creating demand for new ground support equipment (GSE) equipment. As airports expand, modernize, and increase their capacity, there is a corresponding need for additional and upgraded GSE to support the increased operations, creating significant growth opportunities for the market.
The market growth is being further proliferated by technological developments, including the integration of automation and robotics into GSE to improve efficiency. Moreover, the introduction of electric and hybrid GSE vehicles driven by environmental concerns and operational cost savings is also favoring the market expansion. For instance, in May 2024, Swissport introduced a new set of electric vehicles at Geneva and Basel airports. These new vehicles, electric vans, and a mix of electric ground power units are aimed at helping Swissport in its target to achieve net-zero carbon emissions by 2050.
Furthermore, advancements in technology and the focus on improving efficiency and safety have driven the development of innovative ground support solutions. Investments in security systems and screening equipment require specialized GSE for handling and transporting baggage and cargo. Besides, the growing emphasis on sustainability and environmental responsibility has also influenced the market, with a focus on developing eco-friendly GSE equipment. These factors collectively contribute to the robust growth of the market.
The market is witnessing high demand in the defense sector. The efficient movement and maintenance of military aircraft requires a wide range of GSE, including cargo handling equipment, refueling systems, and maintenance platforms. Moreover, GSE plays a crucial role in security operations, such as baggage screening, cargo inspection, and counterterrorism measures. In addition, these solutions are essential for deploying military aircraft to remote locations and for providing support during operations, which is positively influencing the market outlook.
Global Ground Support Equipment Market Report Segmentation
This report forecasts and estimates revenue growth at the global, regional, and country levels along with analyzes the latest market trends and opportunities in each one of the sub-segments from 2018 to 2030. For this study, Grand View Research has further segmented the global ground support equipment market report based on type, application, ownership, end use, and region:
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Non-Electric
- Electric
- Hybrid
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Aircraft Handling
- Passenger Handling
- Cargo Handling
- Ownership Outlook (Revenue, USD Million, 2018 - 2030)
- Airport Owned
- Airline Owned
- Service Provider
- Leased
- End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Commercial
- Defense
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Japan
- China
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. 4 Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Ground Support Equipment Market Snapshot
- 2.2. Ground Support Equipment Market- Segment Snapshot (1/2)
- 2.3. Ground Support Equipment Market- Segment Snapshot (2/2)
- 2.4. Ground Support Equipment Market- Competitive Landscape Snapshot
Chapter 3. Ground Support Equipment Market - Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's analysis
- 3.4.2. Macroeconomic analysis
Chapter 4. Ground Support Equipment Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. Ground Support Equipment Market Estimates & Forecast, By Type (USD Million)
- 4.2.1. Non-Electric
- 4.2.2. Electric
- 4.2.3. Hybrid
Chapter 5. Ground Support Equipment Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Ground Support Equipment Market Estimates & Forecast, By Application (USD Million)
- 5.2.1. Aircraft Handling
- 5.2.2. Passenger Handling
- 5.2.3. Cargo Handling
Chapter 6. Ground Support Equipment Market: Ownership Estimates & Trend Analysis
- 6.1. Ownership Movement Analysis & Market Share, 2023 & 2030
- 6.2. Ground Support Equipment Market Estimates & Forecast, By Ownership (USD Million)
- 6.2.1. Airport Owned
- 6.2.2. Airline Owned
- 6.2.3. Service Provider
- 6.2.4. Lease
Chapter 7. Ground Support Equipment Market: End Use Estimates & Trend Analysis
- 7.1. End Use Movement Analysis & Market Share, 2023 & 2030
- 7.2. Ground Support Equipment Market Estimates & Forecast, By End Use (USD Million)
- 7.2.1. Commercial
- 7.2.2. Defense
Chapter 8. Regional Estimates & Trend Analysis
- 8.1. Ground Support Equipment Market by Region, 2023 & 2030
- 8.2. North America
- 8.2.1. North America Ground Support Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.3. Canada
- 8.2.4. Mexico
- 8.3. Europe
- 8.3.1. Europe Ground Support Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. Germany
- 8.3.3. UK
- 8.3.4. France
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Ground Support Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. Japan
- 8.4.3. China
- 8.4.4. India
- 8.4.5. South Korea
- 8.4.6. Australia
- 8.5. Latin America
- 8.5.1. Latin America Ground Support Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.6. Middle East & Africa (MEA)
- 8.6.1. MEA Ground Support Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. UAE
- 8.6.3. Saudi Arabia
- 8.6.4. South Africa
Chapter 9. Ground Support Equipment Market - Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company Categorization
- 9.3. Participant's Overview
- 9.4. Financial Performance
- 9.5. Product Benchmarking
- 9.6. Company Market Positioning Analysis
- 9.7. Company Heat Map Analysis
- 9.8. Strategy Mapping
- 9.8.1. Expansion
- 9.8.2. Merger & Acquisition
- 9.8.3. Collaborations/Partnerships
- 9.8.4. New Product Launches
- 9.9. Company Profiles
- 9.9.1. Oshkosh Aerotech LLC
- 9.9.1.1. Participant's Overview
- 9.9.1.2. Financial Performance
- 9.9.1.3. Product Benchmarking
- 9.9.1.4. Recent Developments
- 9.9.2. Textron Inc.
- 9.9.2.1. Participant's Overview
- 9.9.2.2. Financial Performance
- 9.9.2.3. Product Benchmarking
- 9.9.2.4. Recent Developments
- 9.9.3. TCR Group
- 9.9.3.1. Participant's Overview
- 9.9.3.2. Financial Performance
- 9.9.3.3. Product Benchmarking
- 9.9.3.4. Recent Developments
- 9.9.4. Tronair
- 9.9.4.1. Participant's Overview
- 9.9.4.2. Financial Performance
- 9.9.4.3. Product Benchmarking
- 9.9.4.4. Recent Developments
- 9.9.5. Weihai Guangtai Airport Equipment Co., Ltd.
- 9.9.5.1. Participant's Overview
- 9.9.5.2. Financial Performance
- 9.9.5.3. Product Benchmarking
- 9.9.5.4. Recent Developments
- 9.9.6. China International Marine Containers (Group) Co., Ltd.
- 9.9.6.1. Participant's Overview
- 9.9.6.2. Financial Performance
- 9.9.6.3. Product Benchmarking
- 9.9.6.4. Recent Developments
- 9.9.7. TLD Group
- 9.9.7.1. Participant's Overview
- 9.9.7.2. Financial Performance
- 9.9.7.3. Product Benchmarking
- 9.9.7.4. Recent Developments
- 9.9.8. Cavotec Group
- 9.9.8.1. Participant's Overview
- 9.9.8.2. Financial Performance
- 9.9.8.3. Product Benchmarking
- 9.9.8.4. Recent Developments
- 9.9.9. Toyota Material Handling, Inc.
- 9.9.9.1. Participant's Overview
- 9.9.9.2. Financial Performance
- 9.9.9.3. Product Benchmarking
- 9.9.9.4. Recent Developments
- 9.9.10. TREPEL Airport Equipment GmbH
- 9.9.10.1. Participant's Overview
- 9.9.10.2. Financial Performance
- 9.9.10.3. Product Benchmarking
- 9.9.10.4. Recent Developments
- 9.9.11. Global Ground Support LLC
- 9.9.11.1. Participant's Overview
- 9.9.11.2. Financial Performance
- 9.9.11.3. Product Benchmarking
- 9.9.11.4. Recent Developments
- 9.9.12. Mallaghan
- 9.9.12.1. Participant's Overview
- 9.9.12.2. Financial Performance
- 9.9.12.3. Product Benchmarking
- 9.9.12.4. Recent Developments
- 9.9.13. Jalux Inc.
- 9.9.13.1. Participant's Overview
- 9.9.13.2. Financial Performance
- 9.9.13.3. Product Benchmarking
- 9.9.13.4. Recent Developments
- 9.9.14. Rheinmetall AG
- 9.9.14.1. Participant's Overview
- 9.9.14.2. Financial Performance
- 9.9.14.3. Product Benchmarking
- 9.9.14.4. Recent Developments