Ground Handling Services Market Size will reach reach USD 8999.59 million by 2032 & Analysis By 2022 -2029 -Mallaghan, Cavotec, JBT Corporation, Cargotec, SAAB Group, Beumer Group, Weihai Guangtai Airports Equipment, Aviapartner, TAV Airports Holding Co.,

The Airport Ground Handling Systems Market is valued at USD 2834.03 million in 2021 and is poised to reach USD 8999.59 million by 2032, growing at a CAGR of 18.34% during the forecast period (2022 - 2032).

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The aviation sector has been affected greatly due to the slump in demand among travelers and the travel restrictions imposed by many countries due to the COVID-19 pandemic. As the aircraft movements decreased, the demand for airport ground handling services was significantly affected, affecting the airport ground handling systems market in 2020. However, the notable increase in passenger traffic and aircraft movements in 2021 supported the revival of the ground handling systems market.

North America Region is Expected to Witness Highest Growth During the Forecast Period
The North America region is expected to witness the highest growth during the forecast period. This is due to the rapid recovery of the aviation industry from the COVID-19 pandemic impact along with investments of the civil aviation authority and airport operators in the region in the expansion of airports as well as the development of ground handling equipment modernization. The Federal Aviation Administration (FAA) provided various funds to the airports in the United States to introduce electric ground support vehicles in the coming years. John Wayne/Orange County, Indianapolis International Airport, Charlotte/Douglas International Airport, and Springfield-Beckley Municipal Airport were awarded funding of USD 5.86 million for the introduction of electric buses and related charging infrastructure. Also, in addition to the ground handling systems, the airports are investing in the development of infrastructure to ease the induction of electric ground vehicles. As a part of the new terminal building project at Kansas City International Airport, the Kansas City Aviation Department announced its plan to invest in the first wireless vehicle charging system installed at the US airport. The technology is expected to extend the range of its electric buses without installing a charging station or taking buses out of service for charging. Momentum Dynamics will supply the charging solution and is expected to be installed by 2023. Such initiatives and growing demand for enhancing ground handling operations will drive the market growth in the region during the forecast period.

Key Players in the Ground Handling Services market:

Mallaghan, Cavotec, JBT Corporation, Cargotec, SAAB Group, Beumer Group, Weihai Guangtai Airports Equipment, Aviapartner, TAV Airports Holding Co., Skyplan Services Limited, Aerospace Jet, AFS Ground Support, Vision Aviation Global, Belau Transfer and Terminal, AN Aviation services CO., AvJet International (FZE), Proground GmbH, Myanmar National Airlines, Aero Specialties, Bharat Earth Movers, Oceania Aviation, Bliss-Fox Ground Support Equipment, Gate

Recent Developments
In April 2022, Airpro announced an investment of EUR 4 million to procure four Elephant e-BETA de-icers from Vestergaard Company. The equipment is expected to be delivered by winter 2022 and will be operated at Helsinki Airport. The company is expected to become the first ground handling company in Finland to deploy electric de-icing services following the delivery.
In March 2022, Lufthansa LEOS, the ground handling subsidiary of the Lufthansa Group, announced that the company became the launch customer of the all-electric towbarless aircraft tractor Phoenix E manufactured by Goldhofer. The new vehicle is battery-powered and can carry a weight of up to 352 metric ton

Ground Handling Services Market Types:

Cabin service, Catering, Ramp service, Passenger service, Field operation service, Others.

Ground Handling Services Market Applications:

Civil, Military

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This report includes data on Ground Handling Services market and analysis of sales data, consumption, production and the developments affecting state of the Ground Handling Services market. The report looks at the policy and regulations, competitive product positioning, technological innovation, cost performance, demand determination, and more. This report links you to the market to enhance opportunities. The report looks at the historical data, market segments, producing countries, domestic and global demand for certain products and services. The report examines the value chain, trade scenario, changes in industry structure in past few years, new changes, and impact of the new changes on the investors.

Segments:

Passenger Handling Segment Held Major Share in 2021

Based on service, the market is divided into baggage handling, passenger handling, cargo and mail handling, aircraft handling, ramp handling, and others. In 2021, the passenger handling segment held an outstanding share. Passenger service enables the proficient movement of passengers from preliminary check-in to boarding.

Domestic Segment Dominated Based on Airport Type

Based on airport type, the market is divided into domestic and international. The domestic segment reached its maximum share in 2021. The rise in domestic flights is predicted to fuel segment growth owing to the augmented development in tourism, business, and other sectors.

Greenfield Segment to Display Impressive CAGR During 2022-2029

Based on infrastructure type, the market is divided into greenfield airport and brownfield. The greenfield segment, on the other hand, is projected to show a substantial CAGR over the forecast period of 2022-2029.

The market is segmented into North America, Europe, Asia Pacific, and the rest of the world by region.

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