Global Aircraft Ground Support Equipment Market is Predicted to Reach USD 5,467.0 Million By 2030 Registering a CAGR of 4.67% | Infinium Global Research

The Global Aircraft Ground Support Equipment Market is on a trajectory of steady growth, with a projected compound annual growth rate (CAGR) of about 4.67% during the forecast period spanning from 2023 to 2030. In 2022, the market showcased its robustness by generating revenue exceeding USD 5,467.0 Million, and it is poised to further soar, with expectations to surpass USD 7,804.1 Million by 2030. Ground support equipment (GSE), an essential facet of airport operations, plays a vital role in servicing aircraft between flights. Typically stationed on airport ramps near terminals, GSE ensures the safe and efficient functioning of aircraft post-landing and pre-departure. This equipment encompasses a spectrum of functions, including aircraft mobility, ground power operations, and cargo and passenger handling.

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Airport Infrastructure Expansion Drives Market Demand

The burgeoning expansion and development of airport infrastructure are propelling the demand for aircraft ground support equipment. Airports serve as economic hubs that significantly contribute to a nation's economic activity. The quality and efficiency of airport infrastructure play a pivotal role in a country's international competitiveness and its ability to attract foreign investments. Organizations like the International Air Transport Association (IATA) collaborate with airports and government authorities on major airport development projects worldwide, ensuring they result in adequate infrastructure to meet airline needs. The substantial increase in air traffic and cargo transportation globally, along with a focus on maintaining high service standards and leasing ground support equipment, are key factors influencing the growth of the ground support equipment market. A substantial uptick in the number of air passengers and the transportation of cargo has been observed globally, with this growth expected to persist throughout the forecast period, subsequently driving the adoption of advanced GSE by airports. However, the high operational costs associated with ground support equipment present a constraint to market growth. On a positive note, technological innovations in GSE, automation of services, and equipment modernization are presenting lucrative opportunities for market players.

North America Dominates, Asia Pacific Shows Promise

Geographically, North America asserts its dominance, capturing the largest market share in the aircraft ground support equipment market. The region boasts multiple airports and a burgeoning demand for lightweight aircraft production. Within North America, the United States leads the way, followed by Canada and Mexico. Furthermore, the Asia Pacific region is anticipated to be a catalyst for market growth during the forecast period. Factors such as lower operational costs for commercial carriers and a burgeoning tourism sector contribute to the region's potential. China leads the Asia-Pacific market, with Japan and India following suit.

Segmentation Overview

The global aircraft ground support equipment market is segmented as follows:

Type: Sub-markets include Aircraft Handling, Passenger Handling, and Cargo Handling.
Power Source: Sub-markets encompass Electric, Non-Electric, and Hybrid.
Application: Sub-markets include Commercial and Defense.
Companies Profiled:

The report provides profiles of the companies in the market such as AERO SPECIALTIES, INC., Cavotec SA, Textron GSE, Flightline Support Ltd., GATE GSE, Imai Aero-Equipment Mfg. Co., Ltd., JBT Corporation, Mallaghan, Teleflex Lionel-Dupont, and Guangtai.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Aircraft Ground Support Equipment Market Highlights

2.2. Aircraft Ground Support Equipment Market Projection

2.3. Aircraft Ground Support Equipment Market Regional Highlights

Chapter 3. Global Aircraft Ground Support Equipment Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 Impact on the Aircraft Ground Support Equipment Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1. IGR-Growth Matrix Analysis by Type

3.5.2. IGR-Growth Matrix Analysis by Power Source

3.5.3. IGR-Growth Matrix Analysis by Application

3.5.4. IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Aircraft Ground Support Equipment Market

Chapter 4. Aircraft Ground Support Equipment Market Macro Indicator Analysis

Chapter 5. Global Aircraft Ground Support Equipment Market by Type

5.1. Aircraft Handling

5.1.1. Refuelers

5.1.2. Tugs & Tractors

5.1.3. Rescue & Firefighting

5.1.4. Others

5.2. Passenger Handling

5.2.1. Boarding Steps/Stairs

5.2.2. Airport Buses & Transport

5.2.3. Bed/Chair Lifts

5.3. Cargo Handling

5.3.1. Container Loader

5.3.2. Belt Loaders

5.3.3. Catering Vehicle

5.3.4. Others

Chapter 6. Global Aircraft Ground Support Equipment Market by Power Source

6.1. Electric

6.2. Non-electric

6.3. Hybrid

Chapter 7. Global Aircraft Ground Support Equipment Market by Application

7.1. Commercial

7.2. Defense

Chapter 8. Global Aircraft Ground Support Equipment Market by Region 2023-2030

8.1. North America

8.1.1. North America Aircraft Ground Support Equipment Market by Type

8.1.2. North America Aircraft Ground Support Equipment Market by Power Source

8.1.3. North America Aircraft Ground Support Equipment Market by Application

8.1.4. North America Aircraft Ground Support Equipment Market by Country

8.2. Europe

8.2.1. Europe Aircraft Ground Support Equipment Market by Type

8.2.2. Europe Aircraft Ground Support Equipment Market by Power Source

8.2.3. Europe Aircraft Ground Support Equipment Market by Application

8.2.4. Europe Aircraft Ground Support Equipment Market by Country

8.3. Asia-Pacific

8.3.1. Asia-Pacific Aircraft Ground Support Equipment Market by Type

8.3.2. Asia-Pacific Aircraft Ground Support Equipment Market by Power Source

8.3.3. Asia-Pacific Aircraft Ground Support Equipment Market by Application

8.3.4. Asia-Pacific Aircraft Ground Support Equipment Market by Country

8.4. RoW

8.4.1. RoW Aircraft Ground Support Equipment Market by Type

8.4.2. RoW Aircraft Ground Support Equipment Market by Power Source

8.4.3. RoW Aircraft Ground Support Equipment Market by Application

8.4.4. RoW Aircraft Ground Support Equipment Market by Sub-region

Chapter 9. Company Profiles and Competitive Landscape

9.1. Competitive Landscape in the Global Aircraft Ground Support Equipment Market

9.2. Companies Profiles

9.2.1. AERO SPECIALTIES, INC.

9.2.2. Cavotec SA

9.2.3. Textron GSE

9.2.4. Flightline Support Ltd.

9.2.5. GATE GSE

9.2.6. Imai Aero-Equipment Mfg. Co., Ltd.

9.2.7. JBT Corporation

9.2.8. Mallaghan

9.2.9. Teleflex Lionel-Dupont

9.2.10. Guangtai

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of Aircraft Ground Support Equipment.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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