Global Ground Support Equipment Market Size, Share, and Forecast Analysis 2025-2029

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What Are the Ground Support Equipment Market Size Forecast for 2025?
The market size for ground support equipment has seen a substantial increase in the past few years. Its size is projected to surge from $9.14 billion in 2024 to reach $9.88 billion in 2025, marking a compound annual growth rate (CAGR) of 8.1%. Factors such as the influence of globalization, the desire for innovative functionalities, expansion of airport infrastructure, enhancements in safety and ergonomics, and environmental rules and regulations have contributed to its growth during the historic period.

What Is the Market Size Outlook for Ground Support Equipment Until 2029?
Expectations are high for a significant surge in the ground support equipment market over the next few years. The market size is projected to reach $13.5 billion by 2029, with an 8.1% compound annual growth rate (CAGR). Factors contributing to this forecasted growth include green initiatives and regulations, the use of smart and Internet of Things (IoT)-enabled equipment, emphasis on safety and ergonomics, upgrade and replacement cycles, and the integration of autonomous systems. Dominant trends for the forecast period encompass the adoption of electric and hybrid ground support equipment (GSE), smart GSE solutions, a focus on autonomous GSE, sustainable and eco-friendly solutions, and modular and adaptable equipment.

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What Are the Major Factors Driving Demand in the Ground Support Equipment Market?
With the growing number of passengers traveling by air and rising cargo transfers, it is anticipated that the ground support equipment market will be significantly propelled. Interpreted as someone utilizing a commercial airline for transport, an air passenger along with cargo - which implies the logistics of moving items from one location to another - significantly influence this market. Ground support equipment is paramount in enhancing operations such as aircraft refueling, baggage handling and the loading and unloading of cargo, thereby facilitating the handling of increased aircraft, passenger and cargo volumes. For instance, airlines in the Asia-Pacific region, as per a report in the Australian independent civil aviation publication Asian airlines magazine in July 2024, have surged to the front, noting a 27.0% annual rise in demand. Against the preceding year, capacity also expanded by 26.0%, while the load factor increased to 81.6%, a growth of 0.6 percentage point from May 2023. Thus, the sharp rise in air passengers and cargo transport is a key driver for the expansion of the ground support equipment market.

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How Are End-Use Segments Shaping the Ground Support Equipment Market Outlook?
The ground support equipment market covered in this report is segmented -

1) By Type: Powered Ground Support Equipment, Non-Powered Ground Support Equipment
2) By Power Source: Non-Electric Ground Support Equipment, Electric Ground Support Equipment, Hybrid Ground Support Equipment, Fuel Cell Vehicle (FCV), Advanced Ground Support Equipment
3) By Platform: Commercial, Military
4) By Application: Aircraft Handling, Passenger Handling, Cargo Handling

Subsegments:
1) By Powered Ground Support Equipment: Electric Tugs, Battery-Powered Equipment, Hydraulic Equipment, Towbarless Tractors, Baggage Tractors, Cargo Loaders, Aircraft Refueling Trucks
2) By Non-Powered Ground Support Equipment: Manual Tugs, Dollies, Chocks, Carts, Stairs And Ramps, Towbars, Hand Tools

What Are the Strategic Trends Transforming the Ground Support Equipment Market Landscape?
The trend of technological progression has become increasingly prominent in the ground support equipment market, with notable companies introducing high-tech ground support equipment to fortify their market presence. For example, Textron Ground Support Equipment Inc., a leading American maker of ground support tools, introduced the pioneering Intellimix technology to its Safeaero 220 single-operator deicer in September 2022. The sophisticated Intellimix technology boosts deicing effectiveness through an ideal blend of heat and fluid. This innovation allows customers to enjoy the benefits of a single operator managing, maneuvering, and deicing the aircraft from one cab, resulting in superior efficiency. The introduction of this technology enhances the functionality of the Safeaero 220, making the deicing process more efficient, safe, and dependable.

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Who Are the Prominent Companies in the Ground Support Equipment Market by ?
Major companies operating in the ground support equipment market include John Bean Technologies (JBT) Corporation, Rheinmetall AG, Textron Ground Support Equipment Inc., Weihai Guangtai Airport Equipment Co. Ltd., Mallaghan Engineering Ltd., AERO SPECIALTIES INC., Cavotec SA, Tronair Inc., TLD Group, ITW GSE, Kalmar Motor AB, GATE GSE, Jungheinrich AG, Lektro Inc., Advanced Charging Technologies, Cobus Industries GmbH, ALVEST Group, Flightline Support Ltd., Aeroservices Ltd, Dabico Airport Solutions, ADELTE GROUP SL., 247GT Ltd., Mulag Fahrzeugwerk Heinz Wössner GmbH u. Co. KG, TUG Technologies Corporation, Powervamp Ltd., TCR International, Aviaco GSE

Which Region Is Expected to See the Highest CAGR in the Ground Support Equipment Market?
North America was the largest region in the ground support equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the ground support equipment market report during the forecast period. The regions covered in the ground support equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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