PUBLISHER: IMARC | PRODUCT CODE: 1287634
PUBLISHER: IMARC | PRODUCT CODE: 1287634
Ground Support Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global ground support equipment market size reached US$ 14.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.
Ground support equipment (GSE) refers to an advanced support equipment, which is specifically designed for supporting and optimizing aircraft operations at airports. It comprises airplane push-back, hook-up, forklifts, carts, air-conditioning, container loaders, and light-duty trucks that are used for towing, powering, and servicing purposes. GSE enables technician and ground crew to check the condition of the aircraft before the take-off, ensuring mobility, and handling baggage. This, in turn, aids in enhancing operational efficiency, addressing and resolving aircraft-related issues instantly, and generating a long-term return of investments (ROI) by minimizing additional operational expenses. At present, GSE relies on non-electric, electric, and hybrid power sources.
Ground Support Equipment Market Trends:
The increasing warehouse operations, along with the constant upgradations at airports, such as the establishment of new terminals, gates, and passenger service equipment, is primarily driving the ground support equipment market growth. This can be attributed to the rising air passenger traffic and the growing need to support safer aircraft operations. In line with this, the rising environmental consciousness has led governments of various countries to considerably invest in green initiatives, such as the procurement of maintenance, repair, and overhaul (MRO) and green GSE for inhibiting the release of greenhouse gas (GHG) emissions. This, in turn, is acting as another major growth-inducing factor. Additionally, significant technological advancements, including the introduction of collaborative decision-making (CDM) tools to enhance operational efficiency and improve the planning process are contributing to the market growth. Other factors, such as escalating number of air travels and the refurbishment of GSE products to fuel aircraft turnaround, eliminate additional costs, and mitigate congestion and overall delays, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ground support equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, power source and application.
Breakup by Type:
Powered Ground Support Equipment
Non-Powered Ground Support Equipment
Breakup by Power Source:
Electric
Non-Electric
Hybrid
Breakup by Application:
Aircraft Handling
Passenger Handling
Cargo Handling
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aero Specialties Inc., Aeroservices Ltd., Cavotec SA, Curtis Instruments Inc., ITW GSE, Jalux Inc., John Bean Technologies Corporation, Mallaghan, Rheinmetall Aktiengesellschaft, Textron Ground Support Equipment Inc. (Textron Inc.), TLD Group (Alvest Group) and Weihai Guangtai Airport Equipment Co. Ltd.
Key Questions Answered in This Report
1. What was the size of the global ground support equipment market in 2022?
2. What is the expected growth rate of the global ground support equipment market during 2023-2028?
3. What are the key factors driving the global ground support equipment market?
4. What has been the impact of COVID-19 on the global ground support equipment market?
5. What is the breakup of the global ground support equipment market based on the type?
6. What is the breakup of the global ground support equipment market based on the application?
7. What are the key regions in the global ground support equipment market?
8. Who are the key players/companies in the global ground support equipment market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Ground Support Equipment Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Powered Ground Support Equipment
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Non-Powered Ground Support Equipment
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Power Source
- 7.1 Electric
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Non-Electric
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Hybrid
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Aircraft Handling
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Passenger Handling
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Cargo Handling
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Aero Specialties Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Aeroservices Ltd.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Cavotec SA
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Curtis Instruments Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 ITW GSE
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Jalux Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 John Bean Technologies Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 Mallaghan
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Rheinmetall Aktiengesellschaft
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Textron Ground Support Equipment Inc. (Textron Inc.)
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 TLD Group (Alvest Group)
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Weihai Guangtai Airport Equipment Co. Ltd
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.1 Aero Specialties Inc.
List of Figures
- Figure 1: Global: Ground Support Equipment Market: Major Drivers and Challenges
- Figure 2: Global: Ground Support Equipment Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Ground Support Equipment Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Ground Support Equipment Market: Breakup by Type (in %), 2022
- Figure 5: Global: Ground Support Equipment Market: Breakup by Power Source (in %), 2022
- Figure 6: Global: Ground Support Equipment Market: Breakup by Application (in %), 2022
- Figure 7: Global: Ground Support Equipment Market: Breakup by Region (in %), 2022
- Figure 8: Global: Ground Support Equipment (Powered Ground Support Equipment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Ground Support Equipment (Powered Ground Support Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Ground Support Equipment (Non-Powered Ground Support Equipment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Ground Support Equipment (Non-Powered Ground Support Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Ground Support Equipment (Electric) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Ground Support Equipment (Electric) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Ground Support Equipment (Non-Electric) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Ground Support Equipment (Non-Electric) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Ground Support Equipment (Hybrid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Ground Support Equipment (Hybrid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Ground Support Equipment (Aircraft Handling) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Ground Support Equipment (Aircraft Handling) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Ground Support Equipment (Passenger Handling) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Ground Support Equipment (Passenger Handling) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Ground Support Equipment (Cargo Handling) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Ground Support Equipment (Cargo Handling) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: North America: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: North America: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: United States: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: United States: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Canada: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Canada: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Asia-Pacific: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Asia-Pacific: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: China: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: China: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Japan: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Japan: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: India: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: India: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: South Korea: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: South Korea: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Australia: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Australia: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Indonesia: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Indonesia: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Others: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Others: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Europe: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Europe: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Germany: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Germany: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: France: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: France: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: United Kingdom: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: United Kingdom: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Italy: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Italy: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Spain: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Spain: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Russia: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Russia: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Others: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Others: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Latin America: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Latin America: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Brazil: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Brazil: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Mexico: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Mexico: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Middle East and Africa: Ground Support Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Middle East and Africa: Ground Support Equipment Market: Breakup by Country (in %), 2022
- Figure 72: Middle East and Africa: Ground Support Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Global: Ground Support Equipment Industry: SWOT Analysis
- Figure 74: Global: Ground Support Equipment Industry: Value Chain Analysis
- Figure 75: Global: Ground Support Equipment Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Ground Support Equipment Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Ground Support Equipment Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Ground Support Equipment Market Forecast: Breakup by Power Source (in Million US$), 2023-2028
- Table 4: Global: Ground Support Equipment Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Ground Support Equipment Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Ground Support Equipment Market: Competitive Structure
- Table 7: Global: Ground Support Equipment Market: Key Players
