Asia Pacific Ground Support Equipment Market Size, Share & Trends Analysis Report By Type (Powered and Non-powered ), By Application, By Power Source, By Country and Growth Forecast, 2024

List of Tables

The Asia Pacific Ground Support Equipment Market would witness market growth of 6.6% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Ground Support Equipment Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $873.9 million by 2031. The Japan market is registering a CAGR of 5.9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 7.3% during (2024 - 2031).

Several factors drive the demand for GSE and services. The growth in air passenger traffic, expansion, and modernization of airport infrastructure, increasing fleet size of commercial and cargo aircraft. Moreover, technological advancements are pivotal in driving innovation within the GSE market, focusing on electrification, automation, digitalization, and sustainable solutions.

These trends are reshaping the landscape of ground handling operations, driving efficiency gains, reducing environmental impact, and enhancing safety and reliability. Moreover, key players in the market include manufacturers, suppliers, and service providers specializing in various equipment categories and solutions. Companies such as TLD Group, Textron Inc., JBT Corporation, are prominent players driving innovation and competition within the market.

The Asia-Pacific region attracts millions of international tourists each year, many of whom arrive by air. The demand for GSE for cargo handling further contributes to the growth of the market. According to the Civil Aviation Administration of China (CAAC), in 2021, China's air travel volume rose annually by 7.3%, 5.5%, and 8.2% for passengers, cargo, and mail, respectively. Government support and investment in airport infrastructure development play a crucial role in driving growth in the market in the Asia-Pacific region by creating innovation in airport operations and services. According to the International Trade Administration (ITA), in 2022, the Indian government aims to develop 100 airports by 2024 (under the UDAN "Ude Desh ka Aam Naagrik"- Let the common citizens of the country fly scheme) and invest US$ 1.83 billion by 2026. In the Indian Union Budget 2022, the government announced an R&D budget of approximately $280 million. Thus, government support and investment in air traffic passenger, cargo, and mail transportation in Asia Pacific significantly increase the market.

Based on Type, the market is segmented into Powered (GSE) and Non-powered (GSE). Based on Application, the market is segmented into Aircraft Handling, Passenger Handling and Cargo Handling. Based on Power Source, the market is segmented into Non-Electric, Electric and Hybrid. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

Textron, Inc.
Weihai Guangtai Airport Equipment Co., Ltd.
Aero Specialties, Inc.
John Bean Technologies Corporation
Illinois Tool Works, Inc.
IAC Corporation
Aeroservices Ltd.
Flofuel Support Ltd. (Argent Industrial Limited)
Alvest Equipment Services (TLD Group)
Mallaghan HQ

Asia Pacific Ground Support Equipment Market Report Segmentation

By Type

Powered ground support equipment (GSE)
Non-powered ground support equipment (GSE)

By Application

Aircraft Handling
Passenger Handling
Cargo Handling

By Power Source

Non-Electric
Electric
Hybrid

By Country

China
Japan
India
South Korea
Australia
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Ground Support Equipment Market, by Type
- 1.4.2Asia Pacific Ground Support Equipment Market, by Application
- 1.4.3Asia Pacific Ground Support Equipment Market, by Power Source
- 1.4.4Asia Pacific Ground Support Equipment Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Recent strategies deployed in Ground Support Equipment Market

Chapter 5.Asia Pacific Ground Support Equipment Market by Type

5.1Asia Pacific Powered ground support equipment (GSE) Market by Country
5.2Asia Pacific Non-powered ground support equipment (GSE) Market by Country

Chapter 6.Asia Pacific Ground Support Equipment Market by Application

6.1Asia Pacific Aircraft Handling Market by Country
6.2Asia Pacific Passenger Handling Market by Country
6.3Asia Pacific Cargo Handling Market by Country

Chapter 7.Asia Pacific Ground Support Equipment Market by Power Source

7.1Asia Pacific Non-Electric Market by Country
7.2Asia Pacific Electric Market by Country
7.3Asia Pacific Hybrid Market by Country

Chapter 8.Asia Pacific Ground Support Equipment Market by Country

8.1China Ground Support Equipment Market
- 8.1.1China Ground Support Equipment Market by Type
- 8.1.2China Ground Support Equipment Market by Application
- 8.1.3China Ground Support Equipment Market by Power Source
8.2Japan Ground Support Equipment Market
- 8.2.1Japan Ground Support Equipment Market by Type
- 8.2.2Japan Ground Support Equipment Market by Application
- 8.2.3Japan Ground Support Equipment Market by Power Source
8.3India Ground Support Equipment Market
- 8.3.1India Ground Support Equipment Market by Type
- 8.3.2India Ground Support Equipment Market by Application
- 8.3.3India Ground Support Equipment Market by Power Source
8.4South Korea Ground Support Equipment Market
- 8.4.1South Korea Ground Support Equipment Market by Type
- 8.4.2South Korea Ground Support Equipment Market by Application
- 8.4.3South Korea Ground Support Equipment Market by Power Source
8.5Australia Ground Support Equipment Market
- 8.5.1Australia Ground Support Equipment Market by Type
- 8.5.2Australia Ground Support Equipment Market by Application
- 8.5.3Australia Ground Support Equipment Market by Power Source
8.6Malaysia Ground Support Equipment Market
- 8.6.1Malaysia Ground Support Equipment Market by Type
- 8.6.2Malaysia Ground Support Equipment Market by Application
- 8.6.3Malaysia Ground Support Equipment Market by Power Source
8.7Rest of Asia Pacific Ground Support Equipment Market
- 8.7.1Rest of Asia Pacific Ground Support Equipment Market by Type
- 8.7.2Rest of Asia Pacific Ground Support Equipment Market by Application
- 8.7.3Rest of Asia Pacific Ground Support Equipment Market by Power Source

Chapter 9.Company Profiles

9.1Textron, Inc.
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research & Development Expenses
- 9.1.5Recent strategies and developments:
  - 9.1.5.1Partnerships, Collaborations, and Agreements:
  - 9.1.5.2Product Launches and Product Expansions:
- 9.1.6SWOT Analysis
9.2Weihai Guangtai Airport Equipment Co., Ltd.
- 9.2.1Company Overview
9.3AERO Specialties, Inc.
- 9.3.1Company Overview
- 9.3.2SWOT Analysis
9.4John Bean Technologies Corporation
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Regional Analysis
- 9.4.4Research & Development Expenses
- 9.4.5Recent strategies and developments:
  - 9.4.5.1Partnerships, Collaborations, and Agreements:
- 9.4.6SWOT Analysis
9.5Illinois Tools Works, Inc.
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.5.4Research & Development Expenses
- 9.5.5SWOT Analysis
9.6IAC Corporation
- 9.6.1Company Overview
- 9.6.2SWOT Analysis
9.7Aeroservices Ltd.
- 9.7.1Company Overview
9.8Flofuel Support Ltd. (Argent Industrial Limited)
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4Research & Development Expenses
9.9Alvest Equipment Services (TLD Group)
- 9.9.1Company Overview
- 9.9.2Recent strategies and developments:
  - 9.9.2.1Acquisition and Mergers:
- 9.9.3SWOT Analysis
9.10.Mallaghan HQ
- 9.10.1Company Overview
- 9.10.2Recent strategies and developments:
  - 9.10.2.1Product Launches and Product Expansions:

LIST OF TABLES

TABLE 1Asia Pacific Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 2Asia Pacific Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 3Asia Pacific Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 4Asia Pacific Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 5Asia Pacific Powered ground support equipment (GSE) Market by Country, 2020 - 2023, USD Million
TABLE 6Asia Pacific Powered ground support equipment (GSE) Market by Country, 2024 - 2031, USD Million
TABLE 7Asia Pacific Non-powered ground support equipment (GSE) Market by Country, 2020 - 2023, USD Million
TABLE 8Asia Pacific Non-powered ground support equipment (GSE) Market by Country, 2024 - 2031, USD Million
TABLE 9Asia Pacific Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 10Asia Pacific Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 11Asia Pacific Aircraft Handling Market by Country, 2020 - 2023, USD Million
TABLE 12Asia Pacific Aircraft Handling Market by Country, 2024 - 2031, USD Million
TABLE 13Asia Pacific Passenger Handling Market by Country, 2020 - 2023, USD Million
TABLE 14Asia Pacific Passenger Handling Market by Country, 2024 - 2031, USD Million
TABLE 15Asia Pacific Cargo Handling Market by Country, 2020 - 2023, USD Million
TABLE 16Asia Pacific Cargo Handling Market by Country, 2024 - 2031, USD Million
TABLE 17Asia Pacific Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 18Asia Pacific Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 19Asia Pacific Non-Electric Market by Country, 2020 - 2023, USD Million
TABLE 20Asia Pacific Non-Electric Market by Country, 2024 - 2031, USD Million
TABLE 21Asia Pacific Electric Market by Country, 2020 - 2023, USD Million
TABLE 22Asia Pacific Electric Market by Country, 2024 - 2031, USD Million
TABLE 23Asia Pacific Hybrid Market by Country, 2020 - 2023, USD Million
TABLE 24Asia Pacific Hybrid Market by Country, 2024 - 2031, USD Million
TABLE 25Asia Pacific Ground Support Equipment Market by Country, 2020 - 2023, USD Million
TABLE 26Asia Pacific Ground Support Equipment Market by Country, 2024 - 2031, USD Million
TABLE 27China Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 28China Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 29China Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 30China Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 31China Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 32China Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 33China Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 34China Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 35Japan Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 36Japan Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 37Japan Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 38Japan Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 39Japan Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 40Japan Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 41Japan Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 42Japan Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 43India Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 44India Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 45India Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 46India Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 47India Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 48India Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 49India Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 50India Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 51South Korea Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 52South Korea Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 53South Korea Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 54South Korea Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 55South Korea Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 56South Korea Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 57South Korea Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 58South Korea Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 59Australia Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 60Australia Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 61Australia Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 62Australia Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 63Australia Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 64Australia Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 65Australia Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 66Australia Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 67Malaysia Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 68Malaysia Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 69Malaysia Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 70Malaysia Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 71Malaysia Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 72Malaysia Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 73Malaysia Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 74Malaysia Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 75Rest of Asia Pacific Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 76Rest of Asia Pacific Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 77Rest of Asia Pacific Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 78Rest of Asia Pacific Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 79Rest of Asia Pacific Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 80Rest of Asia Pacific Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 81Rest of Asia Pacific Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 82Rest of Asia Pacific Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 83Key Information - Textron, Inc.
TABLE 84Key Information - Weihai Guangtai Airport Equipment Co., Ltd.
TABLE 85Key Information - AERO Specialties, Inc.
TABLE 86Key Information - JBT Corporation
TABLE 87Key Information - Illinois Tool Works, Inc.
TABLE 88Key Information - IAC Corporation
TABLE 89Key Information - Aeroservices Ltd.
TABLE 90Key Information - Flofuel Support Ltd.
TABLE 91Key Information - Alvest Equipment Services
TABLE 92Key Information - Mallaghan HQ

Asia Pacific Ground Support Equipment Market Size, Share & Trends Analysis Report By Type (Powered and Non-powered ), By Application, By Power Source, By Country and Growth Forecast, 2024 - 2031

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