Aircraft Ground Support Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the global Aircraft Ground Support Equipment Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.

Key Insights:

Aircraft Ground Support Equipment Market Size (2024E): US$11 Bn
Projected Market Value (2031F): US$17.43 Bn
Global Market Growth Rate (CAGR 2024 to 2031): 6.8%

Aircraft Ground Support Equipment Market - Report Scope:

The Aircraft Ground Support Equipment (GSE) market includes a wide range of equipment and machinery used to support aircraft during ground operations, such as parking, loading, unloading, and maintenance. GSE encompasses passenger service, airport service, cargo loading, and container loading equipment, as well as various transportation solutions like belt loaders, cargo transporters, and more. The market is driven by increasing air travel demand, rising airport infrastructure investments, and the need for efficient, safe, and cost-effective ground operations. The market also benefits from technological advancements, sustainability trends, and the increasing demand for electric and hybrid-powered equipment.

Market Growth Drivers:

The global Aircraft Ground Support Equipment market is driven by several key factors, including the increasing demand for air travel and the subsequent expansion of airport facilities worldwide. The growth of commercial and military aviation sectors, along with the adoption of advanced technologies for efficiency and sustainability, is also contributing to the market's expansion. Additionally, the rise of e-commerce and global trade is driving demand for cargo-related ground support equipment. The growing shift towards electric and hybrid-powered ground support equipment is a significant trend in the market, driven by environmental regulations and cost-saving benefits.

Market Restraints:

Despite its promising growth, the Aircraft Ground Support Equipment market faces challenges such as the high initial costs of equipment and maintenance, especially for advanced electric and hybrid-powered machinery. The lack of uniformity in regulations across regions and the complexity of maintaining equipment across diverse geographical areas can also pose difficulties. Additionally, the market is affected by fluctuations in global aviation demand, especially during times of economic downturns or unforeseen global events such as pandemics.

Market Opportunities:

The Aircraft Ground Support Equipment market presents significant growth opportunities driven by technological advancements and a growing focus on sustainability. The increasing adoption of electric and hybrid-powered GSE is creating new avenues for market growth, as airports and airlines aim to meet stricter environmental regulations and reduce operational costs. Furthermore, the rise of airport automation and the demand for smarter, more efficient ground handling solutions are expected to fuel the market's expansion. Strategic partnerships and collaborations between GSE manufacturers, airlines, and airport operators can enhance market penetration and lead to innovative product development.

Key Questions Answered in the Report:

What are the primary factors driving the global growth of the Aircraft Ground Support Equipment market?
Which regions and market segments are leading the adoption of aircraft ground support equipment?
How are advancements in electric and hybrid technologies influencing market dynamics?
Who are the key players in the Aircraft Ground Support Equipment market, and what strategies are they employing to remain competitive?
What are the emerging trends and future prospects in the global Aircraft Ground Support Equipment market?

Competitive Intelligence and Business Strategy:

Leading companies in the global Aircraft Ground Support Equipment market, such as JBT Corporation, Air T, Inc., and Textron Inc., are focusing on product innovation, technological upgrades, and strategic partnerships to maintain a competitive edge. These companies are investing in electric and hybrid solutions, advancing automation technologies, and improving their service offerings to enhance the efficiency and sustainability of airport operations. Collaborations with airlines, airports, and other stakeholders are key to expanding market reach and capitalizing on new opportunities. Emphasizing cost-effective solutions, safety features, and environmental responsibility will continue to be crucial for market leaders in the evolving GSE landscape.

Key Companies Profiled in the Report:

JBT Corporation
Air T, Inc.
Textron Inc.
China International Marine Containers
Weihai Guangtai Airport Equipment Co., Ltd.
Cavotec SA
ALVEST Group
Mulag Fahrzeugwerk Heinz Wossner GmbH
Lektro Inc.

Aircraft Ground Support Equipment Industry Research by Category:

By Equipment:

Passenger Service
Airport Service
Cargo Loading
Container Loaders
Belt Loaders
Cargo Transporters

By Power:

Electric
Non-Electric
Hybrid

By Ownership:

New Sales
Rental

By End User:

Commercial Airports
Military Airports
Private Airports

By Region:

North America
Latin America
Europe
South Asia & Oceania
East Asia
The Middle East & Africa

Product Code: PMRREP34573

1. Executive Summary

1.1. Global Aircraft Ground Support Equipment Snapshot, 2024 and 2031
1.2. Market Opportunity Assessment, 2024 - 2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Macro-Economic Factors
- 2.3.1. Global Sectorial Outlook
- 2.3.2. Global GDP Growth Outlook
- 2.3.3. Other Macro-economic Factors
2.4. COVID-19 Impact Analysis
2.5. Forecast Factors - Relevance and Impact
2.6. Regulatory Landscape
2.7. Value Chain Analysis
- 2.7.1. List of Raw Materials Suppliers
- 2.7.2. List of Product Manufacturers
- 2.7.3. List of Product Distributors
- 2.7.4. List of End Users
2.8. PESTLE Analysis
2.9. Porter's Five Force Analysis

3. Price Trend Analysis, 2019 - 2031

3.1. Key Highlights
3.2. Key Factors Impacting Product Prices
3.3. Pricing Analysis, By Equipment
3.4. Regional Prices and Historical and Future Growth Trends

4. Global Aircraft Ground Support Equipment Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

4.1. Key Highlights
- 4.1.1. Market Volume (Units) Projections
- 4.1.2. Market Size (US$ Bn) and Y-o-Y Growth
- 4.1.3. Absolute $ Opportunity
4.2. Market Size (US$ Bn) Analysis and Forecast
- 4.2.1. Historical Market Size (US$ Bn) Analysis, 2019 - 2023
- 4.2.2. Current Market Size (US$ Bn) Analysis and Forecast, 2024 - 2031
4.3. Global Aircraft Ground Support Equipment Outlook: Equipment
- 4.3.1. Introduction / Key Findings
- 4.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Equipment, 2019 - 2023
- 4.3.3. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Equipment, 2024 - 2031
  - 4.3.3.1. Passenger Service
  - 4.3.3.2. Airport Service
  - 4.3.3.3. Cargo Loading
  - 4.3.3.4. Container Loaders
  - 4.3.3.5. Belt Loaders
  - 4.3.3.6. Cargo Transporters
4.4. Market Attractiveness Analysis: Equipment
4.5. Global Aircraft Ground Support Equipment Outlook: Power
- 4.5.1. Introduction / Key Findings
- 4.5.2. Historical Market Size (US$ Bn) Analysis, By Power, 2019 - 2023
- 4.5.3. Current Market Size (US$ Bn) Analysis and Forecast, By Power, 2024 - 2031
  - 4.5.3.1. Electric
  - 4.5.3.2. Non-Electric
  - 4.5.3.3. Hybrid
4.6. Market Attractiveness Analysis: Power
4.7. Global Aircraft Ground Support Equipment Outlook: Ownership
- 4.7.1. Introduction / Key Findings
- 4.7.2. Historical Market Size (US$ Bn) Analysis, By Ownership, 2019 - 2023
- 4.7.3. Current Market Size (US$ Bn) Analysis and Forecast, By Ownership, 2024 - 2031
  - 4.7.3.1. New Sales
  - 4.7.3.2. Rental
4.8. Market Attractiveness Analysis: Ownership
4.9. Global Aircraft Ground Support Equipment Outlook: End User
- 4.9.1. Introduction / Key Findings
- 4.9.2. Historical Market Size (US$ Bn) Analysis, By End User, 2019 - 2023
- 4.9.3. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024 - 2031
  - 4.9.3.1. Commercial Airports
  - 4.9.3.2. Military Airports
  - 4.9.3.3. Private Airports
4.10. Market Attractiveness Analysis: End User

5. Global Aircraft Ground Support Equipment Outlook: Region

5.1. Key Highlights
5.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Region, 2019 - 2023
5.3. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Region, 2024 - 2031
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. East Asia
- 5.3.4. South Asia and Oceania
- 5.3.5. Latin America
- 5.3.6. Middle East & Africa
5.4. Market Attractiveness Analysis: Region

6. North America Aircraft Ground Support Equipment Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019 - 2023
- 6.3.1. By Country
- 6.3.2. By Equipment
- 6.3.3. By Power
- 6.3.4. By Ownership
- 6.3.5. By End User
6.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 6.4.1. U.S.
- 6.4.2. Canada
6.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Equipment, 2024 - 2031
- 6.5.1. Passenger Service
- 6.5.2. Airport Service
- 6.5.3. Cargo Loading
- 6.5.4. Container Loaders
- 6.5.5. Belt Loaders
- 6.5.6. Cargo Transporters
6.6. Current Market Size (US$ Bn) Analysis and Forecast, By Power, 2024 - 2031
- 6.6.1. Electric
- 6.6.2. Non-Electric
- 6.6.3. Hybrid
6.7. Current Market Size (US$ Bn) Analysis and Forecast, By Ownership, 2024 - 2031
- 6.7.1. New Sales
- 6.7.2. Rental
6.8. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024 - 2031
- 6.8.1. Commercial Airports
- 6.8.2. Military Airports
- 6.8.3. Private Airports
6.9. Market Attractiveness Analysis

7. Europe Aircraft Ground Support Equipment Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019 - 2023
- 7.3.1. By Country
- 7.3.2. By Equipment
- 7.3.3. By Power
- 7.3.4. By Ownership
- 7.3.5. By End User
7.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 7.4.1. Germany
- 7.4.2. France
- 7.4.3. U.K.
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Turkey
- 7.4.8. Rest of Europe
7.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Equipment, 2024 - 2031
- 7.5.1. Passenger Service
- 7.5.2. Airport Service
- 7.5.3. Cargo Loading
- 7.5.4. Container Loaders
- 7.5.5. Belt Loaders
- 7.5.6. Cargo Transporters
7.6. Current Market Size (US$ Bn) Analysis and Forecast, By Power, 2024 - 2031
- 7.6.1. Electric
- 7.6.2. Non-Electric
- 7.6.3. Hybrid
7.7. Current Market Size (US$ Bn) Analysis and Forecast, By Ownership, 2024 - 2031
- 7.7.1. New Sales
- 7.7.2. Rental
7.8. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024 - 2031
- 7.8.1. Commercial Airports
- 7.8.2. Military Airports
- 7.8.3. Private Airports
7.9. Market Attractiveness Analysis

8. East Asia Aircraft Ground Support Equipment Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019 - 2023
- 8.3.1. By Country
- 8.3.2. By Equipment
- 8.3.3. By Power
- 8.3.4. By Ownership
- 8.3.5. By End User
8.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 8.4.1. China
- 8.4.2. Japan
- 8.4.3. South Korea
8.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Equipment, 2024 - 2031
- 8.5.1. Passenger Service
- 8.5.2. Airport Service
- 8.5.3. Cargo Loading
- 8.5.4. Container Loaders
- 8.5.5. Belt Loaders
- 8.5.6. Cargo Transporters
8.6. Current Market Size (US$ Bn) Analysis and Forecast, By Power, 2024 - 2031
- 8.6.1. Electric
- 8.6.2. Non-Electric
- 8.6.3. Hybrid
8.7. Current Market Size (US$ Bn) Analysis and Forecast, By Ownership, 2024 - 2031
- 8.7.1. New Sales
- 8.7.2. Rental
8.8. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024 - 2031
- 8.8.1. Commercial Airports
- 8.8.2. Military Airports
- 8.8.3. Private Airports
8.9. Market Attractiveness Analysis

9. South Asia & Oceania Aircraft Ground Support Equipment Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019 - 2023
- 9.3.1. By Country
- 9.3.2. By Equipment
- 9.3.3. By Power
- 9.3.4. By Ownership
- 9.3.5. By End User
9.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 9.4.1. India
- 9.4.2. Southeast Asia
- 9.4.3. ANZ
- 9.4.4. Rest of South Asia & Oceania
9.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Equipment, 2024 - 2031
- 9.5.1. Passenger Service
- 9.5.2. Airport Service
- 9.5.3. Cargo Loading
- 9.5.4. Container Loaders
- 9.5.5. Belt Loaders
- 9.5.6. Cargo Transporters
9.6. Current Market Size (US$ Bn) Analysis and Forecast, By Power, 2024 - 2031
- 9.6.1. Electric
- 9.6.2. Non-Electric
- 9.6.3. Hybrid
9.7. Current Market Size (US$ Bn) Analysis and Forecast, By Ownership, 2024 - 2031
- 9.7.1. New Sales
- 9.7.2. Rental
9.8. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024 - 2031
- 9.8.1. Commercial Airports
- 9.8.2. Military Airports
- 9.8.3. Private Airports
9.9. Market Attractiveness Analysis

10. Latin America Aircraft Ground Support Equipment Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019 - 2023
- 10.3.1. By Country
- 10.3.2. By Equipment
- 10.3.3. By Power
- 10.3.4. By Ownership
- 10.3.5. By End User
10.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 10.4.1. Brazil
- 10.4.2. Mexico
- 10.4.3. Rest of Latin America
10.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Equipment, 2024 - 2031
- 10.5.1. Passenger Service
- 10.5.2. Airport Service
- 10.5.3. Cargo Loading
- 10.5.4. Container Loaders
- 10.5.5. Belt Loaders
- 10.5.6. Cargo Transporters
10.6. Current Market Size (US$ Bn) Analysis and Forecast, By Power, 2024 - 2031
- 10.6.1. Electric
- 10.6.2. Non-Electric
- 10.6.3. Hybrid
10.7. Current Market Size (US$ Bn) Analysis and Forecast, By Ownership, 2024 - 2031
- 10.7.1. New Sales
- 10.7.2. Rental
10.8. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024 - 2031
- 10.8.1. Commercial Airports
- 10.8.2. Military Airports
- 10.8.3. Private Airports
10.9. Market Attractiveness Analysis

11. Middle East & Africa Aircraft Ground Support Equipment Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

11.1. Key Highlights
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019 - 2023
- 11.3.1. By Country
- 11.3.2. By Equipment
- 11.3.3. By Power
- 11.3.4. By Ownership
- 11.3.5. By End User
11.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 11.4.1. GCC Countries
- 11.4.2. Egypt
- 11.4.3. South Africa
- 11.4.4. Northern Africa
- 11.4.5. Rest of Middle East & Africa
11.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Equipment, 2024 - 2031
- 11.5.1. Passenger Service
- 11.5.2. Airport Service
- 11.5.3. Cargo Loading
- 11.5.4. Container Loaders
- 11.5.5. Belt Loaders
- 11.5.6. Cargo Transporters
11.6. Current Market Size (US$ Bn) Analysis and Forecast, By Power, 2024 - 2031
- 11.6.1. Electric
- 11.6.2. Non-Electric
- 11.6.3. Hybrid
11.7. Current Market Size (US$ Bn) Analysis and Forecast, By Ownership, 2024 - 2031
- 11.7.1. New Sales
- 11.7.2. Rental
11.8. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024 - 2031
- 11.8.1. Commercial Airports
- 11.8.2. Military Airports
- 11.8.3. Private Airports
11.9. Market Attractiveness Analysis

12. Competition Landscape

12.1. Market Share Analysis, 2023
12.2. Market Structure
- 12.2.1. Competition Intensity Mapping By Equipment
- 12.2.2. Competition Dashboard
12.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 12.3.1. JBT Corporation
  - 12.3.1.1. Overview
  - 12.3.1.2. Segments and Products
  - 12.3.1.3. Key Financials
  - 12.3.1.4. Market Developments
  - 12.3.1.5. Market Strategy
- 12.3.2. Air T, Inc.
- 12.3.3. Textron Inc.
- 12.3.4. China International Marine Containers
- 12.3.5. Weihai Guangtai Airport Equipment Co., Ltd.
- 12.3.6. Cavotec SA
- 12.3.7. ALVEST Group
- 12.3.8. MulagFahrzeugwerk Heinz Wossner GmbH
- 12.3.9. Lektro Inc.
- 12.3.10. Other Players

13. Appendix

13.1. Research Methodology
13.2. Research Assumptions
13.3. Acronyms and Abbreviations