The Global Ground Support Equipment Market size is expected to reach $12.1 billion by 2031, rising at a market growth of 6.0% CAGR during the forecast period.
Europe places a strong emphasis on safety and security in aviation operations. The Europe region will consume 3,696.7 million revenues in 2031. Therefore, the market includes various safety equipment such as aircraft marshalling wands, safety cones, barriers, fire extinguishers, and security screening devices to maintain safety standards and comply with regulations. Therefore, these aspects will pose lucrative growth prospects for the segment.
In the dynamic landscape of modern air travel, passenger comfort, convenience, and efficiency have emerged as paramount priorities. Deicing trucks equipped with specialized spraying equipment and deicing fluids remove ice and snow accumulation from aircraft surfaces, ensuring optimal aerodynamic performance and preventing safety hazards. Hence, these aspects will spur the demand for GSE in the upcoming years. Additionally, Safety regulations mandate specific standards for the design, manufacturing, and operation of GSE to ensure the safety of airport personnel, passengers, and aircraft. Therefore, stringent safety and environmental regulations play a significant role in shaping the market.
However, the initial cost of purchasing GSE can be substantial, especially for specialized or technologically advanced equipment. Aircraft tugs, baggage loaders, and ground power units (GPUs) are examples of GSE that can require significant investment. The high upfront investment required for technology upgrades may deter organizations from embracing new GSE solutions. Therefore, these factors can hamper the growth of the market.
Type Outlook
Based on type, the market is characterized by powered GSE and non-powered GSE. In 2023, the non-powered GSE segment recorded 28.8% revenue share in the market. Non-powered GSE facilitates ground handling operations at airports, military airbases, and cargo terminals. Non-powered GSE is essential for ground personnel to ensure the efficient and safe movement of aircraft, passengers, and cargo on the ground.
Application Outlook
Based on application, the market is fragmented into aircraft handling, passenger handling, and cargo handling. The passenger handling segment recorded 36.3% revenue share in the market in 2023. Passenger handling encompasses a wide range of equipment, vehicles, and services aimed at ensuring a smooth, comfortable, and efficient passenger experience from arrival at the airport to boarding the aircraft.
Power Source Outlook
By power source, the market is classified into non-electric, hybrid, and electric. In 2023, the hybrid segment acquired 11.3% revenue share in the market. Using hybrid technology in GSE offers several benefits, including increased efficiency, reduced emissions, and improved performance. One notable area of advancement is seen in hybrid-electric aircraft tugs, which seamlessly integrate electric motors with conventional combustion engines.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment garnered 35%, revenue share in the GSE market in 2023. The adoption of advanced technology for ground handling operations within the North American market includes integrating automated baggage handling systems, sophisticated cargo handling equipment, and state-of-the-art aircraft servicing vehicles.
Recent Strategies Deployed in the Market
- Sep-2022: Textron Inc. launched the TUG EnduranceTM baggage tractor, built on a foundation of customer insights and future-facing technology. Through this launch, the company will provide a new level of efficiency to customer operations.
- Sep-2022: Textron, Inc. launched IntellimixTM technology for its SafeaeroTM 220 single-operator deice. This new technology will increase customers' operating efficiencies while strengthening the sustainability of the company.
- Mar-2022: Textron Inc. collaborated with General Motors (GM) and Powertrain Control Solutions (PCS) to electrify its diverse product line. Through this collaboration, the company is looking forward to bringing the technology that is revolutionizing the on-highway vehicle market into GSE.
- May-2023: JBT Corporation has entered into a definitive agreement to sell its AeroTech business to Oshkosh Corporation, a leading innovator of purpose-built vehicles and equipment. Through this agreement, the company will ensure the AeroTech business remains a market leader for critical airport equipment and infrastructure.
- Feb-2022: Alvest Equipment Services collaborated with Millennium Aero Dynamics, a provider of services to the Indian aviation industry, to announce its joint venture, Alvest Millennium Aviation Leasing IFSC Private Limited (AMAL). This collaboration will expand GSE's offerings in the dynamic Indian subcontinental market.
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
Global 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 Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Ground Support Equipment Market, by Type
- 1.4.2Global Ground Support Equipment Market, by Application
- 1.4.3Global Ground Support Equipment Market, by Power Source
- 1.4.4Global Ground Support Equipment Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
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.Global Ground Support Equipment Market by Type
- 5.1Global Powered ground support equipment (GSE) Market by Region
- 5.2Global Non-powered ground support equipment (GSE) Market by Region
Chapter 6.Global Ground Support Equipment Market by Application
- 6.1Global Aircraft Handling Market by Region
- 6.2Global Passenger Handling Market by Region
- 6.3Global Cargo Handling Market by Region
Chapter 7.Global Ground Support Equipment Market by Power Source
- 7.1Global Non-Electric Market by Region
- 7.2Global Electric Market by Region
- 7.3Global Hybrid Market by Region
Chapter 8.Global Ground Support Equipment Market by Region
- 8.1North America Ground Support Equipment Market
- 8.1.1North America Ground Support Equipment Market by Type
- 8.1.1.1North America Powered ground support equipment (GSE) Market by Country
- 8.1.1.2North America Non-powered ground support equipment (GSE) Market by Country
- 8.1.2North America Ground Support Equipment Market by Application
- 8.1.2.1North America Aircraft Handling Market by Country
- 8.1.2.2North America Passenger Handling Market by Country
- 8.1.2.3North America Cargo Handling Market by Country
- 8.1.3North America Ground Support Equipment Market by Power Source
- 8.1.3.1North America Non-Electric Market by Country
- 8.1.3.2North America Electric Market by Country
- 8.1.3.3North America Hybrid Market by Country
- 8.1.4North America Ground Support Equipment Market by Country
- 8.1.4.1US Ground Support Equipment Market
- 8.1.4.1.1US Ground Support Equipment Market by Type
- 8.1.4.1.2US Ground Support Equipment Market by Application
- 8.1.4.1.3US Ground Support Equipment Market by Power Source
- 8.1.4.2Canada Ground Support Equipment Market
- 8.1.4.2.1Canada Ground Support Equipment Market by Type
- 8.1.4.2.2Canada Ground Support Equipment Market by Application
- 8.1.4.2.3Canada Ground Support Equipment Market by Power Source
- 8.1.4.3Mexico Ground Support Equipment Market
- 8.1.4.3.1Mexico Ground Support Equipment Market by Type
- 8.1.4.3.2Mexico Ground Support Equipment Market by Application
- 8.1.4.3.3Mexico Ground Support Equipment Market by Power Source
- 8.1.4.4Rest of North America Ground Support Equipment Market
- 8.1.4.5.1Rest of North America Ground Support Equipment Market by Type
- 8.1.4.5.2Rest of North America Ground Support Equipment Market by Application
- 8.1.4.5.3Rest of North America Ground Support Equipment Market by Power Source
- 8.2Europe Ground Support Equipment Market
- 8.2.1Europe Ground Support Equipment Market by Type
- 8.2.1.1Europe Powered ground support equipment (GSE) Market by Country
- 8.2.1.2Europe Non-powered ground support equipment (GSE) Market by Country
- 8.2.2Europe Ground Support Equipment Market by Application
- 8.2.2.1Europe Aircraft Handling Market by Country
- 8.2.2.2Europe Passenger Handling Market by Country
- 8.2.2.3Europe Cargo Handling Market by Country
- 8.2.3Europe Ground Support Equipment Market by Power Source
- 8.2.3.1Europe Non-Electric Market by Country
- 8.2.3.2Europe Electric Market by Country
- 8.2.3.3Europe Hybrid Market by Country
- 8.2.4Europe Ground Support Equipment Market by Country
- 8.2.4.1Germany Ground Support Equipment Market
- 8.2.4.1.1Germany Ground Support Equipment Market by Type
- 8.2.4.1.2Germany Ground Support Equipment Market by Application
- 8.2.4.1.3Germany Ground Support Equipment Market by Power Source
- 8.2.4.2UK Ground Support Equipment Market
- 8.2.4.2.1UK Ground Support Equipment Market by Type
- 8.2.4.2.2UK Ground Support Equipment Market by Application
- 8.2.4.2.3UK Ground Support Equipment Market by Power Source
- 8.2.4.3France Ground Support Equipment Market
- 8.2.4.3.1France Ground Support Equipment Market by Type
- 8.2.4.3.2France Ground Support Equipment Market by Application
- 8.2.4.3.3France Ground Support Equipment Market by Power Source
- 8.2.4.4Russia Ground Support Equipment Market
- 8.2.4.4.1Russia Ground Support Equipment Market by Type
- 8.2.4.4.2Russia Ground Support Equipment Market by Application
- 8.2.4.4.3Russia Ground Support Equipment Market by Power Source
- 8.2.4.5Spain Ground Support Equipment Market
- 8.2.4.5.1Spain Ground Support Equipment Market by Type
- 8.2.4.5.2Spain Ground Support Equipment Market by Application
- 8.2.4.5.3Spain Ground Support Equipment Market by Power Source
- 8.2.4.6Italy Ground Support Equipment Market
- 8.2.4.6.1Italy Ground Support Equipment Market by Type
- 8.2.4.6.2Italy Ground Support Equipment Market by Application
- 8.2.4.6.3Italy Ground Support Equipment Market by Power Source
- 8.2.4.7Rest of Europe Ground Support Equipment Market
- 8.2.4.7.1Rest of Europe Ground Support Equipment Market by Type
- 8.2.4.7.2Rest of Europe Ground Support Equipment Market by Application
- 8.2.4.7.3Rest of Europe Ground Support Equipment Market by Power Source
- 8.3Asia Pacific Ground Support Equipment Market
- 8.3.1Asia Pacific Ground Support Equipment Market by Type
- 8.3.1.1Asia Pacific Powered ground support equipment (GSE) Market by Country
- 8.3.1.2Asia Pacific Non-powered ground support equipment (GSE) Market by Country
- 8.3.2Asia Pacific Ground Support Equipment Market by Application
- 8.3.2.1Asia Pacific Aircraft Handling Market by Country
- 8.3.2.2Asia Pacific Passenger Handling Market by Country
- 8.3.2.3Asia Pacific Cargo Handling Market by Country
- 8.3.3Asia Pacific Ground Support Equipment Market by Power Source
- 8.3.3.1Asia Pacific Non-Electric Market by Country
- 8.3.3.2Asia Pacific Electric Market by Country
- 8.3.3.3Asia Pacific Hybrid Market by Country
- 8.3.4Asia Pacific Ground Support Equipment Market by Country
- 8.3.4.1China Ground Support Equipment Market
- 8.3.4.1.1China Ground Support Equipment Market by Type
- 8.3.4.1.2China Ground Support Equipment Market by Application
- 8.3.4.1.3China Ground Support Equipment Market by Power Source
- 8.3.4.2Japan Ground Support Equipment Market
- 8.3.4.2.1Japan Ground Support Equipment Market by Type
- 8.3.4.2.2Japan Ground Support Equipment Market by Application
- 8.3.4.2.3Japan Ground Support Equipment Market by Power Source
- 8.3.4.3India Ground Support Equipment Market
- 8.3.4.3.1India Ground Support Equipment Market by Type
- 8.3.4.3.2India Ground Support Equipment Market by Application
- 8.3.4.3.3India Ground Support Equipment Market by Power Source
- 8.3.4.4South Korea Ground Support Equipment Market
- 8.3.4.4.1South Korea Ground Support Equipment Market by Type
- 8.3.4.4.2South Korea Ground Support Equipment Market by Application
- 8.3.4.4.3South Korea Ground Support Equipment Market by Power Source
- 8.3.4.5Australia Ground Support Equipment Market
- 8.3.4.5.1Australia Ground Support Equipment Market by Type
- 8.3.4.5.2Australia Ground Support Equipment Market by Application
- 8.3.4.5.3Australia Ground Support Equipment Market by Power Source
- 8.3.4.6Malaysia Ground Support Equipment Market
- 8.3.4.6.1Malaysia Ground Support Equipment Market by Type
- 8.3.4.6.2Malaysia Ground Support Equipment Market by Application
- 8.3.4.6.3Malaysia Ground Support Equipment Market by Power Source
- 8.3.4.7Rest of Asia Pacific Ground Support Equipment Market
- 8.3.4.7.1Rest of Asia Pacific Ground Support Equipment Market by Type
- 8.3.4.7.2Rest of Asia Pacific Ground Support Equipment Market by Application
- 8.3.4.7.3Rest of Asia Pacific Ground Support Equipment Market by Power Source
- 8.4LAMEA Ground Support Equipment Market
- 8.4.1LAMEA Ground Support Equipment Market by Type
- 8.4.1.1LAMEA Powered ground support equipment (GSE) Market by Country
- 8.4.1.2LAMEA Non-powered ground support equipment (GSE) Market by Country
- 8.4.2LAMEA Ground Support Equipment Market by Application
- 8.4.2.1LAMEA Aircraft Handling Market by Country
- 8.4.2.2LAMEA Passenger Handling Market by Country
- 8.4.2.3LAMEA Cargo Handling Market by Country
- 8.4.3LAMEA Ground Support Equipment Market by Power Source
- 8.4.3.1LAMEA Non-Electric Market by Country
- 8.4.3.2LAMEA Electric Market by Country
- 8.4.3.3LAMEA Hybrid Market by Country
- 8.4.4LAMEA Ground Support Equipment Market by Country
- 8.4.4.1Brazil Ground Support Equipment Market
- 8.4.4.1.1Brazil Ground Support Equipment Market by Type
- 8.4.4.1.2Brazil Ground Support Equipment Market by Application
- 8.4.4.1.3Brazil Ground Support Equipment Market by Power Source
- 8.4.4.2Argentina Ground Support Equipment Market
- 8.4.4.2.1Argentina Ground Support Equipment Market by Type
- 8.4.4.2.2Argentina Ground Support Equipment Market by Application
- 8.4.4.2.3Argentina Ground Support Equipment Market by Power Source
- 8.4.4.3UAE Ground Support Equipment Market
- 8.4.4.3.1UAE Ground Support Equipment Market by Type
- 8.4.4.3.2UAE Ground Support Equipment Market by Application
- 8.4.4.3.3UAE Ground Support Equipment Market by Power Source
- 8.4.4.4Saudi Arabia Ground Support Equipment Market
- 8.4.4.4.1Saudi Arabia Ground Support Equipment Market by Type
- 8.4.4.4.2Saudi Arabia Ground Support Equipment Market by Application
- 8.4.4.4.3Saudi Arabia Ground Support Equipment Market by Power Source
- 8.4.4.5South Africa Ground Support Equipment Market
- 8.4.4.5.1South Africa Ground Support Equipment Market by Type
- 8.4.4.5.2South Africa Ground Support Equipment Market by Application
- 8.4.4.5.3South Africa Ground Support Equipment Market by Power Source
- 8.4.4.6Nigeria Ground Support Equipment Market
- 8.4.4.6.1Nigeria Ground Support Equipment Market by Type
- 8.4.4.6.2Nigeria Ground Support Equipment Market by Application
- 8.4.4.6.3Nigeria Ground Support Equipment Market by Power Source
- 8.4.4.7Rest of LAMEA Ground Support Equipment Market
- 8.4.4.7.1Rest of LAMEA Ground Support Equipment Market by Type
- 8.4.4.7.2Rest of LAMEA Ground Support Equipment Market by Application
- 8.4.4.7.3Rest of LAMEA 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.
- 9.3AERO 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.
- 9.8Flofuel 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:
Chapter 10.Winning imperatives of Ground Support Equipment market