Aircraft Ground Support Equipment Market Highlights

The Aircraft Ground Support Equipment Market is anticipated to reach a valuation of USD 9.6 billion, expanding at a CAGR of 6.4% from 2020 to 2030.

Airport Ground Support Equipment (GSE) Market  is critical to the functioning of terminal areas at airports. This equipment supports aircraft maintenance and service during flights' stopovers. Key applications of GSE include aircraft handling, passenger handling, and cargo handling. The market's growth is driven by increasing air passenger numbers, rising freight traffic, expanded warehouse operations at airports, and numerous airport expansions. However, challenges such as high maintenance costs and the significant expense involved in replacing ground support equipment may hinder market growth. Despite these challenges, the airport ground support equipment market is expected to experience a robust CAGR of 12% during the forecast period.

Regional Analysis:

The market is segmented by region into North America, Asia Pacific, Europe, and Latin America.

• North America: The demand for electric and hybrid ground support equipment is rising, bolstering the region's market presence. This increase is driven by the need for sustainable and efficient airport operations.
• Asia Pacific: High investments in airport infrastructure and growing air passenger traffic in developing countries like India and China are expected to boost the market. Significant contracts in the region further drive growth. For instance, Teleflex Lionel-Dupont Group signed a contract with KLM in 2017 to supply a fully electric fleet loader. Additionally, JBT Corporation's acquisition of Aircraft Maintenance Support Services Ltd (AMSS) in 2017 expanded its presence in the equipment maintenance market.

Scope of the Report:

This study provides an overview of the Airport Ground Support Equipment Market, tracking four market segments across five geographic regions. The report covers key players, offering a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and Latin America. The report also forecasts market opportunities for the next five years in each region. The study segments the airport ground support equipment market by type, equipment, application, end-user, and region.

Market Segmentation:

• By Type:
  • Electric
  • Non-electric
  • Hybrid
• By Equipment:
  • Assembly Tool
  • Movement Equipment
• By Application:
  • Aircraft Handling
  • Cargo Handling
  • Passenger Handling
• By End-user:
  • Defense
  • Commercial
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Key Players:

Prominent players in the airport ground support equipment market include:

• Teleflex Lionel-Dupont Group (France)
• JBT Corporation (U.S.)
• Tug Technologies Corporation (U.S.)
• AMSS GSE (U.K)
• Tronair Inc. (U.S.)
• Mallaghan Engineering Ltd. (U.K)
• Mulag Fahrzeugwerk GmbH (Germany)
• Shenzhen Cimc-Tianda Airport Support Co. Ltd. (China)
• Gate GSE (Belgium)
• Avia Equipment Pte Ltd (Singapore)

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