Ground Support Equipment Market Synopsis

Ground Support Equipment Market Size Was Valued at USD 8.8 Billion in 2023 and is Projected to Reach USD 15.3 Billion by 2032, Growing at a CAGR of 6.3% From 2024-2032.

Airports hangar stands for the type of apron tools and equipment used in airport terminals servicing aircraft in-between the flights. Usually, the bulk of type equipment is kept up-slope where the snow is not so steep or the risk of avalanche is lower, to allow retrieval for immediate use when demanded. GSE (Ground Support Equipment) is considered fundamental in providing the assurance of safe and competent operation of aircraft, prior to and subsequent to touchdown on the ground. The mentioned utilities is of immense significance in regards to the myriad of dredges people are dealing with from aircraft loading, maintenance, servicing and ground operations. Ground support component consists of standings and equipment for maintenance operations, aircraft tugs/tow tractors, passengers boarding steps/stairs, ground power units (GPUs), baggage handling system, cargo loaders/unloaders, refueling cars, ground cooling devices and others.

• GSE market has an important significance in having a well-performing airport and airline industry on a global level. It extends from the Tugs for aircraft, to the Baggage loaders as well as Ground power units and maintenance platforms. The aviation industry has been continuously gathering momentum and the air travel demand has increased tremendously, it is not unusual that the Ground Support Equipment market growth has been in the fast lane as well.
• Improvements of technology like the deployment of electrics and hybrids are the drivers of innovation in the whole area. Also, emissions issues, on the other hand, are very important discussions as the sector concentrates on environmental sustainability. Furthermore, the market itself is affected by few more elements: regulatory norms; airport development; and fleet expansion from airlines, which result in a dynamic and at the same time competitive environment that offers a wide variety of options for further expansion.
• In keeping with the ever-growing trend of version, airports are developing as the vehicle grounds supporting equipment market is also adapting to these needs. Now it is the time of the trend of automatization and digitalization to simplify existing process and to serve the target better. Furthermore, companies expand manufacturing and commerce by introducing eco-friendly solutions, for example, electric, and hybrid GSE in line with global system to cut the carbon gas emissions. The geographical aspect has influenced emerging countries with expanding aviation sectors which are currently key growth markets for GSE providers. Thus, the business players here source the potential market which present abundant opportunities.

Ground Support Equipment Market Trend Analysis

Increasing adoption of autonomous and semi-autonomous GSE solutions

• As mainly technological pioneering reveals the way of innovations in various industries and buzzes around the airports, the driverless GSE is the one that turns the tide for airports. This class of robotic systems equipped with sensors, AI algorithms and associated communication capabilities, can substitute humans in doing jobs such as baggage handling, aircraft towing and fuelling efficiently with no need of direct human attendance Through using GSE, automation can not only be operationally efficient but also make errors among manners decrease which will improve safety regulations as well. Nevertheless, in addition, they have cost reduction potential because they may show saving as time goes which causes their demand by the airport’s operators and airlines with the intention of optimizing their ground handling operations.
• However, the amenability of these ground systems to an autonomous ground support equipment is also not devoid of setbacks though. However, uniting with current airport establishments, conformance to regulations, and cybersecurity issues are significant challenges being encountered by industry players. Furthermore, together with the transition to autonomous systems, these investments may include technology, training and upgrades in infrastructures that not take a little money but a lot of money. However, autonomous GSE still has some challenges, but with the ongoing technological progress, development of regulatory frameworks and increased requirements to performance, the pace of automation in this field is expected to inescapably go faster.

Growing demand for sustainable solutions within the aviation industry

• With all eyes being on airports and airline industries for mitigating the increasing environmental concerns, airports as well as airlines are seeking the greener alternatives to the traditional fuels used for the power of GSE. This window of opportunity is wide open for manufacturers to explore the development of electric, hybrid, and alternative-fuel-powered ground support equipment that meets emission standards, and it rings the chimes of stringent environmental regulations. Through devoted financing in R&D with the purpose of the invention of green aviation, GSE providers are positioned to answer two questions at once; this is to address the necessity of sustainability as well as capture the ever-growing market segment which revolves around green operations in aviation.

Ground Support Equipment Market Segment Analysis:

Ground Support Equipment Market is segmented on the basis of Type, Power Source and Application.

By Type, Powered ground support equipment (GSE) segment is expected to dominate the market during the forecast period

• The powered ground support equipment category is expected to sustain a majority share in the ground equipment market largely in view of a number of factors. The effect of powered GSE is mainly reflected in multiple devices' operations like aircraft tugs, baggage loaders, ground power units, and air conditioning units, and so on.
• To be specific, they are necessary for airport operations in particular. As a result of the development and the growth of air travel and airport expansion on a worldwide scale, it is required the adoption of new technologies for powered GSE to ensure timeliness and reliability during aircraft handling, passenger related activities and maintenance tasks.
• Also, the technical breakthroughs including the combination of gas-and-electric power system and hybrid power system aim to improve the GSE performance which in contemporary times remain effective in the evolution toward the ecological aviation sector.
• This scenario played out, thereby giving thrilling opportunities to the players operating in the powered GSE segment to gain a stronghold which translates into great ventures for the manufacturers and suppliers in the market.

By Power Source, Non-electric segment is expected to held the largest share in 2023

• The airline industry is gradually transitioning to a more technologically sophisticated future, thus there is increasing investor interest in GSE technology. Meanwhile, the environmentally friendly segment, which includes the electric energy and hybrid component (the power remains by diesel, gasoline, and hydraulics), is gradually making its way forward, while the non-electric part (the equipment that is not electrified) still holds a significant share of the market.
• It reiterates that there is still a demand for efficient and economical sources of electrically powered GSE, especially in regions lacking sufficient infrastructures for them or in the operational areas where high performance types are required. The companies focused on this market need to fully utilize possible opportunities for enhancement, improvement in efficiency, and carbon emissions within the conventional power sources, and this way, they will be able to compete and also proceed by exploring areas where the environment is the main concern, though, the current technology frameworks are used.

Ground Support Equipment Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

• The Asia Pacific region is expected to continue a stable share (dominant) in the field of ground support equipment (GSEr) market over the coming years due to several factors.
• At the time when the region of Asia Pacific experiences fast economic growth and urbanization, the count of air travel demand is seen to soar up, which is manifested by investing in airport infrastructure as well as increasing fleet size.
• Due to such, it instigates an increasing necessity for up-to-date technology in support of this steadily growing wing of the aviation industry.
• Further, soaring incomes that are unsaved and changing life patterns are putting more pressure on air traveling in the region that is uplifting the GSE market.
• Therefore, topping this category also due to the government endeavours that aim to renovate airports facilities and increase the operational efficiency stands the Asia Pacific segment in the global GSE industry landscape.

Active Key Players in the Ground Support Equipment Market

• Illinois Tool Works Inc. (United States)
• Textron GSE (United States)
• Flightline Support Ltd (UK)
• Imai Aero-Equipment Mfg. Co., Ltd (Japan)
• JBT Corporation (United States)
• AERO SPECIALTIES, INC. (United States)
• GATE GSE (United States)
• Guangtai (China)
• TLD (Canada)
• Mallaghan (UK)
• Other key Players

Key Industry Developments in the Ground Support Equipment Market:

• On March 2023, Altaport signing a strategic partnership agreement with Electro will be our next step too. Aero, TruWeather, 1200. They combined interchangeable aero, Moonware Fortem and ResilienX to offer a unique vertiport management solution that handles activities on land, including ground operations such as movement and allocation of ground support equipment (GSE) as well as inputs of data like Automatic Dependent Surveillance-Broadcast (ADS-B), low altitude micro-weather, airspace incursions sensors, and foreign object debris
• February -02, 2023 marked the stage of both Aurrigo International plc and Changi Airport Group (Singapore) agreeing on a deal. Besides the validation programming process, it enables the continuous user testing and development of simulation software Auto-Sim to support the automation of airport operation, such as Auto-Dolly and Auto-DollyTug and the other types of electric autonomous baggage vehicles by the company.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. GROUND SUPPORT EQUIPMENT MARKET BY TYPE (2017-2032)
   1. GROUND SUPPORT EQUIPMENT MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. POWERED GROUND SUPPORT EQUIPMENT (GSE)
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. NON-POWERED GROUND SUPPORT EQUIPMENT (GSE)
7. GROUND SUPPORT EQUIPMENT MARKET BY POWER SOURCE (2017-2032)
   1. GROUND SUPPORT EQUIPMENT MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. NON-ELECTRIC
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. HYBRID
   5. ELECTRIC
8. GROUND SUPPORT EQUIPMENT MARKET BY APPLICATION (2017-2032)
   1. GROUND SUPPORT EQUIPMENT MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. AIRCRAFT HANDLING
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. PASSENGER HANDLING
   5. CARGO HANDLING
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. Ground Support Equipment Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. ILLINOIS TOOL WORKS INC. (UNITED STATES)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. TEXTRON GSE (UNITED STATES)
   4. FLIGHTLINE SUPPORT LTD (UK)
   5. IMAI AERO-EQUIPMENT MFG. CO., LTD (JAPAN)
   6. JBT CORPORATION (UNITED STATES)
   7. AERO SPECIALTIES, INC. (UNITED STATES)
   8. GATE GSE (UNITED STATES)
   9. GUANGTAI (CHINA)
   10. TLD (CANADA)
   11. MALLAGHAN (UK)
10. GLOBAL GROUND SUPPORT EQUIPMENT MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By Power Source
       5. Historic And Forecasted Market Size By Application
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. GROUND SUPPORT EQUIPMENT (GSE) MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. GROUND SUPPORT EQUIPMENT (GSE) MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. GROUND SUPPORT EQUIPMENT (GSE) MARKET COMPETITIVE RIVALRY
TABLE 005. GROUND SUPPORT EQUIPMENT (GSE) MARKET THREAT OF NEW ENTRANTS
TABLE 006. GROUND SUPPORT EQUIPMENT (GSE) MARKET THREAT OF SUBSTITUTES
TABLE 007. GROUND SUPPORT EQUIPMENT (GSE) MARKET BY TYPE
TABLE 008. ELECTRIC MARKET OVERVIEW (2016-2028)
TABLE 009. NON-ELECTRIC & HYBRID MARKET OVERVIEW (2016-2028)
TABLE 010. GROUND SUPPORT EQUIPMENT (GSE) MARKET BY APPLICATION
TABLE 011. PASSENGER MARKET OVERVIEW (2016-2028)
TABLE 012. CARGO & AIRCRAFT MARKET OVERVIEW (2016-2028)
TABLE 013. NORTH AMERICA GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY TYPE (2016-2028)
TABLE 014. NORTH AMERICA GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY APPLICATION (2016-2028)
TABLE 015. N GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY COUNTRY (2016-2028)
TABLE 016. EUROPE GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY TYPE (2016-2028)
TABLE 017. EUROPE GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY APPLICATION (2016-2028)
TABLE 018. GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY COUNTRY (2016-2028)
TABLE 019. ASIA PACIFIC GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY TYPE (2016-2028)
TABLE 020. ASIA PACIFIC GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY APPLICATION (2016-2028)
TABLE 021. GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY COUNTRY (2016-2028)
TABLE 022. MIDDLE EAST & AFRICA GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY TYPE (2016-2028)
TABLE 023. MIDDLE EAST & AFRICA GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY APPLICATION (2016-2028)
TABLE 024. GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY COUNTRY (2016-2028)
TABLE 025. SOUTH AMERICA GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY TYPE (2016-2028)
TABLE 026. SOUTH AMERICA GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY APPLICATION (2016-2028)
TABLE 027. GROUND SUPPORT EQUIPMENT (GSE) MARKET, BY COUNTRY (2016-2028)
TABLE 028. TELEFLEX LIONEL-DUPONT (TLD): SNAPSHOT
TABLE 029. TELEFLEX LIONEL-DUPONT (TLD): BUSINESS PERFORMANCE
TABLE 030. TELEFLEX LIONEL-DUPONT (TLD): PRODUCT PORTFOLIO
TABLE 031. TELEFLEX LIONEL-DUPONT (TLD): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 031. TRONAIR: SNAPSHOT
TABLE 032. TRONAIR: BUSINESS PERFORMANCE
TABLE 033. TRONAIR: PRODUCT PORTFOLIO
TABLE 034. TRONAIR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. AVIATION GSE: SNAPSHOT
TABLE 035. AVIATION GSE: BUSINESS PERFORMANCE
TABLE 036. AVIATION GSE: PRODUCT PORTFOLIO
TABLE 037. AVIATION GSE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. JOHN BEAN TECHNOLOGIES CORPORATION (JBT): SNAPSHOT
TABLE 038. JOHN BEAN TECHNOLOGIES CORPORATION (JBT): BUSINESS PERFORMANCE
TABLE 039. JOHN BEAN TECHNOLOGIES CORPORATION (JBT): PRODUCT PORTFOLIO
TABLE 040. JOHN BEAN TECHNOLOGIES CORPORATION (JBT): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. CAVOTEC: SNAPSHOT
TABLE 041. CAVOTEC: BUSINESS PERFORMANCE
TABLE 042. CAVOTEC: PRODUCT PORTFOLIO
TABLE 043. CAVOTEC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. TOYOTA INDUSTRIES: SNAPSHOT
TABLE 044. TOYOTA INDUSTRIES: BUSINESS PERFORMANCE
TABLE 045. TOYOTA INDUSTRIES: PRODUCT PORTFOLIO
TABLE 046. TOYOTA INDUSTRIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. TUG TECHNOLOGIES: SNAPSHOT
TABLE 047. TUG TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 048. TUG TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 049. TUG TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. AERO SPECIALTIES: SNAPSHOT
TABLE 050. AERO SPECIALTIES: BUSINESS PERFORMANCE
TABLE 051. AERO SPECIALTIES: PRODUCT PORTFOLIO
TABLE 052. AERO SPECIALTIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. S-P-S: SNAPSHOT
TABLE 053. S-P-S: BUSINESS PERFORMANCE
TABLE 054. S-P-S: PRODUCT PORTFOLIO
TABLE 055. S-P-S: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. VICTORY GSE: SNAPSHOT
TABLE 056. VICTORY GSE: BUSINESS PERFORMANCE
TABLE 057. VICTORY GSE: PRODUCT PORTFOLIO
TABLE 058. VICTORY GSE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. AERO SUPPORT GROUP: SNAPSHOT
TABLE 059. AERO SUPPORT GROUP: BUSINESS PERFORMANCE
TABLE 060. AERO SUPPORT GROUP: PRODUCT PORTFOLIO
TABLE 061. AERO SUPPORT GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. GROUND SUPPORT EQUIPMENT (GSE) MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. GROUND SUPPORT EQUIPMENT (GSE) MARKET OVERVIEW BY TYPE
FIGURE 012. ELECTRIC MARKET OVERVIEW (2016-2028)
FIGURE 013. NON-ELECTRIC & HYBRID MARKET OVERVIEW (2016-2028)
FIGURE 014. GROUND SUPPORT EQUIPMENT (GSE) MARKET OVERVIEW BY APPLICATION
FIGURE 015. PASSENGER MARKET OVERVIEW (2016-2028)
FIGURE 016. CARGO & AIRCRAFT MARKET OVERVIEW (2016-2028)
FIGURE 017. NORTH AMERICA GROUND SUPPORT EQUIPMENT (GSE) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 018. EUROPE GROUND SUPPORT EQUIPMENT (GSE) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 019. ASIA PACIFIC GROUND SUPPORT EQUIPMENT (GSE) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. MIDDLE EAST & AFRICA GROUND SUPPORT EQUIPMENT (GSE) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. SOUTH AMERICA GROUND SUPPORT EQUIPMENT (GSE) MARKET OVERVIEW BY COUNTRY (2016-2028)