Global ground support equipment market is anticipated to grow at a significant CAGR of 14.3% during the forecast period (2024-2031). The market growth is attributed to the growing demand for effective ground support equipment (GSE) is rising along with the volume of passengers. Additionally optimizing ground operations as airports work to manage more aircraft movements and quick turnaround times globally driving the growth of the market. Airports mostly use GSE to provide aircraft with services in between flights.
Browse the full report description of “Ground Support Equipment Market Size, Share & Trends Analysis Report by Platform (Commercial and Military), by Type (Fixed GSE and Mobile GSE), by Autonomy (Conventional/Manned GSE, Remotely Operated and Autonomous), by Power Source (Non-Electric GSE, Electric GSE and Hybrid Electric GSE), and by Ownership (Airport, Airline, Ground Support Operators and GSE Lessor), Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/ground-support-equipment-market
The primary purpose of ground support equipment is to ensure that aircraft operate safely both during landing and takeoff at the airport. Ground power operation, cargo, and passenger loading are all included in the GSE. For instance, in December 2023, DHL Express UK announced a £16.0 million ($17.3 million) investment in electric ground service vehicles and infrastructure at East Midlands Airport, demonstrating international trade is being supported with electric power. The new equipment includes 28 electric tugs, 5 state-of-the-art el ectric ‘nose lifter’ vehicles that lift aircraft to push them back from their parking stands, five high-loaders, and 6 electric belt-loaders to lose load shipments.
The airplane is serviced with equipment in between flights. Ground support equipment serves the purpose of assisting aircraft operations while they are on the ground, as its name implies. For instance, in August 2023, SAHCO PLC introduced new ultra-modern ground support equipment. Skyway Aviation Handling Company PLC (SAHCO) has expanded its aviation ground support equipment (GSE) fleet with new ultra-modern equipment to adjust to its expanding business activities.
Market players are offering innovative solutions for ground support equipment driven by a powerful lithium-ion electric drivetrain for cost-effective, quiet, and energy-efficient operation. For instance, in October 2021, Textron Ground Support Equipment Inc. introduced its new TUG® 660 Li belt loader, powered by a high-performance lithium-ion electric drivetrain to offer quiet, energy-efficient, and low-cost operation.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Platform
o By Type
o By Autonomy
o By Power Source
o By Ownership
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Cavotec SA, Honeywell International Inc., Oshkosh Aerotech LLC, Textron Inc., Weihai Guangtai Airport Equipment Co. Ltd. among others.
Key questions addressed by the report.
Global Ground Support Equipment Market Report Segment
By Platform
• Commercial
o Passenger Handling
o Cargo Handling
o Aircraft Handling
• Military
By Type
By Autonomy
By Power Source
By Ownership
Global Ground Support Equipment Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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