Global Ground Support Equipment  Market

Ground Support Equipment Market Size, Share, Growth Analysis, By Type(Aircraft Tractors, Passenger Boarding Bridges, Aircraft Tugs, Cargo Loaders and Others.), By Application(Commercial Airports, Military Airports, and Private Airports), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20A2215 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 64 | Figures: 75

Ground Support Equipment Market Insights

Ground Support Equipment Market size was valued at USD 4.07 billion in 2021 and is poised to grow from USD 4.39 billion in 2022 to USD 8.07 billion by 2030, growing at a CAGR of 7.9% in the forecast period (2023-2030).

This market's growth can be attributed to various factors, including the increasing air passenger traffic, rising demand for efficient airport operations, and technological advancements in GSE. One of the key drivers behind the growth of the global ground support equipment market is the exponential growth in air passenger traffic worldwide. The aviation industry has been experiencing a steady rise in the number of air travelers, driven by factors such as increasing disposable incomes, tourism activities, and globalization of businesses. As airports strive to accommodate this surge in passenger numbers, the demand for ground support equipment, such as aircraft tugs, baggage handling systems, and passenger boarding bridges, has surged. Efficiency and safety are crucial aspects of airport operations, and this has further fueled the demand for advanced ground support equipment. Airlines and airport authorities are increasingly investing in modern GSE to enhance their operational capabilities, reduce turnaround times, and improve overall passenger experience. Automated and electric-powered ground support equipment are gaining traction due to their ability to reduce emissions, noise levels, and operating costs. Moreover, regulatory initiatives aimed at reducing carbon footprints and promoting sustainable practices have also played a significant role in shaping the global ground support equipment market. Airlines and airport operators are under increasing pressure to adopt eco-friendly technologies, which has led to the adoption of electric and hybrid GSE. Manufacturers in the industry are focusing on developing innovative and sustainable GSE solutions to meet these environmental demands. The market for ground support equipment is also witnessing technological advancements, which are further propelling its growth. Advancements in data analytics, telematics, and Internet of Things (IoT) have enabled the development of smart ground support equipment. These intelligent systems can collect and analyze real-time data, allowing operators to make data-driven decisions, optimize equipment performance, and minimize downtime.

US Ground Support Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.



Ground Support Equipment Market size was valued at USD 4.07 billion in 2021 and is poised to grow from USD 4.39 billion in 2022 to USD 8.07 billion by 2030, growing at a CAGR of 7.9% in the forecast period (2023-2030).

The ground support equipment (GSE) market is characterized by intense competition and a diverse range of players catering to the aviation industry. Ground support equipment refers to the machinery and tools used to service and support aircraft during their time on the ground, encompassing a wide array of equipment like baggage loaders, aircraft tugs, passenger stairs, and refueling trucks. 'Textron Ground Support Equipment (US)', 'TLD Group (France)', 'JBT Corporation (US)', 'Mallaghan Engineering Ltd. (UK)', 'Cavotec SA (Switzerland)', 'Tronair Inc. (US)', 'Mulag Fahrzeugwerk (Germany)', 'AERO Specialties, Inc. (US)', 'Weihai Guangtai Airport Equipment Co., Ltd. (China)', 'AERO-PAC (US)', 'Ground Support LLC (US)', 'Flyer-Truck (Belgium)', 'Clyde Machines Inc. (US)', 'Douglas Equipment Ltd. (Canada)', 'Unitron LP (US)', 'Harlan Manufacturing, LLC (US)', 'GSE COMPOSYSTEM (Italy)', 'Guangdong Olenc Power Generation Co., Ltd. (China)', 'Hangfu Airdrome Equipment Co., Ltd. (China)', 'Powervamp Ltd. (UK)'

Many airports worldwide are undergoing modernization and expansion projects to accommodate larger aircraft and handle higher passenger capacities. These developments necessitate the adoption of advanced ground support equipment that can handle the requirements of modern aircraft and enhance operational efficiency.

Eco-friendly and Sustainable GSE Solutions: With increasing environmental concerns and the aviation industry's commitment to reducing carbon emissions, there is a rising demand for ground support equipment that operates on cleaner and more energy-efficient technologies. Manufacturers and operators are increasingly investing in electric and hybrid-powered GSE, as well as exploring alternative fuels to replace conventional diesel-powered equipment. Additionally, advancements in battery technology have led to the development of more powerful and long-lasting electric GSE, enabling them to handle the rigorous demands of airport operations. This shift towards eco-friendly GSE not only aligns with the industry's sustainability goals but also helps reduce operational costs and improve air quality in and around airports, making it a prominent market trend in the ground support equipment industry.

Among the various regions contributing to the ground support equipment (GSE) market, the most dominant region is North America. North America has a well-established aviation industry and hosts some of the busiest airports in the world. The region's dominant position can be attributed to the presence of major airlines, substantial cargo traffic, and a strong focus on modernizing airport infrastructure. Additionally, stringent safety regulations and a high emphasis on operational efficiency have led to the widespread adoption of advanced ground support equipment in the region.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.


Feedback From Our Clients

Global Ground Support Equipment  Market

Report ID: SQMIG20A2215