Ground support equipment (GSE) 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 increasing demand for ground support equipment to manage the loading, unloading, and servicing of airplanes efficiently, owing to the development in aviation traffic around the globe. The market is growing owing to technological improvements in GSE, including telematics, autonomous systems, and electric and hybrid cars. Airports are looking for more economical, eco-friendly, and efficient solutions. For instance, in May 2024, The International Air Transport Association (IATA) introduced a program reinforcing the industry’s aim of increasing the use of enhanced ground support equipment (Enhanced GSE). Enhanced GSE uses anti-collision and inching technology, which improves vehicle control, and increases docking accuracy. Additionally, most enhanced GSE is electrically powered, thereby delivering sustainability gains over most non-enhanced GSE.
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Effective ground support operations are essential to the aviation industry’s overall growth. Ground support equipment facilitates process simplification, shortens response times, and guarantees crew and passenger safety. Airports would not be able to manage the growing volume of air travel without enough GSE, which might result in delays, inefficiencies, and even safety hazards. According to the International Air Transport Association (IATA), in December 2022, the call for a transition to enhanced GSE is detailed in a newly published IATA study which estimates that the annual cost of ground damage could double to nearly $10.0 billion by 2035 unless preventive action is taken.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Ground Support Equipment Market by Platform
- Commercial
- Passenger Handling
- Cargo Handling
- Aircraft Handling
- Military
Global Ground Support Equipment Market by Type
- Fixed GSE
- Mobile GSE
Global Ground Support Equipment Market by Autonomy
- Conventional/Manned GSE
- Remotely Operated
- Autonomous
Global Ground Support Equipment Market by Power Source
- Non-Electric GSE
- Electric GSE
- Hybrid Electric GSE
Global Ground Support Equipment Market by Ownership
- Airport
- Airline
- Ground Support Operators
- GSE Lessor
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- AERO Specialties, Inc.
- Aeroservices Ltd.
- Avro GSE
- Charlatte America
- Global Ground Support LLC
- Hitzinger Power Solutions GmbH
- HYDRO SYSTEMS KG
- ITW GSE ApS
- Langa Industrial S.A.U.
- Mallaghan
- Millennium Aero Dynamics Pvt. Ltd.
- Mototok International GmbH
- Powervamp Ltd.
- TCR GROUP
- TLD GROUP
- TREPEL Airport Equipment GmbH
- Tronair Inc.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the ground support equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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