Ground Support Equipment Market

Introduction of the Global Ground Support Equipment Market Report

The ground support equipment refers to the support equipment used in the airport, especially on the apron, the servicing area by the terminal. This type of equipment is majorly used to service the aircraft between flights and supports the operation of aircraft whilst on the ground.

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Market Dynamic

Key Drivers and Emerging Trends

The major factors that are contributing to the growth of the global ground support equipment market include the continuous expansion and development of airport infrastructure. As per The World Bank, in 2019, the total number of passengers carried in air transport amounted to 4.39 billion around the world, which was 4.24 billion for the year 2018. Thus, the rising global air traffic, mainly due to the rising number of people who are opting for air travel, is further propelling the growth of the market over the coming years. Airports are expanding their operation, with each gate of airports needs ground support equipment to capture to the needs of aircraft parked at the gate or apron.

The constant innovation in technologies used in the ground support equipment is responsible for the market growth. The launch of hybrid ground support equipment, new batteries, fast charging port, and improved electric ground support equipment with low maintenance costs is driving the demand of the market. In 2019, Vesterguard launched the Elephant BETA deicer, with the ability to deice 15-20 aircraft without running the truck’s chassis engine. Furthermore, the rising focus on improving the operational efficiency of the airports is indirectly impacting the market growth. The underground ground support equipment improves the speed of operations and decreases the congestion of equipment in airports. For example, airports in Latin America and the Caribbean are using Collaborative Decision Making (CDM) tools for their operational efficiency since 2019. Thus, such factors will further drive the growth of the ground support equipment market share in terms of revenue.

Restraints in the Global Ground Support Equipment Market

As per the ground support equipment market analysis, the high acquisition cost of electric ground support equipment is hampering the growth of the market. The cost of this equipment is 50% higher than the cost of conventional ground support equipment. Due to this factor, small and medium sizes airports face challenges in deploying electric ground support equipment.

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Type – Segment Analysis

Based on the type, the mobile ground support equipment is expected to grow at a higher CAGR during the forecast period. The mobile GSE has an important role in airport operations as they allow airlines to achieve on-time performance. The rising number of airport expansion projects is a key driver that is contributing to the growth of the segment over the forecast period. The mobile GSE includes forklifts, container pallet transporters, baggage tractors, boarding stairs, passenger buses, among others.

Power Source – Segment Analysis

Based on the power source, the non-electric ground support equipment is projected to dominate the market over the forecast period. The continuous airport expansions and the increasing number of aircraft movements in the developing countries of the Asia-Pacific region will surge the growth of the segment. For example, in India, there are various on-going airport projects such as Hollongi, Tiruchirappalli airport, Surat airport, among others. The non-electric GSE is cheaper as compared to the electric GSE, which is further supporting its growth. Additionally, these vehicles have better performance and helps in improving the air quality for GSE and other airport personnel.

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Regional – Segment Analysis:

Based on the region, North America is predicted to dominate the market during the forecast period. The increasing investments in airports for modernization and improving airport infrastructure is responsible for the regional market growth. In 2016, the government of the U.S. allowed 100% FDI in airlines and relaxed norms & regulations for overseas investments in brownfield airports. The GSE manufacturers are facing intense pressure to decrease emissions from the equipment due to the implementation of U.S. State Clean Vehicle and Incentives. Thus, the rising emphasis on airlines will open new doors for market growth. On the other hand, the Asia-Pacific is expected to grow at a higher CAGR during the forecast period. This is mainly due to the increasing investment in the aviation industry by China and India. As per the International Air Transports Association (IATA), China will be the largest aviation market in terms of air travelers and ill surpass U.S. by 2024.

Top Market Players

Some of the leading players operating in the market include JBT, TLD, Mallaghan, Textron Ground Support Equipment Inc., Tronair, Cavotec SA, Advanced Charging Technologies, Minit-Charger, Exide Technologies, and ENERSYS, among others.

Key Developments:

• • In 2020, ENERSYS introduced the NexSys PURE PACK Battery and on-board charger system. The new comprehensive solution comprises of the latest generation of NexSys PURE Thin Plate Pure Lead (TPPL) batteries, which are integrated with the Delta-Q on-board charger and Wi-iQ battery monitoring device.
  • In 2018, JBT added 5^th conventional pushback tractor, which is capable of handling wide-body aircrafts such as B767, A300, A310, among others.

Segments covered in the Report:

The global ground support equipment market has been segmented on the basis of point of sale, platform, type, power source, mode of operation, and regions. Based on point of sale, the market is segmented into equipment and maintenance services. Based on platform, the market is segmented into commercial and military. Based on type, the market is segmented into mobile ground support equipment and fixed ground support equipment. Based on power source, the market is segmented into non-electric ground support equipment, electric ground support equipment, and hybrid ground support equipment. Based on the mode of operation, the market is segmented into conventional/manned ground support equipment, remotely operated ground support equipment, and autonomous ground support equipment. 

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Key questions answered in this research report:

• • At what pace is the global ground support equipment market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global ground support equipment market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global ground support equipment market?
  • Which point of sale generated maximum revenues in 2019 and identify the most promising point of sale during the forecast period?
  • What are the various platform areas of the global ground support equipment market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Point of Sale, By Platform, By Type, By Power Source, By Mode of Operation, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	JBT, TLD, Mallaghan, Textron Ground Support Equipment Inc., Tronair, Cavotec SA, Advanced Charging Technologies, Minit-Charger, Exide Technologies, and ENERSYS, among others. ; a total of 10 companies covered
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Ground Support Equipment Market by Point of Sale

• • Equipment
  • Maintenance Services

Global Ground Support Equipment Market by Platform

• • Commercial
  • Military

Global Ground Support Equipment Market by Type

• • Mobile Ground Support Equipment
  • Fixed ground Support Equipment

Global Ground Support Equipment Market by Power Source

• • Non-Electric Ground Support Equipment
  • Electric Ground Support Equipment
  • Hybrid Ground Support Equipment

Global Ground Support Equipment Market by Mode of Operation

• • Conventional/Manned Ground Support Equipment
  • Remotely Operated Ground Support Equipment
  • Autonomous Ground Support Equipment

Global Ground Support Equipment Market by Region

• • North America Ground Support Equipment Market (Option 1: As a part of the free 25% customization)
    • North America Ground Support Equipment Market by Point of Sale
    • North America Ground Support Equipment Market by Platform
    • North America Ground Support Equipment Market by Type
    • North America Ground Support Equipment Market by Power Source
    • North America Ground Support Equipment Market by Mode of Operation
    • US Ground Support Equipment Market All-Up
    • Canada Ground Support Equipment Market All-Up
  • Europe Ground Support Equipment Market (Option 2: As a part of the free 25% customization)
    • Europe Ground Support Equipment Market by Point of Sale
    • Europe Ground Support Equipment Market by Platform
    • Europe Ground Support Equipment Market by Type
    • Europe Ground Support Equipment Market by Power Source
    • Europe Ground Support Equipment Market by Mode of Operation
    • UK Ground Support Equipment Market All-Up
    • Germany Ground Support Equipment Market All-Up
    • France Ground Support Equipment Market All-Up
    • Spain Ground Support Equipment Market All-Up
    • Rest of Europe Ground Support Equipment Market All-Up
  • Asia-Pacific Ground Support Equipment Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Ground Support Equipment Market by Point of Sale
    • Asia-Pacific Ground Support Equipment Market by Platform
    • Asia-Pacific Ground Support Equipment Market by Type
    • Asia-Pacific Ground Support Equipment Market by Power Source
    • Asia-Pacific Ground Support Equipment Market by Mode of Operation
    • China Ground Support Equipment Market All-Up
    • India Ground Support Equipment Market All-Up
    • Japan Ground Support Equipment Market All-Up
    • Rest of APAC Ground Support Equipment Market All-Up
  • RoW Ground Support Equipment Market (Option 4: As a part of the free 25% customization)
    • RoW Ground Support Equipment Market by Point of Sale
    • RoW Ground Support Equipment Market by Platform
    • RoW Ground Support Equipment Market by Type
    • RoW Ground Support Equipment Market by Power Source
    • RoW Ground Support Equipment Market by Mode of Operation
    • Brazil Ground Support Equipment Market All-Up
    • South Africa Ground Support Equipment Market All-Up
    • Saudi Arabia Ground Support Equipment Market All-Up
    • UAE Ground Support Equipment Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Ground Support Equipment Market All-Up

Major Players Operating in the Global Ground Support Equipment Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • JBT
  • TLD
  • Mallaghan
  • Textron Ground Support Equipment Inc.
  • Tronair
  • Cavotec SA
  • Advanced Charging Technologies
  • Minit-Charger
  • Exide Technologies
  • ENERSYS