US Airport Ground Handling Systems Market Size study, by Type (Aircraft Handling, Passenger Handling, Cargo and Baggage Handling), by Power Source (Non-electric, Electric) Forecasts 2022-2032
US Airport Ground Handling Systems Market Size study, by Type (Aircraft Handling, Passenger Handling, Cargo and Baggage Handling), by Power Source (Non-electric, Electric) Forecasts 2022-2032
US Airport Ground Handling Systems Market is valued at approximately USD 935 million in 2023 and is anticipated to grow with a healthy growth rate of more than 14.17% over the forecast period 2024-2032. Airport Ground Handling Systems encompass the range of services and equipment used to support an aircraft's operations while it is on the ground. These systems include baggage handling, aircraft towing, refueling, catering, cabin cleaning, and passenger boarding assistance. They ensure efficient turnaround times, safety, and operational efficiency. Ground handling systems facilitate seamless transitions between landing, unloading, reloading, and take-off. Their application is crucial for minimizing delays, optimizing airport logistics, and enhancing the passenger experience. By streamlining ground operations, these systems contribute to the overall efficiency and effectiveness of airport and airline operations. Also, the growing focus on sustainability is driving the adoption of electric and hybrid ground support equipment, energy-efficient systems, and eco-friendly technologies in U.S. airports. This trend is boosting US Airport Ground Handling Systems Market growth by reducing emissions, enhancing energy efficiency, and aligning airport operations with environmental regulations and sustainability goals.
Moreover, the growth of the US Airport Ground Handling Systems Market is driven significantly by the rising air passenger traffic, which necessitates enhanced efficiency in ground operations. The increase in passenger numbers is driving airports to implement advanced ground handling systems, aiming to facilitate swift and efficient turnarounds. This effort is shift towards enhancing both customer satisfaction and operational effectiveness. . Additionally, the increasing focus on airport infrastructure development, technological advancements in ground handling equipment, stringent safety regulations necessitating modernized systems, and the rise of low-cost carriers demanding efficient and cost-effective ground handling solutions are further contributing to the market growth across the region. Thereby, these factors contribute to the robust growth of the airport ground handling systems market in the U.S. However, the high initial capital investment is expected to hinder the market growth during the forecast period 2024-2032.
Major market player included in this report are: Menzies Aviation Limited Textron Inc. John Bean Technologies Corp. Company 4 Company 5 Company 6 Company 7 Company 8 Company 9 Company 10
The detailed segments and sub-segment of the market are explained below:
By Type Aircraft Handling Passenger Handling Cargo and Baggage Handling
By Power Source Non-electric Electric
Years considered for the study are as follows: Historical year – 2022 Base year – 2023 Forecast period – 2024 to 2032
Key Takeaways: Market Estimates & Forecast for 10 years from 2022 to 2032. Annualized revenues and Country level analysis for each market segment. Detailed analysis of geographical landscape with Country level analysis of major regions. Competitive landscape with information on major players in the market. Analysis of key business strategies and recommendations on future market approach. Analysis of competitive structure of the market. Demand side and supply side analysis of the market
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Chapter 1. US Airport Ground Handling Systems Market Definition and Research Assumptions