Global Ground Support Equipment Market Growth 2023-2029

Global Ground Support Equipment Market Growth 2023-2029

Ground Support Equipment (GSE) is the support equipment found at an airport, usually on the ramp, the servicing area by the terminal. This equipment is used to service the aircraft between flights. As the name suggests, ground support equipment is there to support the operations of aircraft whilst on the ground. The role this equipment plays generally involves ground power operations, aircraft mobility, and cargo/passenger loading operations.

LPI (LP Information)' newest research report, the “Ground Support Equipment Industry Forecast” looks at past sales and reviews total world Ground Support Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Ground Support Equipment sales for 2023 through 2029. With Ground Support Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ground Support Equipment industry.

This Insight Report provides a comprehensive analysis of the global Ground Support Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ground Support Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ground Support Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ground Support Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ground Support Equipment.

The global Ground Support Equipment market size is projected to grow from US$ 2434.8 million in 2022 to US$ 3541.3 million in 2029; it is expected to grow at a CAGR of 3541.3 from 2023 to 2029.

TLD Group and JBT Corporation are the top 2 players of Ground Support Equipment, with about 33% market shares.

North America occupied 46% of the revenue market. It is followed by Europe and Asia-Pacific, which respectively account for around 31% and 17% of the global total industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Ground Support Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Powered Equipment

Non-Powered Equipment

Segmentation by application

Passenger Service

Cargo Service

Aircraft Service

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

TLD Group

JBT Corporation

Tug Technologies Corporation

Fast Global Solutions

Mallaghan

HYDRO

MULAG

Nepean

Tronair

Aero Specialties

Global Ground Support

Toyota Industries Corp

DOLL

Gate GSE

Guangtai Airports Equipment

Shenzhen TECHKING

Hangfu Airdrome Equipment

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ground Support Equipment market?

What factors are driving Ground Support Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ground Support Equipment market opportunities vary by end market size?

How does Ground Support Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.