Global Military and Defense Ground Support Equipment Market Growth (Status and Outlook) 2024-2030

Global Military and Defense Ground Support Equipment Market Growth (Status and Outlook) 2024-2030

Military forces worldwide recognize the importance of maintaining a high state of readiness to respond rapidly to emerging threats or conflicts. Ground support equipment plays a pivotal role in achieving and sustaining this readiness by ensuring that military assets are well-maintained, properly serviced, and ready for deployment at any given time.

The global Military and Defense Ground Support Equipment market size is projected to grow from US$ 872 million in 2024 to US$ 1216 million in 2030; it is expected to grow at a CAGR of 5.7% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Military and Defense Ground Support Equipment Industry Forecast” looks at past sales and reviews total world Military and Defense Ground Support Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Military and Defense Ground Support Equipment sales for 2023 through 2029. With Military and Defense 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 Military and Defense Ground Support Equipment industry.

This Insight Report provides a comprehensive analysis of the global Military and Defense 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 analyses the strategies of leading global companies with a focus on Military and Defense 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 Military and Defense Ground Support Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Military and Defense 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 Military and Defense Ground Support Equipment.

Global military spending hit a record high of $2.4 trillion in 2023 after increasing by 6.8% from the previous year, a report by the Stockholm International Peace Research Institute said. The Ukraine-Russia war, tensions in the Middle East and other trends contributed to the jump according to the report. The U.S., China and Russia were the three biggest military spenders in 2023. As a result demand for Military & Defense Ground Support Equipment will increase due to technological advancement and modernization. Thus, driving the Military & Defense Ground Support Equipment market revenue.

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

Segmentation by Type:
Fixed
Mobile

Segmentation by Application:
Fighter Jet
Transport Aircraft
Special Mission Aircraft

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

Segmentation by Type:
Fixed
Mobile

Segmentation by Application:
Fighter Jet
Transport Aircraft
Special Mission Aircraft

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.
Air+MAK Industries Inc.
ATEC, Inc.
Cavotec SA
GATE GSE
Rheinmetall AG
Tronair Inc.
Unitron, LP.
Hydraulics International Inc.
ITW GSE ApS
JBT Corporation

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