Aircraft Ground Support Equipment Market Size, Share, Growth and Industry Analysis by Type (Hybrid Support Equipment, Electric Support Equipment, And, Non-Electric Support Equipment), By Application (Passenger Handling, Cargo Handling, And, Others), Regional Insights and Forecast From 2025 To 2033
Trending Insights

Global Leaders in Strategy and Innovation Rely on Our Expertise to Seize Growth Opportunities

Our Research is the Cornerstone of 1000 Firms to Stay in the Lead

1000 Top Companies Partner with Us to Explore Fresh Revenue Channels
-
Request a Free sample to learn more about this report
AIRCRAFT GROUND SUPPORT EQUIPMENT MARKET OVERVIEW
The global aircraft ground support equipment market size was anticipated to be worth USD 2.28 billion in 2024 and is expected to reach USD 5.3 billion by 2033 at a CAGR of 9.83% during the forecast period.
Ground Support Equipment (GSE) is usually found in many airports and is used as support equipment. The exact location where this equipment is found is on the apron, near the service area of the terminal. This equipment will help in operating the aircraft whilst it is present on the ground.
GSEs are used for increasing operational efficiency and form an integral part of the logistical infrastructure of an airport. GSEs are very useful in transporting these cargo and inventories. All of these factors are considered as the factors driving the aircraft ground support equipment market share.
COVID-19 IMPACT
Reduction In Number Of People Travelling Through Aircrafts Amidst Pandemic Decreased Market Share
The pandemic of COVID-19 was a very severe disease that caused a temporary halt in the functioning of numerous industries. As the virus was spreading at a very rapid rate, strict lockdowns and social distancing norms were imposed. This was the primary reason for, the shutdown of several industries.
Many restrictions were also imposed on, traveling. International traveling was not allowed for a certain period of time. This negatively affected the airline companies. People traveling to other countries had to go through rigorous checkups and quarantine to be able to continue their traveling. As a result, there was a drastic drop in the number of people traveling to other countries. Therefore, the aircraft ground support equipment market saw a decline in demand during the pandemic.
LATEST TRENDS
Advancements in Airport Infrastructures to Increase Market Growth
Several innovations have been introduced to improve the infrastructure of airports. GSEs form a very important part of the infrastructures of airports. Ground support equipment consists of all those devices that help in controlling and handling aircraft, goods, cargo, and passengers.
Using ground support equipment will develop the operation efficiency within an airport. Some of the important equipment present in GSEs include tow tractors, passenger cabins, container loaders, aerial lifts, ground power units, and pushback tugs. These equipment are being installed in most of the airports due to the support provided by them for the proper functioning of aircraft.
AIRCRAFT GROUND SUPPORT EQUIPMENT MARKET SEGMENTATION
By Type
The market can be divided into the following segments depending on their respective types:
Hybrid support equipment, electric support equipment, and, non-electric support equipment. The hybrid support equipment segment is anticipated to dominate the market during the forecast period.
By Application
Based on application, the market share is bifurcated into the following segments:
Passenger handling, cargo handling, and, others. The passenger handling segment is expected to dominate the market during the forecast period.
DRIVING FACTORS
Availability of Eco-Friendly Variants of Ground Support Equipments to Amplify Market Growth
Aviation board and regulatory authorities have taken up the initiatives to create and implement eco-friendly options in their operating systems. This step taken by the aviation board has increased the demand for eco-friendly and green variants of GSEs.
With the growing environmental concerns, certain airline companies are developing nature friendly options like substituting their diesel and petrol-based ground support equipment to solar power equipments. Several other countries are also trying to pass legislations against the use of fuel based equipments. Electric airport ground support equipments have become the new trend in the market. All these factors are prone to accelerate aircraft ground support equipment market growth.
Increase in The Number of Incoming Cargo Goods to Impede Market Growth
There has been an increase in the number of cargo goods coming into the airports. This has made warehouse operations necessary. Post pandemic, the aviation industry witnessed a tremendous growth owing to the increased number of passengers travelling and going on vacations.
Cargo that come into airports will be stored in airport warehouses. Later they are shipped. Airport inventories are used for the purpose of storing spare parts of aircrafts like tires. GSEs are very useful in transporting these cargo and inventories from one place to another. These equipments increase the convenience of transporting inventories from the warehouse to airport. This factor is fueling market growth.
RESTRAINING FACTOR
Higher Charges for Electric GSEs to Bring Down Market Share
As a step to promote environmental-friendly operations, many airlines have adopted electric ground support equipments instead of fuel based equipments. This has increased the infrastructure charges increasing the total cost. There has been a requirement for airlines to invest in charging stations.
Introduction of wheel tug system as a better alternative for GSEs is affecting the market growth. Wheel tug can adopt motor with greater torque. Wheel tug systems are very light in weight. They help in saving fuel and are made up of titanium wheel. This substitute can deteriorate aircraft ground support equipment market share.
-
Request a Free sample to learn more about this report
AIRCRAFT GROUND SUPPORT EQUIPMENT MARKET REGIONAL INSIGHTS
Asia Pacific to Dominate Market Share
Asia Pacific is predicted to dominate the market share in upcoming years. The major reason for this can be attributed to the increasing number of people travelling through airlines. This has increased the number of greenfield and brownfield airports.
With the increase in the number of airports, installation of GSEs have also increased. Development of low-cost equipments in this area is another factor boosting the market growth. Joint ventures between top operating companies have taken place in the recent years. All of these factors have propelled the market growth in Asia Pacific.
KEY INDUSTRY PLAYERS
Leading Players adopt Acquisition Strategies to Stay Competitive
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.
List of Top Aircraft Ground Support Equipment Companies
- Gate GSE (India)
- JBT Corporation (U.S.)
- Tronair (U.S.)
- Aero Specialties (U.S.)
- Toyota Industries Corp (Japan)
- TLD Group (E.U.)
- Mallaghan (Ireland)
- Nepean (U.S.)
- Global Ground Support (U.S.)
- Tug Technologies Corporation (U.S.)
- Guangtai Airports Equipment (China)
- MULAG (Germany)
- DOLL (U.K.)
- Shenzhen TECHKING (China)
- Fast Global Solutions (U.S.)
- Hangfu Airdrome Equipment (China)
REPORT COVERAGE
The report provides insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situation. On reading the report the user will be able to understand and interpret all the aspects of the market.
Attributes | Details |
---|---|
Market Size Value In |
US$ 2.28 Billion in 2024 |
Market Size Value By |
US$ 5.3 Billion by 2033 |
Growth Rate |
CAGR of 9.83% from 2024 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
|
By Type
|
|
By Application
|
FAQs
The aircraft ground support equipment market is projected and estimated to touch USD 5.30 billion by 2033.
The aircraft ground support equipment market is expected to exhibit a CAGR of 9.83% by 2033.
GSEs are used for increasing the operational efficiency and form an integral part of the logistical infrastructure of an airport. GSEs are very useful in transporting these cargo and inventories.
Gate GSE, JBT Corporation, Tronair are the top leading companies in the aircraft ground support equipment market.