Aircraft Ground Support Equipment Market

Aircraft Ground Support Equipment Market expected to reach 9.6 Bn, Will Expand At A CAGR Of 6.4% By 2020-2030

Airport Ground Support Equipment (GSE) is found in terminal areas of an airport. This equipment will support the aircraft maintenance and service between the flight's stoppages. It involves the applications such as aircraft handling, passenger handling, and cargo handling. The factors driving the growth of the airport Aircraft Ground Support Equipment Market Size include increasing air passengers, freight traffic, warehouse operations at airports, and number of airport expansions. However, there are some shortcomings in the airport ground support equipment, such as high maintenance cost and high cost involved in the replacement of ground support equipment. The market for airport Aircraft Ground Support Equipment Market CAGR is estimated to witness 12% CAGR during the forecast period.

Key Players:

The key players Aircraft Ground Support Equipment Market Size Of Industry are JBT Corporation (US), Textron Ground Support Equipment Inc. (US), MULAG Fahrzeugwerk (Germany), Rheinmetall AG (Germany), TLD (France), Mallaghan Engineering Limited (UK), Tronair Inc. (US), GATE GSE (Belgium), Curtis Instruments, Inc. (US), STANGCO Industrial Equipment, Inc. (US), Shenzhen CIMC-TianDa Airport Support Ltd. (CIMC-TianDa) (China), Avia Equipment Pte Ltd (Singapore), Charlotte America (US).

Market Segmentation:

This study provides an overview of the Airport Aircraft Ground Support Equipment Market Size, tracking four market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East & Africa and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the airport Aircraft Ground Support Equipment Market Size by its type, equipment, application, end user, and region.

By Type

Electric

Non-electric

Hybrid

By Equipment

Assembly Tool

Movement Equipment

By Application

Aircraft Handling

Cargo Handling

Passenger Handling

By End-user

Defense

Commercial

By Region

North America

Europe

Asia Pacific

Middle East & Africa

Latin America

Regional Analysis:

On the basis of region, the airport Aircraft Ground Support Equipment Market data is segmented into North America, Asia Pacific, Europe, and Latin America. In the North American, the increased demand for electric and hybrid ground support equipment at the airport has bolster their presence in the market. In Asia Pacific, high investments in airport infrastructure and the growing demand for GSE to cater the increasing air passenger traffic in developing countries such as India and China will expected to boost their presence in the market. There were a number of contracts that fueled the market growth. Teleflex Lionel-Dupont Group signed a contract with KLM to supply full electric fleet loader in the year 2017. Similarly, in the year 2017, JBT Corporation acquired Aircraft Maintenance Support Services Ltd (AMSS), to expand their presence in the equipment maintenance market.

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