Ground Support Equipment Market Overview
The ground support equipment is the support equipment found at an airport, the servicing area by the terminal. The ground support equipment is used to service the aircraft between flights. The global Ground Support Equipment market is expected to rise at a considerable rate in the forthcoming years due to an increase in the adoption of advanced GSE by airports. A significant increase in the number of air passengers and cargo transportation has been witnessed across the world. Hence, the surge in the number of passengers as well as cargo has increased the demand for ground support equipment. This fact escalates the growth of the Ground Support Equipment market.
Furthermore, airports are making huge and substantial developments to improve their operating efficiency and decrease turnaround time. The emergence of underground GSE has helped increase the speed of operations and reduced the congestion of equipment at airports. Several tools are being developed to improve the overall operational efficiency. Further, the benefit of enhancing operational efficiency is that it helps in the decrease of operational cost and increases profit. Consequently, airport authorities need to have capable ground support equipment. This major factor boosts the growth of the Ground Support Equipment market.
Other prominent factors such as high service standards, and leasing of ground support equipment, high initial investments, rise in focus toward procurement of greener GSE, outsourcing of maintenance, repair, and overhaul (MRO) to the third party, and rise in use of wireless technology are highly impacting the growth of the Ground Support Equipment market.
Covid-19 Impact on Ground Support Equipment Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Ground Support Equipment Market Segment Overview
Based on Application, the Commercial Cargo Service segment dominated the global Ground Support Equipment market, and is expected that it keeps its dominance in the forecast period. Upsurge in the investment in the infrastructure is a key factor driving the market for the commercial cargo service segment in the market for the forecast period. According to Type, Electric is the largest segment in the market. The rise in the demand for energy-efficient, green, and clean ground support equipment technologies is one of the prime factors boosting the demand of the electric segment. By the End-User, the Commercial segment has dominated the market and is estimated to hold its dominance during the forecast period. Upsurge in freight, aircraft and passenger movement across the globe is one of the key factors that augmented the demand of the commercial segment in the market.
Ground Support Equipment Market, By Application
· Hybrid
· Electric
· Non-Electric
Ground Support Equipment Market, By Component
· Brownfield
· Greenfield
· MRO
Ground Support Equipment Market, By End-User
· Defense
· Commercial
Ground Support Equipment Market Regional Overview
In terms of region, North America commanded a major share, in terms of revenue, and is predictable to maintain its supremacy over the forecast period. The U.S. was the major market for North America as well as globally. The rise in the demand for electric and hybrid ground support equipment is a key factor boosting the growth of the market in the U.S. and North American region. Similarly, the market in the Asia Pacific region is estimated to grow at the highest CAGR in the coming years. Factors such as an increase in the warehouse operations at airports, and an increase in the number of airlines and airports are the key factor that intensifies the growth of the market in this region. In addition, the market in Europe is anticipated to grow at a sluggish rate in the coming years. Increasing imports and exports activities is one of the key factors propelling the growth of the market in Europe. A surge in the demand for ground support equipment to provide to the increasing freight cargo and passenger traffic which in turn helping the market expansion in the Middle East and Africa market.
Ground Support Equipment Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Ground Support Equipment Market Competitor overview
Some key developments and strategies adopted by manufacturers in Ground Support Equipment are highlighted below.
· In October 2020, EnerSys®, the global leader in stored energy solutions for industrial applications, continues to deliver hassle-free power with the launch of NexSys® PURE PACK battery and on-board charger system. The new comprehensive solution consists of the latest generation of NexSys® PURE Thin Plate Pure Lead (TPPL) batteries, combined with an integrated Delta-Q on-board charger and Wi-iQ® battery monitoring device. This all-inclusive solution provides a predictable and reliable power source with the flexibility to fast or opportunity charge from the convenience of any 110-volt standard power outlet and the intelligence to capture a range of key operating data to help ensure peak battery performance and dependability.
· In April 2018, Global engineering group Cavotec has won a breakthrough order for its next-generation aircraft ground cooling systems. The order is a key part of a major modernisation project at Bahrain International Airport set to substantially increase passenger capacity. The project highlights Cavotec’s leading role in the development of Pre-Conditioned Air (PCA) systems for the global aviation market.
Ground Support Equipment Market, Key Players
· Teleflex Lionel-Dupont (TLD) Group
· JBT Corporation
· Tug Technologies Corporation
· AMSS GSE
· Tronair Inc.
· Mallaghan Engineering Ltd.
· Mulag Fahrzeugwerk GmbH
· Shenzhen Cimc-Tianda Airport Support Co. Ltd.
· Gate GSE
· Avia Equipment Pte Ltd
The ground support equipment is the support equipment found at an airport, the servicing area by the terminal. The ground support equipment is used to service the aircraft between flights. The global Ground Support Equipment market is expected to rise at a considerable rate in the forthcoming years due to an increase in the adoption of advanced GSE by airports. A significant increase in the number of air passengers and cargo transportation has been witnessed across the world. Hence, the surge in the number of passengers as well as cargo has increased the demand for ground support equipment. This fact escalates the growth of the Ground Support Equipment market.
Furthermore, airports are making huge and substantial developments to improve their operating efficiency and decrease turnaround time. The emergence of underground GSE has helped increase the speed of operations and reduced the congestion of equipment at airports. Several tools are being developed to improve the overall operational efficiency. Further, the benefit of enhancing operational efficiency is that it helps in the decrease of operational cost and increases profit. Consequently, airport authorities need to have capable ground support equipment. This major factor boosts the growth of the Ground Support Equipment market.
Other prominent factors such as high service standards, and leasing of ground support equipment, high initial investments, rise in focus toward procurement of greener GSE, outsourcing of maintenance, repair, and overhaul (MRO) to the third party, and rise in use of wireless technology are highly impacting the growth of the Ground Support Equipment market.
Covid-19 Impact on Ground Support Equipment Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Ground Support Equipment Market Segment Overview
Based on Application, the Commercial Cargo Service segment dominated the global Ground Support Equipment market, and is expected that it keeps its dominance in the forecast period. Upsurge in the investment in the infrastructure is a key factor driving the market for the commercial cargo service segment in the market for the forecast period. According to Type, Electric is the largest segment in the market. The rise in the demand for energy-efficient, green, and clean ground support equipment technologies is one of the prime factors boosting the demand of the electric segment. By the End-User, the Commercial segment has dominated the market and is estimated to hold its dominance during the forecast period. Upsurge in freight, aircraft and passenger movement across the globe is one of the key factors that augmented the demand of the commercial segment in the market.
Ground Support Equipment Market, By Application
- Commercial Cargo Service
- Pushback Tractors
- Containers Loaders And Forklifts
- Passenger Service
- Passenger Buses
- Cabin Service Vehicles
- Passenger Boarding Bridges
- Others
- Military Cargo Service
- Commercial Aircraft Service
- Fuel Trucks
- Hydrant Trucks
- Ground Power Units
- Others
- Military Aircraft Service
· Hybrid
· Electric
· Non-Electric
Ground Support Equipment Market, By Component
· Brownfield
· Greenfield
· MRO
Ground Support Equipment Market, By End-User
· Defense
· Commercial
Ground Support Equipment Market Regional Overview
In terms of region, North America commanded a major share, in terms of revenue, and is predictable to maintain its supremacy over the forecast period. The U.S. was the major market for North America as well as globally. The rise in the demand for electric and hybrid ground support equipment is a key factor boosting the growth of the market in the U.S. and North American region. Similarly, the market in the Asia Pacific region is estimated to grow at the highest CAGR in the coming years. Factors such as an increase in the warehouse operations at airports, and an increase in the number of airlines and airports are the key factor that intensifies the growth of the market in this region. In addition, the market in Europe is anticipated to grow at a sluggish rate in the coming years. Increasing imports and exports activities is one of the key factors propelling the growth of the market in Europe. A surge in the demand for ground support equipment to provide to the increasing freight cargo and passenger traffic which in turn helping the market expansion in the Middle East and Africa market.
Ground Support Equipment Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Ground Support Equipment Market Competitor overview
Some key developments and strategies adopted by manufacturers in Ground Support Equipment are highlighted below.
· In October 2020, EnerSys®, the global leader in stored energy solutions for industrial applications, continues to deliver hassle-free power with the launch of NexSys® PURE PACK battery and on-board charger system. The new comprehensive solution consists of the latest generation of NexSys® PURE Thin Plate Pure Lead (TPPL) batteries, combined with an integrated Delta-Q on-board charger and Wi-iQ® battery monitoring device. This all-inclusive solution provides a predictable and reliable power source with the flexibility to fast or opportunity charge from the convenience of any 110-volt standard power outlet and the intelligence to capture a range of key operating data to help ensure peak battery performance and dependability.
· In April 2018, Global engineering group Cavotec has won a breakthrough order for its next-generation aircraft ground cooling systems. The order is a key part of a major modernisation project at Bahrain International Airport set to substantially increase passenger capacity. The project highlights Cavotec’s leading role in the development of Pre-Conditioned Air (PCA) systems for the global aviation market.
Ground Support Equipment Market, Key Players
· Teleflex Lionel-Dupont (TLD) Group
· JBT Corporation
· Tug Technologies Corporation
· AMSS GSE
· Tronair Inc.
· Mallaghan Engineering Ltd.
· Mulag Fahrzeugwerk GmbH
· Shenzhen Cimc-Tianda Airport Support Co. Ltd.
· Gate GSE
· Avia Equipment Pte Ltd
Ground Support Equipment Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Ground Support Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Application
- 5.2.1. Commercial Cargo Service
- 5.2.1.1. Pushback Tractors
- 5.2.1.2. Containers Loaders And Forklifts
- 5.2.2. Passenger Service
- 5.2.2.1. Passenger Buses
- 5.2.2.2. Cabin Service Vehicles
- 5.2.2.3. Passenger Boarding Bridges
- 5.2.2.4. Others
- 5.2.3. Military Cargo Service
- 5.2.4. Commercial Aircraft Service
- 5.2.4.1. Fuel Trucks
- 5.2.4.2. Hydrant Trucks
- 5.2.4.3. Ground Power Units
- 5.2.4.4. Others
- 5.2.5. Military Aircraft Service
- 5.2.1. Commercial Cargo Service
- 5.3. Market Analysis, Insights and Forecast – By Type
- 5.3.1. Hybrid
- 5.3.2. Electric
- 5.3.3. Non-Electric
- 5.4. Market Analysis, Insights and Forecast – By Component
- 5.4.1. Brownfield
- 5.4.2. Greenfield
- 5.4.3. MRO
- 5.5. Market Analysis, Insights and Forecast – By End-User
- 5.5.1. Defense
- 5.5.2. Commercial
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Ground Support Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Application
- 6.2.1. Commercial Cargo Service
- 6.2.1.1. Pushback Tractors
- 6.2.1.2. Containers Loaders And Forklifts
- 6.2.2. Passenger Service
- 6.2.2.1. Passenger Buses
- 6.2.2.2. Cabin Service Vehicles
- 6.2.2.3. Passenger Boarding Bridges
- 6.2.2.4. Others
- 6.2.3. Military Cargo Service
- 6.2.4. Commercial Aircraft Service
- 6.2.4.1. Fuel Trucks
- 6.2.4.2. Hydrant Trucks
- 6.2.4.3. Ground Power Units
- 6.2.4.4. Others
- 6.2.5. Military Aircraft Service
- 6.2.1. Commercial Cargo Service
- 6.3. Market Analysis, Insights and Forecast – By Type
- 6.3.1. Hybrid
- 6.3.2. Electric
- 6.3.3. Non-Electric
- 6.4. Market Analysis, Insights and Forecast – By Component
- 6.4.1. Brownfield
- 6.4.2. Greenfield
- 6.4.3. MRO
- 6.5. Market Analysis, Insights and Forecast – By End-User
- 6.5.1. Defense
- 6.5.2. Commercial
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Ground Support Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Application
- 7.2.1. Commercial Cargo Service
- 7.2.1.1. Pushback Tractors
- 7.2.1.2. Containers Loaders And Forklifts
- 7.2.2. Passenger Service
- 7.2.2.1. Passenger Buses
- 7.2.2.2. Cabin Service Vehicles
- 7.2.2.3. Passenger Boarding Bridges
- 7.2.2.4. Others
- 7.2.3. Military Cargo Service
- 7.2.4. Commercial Aircraft Service
- 7.2.4.1. Fuel Trucks
- 7.2.4.2. Hydrant Trucks
- 7.2.4.3. Ground Power Units
- 7.2.4.4. Others
- 7.2.5. Military Aircraft Service
- 7.2.1. Commercial Cargo Service
- 7.3. Market Analysis, Insights and Forecast – By Type
- 7.3.1. Hybrid
- 7.3.2. Electric
- 7.3.3. Non-Electric
- 7.4. Market Analysis, Insights and Forecast – By Component
- 7.4.1. Brownfield
- 7.4.2. Greenfield
- 7.4.3. MRO
- 7.5. Market Analysis, Insights and Forecast – By End-User
- 7.5.1. Defense
- 7.5.2. Commercial
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Ground Support Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Application
- 8.2.1. Commercial Cargo Service
- 8.2.1.1. Pushback Tractors
- 8.2.1.2. Containers Loaders And Forklifts
- 8.2.2. Passenger Service
- 8.2.2.1. Passenger Buses
- 8.2.2.2. Cabin Service Vehicles
- 8.2.2.3. Passenger Boarding Bridges
- 8.2.2.4. Others
- 8.2.3. Military Cargo Service
- 8.2.4. Commercial Aircraft Service
- 8.2.4.1. Fuel Trucks
- 8.2.4.2. Hydrant Trucks
- 8.2.4.3. Ground Power Units
- 8.2.4.4. Others
- 8.2.5. Military Aircraft Service
- 8.2.1. Commercial Cargo Service
- 8.3. Market Analysis, Insights and Forecast – By Type
- 8.3.1. Hybrid
- 8.3.2. Electric
- 8.3.3. Non-Electric
- 8.4. Market Analysis, Insights and Forecast – By Component
- 8.4.1. Brownfield
- 8.4.2. Greenfield
- 8.4.3. MRO
- 8.5. Market Analysis, Insights and Forecast – By End-User
- 8.5.1. Defense
- 8.5.2. Commercial
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Ground Support Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Application
- 9.2.1. Commercial Cargo Service
- 9.2.1.1. Pushback Tractors
- 9.2.1.2. Containers Loaders And Forklifts
- 9.2.2. Passenger Service
- 9.2.2.1. Passenger Buses
- 9.2.2.2. Cabin Service Vehicles
- 9.2.2.3. Passenger Boarding Bridges
- 9.2.2.4. Others
- 9.2.3. Military Cargo Service
- 9.2.4. Commercial Aircraft Service
- 9.2.4.1. Fuel Trucks
- 9.2.4.2. Hydrant Trucks
- 9.2.4.3. Ground Power Units
- 9.2.4.4. Others
- 9.2.5. Military Aircraft Service
- 9.2.1. Commercial Cargo Service
- 9.3. Market Analysis, Insights and Forecast – By Type
- 9.3.1. Hybrid
- 9.3.2. Electric
- 9.3.3. Non-Electric
- 9.4. Market Analysis, Insights and Forecast – By Component
- 9.4.1. Brownfield
- 9.4.2. Greenfield
- 9.4.3. MRO
- 9.5. Market Analysis, Insights and Forecast – By End-User
- 9.5.1. Defense
- 9.5.2. Commercial
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Teleflex Lionel-Dupont (TLD) Group
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. JBT Corporation
- 10.6. Tug Technologies Corporation
- 10.7. AMSS GSE
- 10.8. Tronair Inc.
- 10.9. Mallaghan Engineering Ltd.
- 10.10. Mulag Fahrzeugwerk GmbH
- 10.11. Shenzhen Cimc-Tianda Airport Support Co. Ltd.
- 10.12. Gate GSE
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
