Ground support equipment is the support equipment found at an airport, the servicing area by the terminal. Ground support equipment is used to service the aircraft between flights. Based on application, the market is segmented into commercial cargo service, passenger service, military cargo service, commercial cargo service and military aircraft service. In 2016, among the various application, commercial cargo service segment dominated the market followed by military cargo service. In addition, commercial cargo service is also expected to grow at the highest rate for the coming years. Increase in the investment in the infrastructure is major driver driving the market for the commercial cargo service segment in ground support equipment market for the forecast period. Commercial cargo service is further being segmented into pushback tractors, containers loaders and forklifts. Passenger service is further being segmented into passenger buses, cabin service vehicles, passenger boarding bridges and others. Commercial aircraft service is further being segmented into fuel trucks, hydrant trucks, ground power units and others.

Based on type, the market is segmented into hybrid, electric and non-electric. In 2016, the electric segment dominated the market followed by hybrid and this segment is anticipated to be dominant in the coming years. Increase in the demand for energy efficient, green and clean ground support equipment technologies is one of the key factor fueling the demand of the electric segment in the ground support equipment market for the forecast period of 2017 – 2025.

Based on component, the market is segmented into brownfield, greenfield and MRO. In 2016, the greenfield segment dominated the market followed by brownfield and this segment is anticipated to be dominant in the coming years. Growing purchasing power in developing economies is one of the key factor driving the market for the ground support equipment for the forecast period.

Based on end use, the market is segmented into defense and commercial. In 2016, the commercial segment dominated the market followed by defense and this segment is anticipated to be dominant in the coming years. Increase in freight, aircraft and passenger movement across the world is one of the key factor boosting the demand of commercial segment in ground support equipment market. With the rise in freight and passenger traffic, the frequency of aircraft or flights movements is also rising, which is anticipated to rise the demand for commercial ground support equipment.

The geographical split of the market includes North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. In 2016, North America was slated to be the key market followed by Europe. In 2016, the U.S. was the major market for North America as well as globally. Increase in the demand for electric and hybrid ground support equipment is major factor driving the market for the ground support equipment market in the U.S. and North America region. Asia Pacific, Latin America and Middle East & Africa regions are expected to grow at the healthy rate due to increase in the investment by several developing countries such as India, Brazil and China among others. Asia Pacific is anticipated to grow at the highest CAGR for the forecast period. In 2016, China is expected to dominate the Asia Pacific region followed by Japan and expected to be dominant in the coming years. Increase in the warehouse operations at airports is one of the key factor boosting the demand of ground support equipment market in China. India is anticipated to grow at the highest CAGR in Asia Pacific region for the coming years. Increase in the number of airlines and airports is one of the key factor driving the market for ground support equipment in India for the forecast period. Europe is expected to grow at sluggish rate in the coming years. The U.K. and Germany is expected to be the major market for Europe. Increasing imports and exports activities is one of the key factor fueling the demand of the market in Europe. Brazil and Saudi Arabia is expected to be the major market for the Middle East and Africa region. Increase in the demand for ground support equipment to cater the growing freight cargo and passenger traffic which in turn helping the demand of ground support equipment market in Middle East and Africa market.

The major players in the ground support equipment market are Teleflex Lionel-Dupont (TLD) Group (France), JBT Corporation (United States), Tug Technologies Corporation (United States), AMSS GSE (United Kingdom), Tronair Inc. (United States), Mallaghan Engineering Ltd. (United Kingdom), Mulag Fahrzeugwerk GmbH (Germany), Shenzhen Cimc-Tianda Airport Support Co. Ltd. (China), Gate GSE (Belgium) and Avia Equipment Pte Ltd (Singapore) among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market    
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Ground Support Equipment Market

Pre Book