How Has the Ground Support Equipment Market Progressed, and What is the Growth Forecast?
The ground support equipment (GSE) market has experienced significant growth in recent years, expanding from $9.14 billion in 2024 to an estimated $9.95 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.9%. This growth during the historical period has been driven by factors such as the impact of globalization, rising demand for innovative features, expansion of airport infrastructure, advancements in safety and ergonomics, and adherence to environmental regulations.
Looking ahead, the GSE market is projected to maintain strong growth, reaching $13.87 billion by 2029 with a CAGR of 8.7%. Key drivers of this growth include the adoption of green initiatives and regulatory compliance, increased use of smart and IoT-enabled equipment, a heightened focus on safety and ergonomics, regular equipment upgrades and replacements, and the integration of autonomous technology.
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What Are The Major Drivers for Ground Support Equipment Market?
The growing number of air passengers and the rise in cargo transportation are expected to drive the expansion of the ground support equipment (GSE) market in the coming years. Air passengers are individuals traveling by air, typically on commercial airlines, while cargo transportation involves moving goods from one location to another. Ground support equipment plays an essential role in streamlining operations such as aircraft fueling, baggage handling, and cargo loading and unloading, enabling efficient management of the increasing volume of aircraft, passengers, and cargo.
What Are the Market Segments for Ground Support Equipment?
The ground support equipment market covered in this report is segmented –
1) By Type: Powered Ground Support Equipment, Non-Powered Ground Support Equipment
2) By Power Source: Non-Electric Ground Support Equipment, Electric Ground Support Equipment, Hybrid Ground Support Equipment, Fuel Cell Vehicle (FCV), Advanced Ground Support Equipment
3) By Platform: Commercial, Military
4) By Application: Aircraft Handling, Passenger Handling, Cargo Handling
Subsegments:
1) By Powered Ground Support Equipment: Electric Tugs, Battery-Powered Equipment, Hydraulic Equipment, Towbarless Tractors, Baggage Tractors, Cargo Loaders, Aircraft Refueling Trucks
2) By Non-Powered Ground Support Equipment: Manual Tugs, Dollies, Chocks, Carts, Stairs And Ramps, Towbars, Hand Tools ”
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Who Are The Major Players in The Small Molecule API Market?
Major companies operating in the ground support equipment market include John Bean Technologies (JBT) Corporation, Rheinmetall AG, Textron Ground Support Equipment Inc., Weihai Guangtai Airport Equipment Co. Ltd., Mallaghan Engineering Ltd., AERO SPECIALTIES INC., Cavotec SA, Tronair Inc., TLD Group, ITW GSE, Kalmar Motor AB, GATE GSE, Jungheinrich AG, Lektro Inc., Advanced Charging Technologies, Cobus Industries GmbH, ALVEST Group, Flightline Support Ltd., Aeroservices Ltd, Dabico Airport Solutions, ADELTE GROUP SL., 247GT Ltd., Mulag Fahrzeugwerk Heinz Wössner GmbH u. Co. KG, TUG Technologies Corporation, Powervamp Ltd., TCR International, Aviaco GSE .
What Are The Emerging Trends in The Ground Support Equipment Market?
Technological advancements have become a prominent trend in the ground support equipment market. Leading companies in the industry are developing advanced ground support equipment products and solutions to enhance their market position.
For instance, in September 2022, Textron Ground Support Equipment Inc., a U.S.-based manufacturer, introduced Intellimix technology for its Safeaero 220 single-operator deicer. This innovation improves the deicing process by optimizing the combination of heat and fluid, offering enhanced efficiency. With Intellimix technology, a single operator can control, maneuver, and deice the aircraft from one cab, significantly boosting operational efficiency. This advancement enhances the performance of the Safeaero 220, making deicing operations safer, more reliable, and more efficient.
Which Region Holds The Largest Market Share?
North America was the largest region in the ground support equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the ground support equipment market report during the forecast period. The regions covered in the ground support equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Ground Support Equipment Market Report 2025 Offer?
Ground support equipment (GSE) encompasses the machinery and tools used to assist aircraft during ground operations. Its primary function is to ensure efficient and safe handling of aircraft on the ground, supporting tasks such as maintenance, passenger boarding, and the loading and unloading of cargo.
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