Ground Support Equipment Market

Global Ground Support Equipment Market Size

The global ground support equipment market was worth USD 8.67 billion in 2024. The global market is projected to grow from USD 9.06 billion in 2025 to USD 12.83 billion by 2033, expanding at a compound annual growth rate of 4.45% during the forecast period.

The global market is dominated by the commercial cargo services segment and is expected to grow at the highest rate in the coming years, followed by the military cargo service.

Over the years, the aviation industry has experienced continuous growth in the development of ground support equipment. The ground support equipment market is primarily stimulated by increased air traffic, an increase in terminal extensions and modernization, an increase in the number of passengers, and an increase in the number of aircraft deliveries worldwide. However, the need for significant initial investments is a possible impediment to market growth.

MARKET DRIVERS

Depending on the current and future impact of the various factors affecting the global ground support equipment market, airports' increased focus on improving operational efficiency, increasing air and cargo traffic, and increased emphasis on green supply GSE should positively influence the market during the outlook period. Also, the emerging use of wireless technology and high service standards are supposed to drive market growth.

MARKET RESTRAINTS

However, the impact of factors such as the high costs involved is anticipated to limit business expansion during the prediction period.

REPORT COVERAGE

SEGMENTAL ANALYSIS

By Type Insights

In 2024, the electricity segment dominated the market, followed by the hybrid, and it is expected that this segment will dominate in the coming years. The growing demand for clean, efficient, and environmentally friendly ground handling equipment technologies is one of the main factors driving the electric segment demand in the ground handling equipment market during the forecast period.

By Component Insights

The market is segmented into brownfields, greenfields, and MRO. In 2018, the greenfield segment dominated, followed by the brownfield, and it is expected that this segment will continue to dominate in the coming years. The increase in purchasing power in developing economies is one of the main drivers of the ground support equipment market for the projection period.

By End-use Insights

The global ground support equipment market is segmented into defense and commercial. In 2018, the commercial segment dominated this market, and it is expected that this segment will be dominant in the years to come. One of the main factors driving the demand for the commercial sector in the ground support equipment market is the increase in freight, aircraft, and passenger movements around the world. With the rise in transportation and passenger traffic, the frequency of aircraft movements and flights is also increasing, which is anticipated to increase demand for commercial ground support equipment in the future.

REGIONAL ANALYSIS

In 2024, North America was the key market, followed by Europe. In 2018, the USA was the leading market for North America and the world. The increased demand for hybrid and electric ground support equipment is an essential factor driving the ground support equipment market in the United States and North America. The Asia-Pacific, Latin America, the Middle East, and Africa regions are presumed to grow at a sustained pace due to increased investment by several developing countries such as India, Brazil, and China, among others. Asia-Pacific is foreseen to grow at the highest CAGR for the forecast period.

The Middle East ground support equipment market is foreseen to reach the highest CAGR over the outlook period due to a continuing increase in the number of airport expansion projects to accommodate the growing number of air passengers and cargo movements.

KEY MARKET PLAYERS

The main players in the ground support equipment market are JBT Corporation (USA), Teleflex Lionel-Dupont (TLD) (France), Mallaghan (UK), Tug Technologies Corporation (Textron GSE) (USA), Tronair (United States), MULAG Fahrzeugwerk (Germany), Guangtai (China), Rheinmetall AG (Germany), ITW GSE (Denmark) and Cavotec (Switzerland). These players adopted various growth strategies, such as contracts, acquisitions, expansions, new product launches, and partnerships, to further expand their presence in the global ground support equipment market.

RECENT MARKET HAPPENINGS

• In April 2019, Cavotec received a $9.6 million contract from Bahrain International Airport to supply floor cooling systems for next-generation aircraft. The agreement also includes the design, engineering, installation, testing, and commissioning of Cavotec PCA Arx Dop Arctic Sub-freezing DX units and the delivery of underground well systems that reduce the number of vehicles required to keep an airplane.

• In August 2018, JBT Corporation added a fifth conventional push tractor to its B950 range. This tractor is capable of handling most wide-body aircraft, especially the B767, A300, A310, and A330. The B950 field can also handle the new B787 and A350 and the larger B777 and A340 in all configurations.

MARKET SEGMENTATION

This research report on the global ground support equipment market has been segmented and sub-segmented based on type, component, end-user, and region.

By Type

• Hybrid
• Electric
• Non-Electric

By Component

• Brownfields
• Greenfields
• MORE

By End-User

• Defense
• Commercial

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa