Ground Support Equipment Market Size

Ground Support Equipment Market Size

Ground Support Equipment (GSE) Market size was valued at over USD 5.9 billion in 2022 and is estimated to register a CAGR of over 5% driven by increasing passenger & cargo traffic. As more people & goods are transported by air, the aviation industry will need an expanded fleet of aircraft as well as a larger assortment of GSE for various ground operations. These operations include aircraft servicing, passenger boarding, baggage handling, and maintenance. Airlines and cargo companies frequently update & expand their fleets; this requires additional GSE to handle the increasing number of aircraft.

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Ground Support Equipment (GSE) refer to the specialized machinery & tools used at airports and aviation facilities for the servicing, maintenance, and support of aircraft during ground operations such as passenger boarding, cargo handling, maintenance, and ground power supply.

GSE can be capital-intensive, making it challenging for airlines and airports with tight budgets to invest in new equipment. The purchase prices of specialized equipment, such as aircraft tugs, passenger boarding bridges, and deicing units, can be substantial. The high costs can be a deterrent for operators, especially smaller ones or those operating on tight budgets. It may lead to the continued use of older equipment, which may be less efficient or not environment friendly.