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Ground Support Equipment Market Trends

Report ID: GMI3281
Published Date: Sep 2023
Report Format: PDF

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Ground Support Equipment Market Trends

The industry is experiencing notable trends owing to the advancements in the aviation and aerospace industries. With a focus on environmental sustainability, there is a growing demand for electric & hybrid GSE to reduce emissions and operational costs. Digitalization and IoT integration are enhancing GSE maintenance & monitoring. The industry is witnessing the increased demand for autonomous & remote-controlled equipment to enhance safety and reduce labor costs. The industry growth is being driven by the expansion in airports and airline fleets worldwide, which is propelling the demand for modern GSE to handle increased passenger & cargo volumes.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Ground support equipment (GSE) industry size surpassed USD 5.9 billion in 2022 and is set to expand at over 5% CAGR from 2023 to 2032 attributed to the expansion of the global aviation industry driven by increasing passenger & cargo traffic.

The mobile type segment is poised to witness 5% CAGR from 2023-2032 due to advantages, such as inherent versatility, flexibility, and efficiency

North America held over 30% revenue share of the ground support equipment industry in 2022 owing to the presence of robust aviation sector, including major airlines and airports in the region

Some of the top companies in the ground support equipment industry are Aero Specialities Inc., Air+MAK Industries Inc., ATEC Inc., Cavotec SA, Curtis Instrument Inc., Enersys, Gate GSE, ITW GSE, JBT Corporation, Rheinmetall AG, Sinfonia Technology Co. Ltd., and Textron Ground Support Equipment Inc.,