Global Aircraft Ground Support Equipment Market USD 14.93 billion by 2027. Global Aircraft Ground Support Equipment Market reached USD 4.00 billion in 2020. The Global Aircraft Ground Support Equipment Market tends to grow by a CAGR of 20.70% in the 2021-2027 period.
Aircraft ground support equipment refers to the supporting equipment used to service aircrafts between flights. Expansion and development of airport infrastructure and increasing number of individuals opting for air travel are the major driving factors under this market. Higher cost of electric ground support equipment is a restraining factor to this market. The development of hybrid ground support equipment, new batteries, fast charging ports, and improved electric equipment is an opportunity for the market to grow. The mobile GSE segment of the ground support equipment is estimated to grow in the future owing to the higher efficiency and on-time performance. In 2020, Flux Power Holding Inc. launched lithium-ion batteries to power newer aircraft equipment such as forklifts.

The key regions covered in the global Aircraft Ground Support Equipment market are North America, Latin America, Europe, Asia Pacific, and the ROW. North America accounted for the largest market share, and it is estimated to grow in the forecasted period owing to the increasing investment in modernization and enhancement of the airport infrastructure.

Major market players included in this report are:
Air T, Inc.
Textron Inc.
China International Marine Containers (Group) Co. Ltd.
Weihai Guangtai Airport Equipment Co. Ltd.
Cavotec SA
ALVEST Group
Mulag Fahrzeugwerk Heinz W??ssner GmbH u. Co. KG
Tronair Inc.
JBT Corporation
Exide Technologies
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Point of sale:
Equipment
Maintenance Service
By Platform:
Commercial
Military
By Power Source:
Non-electric
Electric
Hybrid
By Mode of operation:
Conventional GSE
Remotely Operated GSE
Autonomous GSE
By Region:
North America
The U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Aircraft Ground Support Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors