The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising number of air passengers and freight transport is likely to stimulate innovation in ground support equipment manufacturing, propelling the market during the forecast period.

The global ground support equipment market is expected to grow from $7.80 billion in 2022 to $8.50 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The global ground support equipment market is expected to reach $11.59 billion in 2027 at a CAGR of 8.1%.

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 Global Ground Support Equipment Market Segments Include:

• By Type: Powered Ground Support Equipment, Non-Powered Ground Support Equipment
• By Power Source: Non-Electric Ground Support Equipment, Electric Ground Support Equipment, Hybrid Ground Support Equipment, Fuel Cell Vehicle (FCV), Advanced Ground Support Equipment
• By Platform: Commercial, Military
• By Application: Aircraft Handling, Passenger Handling, Cargo Handling
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global ground support equipment market in 2021.

Major Market Players in the ground support equipment market include John Bean Technologies (JBT) Corporation, Rheinmetall AG, Textron Ground Support Equipment Inc. (U.S.), Weihai Guangtai Airport Equipment Co. Ltd.

Technological advances have emerged as the most popular trend in the ground support equipment industry. To boost their market position, major ground support equipment firms are introducing technologically advanced ground support equipment goods and offers. Textron Ground Support Equipment Inc., a US-based ground support equipment company, for example, debuted IntellimixTM technology for its SafeaeroTM 220 single-operator deicer in September 2022. The Intellimix technology improves deicing performance by supplying an appropriate blend of heat and fluid. Customers benefit from Intellimix technology since a single operator controls, manoeuvres, and deices the aircraft from a single cab, resulting in better efficiency. This technology expands the Safeaero 220’s capabilities, making deicing even more efficient, safe, and dependable.

The Ground Support Equipment Global Market Report 2023  provides a ground support equipment market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The ground support equipment market forecast analyzes ground support equipment market size, ground support equipment market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Ground support equipment (GSE) is the equipment and machinery used to support aircraft on the ground. The goal of GSE is to make aircraft ground handling more efficient and safe by allowing maintenance, passenger boarding, and cargo loading and unloading.

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