The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The ground support equipment market has witnessed significant growth, projected to reach $9.32 billion in 2024, with a compound annual growth rate (CAGR) of 9.1%.

• Increasing air passenger numbers and cargo transportation are driving market expansion, necessitating efficient ground support equipment.
• Ground support equipment optimizes processes such as fueling aircraft, handling baggage, and loading/unloading cargo, managing the growing volume of air traffic and cargo transportation.
• Significant increases in passenger and cargo traffic, as reported by the International Air Transport Association (IATA), underscore the demand for ground support equipment to support aviation operations.

Single-Operator Deicing Revolutionizes Ground Support Equipment
Technological advancements are a key trend shaping the ground support equipment market, with companies introducing innovative solutions to enhance efficiency and safety.

• Textron Ground Support Equipment Inc. launched Intellimix technology for its Safeaero 220 single-operator deicer, improving the deicing process’s efficiency.
• Intellimix technology optimizes heat and fluid combination, allowing a single operator to control, maneuver, and deice aircraft from a single cab, enhancing overall efficiency and safety.

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OEM Group Enhances Aviation Ground Support Capabilities
Strategic acquisitions are reshaping the ground support equipment landscape, exemplified by OEM Group’s acquisition of AMS GSE Pty Ltd.

• OEM Group’s acquisition aims to expand product and service offerings in the international aviation ground support sector.
• AMS GSE Pty Ltd specializes in producing aircraft access stairs, lifts, deicing units, and baggage trolleys, enhancing OEM Group’s capabilities in ground support equipment manufacturing.

Segmentation of the Ground Support Equipment Market
The ground support equipment market is segmented based on types, power sources, platforms, and applications, providing insights into market dynamics and usage.

1. By Type: Powered Ground Support Equipment, Non-Powered Ground Support Equipment
2. By Power Source: Non-Electric Ground Support Equipment, Electric Ground Support Equipment, Hybrid Ground Support Equipment, Fuel Cell Vehicle (FCV), Advanced Ground Support Equipment
3. By Platform: Commercial, Military
4. By Application: Aircraft Handling, Passenger Handling, Cargo Handling

North America Leads, Asia-Pacific Emerges as Fastest-Growing Region
North America dominated the ground support equipment market in 2023, with Asia-Pacific anticipated as the fastest-growing region during the forecast period.

• North America’s leadership is attributed to factors such as infrastructure expansion and safety improvements.
• Asia-Pacific’s rapid growth is driven by increasing air travel demand and infrastructure development initiatives.

Conclusion: Advancing Ground Support Equipment for Aviation
The ground support equipment market is witnessing robust growth, fueled by rising air traffic and cargo transportation demands. Technological innovations such as single-operator deicing solutions and strategic acquisitions are reshaping the industry landscape, enhancing efficiency, safety, and sustainability. With evolving market trends such as electric and hybrid GSE adoption and smart solutions, the ground support equipment market is poised for further expansion, catering to the evolving needs of the aviation sector. Collaboration, innovation, and a focus on sustainability will remain critical for industry players to thrive in this dynamic and competitive market landscape.

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The Ground Support Equipment Global Market Report 2024  provides an overview of the ground support equipment market 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 and their market positions.

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