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Global Aircraft Ground Support Equipment Market USD 14.93 billion by 2027.

Global Aircraft Ground Support Equipment Market Size study, 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}, Analysis Regional Forecasts 2021-2027

Product Code: ALTAWT-82407813
Publish Date: 2-09-2021
Page: 200

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 Wössner 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

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Aircraft Ground Support Equipment Market, by Point of Sales, 2019-2027 (USD Billion)
1.2.2. Aircraft Ground Support Equipment Market, by Platform, 2019-2027 (USD Billion)
1.2.3. Aircraft Ground Support Equipment Market, by Power Source, 2019-2027 (USD Billion)
1.2.4. Aircraft Ground Support Equipment Market, by Mode of operation, 2019-2027 (USD Billion)
1.2.5. Global Aircraft Ground Support Equipment Market, by region, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Aircraft Ground Support Equipment Market Definition and Scope
2.1. The objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Aircraft Ground Support Equipment Market Dynamics
3.1. Global Aircraft Ground Support Equipment Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Expansion and development of airport infrastructure
3.1.1.2. Growing upgraded technologies
3.1.2. Market Challenges
3.1.2.1. Higher cost of electric ground support equipment
3.1.3. Market Opportunities
3.1.3.1. The development of hybrid ground support equipment
Chapter 4. Global Aircraft Ground Support Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. The threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Aircraft Ground Support Equipment Market by Point of Sales
5.1. Market Snapshot
5.2. Global Aircraft Ground Support Equipment Market by Point of Sales, Performance – Potential Analysis
5.3. Global Aircraft Ground Support Equipment Market estimates & Forecasts by Point of Sales2018-2027 (USD Billion)
5.4. Aircraft Ground Support Equipment Market, Sub Segment Analysis
5.4.1. Equipment
5.4.2. Maintenance Service
Chapter 6. Global Aircraft Ground Support Equipment Market by Platform
6.1. Market Snapshot
6.2. Global Aircraft Ground Support Equipment Market by Platform, Performance – Potential Analysis
6.3. Global Aircraft Ground Support Equipment Market estimates & Forecasts by Platform2018-2027 (USD Billion)
6.4. Aircraft Ground Support Equipment Market, Sub Segment Analysis
6.4.1. Commercial
6.4.2. Military
Chapter 7. Global Aircraft Ground Support Equipment Market by Power Source
7.1. Market Snapshot
7.2. Global Aircraft Ground Support Equipment Market by Power Source, Performance – Potential Analysis
7.3. Global Aircraft Ground Support Equipment Market estimates & Forecasts by Power Source 2018-2027 (USD Billion)
7.4. Aircraft Ground Support Equipment Market, Sub Segment Analysis
7.4.1. Non-electric
7.4.2. Electric
7.4.3. Hybrid
Chapter 8. Global Aircraft Ground Support Equipment Market by Mode of operation
8.1. Market Snapshot
8.2. Global Aircraft Ground Support Equipment Market by Mode of operation, Performance – Potential Analysis
8.3. Global Aircraft Ground Support Equipment Market estimates & Forecasts by Mode of operation 2018-2027 (USD Billion)
8.4. Aircraft Ground Support Equipment Market, Sub Segment Analysis
8.4.1. Conventional GSE
8.4.2. Remotely Operated GSE
8.4.3. Autonomous GSE
Chapter 9. Global Aircraft Ground Support Equipment Market, Regional Analysis
9.1. Global Aircraft Ground Support Equipment Market, Regional Market Snapshot
9.2. North America Aircraft Ground Support Equipment Market
9.2.1. U.S. Aircraft Ground Support Equipment Market
9.2.1.1. Point of Sales breakdown estimates & forecasts, 2018-2027
9.2.1.2. Platform breakdown estimates & forecasts, 2018-2027
9.2.1.3. Power Source breakdown estimates & forecasts, 2018-2027
9.2.1.4. Mode of operation breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Aircraft Ground Support Equipment Market
9.3. Europe Aircraft Ground Support Equipment Market Snapshot
9.3.1. The U.K. Aircraft Ground Support Equipment Market
9.3.2. Germany Aircraft Ground Support Equipment Market
9.3.3. France Aircraft Ground Support Equipment Market
9.3.4. Spain Aircraft Ground Support Equipment Market
9.3.5. Italy Aircraft Ground Support Equipment Market
9.3.6. Rest of Europe Aircraft Ground Support Equipment Market
9.4. Asia-Pacific Aircraft Ground Support Equipment Market Snapshot
9.4.1. China Aircraft Ground Support Equipment Market
9.4.2. India Aircraft Ground Support Equipment Market
9.4.3. Japan Aircraft Ground Support Equipment Market
9.4.4. Australia Aircraft Ground Support Equipment Market
9.4.5. South Korea Aircraft Ground Support Equipment Market
9.4.6. Rest of the Asia Pacific Aircraft Ground Support Equipment Market
9.5. Latin America Aircraft Ground Support Equipment Market Snapshot
9.5.1. Brazil Aircraft Ground Support Equipment Market
9.5.2. Mexico Aircraft Ground Support Equipment Market
9.6. Rest of The World Aircraft Ground Support Equipment Market

Chapter 10. Competitive Intelligence
10.1.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Air T Inc.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Textron Inc.
10.2.3. China International Marine Containers (Group) Co. Ltd.
10.2.4. Weihai Guangtai Airport Equipment Co. Ltd.
10.2.5. Cavotec SA
10.2.6. ALVEST Group
10.2.7. Mulag Fahrzeugwerk Heinz Wössner GmbH u. Co. KG
10.2.8. Tronair Inc.
10.2.9. JBT Corporation
10.2.10. Exide Technologies
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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