The Ground Support Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Ground Support Equipment Market?
The ground support equipment market has witnessed significant growth, expanding from a market size of $9.14 billion in 2024 to $9.95 billion in 2025. This represents a compound annual growth rate (CAGR) of 8.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Ground Support Equipment Industry?
In 2029, the Ground Support Equipment market is forecasted to be worth $13.87 billion, growing at a compound annual growth rate (CAGR) of 8.7%.
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What are the Key Growth Drivers Fueling the Ground Support Equipment Market?
The key drivers in the ground support equipment market are:
• Increasing emphasis on green initiatives and regulations
• The development and integration of smart and IoT-enabled equipment
• Enhanced focus on safety and ergonomics
• Upgradation and replacement cycles of equipment
Global Market Segmentation: Identifying Major Ground Support Equipment Industry Segments
The ground support equipment market covered in this report is segmented –
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
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What are the Emerging Trends Shaping the Future of the Ground Support Equipment Market?
The key trends in the ground support equipment market are:
• There is a growing trend towards the adoption of electric and hybrid Ground Support Equipment (GSE).
• Emphasis on smart GSE solutions is on the rise.
• The industry is progressively focusing on autonomous GSE.
• There is an emerging trend for sustainable and eco-friendly solutions along with modular and customizable equipment.
Who Are the Top Competitors & Leading Players in the Ground Support Equipment Market?
Major companies in the ground support equipment market are:
• John Bean Technologies (JBT) Corporation
• Rheinmetall AG
• Textron Ground Support Equipment Inc.
• Weihai Guangtai Airport Equipment Co. Ltd.
• Mallaghan Engineering Ltd.
• AERO SPECIALTIES INC.
• Cavotec SA
• Tronair Inc.
• TLD Group
• ITW GSE
• Kalmar Motor AB
• GATE GSE
• Jungheinrich AG
• Lektro Inc.
• Advanced Charging Technologies
• Cobus Industries GmbH
• ALVEST Group
• Flightline Support Ltd.
• Aeroservices Ltd
• Dabico Airport Solutions
• ADELTE GROUP SL.
• 247GT Ltd.
• Mulag Fahrzeugwerk Heinz Wössner GmbH u. Co. KG
• TUG Technologies Corporation
• Powervamp Ltd.
• TCR International
• Aviaco GSE
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the ground support equipment market in 2024
