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Aircraft Ground Support Equipment Trends and Forecast

The future of the global aircraft ground support equipment market looks promising with opportunities in the commercial and defense markets. The global aircraft ground support equipment market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increase in air travel worldwide, growing the amount of money invested on airport infrastructure in underdeveloped countries, as well as, technological innovations in ground support equipment.
Aircraft Ground Support Equipment Trends and Forecast

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Aircraft Ground Support Equipment by Segment

Aircraft Ground Support Equipment by Segment

The study includes a forecast for the global aircraft ground support equipment by equipment, power, ownership, application, and region.

Aircraft Ground Support Equipment Market by Equipment [Shipment Analysis by Value from 2018 to 2030]:


• Passenger Service
• Boarding Steps & Stairs
• Airport Buses & Transport
• Beds/Chairs Lifts
• Aircraft Service
• Others

Aircraft Ground Support Equipment Market by Power [Shipment Analysis by Value from 2018 to 2030]:


• Electric
• Non-Electric
• Hybrid

Aircraft Ground Support Equipment Market by Ownership [Shipment Analysis by Value from 2018 to 2030]:


• New Sales
• Rental/Lease

Aircraft Ground Support Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:


• Commercial
• Defense

Aircraft Ground Support Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:


• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Aircraft Ground Support Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aircraft ground support equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aircraft ground support equipment companies profiled in this report include-
• JBT Corporation
• Air T
• Textron
• China International Marine Containers
• Weihai Guangtai Airport Equipment
• Cavotec
• ALVEST Group

Aircraft Ground Support Equipment Market Insights

Lucintel forecasts that aircraft service will remain the largest segment over the forecast period due to rising passenger movement.
Within this market, commercial is expected to witness the higher growth due to increasing air traffic across the world, and growing tourism.
North America is expected to witness highest growth over the forecast period due to increasing passenger traffic combined with an increase in the need for electric and hybrid ground support equipment.

Features of the Global Aircraft Ground Support Equipment Market

Market Size Estimates: Aircraft ground support equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aircraft ground support equipment market size by equipment, power, ownership, application, and region in terms of value ($B).
Regional Analysis: Aircraft ground support equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different equipment, power, ownership, application, and regions for the aircraft ground support equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aircraft ground support equipment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for aircraft ground support equipment market?
Answer: The global aircraft ground support equipment market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the aircraft ground support equipment market?
Answer: The major drivers for this market are increase in air travel worldwide, growing the amount of money invested on airport infrastructure in underdeveloped countries, as well as, technological innovations in ground support equipment.
Q3. What are the major segments for aircraft ground support equipment market?
Answer: The future of the global aircraft ground support equipment market looks promising with opportunities in the commercial and defense markets.
Q4. Who are the key aircraft ground support equipment market companies?
Answer: Some of the key aircraft ground support equipment companies are as follows:
• JBT Corporation
• Air T
• Textron
• China International Marine Containers
• Weihai Guangtai Airport Equipment
• Cavotec
• ALVEST Group
Q5. Which aircraft ground support equipment market segment will be the largest in future?
Answer: Lucintel forecasts that aircraft service will remain the largest segment over the forecast period due to rising passenger movement.
Q6. In aircraft ground support equipment market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing passenger traffic combined with an increase in the need for electric and hybrid ground support equipment.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the aircraft ground support equipment market by equipment (passenger service, boarding steps & stairs, airport buses & transport, beds/chairs lifts, aircraft service, and others), power (electric, non-electric, and hybrid), ownership (new sales and rental/lease), application (commercial and defense), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Aircraft Ground Support Equipment Market, Aircraft Ground Support Equipment Market Size, Aircraft Ground Support Equipment Market Growth, Aircraft Ground Support Equipment Market Analysis, Aircraft Ground Support Equipment Market Report, Aircraft Ground Support Equipment Market Share, Aircraft Ground Support Equipment Market Trends, Aircraft Ground Support Equipment Market Forecast, Aircraft Ground Support Equipment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents

1. Executive Summary
2. Global Aircraft Ground Support Equipment Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Aircraft Ground Support Equipment Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Aircraft Ground Support Equipment Market by Equipment
3.3.1: Passenger Service
3.3.2: Boarding Steps & Stairs
3.3.3: Airport Buses & Transport
3.3.4: Beds/Chairs Lifts
3.3.5: Aircraft Service
3.3.6: Others
3.4: Global Aircraft Ground Support Equipment Market by Power
3.4.1: Electric
3.4.2: Non-electric
3.4.3: Hybrid
3.5: Global Aircraft Ground Support Equipment Market by Ownership
3.5.1: New Sales
3.5.2: Rental/Lease
3.6: Global Aircraft Ground Support Equipment Market by Application
3.6.1: Commercial
3.6.2: Defense
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Aircraft Ground Support Equipment Market by Region
4.2: North American Aircraft Ground Support Equipment Market
4.2.1: North American Aircraft Ground Support Equipment Market by Equipment: Passenger Service, Boarding Steps & Stairs, Airport Buses & Transport, Beds/Chairs Lifts, Aircraft Service, and Others
4.2.2: North American Aircraft Ground Support Equipment Market by Application: Commercial and Defense
4.3: European Aircraft Ground Support Equipment Market
4.3.1: European Aircraft Ground Support Equipment Market by Equipment: Passenger Service, Boarding Steps & Stairs, Airport Buses & Transport, Beds/Chairs Lifts, Aircraft Service, and Others
4.3.2: European Aircraft Ground Support Equipment Market by Application: Commercial and Defense
4.4: APAC Aircraft Ground Support Equipment Market
4.4.1: APAC Aircraft Ground Support Equipment Market by Equipment: Passenger Service, Boarding Steps & Stairs, Airport Buses & Transport, Beds/Chairs Lifts, Aircraft Service, and Others
4.4.2: APAC Aircraft Ground Support Equipment Market by Application: Commercial and Defense
4.5: ROW Aircraft Ground Support Equipment Market
4.5.1: ROW Aircraft Ground Support Equipment Market by Equipment: Passenger Service, Boarding Steps & Stairs, Airport Buses & Transport, Beds/Chairs Lifts, Aircraft Service, and Others
4.5.2: ROW Aircraft Ground Support Equipment Market by Application: Commercial and Defense
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Aircraft Ground Support Equipment Market by Equipment
6.1.2: Growth Opportunities for the Global Aircraft Ground Support Equipment Market by Power
6.1.3: Growth Opportunities for the Global Aircraft Ground Support Equipment Market by Ownership
6.1.4: Growth Opportunities for the Global Aircraft Ground Support Equipment Market by Application
6.1.5: Growth Opportunities for the Global Aircraft Ground Support Equipment Market by Region
6.2: Emerging Trends in the Global Aircraft Ground Support Equipment Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Aircraft Ground Support Equipment Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Aircraft Ground Support Equipment Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: JBT Corporation
7.2: Air T
7.3: Textron
7.4: China International Marine Containers
7.5: Weihai Guangtai Airport Equipment
7.6: Cavotec
7.7: ALVEST Group
.

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A 150 Page Report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.