Aircraft Ground Support Equipment Market

2019 Analysis and Review of Aircraft Ground Support Equipment Market by Application - Commercial, Defense for 2019 - 2027

  • 2020-02-14
  • REP-GB-2854
  • 71 Tables
  • 137 Figures
  • 239 pages
  • Format: PDF/PPT/Excel

An Incisive, In-depth Analysis on the Aircraft Ground Support Equipment Market

This study offers a comprehensive, 360 degree analysis on the Aircraft Ground Support Equipment market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Aircraft Ground Support Equipment market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Key Factors Shaping Aircraft Ground Support Equipment Market

Operational and Functional Advantages of Aircraft Ground Support Equipment

Customers look forward to operational efficiency, especially in passenger aircraft, with increase in ground handling services. Most of these ground services are directly not related to the actual aircraft journey. In order to minimize the turnaround time, speed, efficiency, and accuracy are important factors in ground handling services. Aircraft ground support equipment helps in achieving operational tasks with efficiency and accuracy. Due to this operational advantage, aircraft ground support equipment have become one of the most desired equipment at airports.

Various applications of aircraft ground support equipment, to help additional functions on the ground such as cargo loading and unloading, aircraft refueling, potable water storage, fuselage and engine examination, are bolstering demand in the market.

Convenience of Renting for Aircraft Ground Support Equipment

Renting the equipment allows one to acquire assets with minimal initial expenditure and makes it easy for the end user to stay within budgetary constraints. This also leads to negligible maintenance costs, zero risk of obsolescence, and budgeting with more flexible terms and significant advantages.

Increasing Passenger Travel Paving Way for Market Growth

The number of air travel passengers is growing day-by-day across the globe, with an establishment of more than 700 routes for superior connectivity. According to the International Air Transport Association, the Asia Pacific passenger traffic rose by 7.3% in 2018. Robust regional economic expansion with new route options for travelers have increase the demand for aircrafts in the region. Such an increase creates new challenge for the government to provide appropriate infrastructure, technology, and equipment that can accommodate the growth and assure that regulations and taxes do not turn up into a restraining factor. This progression in passenger traffic will also drive growth of the market of aircraft ground support equipment.

Focus on Efficiency and Reduction of Operational Time Lag

The aircraft ground support equipment market has witnessed a significant contribution to its growth from the expansion of airport and airline industry. Requirement of high optimization and efficiency define high performance of the equipment. High rate of growth of air traffic with a relatively low rate of expansion of airports and the construction of new ones leads to decrease in the time of service per flight. To do so, equipment which are previously used are being replaced by new and more efficient ones. Any bottleneck in the line of process will delay other flights in line and increase the operational cost as well. Going further, the inclination towards consumption of ground support equipment market will increase because of its effectiveness to reduce time lag.

Aircraft Ground Support Equipment Market Structure Analysis

  • The presence of less tier I players such as JBT Corporation, Air T, Inc., Textron, Inc., China International Marine Containers (Group) Co., Ltd., Weihai Guangtai Airport Equipment Co., Ltd., makes the aircraft ground support equipment market fragmented. Tier-2 players hold a major share, which involves large number of players including companies such as Cavotec SA, ALVEST Group, Mulag Fahrzeugwerk Heinz Wössner GmbH u. Co. KG, Tronair, Inc., and Lektro Inc., among others.

FREQUENTLY ASKED QUESTIONS ABOUT Aircraft Ground Support Equipment Market

How will the aircraft ground support equipment market be critical in the future?

The global aircraft ground support equipment is primarily driven by the growing passenger traffic, especially in emerging countries of Asia Pacific. Rise in electrification and technological advancements for high performance with minimum labor work are anticipated to propel the sales of aircraft ground support equipment. Increase in cargo shipments due to just-in-time strategy will lead to dominate the further propel aircraft ground support equipment market growth.

Will rental/lease services affect the future trajectory of the aircraft ground support equipment market?

Renting the equipment, has made it easy for end users to stay within budgetary constraints. Minimal initial expenditure is also one of the driving factors, which will lead market growth for rental/lease services. Furthermore, zero risk of obsolescence, negligible maintenance costs, and budgeting with more flexible terms will remain significant influencing factors of the rental/lease services of the market.

Which equipment area holds potential growth opportunities for aircraft ground support equipment market players?

While aviation sector continues to influence growth strategies, growing demand for ground support equipment in aircraft services and cargo loading will result in increased market share.

What is the degree of competition in the aircraft ground support equipment market?

Aircraft ground support equipment market shows a fragmented competition structure, along with large number of regional and local market players. In the current scenario, industry leaders such as JBT Corporation, Air T, Inc., Textron, Inc., China International Marine Containers (Group) Co., Ltd., Weihai Guangtai Airport Equipment Co., Ltd., collectively hold around one-fourth of the total revenue share.

Which region will lead the global sales of aircraft ground support equipment?

North America remains in the forefront of the aircraft ground support equipment market. Asia Pacific region, with strong emergence of aircraft ground support equipment in China and India is anticipated to witness growth in aircraft ground support equipment.

Aircraft Ground Support Equipment Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2027

The research report by Future Market Insights (FMI) on the global aircraft ground support equipment market offers an eight-year forecast from 2019 to 2027. This report on the aircraft ground support equipment market includes global industry analysis for 2014-2018 and opportunity assessment for 2019-2027, along with a complete valuation of the most important market dynamics. For the research study of aircraft ground support equipment, 2018 has been considered as the base year. This report includes detailed assessment on the aircraft ground support equipment market structure, along with key market dynamics such as drivers, restraints, opportunities, and trends.

Key indicators of market growth, such as supply chain and value chain analysis, Compounded Annual Growth Rate (CAGR), and Year-on-Year (Y-o-Y) growth of the market are explained in FMI’s report in a comprehensive manner. After conducting thorough research on the historical as well as current growth parameters of the aircraft ground support equipment market, the growth prospects of the market are obtained with maximum precision.

Aircraft Ground Support Equipment Market: Segmentation

The global aircraft ground support equipment market is segmented to cover every aspect of the market in detail and present complete market intelligence to readers.

Equipment

Power

Ownership

Application

Region

  • Passenger Services
    • Boarding Steps & Stairs
    • Airport Buses & Transport
    • Beds/Chairs Lifts
  • Cargo Loading
    • Container Loaders
    • Belt Loaders
    • Cargo Transporters
    • Cargo Dollies
  • Aircraft Service
    • Refuelers
    • Tugs & Tractors
    • Ground Power Units (GPU)
    • Air Start Units (ASU)
    • Lavatory Service Vehicles
    • De-icing Vehicles
    • Rescue & Firefighting
    • Air Conditioners
    • Others
  • Electric
  • Non-electric
  • Hybrid
  • New Sales
  • Rental/Lease
  • Commercial
  • Defense
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APAC excluding Japan
  • MEA
  • Japan

Report Chapters

Chapter 01 – Executive Summary

The report begins with the executive summary of the aircraft ground support equipment market. This chapter includes a brief summary of the statistics and key findings of the market, along with overall market approaches, target geographies, and differential strategies.

Chapter 02 – Market Introduction

Readers can find the definition and a detailed taxonomy of the aircraft ground support equipment market in this chapter, which will help them understand the basic information about the aircraft ground support equipment market.

Chapter 03 – Global Aircraft Ground Support Equipment Market Viewpoint

In this chapter, market dynamics such as drivers, restraints, trends, and opportunities are provided. Through this, stockholders can gain knowledge by studying different trends and challenges in the market. Furthermore, this segment elaborates on the behavior of consumers and suppliers. Along with this, macroeconomic factors affecting the aircraft ground support equipment market are also included. This section offers more information about the supply chain of the aircraft ground support equipment market.

Chapter 04 – Global Aircraft Ground Support Equipment Market Analysis 2014-2018 & Forecast 2019-2027

In this chapter, we have covered the market revenue and Y-o-Y growth of the aircraft ground support equipment market. Through this, stockholders can gain knowledge of absolute dollar opportunity during the forecast period (2019-2027) Furthermore, this segment elaborates the global pricing of the equipment along with the value chain analysis.

Chapter 05- Global Aircraft Ground Support Equipment Market Analysis 2014-2018 & Forecast 2019-2027 by Equipment

Based on equipment, the aircraft ground support equipment market is segmented into passenger services (boarding steps/stairs, airport buses & transport and bed/chair lifts), cargo loading (container loaders, catering vehicles, belt loaders, cargo transporters, and cargo dollies) and aircraft services (refuelers, tugs & tractors, ground power unit (gpu), air start unit (asu), lavatory service vehicle, de/anti-icing vehicle, rescue & firefighting, air conditioners and others. in this chapter, readers can find information about the annual growth of each segment, market share, and market attractiveness analysis based on equipment.

Chapter 06 – Global Aircraft Ground Support Equipment Market Analysis 2014-2018 & Forecast 2019-2027 by Power

Based on power, the aircraft ground support equipment market is segmented into non-electric, electric, and hybrid. In this chapter, readers can find information about the annual growth of each segment, market share, and market attractiveness analysis based on power.

Chapter 07 – Global Aircraft Ground Support Equipment Market Analysis 2014-2018 & Forecast 2019-2027 by Application

Based on application, the aircraft ground support equipment market is segmented into commercial and defense. In this chapter, readers can find information about the annual growth of each segment, market share, and market attractiveness analysis based on application.

Chapter 08 – Global Aircraft Ground Support Equipment Market Analysis 2014-2018 & Forecast 2019-2027 by Ownership

Based on ownership, the aircraft ground support equipment market is segmented into new sales and rental/lease. In this chapter, readers can find information about the annual growth of each segment, market share, and market attractiveness analysis based on application.

Chapter 09 – Global Aircraft Ground Support Equipment Market Analysis 2014-2018 & Forecast 2019-2027 by Region

This chapter explains how the Aircraft Ground Support Equipment market is anticipated to grow across various geographic regions such as North America, Latin America, Asia Pacific excluding Japan, Western Europe, Eastern Europe, the Middle East & Africa, and Japan.

Chapter 10 – North America Aircraft Ground Support Equipment Market Analysis 2014-2018 & Opportunity Assessment 2019-2027

This chapter includes a detailed analysis of the growth of the North America aircraft ground support equipment market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the impact analysis of market dynamics, and market growth according to various segments and countries in North America.

Chapter 11 – Latin America Aircraft Ground Support Equipment Market Analysis 2014-2018 & Opportunity Assessment 2019-2027

This chapter provides the growth scenario of the aircraft ground support equipment market in countries in Latin America such as Brazil, Mexico, and the Rest of Latin America. Along with this, an assessment of the market across target segments has been provided.

Chapter 12 – Western Europe Aircraft Ground Support Equipment Market Analysis 2014-2018 & Opportunity Assessment 2019-2027

Important growth prospects of the aircraft ground support equipment market based on its end users in several countries such as Germany, France, Italy, the U.K., Spain, and the Rest of Western Europe are included in this chapter, which gives an assessment of the market across all target segments.

Chapter 13 – Eastern Europe Aircraft Ground Support Equipment Market Analysis 2014-2018 & Opportunity Assessment 2019-2027

Important growth prospects of the aircraft ground support equipment market based on its end users in several countries such as Russia, Poland, and the Rest of Eastern Europe are included in this chapter, which gives an assessment of the market across all target segments.

Chapter 14 – APEJ Aircraft Ground Support Equipment Market Analysis 2014-2018 & Opportunity Assessment 2019-2027

This chapter highlights the growth of the aircraft ground support equipment market in Asia Pacific by focusing on China, India, Australia and New Zealand, ASEAN, and the Rest of APEJ. This section also helps readers understand key factors that are responsible for the growth of the aircraft ground support equipment market in Asia Pacific excluding Japan.

Chapter 15 – Middle East & Africa Aircraft Ground Support Equipment Market Analysis 2014-2018 & Opportunity Assessment 2019-2027

In this chapter, readers can find the growth prospects of the aircraft ground support equipment market in GCC Countries, Turkey, South Africa, and the Rest of Middle East & Africa, with the impact of market dynamics over the forecast period.

Chapter 16 – Japan Aircraft Ground Support Equipment Market Analysis 2014-2018 & Opportunity Assessment 2019-2027

In this chapter, readers can find the growth prospects of the aircraft ground support equipment market in Japan, with the impact of market dynamics over the forecast period.

Chapter 17 – Competition Landscape

In this chapter, readers can find detailed information about the industry structure analysis and leading players with their share. Furthermore, in this chapter, readers can find market share analysis methodology, market share analysis, supplier capacity, competition dashboard, comprehensive list of all the prominent stakeholders in aircraft ground support equipment market, and company profiles. In the TOC section, key players in the aircraft ground support equipment market have been mentioned.

Chapter 18 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the aircraft ground support equipment market report.

Chapter 19 – Research Methodology

This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, about the aircraft ground support equipment market.

Sources and Primary Research Splits (%)

Industry Interactions

  • C - Level Executives
  • Marketing Directors
  • Product Managers 
  • Business Development Officers 
  • Production Managers
  • Procurement Heads
  • Sales Executives
  • Distributors
  • Traders 
  • Raw Material Suppliers
  • Industry Experts
  • End Users
  • Current market dynamics and challenges
  • Yesteryear trends 
  • Market characteristics
  • Market performance and growth quadrants
  • Competition structure and market structure
  • Strategic growth initiatives
  • Near-term and long-term market growth prospects
  • Market segment splits and authenticity
  • Opinions on market projections and validity of assumptions

Primary Interview Splits aircraft ground support equipment market designation

References Catalogue

  • Industry Publications
    • OICA
  • Industry Associations
    • SIAM
  • NAATA
  • Factiva
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Primary Interview Splits aircraft ground support equipment market stakeholder

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