Ground Support Equipment (GSE) - Global Strategic Business Report

Global Ground Support Equipment (GSE) Market to Reach $24.4 Billion by 2030

The global market for Ground Support Equipment (GSE) estimated at US$8.2 Billion in the year 2022, is projected to reach a revised size of US$24.4 Billion by 2030, growing at a CAGR of 14.6% over the analysis period 2022-2030. Non-Electric, one of the segments analyzed in the report, is projected to record 14.2% CAGR and reach US$13.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Electric segment is readjusted to a revised 16.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 18.9% CAGR

The Ground Support Equipment (GSE) market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6 Billion by the year 2030 trailing a CAGR of 18.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.9% and 13% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.1% CAGR.

Select Competitors (Total 42 Featured) -

• Aircraft Maintenance Support Services Ltd.
• Avia Equipment Pte Ltd.
• Clyde Machines, Inc.
• Gate Gse
• JBT Corporation
• Mallaghan Engineering Ltd.
• Mulag Fahrzeugwerk GmbH
• Shenzhen CIMC-TianDa Airport Support Ltd.
• Teleflex Lionel-Dupont (Tld)
• Tronair, Inc.
• TUG Technologies Corporation
• Weihai Guangtai Airport Equipment Co., Ltd.

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