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Ground Support Equipment Market by Type (Powered GSE, Non-powered GSE), Application (Aircraft handling, Passenger handling, Cargo handling) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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AE_172174
Pages: 140
Apr 2017 | 3867 Views
 
Author's : Seapee Bajaj
Tables: 42
Charts: 23
 

Ground Support Equipment Market Overview:

Global Ground Support Equipment Market involves the study of various GSE applications such as aircraft handling, passenger handling, and cargo handling. For instance, GSE such as deicers, ground power units, fuel trucks, pre-conditioned air (PCA) units, and hydrant trucks are especially deployed for aircraft handling. Equipment such as belt loaders/conveyors, cabin service vehicles, boarding stairs, lavatory service vehicles, and passenger buses serve the purpose of passenger handling. In addition, cargo/container loaders, pushback tractors, and forklifts are used for cargo handling application. Powered equipment consist of refuelers, ground power equipment, tugs & tractors, portable water truck, generators, baggage conveyor/belt loader, passenger buses, catering truck, passenger boarding stairs, air compressors, portable floodlights, air conditioners, container loaders, lavatory service vehicles, and de-icing vehicles. The equipment studied under non-powered GSE are chocks baggage carts, trestles, intake exhaust cover, oil cart, air cart, dollies, sling cables, ladders, and aircraft jacks.

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Over the years, the aviation industry has witnessed continuous growth in the development of ground support equipment. The ground support equipment market is widely driven by increase in air-traffic; upsurge in terminal expansions & modernization; increasing number of passengers; and increase in the number of aircraft deliveries across the world. However, the need for huge initial investments is the possible hindrances to the growth of the market.

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The report focuses on the growth prospects and restraints of the GSE market based on the analysis of regional trends. The study provides Porters five forces analysis of the market to understand the impact of factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the growth of the market.

Some of the significant players in the GSE market that are profiled in the report are Tug Technologies Corporation, GATE GSE, Weihai Guangtai Airports Equipment Co., Ltd., Imai Aero-Equipment Mfg. Co. Ltd., Mallaghan Engineering, Ltd., AERO Specialties, Inc., Cavotec SA, Flightline Support Ltd., JBT Corporation, and Douglas Equipment Ltd.

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Segment Overview

The ground support equipment market is categorized under type, application, and geography. Powered and non-powered equipment are the types of GSE. Further, the applications analyzed in the study are aircraft handling, passenger handling, and cargo handling.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA) including country-level analysis for each region.

Ground Support Equipment Market Segmentation

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Top Impacting Factors

According to the current and the future impact of the various factors impacting the global ground support equipment market, increased focus of airports on enhancing operational efficiency, increase in air traffic and cargo, and increased focus towards procurement of green GSE are projected to have a positive influence on the market during the forecast period. In addition, emerging use of wireless technology and high service standards are expected to boost the market growth. However, the impact of factors such as high costs involved is expected to diminish during the forecast period.

Increased Focus of Airports on Enhancing Operational Efficiency

Airports are making large and significant improvements to increase their operating efficiency and decrease the turnaround time. The emergence of underground GSE has helped enhance the speed of operations and has reduced the congestion of equipment on the airport. In 2012, Auckland airport deployed the Cisco IP Interoperability and Collaboration System (IPICS) solution, a solution that simplifies daily radio dispatch operations and allows organizations to rapidly respond to incidents, emergencies, and facility events, to improve its communication system and operational efficiency. The benefit of enhancing operational efficiency is that it helps in the reduction in the operational cost and increases profit. Therefore, it is important for the airport authorities to have competent ground support equipment.

Increase in Air Traffic and Cargo

Significant increase in the number of air passengers and cargo transportation has been witnessed across the globe. In addition, this growth is projected to continue throughout the forecast period, which is anticipated to increase the adoption of advanced GSE by airports. For instance, according to the World Bank, the number of air passengers worldwide increased by 6.9% in 2015 as compared to that in 2014. According to International Air Transport Association (IATA), 52.2 million metric tons of cargo was transported in 2015 and is predicted to increase at a 4.1% CAGR for the next 5 years. Thus, growing number of passengers as well as cargo has augmented the demand for ground support equipment.

Increased Focus Towards Procurement of Greener Gse

Clean and green environment is the need of the hour. Authorities presently focus on procurement of greener GSE that conforms to the stringent emission norms imposed by governments. Greener GSE would insure the reduction in the carbon footprint. Use of power coating paint instead of liquid painted GSE, manufacturing design equipment that can be folded or taken apart to maximize shipping size, use of electric vehicles, recycling of equipment are some examples of how airports can focus on greener GSE. Huge investment in research & development are made to accomplish the same.

Key Benefits

  • This study comprises analytical depiction of the global ground support equipment market with current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends for gaining a stronger coverage in the market.
  • The report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2014 to 2022, which is provided to highlight the financial competency of the market.
  • Porters five forces analysis illustrates the potency of the buyers and suppliers in the ground support equipment industry.

Ground Support Equipment Market Key Segments:

The ground support equipment market is segmented on the basis of type, application, and geography.

By Type

  • Powered GSE
  • Non-powered GSE

By Application

  • Aircraft handling
  • Passenger handling
  • Cargo handling

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players Profiled

  • Tug Technologies Corporation
  • GATE GSE
  • Weihai Guangtai Airports Equipment Co., Ltd.
  • Imai Aero-Equipment Mfg. Co. Ltd.
  • Mallaghan Engineering, Ltd.
  • AERO Specialties, Inc.
  • Cavotec SA
  • Flightline Support Ltd.
  • JBT Corporation
  • Douglas Equipment Ltd.

Other Companies Mentioned in the Report

  • Cisco Systems, Inc.
  • Plug Power, Inc.
  • ACCESSAIR Systems, Inc.
  • Jazz Aviation
  • Air Canada
  • DESKO GmbH
  • TLD Group
  • Airbus SAS
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVES

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets

3.3. PORTER’S FIVE FORCES ANALYSIS

3.3.1. Moderate bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. High intensity of rivalry
3.3.5. High bargaining power of buyers

3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Increase in air traffic and cargo
3.4.1.2. Increased focus of airports on enhancing operational efficiency
3.4.1.3. High service standards
3.4.1.4. Leasing of ground support equipment

3.4.2. Restraints

3.4.2.1. Huge initial investment

3.4.3. Opportunities

3.4.3.1. Increased focus towards procurement of greener GSE
3.4.3.2. Outsourcing of maintenance, repair and overhaul (MRO) to the third party
3.4.3.3. Emerging use of wireless technology

3.4.4. Top impacting factors

Chapter: 4 GROUND SUPPORT EQUIPMENT MARKET, BY TYPE

4.1. OVERVIEW
4.2. POWERED GROUND SUPPORT EQUIPMENT

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. NON-POWERED GROUND SUPPORT EQUIPMENT

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

Chapter: 5 GROUND SUPPORT EQUIPMENT MARKET, BY APPLICATION

5.1. OVERVIEW
5.2. AIRCRAFT HANDLING

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. PASSENGER HANDLING

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

5.4. CARGO HANDLING

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast

Chapter: 6 GROUND SUPPORT EQUIPMENT MARKET, BY GEOGRAPHY

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast
6.2.4. U.S.

6.2.4.1. Market size and forecast

6.2.5. Canada

6.2.5.1. Market size and forecast

6.2.6. Mexico

6.2.6.1. Market size and forecast

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast
6.3.4. Germany

6.3.4.1. Market size and forecast

6.3.5. UK

6.3.5.1. Market size and forecast

6.3.6. France

6.3.6.1. Market size and forecast

6.3.7. Russia

6.3.7.1. Market size and forecast

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast
6.4.4. China

6.4.4.1. Market size and forecast

6.4.5. Japan

6.4.5.1. Market size and forecast

6.4.6. India

6.4.6.1. Market size and forecast

6.4.7. Australia

6.4.7.1. Market size and forecast

6.4.8. Rest of Asia-Pacific

6.4.8.1. Market size and forecast

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast
6.5.4. Latin America

6.5.4.1. Market size and forecast

6.5.5. Middle East

6.5.5.1. Market size and forecast

6.5.6. Africa

6.5.6.1. Market size and forecast

Chapter: 7 COMPANY PROFILES

7.1. AERO SPECIALTIES, INC.

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio

7.2. CAVOTEC SA

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance

7.3. DOUGLAS EQUIPMENT LIMITED

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance

7.4. FLIGHTLINE SUPPORT LTD.

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio

7.5. GATE GSE

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance

7.6. IMAI AERO-EQUIPMENT MFG. CO. LTD.

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance

7.7. JBT CORPORATION

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments

7.8. MALLAGHAN

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio

7.9. TUG TECHNOLOGIES CORPORATION

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance

7.10. WEIHAI GUANGTAI AIRPORTS EQUIPMENT CO., LTD.

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio

LIST OF TABLES

TABLE 1. GLOBAL GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY TYPE, 2016-2023($BILLION)
TABLE 2. GROUND SUPPORT EQUIPMENT MARKET REVENUE FOR POWERED GROUND SUPPORT EQUIPMENT, BY GEOGRAPHY, 2016-2023($BILLION)
TABLE 3. GROUND SUPPORT EQUIPMENT MARKET REVENUE FOR NON-POWERED GROUND SUPPORT EQUIPMENT, BY GEOGRAPHY, 2016-2023($BILLION)
TABLE 4. GLOBAL GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY APPLICATION, 2016-2023 ($BILLION)
TABLE 5. GROUND SUPPORT EQUIPMENT MARKET REVENUE FOR AIRCRAFT HANDLING, BY GEOGRAPHY, 2016-2023 ($BILLION)
TABLE 6. GROUND SUPPORT EQUIPMENT MARKET REVENUE FOR PASSENGER HANDLING, BY GEOGRAPHY, 2016-2023 ($BILLION)
TABLE 7. GROUND SUPPORT EQUIPMENT MARKET REVENUE FOR CARGO HANDLING, BY GEOGRAPHY, 2016-2023 ($BILLION)
TABLE 8. GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($BILLION)
TABLE 9. NORTH AMERICAN GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY APPLICATION, 2016-2023 ($BILLION)
TABLE 10. NORTH AMERICAN GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY COUNTRY, 2016-2023 ($BILLION)
TABLE 11. U.S. GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 12. CANADA GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 13. MEXICO GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2017-2023 ($BILLION)
TABLE 14. EUROPE GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY SUB-SYSTEM, 2016-2023 ($BILLION)
TABLE 15. EUROPE GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY COUNTRY, 2016-2023 ($BILLION)
TABLE 16. GERMANY GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 17. UK GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 18. FRANCE GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 19. RUSSIA GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2015-2023 ($BILLION)
TABLE 20. REST OF EUROPE GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 21. ASIA-PACIFIC GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY APPLICATION, 2016-2023 ($BILLION)
TABLE 22. ASIA-PACIFIC GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY COUNTRY, 2016-2023 ($BILLION)
TABLE 23. CHINA GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 24. JAPAN GROUND SUPPORT EQUIPMENT MARKET REVENUE , 2016-2023 ($BILLION)
TABLE 25. INDIA GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 26. AUSTRALIA GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 27. REST OF ASIA-PACIFIC GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 28. LAMEA GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY SUB-SYSTEM, 2016-2023 ($BILLION)
TABLE 29. LAMEA GROUND SUPPORT EQUIPMENT MARKET REVENUE, BY COUNTRY, 2016-2023 ($BILLION)
TABLE 30. LATIN AMERICA GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 31. MIDDLE EAST GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2015-2023 ($BILLION)
TABLE 32. AFRICA GROUND SUPPORT EQUIPMENT MARKET REVENUE, 2016-2023 ($BILLION)
TABLE 33. AERO: COMPANY SNAPSHOT
TABLE 34. AERO: OPERATING SEGMENTS
TABLE 35. AERO: PRODUCT PORTFOLIO
TABLE 36. CAVOTEC: COMPANY SNAPSHOT
TABLE 37. CAVOTEC: OPERATING SEGMENTS
TABLE 38. CAVOTEC: PRODUCT PORTFOLIO
TABLE 39. DOUGLAS EQUIPMENT: COMPANY SNAPSHOT
TABLE 40. DOUGLAS EQUIPMENT: OPERATING SEGMENTS
TABLE 41. DOUGLAS EQUIPMENT: PRODUCT PORTFOLIO
TABLE 42. FLIGHTLINE: COMPANY SNAPSHOT
TABLE 43. FLIGHTLINE: OPERATING SEGMENTS
TABLE 44. FLIGHTLINE: PRODUCT PORTFOLIO
TABLE 45. GATE: COMPANY SNAPSHOT
TABLE 46. GATE: OPERATING SEGMENTS
TABLE 47. GATE: PRODUCT PORTFOLIO
TABLE 48. IMAI: COMPANY SNAPSHOT
TABLE 49. IMAI: OPERATING SEGMENTS
TABLE 50. IMAI: PRODUCT PORTFOLIO
TABLE 51. JBT: COMPANY SNAPSHOT
TABLE 52. JBT: OPERATING SEGMENTS
TABLE 53. JBT: PRODUCT PORTFOLIO
TABLE 54. MALLAGHAN: COMPANY SNAPSHOT
TABLE 55. MALLAGHAN: OPERATING SEGMENTS
TABLE 56. MALLAGHAN: PRODUCT PORTFOLIO
TABLE 57. TUG: COMPANY SNAPSHOT
TABLE 58. TUG: OPERATING SEGMENTS
TABLE 59. TUG: PRODUCT PORTFOLIO
TABLE 60. WEIHAI GUANGTAI: COMPANY SNAPSHOT
TABLE 61. WEIHAI GUANGTAI: OPERATING SEGMENTS
TABLE 62. WEIHAI GUANGTAI: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 1. MARKET SEGMENTATION
FIGURE 2. EXECUTIVE SUMMARY
FIGURE 3. TOP INVESTMENT POCKETS (2015)
FIGURE 4. GLOBAL GROUND SUPPORT EQUIPMENT MARKET SHARE, BY TYPE, 2015-2023 (%)
FIGURE 5. GLOBAL GROUND SUPPORT EQUIPMENT MARKET SHARE FOR POWERED GROUND SUPPORT EQUIPMENT, 2015-2023 (%)
FIGURE 6. GLOBAL GROUND SUPPORT EQUIPMENT MARKET SHARE FOR NON-POWERED GROUND SUPPORT EQUIPMENT, 2015-2023 (%)
FIGURE 7. GLOBAL GROUND SUPPORT EQUIPMENT MARKET SHARE, BY APPLICATION, 2015-2023 (%)
FIGURE 8. GLOBAL GROUND SUPPORT EQUIPMENT MARKET SHARE FOR AIRCRAFT HANDLING, 2015-2023 (%)
FIGURE 9. GLOBAL GROUND SUPPORT EQUIPMENT MARKET SHARE FOR PASSENGER HANDLING, 2015-2023 (%)
FIGURE 10. GLOBAL GROUND SUPPORT EQUIPMENT MARKET SHARE FOR CARGO HANDLING, 2015-2023 (%)
FIGURE 11. NORTH AMERICAN GROUND SUPPORT EQUIPMENT MARKET SHARE, BY COUNTRY, 2015-2023 (%)
FIGURE 12. EUROPE GROUND SUPPORT EQUIPMENT MARKET SHARE, BY COUNTRY, 2015-2023 (%)
FIGURE 13. ASIA-PACIFIC GROUND SUPPORT EQUIPMENT MARKET SHARE, BY COUNTRY, 2015-2023 (%)
FIGURE 14. LAMEA GROUND SUPPORT EQUIPMENT MARKET SHARE, BY COUNTRY, 2015-2023 (%)
FIGURE 15. CAVOTEC: NET SALES, 2014-2016 ($MILLION)
FIGURE 16. CAVOTEC: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 17. CAVOTEC: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 18. DOUGLAS EQUIPMENT: NET SALES, 2014-2016 ($MILLION)
FIGURE 19. DOUGLAS EQUIPMENT: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 20. DOUGLAS EQUIPMENT: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 21. JBT: NET SALES, 2014-2016 ($MILLION)
FIGURE 22. JBT: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 23. JBT: REVENUE SHARE BY GEOGRAPHY, 2016 (%)

 

Ground support equipment comprise equipment installed on the airports for the purpose of aircraft handling, passenger handling, and cargo handling. The demand for GSE has witnessed an increase, especially in the Middle East and Asia-Pacific, owing to rise in number of passengers, airports, and freight. However, most of the manufacturers in the GSE market are based in North America generating a significant 43.3% market share in 2016.

The ground support equipment market has witnessed immense growth, owing to rise in air traffic & cargo, increased focus of airports on enhancing operational efficiency, and high service standards. In addition, the leasing of GSE has further propelled the ground support equipment market growth.

Ground support equipment are expected to witness surge in growth rate in LAMEA, followed by Asia-Pacific, Europe, and North America. Asia-Pacific witnesses increase in requirement for aircraft in the industry and is anticipated to have the highest number of aircraft deliveries during the forecast period.

Tug Technologies Corporation, GATE GSE, Weihai Guangtai Airports Equipment Co., Ltd., Imai Aero-Equipment Mfg. Co. Ltd., Mallaghan Engineering, Ltd., AERO Specialties, Inc., Cavotec SA, Flightline Support Ltd., JBT Corporation, and Douglas Equipment Ltd. are some of the key market players that occupy a significant revenue share in the ground support equipment industry.

 

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