Market by Type, Power Source, Application, End-user, and Country Outlook | Forecast 2022-2028
Triton Market Research has concluded that the Ground Support Equipment market in North America would grow with a CAGR of 10.97% in the estimated period from 2022 to 2028.
The countries scrutinized in this region include:
• The United States
• Canada
The North American
market is expected to flourish due to rising government investment to develop
the infrastructure at airports, advancements in technology, and the growing air
traffic. Additionally, there are multiple expansion plans for airports.
Besides, the federal, state, and national governments in the region are also investing
heavily in baggage handling systems owing to the rising cases of baggage
mishandling. Moreover, the proliferating e-commerce industry is also expected
to strengthen the growth of North America’s ground support equipment market over
the forecasted period.
The aerospace industry
in the United States is the largest in the world and boasts of a skilled
workforce, extensive distribution systems, diverse offerings, and strong
support at the local & national level for policy & promotion. Moreover,
the country has some of the busiest airports in the world due to the rising air
passenger traffic. To handle the growing air traffic, airports and airlines in the
country are forming partnerships to provide effective ground handling services.
The United States is thus a huge market for the ground support equipment market.
On the other hand,
Canada’s ground support equipment market is driven primarily by rising government
investments for developing airport infrastructure, growing air traffic, and the
growth in the e-commerce industry. In 2021, the nation’s transport minister
announced funding worth $579 million to support the airport infrastructure as
it recovers from the after-effects of the pandemic. Transport Canada introduced
two new programs - the Airport Relief Fund (ARF) and the Airport Critical Infrastructure
Program (ACIP) - aimed at ensuring smooth operations and developing critical
infrastructure related to connectivity, safety, & security. Such
initiatives will bolster the demand for GSE and support the growth of the
Canadian market.
Commercial cargo
service deals with the adoption of GSE, such as container loaders, cargo
loaders, forklift trucks, pushback tractors, etc., to load, unload, and
transport commercial cargo from the airport to the aircraft and vice versa. Such
equipment can be deployed in various commercial aircraft that are suitable for
carrying cargo. The growth in the e-commerce sector and partnerships &
agreements for commercial cargo delivery, and other factors, are expected to aid
the growth of the commercial cargo service market over the forecasted duration.
The studied report assesses the market’s growth based on end-user, power source, type, and application. Here, the application segment comprises commercial cargo service, passenger service, commercial aircraft service, military aircraft service, and military cargo service. The commercial cargo service segment is further divided as per cargo/container loaders, pushback tractors, and forklifts.
Leading companies considered in the
ground support equipment market include Hydro Systems KG, Rheinmetall AG,
Tronair, Merlinhawk Aerospace, ITW GSE APS, Cobus Industries GmbH, Air Mak
Industries Inc, Mallaghan, and Champion GSE.
Tronair, formerly known
as Danair, was established in 1971. Over the years, it has expanded its product
range in ground support equipment, and boasts of a diverse portfolio of high-quality
GSE product lines. The US-based company is headquartered in Swanton, Ohio. Tronair
has expanded internationally, opening multiple offices and operating authorized
repair facilities globally.
In July 2020, Tronair
announced that dnata USA, one of the leading air services providers in the
United States, selected the company’s EBIS 5.0 software to be deployed across
dnata’s countrywide operations. With its powerful features and functionalities,
EBIS 5.0 has enabled dnata to significantly cut costs and enhance productivity
across its ground support equipment services and other business operations.
Key deliverables of the report:
·
Market
CAGR during the forecasting years 2022-2028
·
Detailed
data highlighting key insights, industry components, and market strategies
·
Comprehensive
information and estimation of the ground support equipment market revenue
growth in North America and its influence on the parent market
·
In-depth
study of forthcoming trends in consumer behavioral patterns
·
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces
·
A
wide-ranging study of factors that will challenge the North America ground
support equipment market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
1. NORTH
AMERICA GROUND SUPPORT EQUIPMENT MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE GROUND SUPPORT EQUIPMENT INDUSTRY
2.2. EVOLUTION
& TRANSITION OF GROUND SUPPORT EQUIPMENT
2.3. KEY
INSIGHTS
2.3.1. INCREASED
TREND IN THE USE OF AUTOMATED GROUND SUPPORT EQUIPMENT
2.3.2. GROWING
FOCUS ON THE ADOPTION OF ENVIRONMENT-FRIENDLY GSE SOLUTIONS
2.3.3. E-COMMERCE
PUSHING THE DEMAND FOR THE EXPANSION OF AIRPORT OPERATIONS
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTE
2.4.3. BARGAINING
POWER OF BUYERS
2.4.4. BARGAINING
POWER OF SUPPLIERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. KEY
IMPACT ANALYSIS
2.5.1. COST
2.5.2. NEW OR
USED
2.5.3. CAPACITY
& EFFICIENCY
2.5.4. AVAILABILITY
OF REPLACEMENT TOOLS
2.6. MARKET
ATTRACTIVENESS INDEX
2.7. VENDOR
SCORECARD
2.8. INDUSTRY
COMPONENTS
2.8.1. RAW
MATERIALS & STANDARD PARTS SUPPLIERS
2.8.2. RESEARCH
& DEVELOPMENT
2.8.3. MANUFACTURING
& SUPPORT SERVICES
2.8.4. RETAIL
& END-USERS
2.9. KEY MARKET
STRATEGIES
2.9.1. MERGERS
& ACQUISITIONS
2.9.2. PRODUCT
LAUNCHES, CONTRACTS, & DEVELOPMENTS
2.10. MARKET
DRIVERS
2.10.1. INCREASE
IN THE NUMBER OF AIRPORTS & TERMINALS BEING CONSTRUCTED
2.10.2. RISE
IN AIR TRAFFIC & GLOBALIZATION TRENDS
2.10.3. GROWTH
IN THE SPENDING ON AIRPORT INFRASTRUCTURE
2.10.4. EXPECTED
RISE IN THE NUMBER OF AIR TRAVELLERS
2.11. MARKET
CHALLENGES
2.11.1. HIGH
INITIAL INVESTMENT REQUIRED
2.11.2. DIFFICULTIES
IN MAINTENANCE & REPLACEMENT OF GSE
2.12. MARKET
OPPORTUNITIES
2.12.1. TECHNOLOGICAL
ADVANCEMENT IN GROUND SUPPORT EQUIPMENT
2.12.2. INTEGRATION
OF WIRELESS TECHNOLOGIES IN GSE
3. NORTH
AMERICA GROUND SUPPORT EQUIPMENT MARKET – BY TYPE
3.1. POWERED
GROUND SUPPORT EQUIPMENT
3.2. NON-POWERED
GROUND SUPPORT EQUIPMENT
4. NORTH
AMERICA GROUND SUPPORT EQUIPMENT MARKET – BY POWER SOURCE
4.1. ELECTRIC
4.2. NON-ELECTRIC
4.3. HYBRID
5. NORTH
AMERICA GROUND SUPPORT EQUIPMENT MARKET – BY APPLICATION
5.1. PASSENGER
SERVICE
5.1.1. BULK
LOADERS/CONVEYORS
5.1.2. CABIN
SERVICE VEHICLES
5.1.3. BOARDING
STAIRS
5.1.4. LAVATORY
SERVICE VEHICLES
5.1.5. PASSENGER
BOARDING BRIDGES
5.1.6. PASSENGER
BUSES
5.2. COMMERCIAL
CARGO SERVICE
5.2.1. CARGO/CONTAINER
LOADERS
5.2.2. PUSHBACK
TRACTORS
5.2.3. FORKLIFTS
5.3. COMMERCIAL
AIRCRAFT SERVICE
5.3.1. DEICERS
5.3.2. GROUND
POWER UNITS
5.3.3. FUEL
TRUCKS
5.3.4. PRE-CONDITIONED
AIR UNITS
5.3.5. HYDRANT
TRUCKS
5.4. MILITARY
CARGO SERVICE
5.5. MILITARY
AIRCRAFT SERVICE
6. NORTH
AMERICA GROUND SUPPORT EQUIPMENT MARKET – BY END-USER
6.1. COMMERCIAL
6.2. DEFENSE
7. NORTH
AMERICA GROUND SUPPORT EQUIPMENT MARKET – REGIONAL OUTLOOK
7.1. UNITED
STATES
7.2. CANADA
8. COMPETITIVE
LANDSCAPE
8.1. WEIHAI
GUANGTAI AIRPORT EQUIPMENT CO LTD
8.2. JBT
AEROTECH
8.3. COBUS
INDUSTRIES GMBH
8.4. CIMC
TIANDA HOLDINGS CO LTD
8.5. CAVOTEC
SA
8.6. TRONAIR
8.7. MULAG
FAHRZEUGWERK
8.8. RHEINMETALL
AG
8.9. MALLAGHAN
8.10. KALMAR
MOTOR AB
8.11. CHARLATTE
AMERICA
8.12. HYDRO
SYSTEMS KG
8.13. ITW
GSE APS
8.14. TEXTRON
GROUND SUPPORT EQUIPMENT INC
8.15. CHAMPION
GSE
8.16. TLD
GROUP
8.17. MERLINHAWK
AEROSPACE
8.18. AERO
SPECIALTIES INC
8.19. AIR
MAK INDUSTRIES INC
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE
1: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY COUNTRY OUTLOOK, 2022-2028
(IN $ MILLION)
TABLE
2: EVOLUTION & TRANSITION OF GROUND SUPPORT EQUIPMENT
TABLE
3: VENDOR SCORECARD
TABLE
4: LIST OF MERGERS & ACQUISITIONS
TABLE
5: LIST OF PRODUCT LAUNCHES, CONTRACTS, & DEVELOPMENTS
TABLE
6: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY TYPE, 2022-2028 (IN $
MILLION)
TABLE
7: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY POWER SOURCE, 2022-2028
(IN $ MILLION)
TABLE
8: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY APPLICATION, 2022-2028 (IN
$ MILLION)
TABLE
9: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY PASSENGER SERVICE,
2022-2028 (IN $ MILLION)
TABLE
10: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY COMMERCIAL CARGO SERVICE,
2022-2028 (IN $ MILLION)
TABLE
11: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY COMMERCIAL AIRCRAFT
SERVICE, 2022-2028 (IN $ MILLION)
TABLE
12: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY END-USER, 2022-2028 (IN $
MILLION)
TABLE
13: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY COUNTRY OUTLOOK,
2022-2028 (IN $ MILLION)
FIGURE
1: KEY BUYING IMPACT ANALYSIS
FIGURE
2: MARKET ATTRACTIVENESS INDEX
FIGURE
3: INDUSTRY COMPONENTS
FIGURE
4: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY TYPE, 2021 & 2028 (IN
%)
FIGURE
5: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY POWERED GROUND SUPPORT
EQUIPMENT, 2022-2028 (IN $ MILLION)
FIGURE
6: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY NON-POWERED GROUND SUPPORT
EQUIPMENT, 2022-2028 (IN $ MILLION)
FIGURE
7: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY POWER SOURCE, 2021 &
2028 (IN %)
FIGURE
8: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY ELECTRIC, 2022-2028 (IN $
MILLION)
FIGURE
9: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY NON-ELECTRIC, 2022-2028
(IN $ MILLION)
FIGURE
10: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY HYBRID, 2022-2028 (IN $
MILLION)
FIGURE
11: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY APPLICATION, 2021 &
2028 (IN %)
FIGURE
12: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY PASSENGER SERVICE,
2022-2028 (IN $ MILLION)
FIGURE
13: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY PASSENGER SERVICE, 2021
& 2028 (IN %)
FIGURE
14: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY BULK LOADERS/CONVEYORS,
2022-2028 (IN $ MILLION)
FIGURE
15: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY CABIN SERVICE VEHICLES,
2022-2028 (IN $ MILLION)
FIGURE
16: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY BOARDING STAIRS,
2022-2028 (IN $ MILLION)
FIGURE
17: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY LAVATORY SERVICE
VEHICLES, 2022-2028 (IN $ MILLION)
FIGURE
18: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY PASSENGER BOARDING BRIDGES,
2022-2028 (IN $ MILLION)
FIGURE
19: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY PASSENGER BUSES,
2022-2028 (IN $ MILLION)
FIGURE
20: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY COMMERCIAL CARGO SERVICE,
2022-2028 (IN $ MILLION)
FIGURE
21: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY COMMERCIAL CARGO SERVICE,
2021 & 2028 (IN %)
FIGURE
22: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY CARGO/CONTAINER LOADERS,
2022-2028 (IN $ MILLION)
FIGURE
23: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY PUSHBACK TRACTORS,
2022-2028 (IN $ MILLION)
FIGURE
24: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY FORKLIFTS, 2022-2028 (IN
$ MILLION)
FIGURE
25: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY COMMERCIAL AIRCRAFT
SERVICE, 2022-2028 (IN $ MILLION)
FIGURE
26: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY COMMERCIAL AIRCRAFT
SERVICE, 2021 & 2028 (IN %)
FIGURE
27: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY DEICERS, 2022-2028 (IN $
MILLION)
FIGURE
28: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY GROUND POWER UNITS,
2022-2028 (IN $ MILLION)
FIGURE
29: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY FUEL TRUCKS, 2022-2028
(IN $ MILLION)
FIGURE
30: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY PRE-CONDITIONED AIR
UNITS, 2022-2028 (IN $ MILLION)
FIGURE
31: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY HYDRANT TRUCKS, 2022-2028
(IN $ MILLION)
FIGURE
32: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY MILITARY CARGO SERVICE,
2022-2028 (IN $ MILLION)
FIGURE
33: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY MILITARY AIRCRAFT
SERVICE, 2022-2028 (IN $ MILLION)
FIGURE
34: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY END-USER, 2021 & 2028
(IN %)
FIGURE
35: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY COMMERCIAL, 2022-2028 (IN
$ MILLION)
FIGURE
36: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, BY DEFENSE, 2022-2028 (IN $
MILLION)
FIGURE
37: NORTH AMERICA GROUND SUPPORT EQUIPMENT MARKET, COUNTRY OUTLOOK, 2021 &
2028 (IN %)
FIGURE
38: UNITED STATES GROUND SUPPORT EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE
39: CANADA GROUND SUPPORT EQUIPMENT MARKET 2022-2028 (IN $ MILLION)