By Equipment Type (Ground Support [Tugs/Tractors, Pushback Tractors, Passenger Boarding Lifts & Steps, Belt Loader, Others], Hangar Equipment [Aircraft Maintenance Access Stand, Ai......rcraft Multi-Purpose Platform Stand, Tripod-Jacks, Axle-Jacks, Axle-Jack Hose pressure kit, Others]), By Power Usage (Electric, Non-Electric, Hybrid, Fuel Cell Vehicle & Advanced GSE), By Aircraft Type (Commercial, Military), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Competitors (JBT AeroTech, All Metal Maintenance Stands, Tronair, Semmco Limited, Wilcox Bodies Ltd., TLD Group, Textron GSE, Safe Structure Designs, LLC, Fast Global Solutions, Mallaghan, MULAG, Global Ground Support, Toyota Industries Corp, DOLL, Guangtai Airports Equipment, Shenzhen TECHKING, Sagar Asia , AERO Specialties, Inc., CTI Systems S.à r.l., SafeSmart Aviation) Read more
- Aerospace & Defense
- Jun 2023
- 193
- PDF, Excel, PPT
Market Definition
Aircraft ground support and hangar equipment include a wide range of tools, vehicles, and machinery required to support aircraft operations on the ground and facilitate maintenance & servicing activities within hangars. These types of equipment are crucial for ensuring the efficient & safe functioning of airports, airlines, & aircraft maintenance facilities.
Market Insights & Analysis: Global Aircraft Ground Support & Hangar Equipment Market (2023-28)
The Global Aircraft Ground Support & Hangar Equipment Market is anticipated to grow at a CAGR of around 4.6% during the forecast period, i.e., 2023-28. The growth of the market would be propelled mainly by the flourishing aviation industry, backed by the rapidly rising number of air passengers worldwide and, subsequently, the increasing aircraft fleet. With the increasing number of aircraft, the need to ensure their safety & storage is also rising, i.e., leading to the burgeoning production of GSE (ground support equipment) & hangars.
Moreover, with substantial funding from government authorities, the Aircraft Support Industries (ASI) is likely to enthrall in the coming years. Europe, Asia-Pacific, the Middle East & Africa are witnessing the rapidly increasing number of air passengers, i.e., creating the need for new airports and, consequently GSE & hangars. Airport authorities in countries like India, Vietnam, China, etc., are strengthening their air passenger handling capacities by expanding runways, developing new airports, enhancing aircraft fleet sizes, etc., thereby pushing further production of hangars & other equipment. For instance:
- England’s Heathrow Airport’s third runway construction is expected to be completed by 2026. The expansion of the runway would increase the passenger capacity from nearly 85.5 million to 130 million annually.
- Beijing Capital International Airport has announced the construction of the eighth & ninth runway, expected to be operational by 2025. The ninth runway has been designed for military use.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2018-21 |
| Base Year: 2022 | |
| Forecast Period: 2023-28 | |
| CAGR (2023-2028) | 4.6% |
| Regions Covered | North America: US, Canada, Mexico |
| Europe: Germany, The UK, France, Russia, Spain, Italy, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific | |
| South America: Brazil, Rest of South America | |
| Middle East & Africa: UAE, Saudi Arabia, Israel, Turkey Rest of MEA | |
| Key Companies Profiled | JBT AeroTech, All Metal Maintenance Stands, Tronair, Semmco Limited, Wilcox Bodies Ltd., TLD Group, Textron GSE, Safe Structure Designs, LLC, Fast Global Solutions, Mallaghan, MULAG, Global Ground Support, Toyota Industries Corp, DOLL, Guangtai Airports Equipment, Shenzhen TECHKING, Sagar Asia , AERO Specialties, Inc., CTI Systems S.à r.l., SafeSmart Aviation |
| Unit Denominations | USD Million/Billion |
Furthermore, the growth in e-commerce, global trade, & logistics has surged the demand for air cargo transportation, catering to which airlines are expanding their cargo fleets or converting passenger aircraft into freighters, thereby instigating the need for specialized ground support & hangar equipment tailored for cargo operations.
Cargo aircraft require specific GSE, such as cargo loaders, pallet dollies, ULD (Unit Load Device) transporters, and specialized cargo handling systems, which can handle the unique needs of cargo loading & unloading and ensure efficient cargo operations on the ground. Hence, the rapidly rising cargo transportation worldwide is another prominent aspect set to drive the Global Aircraft Ground Support & Hangar Equipment Market over the coming years.
Global Aircraft Ground Support & Hangar Equipment Market Research Report (2023-2028) - Table of Contents
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Impact of Covid-19 on the Global Aircraft Ground Support & Hangar Equipment Market
- Global Aircraft Ground Support & Hangar Equipment Market: Key Insights
- Planned New Airports/Expansion Projects
- Upcoming Aircraft Purchases
- Others
- Global Aircraft Ground Support & Hangar Equipment Market Trends & Insights
- Global Aircraft Ground Support & Hangar Equipment Market Dynamics
- Drivers
- Challenges
- Global Aircraft Ground Support & Hangar Equipment Market Porters Five Forces Analysis
- Global Aircraft Ground Support & Hangar Equipment Market Regulations & Policies
- Global Aircraft Ground Support & Hangar Equipment Market Hotspots & Opportunities
- Global Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Equipment Type
- Ground Support
- Tugs & Tractors
- Pushback Tractors
- Passenger Boarding Lifts & Steps
- Belt Loader
- High-Lift Loader
- De-Anti Icing Vehicle
- Water Services Vehicle
- Lavatory Services Vehicle
- Others (Baggage Cart, etc.)
- Hangar Equipment
- Aircraft Maintenance Access Stand
- Aircraft Multi-Purpose Platform Stand
- Tripod-Jacks
- Axle-Jacks
- Axle-Jack Hose pressure kit
- Tow-bars
- Helicopter Blade Rack
- Aviation Chock Trolley
- Fuselage Wash Stand
- Aircraft Wheel and Brake Change Trailer
- Hydraulic Ground Power Units
- Aircraft Wheel & Tyre Handling
- Fuselage Shelter
- Mobile Elevated Work Platform (MEWP) Shelter
- Engine Dolly / Engine Cradle)
- Others (WIFI Antenna Shelter, Custom Door Racks, Cowling Parts Rack, etc.)
- Ground Support
- By Power Usage
- Electric
- Non-Electric
- Hybrid
- Fuel Cell Vehicle & Advanced GSE
- By Aircraft Type
- Commercial Aircraft
- Military Aircraft
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific
- By Company
- Competition Characteristics
- Market Share of Leading Companies
- By Equipment Type
- Market Size & Analysis
- North America Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Equipment Type
- By Power Usage
- By Aircraft Type
- Commercial Aircraft
- Military Aircraft
- By Country
- The US
- Canada
- Mexico
- The US Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Canada Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Mexico Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Market Size & Analysis
- South America Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Equipment Type
- By Power Usage
- By Aircraft Type
- Commercial Aircraft
- Military Aircraft
- By Country
- Brazil
- Rest of South America
- Brazil Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Market Size & Analysis
- Europe Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Equipment Type
- By Power Usage
- By Aircraft Type
- Commercial Aircraft
- Military Aircraft
- By Country
- Germany
- The UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Germany Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- The UK Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- France Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Russia Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Spain Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Aircraft Type
- Market Size & Analysis
- Italy Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Market Size & Analysis
- The Middle East & Africa Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Equipment Type
- By Power Usage
- By Aircraft Type
- Commercial Aircraft
- Military Aircraft
- By Country
- Saudi Arabia
- The UAE
- Israel
- Turkey
- Rest of The Middle East & Africa
- Saudi Arabia Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- The UAE Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Israel Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Turkey Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Market Size & Analysis
- Asia Pacific Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Equipment Type
- By Power Usage
- By Aircraft Type
- Commercial Aircraft
- Military Aircraft
- By Country
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- China Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Japan Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- India Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- South Korea Aircraft Ground Support & Hangar Equipment Market Outlook, 2018-2028
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Power Usage
- By Aircraft Type
- Market Size & Analysis
- Market Size & Analysis
- Global Aircraft Ground Support & Hangar Equipment Market Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Competition Matrix
- Brand Specialization
- Target Markets
- Target End Users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles
- JBT AeroTech
- All Metal Maintenance Stands
- Tronair
- Semmco Limited
- Wilcox Bodies Ltd.
- TLD Group
- Textron GSE
- Safe Structure Designs, LLC
- Fast Global Solutions
- Mallaghan
- MULAG
- Global Ground Support
- Toyota Industries Corp
- DOLL
- Guangtai Airports Equipment
- Shenzhen TECHKING
- Sagar Asia
- AERO Specialties, Inc.
- CTI Systems S.à r.l.
- SafeSmart Aviation
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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