The global airport ground support equipment market is projected to witness a compound annual growth rate (CAGR) of 5.1% (in value terms) during the forecast period, culminating in a market value of USD 4,826 million by 2029.
This report provides an analysis of the market segmentation of global airport ground support equipment based on passenger tiers for the forecast period. The key segments in passenger tiers include tier 1, tier 2, tier 3, tier 4, and tier 5. Notably, the tier 1 segment has demonstrated substantial growth, with its value reaching USD 2,361 million by 2029, resulting in a CAGR of 6.5% from 2022 to 2029.
Geographically, Europe has emerged as the dominant region in the airport ground support equipment market as of 2023, followed closely by North America and Asia-Pacific. According to Tanalyze’s estimates, the European market size will grow to USD 1,560 million by 2029, registering a CAGR of 5.3% from 2022 to 2029. Meanwhile, the North American market, another prominent regional segment, is expected to reflect a CAGR of 4.5% over the same period.
Prominent vendors shaping the competitive dynamics of this market include John Bean Technologies Corporation, Weihai Guangtai Airport Equipment Co., Ltd., TK Elevator Corporation, Textron Inc., Tronair Inc., Sinfonia Technology Co., Ltd., Mallaghan Engineering Limited, Aero Specialties, Inc., Imai Aero-Equipment Mfg. Co., Ltd., and Dabico, Inc., among others.
This study aims to analyze the global market for various segments of airport ground support equipment, including:
Passenger Tiers: Tier 1, Tier 2, Tier 3, Tier 4, and Tier 5.
Region: North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA).
Table of Contents
TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 4
Part 1. Key Findings 6
Part 2. Scope and Methodology 7
Report Scope 8
Passenger Tiers 8
Region 8
Research Methodology 9
Part 3. Airport Ground Support Equipment Market Overview 11
Summary 11
Part 4. Market Dynamics 13
Growth Drivers 13
Restraints and Challenges 14
Opportunities 16
Part 5. Global Airport Ground Support Equipment Market by Passenger Tiers 20
Tier 1 22
Tier 2 24
Tier 3 25
Tier 4 27
Tier 5 29
Part 6. Global Airport Ground Support Equipment Market by Region 30
North America 33
Europe 34
Asia Pacific 35
Latin America 36
Middle East and Africa 37
Part 7. Airport Ground Support Equipment Market Competitive Analysis 38
Global Airport Ground Support Equipment Market Competition Overview 38
John Bean Technologies Corporation 40
Business Overview 40
Contact Information 43
Weihai Guangtai Airport Equipment Co., Ltd. 44
Business Overview 44
Contact Information 47
TK Elevator Corporation 48
Business Overview 48
Contact Information 48
Textron Inc. 49
Business Overview 49
Contact Information 52
Tronair Inc. 53
Business Overview 53
Contact Information 53
Sinfonia Technology Co., Ltd. 54
Business Overview 54
Contact Information 55
Other Leading Competitors 56
Part 8. Airport Ground Support Equipment Future Trends 57
Market Trends 57
Technology Trends 58
Practices Trends 60
Disclaimer 61