Asia Pacific Ground Support Equipment Market Size, Share & Trends Analysis Report By Type (Powered (GSE) and Non-powered (GSE)), By Application (Aircraft Handling, Passenger Handling and Cargo Handling), By Power Source), By Country and Growth Forecast, 2024 - 2031

The Asia Pacific Ground Support Equipment Market would witness market growth of 6.6% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Ground Support Equipment Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $873.9 million by 2031. The Japan market is registering a CAGR of 5.9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 7.3% during (2024 - 2031).

Several factors drive the demand for GSE and services. The growth in air passenger traffic, expansion, and modernization of airport infrastructure, increasing fleet size of commercial and cargo aircraft. Moreover, technological advancements are pivotal in driving innovation within the GSE market, focusing on electrification, automation, digitalization, and sustainable solutions.

These trends are reshaping the landscape of ground handling operations, driving efficiency gains, reducing environmental impact, and enhancing safety and reliability. Moreover, key players in the market include manufacturers, suppliers, and service providers specializing in various equipment categories and solutions. Companies such as TLD Group, Textron Inc., JBT Corporation, are prominent players driving innovation and competition within the market.

The Asia-Pacific region attracts millions of international tourists each year, many of whom arrive by air. The demand for GSE for cargo handling further contributes to the growth of the market. According to the Civil Aviation Administration of China (CAAC), in 2021, China’s air travel volume rose annually by 7.3%, 5.5%, and 8.2% for passengers, cargo, and mail, respectively. Government support and investment in airport infrastructure development play a crucial role in driving growth in the market in the Asia-Pacific region by creating innovation in airport operations and services. According to the International Trade Administration (ITA), in 2022, the Indian government aims to develop 100 airports by 2024 (under the UDAN “Ude Desh ka Aam Naagrik”- Let the common citizens of the country fly scheme) and invest US$ 1.83 billion by 2026. In the Indian Union Budget 2022, the government announced an R&D budget of approximately $280 million. Thus, government support and investment in air traffic passenger, cargo, and mail transportation in Asia Pacific significantly increase the market.

Free Valuable Insights: The Global Ground Support Equipment Market is Predict to reach USD 12.1 Billion by 2031, at a CAGR of 6%

Based on Type, the market is segmented into Powered (GSE) and Non-powered (GSE). Based on Application, the market is segmented into Aircraft Handling, Passenger Handling and Cargo Handling. Based on Power Source, the market is segmented into Non-Electric, Electric and Hybrid. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

• Textron, Inc.
• Weihai Guangtai Airport Equipment Co., Ltd.
• Aero Specialties, Inc.
• John Bean Technologies Corporation
• Illinois Tool Works, Inc.
• IAC Corporation
• Aeroservices Ltd.
• Flofuel Support Ltd. (Argent Industrial Limited)
• Alvest Equipment Services (TLD Group)
• Mallaghan HQ

Asia Pacific Ground Support Equipment Market Report Segmentation

By Type

• Powered ground support equipment (GSE)
• Non-powered ground support equipment (GSE)

By Application

• Aircraft Handling
• Passenger Handling
• Cargo Handling

By Power Source

• Non-Electric
• Electric
• Hybrid

By Country

• China
• Japan
• India
• South Korea
• Australia
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Ground Support Equipment Market, by Type
1.4.2 Asia Pacific Ground Support Equipment Market, by Application
1.4.3 Asia Pacific Ground Support Equipment Market, by Power Source
1.4.4 Asia Pacific Ground Support Equipment Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Recent strategies deployed in Ground Support Equipment Market

Chapter 5. Asia Pacific Ground Support Equipment Market by Type
5.1 Asia Pacific Powered ground support equipment (GSE) Market by Country
5.2 Asia Pacific Non-powered ground support equipment (GSE) Market by Country

Chapter 6. Asia Pacific Ground Support Equipment Market by Application
6.1 Asia Pacific Aircraft Handling Market by Country
6.2 Asia Pacific Passenger Handling Market by Country
6.3 Asia Pacific Cargo Handling Market by Country

Chapter 7. Asia Pacific Ground Support Equipment Market by Power Source
7.1 Asia Pacific Non-Electric Market by Country
7.2 Asia Pacific Electric Market by Country
7.3 Asia Pacific Hybrid Market by Country

Chapter 8. Asia Pacific Ground Support Equipment Market by Country
8.1 China Ground Support Equipment Market
8.1.1 China Ground Support Equipment Market by Type
8.1.2 China Ground Support Equipment Market by Application
8.1.3 China Ground Support Equipment Market by Power Source
8.2 Japan Ground Support Equipment Market
8.2.1 Japan Ground Support Equipment Market by Type
8.2.2 Japan Ground Support Equipment Market by Application
8.2.3 Japan Ground Support Equipment Market by Power Source
8.3 India Ground Support Equipment Market
8.3.1 India Ground Support Equipment Market by Type
8.3.2 India Ground Support Equipment Market by Application
8.3.3 India Ground Support Equipment Market by Power Source
8.4 South Korea Ground Support Equipment Market
8.4.1 South Korea Ground Support Equipment Market by Type
8.4.2 South Korea Ground Support Equipment Market by Application
8.4.3 South Korea Ground Support Equipment Market by Power Source
8.5 Australia Ground Support Equipment Market
8.5.1 Australia Ground Support Equipment Market by Type
8.5.2 Australia Ground Support Equipment Market by Application
8.5.3 Australia Ground Support Equipment Market by Power Source
8.6 Malaysia Ground Support Equipment Market
8.6.1 Malaysia Ground Support Equipment Market by Type
8.6.2 Malaysia Ground Support Equipment Market by Application
8.6.3 Malaysia Ground Support Equipment Market by Power Source
8.7 Rest of Asia Pacific Ground Support Equipment Market
8.7.1 Rest of Asia Pacific Ground Support Equipment Market by Type
8.7.2 Rest of Asia Pacific Ground Support Equipment Market by Application
8.7.3 Rest of Asia Pacific Ground Support Equipment Market by Power Source

Chapter 9. Company Profiles
9.1 Textron, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Weihai Guangtai Airport Equipment Co., Ltd.
9.2.1 Company Overview
9.3 AERO Specialties, Inc.
9.3.1 Company Overview
9.3.2 SWOT Analysis
9.4 John Bean Technologies Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 Illinois Tools Works, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 IAC Corporation
9.6.1 Company Overview
9.6.2 SWOT Analysis
9.7 Aeroservices Ltd.
9.7.1 Company Overview
9.8 Flofuel Support Ltd. (Argent Industrial Limited)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.9 Alvest Equipment Services (TLD Group)
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Acquisition and Mergers:
9.9.3 SWOT Analysis
9.10. Mallaghan HQ
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:

TABLE 1 Asia Pacific Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Powered ground support equipment (GSE) Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Powered ground support equipment (GSE) Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Non-powered ground support equipment (GSE) Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Non-powered ground support equipment (GSE) Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Aircraft Handling Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Aircraft Handling Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Passenger Handling Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Passenger Handling Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Cargo Handling Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Cargo Handling Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Non-Electric Market by Country, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Non-Electric Market by Country, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Electric Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Electric Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Hybrid Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Hybrid Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Ground Support Equipment Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Ground Support Equipment Market by Country, 2024 - 2031, USD Million
TABLE 27 China Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 28 China Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 29 China Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 30 China Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 31 China Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 32 China Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 33 China Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 34 China Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 35 Japan Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 36 Japan Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 37 Japan Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 38 Japan Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 39 Japan Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 40 Japan Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 41 Japan Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 42 Japan Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 43 India Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 44 India Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 45 India Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 46 India Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 47 India Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 48 India Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 49 India Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 50 India Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 51 South Korea Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 52 South Korea Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 53 South Korea Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 54 South Korea Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 55 South Korea Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 56 South Korea Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 57 South Korea Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 58 South Korea Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 59 Australia Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 60 Australia Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 61 Australia Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 62 Australia Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 63 Australia Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 64 Australia Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 65 Australia Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 66 Australia Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 67 Malaysia Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 68 Malaysia Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 69 Malaysia Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 70 Malaysia Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 71 Malaysia Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 72 Malaysia Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 73 Malaysia Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 74 Malaysia Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 75 Rest of Asia Pacific Ground Support Equipment Market, 2020 - 2023, USD Million
TABLE 76 Rest of Asia Pacific Ground Support Equipment Market, 2024 - 2031, USD Million
TABLE 77 Rest of Asia Pacific Ground Support Equipment Market by Type, 2020 - 2023, USD Million
TABLE 78 Rest of Asia Pacific Ground Support Equipment Market by Type, 2024 - 2031, USD Million
TABLE 79 Rest of Asia Pacific Ground Support Equipment Market by Application, 2020 - 2023, USD Million
TABLE 80 Rest of Asia Pacific Ground Support Equipment Market by Application, 2024 - 2031, USD Million
TABLE 81 Rest of Asia Pacific Ground Support Equipment Market by Power Source, 2020 - 2023, USD Million
TABLE 82 Rest of Asia Pacific Ground Support Equipment Market by Power Source, 2024 - 2031, USD Million
TABLE 83 Key Information – Textron, Inc.
TABLE 84 Key Information – Weihai Guangtai Airport Equipment Co., Ltd.
TABLE 85 Key Information – AERO Specialties, Inc.
TABLE 86 Key Information – JBT Corporation
TABLE 87 Key Information – Illinois Tool Works, Inc.
TABLE 88 Key Information – IAC Corporation
TABLE 89 Key Information – Aeroservices Ltd.
TABLE 90 Key Information – Flofuel Support Ltd.
TABLE 91 Key Information – Alvest Equipment Services
TABLE 92 Key Information – Mallaghan HQ

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Ground Support Equipment Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Ground Support Equipment Market
FIG 4 Porter’s Five Forces Analysis - Ground Support Equipment market
FIG 5 Asia Pacific Ground Support Equipment Market share by Type, 2023
FIG 6 Asia Pacific Ground Support Equipment Market share by Type, 2031
FIG 7 Asia Pacific Ground Support Equipment Market by Type, 2020 - 2031, USD Million
FIG 8 Asia Pacific Ground Support Equipment Market share by Application, 2023
FIG 9 Asia Pacific Ground Support Equipment Market share by Application, 2031
FIG 10 Asia Pacific Ground Support Equipment Market by Application, 2020 - 2031, USD Million
FIG 11 Asia Pacific Ground Support Equipment Market share by Power Source, 2023
FIG 12 Asia Pacific Ground Support Equipment Market share by Power Source, 2031
FIG 13 Asia Pacific Ground Support Equipment Market by Power Source, 2020 - 2031, USD Million
FIG 14 Asia Pacific Ground Support Equipment Market share by Country, 2023
FIG 15 Asia Pacific Ground Support Equipment Market share by Country, 2031
FIG 16 Asia Pacific Ground Support Equipment Market by Country, 2020 - 2031, USD Million
FIG 17 Recent strategies and developments: Textron, Inc.
FIG 18 SWOT Analysis: Textron, Inc.
FIG 19 SWOT Analysis: Aero Specialties, Inc.
FIG 20 Swot Analysis: JBT CORPORATION
FIG 21 SWOT Analysis: Illinois Tool Works, Inc.
FIG 22 SWOT Analysis: IAC Corporation
FIG 23 SWOT Analysis: Alvest Equipment Services