The Latin America, Middle East and Africa Ground Support Equipment Market would witness market growth of 7.9% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Ground Support Equipment Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $313.9 million by 2031. The Argentina market is showcasing a CAGR of 8.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.6% during (2024 - 2031).
Technological advancements significantly boost the GSE market by enhancing ground handling operations’ efficiency, safety, and sustainability. These technological advancements in sustainable aviation fuel (SAF) production and distribution have contributed to the adoption of eco-friendly GSE. GSE manufacturers and operators are investing in infrastructure for handling SAF, to support the transition to greener aviation operations.
Automation technologies, including robotics and autonomous vehicles, are revolutionizing ground-handling operations. Automated GSE such as tow tractors, baggage loaders, and cargo handling equipment improves efficiency by reducing manual labor, minimizing errors, and speeding up processes. Also, advanced data analytics and predictive maintenance software enable proactive monitoring of GSE performance.
According to the International Trade Administration (ITA), in 2023, the civil aviation industry was a significant economic contributor to the UAE, accounting for approximately 13.3% of the country’s GDP or $47.3 billion before the pandemic. The United Arab Emirates government made substantial investments in airport development and expansion initiatives, including Al Maktoum International Airport in Dubai ($8.1 billion), Dubai International Airport Expansion Phase 4 ($7.6 billion), and Abu Dhabi Airport ($6.8 billion. As the volume of goods unloaded at airports grows, there is a corresponding increase in the demand for cargo handling equipment, such as cargo loaders, conveyor belts, and forklifts. According to the General Authority for Statistics, in 2021, the total volume of goods unloaded at all ports in Saudi Arabia reached 119.8 million tons in 2021. The total capacity of all Saudi ports was 601 million tons, whereas the percentage of goods unloaded at commercial ports in 2021 dropped by 18% compared to 2020. The LAMEA region is home to emerging aviation hubs such as Dubai International Airport (DXB), Hamad International Airport (DOH) in Doha, and Istanbul Airport (IST).
Free Valuable Insights: The Worldwide Ground Support Equipment Market is Projected 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type
By Application
By Power Source
By Country
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