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Ground Power Unit (GPU) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030

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    Report

  • 119 Pages
  • August 2022
  • Region: Global
  • Acute Market Reports
  • ID: 5724515

Rising demand for electric ground support to supplement the GPU market

The Ground power unit (GPU) market worldwide is expected to grow with a CAGR of 4.7% during the forecast period from 2022 to 2030, starting from US$ 7.98 Bn in 2020. Ground Power Unit also abbreviated as GPU is a immovable power supply for aircraft parked on the ground or a powered vehicle. A GPU may refer to a specific power supply, battery power supply, or a combination of both. Power sources might be an airport-based dedicated generator or central station. Some of the factors expected to fuel the growth of the ground power unit market are increased demand for electric ground support equipment, increased airport warehouse operations, and ongoing airport expansions to cater for the rising global air passenger traffic.

Mobile GPU to dominate the market throughout the forecast period

In 2021, the mobile GPU segment dominated the global ground power units market majorly due to increasing demand for easy-to-use and movable GPUs. To provide either 28V DC or 120V AC power, mobile units can be linked to an aircraft's electrical system while on the ground. Mobile ground power units usually consist of a diesel-powered generator but can be found in other configurations. Mobile GPU plays an important role in the operation of airports as it enables airlines to achieve on-time performance. Increasing aircraft movements and increasing the number of airport expansion projects are expected to drive market segment growth over the forecast period.

Asia Pacific to Register the Fastest Growth

In 2021, the global Ground power unit (GPU) market was led by Asia-Pacific. This region accounted for nearly 37.4% of the total revenue generated worldwide. High economic growth, rising number of airports, major developments in the Chinese and Indian aerospace industry, huge capital investments by the governments of several economies are some major factors driving the Asia-Pacific ground power unit market.

In commercial applications across the North American region and in some parts of the European region, the adoption of electric ground support equipment has increased. However, diesel ground support equipment is still being used in the Asia Pacific region in various commercial applications. Due to a constant increase in airport expansion projects to cater the increasing number of cargo movements and air passengers, the Middle East ground support equipment market region is projected to grow at the highest CAGR during the forecast period.

Some of the prominent players operating in the ground power unit (GPU) market include TLD GSE, ITW GSE, Powervamp, JBT Corporation, Acsoon, Textron GSE, Tronair, GUANGTAI, Guinault and Velocity Airport Solutions among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Ground Power Unit (GPU) market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Ground Power Unit (GPU) market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Type

  • Fixed
  • Mobile

Application

  • Civil Airports
  • Military Airports
  • Business Airports
  • Others

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Ground Power Unit (GPU) market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Ground Power Unit (GPU) market?
  • Which is the largest regional market for Ground Power Unit (GPU) market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Ground Power Unit (GPU) market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Ground Power Unit (GPU) market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Market Snapshot: Global Ground Power Unit (GPU) Market
2.2. Global Ground Power Unit (GPU) Market, By Type, 2021 (US$ Million)
2.3. Global Ground Power Unit (GPU) Market, By Application, 2021 (US$ Million)
2.4. Global Ground Power Unit (GPU) Market, By Geography, 2021 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2021

3. Ground Power Unit (GPU) Market: Competitive Analysis
3.1. Market Positioning of Key Ground Power Unit (GPU) Market Vendors
3.2. Strategies Adopted by Ground Power Unit (GPU) Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030

4. Ground Power Unit (GPU) Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Ground Power Unit (GPU) Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Fixed
5.3.2. Mobile

6. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Civil Airports
6.3.2. Military Airports
6.3.3. Business Airports
6.3.4. Others

7. North America Ground Power Unit (GPU) Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
7.3. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
7.4.Ground Power Unit (GPU) Market: By Region, 2020-2030, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
7.4.1.1.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
7.4.1.2.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
7.4.1.3.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)

8. UK and European Union Ground Power Unit (GPU) Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
8.3. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
8.4.Ground Power Unit (GPU) Market: By Region, 2020-2030, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
8.4.1.1.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
8.4.1.2.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
8.4.1.3.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
8.4.1.4.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
8.4.1.5. France
8.4.1.5.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
8.4.1.5.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
8.4.1.6.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)

9. Asia Pacific Ground Power Unit (GPU) Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
9.3. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
9.4.Ground Power Unit (GPU) Market: By Region, 2020-2030, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
9.4.1.1.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
9.4.1.2.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
9.4.1.3. India
9.4.1.3.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
9.4.1.3.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
9.4.1.4.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
9.4.1.5.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
9.4.1.6.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)

10. Latin America Ground Power Unit (GPU) Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
10.3. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
10.4.Ground Power Unit (GPU) Market: By Region, 2020-2030, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
10.4.1.1.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
10.4.1.2.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
10.4.1.3.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)

11. Middle East and Africa Ground Power Unit (GPU) Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
11.3. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
11.4.Ground Power Unit (GPU) Market: By Region, 2020-2030, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
11.4.1.1.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
11.4.1.2.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Ground Power Unit (GPU) Market: By Type, 2020-2030, USD (Million)
11.4.1.3.1. Ground Power Unit (GPU) Market: By Application, 2020-2030, USD (Million)

12. Company Profile
12.1. TLD GSE
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. ITW GSE
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. Powervamp
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. JBT Corporation
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. Textron
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Tronair
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. GUANGTAI
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Guinalt
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Acsoon
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Velocity Airport Solutions
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives

List of Figures
Figure 1 Global Ground Power Unit (GPU) Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Ground Power Unit (GPU) Market: Quality Assurance
Figure 5 Global Ground Power Unit (GPU) Market, By Type, 2021
Figure 6 Global Ground Power Unit (GPU) Market, By Application, 2021
Figure 7 Global Ground Power Unit (GPU) Market, By Geography, 2021
Figure 8 Market Geographical Opportunity Matrix - Global Ground Power Unit (GPU) Market, 2021
Figure 9 Market Positioning of Key Ground Power Unit (GPU) Market Players, 2021
Figure 10 Global Ground Power Unit (GPU) Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 11 Global Ground Power Unit (GPU) Market, By Type, 2021 Vs 2030, %
Figure 12 Global Ground Power Unit (GPU) Market, By Application, 2021 Vs 2030, %
Figure 13 U.S. Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 14 Canada Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 15 Rest of North America Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 16 UK Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 17 Germany Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 18 Spain Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 19 Italy Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 20 France Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 21 Rest of Europe Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 22 China Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 23 Japan Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 24 India Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 25 Australia Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 26 South Korea Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 27 Rest of Asia Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 28 Brazil Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 29 Mexico Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 30 Rest of Latin America Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 31 GCC Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 32 Africa Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030
Figure 33 Rest of Middle East and Africa Ground Power Unit (GPU) Market (US$ Million), 2020 - 2030

List of Tables
Table 1 Global Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 2 Global Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 3 North America Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 4 North America Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 5 U.S. Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 6 U.S. Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 7 Canada Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 8 Canada Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 9 Rest of North America Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 10 Rest of North America Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 11 UK and European Union Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 12 UK and European Union Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 13 UK Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 14 UK Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 15 Germany Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 16 Germany Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 17 Spain Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 18 Spain Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 19 Italy Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 20 Italy Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 21 France Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 22 France Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 23 Rest of Europe Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 24 Rest of Europe Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 25 Asia Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 26 Asia Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 27 China Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 28 China Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 29 Japan Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 30 Japan Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 31 India Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 32 India Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 33 Australia Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 34 Australia Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 35 South Korea Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 36 South Korea Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 37 Latin America Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 38 Latin America Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 39 Brazil Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 40 Brazil Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 41 Mexico Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 42 Mexico Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 43 Rest of Latin America Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 44 Rest of Latin America Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 45 Middle East and Africa Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 46 Middle East and Africa Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 47 GCC Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 48 GCC Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 49 Africa Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 50 Africa Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)
Table 51 Rest of Middle East and Africa Ground Power Unit (GPU) Market By Type, 2020-2030, USD (Million)
Table 52 Rest of Middle East and Africa Ground Power Unit (GPU) Market By Application, 2020-2030, USD (Million)

Companies Mentioned

  • TLD GSE
  • ITW GSE
  • Powervamp
  • JBT Corporation
  • Acsoon
  • Textron GSE
  • Tronair
  • GUANGTAI
  • Guinault
  • Velocity Airport Solutions .