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LAMEA 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

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    Report

  • May 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5976225
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).

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.

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

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
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Ground Support Equipment Market, by Type
1.4.2 LAMEA Ground Support Equipment Market, by Application
1.4.3 LAMEA Ground Support Equipment Market, by Power Source
1.4.4 LAMEA 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. LAMEA Ground Support Equipment Market by Type
5.1 LAMEA Powered ground support equipment (GSE) Market by Country
5.2 LAMEA Non-powered ground support equipment (GSE) Market by Country
Chapter 6. LAMEA Ground Support Equipment Market by Application
6.1 LAMEA Aircraft Handling Market by Country
6.2 LAMEA Passenger Handling Market by Country
6.3 LAMEA Cargo Handling Market by Country
Chapter 7. LAMEA Ground Support Equipment Market by Power Source
7.1 LAMEA Non-Electric Market by Country
7.2 LAMEA Electric Market by Country
7.3 LAMEA Hybrid Market by Country
Chapter 8. LAMEA Ground Support Equipment Market by Country
8.1 Brazil Ground Support Equipment Market
8.1.1 Brazil Ground Support Equipment Market by Type
8.1.2 Brazil Ground Support Equipment Market by Application
8.1.3 Brazil Ground Support Equipment Market by Power Source
8.2 Argentina Ground Support Equipment Market
8.2.1 Argentina Ground Support Equipment Market by Type
8.2.2 Argentina Ground Support Equipment Market by Application
8.2.3 Argentina Ground Support Equipment Market by Power Source
8.3 UAE Ground Support Equipment Market
8.3.1 UAE Ground Support Equipment Market by Type
8.3.2 UAE Ground Support Equipment Market by Application
8.3.3 UAE Ground Support Equipment Market by Power Source
8.4 Saudi Arabia Ground Support Equipment Market
8.4.1 Saudi Arabia Ground Support Equipment Market by Type
8.4.2 Saudi Arabia Ground Support Equipment Market by Application
8.4.3 Saudi Arabia Ground Support Equipment Market by Power Source
8.5 South Africa Ground Support Equipment Market
8.5.1 South Africa Ground Support Equipment Market by Type
8.5.2 South Africa Ground Support Equipment Market by Application
8.5.3 South Africa Ground Support Equipment Market by Power Source
8.6 Nigeria Ground Support Equipment Market
8.6.1 Nigeria Ground Support Equipment Market by Type
8.6.2 Nigeria Ground Support Equipment Market by Application
8.6.3 Nigeria Ground Support Equipment Market by Power Source
8.7 Rest of LAMEA Ground Support Equipment Market
8.7.1 Rest of LAMEA Ground Support Equipment Market by Type
8.7.2 Rest of LAMEA Ground Support Equipment Market by Application
8.7.3 Rest of LAMEA 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:

Companies Mentioned

  • 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

Methodology

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