Airport Ground Handling Systems Market Size
| Study Period | 2024 - 2029 |
| Market Size (2024) | USD 4.52 Billion |
| Market Size (2029) | USD 8.44 Billion |
| CAGR (2024 - 2029) | 13.33 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Airport Ground Handling Systems Market Analysis
The Airport Ground Handling Systems Market size is estimated at USD 4.52 billion in 2024, and is expected to reach USD 8.44 billion by 2029, growing at a CAGR of 13.33% during the forecast period (2024-2029).
The aviation sector has been affected greatly due to the slump in demand among travelers and the travel restrictions imposed by many countries due to the COVID-19 pandemic. As aircraft movements decreased, the demand for airport ground handling services was significantly affected, affecting the airport ground handling systems market in 2020. However, the notable increase in passenger traffic and aircraft movements in 2021 supported the revival of the ground handling systems market.
With air travel gradually returning to pre-COVID levels, delivering new aircraft, introducing new routes, and increasing flight movements are resuming. This is anticipated to drive the investments of airport ground handlers into new-generation ground support systems that reduce the turnaround time of the aircraft.
The construction of new airports, expansion of existing airports to increase passenger and cargo handling capacities, and privatization of airports are expected to drive the growth of the airport ground handling systems market during the forecast period. The current plans of airports to decrease their carbon footprint has accelerated the deployment of electric ground handling equipment and the integration of advanced technologies like automation systems ramp and cargo handling operations. Such green initiatives by airport operators are expected to accelerate the market's growth in the coming years.
Airport Ground Handling Systems Market Trends
This section covers the major market trends shaping the Airport Ground Handling Systems Market according to our research experts:
Aircraft Handling Segment Held Highest Shares in the Market
The aircraft handling segment currently dominates the market and is expected to continue its dominance during the forecast period. The segment includes refuelers, tugs and tractors, lavatory service vehicles, deicers, ground power units, pre-conditioned air units, fuel trucks, and other ground handling systems in airports.
An increase in expenditure in the aviation sector, construction of new airports, and rising spending on enhancing airport operations from various countries drive the growth of the market. Following the pandemic, various airports around the world are robustly investing in the enhancement of their existing ground handling systems with the introduction of new equipment for their efficient operation. The current trend of using GSE with low emissions rates and creating green airports has been gaining popularity over the years. Therefore, the companies are working on developing new electric aircraft handling solutions that work efficiently with low emissions.
In October 2021, Toyota Material Handling, a subsidiary of Toyota Motor Corp, introduced a new all-electric towing tractor (3TE25) for airport operations that will replace the current heavy-duty range. The new towing EV has similar towing capabilities as the conventionally powered towing tractors, with a loading capacity of about 27,000 kg. Such development of new equipment, as well as investments in the procurement of aircraft handling equipment, is anticipated to propel the growth of the segment during the forecast period.
North America Region is Expected to Witness Highest Growth During the Forecast Period
The North American region is expected to witness the highest growth during the forecast period. This is due to the rapid recovery of the aviation industry from the COVID-19 pandemic impact along with investments of the civil aviation authority and airport operators in the region in the expansion of airports as well as the development of ground handling equipment modernization.
The Federal Aviation Administration (FAA) provided various funds to the airports in the United States to introduce electric ground support vehicles in the coming years. In October 2022, FAA, the largest United States transportation agency, awarded more than USD 27 million to help a dozen airports to purchase zero-emission buses, charging stations, and other equipment used to service planes at gates.
Also, in addition to the ground handling systems, the airports are investing in the development of infrastructure to ease the induction of electric ground vehicles. As a part of the new terminal building project at Kansas City International Airport, the Kansas City Aviation Department announced its plan to invest in the first wireless vehicle charging system installed at the United States airport. The technology is expected to extend the range of its electric buses without installing a charging station or taking buses out of service for charging. Momentum Dynamics will supply the charging solution and is expected to be installed by 2023. Such initiatives and growing demand for enhancing ground handling operations will drive market growth in the region during the forecast period.
Airport Ground Handling Systems Industry Overview
The airport ground handling systems market is highly fragmented due to the presence of numerous local players that provide a wide range of ground handling systems. The key players in the market include Cavotec SA, John Bean Technologies Corp., Textron Inc., Air T Inc, and ALVEST. Strategic acquisitions and partnerships, along with the establishment of manufacturing and production facilities locally, can be helpful for players to establish a foothold in the local and regional markets. With the current trend of deploying electric ground handling systems at airports, manufacturers are developing and testing new eco-friendly (electric) equipment, which is expected to help the companies increase their market share.
For instance, in December 2021, Mallaghan Engineering launched Árbus electric airport bus following its successful trials with ABM Aviation. The bus is expected to be available in three models, with the largest bus capacity being 118 passengers. Also, over the past few years, airlines and airport ground handling service providers have been partnering with manufacturers to introduce electric ground handling systems. Such partnerships are also expected to support the growth of the companies in the coming years.
Airport Ground Handling Systems Market Leaders
Cavotec SA
Textron Inc.
John Bean Technologies Corp.
Air T Inc
ALVEST
*Disclaimer: Major Players sorted in no particular order
Airport Ground Handling Systems Market News
- In April 2022, Airpro announced an investment of EUR 4 million to procure four Elephant e-BETA de-icers from Vestergaard Company. The equipment is expected to be delivered by winter 2022 and will be operated at Helsinki Airport. The company is expected to become the first ground handling company in Finland to deploy electric de-icing services following the delivery.
- In March 2022, Lufthansa LEOS, the ground handling subsidiary of the Lufthansa Group, announced that the company became the launch customer of the all-electric towbarless aircraft tractor Phoenix E manufactured by Goldhofer. The new vehicle is battery-powered and can carry a weight of up to 352 metric tons.
Airport Ground Handling Systems Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Type
5.1.1 Aircraft Handling
5.1.2 Passenger Handling
5.1.3 Cargo and Baggage Handling
5.2 Power Source
5.2.1 Non-electric
5.2.2 Electric
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 France
5.3.2.3 Germany
5.3.2.4 Italy
5.3.2.5 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Japan
5.3.3.4 South Korea
5.3.3.5 Rest of Asia-Pacific
5.3.4 Latin America
5.3.4.1 Brazil
5.3.4.2 Rest of Latin America
5.3.5 Middle-East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 United Arab Emirates
5.3.5.3 South Africa
5.3.5.4 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Cavotec SA
6.2.2 John Bean Technologies Corp.
6.2.3 ADELTE Group SL
6.2.4 ALVEST
6.2.5 Textron Inc.
6.2.6 Tronair Inc.
6.2.7 Mallaghan Engineering Limited
6.2.8 MULAG Fahrzeugwerk
6.2.9 Vestergaard Company
6.2.10 Air T Inc.
6.2.11 Ground Support Specialists LLC
6.2.12 Weihai Guangtai Airport Equipment Co. Ltd
- *List Not Exhaustive
6.3 Other Companies
6.3.1 Kalmar Motor AB
6.3.2 MOTOTOK INTERNATIONAL GMBH
6.3.3 Daifuku Co. Ltd
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Airport Ground Handling Systems Industry Segmentation
The aircraft ground handling systems include equipment used to offer services to an aircraft while it is on the ground and parked at a terminal gate. The market is segmented by type and power source. Based on type, the market is segmented into aircraft handling, passenger handling, and cargo and baggage handling. Based on power sources, the market is divided into non-electric and electric. The report also covers the market size and forecasts for the market in major countries across different regions. The market sizing and forecasts have been provided in value (USD billion). The market does not include military cargo and baggage handling equipment.
| Type | |
| Aircraft Handling | |
| Passenger Handling | |
| Cargo and Baggage Handling |
| Power Source | |
| Non-electric | |
| Electric |
| Geography | |||||||
| |||||||
| |||||||
| |||||||
| |||||||
|
Airport Ground Handling Systems Market Research FAQs
How big is the Airport Ground Handling Systems Market?
The Airport Ground Handling Systems Market size is expected to reach USD 4.52 billion in 2024 and grow at a CAGR of 13.33% to reach USD 8.44 billion by 2029.
What is the current Airport Ground Handling Systems Market size?
In 2024, the Airport Ground Handling Systems Market size is expected to reach USD 4.52 billion.
Who are the key players in Airport Ground Handling Systems Market?
Cavotec SA, Textron Inc., John Bean Technologies Corp., Air T Inc and ALVEST are the major companies operating in the Airport Ground Handling Systems Market.
Which is the fastest growing region in Airport Ground Handling Systems Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Airport Ground Handling Systems Market?
In 2024, the Asia Pacific accounts for the largest market share in Airport Ground Handling Systems Market.
What years does this Airport Ground Handling Systems Market cover, and what was the market size in 2023?
In 2023, the Airport Ground Handling Systems Market size was estimated at USD 3.99 billion. The report covers the Airport Ground Handling Systems Market historical market size for years: . The report also forecasts the Airport Ground Handling Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Airport Ground Handling Systems Industry Report
Statistics for the 2024 Airport Ground Handling Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Airport Ground Handling Systems analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
