Airport Ground Vehicles Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Airport Ground Support Vehicles Market Report is Segmented by Type (Refuelers, Tugs and Tractors, Passenger Buses, De-Icing Vehicles, Ground Power Units, and Others), Power Source (Electric, Non-Electric, and Hybrid), Application (Commercial and Military and Defense), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The Report Offers Market Size and Forecasts for all the Above Segments in Value (USD).

Airport Ground Support Vehicles Market Size

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Airport Ground Support Vehicles Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 8.94 Billion
Market Size (2029) USD 11.96 Billion
CAGR (2024 - 2029) 5.99 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Airport Ground Support Vehicles Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Airport Ground Support Vehicles Market Analysis

The Airport Ground Support Vehicles Market size is estimated at USD 8.94 billion in 2024, and is expected to reach USD 11.96 billion by 2029, growing at a CAGR of 5.99% during the forecast period (2024-2029).

Airport ground vehicles are normally used for various operations between aircraft flights. The towbarless tractors used at airports tow aircraft on the aircraft. Passenger stairs are used for onboarding and offboarding passengers to and from the aircraft. The market is driven by the increasing demand for such systems to enhance the operational efficiency of airports, which is witnessing an increase in cargo and passenger traffic. In addition, major airlines and GSE suppliers focus on refurbishing old equipment to increase its lifespan and save operational costs.

Developing new and innovative airport ground support vehicles requires significant investment in research and development. This can be a significant challenge for businesses, especially small and medium-sized enterprises. However, there is a growing demand for electric and hybrid ground support vehicles that are more environment-friendly and sustainable than traditional vehicles. Businesses that can offer innovative electric and hybrid vehicles have a significant opportunity in the market.

The expansion and modernization of airports around the world are driving the demand for airport ground support vehicles. Businesses that can offer efficient and safe airport operations have a significant opportunity in the market. Such factors are expected to drive the market’s growth during the forecast period.

Airport Ground Support Vehicles Market Trends

The Tugs and Tractor Segment is expected to Occupy the Largest Market Share During the Forecast Period

Airport construction/expansion activities are now in progress in almost every region worldwide, with massive investments flowing into the same. The demand for tugs and tractors is driven by the rising air passenger traffic globally, as increased aircraft movement leads to the need for tugs and tractors. An aircraft tug is used to tow an aircraft from runways or hangers. Tractors are used to transport baggage between airports and aircraft. Tugs and tractors are crucial to any airport’s ground support equipment (GSE).

Advancements in mechatronics and robotics, as well as electrical and mechanical innovations, are vital in driving the aircraft ground handling industry. Modernization in ground handling systems improves the reliability, safety, and efficiency of ground operations and aircraft handling. The technology could also prove very useful in optimizing the process. Well-integrated, technology-driven ground-handling processes create an overview of all actions happening around the aircraft, helping reduce turnaround times and delays.

The demand for electric ground handling is increasing due to lower noise, no emissions, and higher efficiency. Compliance with stringent regulatory norms and reduced maintenance requirements are driving the adoption. Airport operators continuously replace their aging fleets with advanced and efficient electric vehicles. For instance, in March 2022, Lufthansa LEOS became the launch customer of Goldhofer’s all-electric towbar-less aircraft tractor named the Phoenix E in Frankfurt Airport. The Phoenix E is a battery-electric vehicle capable of moving aircraft with a take-off weight of up to 352 tons over short and long distances.

Innovations such as automated baggage tractors for transporting baggage between airports and aircraft and vice versa are boosting the segment’s growth. For instance, in November 2023, Alyzia, an airport ground handler company, announced that it had commenced Level 4 operations of an autonomous baggage tractor at Toulouse-Blagnac Airport (TLS) for efficient baggage handling operations. Such developments are expected to drive the demand for the segment during the forecast period.

Airport Ground Vehicles Market: Revenue Passenger Kilometres, in Percentage, By Region, Global, 2019-2023

Asia-Pacific is expected to Exhibit the Fastest Growth During the Forecast Period

Growing urbanization, an increasing number of air travelers, and rising spending on developing new airports boost the market growth across the region. For instance, in March 2024, Adani Group announced that it plans to invest approximately USD 7.2 billion in the development of airport sectors. The Adani Group operates seven airports in India, and one is under construction in Navi Mumbai. These seven airports handle 100-110 million passengers annually. Of the USD 7.2 billion, approximately USD 2.1 billion is allocated for the airport development in Navi Mumbai, India. In addition, India is planning to build 100 new airports by 2024. These developments are expected to drive the procurement of airport ground vehicles in the region.

The electrification of airport ground support vehicles to reduce carbon emissions is a significant trend transforming the market. Major regional countries are investing significantly in procuring electric airport ground support vehicles. For instance, in 2021, the Chongqing Airport Group announced plans to facilitate the electrification of its ground vehicles. The airport invested approximately USD 19.43 million in this initiative to procure electric vehicles and build charging stations.

In June 2022, Delhi's Indira Gandhi International Airport announced that it plans to reduce airside operations emissions by inducting 62 electric vehicles in 2022. The vehicles procured serve multiple purposes, from cleaning to transporting passengers between the aircraft and the terminals. Such developments are expected to drive the market demand in the region during the forecast period.

Airport Ground Vehicles Market: Market CAGR (%), By Region, Global, 2023

Airport Ground Vehicles Industry Overview

The market for airport ground support vehicles is fragmented. Several suppliers provide vehicles, such as passenger buses and stairs, refuelers, deicers, tugs, and tractors. However, some prominent market players are JBT Corporation, Textron GSE (Textron Inc.), Vestergaard Company, Tronair Inc., and Mallaghan Group.

These companies are focused on developing new technologies, like electric aircraft tugs and GPUs. They are anticipated to support the companies and attract new customers (airlines and airport operators). For instance, in December 2022, a Class 8 heavy-duty electric vehicle, a Nikola Tre battery-electric vehicle (BEV), was delivered to the Los Angeles World Airport. The battery-electric vehicle (BEV) will move paving equipment, transport construction materials, and pull heavy equipment at the airport’s worksites.

Airport Ground Support Vehicles Market Leaders

  1. Vestergaard Company

  2. Textron GSE (Textron Inc.)

  3. Mallaghan Group

  4. Tronair Inc.

  5. JBT Corporation

*Disclaimer: Major Players sorted in no particular order

Airport Ground Support Vehicles Market Concentration
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Airport Ground Support Vehicles Market News

January 2024: Dnata’s airport handling division was awarded a 7-year ground handling license by Aeroporti di Roma to establish its operations at Rome Fiumicino Airport (FCO) starting from Q2 2024.

October 2023: Under the Voluntary Airport Low Emissions Program, the FAA allocated USD 13 million for the procurement of 57 PCAs and 61 GPUs across various gates of Boise, Detroit Metropolitan Wayne County, Philadelphia International, Reno-Tahoe International, and William P Hobby airports in North America.

Airport Ground Support Vehicles Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Buyers/Consumers

      2. 4.4.2 Bargaining Power of Suppliers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Refuelers

      2. 5.1.2 Tugs and Tractors

      3. 5.1.3 Passenger Buses

      4. 5.1.4 De-icing Vehicles

      5. 5.1.5 Ground Power Units

      6. 5.1.6 Others

    2. 5.2 Power Source

      1. 5.2.1 Electric

      2. 5.2.2 Non-Electric

      3. 5.2.3 Hybrid

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 France

        3. 5.3.2.3 Germany

        4. 5.3.2.4 Spain

        5. 5.3.2.5 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 India

        3. 5.3.3.3 Japan

        4. 5.3.3.4 South Korea

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 Latin America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of Latin America

      5. 5.3.5 Middle East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 United Arab Emirates

        3. 5.3.5.3 Qatar

        4. 5.3.5.4 South Africa

        5. 5.3.5.5 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles*

      1. 6.2.1 JBT Corporation

      2. 6.2.2 Textron Ground Support Equipment Inc. (Textron Inc.)

      3. 6.2.3 ALVEST

      4. 6.2.4 Mallaghan Group

      5. 6.2.5 Vestergaard Company

      6. 6.2.6 MULAG

      7. 6.2.7 Tronair Inc.

      8. 6.2.8 TIPS d.o.o.

      9. 6.2.9 Ground Support Specialists LLC

      10. 6.2.10 COBUS Industries GmbH

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Airport Ground Support Vehicles Industry Segmentation

Airport ground vehicles include passenger buses, refuelers, tugs and tractors, lavatory service vehicles, deicers, ground power units, pre-conditioned air units, fuel trucks, and other ground handling systems in airports.

The airport ground vehicles market is segmented based on type, power source, and geography. By type, the market is segmented into refuelers, tugs and tractors, passenger buses, de-icing vehicles, ground power units, and others. By power source, the market is segmented into electric, non-electric, and hybrid. The report also covers the market sizes and forecasts for the airport ground support vehicles market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).

Type
Refuelers
Tugs and Tractors
Passenger Buses
De-icing Vehicles
Ground Power Units
Others
Power Source
Electric
Non-Electric
Hybrid
Geography
North America
United States
Canada
Europe
United Kingdom
France
Germany
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East and Africa
Saudi Arabia
United Arab Emirates
Qatar
South Africa
Rest of Middle East and Africa
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Airport Ground Support Vehicles Market Research FAQs

The Airport Ground Support Vehicles Market size is expected to reach USD 8.94 billion in 2024 and grow at a CAGR of 5.99% to reach USD 11.96 billion by 2029.

In 2024, the Airport Ground Support Vehicles Market size is expected to reach USD 8.94 billion.

Vestergaard Company, Textron GSE (Textron Inc.), Mallaghan Group, Tronair Inc. and JBT Corporation are the major companies operating in the Airport Ground Support Vehicles Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Airport Ground Support Vehicles Market.

In 2023, the Airport Ground Support Vehicles Market size was estimated at USD 8.40 billion. The report covers the Airport Ground Support Vehicles Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Airport Ground Support Vehicles Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Aircraft Ground Support Vehicles Industry Report

Statistics for the 2024 Aircraft Ground Support Vehicles market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aircraft Ground Support Vehicles analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Airport Ground Vehicles Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)