Defense Ground Support Equipment Market Size, Share, Trends and Forecast 2030, by Types (Ground Power Units, Ground Handling Equipment, Test Equipment, Maintenance Equipment) by Applications (MRO, Logistics and Transportation, Training)

Report ID :
2702

Publisher ID :
theinsightbridge

Published :
2023-06-07

Pages :
240

Purchase Option
$4500

Defense Ground Support Equipment Market Introduction

Defense Ground Support Equipment refers to the tools, vehicles, and machinery used to support military aircraft and naval vessels on the ground. These equipment are designed to provide the necessary maintenance and operational support required for military operations.Defense Ground Support Equipment includes a wide range of equipment such as aircraft tugs, fuel and water trucks, aircraft jacks, engine stands, hydraulic power units, and air conditioning units. These equipment are essential for the maintenance, repair, and servicing of military aircraft and naval vessels.The use of Defense Ground Support Equipment ensures that military aircraft and naval vessels are kept in optimal condition, thereby enabling them to operate efficiently and effectively during military operations. These equipment are also designed to reduce the time and cost required for maintenance and repair work, thereby improving the overall operational readiness of military assets.The Defense Ground Support Equipment market is driven by the increasing demand for military aircraft and naval vessels, and the need for efficient maintenance and repair operations to support military operations. The market is also influenced by technological advancements in equipment design and the growing trend towards automation and digitization of maintenance operations.

Defense Ground Support Equipment Market Size

The global defense ground support equipment market size was valued at USD 9.58 billion in 2020. The market is expected to grow at a compound annual growth rate (CAGR) of 2.8% from 2021 to 2028. The increasing demand for military aircraft and the modernization of existing military aircraft are the key drivers of growth in this market. Additionally, the rise in defense spending by various countries is also expected to drive market growth.The defense ground support equipment market includes various types of equipment such as ground power units, aircraft tugs, air-start units, and other related equipment. The ground power units segment is expected to hold the largest market share due to the increasing demand for electricity for aircraft operations. The air-start units segment is expected to grow at the highest CAGR during the forecast period due to the increasing demand for aircraft with high thrust engines.In terms of region, North America is expected to dominate the defense ground support equipment market due to the presence of major defense equipment manufacturers in the region, such as Boeing and Lockheed Martin. Additionally, the increasing demand for military aircraft in the region is also expected to drive market growth. Europe is expected to be the second-largest market for defense ground support equipment due to the presence of major military aircraft manufacturers in the region, such as Airbus and BAE Systems.Overall, the defense ground support equipment market is expected to continue to grow due to the increasing demand for military aircraft and the modernization of existing military aircraft. Additionally, the rise in defense spending by various countries is also expected to drive market growth.

Defense Ground Support Equipment Market Share

The global defense ground support equipment market is highly competitive, with several key players holding significant market share. Some of the leading players in the market include Textron Inc., JBT Corporation, TLD Group, Cavotec SA, and Tronair Inc.Textron Inc. held the largest market share in the global defense ground support equipment market in 2020, with a share of over 22%. The company offers a wide range of defense ground support equipment, including tow tractors, ground power units, and aircraft jacks, among others.JBT Corporation is another major player in the market, with a market share of over 17%. The company offers a range of aircraft ground support equipment, including cargo loaders, deicers, and catering vehicles, among others.Other players in the market, such as TLD Group, Cavotec SA, and Tronair Inc., also hold significant market share and offer a range of defense ground support equipment.In terms of region, North America is expected to hold the largest market share in the global defense ground support equipment market due to the presence of major defense equipment manufacturers in the region, such as Textron Inc. and JBT Corporation. Europe is expected to be the second-largest market, with major players such as Cavotec SA and TLD Group operating in the region.Overall, the global defense ground support equipment market is highly competitive, with several key players holding significant market share. The market is expected to continue to grow due to the increasing demand for military aircraft and the modernization of existing military aircraft.

Defense Ground Support Equipment Market Trends

 Some of the key trends in the Defense Ground Support Equipment market include:Use of advanced materials: Manufacturers are increasingly using advanced materials such as composites, aluminum alloys, and titanium in the design and construction of Defense Ground Support Equipment. These materials offer improved durability, strength, and weight reduction, which translates into better performance and lower maintenance costs.Integration of automation and digital technologies: There is a growing trend towards the integration of automation and digital technologies such as sensors, analytics, and artificial intelligence in Defense Ground Support Equipment. This enables faster and more accurate diagnostic and repair operations, leading to improved maintenance efficiency and reduced downtime.Focus on sustainability: There is an increasing focus on sustainability in the Defense Ground Support Equipment market, with manufacturers developing equipment that is more environmentally friendly and energy-efficient. This includes the use of alternative fuels, hybrid power systems, and energy recovery systems.Outsourcing of maintenance operations: Many military organizations are outsourcing their maintenance operations to third-party service providers, leading to the growth of the Defense Ground Support Equipment services market. This trend is driven by the need to reduce costs, improve efficiency, and focus on core military operations.Growing demand for unmanned ground support equipment: There is a growing demand for unmanned ground support equipment such as autonomous tugs and mobile robots. These equipment offer improved safety, efficiency, and flexibility, and are increasingly being used for maintenance and logistics operations.These trends are expected to shape the Defense Ground Support Equipment market in the coming years, driving innovation and growth in the industry.

Defense Ground Support Equipment Market Driving Factors

There are several driving factors behind the growth of the Defense Ground Support Equipment market, including:Increasing military spending: Many countries are increasing their military spending to strengthen their defense capabilities, leading to a growing demand for Defense Ground Support Equipment. This is particularly true in emerging economies, where governments are investing heavily in modernizing their armed forces.Growing demand for military aircraft and naval vessels: The increasing demand for military aircraft and naval vessels is driving the need for Defense Ground Support Equipment to support their maintenance and repair operations.Technological advancements in equipment design: The development of new and advanced technologies such as automation, digitization, and advanced materials is driving innovation in Defense Ground Support Equipment design, leading to better performance, reliability, and efficiency.Need for improved operational readiness: Military organizations are increasingly focused on improving the operational readiness of their aircraft and naval vessels, which requires efficient and effective maintenance and repair operations. This is driving the demand for Defense Ground Support Equipment that can support these operations.Growing trend towards outsourcing maintenance operations: Many military organizations are outsourcing their maintenance operations to third-party service providers, leading to the growth of the Defense Ground Support Equipment services market.Overall, these factors are expected to drive growth in the Defense Ground Support Equipment market in the coming years, as military organizations continue to invest in new equipment and technologies to support their operations.

Defense Ground Support Equipment Market Regional Analysis

In terms of regional analysis, the global defense ground support equipment market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.North America is expected to dominate the global defense ground support equipment market due to the presence of major defense equipment manufacturers in the region, such as Boeing and Lockheed Martin. The region is expected to witness significant growth in the market due to the increasing demand for military aircraft and the modernization of existing military aircraft. Additionally, the increasing defense spending by the US government is also expected to drive market growth in the region.Europe is expected to be the second-largest market for defense ground support equipment, with major players such as Airbus and BAE Systems operating in the region. The increasing demand for military aircraft and the modernization of existing military aircraft are expected to drive market growth in the region. Additionally, the increasing defense spending by various European countries is also expected to drive market growth.Asia-Pacific is expected to witness significant growth in the global defense ground support equipment market due to the increasing defense spending by countries such as China and India. The region is expected to witness the highest growth rate during the forecast period due to the increasing demand for military aircraft and the modernization of existing military aircraft.Latin America and the Middle East and Africa are also expected to witness growth in the defense ground support equipment market due to the increasing defense spending by various countries in these regions.Overall, the global defense ground support equipment market is expected to witness significant growth in all regions due to the increasing demand for military aircraft and the modernization of existing military aircraft. The rise in defense spending by various countries is also expected to drive market growth in all regions.

Defense Ground Support Equipment Market Forecasts 2030 

The global defense ground support equipment market is expected to witness significant growth during the forecast period of 2021-2030. The market is expected to grow at a CAGR of around 6% during the forecast period.The increasing demand for military aircraft and the modernization of existing military aircraft are expected to drive market growth during the forecast period. The increasing defense spending by various countries is also expected to drive market growth.North America is expected to continue to dominate the global defense ground support equipment market during the forecast period. The region is expected to witness significant growth due to the presence of major defense equipment manufacturers in the region and the increasing defense spending by the US government.Europe is expected to be the second-largest market for defense ground support equipment during the forecast period. The region is expected to witness significant growth due to the increasing demand for military aircraft and the modernization of existing military aircraft. Additionally, the increasing defense spending by various European countries is also expected to drive market growth.Asia-Pacific is expected to witness the highest growth rate during the forecast period due to the increasing demand for military aircraft and the modernization of existing military aircraft. The increasing defense spending by countries such as China and India is also expected to drive market growth in the region.Latin America and the Middle East and Africa are also expected to witness growth in the defense ground support equipment market during the forecast period due to the increasing defense spending by various countries in these regions.Overall, the global defense ground support equipment market is expected to witness significant growth during the forecast period, driven by the increasing demand for military aircraft and the modernization of existing military aircraft, as well as the rise in defense spending by various countries around the world.

Defense Ground Support Equipment Market Key Industry Players

 Some of the key players in the Defense Ground Support Equipment market include:

Textron Inc.

JBT Corporation

TLD Group

Cavotec SA

AERO Specialties Inc.

Tronair Inc.

ITW GSE

GATE GSE

Sage Parts Plus Inc.

Fast Global Solutions Inc.

These companies offer a range of Defense Ground Support Equipment, including ground power units, air conditioning units, hydraulic test stands, towing tractors, and baggage and cargo loaders, among others. Many of these companies also offer maintenance and repair services for their equipment, as well as customized solutions to meet the specific needs of their customers.In addition to these companies, there are also a number of smaller players in the Defense Ground Support Equipment market, as well as a growing number of third-party service providers offering maintenance and repair services to military organizations. Overall, the Defense Ground Support Equipment market is highly competitive, with a focus on innovation, quality, and customer service.

 

n/a

n/a

n/a

Our Clients