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Military & Defense Ground Support Equipment Market Analysis

  • Report ID: GMI4486
  • Published Date: Sep 2023
  • Report Format: PDF

Military & Defense Ground Support Equipment Market Analysis

Based on aircraft, the military & defense ground support equipment market is segmented into fighter jet, transport aircraft, and special mission aircraft. The fighter jet segment held a market share of 70% in 2022. Fighter jets represent a crucial component of modern military forces, necessitating advanced GSE for maintenance, repair, and logistics support. The increasing complexity of fighter aircraft demands specialized and high-tech GSE to ensure optimal performance & operational readiness. The development of next-generation fighter jets and the modernization of existing fleets create a demand for GSE that can handle the unique requirements of these advanced platforms.

 

Military & Defense Ground Support Equipment Market, By Power Type, 2022

Based on power type, the military & defense ground support equipment market is segmented into diesel, electric, and hybrid. The hybrid segment will experience a CAGR of over 7% in 2032 due to a growing global focus on sustainability and reducing carbon emissions. Military and defense organizations worldwide are becoming increasingly concerned about environmental sustainability and reducing their carbon footprint. Hybrid GSE, with its ability to reduce emissions and reliance on traditional fuels, aligns with these environmental objectives. It offers a greener alternative compared to conventional, fuel-powered equipment. Hybrid GSE provides operational flexibility that can be invaluable in military and defense applications. It allows for switching between electric and traditional power sources as needed, enabling equipment to adapt to various scenarios and mission requirements.
 

 China Military & Defense Ground Support Equipment Market, (USD Million)

Asia Pacific is experiencing progression in the military & defense ground support equipment market as the region's geopolitical landscape has led to increased defense spending, resulting in a higher demand for advanced GSE to support modernized military forces and is expected to grow at a CAGR of over 6% by 2032. Economic development in the Asia Pacific region has enabled investments in sophisticated military equipment, necessitating GSE for maintenance and support. This has led to an increased demand for GSE to support the region’s expanding fleet of military aircraft, vehicles, and naval assets. China has been rapidly modernizing its military forces and investing in advanced equipment. As of 2023, China has over 300 defense ground stations located around the world. China is investing heavily in its defense ground station network and is expected to have over 500 stations by 2030.

Authors: Suraj Gujar, Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Global market for military & defense ground support equipment was valued at over USD 716.5 Million in 2022 and is anticipated to grow at a CAGR of over 5% between 2023 and 2032, owing to military modernization, where advanced military hardware demands equally sophisticated support.

The hybrid segment will experience a CAGR of over 7% through 2032, due to a growing global focus on sustainability and reducing carbon emissions.

Asia Pacific defense ground support equipment market is expected to grow at a CAGR of over 6% through 2032, as the region's geopolitical landscape has led to increased defense spending, resulting in a higher demand for advanced GSE to support modernized military forces.

Air+MAK, Atec, Inc., Cavotec SA, GATE GSE, Hydraulics International Inc., ITW GSE ApS, JBT, Rheinmetall AG, Tronair Inc., and Unitron, LP.

Military & Defense Ground Support Equipment Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 313
  • Countries covered: 21
  • Pages: 250
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