Rising demand for electric ground support to supplement the GPU market

The Ground power unit (GPU) market worldwide is expected to grow with a CAGR of 4.7% during the forecast period from 2019 to 2027, starting from US$ 7.63 Bn in 2018. Ground Power Unit also abbreviated as GPU is a immovable power supply for aircraft parked on the ground or a powered vehicle. A GPU may refer to a specific power supply, battery power supply, or a combination of both. Power sources might be an airport-based dedicated generator or central station. Some of the factors expected to fuel the growth of the ground power unit market are increased demand for electric ground support equipment, increased airport warehouse operations, and ongoing airport expansions to cater for the rising global air passenger traffic.

Mobile GPU to dominate the market throughout the forecast period

In 2018, the mobile GPU segment dominated the global ground power units market majorly due to increasing demand for easy to use and movable GPUs. To provide either 28V DC or 120V AC power, mobile units can be linked to an aircraft's electrical system while on the ground. Mobile ground power units usually consist of a diesel-powered generator but can be found in other configurations. Mobile GPU plays an important role in the operation of airports as it enables airlines to achieve on-time performance. Increasing aircraft movements and increasing the number of airport expansion projects are expected to drive market segment growth over the forecast period.

Asia Pacific to Register the Fastest Growth

In 2018, the global Ground power unit (GPU) market was led by Asia-Pacific. This region accounted for nearly 37.4% of the total revenue generated worldwide. High economic growth, rising number of airports, major developments in the Chinese and Indian aerospace industry, huge capital investments by the governments of several economies are some major factors driving the Asia-Pacific ground power unit market.

In commercial applications across the North American region and in some parts of the European region, the adoption of electric ground support equipment has increased. However, diesel ground support equipment is still being used in the Asia Pacific region in various commercial applications. Due to a constant increase in the airport expansion projects to cater the increasing number of cargo movements and air passengers, the Middle East ground support equipment market region is projected to grow at the highest CAGR during the forecast period.

Some of the prominent players operating in the ground power unit (GPU) market include TLD GSE, ITW GSE, Powervamp, JBT Corporation, Acsoon, Textron GSE, Tronair, GUANGTAI, Guinault and Velocity Airport Solutions among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The ground power unit (GPU) market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global ground power unit (GPU) market based on type, application and geography. Key segments covered in the report are as follows:

Key questions answered in this report

• What are the major sustainability strategies followed by the market giants operating in the global ground power units market?
• What are the major, innovative & emerging technologies in the global aerospace industry?
• What are the key applications in which ground power unit (GPU) plays a considerable role?
• What are the major trends as well as lucrative opportunities pertaining in the global ground power unit market across various regions countries?

Unique data points of this report

• Key trends across major regions and their countries in terms of the penetration of ground power units across different applications
• Analysis of major developments, strategies and winning imperatives adopted in the global aerospace industry
• Attractive investment proposition for segments as well as geography
• Competitive landscape and profiles of major companies operating in the global GPU market

Chapter 1. Preface
1.1. Report Description
1.1.1. Purpose of the report
1.1.2. Target Audience
1.1.3. USP & Key Offerings
1.2. Research Scope
1.3. Market Segmentation
1.4. Research Methodology
1.4.1. Phase 1 – Secondary Research
1.4.2. Phase 2 – Primary Research
1.4.3. Phase 3 – Expert Panel Review
1.4.4. Assumptions
1.4.5. Approach Adopted

Chapter 2. Executive Summary
2.1. Market Snapshot: Global GPU Market
2.2. Global GPU Market, By Type, 2018 (US$ Bn)
2.3. Global GPU Market, By Application, 2018 (US$ Bn)
2.4. Global GPU Market, By Geography, 2018 (US$ Bn)

Chapter 3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.3. Market Growth Inhibitors
3.3.1. Impact Analysis of Drivers and Restraints
3.4. Key Market Trends
3.5. Attractive Investment Proposition, by Geography, 2018
3.6. Competitive Analysis
3.6.1. Market Positioning of Key GPU Vendors, 2018
3.6.2. Key Strategies Adopted by Leading Players

Chapter 4. Global Ground Power Units (GPU) Market, by Type, 2017-2027 (US$ Bn)
4.1. Overview
4.2. Fixed
4.3. Mobile

Chapter 5. Global Ground Power Units (GPU) Market, by Application, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Civil Airports
5.3. Military Airports
5.4. Business Airports
5.5. Others

Chapter 6. North America Ground Power Units (GPU) Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.2. North America GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America GPU Market Analysis, by Country, 2017-2027 (US$ Bn)
6.4.1. U.S.
6.4.1.1. U.S. GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
6.4.1.2. U.S. GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
6.4.2. Rest of North America
6.4.2.1. Rest of North America GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
6.4.2.2. Rest of North America GPU Market Analysis, by Application, 2017-2027 (US$ Bn)

Chapter 7. Europe Ground Power Units (GPU) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.2. Europe GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Europe GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.4. Europe GPU Market Analysis, by Country, 2017-2027 (US$ Bn)
7.4.1. Germany
7.4.1.1. Germany GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
7.4.1.2. Germany GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
7.4.2. UK
7.4.2.1. UK GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
7.4.2.2. UK GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
7.4.3. France
7.4.3.1. France GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
7.4.3.2. France GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
7.4.4. Italy
7.4.4.1. Italy GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
7.4.4.2. Italy GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
7.4.5. Rest of Europe
7.4.5.1. Rest of Europe GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
7.4.5.2. Rest of Europe GPU Market Analysis, by Application, 2017-2027 (US$ Bn)

Chapter 8. Asia-Pacific Ground Power Units (GPU) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.2. Asia-Pacific GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia-Pacific GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Asia-Pacific GPU Market Analysis, by Country, 2017-2027 (US$ Bn)
8.4.1. China
8.4.1.1. China GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
8.4.1.2. China GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
8.4.2. India
8.4.2.1. India GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
8.4.2.2. India GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
8.4.3. Japan
8.4.3.1. Japan GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
8.4.3.2. Japan GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
8.4.4. Rest of Asia-Pacific
8.4.4.1. Rest of Asia-Pacific GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
8.4.4.2. Rest of Asia-Pacific GPU Market Analysis, by Application, 2017-2027 (US$ Bn)

Chapter 9. RoW Ground Power Units (GPU) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.2. RoW GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. RoW GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. RoW GPU Market Analysis, by Country, 2017-2027 (US$ Bn)
9.4.1. MEA
9.4.1.1. MEA GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
9.4.1.2. MEA GPU Market Analysis, by Application, 2017-2027 (US$ Bn)
9.4.2. Latin America
9.4.2.1. Latin America GPU Market Analysis, by Type, 2017-2027 (US$ Bn)
9.4.2.2. Latin America GPU Market Analysis, by Application, 2017-2027 (US$ Bn)

Chapter 10. Company Profiles
10.1. TLD GSE
10.2. ITW GSE
10.3. Powervamp
10.4. JBT Corporation
10.5. Textron
10.6. Tronair
10.7. GUANGTAI
10.8. Guinalt
10.9. Acsoon
10.10. Velocity Airport Solutions

* Here we are using GPU as a short form of Ground Power Units