Ground Power Unit (GPU) Market

Market Insights

A grounded source supplies power when an aircraft is landed on the ground. A Ground Power Unit can be fixed as well as a mobile. Ground Power Unit offers a clean or ripple-free voltage that is very crucial in carrying out all maintenance-related activities of an aircraft, including engine start and stop. Ground Power Unit supplies power to an aircraft via a 120V ac or 28V dc electric system. Ground Power Units can be diesel-run power generators or can be powered through batteries, including lithium-ion batteries or lead acid batteries. Sometimes Ground Power Units can also source the power from a grid-based power supply. However, the direct grid-based power supply is usually found in large commercially operated airports. Mobile Ground Power Units are flexible and can be taken to the location of aircraft. However, sometimes fixed Ground Power Units can also be found to be installed along jetways to make it easier to supply power to aircraft instead of bringing them to the maintenance area.

The rise in Air Traffic and the Growing Aviation Industry

Ever increasing aviation industry is poised to play an important role in the future growth of the Ground Power Units market. The market size of the aviation industry touched its peak in 2019, with transportation of almost 4 billion passengers within the span of one year around the world. While on the cargo front, it dispatched over 55,000 kilotons of freight through 37 million commercial flights. By the end of 2019, the number of air travelers reached over 10 million every day, and air cargo transported goods worth 10 billion each day. To carry out such a massive activity, there is a need for a huge fleet of well-maintained aircraft. To keep aircraft performing in the sky, it takes good maintenance on the ground. For that, ground staff must be equipped with all necessary equipment and tools. Ground Power Unit is one of the important pieces of equipment required for the maintenance of aircraft as its main power source for aircraft when it is grounded. With increasing air traffic, the demand for aircraft and airports is increasing, which in turn fuels the growth of the Ground Power Unit industry.

High Cost of Ownership 

The high cost of ownership is one of the significant concerns for the industry participants. Ground Power Units are quite expensive, and maintenance cost is also high. A Ground Power Unit can cost several thousand dollars. Moreover, the increasing pressure of constant evolution in technology to replace old equipment forces the end-users to opt for the leasing option instead of owning the one.

COVID-19 Impact on Ground Power Units Industry

The COVID-19 virus outbreak has grounded the aviation industry with a decline in air travel by over 30% worldwide in the year 2020. Most airline companies recorded losses due to serious restrictions imposed on air travel. Air travel was one of the most important factors for the rapid cross-border spread of the virus. With the decline in the number of flights, maintenance activities also come to a standstill, resulting in lesser use and demand for Ground Support Equipment, including Ground Power Units. As a result, the Ground Power Units industry witnessed a sharp decline in revenue generation in 2020. However, therevival of air transportation of passengers as weando is likely to bringgradually the Ground Power Units industry to its pre-COVID-19 stage grad

sing Option to Keep Driving Demand for Mobile Ground Power Unit

Leasing is the option opted for by a large number of airports due to the higher ownership and maintenance cost of Ground Power Units. Small and medium airports with limited or occasional air traffic can not afford to invest in ownership of Ground Power Units. However, leasing is an attractive option available to them. Leasing is not only economic but also offersoffers the end-users the opportunity to easily be tuned with any technological advancement with loss of capital. Secondly, it’s easy to lease mobile Ground Power Units than a fixed ones. With the rising trend of leasing, the demand for mobile Ground Power Units is also expected to grow at a rapid pace. Mobile Ground Power Units held over 60% of the global market in 2020.

Civil Airports to Offer Steady Growth

The civil aviation industry has grown considerably over the past decade. With increasing government efforts, the number of air travelers and cargo shipments is rising. For instance, the government of India has launched “UDAN,” a regional connectivity scheme that offers a significant subsidy to aircraft carriers and travelers to bring remote parts of the country on the air map. This has contributed to an increased number of domestic air travelers and an increase in domestic air cargo. This required extension of existing airports or building of new airports equipped with ground support equipment, including Ground Power Units. Demand from Civil airports for Ground Power Units has generated over USD 250 million in 2020 and is likely to register a CAGR of slightly over 9% over the forecast period. However, defense/military and business airports are also expected to grow at a rapid pace over the years to come. Moreover, with an increasing number of millionaires around the world, the demand for private or business airports is rising. This, in turn, has triggered the demand for Ground Power Units.

Key Companies are Focused on Innovation

Major global Ground Power Units players include John Bean Technologies Ltd, TLD GSE, ITW GSE, Textron GSE, and Guinault. These five players collectively held over 35% share in 2020. With rising demand for non-polluting Ground Power Units, the companies are focused on developing electric or hybrid Ground Power Units. As against diesel engines, electric motors are considered more efficient and hence possesspossess huge replacement potential over diesel engines in the near future. Battery-operated Ground Power Units are likely to become predominant, and hence, development of it is sought after by all leading players.

Future Growth Will Stem from the Asia Pacific

Although the growth of the Ground Power Units industry is driven by robust demand from U.S. and Europe, the future will be shaped by the end-users in the Asia Pacific. China and India have huge potential and scope for the development of domestic air transport. The U.S. and Europe have reached maturity in the aviation industry. However, Asia Pacific is a highly unexplored market with huge growth potential. Increasing infrastructure activities in the region, including civil airports, is on the rise in a quest to improve domestic air connectivity to build better economic growth prospects. This is expected to fuel the region’s demand for Ground Power Units.

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Ground Power Unit Market

3.Market Dynamics & Factors Analysis

3.1.Introduction
3.1.1. Global Ground Power Unit Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Type
3.3.2.Application
3.3.3.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Types
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Ground Power Unit Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Ground Power Unit Market, by Country, 2015-2027(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Ground Power Unit Market, by Type, 2015-2027(US$ Bn)
6.2.1.Overview
6.2.2.Fixed Ground Power Unit
6.2.3.Mobile Ground Power Unit
6.2.4.Type 3
6.2.5.Other Types
6.3.North America Ground Power Unit Market, by Application, 2015-2027(US$ Bn)
6.3.1.Overview
6.3.2.Civil Airports
6.3.3.Military Airports
6.3.4.Business Airports
6.3.5.Other Applications

7.Europe

7.1.Europe Ground Power Unit Market, by Country, 2015-2027(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Ground Power Unit Market, by Type, 2015-2027(US$ Bn)
7.2.1.Overview
7.2.2.Fixed Ground Power Unit
7.2.3.Mobile Ground Power Unit
7.2.4.Other Types
7.3.Europe Ground Power Unit Market, by Application, 2015-2027(US$ Bn)
7.3.1.Overview
7.3.2.Civil Airports
7.3.3.Military Airports
7.3.4.Business Airports
7.3.5.Other Applications

8.Asia Pacific

8.1.Asia Pacific Ground Power Unit Market, by Country, 2015-2027(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Ground Power Unit Market, by Type, 2015-2027(US$ Bn)
8.2.1.Overview
8.2.2.Fixed Ground Power Unit
8.2.3.Mobile Ground Power Unit
8.2.4.Other Types
8.3.Asia Pacific Ground Power Unit Market, by Application, 2015-2027(US$ Bn)
8.3.1.Overview
8.3.2.Civil Airports
8.3.3.Military Airports
8.3.4.Business Airports
8.3.5.Other Applications

9.Latin America

9.1.Latin America Ground Power Unit Market, by Country, 2015-2027(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Ground Power Unit Market, by Type, 2015-2027(US$ Bn)
9.2.1.Overview
9.2.2.Fixed Ground Power Unit
9.2.3.Mobile Ground Power Unit
9.2.4.Other Types
9.3.Latin America Ground Power Unit Market, by Application, 2015-2027(US$ Bn)
9.3.1.Overview
9.3.2.Civil Airports
9.3.3.Military Airports
9.3.4.Business Airports
9.3.5.Other Applications

10.Middle East

10.1.Middle East Ground Power Unit Market, by Country, 2015-2027(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Ground Power Unit Market, by Type, 2015-2027(US$ Bn)
10.2.1.Overview
10.2.2.Fixed Ground Power Unit
10.2.3.Mobile Ground Power Unit
10.2.4.Other Types
10.3.Middle East Ground Power Unit Market, by Application, 2015-2027(US$ Bn)
10.3.1.Overview
10.3.2.Civil Airports
10.3.3.Military Airports
10.3.4.Business Airports
10.3.5.Other Applications

11.Africa

11.1.Africa Ground Power Unit Market, by Country, 2015-2027(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Ground Power Unit Market, by Type, 2015-2027(US$ Bn)
11.2.1.Overview
11.2.2.Fixed Ground Power Unit
11.2.3.Mobile Ground Power Unit
11.2.4.Other Types
11.3.Africa Ground Power Unit Market, by Application, 2015-2027(US$ Bn)
11.3.1.Overview
11.3.2.Civil Airports
11.3.3.Military Airports
11.3.4.Business Airports
11.3.5.Other Applications

12.Global

12.1.Global Ground Power Unit Market, by Type, 2015-2027(US$ Bn)
12.1.1.Overview
12.1.2.Fixed Ground Power Unit
12.1.3.Mobile Ground Power Unit
12.2.Global Ground Power Unit Market, by Application, 2015-2027(US$ Bn)
12.2.1.Overview
12.2.2.Civil Airports
12.2.3.Military Airports
12.2.4.Business Airports
12.2.5.Other Applications

13.Company Profiles

13.1.John Bean Technologies Ltd
13.2.TLD GSE
13.3.ITW GSE
13.4.Powervamp Ltd
13.5.Acsoon
13.6.Textron GSE
13.7.Tronair
13.8.Guinault
13.9.Velocity Airport Solutions
13.10.MAK Controls and Systems Private Limited
13.11.Others

List of Figures

FIG. 1Global Ground Power Unit Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Ground Power Unit Market Segmentation
FIG. 4Global Ground Power Unit Market, by Type, 2019 (US$ Bn)
FIG. 5Global Ground Power Unit Market, by Application, 2019 (US$ Bn)
FIG. 6Global Ground Power Unit Market, by Geography, 2019 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2019
FIG. 8Global Market Positioning of Key Ground Power Unit Market Manufacturers, 2019
FIG. 9Global Ground Power Unit Market Value Contribution, By Type, 2020 & 2027 (Value %)
FIG. 10Global Ground Power Unit Market, by Fixed Ground Power Unit, Value, 2015-2027 (US$ Bn)
FIG. 11Global Ground Power Unit Market, by Mobile Ground Power Unit, Value, 2015-2027 (US$ Bn)
FIG. 12Global Ground Power Unit Market, by Type 3, Value, 2015-2027 (US$ Bn)
FIG. 13Global Ground Power Unit Market, by Type 4, Value, 2015-2027 (US$ Bn)
FIG. 14Global Ground Power Unit Market, by Type 5, Value, 2015-2027 (US$ Bn)
FIG. 15Global Ground Power Unit Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 16Global Ground Power Unit Market Value Contribution, By Application, 2020 & 2027 (Value %)
FIG. 17Global Ground Power Unit Market, by Civil Airports, Value, 2015-2027 (US$ Bn)
FIG. 18Global Ground Power Unit Market, by Military Airports, Value, 2015-2027 (US$ Bn)
FIG. 19Global Ground Power Unit Market, by Business Airports, Value, 2015-2027 (US$ Bn)
FIG. 20U.S. Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 21Rest of North America Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 22U.K. Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 23Germany Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 24France Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 25Rest of Europe Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 26Japan Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 27China Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 28India Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 29Rest of Asia Pacific Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 30Middle East & Africa Ground Power Unit Market, 2015-2027 (US$ Bn)
FIG. 31Latin America Ground Power Unit Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1Market Snapshot: Global Beauty Devices (Ground Power Unit) Market
TABLE 2Global Ground Power Unit Market, by Type, 2015-2027 (US$ Bn)
TABLE 3Global Ground Power Unit Market, by Application, 2015-2027 (US$ Bn)
TABLE 4Global Ground Power Unit Market, by Geography, 2015-2027 (US$ Bn)
TABLE 5North America Ground Power Unit Market, by Type, 2015-2027 (US$ Bn)
TABLE 6North America Ground Power Unit Market, by Application, 2015-2027 (US$ Bn)
TABLE 7North America Ground Power Unit Market, by Country, 2015-2027 (US$ Bn)
TABLE 8Europe Ground Power Unit Market, by Type, 2015-2027 (US$ Bn)
TABLE 9Europe Ground Power Unit Market, by Application, 2015-2027 (US$ Bn)
TABLE 10Europe Ground Power Unit Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 11Asia Pacific Ground Power Unit Market, by Type, 2015-2027 (US$ Bn)
TABLE 12Asia Pacific Ground Power Unit Market, by Application, 2015-2027 (US$ Bn)
TABLE 13Asia Pacific Ground Power Unit Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 14Latin America Ground Power Unit Market, by Type, 2015-2027 (US$ Bn)
TABLE 15Latin America Ground Power Unit Market, by Application, 2015-2027 (US$ Bn)
TABLE 16Latin America Ground Power Unit Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 17Middle East Ground Power Unit Market, by Type, 2015-2027 (US$ Bn)
TABLE 18Middle East Ground Power Unit Market, by Application, 2015-2027 (US$ Bn)
TABLE 19Middle East Ground Power Unit Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 20Africa Ground Power Unit Market, by Type, 2015-2027 (US$ Bn)
TABLE 21Africa Ground Power Unit Market, by Application, 2015-2027 (US$ Bn)
TABLE 22Africa Ground Power Unit Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 23John Bean Technologies Ltd: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments)
TABLE 24TLD GSE: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments)
TABLE 25 ITW GSE: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments)
TABLE 26Powervamp Ltd.: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments)
TABLE 27Acsoon: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments)
TABLE 28 Textron GSE: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments
TABLE 29Tronair: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments
TABLE 30Guinault: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments
TABLE 31Velocity Airport Solutions: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments
TABLE 32MAK Controls and Systems Private Limited: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments
TABLE 33Company 11: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments
TABLE 34Company 12: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments
Company 13: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments