Latin America Ground Support Equipment Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$395.6

Forecast, 2030 (US$M)

$701.4

CAGR, 2024 - 2030

8.5%

Report Coverage

Latin America

Latin America ground support equipment market, 2018-2030 (US$M)

Related Markets

Global Ground Support Equipment Industry Outlook

North America Ground Support Equipment Market Outlook

Europe Ground Support Equipment Market Outlook

Asia Pacific Ground Support Equipment Market Outlook

MEA Ground Support Equipment Market Outlook

Latin America ground support equipment market highlights

The Latin America ground support equipment market generated a revenue of USD 395.6 million in 2023.
The market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
In terms of segment, non electric was the largest revenue generating type in 2023.
Non Electric is the most lucrative type segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 395.6 million
Market revenue in 2030	USD 701.4 million
Growth rate	8.5% (CAGR from 2023 to 2030)
Largest segment	Non electric
Fastest growing segment	Non Electric
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Non Electric
Key market players worldwide	Textron Inc, TCR Group, Tronair, Weihai Guangtai Airport Equipment, China International Marine Containers (Group) Co Ltd Class H, TLD, Cavotec, Toyota Material Handling Group, TREPEL, Global Ground Support, Mallaghan, Jalux

Other key industry trends

In terms of revenue, Latin America region accounted for 6.8% of the global ground support equipment market in 2023.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 2,773.9 million by 2030.

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Ground Support Equipment Market Scope

Ground support equipment market segmentation & scope

Type

Non Electric

Electric

Hybrid

Application

Aircraft Handling

Passenger Handling

Cargo Handling

Ownership

Airport Owned

Airline Owned

Service Provider

Leased

End Use

Commercial

Defense

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Canada

Mexico

U.S.

Denmark

France

Germany

Italy

Norway

Spain

Sweden

Australia

China

India

Japan

South Korea

Thailand

Argentina

Brazil

Kuwait

Saudi Arabia

South Africa

UAE

Ground Support Equipment Market Companies

Name	Profile	# Employees	HQ	Website

Latin America ground support equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ground support equipment market will help companies and investors design strategic landscapes.

Non electric was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America ground support equipment market based on non electric covering the revenue growth of each sub-segment from 2018 to 2030.

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Our clientele includes a mix of ground support equipment market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America ground support equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ground support equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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