Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale and Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Mobile Ground Power Units Market Size is Expected to Grow from USD 0.76 Billion in 2023 to USD 1.43 Billion by 2033, at a CAGR of 6.53% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Mobile Ground Power Units Market Size, Share, and COVID-19 Impact Analysis, By Type (AC Power and DC Power), By Power Rating (Up To 60 KVa, 60-90 KVa, and Above 90 KVa Categories), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The mobile ground power units (GPU) market refers to the industry’s mobile units that provide airplanes with electrical power while on the ground and are considered vital ground support equipment. Without depending on the aircraft's onboard power, these technologies guarantee seamless operations for duties like maintenance, pre-flight inspections, and other crucial operations. Key drivers of the mobile ground power units market, airports are seeing a rise in aircraft due to the growing number of people traveling by air globally, which calls for effective ground support operations. GPUs are essential for keeping airplanes powered on the ground to continue functioning and be prepared for future flights. Furthermore, stricter environmental laws are encouraging the use of ground support equipment that is more effective and emits fewer pollutants, which is supporting market expansion. The industry is also being driven by technological developments in energy management and power supply systems. The industry has transformed thanks to the introduction of hybrid and fully electric GPUs, which provide more effective and environmentally friendly choices. However, the high initial cost of sophisticated GPU technologies is one of the main obstacles. Although they have major long-term advantages in terms of sustainability and efficiency, electric and hybrid GPUs come with a high initial cost.
The AC power segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the type, the mobile ground power units market is divided into AC power and DC power. Among these, the AC power segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. The segment growth can be attributed to their compatibility with the majority of contemporary aircraft. AC power GPUs are commonly utilized in commercial aviation. By enabling airplanes to run their systems when parked on the tarmac, these units help to save fuel and lessen the requirement for onboard power use.
The up to 60 kVA segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the power rating, the mobile ground power units market is divided into up to 60 kVA, 60-90 kVA, and above 90 kVA categories. Among these, the up to 60 kVA segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. The segment growth is driven by smaller aircraft, and general aviation applications usually use units with power levels up to 60 kVA. These units are favored because of their tiny size and reduced operating expenses, which make them perfect for local airports and private jet owners.
North America is estimated to hold the largest share of the mobile ground power units market over the forecast period.
North America is estimated to hold the largest share of the mobile ground power units market over the forecast period. This is because of the existence of top GPU manufacturers and its established aviation sector. Throughout the projected period, the area is anticipated to continue to dominate due to large investments in airport infrastructure and technical improvements in ground support equipment.
Europe is predicted to grow at the fastest CAGR in the mobile ground power units market over the forecast period. The regional market growth can be attributed to the large investments in airport infrastructure and technological breakthroughs in ground support equipment. Nations like Germany, France, and the United Kingdom are big contributors to the market. The market is expanding as a result of the region's strict environmental restrictions, which are encouraging the use of electric and hybrid GPUs.
Company Profiling
Major key players in the mobile ground power units market include TLD GSE, Tronair Inc., ITW GSE, JBT Corporation, Powervamp Ltd, Guinault SA, Red Box International, Hobart Ground Systems, AERO Specialties, Hitzinger GmbH, Vestergaard Company, and Others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the mobile ground power units market based on the below-mentioned segments:
Global Mobile Ground Power Units Market, By Type
Global Mobile Ground Power Units Market, By Power Rating
Global Mobile Ground Power Units Market, By Regional Analysis
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