Market Share of Airport Ground Support Vehicles Industry
The market for airport ground support vehicles is fragmented. Several suppliers provide vehicles, such as passenger buses and stairs, refuelers, deicers, tugs, and tractors. However, some prominent market players are JBT Corporation, Textron GSE (Textron Inc.), Vestergaard Company, Tronair Inc., and Mallaghan Group.
These companies are focused on developing new technologies, like electric aircraft tugs and GPUs. They are anticipated to support the companies and attract new customers (airlines and airport operators). For instance, in December 2022, a Class 8 heavy-duty electric vehicle, a Nikola Tre battery-electric vehicle (BEV), was delivered to the Los Angeles World Airport. The battery-electric vehicle (BEV) will move paving equipment, transport construction materials, and pull heavy equipment at the airport’s worksites.
Airport Ground Support Vehicles Market Leaders
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Vestergaard Company
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Textron GSE (Textron Inc.)
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Mallaghan Group
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Tronair Inc.
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JBT Corporation
*Disclaimer: Major Players sorted in no particular order
