Ground Power Units (GPU) Market (Updated Version Available)

Ground Power Unit (GPU) is a fixed power supply or a vehicle capable of power to aircraft parked on the ground. A GPU can refer to a dedicated electric power supply, battery power supply or a combination of both. Power sources could be a dedicated generator or a central station located at the airport.
Geographically, the consumption market is leading by North America and Europe, sales in Asia Pacific regions like China and Japan will see significant growth in future period. North America holds the largest market share, with about 8699 Units sold in 2021, followed by Europe, with about 6881 Units sold and 32.24% market share. TLD GSE is the leading manufacturer of GPU with about 19.85% of GPU sales In 2021. Other market leaders include ITW GSE, Powervamp, JBT Corporation, Acsoon, Textron GSE, Tronair, GUANGTAI, Guinault, Velocity Airport Solutions, Red Box International, Power Systems International Limited (PSI), GB Barberi and so on. A number of other companies offer GPU, but these smaller companies often focus on assembly rather than component innovation, and they outsource the manufacturing of parts. The smaller GPU companies have limited market share and move frequently into and out of the GPU market.Based on application, the Ground Power Units (GPU) market is segmented into Civil Airport, Business Airport, Military Airport and others. The civil airport segment is projected to lead the market during the forecast period.
The Ground Power Units (GPU) market was valued at 511.8 Million US$ in 2020 and is projected to reach 723.3 Million US$ by 2026, at a CAGR of 5.1% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Ground Power Units (GPU).

This report covers the present status and the future prospects of the global Ground Power Units (GPU) market for 2015-2026.
The report offers detailed coverage of Ground Power Units (GPU) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Ground Power Units (GPU) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
TLD GSE, ITW GSE, Powervamp, JBT Corporation, Acsoon, Textron GSE, Tronair, GUANGTAI, Guinault, Velocity Airport Solutions, Red Box International, Power Systems International Limited (PSI), GB Barberi, Jetall GPU, Aeromax GSE, Current Power LLC, MRCCS, Bertoli Power Units

Market Segment as follows:
Market by Order Type

Mobile GPU
Fixed GPU

In 2018, Mobile GPU accounted for a major share of 73.35% in the global Ground Power Units (GPU) market. And this product segment is poised to reach 542.0 Million US$ by 2025 from 375.4 Million US$ in 2018.

Ground Power Units (GPU) Breakdown Data by Application
Civil Airport
Business Airport
Military Airport
Others

In Ground Power Units (GPU) market, the Civil Airport holds an important share in terms of application, and it is expected to reach a volume of 19019 (Units) by 2025, at a CAGR of 6.35% during 2019 and 2025.

Ground Power Units (GPU) market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Ground Power Units (GPU) market for the forecast period 2021 - 2026?
• What are the driving forces in the Ground Power Units (GPU) market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Ground Power Units (GPU) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.