Future Market Insights (FMI) has released a new analysis on the growth of the aircraft ground support equipment market in Japan, highlighting a robust trajectory with a compound annual growth rate (CAGR) of 6.7% between 2024 and 2034. The report projects the market’s value to rise from USD 235.7 million in 2024 to an impressive USD 448.9 million by 2034, driven by the increasing demand for airline fleet expansion, optimized ground handling solutions, and the burgeoning air cargo sector.
The steady recovery of Japan’s aviation industry post-pandemic and its focus on operational efficiency are key factors fueling this growth. Japan’s leading airlines are scaling up their operations and investing heavily in modernizing their ground handling systems to keep pace with rising passenger and cargo volumes. The integration of advanced GSE technologies will play a pivotal role in streamlining maintenance processes, cargo management, and aircraft servicing.
Key Growth Drivers
Expansion of Airline Fleets: The anticipated growth in Japan’s domestic and international air travel will require airlines to enhance their operational infrastructure. Leading Japanese carriers are set to expand their fleets to meet rising passenger demand. This fleet expansion will drive the demand for modern and efficient ground support equipment to facilitate aircraft operations, from towing and refueling to passenger boarding and aircraft cleaning.
As Japan prepares to host significant international events in the coming years and focuses on bolstering its tourism industry, airports are under pressure to ensure smooth ground operations. Investments in high-quality GSE will be critical for reducing turnaround times and enhancing passenger experiences.
Increased Demand for MRO-Related Equipment: Maintenance, repair, and overhaul (MRO) activities are a cornerstone of the aviation industry, and Japanese airlines are increasingly prioritizing cost-effective maintenance solutions to extend fleet longevity and enhance reliability. This trend is driving demand for MRO ground support equipment, including aircraft jacks, testing tools, and specialized maintenance vehicles.
Companies that offer reliable, efficient, and technologically advanced GSE tailored for MRO operations are expected to seize significant growth opportunities in the coming decade. Optimized maintenance processes will enable airlines to reduce operational costs while ensuring safety and compliance with aviation standards.
Rising Air Cargo and eCommerce Boom: The rapid expansion of the eCommerce sector and the increase in global trade activities are contributing to heightened demand for cargo ground support equipment. Japan’s air cargo industry is witnessing steady growth, fueled by rising online shopping trends, cross-border trade, and the need for faster deliveries.
Efficient cargo handling systems, including conveyor belts, forklifts, dollies, and container loaders, are critical to supporting the expanding logistics and cargo operations at airports across Japan. FMI’s analysis reveals that investments in modern cargo GSE will be a game-changer for airports looking to accommodate the increasing volume of goods efficiently.
Opportunities for Market Players
The growth in Japan’s GSE market presents significant opportunities for both local and international manufacturers. Key players are expected to focus on developing innovative, sustainable, and energy-efficient ground support equipment to meet the aviation industry’s evolving requirements. Technologies such as electric-powered GSE and smart monitoring systems are gaining traction as airports aim to achieve greener and more cost-effective operations.
Furthermore, partnerships between Japanese airlines and GSE providers will foster innovation, enabling the development of customized solutions that address specific operational challenges at airports.
Future Outlook
As Japan continues to strengthen its aviation infrastructure, the demand for ground support equipment will remain on an upward trajectory. Airports in key cities like Tokyo, Osaka, and Nagoya are set to witness increased activity, necessitating investments in state-of-the-art GSE to support growing aircraft traffic.
According to FMI’s report, the market will remain resilient, driven by airline modernization efforts, the rise of eCommerce, and the ongoing expansion of Japan’s logistics sector. Stakeholders in the GSE industry are encouraged to capitalize on these trends by offering solutions that prioritize operational efficiency, reliability, and sustainability.
Key Players Operating in the Industry:
- Toyota Industries Corporation
- JBT Corporation
- TLD Group
- Kawasaki Heavy Industries, Ltd.
- Mitsubishi Heavy Industries, Ltd.
- Ishida Co., Ltd.
- Cavotec SA
- Nissan Motor Co., Ltd.
- Japanese Aviation Equipment Manufacturers
- ShinMaywa Industries, Ltd.
- Komatsu Ltd.
- TAKAMISAWA CYBERNETICS CO., LTD.
Market Segmentation Analysis:
By Equipment:
- Passenger Service
- Boarding Steps & Stairs
- Airport Buses & Transport
- Beds/Chairs Lifts
- Airport Service
- Refuelers
- Tugs & Tractors
- Ground Power Unit
- Air Start Units
- Lavatory Service Vehicles
- De Icing Vehicles
- Rescue & Firefighting
- Air Conditioners
- Others
- Cargo Loading
- Container Loaders
- Belt Loaders
- Cargo Transporters
- Cargo Dollies
By Power:
- Electric
- Non Electric
- Hybrid
By Ownership:
- New Sales
- Rental/Lease
By Application:
- Commercial
- Defense
By City:
- Kanto
- Chubu
- Kinki
- Kyushu & Okinawa
- Tohoku
- Rest of Japan
Access Report Details for More In-Depth Information!
Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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