The global Passenger Boarding Bridge market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 12.3% during the review period (2022 to 2027)
The rapid expansion in air passenger traffic over the last ten years has prompted airlines to develop new routes, necessitating the building of new airports. Mega airport projects, such as Dubai's Al Maktoum Airport, are now under construction and are expected to be completed over the predicted period. These airports are built to serve significant passenger traffic by allowing numerous aircraft to take off and land at the same time. Several passenger boarding bridges will be erected to facilitate passenger transit between the aircraft and the airport terminal, boosting market players' business possibilities over the forecast period. As a result, increased investments in airport infrastructure are expected to propel the market for airport passenger boarding bridges forward.
Rapid development and technological breakthroughs have predicted an increase in demand for jet bridges. Increased awareness of less polluting options, as well as government laws, has increased demand for passenger boarding, assuring the market's constant growth. Increasing infrastructural and government spending on elevating the living standards of people are expected to drive demand for jet bridges over the coming years.
27th October – ADELTE TO DELIVER SEAPORT PASSENGER BOARDING BRIDGES AT CRUISE TERMINALS IN INCHEON, KEELUNG AND TAIPEI AND ESTABLISHES MARKET LEADERSHIP IN ASIA--
ADELTE is enforcing its presence in ASIA. After completing three successful projects in Singapore, Hong Kong and South Korea, ADELTE got awarded with two new contracts to supply Passenger Boarding Bridges (SPBBs) in Incheon and in Taiwan. It is the first project in Taiwan but already the second for South Korea, where ADELTE installed in 2014 four SPBBs KRONUS at Busan new ferry Terminal.
Passenger Boarding Bridge Market is segmented based on the type, applications, companies and regions.
By Type, Passenger Boarding Bridge Market has been segmented into
By Application, Passenger Boarding Bridge Market has been segmented into
The North American region has the highest market share due to a large number of airports in the United States. However, Asia's rapid expansion in the commercial aviation sector has made it the world's largest and fastest-growing. Asia-Pacific growth is likely to be resilient, and the region is expected to increase at the fastest rate during the forecast period. Several domestic and foreign airline operators are intending to launch services between popular Asia-Pacific destination pairs, highlighting the need to upgrade current airport infrastructure. Furthermore, Chinese makers of passenger boarding bridges have made major investments in R&D to develop products that meet airport aesthetic criteria while adhering to aviation safety regulations. During the forecast period, such developments are expected to provide a favourable market environment and assist the expansion of the Asia-Pacific passenger boarding bridges market.
Passenger Boarding Bridge Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Passenger Boarding Bridge Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Forecast Period 2022 to 2027 CAGR
CAGR of 12.3% during the review period (2022 to 2027).
BT Aerotech, ThyssenKrupp Access Solutions, Hyundai Rotem, MHI, FMT, ADELTE, CEL, ShinMaywa, John Bean Technologies Corp. (JBT) (US), CIMC Ltd. (China), and others.
2017 to 2021
2022 to 2027
Number of Pages
Yes, the report can be customized as per your needs
What is the study period of this market?
The Passenger Boarding Bridge Market is studied from 2017 - 2027.
What is the growth rate of Passenger Boarding Bridge Market?
The Passenger Boarding Bridge Market is growing at a CAGR of 12.3% over the next 5 years.
What regions does this Passenger Boarding Bridge Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Passenger Boarding Bridge Market?
Glass Walled, Steel Walled, Apron Drive, Commuter Bridges, Nose-loader bridges, T-bridges, Over-the-wing Bridges, Hydraulic, Electro-mechanical, Air-conditioned, Un-air-conditioned, Others
What are the major end-use applications of Passenger Boarding Bridge Market?
Small Aircraft, Medium Aircraft, Large Aircraft, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.