Passenger Boarding Bridge Market

Market Insights

The passenger boarding bridge market is expected to grow from USD 355.09 million in 2022 to reach USD 685.05 million by 2028 at an impressive CAGR of 11.46% during the forecast period.

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What is a passenger boarding bridge?

A passenger boarding bridge (PBB) is an enclosed, elevated corridor that connects an airport terminal gate to an aeroplane. It is also known as an air bridge, jet bridge, jetway, and sky bridge, among other terms. PBB allows passengers to board and leave an aeroplane efficiently, quickly and safely, without having to step outside or be exposed to the elements.

COVID – 19 IMPACT

The COVID-19 pandemic shook the aerospace industry to its core, limiting air travel and delaying aircraft deliveries. As a result, the market witnessed a significant decline in the demand for passenger boarding bridges (PBBs) in 2020.

Key Players

The following are some of the key players in the passenger boarding bridges market:

• Adelte Group
• Ameribridge, Inc.
• FMT Sweden AB
• Hubner Gmbh & Co. Kg
• John Bean Technologies Corp.
• Mitsubishi Heavy Industries, Ltd
• Shinmaywa Industries Ltd
• Thyssenkrupp Ag
• UBS Airport Systems
• Vataple Group Ltd
• Accessair Systems Inc.
• Aeromobiles Pte Ltd
• Aviramp Ltd
• Deerns Groep BV
• Oversys LLC

Market Dynamics

Major factors such as a rapid increase in air passenger traffic, decreasing airfares, increasing disposable incomes, higher living standards, and a surge in demand for larger aircraft are expected to fuel the growth of the market during the forecast period.

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Segments Analysis

By Product

The market is bifurcated into apron drive, commuter bridges, t- bridge, nose-loader bridges, and over-the-wing bridges. Apron drive held the major share of the market in 2022, due to the increasing demand for apron drives from various types of aircraft. Furthermore, apron drives are anticipated to have the fastest growth in the market over the next five years. Additionally, the market is expected to grow as a result of the recovery in air passenger traffic, airport infrastructure development, and swift technological advancements.

By Tunnel

The market is segmented as air-conditioned and non-air-conditioned. Between these tunnel types, air-conditioned tunnels are expected to have a larger share of the market during the assessment period. The increase in commuting, the expansion of aviation projects, and the sharp rise in passenger traffic are propelling the market's growth over the next five years.

Regional Insights

North America is expected to remain the largest market for passenger boarding bridges during the forecast period. Significant factors such as the presence of leading players and technological advancements are expected to fuel the growth of the regional market in the coming years. Europe and Asia-Pacific are also likely to generate substantial growth opportunities over the next five years.

Segmentation

The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market. 

The passenger boarding bridges market is segmented into the following categories:

By Product Type

• Apron Drive
• Commuter Bridges
• T- Bridge
• Nose-Loader Bridges
• Over-The-Wing Bridge

By Tunnel Type

• Air-Conditioned
• Non-Air-Conditioned

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, Italy, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Argentina, and Others)

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Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s passenger boarding bridges market realities and future market possibilities for the assessment period of 2023 to 2028. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. 

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report

Customization Option

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players).
• SWOT analysis of key players (up to three players).

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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