Market Insights
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.
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.
However, the passenger boarding bridges market is estimated to grow at a staggering CAGR of 10.5% during the forecast period. Major factors such as rapid increase in air passenger traffic, decreasing airfares, increasing disposable incomes, higher living standards, and surge in demand for larger aircraft are expected to fuel the growth of the passenger boarding bridges market during the forecast period.
Segments' Analysis
Based on the product type, the market is bifurcated into apron drive, commuter bridges, t- bridge, nose-loader bridges, and over-the-wing bridge. Apron drive held the major share of the passenger boarding bridges market in 2021, 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.
Based on the tunnel type, 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 forecast period. The increase in commuting, the expansion of aviation projects, and the sharp rise in passenger traffic are propelling the passenger boarding bridge market's growth over the forecast period.
In terms of regions, 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 forecast period.
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
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 forecast period of 2022 to 2027. 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. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The passenger boarding bridges market is segmented into the following categories:
Passenger Boarding Bridges Market, by Product Type
- Apron Drive (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Commuter Bridges (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- T- Bridge (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Nose-Loader Bridges (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Over-The-Wing Bridge (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Passenger Boarding Bridges Market, by Tunnel Type
- Air-Conditioned (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Non-Air-Conditioned (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Passenger Boarding Bridges Market, 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)
Report Customization Options
With this detailed report, 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
Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com
