Stratview Research announces the addition of a new market research report on Global Passenger Boarding Bridge Market by Application Type (Airport and Seaport), by Bridge Type (Apron, Commuter, Nose Loader, T-Bridge, and Others), by Drive System (Hydraulic and Electro-Mechanical), by Structure Type (Glass Walled and Metal Walled), by Tunnel Type (2 Tunnel and 3 Tunnel), by Product Nature Type (Fixed and Moveable), by Region (NA, Europe, APAC, ROW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021
This market report from Stratview Research studies the passenger boarding bridge market over the period 2010 to 2021. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global Passenger Boarding Bridge (PBB) Market: Highlights
Stratview Research foresees a robust growth of 7.2% CAGR in the global passenger boarding bridge market over the next five years (2016 – 2021), which offers an opportunity to the port infrastructure industry to align themselves with the market growth.
There are several factors bolstering the growth of passenger boarding bridge in the global port infrastructure industry. The author of the report cited increasing passenger traffic, renewal and upgradation of older equipment, extensions of existing terminals, and construction of new airports as some of the key growth drivers of the global passenger boarding bridge market.
Airport segment is expected to remain the growth engine of the global passenger boarding bridge market during the forecast period. The segment is expected to experience the fastest growth over the next five years, driven by on-going and upcoming airport infrastructure projects, modernization of existing airports, and green field airport projects. Seaport PBB is expected to experience moderate growth rate for the same period.
According to the report, Arpon PBB is expected to witness the highest growth rate during the same period as it allows a variety of docking heights (narrow body to wide body aircraft) and ample lateral movement and 360-degree directional bogies.
As per the research study, glass walled PBB is widely preferred across regions and is likely to experience the fastest growth rate over the next five years. Steel sided walls are mainly preferred in the US and Latin America, as they provide more space for advertising and are slightly less expensive.
In terms of region, Asia-Pacific region is expected to exhibit the fastest growth during the forecast period due to on-going and upcoming airport projects and upgradation of existing airports. The developing countries, mainly China and India are likely to drive the demand of airport passenger boarding bridge market in the Asia-Pacific region in next five years.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on 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 research report:
Avail free customization options which are listed in the link given below along with the detailed Table of Contents and Report Description
Free customization options for market research report on passenger boarding bridge market
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