Passenger Boarding Bridges Market Research Report - Global Forecast till 2027

Global Passenger Boarding Bridges Market Research Report: Information By Elevation System (Electro-Mechanical and Hydraulic), Type (C Apron Drive, Commuter Bridges, T- Bridge, Nose-Loader Bridges and Over-the-Wing Bridge), Tunnel Type (Air-Conditioned and Non-Air-Conditioned) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2027

ID: MRFR/A&D/8850-HCR | February 2021 | Region: Global | 170 pages

Please note that the assessment period of report has been updated from 2019–2026 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


Global Passenger Boarding Bridges Market is projected to be valued at USD 585.10 Million by 2026, registering an 11.8% CAGR between 2020 and 2026. passenger boarding bridges are the pathway for a passenger to enter the aircraft from the airport. The passenger boarding bridges are also called air bridge, jetway, jet bridge, and sky bridge. These bridges can be movable or fixed and can be hydraulic or electro-mechanical. The design of passenger boarding bridges varies according to the aircraft and application.


Market Synopsis


Global Passenger Boarding Bridges Market has registered high growth over the past few years owing to the increasing passenger traffic and a significant increase in demand for new aircraft and stringent aviation regulations related to safety. Moreover, due to the increasing development of greenfield and brownfield airports are some factors driving the growth of the market. However, the high durability of passenger boarding bridges is expected to hinder the market growth.


Market USP


Increase in the need for efficient passenger handling systems


Market Drivers



  • Increasing Passenger Traffic and Significant Increase in Demand for New Aircraft: Globally, air passenger traffic has been increasing rapidly over the last few years. Factors such as decreasing airfares, increasing per capita disposable incomes, especially in developing countries, and higher living standards have influenced this growth. According to the International Air Transport Association (IATA), global air travel is likely to double by 2036. To cater to the rising number of passengers, there has been a corresponding increase in the demand for new aircraft. This is also expected to drive the growth of the passenger boarding bridges market in the review period.

  • Stringent Aviation Regulations Related to Safety

  • Increasing Development of Greenfield and Brownfield Airports


Market Opportunities



  • Increased Investments on Airside Infrastructure by Airport Operator


Segmentation


By End Market



  • Commuter Bridges: The segment is expected to record the highest CAGR during the forecast period. This is due to the flexibility offered by the commuter bridges to connect to the aircraft easily.

  • Apron Drive: The segment accounted for the largest market share in 2019. This is due to the wide adoption of apron drive for various types of aircraft is driving the growth of the market.

  • T- Bridge: The segment accounted for the largest market share in 2019 and is expected to witness the high growth rate during the forecast period. The wide use of T-bridges for wide-body aircraft is driving the growth of this segment.


By Vertical



  • Electro-Mechanical: The segment is expected to record the highest growth rate during the forecast period from 2020 and 2026. This is due to the increasing demand for energy-efficient and clean passenger boarding bridges by the airport authorities globally.

  • Hydraulic: The segment accounted for the largest market share in 2019. This is wide use of hydraulic passenger boarding bridges at the number of airports.


By Region



  • North America: North America dominates the passenger boarding bridges market. This trend is projected to continue during the forecast period due to the presence of prominent players, such as Ameribridge, Inc., John Bean Technologies Corp, and Oversys LLC, and high investments by them in the development of passenger boarding bridges.

  • Europe: The increasing development of new airports in Europe is expected to drive the growth of the European passenger boarding bridges market during the study period.

  • Asia-Pacific: The passenger boarding bridges market in this region is projected to exhibit a high CAGR during the forecast period. The increasing passenger traffic in countries such as India and China are expected to drive market growth.

  • Middle East & Africa: The increase in the development of new airports by countries such as Saudi Arabia, UAE, and South Africa is driving the market growth in the Middle East & Africa.

  • Latin America: In Latin America, due to the increasing air passenger traffic along with the growing tourism industry and increasing need for new airports, it is expected to drive the passenger boarding bridges market growth.


Key Players



  • Adelte Group (Spain)

  • Accessair Systems Inc. (Canada)

  • Ameribridge, Inc. (US)

  • FMT Sweden AB (Sweden)

  • Hubner Gmbh & Co. Kg (Germany)

  • John Bean Technologies Corp. (US)

  • Mitsubishi Heavy Industries, Ltd (Japan)

  • Shinmaywa Industries Ltd (Japan)

  • Thyssenkrupp Ag (Germany)

  • UBS Airport Systems (Turkey)


Other Prominent Players



  • Aeromobiles Pte Ltd (Singapore)

  • Aviramp Ltd (UK)

  • Deerns Groep BV (Netherlands)

  • Oversys LLC (US)



Frequently Asked Questions (FAQ) :


The market can gain a growth rate of 11.8% during the review period.

MRFR analyzes that by 2026, the market value can be USD 585.10 Million.

The types of passenger boarding bridges considered in the report are T- Bridge, Over-the-Wing Bridge, C Apron Drive, Commuter Bridges, Nose-Loader Bridges, and more.

The growth rendering aspects of the global market are increased air traffic due to decreasing airfares, rising per capita disposable incomes across developing countries, along with improving living standards.

North America holds the highest share in the global market.