Passenger Boarding Bridges Market is projected to be valued at USD 585.10 Million by 2030, registering an 11.8% CAGR between 2020 and 2030
Passenger Boarding Bridges Market ScenarioPassenger Boarding Bridges Market Size is Anticipeted to Reach at USD 585.10 Million by 2030, and at a 11.8% CAGR by 2020-2030
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 SynopsisGlobal 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.
Increase in the need for efficient passenger handling systems
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|Market Size||585.10 Million by 2030|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Elevation System, Type, Tunnel Type|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||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)|
|Key Market Opportunities||Increased Investments on Airside Infrastructure by Airport Operator|
|Key Market Drivers||
Passenger Boarding Bridges Market can gain a growth rate of 11.8% during the review period.
MRFR analyzes that by 2030, 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.