Global Passenger Boarding Bridges Market Overview
Passenger Boarding Bridges Market Size is Anticipeted to Reach at USD 585.10 Million by 2030, and at a 11.8% CAGR by 2024-2032
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. Increase in the need for efficient passenger handling systems is market USP
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 SafetyIncreasing Development of Greenfield and Brownfield Airports
Market Opportunities
- Increased Investments on Airside Infrastructure by Airport Operator
Recent News:
In 2019, Wellington Airport in New Zealand implemented a completely automated aerobridge docking system to speed up passenger boarding and disembarking from aircraft. The aerobridge has been installed at one of the airport's domestic gates, making it the world's first aerodrome to implement this technology. Wellington-based Airport Equipment created the Intellidock system, an automated aerobridge. When an airplane is parked at its designated gate, the bridge sensor scans the aircraft door and automatically moves and locks the Intellidock system into position.
In 2022, the first autonomous boarding bridge in Asia was officially placed into service at Chengdu Tianfu International Airport in southwest China, marking a milestone in the intelligent upgrading Chinese civil aviation industry. The boarding bridge was built by Shenzhen-based CIMC Tianda Holding Co Ltd (CIMC-Tianda), a subsidiary of China's premier container and energy equipment producer, China International Marine Containers (Group) Ltd. The sophisticated equipment includes an innovative cabin door identification and positioning system that can rapidly transfer data to the artificial intelligence-based autonomous control system.
Passenger Boarding Bridges Market 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.
Recent Development
ADELTE (Spain): They haven't released any major news recently, but in March 2023, they won a project to develop an autonomous driving system for passenger boarding bridges and an IoT platform. This indicates their focus on innovation in automation.
John Bean Technologies Corporation (JBT) (US): JBT was acquired by Oshkosh Corp. in May 2023 for $800 million. Oshkosh intends to leverage JBT's expertise in passenger boarding bridges to strengthen their airport equipment portfolio.
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)
Report Attribute/Metric
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Details
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Market Size2032
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USD USD 585.10 Million
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Compound Annual Growth Rate (CAGR)
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11.8% (2024-2032)
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Base Year
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2023
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Market Forecast Period
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2022-2032
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Historical Data
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2018- 2012
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Market Forecast Units
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Value (USD Million)
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Report Coverage
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Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
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Segments Covered
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Elevation System, Type, Tunnel Type, Region
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Geographies Covered
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North America, Europe, Asia Pacific, and the Rest of the World
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Countries Covered
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The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
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Key Companies Profiled
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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)
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Key Market Opportunities
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Increased Investments on Airside Infrastructure by Airport Operator
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Key Market Dynamics
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Increasing Passenger Traffic and Significant Increase in Demand for New Aircraft.
Stringent Aviation Regulations Related to Safety.
Increasing Development of Greenfield and Brownfield Airports
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Passenger Boarding Bridges Market Highlights:
Frequently Asked Questions (FAQ) :
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.
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