Passenger Boarding Bridges Market Size, Trends & Analysis - Forecasts to 2026 By Type of Elevation System (Electro-Mechanical and Hydraulic), By Type (Apron Drive, Commuter Bridges, T- Bridge, Nose-Loader Bridges, and Over-The-Wing Bridge), By Type of Tunnel (Air-Conditioned and Non-Air-Conditioned), By Type of Region (NA [North America], Europe, APAC [Asia Pacific], MEA [the Middle East & Africa], and CSA [Central & South America]), End-User Landscape, Vendor Landscape, Company Market Share Analysis & Competitor Analysis
The passenger boarding bridges market is seen to display emphatic accretion of 12% during the forecast period (2020-2026). Passenger boarding bridges can be named as sky bridge, jet bridge, jetway bridge, or air bridge. It is defined as a contained, raised passageway that stretches from an airport terminal entrance to an aircraft. The purpose of passenger boarding bridges is to help passengers pass through the glass tunnel once the boarding pass is handed over to the plane attendant. The bridges help passengers to get in the aircraft in an easier and guarded way. The impact of the market has been drastic since COVID-19 led to the dip of the transportation domain due to global lockdown and negative passenger commutation. Unfortunately, the losses caused could take nearly a couple of years to recover for the aviation and marine industry. Yet, steady recovery in the tourism industry, increase in brownfield airport projects, and rise in the expenditure for airside infrastructure are the propellors expediting the augmentation of the global market.
Hydraulic and electro-mechanical are the types of elevation systems in the market. The electro-mechanical elevation systems segment is interpreted to control in the forecast period. Demand for large aircraft, government initiatives towards aviation, and modernization of conventional airports are the drivers shaping the growth of the market.
Based on the type, commuter bridges, apron drive, nose-loader bridges, T- bridge, and over-the-wing bridge are the market bifurcations of the global market. Apron drives are examined to be the fastest-growing segment in this market. Upcoming airport projects, demand in passenger traffic, and rapid technological shift are the thrusters impacting the increment of the market.
The market segmentation based on the tunnel is air-conditioned and non-air-conditioned tunnels. Air-conditioned tunnels to own the largest share in the CAGR for the forecast period. The rise in commutation, rise in aviation projects, an increase in passenger traffic are the navigators of the global passenger boarding market.
Based on the geographical analysis North America has persisted to be a leading region yet, the Asia Pacific is examined to make elevated momentum in the global market. An increase in end-users, demand for larger aircraft, and demand for greenfield airports are the locomotives driving the enlargement of the market.
Adelte Group, Accessair Systems Inc., 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, Aeromobiles Pte Ltd, Aviramp Ltd, Deerns Groep BV, Oversys LLC, and other industries are the dominant players in the global passenger boarding bridges market.
Please note: This is not an exhaustive list of companies profiled in the report.
In March 2020, Anton Air Support introduced 3 passenger boarding bridges at the Landvetter Airport in Göteborg, Sweden.
In September 2019, CIMC acquired a contract for the provision of jet boarding bridges in the Netherlands.
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The Global Passenger Boarding Bridges Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Passenger Boarding Bridges Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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