Passenger Boarding Bridge Market size and company share data
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A passenger boarding bridge is connected to the airport terminal building at one side and the other flexible end is docked with the entrance of the aircraft. The gangway has a telescopic extension and is operated for alteration with the help of electric motors through power and cables located outside the gangway. Moreover, the travel system and elevation are engineered to provide optimum energy efficiency. The passenger boarding bridge structure is designed and prepared in such a way that it can receive ground support equipment, such as GPU (ground power unit) and PCA (pre conditioned air), which deliver electricity and preconditioned air to the aircraft and hence, reduce its energy consumption.
Passenger Boarding Bridge Market:Dynamics
Increase in passenger traffic on seaport and airport agencies over the past few years has been a major driving factor for the development of better and efficient infrastructure and boarding facilities, including passenger boarding bridges. Also, high turnaround time of aircraft is putting immense pressure on airport agencies to update their facilities with better and effective solutions to reduce time lag and operational costs as well as add comfort to enhance passenger satisfaction. Another factor driving the passenger boarding bridge market is government initiatives directed towards modernization of airport complexes and facilities.
The high cost of passenger boarding bridges is a major restraint to this market. Also, it has limited usability in small airports, which restricts market growth to a certain extent. However, government initiatives pertaining to establishment of new airports to connect cities with air routes and increasing investments for the modernization of airports can be prospective opportunities for this market.
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Passenger Boarding Bridge Market:Segmentation
Segmentation ofthe passenger boarding bridge market on the basis of product:
Apron drive bridge
Segmentation of the passenger boarding bridge market on the basis of application:
Segmentation of the passenger boarding bridge market on the basis of drive system:
Electro-mechanical passenger boarding bridge
Hydraulic passenger boarding bridge
Segmentation of the passenger boarding bridge market on the basis of structure:
Glass walled passenger boarding bridge
Steel walled passenger boarding bridge
Segmentation of passenger boarding bridge market on the basis of type:
Fixed passenger boarding bridge
Movable passenger boarding bridge
Passenger Boarding Bridge Market: Regional Outlook
North America, followed by Europe, holds a major share of the global passenger boarding bridge market. Asia Pacific is expected to show significant growth over the forecast period, due to growing investments in research and development to provide more comfort with technologically advanced passenger boarding bridges. North America and Europe also have a significant share in the passenger boarding bridge market, owing to their high air passenger traffic. The rest of the world is estimated to account for a relatively small share of the market.
Passenger Boarding Bridge Market: Market Participants
Examples of some of the market participants in the global passenger boarding bridge market, identified across the value chain are:
Adelte Group S.L
CIMC Group Ltd
FMT Aircraft Gate Support Systems AB
John Bean Technologies Corp
Vataple Group Ltd.
JBT Aero Tech
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
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Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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