Press release
Airport Passenger Boarding Bridges Market Size Status and Global Outlook 2020- ADELTE Group SL, CIMC, FMT SE, HUBNER GmbH & Co. KG, John Bean Technologies Corp., MHI-TES
Airport passenger boarding bridge is also known as air bridge, jet bridge, jet way, and sky bridge. Airport passenger boarding bridges are categorized based on type, technology, product, and structure.The airport passenger boarding bridges market is anticipated to register a CAGR of 7.90% during the forecast period, 2019 - 2024.
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The significant growth in air passenger traffic in the past decade has forced several countries to build new airports to increase their passenger handling capacities. The investments in airport infrastructure are helping the growth of the airport passenger boarding bridges market.
Safety on the ground is important for every airport and airline, but challenges lie in the confined gate and apron area. Accidents caused by passenger boarding bridges are urging the airlines to invest in other means to transport passengers to the aircraft.
Asias rapid growth in the commercial aviation sector has positioned the region as the largest and fastest growing in the world. The investments in airport infrastructure are increasing in the region, providing huge opportunities for the growth of the market in the years to come.
Airport Passenger Boarding Bridges Market Segmentation:
Top leading Manufactures Profiled in Airport Passenger Boarding Bridges Market Report are:
ADELTE Group SL, CIMC, FMT SE, HUBNER GmbH & Co. KG, John Bean Technologies Corp., MHI-TES, Shinmaywa Industries Ltd, thyssenkrupp AG, UBS, Vataple Group Ltd, PT Bukaka Teknik Utama TBK, Ameribridge Inc
The report highlights major developments and changing trends adopted by key companies over a period of time. For a stronger and more stable business outlook, the report on the global market carries key projections that can be practically studied.
Airport Passenger Boarding Bridges Market analysis report has recently added by Research which helps to make informed business decisions. This research report further identifies the market segmentation along with their sub-types. The Airport Passenger Boarding Bridges Market is expected to reach at a huge CAGR during the forecast period. Various factors are responsible for the market’s growth, which are studied in detail in this research report.
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Airport Passenger Boarding Bridges Market Scenario:
Glass-walled Bridges Segment Expected to Dominate the Airport Passenger Boarding Bridges Market
To enhance passengers' experience, and as a result of the good insulating properties of glass, many modernization programs in airports are underway, and as a part of this, airports authorities are looking to replace old steel passenger boarding systems with glass-walled varieties. This is a key reason for the increasing procurement of glass-walled passenger boarding bridges. This segment currently has a high market share, and the growth of the segment is expected to be high during the forecast period.
Europe Region to Grow with a High Growth Rate During the Forecast Period
As of 2018, the North American region has the highest market share out of all the regions, due to a large number of airports in the country. But the European region is expected to register a high growth rate during the forecast period. Due to the increasing number of tourists in the region, the countries in the region are investing highly in airport infrastructure, thereby, driving the growth of revenues from the region.
Competitive Landscape
The countries in Europe and the Middle East represent almost 50% of the global future airport infrastructure improvement and development programs, both in value and in the count, and offer many growth opportunities for the players in the market. Passenger boarding bridge manufacturers are currently looking at these regions for new customers. Strategic acquisitions and partnerships, along with the establishment of manufacturing and production facilities locally, can be helpful for players to establish a foothold in the local and regional markets.
The key insights of the Airport Passenger Boarding Bridges Market report:
─The report provides key statistics on the market status of the Airport Passenger Boarding Bridges market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
─The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
─The Airport Passenger Boarding Bridges market report presents the company profile, product specifications, capacity, production value, and 2014-2020 market shares for key vendors.
─The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
─The report estimates 2020-2026 market development trends of Airport Passenger Boarding Bridges Market.
─Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
─The report makes some important proposals for a new project of Airport Passenger Boarding Bridges Industry before evaluating its feasibility.
In conclusion, Airport Passenger Boarding Bridges market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Airport Passenger Boarding Bridges Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
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sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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