Press release
Aerobridge Market to reach USD 8.91 Bn. by 2029, emerging at a CAGR of 1.2 percent and forecast 2023-2029
Aerobridge Market
The Aerobridge Market has not been immune to external influences, as exemplified by the profound impact of the COVID-19 pandemic. The aviation industry, including the operations of aerobridges, experienced a standstill as global travel restrictions were imposed, and governments enforced stringent COVID-19 protocols. Additionally, construction activities associated with airport expansions and infrastructure development were halted, further hindering market growth.
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Aerobridge Market Research Methodology
The market size for 2022 serves as a baseline for forecasting from 2023 to 2029. This estimation is based on real data and inputs from key players globally. Trends from the past five years were considered for the 2029 market projections. The unique circumstances of 2022, particularly the regional lockdowns, were carefully analyzed for their impact
What are Aerobridge Market Dynamics:
The Aerobridge Market is a vital component of the aviation infrastructure, facilitating the seamless connection between airport terminals and airliners, ultimately enhancing the passenger experience. Its scope encompasses the design, construction, and deployment of these mobile or fixed links, known by various names like jetways, airbridges, gangways, or skybridges. The primary purpose of aerobridges is to provide efficient boarding and disembarkation for all passengers, with a particular focus on those with disabilities, the elderly, and young travelers. Beyond convenience, aerobridges offer shelter during adverse weather conditions, ensuring passenger comfort and safety.
Aerobridge Market Regional Insights:
The Glass-Walled segment dominates the European market due to the region's popularity as a tourist destination. Expanding airport infrastructure and increased government funding are driving market growth in Europe. The United States leads the North American market, with a value of USD 241 Mn. in 2022. China, India, and Japan contribute significantly to the Aerobridge market due to their large populations. China is expected to reach a market size of USD 312.4 Mn. by 2029. This region is growing due to its strategic location and liberalized market conditions, making it an international hub for long-haul flights. Expanding airport traffic and capacity expansions fuel the growth of the Aerobridge industry in the Middle East and Africa.
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What is Aerobridge Market Segmentation:
by Wall Structural Material
Glass-Walled
Steel-Walled
by Type
Apron Drive
Nose loader
T-bridge
Commuter Bridge
by Elevation System
Electromechanical Elevation System
Hydraulic Elevation System
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Who are Aerobridge Market Key Players:
1. Thyssenkrupp AG(Germany)
2. CIMC Group Ltd.(China)
3. Shinmaywa Industries Ltd.(Japan)
4. Adelte Group(Spain)
5. Vataple Group Ltd.(Australia)
6. Ameribridge, Inc.(US)
7. Airport Equipment Ltd.(New Zealand)
8. FMT Airport Gate Support Systems AB(Sweden)
9. Hubner GmbH & Co. Kg.(Germany)
10.John Bean Technologies Corporation(US)
11.PT Bukaka Teknik Utama Tbh(Indonesia)
12.Muhibbah Airline Support Industries Sdn Bhd (MASI)
13.CIMC-TianDa(China)
14.A.D. McCallum & Son Pty Ltd.(Australia)
15.MHI-TES(US)
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The table of content for the Aerobridge Market includes:
1. Global Aerobridge Market: Research Methodology
2.
Global Aerobridge Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
1. Global Aerobridge Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by Region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• MandA by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size, and Forecast by Different Segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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