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Passenger Boarding Bridge Market is Anticipated to Grow at a CAGR of 6% During 2019 to 2029 – Future Market Insights | Key Player – ThyssenKrupp AG, Adelte Group S.L, Adelte Group, CIMC Group Ltd, FMT Aircraft Gate Support Systems AB, John Bean Technologies Corp, Vataple Group Ltd.

 A passenger boarding bridge is generally used at airports and ports as a movable connector, which usually extends from the airport terminal gate to the aeroplane and from the port to the ship without going outside. It is flexible and can be change according to operational requirement, such as airport terminal building design and its height, among others. Passenger boarding bridges provide easy and comfortable access to the aircraft and help enhance the security of terminal operations in all weather conditions. Modern commercial aircraft entrances are usually 4 meters or more above the ground and the passengers include families with children, elderly and unwell passengers and it is hard for them to board the aircraft even with stairs, so the passenger boarding bridge is a better alternative at this place. These bridges consist of two to three bodies, which include a glass or steel tunnel, a hydraulic or electromechanical elevation system and a flexible telescope extension, which can be increased or decreased according to requirement. They can be used for all commercial aircraft, from small to big aircraft, such as an A380.

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.

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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.

Passenger Boarding Bridge Market:Segmentation

Segmentation ofthe passenger boarding bridge market on the basis of product:

  • Apron drive bridge
  • Commuter bridge
  • T-bridge
  • Nose-loader bridge
  • Others

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Segmentation of the passenger boarding bridge market on the basis of application:

  • Airport
  • Seaport

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.

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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:

  • ThyssenKrupp AG
  • Adelte Group S.L
  • Adelte Group
  • CIMC Group Ltd
  • FMT Aircraft Gate Support Systems AB
  • John Bean Technologies Corp
  • Vataple Group Ltd.
  • Ameribridge, Inc.
  • JBT Aero Tech
  • MHI-TES

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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