Passenger Boarding Bridges Market

Passenger Boarding Bridges Market was valued at USD 375 million in 2021 and is forecast to touch USD 896 million in 2029, and the market is expected to grow at a whopping CAGR of 11.5%.

To have an edge over the competition by knowing the market dynamics and current trends of “Passenger Boarding Bridge Market”, request for Sample Report here

Market Dynamic

Key Drivers and Emerging Trends

The factors driving the global passenger boarding bridge market include increasing air travel with the surge in tourism, the rising number of greenfield and brownfield airports, and the surge in government investment for new airports. Passenger boarding bridges are widely used to board the passengers from airport to flight safely and efficiently. For instance, according to the Air transport Action Group Organization Report in 2019, an estimated more than 4.5 Billion air passengers travelled through several airlines globally, which created a massive demand for passenger boarding bridges around the globe for carrying out the passenger to the airplane to the airport and vice versa. Thus, to address this growing passenger traffic at airports, several airlines have planned to build and buy passenger boarding bridges to accommodate more passengers on board in single trips.

Several leading players and government authorities are investing in new airports to enhance air travel efficiently by conducting greenfield projects for expansion of the aerospace may create ample opportunity for the growth of the passenger boarding bridge market growth. For instance, in 2020, The Airports Authority of India has inaugurated a greenfield airport project at Hollongi, Arunachal Pradesh, India, which will be developed by India’s Union Ministry of Development of North Eastern Region. The Greenfield airport project will be projected to be completed by 2022.

Further, increasing international trade import and export activities from Asia-Pacific region to the developed countries have propelled the demand for the passenger boarding bridges at seaport across the globe with surge in government initiatives for development. For instance, in 2020, Miami-Dade County, Florida is selling its an Adelte Seaport Hydra MS2 maritime passenger boarding bridge through the government surplus auction site on GovDeals.com. Miami-Dade County, FL is a seller of GovDeals of passenger boarding bridges and wide range of transportation, heavy equipment and other surplus property items.

Restraint in the Passenger Boarding Bridge Market

However, aerobridge’s long life requires high capital investment. It is difficult to procure for low-cost airlines due to high operational costs that may hamper the global passenger boarding bridge market. However, during the Covid-19 pandemic, all the new construction activities are on hold due to travel restrictions imposed by several countries. Investors have been postponed the activities related to the expansion due to lack of air passenger demand across the globe.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Bridge Type- Segment Analysis

Based on the bridge type, the apron segment is expected to grow at the fastest rate in the global passenger boarding bridge market during the study period. This is primarily attributed to its several advantages, such as it permits various docking heights for different aircraft types. It has 360 degrees directional bogies and great lateral movement and also suitable for double-decker aircraft like A380.

Elevation System – Segment Analysis

Based on the elevation system, electro-mechanical holds the highest market share in 2021 in the global passenger boarding bridge market owing to the surge in the air passenger traffic globally due to globalization and the rising world’s tourism sector. Also, this electro-mechanical elevation system has high reliability, durability, and lifespan in the passenger boarding bridge market. It has cable movements guided safely with e-chain systems for horizontal movements in the telescope tunnels and vertical in the lifting units. Thus, it can be easily operable, which in turn has the highest market share.

Application – Segment Analysis

Based on the application, the airport segment is projected to have the largest market share over the forecast period in the global passenger boarding bridge market in 2021, owing to rising demand for air traffic and demand for safe travelling of passengers.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

Based on the region, the North American region is expected to dominate the global passenger boarding bridge market in 2019 due to leading players, growing air passengers traveling in this region for tourism and educational purposes with a surge in government initiatives for building new infrastructure related to airports. For instance, according to the Bureau of Transportation Statistics (BTS) estimation, the United State’s airlines have carried 925.5 million passengers in the fiscal year 2019. Thus, the highest number of air travellers in this region has created a massive demand for the passenger boarding bridge market over the forecast period in this region.

Top Market Players

Various notable players operating in the market, includes Adelte Group, John Bean Technologies Corp., ThyssenKrupp AG, CIMC Ltd, Shinmaywa Industries LTD, FMT Aircraft AB, Vataple Group LTD, Mitsubishi Heavy Industries ltd, Hubner gmbh & co kg, PT Bukaka Teknik Utama TBK, and among others. 

Key Developments:

• • In 2021, ADELTE, a world-leading specialist engineering group in the design and manufacture of Airport and Seaport Passenger Boarding Bridges (PBBs), has received a contract from the Spanish airport’s operator AENA for implementing its ARCOS, an innovative and state-of-the-art Remote control operating system PBBs. These PBBs can be remotely operated from the airport’s technical control room and can operating automatically for commercial aircraft.
  • In 2018, Prosertek launched and provided two new mobile cruise ship passenger boarding bridges for Tenerife Port. These two footbridges have facilitated the transit between the port and the ship in order to speed up port management and attract the cruise traffic to Tenerife port in Spain.

Segments covered in the Report:

The global passenger boarding bridge market has been segmented on the basis of bridge type, elevation system, foundation, application, and key regions. Based on bridge type, the market is segmented into commuter, apron, T-Bridge, nose, over-the-wing bridge and others. In terms of elevation system, the global passenger boarding bridge market is divided into hydraulic and electro-mechanical. Based on foundation, the market is divided into moveable and fixed. Based on application, the global passenger boarding bridge market is segmented airport and seaport. 

For detailed scope of the “Passenger Boarding Bridge Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global passenger boarding bridge market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Passenger Boarding Bridge market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Passenger Boarding Bridge market?
  • Which bridge type generated maximum revenues in 2021 and identifies the most promising Type during the forecast period?
  • What are the various application areas of global passenger boarding bridge market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2021)	USD 375 Million
Market Base Year	2021
Market Forecast Period	2022-2029
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Bridge Type, By Elevation System, By Foundation, By Application, and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Adelte Group, John Bean Technologies Corp., ThyssenKrupp AG, CIMC Ltd, Shinmaywa Industries LTD, FMT Aircraft AB, Vataple Group LTD, Mitsubishi Heavy Industries ltd, Hubner gmbh & co kg, PT Bukaka Teknik Utama TBK, and among others; a total of 11 companies covered
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Passenger Boarding Bridge Market by Bridge Type

• • Commuter
  • Apron
  • T-Bridge
  • Nose
  • Over-The-Wing Bridge
  • Others

Global Passenger Boarding Bridge Market by Elevation System

• • Hydraulic
  • Electro-Mechanical

Global Passenger Boarding Bridge Market by Foundation

• • Moveable
  • Fixed

Global Passenger Boarding Bridge Market by Application

• • Airport
  • Seaport

Global Passenger Boarding Bridge Market by Region

• • North America Passenger Boarding Bridge Market (Option 1: As a part of the free 25% customization)
    • By Bridge Type
    • By Elevation System
    • By Foundation
    • By Application
    • US Market All-Up
    • Canada Market All-Up
  • Europe Passenger Boarding Bridge Market (Option 2: As a part of the free 25% customization)
    • By Bridge Type
    • By Elevation System
    • By Foundation
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Passenger Boarding Bridge Market (Option 3: As a part of the free 25% customization)
    • By Bridge Type
    • By Elevation System
    • By Foundation
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Passenger Boarding Bridge Market (Option 4: As a part of the free 25% customization)
    • By Bridge Type
    • By Elevation System
    • By Foundation
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Passenger Boarding Bridge (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • ADELTE Group
  • John Bean Technologies Corp.
  • ThyssenKrupp AG
  • CIMC Ltd.
  • Shinmaywa Industries LTD
  • FMT Aircraft AB
  • Vataple Group LTD
  • Mitsubishi Heavy Industries LTD
  • Hubner GMBH & CO KG
  • PT Bukaka Teknik Utama TBK