The global airport passenger boarding bridges market size is expected to be worth USD 344.29 Million in 2023. It is expected to grow at a CAGR of 12.3% during the forecast period and reach a value of USD 614.93 Million by 2028.
Rapid growth in air passenger traffic and the construction of mega airport projects across the globe are some of the driving factors for the growth of the airport passenger boarding bridges market. Factors such as increased investment in airport development and spending are some of the major driving factors of airport passenger boarding bridges market growth. Increasing new product launches and rising investment in the transportation sector are some of the driving factors that help the growth of the airport passenger boarding bridges market across the globe. An increasing number of Greenfield and brownfield airport projects is also a major driving factor that helps the growth of the airport passenger boarding bridges market across all regions.
Increasing spending on airside infrastructure by airport operators across the globe is also one of the major driving factors that propel the growth of the market of Airport Passenger Boarding Bridges revenue rate during the forecast period.
Stringent regulations from the government regulations are one of the major restraints affecting the growth of the market of airport passenger boarding bridges. The long life cycle of passenger boarding bridges is another major restraint that is affecting the growth of the airport passenger boarding bridges market. The high cost of training and lack of skilled personnel are some of the major restraints that hinder the growth of the airport passenger boarding bridges market during the forecast period.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2022 to 2028 |
Base Year |
2022 |
Forecast Period |
2023 to 2028 |
CAGR |
12.3% |
Segments Covered |
By Elevation System, Product Type, Tunnel Type, Docking Type, Foundation, Structure, Point of Sale, and Region |
Various Analyses Covered |
Global, Regional, and country-level analysis; Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
This research report on the global airport passenger boarding bridges market has been segmented and sub-segmented into the following categories.
Airport Passenger Boarding Bridges Market – By Elevation System:
Among these segments, the hydraulic elevation system segment holds the major share of the market.
Airport Passenger Boarding Bridges Market – By Product Type:
Among these segments, the over-the-wing bridges segment holds the major share of the market due to the rise in larger aircraft with a wide body and multiple doors.
Airport Passenger Boarding Bridges Market – By Tunnel Type:
Among these segments, the air-conditioned tunnel type segment holds the major share of the market during the forecast period. The un-air-conditioned tunnel-type segment is expected to increase the market value during the forecast period.
Airport Passenger Boarding Bridges Market – By Docking Type:
Airport Passenger Boarding Bridges Market – By Foundation:
Airport Passenger Boarding Bridges Market – By Structure:
Among these segments, the glass-walled structure segment holds the major share of the market and is expected to hold dominance during the forecast period.
Airport Passenger Boarding Bridges Market – By Point of Sale:
Airport Passenger Boarding Bridges Market – By Region:
North American region holds the major share of the market of Airport Passenger Boarding Bridges owing to the mature airport market in the United States according to the Federal Aviation Administration and also increasing investments in R & D. North America region is expected to hold the dominance of the market of Airport Passenger Boarding Bridges during the forecast period. Asia Pacific region is expected to increase the market of Airport Passenger Boarding Bridges owing to the Increasing of new product launches, rising investment in the transportation sector, and rise in disposable income.
KEY MARKET PLAYERS:
Some of the key market players in the Airport Passenger Boarding Bridges market are CIMC Ltd. (China), FMT Aircraft AB (Sweden), ThyssenKrupp AG (Germany), John Bean Technologies Corp. (JBT) (US), and ADELTE Group (Spain).
FAQ's
The demand is influenced by factors such as the growth in air travel, airport infrastructure development, the need for enhanced passenger experience, and the preference for efficient boarding processes.
There are several types, including fixed, movable, and suspended bridges. The choice of the type depends on factors such as the airport layout, the type of aircraft served, and specific operational requirements.
The main components include the tunnel, apron drive units, docking systems, and hydraulic and control systems. These components work together to facilitate the smooth and safe boarding and disembarking of passengers.
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