Passenger Boarding Bridges Market: Research Strategies with Share Analysis, Top Key Players with Opportunities Forecast (2021-2027)

Over the last few years, aviation passenger traffic has been significantly expanding over the world. This rise has been impacted by factors such as lower airfares, rising per capita disposable incomes, especially in emerging nations, and improving living standards. Global aviation traffic is expected to quadruple by 2036, according to the International Air Transport Association (IATA). The need for new airplanes has increased in response to the expanding number of passengers. During the study period, this is also likely to fuel the expansion of the passenger boarding bridges market. Increased passenger numbers, rehabilitation and upgrade of ageing facilities, expansion of current terminals, and the construction of new airports are all driving worldwide passenger boarding demand. Airport authorities are under pressure to create upgraded infrastructure, particularly sophisticated passenger boarding bridges, due to rising passenger volume and the aircraft's short turnaround time. Along with the rapidly developing aviation business, heightened worries about airport security, the implementation of e-passports, and the requirement for additional aircraft ground support infrastructure have directed investment efforts while paving the path for enhanced infrastructure expansion.

Request To Download Sample of this Strategic Report - https://univdatos.com/get-a-free-sample-form-php/?product_id=18723

Due to rising passenger traffic, a large increase in demand for new aircraft, and severe aviation rules linked to safety, the global passenger boarding bridges market has seen rapid expansion in recent years. Furthermore, the rising development of greenfield and brownfield airports are some of the factors propelling the market forward. The high durability of passenger boarding bridges, on the other hand, is projected to limit market expansion. Aerobridge is another name for a passenger boarding bridge (PBB). It's a hanging, moveable tunnel that connects an airport to an aircraft. Passengers can board quickly and easily as a result of this. This aerobridge allows passengers to securely go from the airport terminal to the aircraft while also sheltering them from the elements. By restricting access to aprons and operational areas, it also increases security. The passenger boarding bridge's major goal is to make it as easy as possible for passengers to get from the airport terminal to the aircraft and return. Passenger boarding bridges used to be made out of a permanent platform with no height adjustments that was enclosed and connected to the terminal building. Modern approaches, such as movable units, are being employed to move the aerobridge from one terminal end to the other more quickly. These units may be adjusted in height and can be utilized by a variety of aircraft.?

According to UnivDatos Market Insights (UMI)’ research report “Passenger Boarding Bridges Market”, the market is expected to witness a CAGR growth of around 10% during the forecast period 2021-2027F. Global Passenger Boarding Bridges Market is experiencing significant growth due to the rising demand for large aircrafts along with enhanced investments in airport infrastructure.

Based on elevation system, the market is segmented into Hydraulic and Electro-mechanical System. The Hydraulic segment is expected to grow at a higher CAGR during the forecasted period.?The Electro-mechanical system is expected to record the highest growth rate during the forecast period from 2020 and 2026. This is due to the increasing demand for energy-efficient and clean passenger boarding bridges by the airport authorities globally. Whereas the Hydraulic segment holds the largest share due to its wider use of hydraulic passenger boarding bridges at the number of airports.

Request To Download Sample of this Strategic Report - https://univdatos.com/get-a-free-sample-form-php/?product_id=18723

Based on type, the market is segmented into Fixed and Moveable. The Fixed segment is expected to grow at a higher CAGR during the forecasted period. The majority of the regional airports adopt the fixed bridges whereas the airports with the requirement of adjustable heights refer the movable bridge.

Based on product type, the market is segmented into Apron Drive, Commuter, Nose-Loader, T-bridge and Over-the-wing Bridges. The Over-the-wing Bridges segment is expected to grow at a higher CAGR during the forecasted period. Because of the development of bigger aircrafts with numerous doors and widebodies, the Over-the-Wing bridge segment is likely to hold the largest share of the market. The commuter bridge portion has been affected by the capacity to accommodate various aircraft models. T-bridges are widely used in big aircraft docking, whereas apron drives have benefited from considerable improvements. Nose-loader bridges are typically utilized in airports that experience severe weather.

Based on structure, the market is segmented into Glass Walled and Steel Walled. The Glass Walled segment is expected to grow at a higher CAGR during the forecasted period. With the growing trend of offering passengers with a more luxurious experience, demand for glass-walled passenger boarding bridges is on the rise. The visual appeal of glass-walled jet bridges, as well as the fact that they make boarding an aircraft less glass restricting, is driving their global adoption.

North America to Grab Lion’s Share

Based on the estimation, during the projection period of 2021-2027, North America dominates the market whereas Asia Pacific market is predicted to be the fastest-growing region in the coming years. The rapid expansion of the commercial aviation sector in Asia Pacific has positioned the area as one of the world's fastest growing. The continued acquisition of new aircraft, as well as the development of many new airports, are driving expenditures in airport infrastructure, creating enormous prospects for market expansion during the projection period. The continuous rising demand for passenger boarding bridges from countries such as Japan, China, Taiwan, Indonesia, South Korea, Australia, and India is adding to the growth of the market. Asia Pacific records the highest number of total passengers carried on scheduled services by registered airlines as 780.7 million passengers.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Global Passenger Boarding Bridges Market are includes Thyssen Krupp AG, JBT Corporation, ShinMaywa Industries, Mitsubishi Heavy Industries Ltd., FMT Sweden AB, CIMC, Adelte Group, UBS Airport Systems, Hubner GMBH & CO KG, PT Bukaka Teknik Utama TBK etc.

·???????In May 2019, Thyssenkrupp Elevator, the passenger transportation arm of Germany-based Thyssenkrupp, has received a contract to manage and maintain 90 passenger boarding bridges at Hamad International Airport in Doha, Qatar

·???????In Apr. 2018, Japan's ShinMaywa Industries developed technology that uses artificial intelligence to automatically position passenger boarding bridges as close as 10cm to aircraft doors, significantly closer than existing bridges. The technology is expected to help airports deal with a shortage of ground staff as the new bridges do not require highly skilled operators

“Global Passenger Boarding Bridges Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go to market strategies and identifying the blue ocean for its offerings.

For more informative information, please visit us – https://univdatos.com/report/passenger-boarding-bridges-market/

Market Segmentation:

1.?????By Elevation System (Hydraulic and Electro-mechanical System)

2.?????By Type (Fixed and Moveable)

3.?????By Product Type (Apron Drive, Commute, Nose-Loader, T-bridge and Over-the-wing Bridges)

4.?????By Structure (Glass Walled and Steel Walled)

5.?????By Region (North America (United States, Canada, Rest of North America), Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World)

6.?????By Company (Thyssen Krupp AG, JBT Corporation, ShinMaywa Industries, Mitsubishi Heavy Industries Ltd., FMT Sweden AB, CIMC, Adelte Group, UBS Airport Systems, Hubner GMBH & CO KG, PT Bukaka Teknik Utama TBK)

Key questions answered in the study:

1.?????What are the current and future trends of the Global Passenger Boarding Bridges industry?

2.?????How the industry has been evolving in terms of end-user demand and product category?

3.?????How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.?????What are the key growth drivers and challenges for the Global Passenger Boarding Bridges industry?

5.?????What is the customer orientation, purchase behavior, and expectations from the Global Passenger Boarding Bridges suppliers across various countries?