The global passenger boarding bridge market is projected to grow at a Compound Annual Growth Rate (CAGR) of 8% through 2033. In 2023, the market is valued at USD 2.05 billion, with expectations to reach USD 4.43 billion by 2033, according to a report by FMI.
This growth is largely fueled by the increasing popularity of air travel and a shift among air service providers toward luxury travel options, which has led to a higher demand for glass passenger boarding bridges. The expansion of large aircraft fleets and the initiation of new airport construction projects are also contributing significantly to the market’s upward trajectory.
Despite these positive trends, the market faces challenges. Increased investment in airside infrastructure by airport operators and concerns over security could slow the adoption of automated boarding bridges. Furthermore, advancements in materials have extended the life cycle of boarding bridges, which may limit the frequency of new purchases.
Nonetheless, the growing trend toward airport automation is driving demand for boarding bridges equipped with hydraulic elevation systems, regarded as more efficient than traditional models. Additionally, there is a rising preference for eco-friendly solutions, including boarding bridges made from biodegradable materials, as airports aim to reduce their environmental impact. Leading manufacturers are focusing on these innovations to expand their customer base and strengthen their market position.
Key Takeaways from the Passenger Boarding Bridge Market Study Report:
- The United States is anticipated to remain the leading country across the global boarding bridge market through 2023 & beyond.
- Regionally, Europe, with a higher percentage of air traffic, is expected to be a lucrative market for the manufacturers followed by North America. Europe’s passenger boarding bridge market was assessed to have contributed more than 25% of global sales in 2022.
- The demand for Moveable and Mobile Telescopic Passenger Boarding Bridge Increasing at a faster rate than in 2022 and preceding years.
- Based on structure, the glass-walled passenger boarding bridges with hydraulic system is gaining higher traction.
Competitive Landscape for the Passenger Boarding Bridge Market Players:
The global market is competitive, with ThyssenKrupp, Mitsubishi Heavy Industries, ShinMaywa Industries, ADELTE Group, and FMT Sweden being the top market participants. They are trying to get a footing in the regional markets through strategic collaborations and acquisitions besides setting up local fabrication and assembly facilities.
Leading passenger boarding bridge manufacturers are investing in innovation and automation to stay ahead in the global market turning competitive. Besides this, extensive research and development activities and public investments are expected to create growth opportunities for new market players.
Key Players:
John Bean Technologies (JBT) Corporation; ShinMaywa Industries Ltd.; ThyssenKrupp AG; Adelte Group S.L.; China International Marine Containers Co. Ltd.; UBS Airport Systems Co.; PT Bukaka Teknik Utama Tbk; Mitsubishi Heavy Industries Ltd.; Airport Equipment (Division of J&D McLennan); Vataple Machinery Co. Ltd.; HÜBNER GmbH & Co. KG; FMT Sweden.; Ameribridge, Inc.
Key Segmentations:
Passenger Boarding Bridge Industry by Model Type:
- Telescopic Bridges
- Apron Drive Bridge
- Dual Boarding Bridge System
- Commuter Bridge
- Over-the-wing Bridge
- Nose-loader Bridge
- T-Bridges
Passenger Boarding Bridge Industry by Structure:
- Steel-walled Boarding Bridge
- Glass-walled Boarding Bridge
- Glass-steel-walled Boarding Bridge
Passenger Boarding Bridge Industry by Foundation:
- Fixed Boarding Bridge
- Movable Boarding Bridge
Passenger Boarding Bridge Industry by Tunnel Type:
- Air-conditioned Tunnel
- Non Air-conditioned Tunnel
Passenger Boarding Bridge Industry by Docking Type:
- Manual Docking System
- Intelligent Docking System
Passenger Boarding Bridge Industry by Drive or Elevation System:
- Hydraulic System
- Electro-Mechanical System
Passenger Boarding Bridge Industry by Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa(MEA)
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Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
About Future Market Insights (FMI)
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