The global passenger boarding bridge market is expected to grow at a steady rate of 8% CAGR through 2033. In 2023, the total market value for passenger jet bridges worldwide is estimated at USD 2.05 billion, with projections to reach USD 4.43 billion by 2033, according to FMI’s analysis.
The increasing popularity of air travel is a key driver for the growing demand for passenger boarding bridges. Airlines are expanding their luxury travel offerings, leading to a rise in demand for glass passenger boarding bridges. Additionally, the need for larger aircraft and the increase in airport development projects are expected to further fuel market growth.
Despite these positive trends, higher airport infrastructure spending and growing security concerns could slow the adoption of automated boarding bridges. The market is also expected to be influenced by the long lifespan of boarding bridges due to the use of durable materials.
However, the push for automation at airports is driving demand for boarding bridges with hydraulic elevation systems, which are favored over traditional models. Airport authorities are also leaning toward eco-friendly solutions, such as biodegradable boarding bridges, to reduce pollution. Leading manufacturers are focusing on these innovations to expand their customer base.
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.
- Other manufactures in the passenger boarding bridge market are John Bean Technologies (JBT) Corporation, China International Marine Containers Co. Ltd., UBS Airport Systems Co., PT Bukaka Teknik Utama Tbk, Airport Equipment (Division of J&D McLennan), Vataple Machinery Co. Ltd., HÜBNER GmbH & Co. KG, Ameribridge, Inc.
Key Companies Profiled
- 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.
Segments Covered by Passenger Boarding Bridge Industry Study Report
by Model Type:
- Telescopic Bridges
- Apron Drive Bridge
- Dual Boarding Bridge System
- Commuter Bridge
- Over-the-wing Bridge
- Nose-loader Bridge
- T-Bridges
By Structure:
- Steel-walled Boarding Bridge
- Glass-walled Boarding Bridge
- Glass-steel-walled Boarding Bridge
By Foundation:
- Fixed Boarding Bridge
- Movable Boarding Bridge
By Tunnel Type:
- Air-conditioned Tunnel
- Non Air-conditioned Tunnel
By Docking Type:
- Manual Docking System
- Intelligent Docking System
By Drive or Elevation System:
- Hydraulic System
- Electro-Mechanical System
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa(MEA)
Report Preview: https://www.futuremarketinsights.com/reports/passenger-boarding-bridge-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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