Passenger Boarding Bridge Trends and Forecast
The future of the global passenger boarding bridge market looks promising with opportunities in the nose-loader bridge, t-bridge, over-the-wing bridge, apron drive, and commuter bridge markets. The global passenger boarding bridge market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are rising number of foreign passengers and growing amount of money spent on airport infrastructure.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Passenger Boarding Bridge by Segment
The study includes a forecast for the global passenger boarding bridge by product type, structure, elevation system, tunnel type, and region.
Passenger Boarding Bridge Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Nose-Loader Bridges
• T-Bridges
• Over-The-Wing Bridges
• Apron Drive
• Commuter Bridges
Passenger Boarding Bridge Market by Structure [Shipment Analysis by Value from 2018 to 2030]:
• Glass-Walled
• Steel-Walled
• Glass-Steel-Walled
Passenger Boarding Bridge Market by Elevation System [Shipment Analysis by Value from 2018 to 2030]:
• Hydraulic
• Electro-Mechanical
Passenger Boarding Bridge Market by Tunnel Type [Shipment Analysis by Value from 2018 to 2030]:
• Air-Conditioned
• Non Air-Conditioned
Passenger Boarding Bridge Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Passenger Boarding Bridge Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies passenger boarding bridge companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the passenger boarding bridge companies profiled in this report include-
• Deerns
• JBT Corporation
• FMT
• Mitsubishi Heavy Industries
• PT Bukaka Teknik Utama
• Vataple Group
• Avicorp
• UBS Airport Systems
• CIMC Group
• ShinMaywa Industries
Passenger Boarding Bridge Market Insights
Lucintel forecasts that air-conditioned will remain the larger segment over the forecast period.
Within this market, commuter bridge will remain the largest segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Passenger Boarding Bridge Market
Market Size Estimates: Passenger boarding bridge market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Passenger boarding bridge market size by various segments, such as by product type, structure, elevation system, tunnel type, and region in terms of value ($B).
Regional Analysis: Passenger boarding bridge market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, structures, elevation systems, tunnel types, and regions for the passenger boarding bridge market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the passenger boarding bridge market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the passenger boarding bridge market size?
Answer: The global passenger boarding bridge market is expected to reach an estimated $1.4 billion by 2030.
Q2. What is the growth forecast for passenger boarding bridge market?
Answer: The global passenger boarding bridge market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the passenger boarding bridge market?
Answer: The major drivers for this market are rising number of foreign passengers and growing amount of money spent on airport infrastructure.
Q4. What are the major segments for passenger boarding bridge market?
Answer: The future of the passenger boarding bridge market looks promising with opportunities in the nose-loader bridge, t-bridge, over-the-wing bridge, apron drive, and commuter bridge markets.
Q5. Who are the key passenger boarding bridge market companies?
Answer: Some of the key passenger boarding bridge companies are as follows:
• Deerns
• JBT Corporation
• FMT
• Mitsubishi Heavy Industries
• PT Bukaka Teknik Utama
• Vataple Group
• Avicorp
• UBS Airport Systems
• CIMC Group
• ShinMaywa Industries
Q6. Which passenger boarding bridge market segment will be the largest in future?
Answer: Lucintel forecasts that air-conditioned will remain the larger segment over the forecast period.
Q7. In passenger boarding bridge market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the passenger boarding bridge market by product type (nose-loader bridges, t-bridges, over-the-wing bridges, apron drive, and commuter bridges), structure (glass-walled, steel-walled, and glass-steel-walled), elevation system (hydraulic and electro-mechanical), tunnel type (air-conditioned and non air-conditioned), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Passenger Boarding Bridge Market, Passenger Boarding Bridge Market Size, Passenger Boarding Bridge Market Growth, Passenger Boarding Bridge Market Analysis, Passenger Boarding Bridge Market Report, Passenger Boarding Bridge Market Share, Passenger Boarding Bridge Market Trends, Passenger Boarding Bridge Market Forecast, Passenger Boarding Bridge Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.