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Passenger Boarding Bridges Market

Passenger Boarding Bridges Market by Docking Type (Manual, Intelligent), by Foundation(Fixed, Movable), by Elevation System (Hydraulic, Electro-mechanical), by Tunnel Type (Air-conditioned, UN-air-conditioned), by Product Type (Apron Drive, Commuter Bridges, Nose-loader bridges, T-bridges, Over-the-wing Bridges), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/A&D/1672 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Passenger Boarding Bridges Market Size was valued at USD 311.62 million in 2021 and US$ 350.57 million in 2022, expected to reach USD 710.72 million by 2028, and grow at a CAGR of 12.5% over the forecast period 2022-2028.

Passenger boarding bridges have been a typical fixture at international airports for decades. An air, jet, or sky bridge is another name for a passenger airport boarding bridge. Because passengers are not exposed to the airport's weather and noise, boarding corridors are designed to transport passengers/passengers comfortably and safely to planes. Because the passenger boarding bridges are an extension of the airport's terminal, they are intimately linked to the terminal's mood and design. It also improves safety by giving passengers with a protected and safe passage from the terminal's embarkation port to their seats on flights.

Passenger Boarding Bridges Market Revenue Graph

Increased passenger traffic, renovation and upgrading of ageing facilities, expansion of current terminals, and the construction of new airports drive worldwide passenger boarding demand. Growing passenger volume and the aircraft's quick turnaround time put airports under pressure to create better infrastructure, such as upgraded passenger boarding bridges. Increasing worries about airport security, e-passport implementation, and the need for more aircraft ground support infrastructure, together with a fast developing aviation business, have driven investment efforts while opening the path for improved infrastructure expansion. Nonetheless, accidents have occurred that have jeopardized passenger and aircraft safety due to insufficient training or operational flaws in the sensors deployed on passenger boarding bridges. It has caused damage to both aircraft and airport infrastructure, as well as passenger disruption. Passenger services and raised safety concerns.

MARKET DYNAMICS:

KEY DRIVERS:

  • High demand for large aircraft

  • Despite growing fuel costs and economic slowdowns, aviation passenger travel has increased by 5% on average.

RESTRAINTS:

  • Passenger boarding bridges have a long life cycle.

  • The time it takes to order, procure, and install a PBB is also a constraint.

OPPORTUNITIES:

  • Partnerships between the public and commercial sectors for air-side operations

  • The public-private partnership (PPP) concept has proven an innovative way of financing larger infrastructure projects with the participation of key stakeholders.

CHALLENGES:

  • High training costs and a scarcity of trained workers

  • Most airlines priorities lowering operating costs like as parking fees, ground support equipment fees, and training aero-bridge operators, which incurs an additional cost for them.

THE IMPACT OF COVID-19

Companies are facing production disruptions and declining demand for commercial airlines as workers return home, passengers stop flying and consumers delay the delivery of new aircraft. Demand for replacement parts is also being reduced as minor repairs are currently required.

Aircraft manufacturers by definition need big money, creating short-term cash flows and financial problems. MRO services are primarily needed for the size and operations of international aviation aircraft, but with a variety of short-term influences. Requirements for all long-term flight / flight hour service will disappear once the flight is suspended. Given current fuel levels, we need to believe that heavier aircraft will slow down planned flight transfers especially as older, more fuel-efficient aircraft will continue to save. Although many organizations now have business continuity plans, the dynamic and unpredictable causes of an outbreak of a disease like COVID-19 cannot be fully addressed. Although air travel has gradually improved over the past problems, there has been much debate on ways to reverse the current crisis.

by use of Electro-Mechanical During the forecast period of 2022 to 2028, the category is predicted to increase at the fastest rate. This is owing to airport authorities throughout the world increasing their demand for energy-efficient and clean passenger boarding bridges. Hydraulic passenger boarding bridges are widely used at a number of airports. Bridges for Commuters During the forecast period, the segment is expected to have the greatest CAGR. This is owing to the convenience provided by commuter bridges in connecting to aircraft. Apron Drive was the sector with the highest market share in 2022. This is owing to the widespread use of apron drive for various types of aircraft, which is driving market growth. The T-bridge The segment held the biggest market share in 2022 and is predicted to develop at a rapid pace during the forecast period. The widespread use of T-bridges for wide-body aircraft is propelling this segment's growth. Because of the development in larger aircrafts with wide-body and many doors, the over-the-wing bridge sector is predicted to grow at the fastest rate by product type. The number of larger aircrafts has steadily increased in recent years; larger aircrafts have two decks and hence require additional PBBs to accommodate increased passenger capacity. This increase in larger aircrafts is likely to increase demand for over-the-wing bridge passenger boarding bridges. 

Currently, the Asia Pacific and Latin America are leading the total project figure as the projects considered above include airport infrastructure development such as aviation projects and terminals, among others. The PPP model has become a new way of financing major infrastructure projects with the involvement of major stakeholders, such as producers/builders and end-users as passengers pass through airports. The initial investment of government and builders is then repaid over time at public expense. Private airports are more focused on closing the gap between customer needs and service delivery. The PPP model has been successful in bringing better information to customers, including the use of equipment such as PBBs. To enhance commercial and passenger service services, PPP airports include PBBs, most of which are expected to install PBBs with glass walls to meet both, passenger satisfaction and green aircraft requirements.In the growing aviation business, technological innovation and automation are setting new standards for passenger boarding bridge manufacturers. Airports can assist overcome groundwork shortages if highly advanced technology bridges do not require highly qualified operators, hence innovation and automation are quickly becoming essential parts of the aviation business. As airports continue to face staff shortages and significant worker attrition, the focus has shifted to the testing and deployment of an automated docking system outfitted with Artificial Intelligence passenger bridges. Expanding airports with high passenger traffic in major cities have enabled manufacturers to produce and sell advanced PBBs.

MARKET KEY PLAYER

Ameribridge, Inc., Adelte Group, CIMC Group Ltd., John Bean Technologies Corp., Thyssen Krupp AG, UBS Airport Systems, Vataple Group Ltd, Mitsubishi Heavy Industries, ShinMaywa Industries Ltd, FMT Sweden AB, and other players.

MARKET SEGMENTATION:

By Docking Type

  • Manual

  • Intelligent

By Foundation

  • Fixed

  • Movable

By Elevation System

  • Hydraulic  

  • Electro-mechanical

By Tunnel Type

  • Air-conditioned

  • UN-air-conditioned

By Product Type

  • Apron Drive

  • Commuter Bridges

  • Nose-loader bridges

  • T-bridges

  • Over-the-wing Bridges

Passenger Boarding Bridges Market Segment Chart

REGIONAL ANALYSIS:

During the projected period, North America is expected to lead the passenger boarding bridges market. This is primarily due to the mature airport market in the United States. According to the Federal Aviation Administration (FAA), passenger traffic will exceed one billion in the next 20 years. To remain economically competitive in the market, North America relies primarily on R&D of its infrastructure, especially PBBs.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Passenger Boarding Bridges Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 311.62 Million
Market Size by 2028 US$ 710.72 Million
CAGR CAGR of 12.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Docking Type (Manual, Intelligent)
• By Foundation(Fixed, Movable)
• By Elevation System (Hydraulic, Electro-mechanical)
• By Tunnel Type (Air-conditioned, UN-air-conditioned)
• By Product Type (Apron Drive, Commuter Bridges, Nose-loader bridges, T-bridges, Over-the-wing Bridges)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Ameribridge, Inc., Adelte Group, CIMC Group Ltd., John Bean Technologies Corp., Thyssen Krupp AG, UBS Airport Systems, Vataple Group Ltd, Mitsubishi Heavy Industries, ShinMaywa Industries Ltd, FMT Sweden AB, and other players.
DRIVERS • High demand for large aircraft
• Despite growing fuel costs and economic slowdowns, aviation passenger travel has increased by 5% on average.
RESTRAINTS • Passenger boarding bridges have a long life cycle.
• The time it takes to order, procure, and install a PBB is also a constraint.


Frequently Asked Questions (FAQ) :

According to SNS insiders, the Global Passenger Boarding Bridges Market size was USD 311.62 million in 2021 and is expected to reach USD 710.72 million by 2028 with a CAGR of  12.5% over the forecasted period.

North America, Europe, Asia-Pacific, The Middle East & Africa, Latin America.

Are the major five region covered in this report.

The public-private partnership concept has proven an innovative way of financing larger infrastructure projects with the participation of key stakeholders.

High training costs and a scarcity of trained workers and Most airlines priorities lowering operating costs like as parking fees, ground support equipment fees, and training aero-bridge operators, which incurs an additional cost for them.

Passenger boarding bridges have a long life cycle and The time it takes to order, procure, and install a PBB is also a constraint.


Table of Content:

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.Passenger Boarding Bridges Market, By Docking Type

8.1 Manual

8.2 Intelligent

 

9.Passenger Boarding Bridges Market, By Foundation

9.1 Fixed

9.2 Movable

 

10.Passenger Boarding Bridges Market, By Elevation System

10.1 Hydraulic  

10.2 Electro-mechanical

 

11.Passenger Boarding Bridges Market, By Tunnel Type

11.1 Air-conditioned

11.2 UN-air-conditioned

 

12.Passenger Boarding Bridges Market, By Product Type

12.1 Apron Drive

12.2 Commuter Bridges

12.3 Nose-loader bridges

12.4 T-bridges

12.5 Over-the-wing Bridges

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

 

14 Company Profiles

14.1 Ameribridge, Inc.

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 Adelte Group

14.3 CIMC Group Ltd.

14.4 John Bean Technologies Corp.

14.5 Thyssen Krupp AG

14.6 UBS Airport Systems

14.7 Vataple Group Ltd

14.8 Mitsubishi Heavy Industries

14.9 ShinMaywa Industries Ltd

14.10 FMT Sweden AB.

 

15. Competitive Landscape

15.1 Competitive Benchmarking

15.2 Market Share analysis

15.3 Recent Developments

 

16. Conclusion

 

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Secondary Research

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