Report Scope & Overview:
Passenger Boarding Bridges Market Size was valued at USD 350.57 million in 2022, expected to reach USD 899.49 million by 2030, and grow at a CAGR of 12.5% over the forecast period 2023-2030.
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.
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.
High demand for large aircraft
Despite growing fuel costs and economic slowdowns, aviation passenger travel has increased by 5% on average.
Passenger boarding bridges have a long life cycle.
The time it takes to order, procure, and install a PBB is also a constraint.
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.
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.
By Docking Type
By Elevation System
By Tunnel Type
By Product Type
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
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.
Ameribridge, Inc.-Company Financial Analysis
|Market Size in 2022||US$ 350.57 Million|
|Market Size by 2030||US$ 899.49 Million|
|CAGR||CAGR of 12.5% From 2023 to 2030|
|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.
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:
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Passenger Boarding Bridges Market, By Docking Type
9.Passenger Boarding Bridges Market, By Foundation
10.Passenger Boarding Bridges Market, By Elevation System
11.Passenger Boarding Bridges Market, By Tunnel Type
12.Passenger Boarding Bridges Market, By Product Type
12.1 Apron Drive
12.2 Commuter Bridges
12.3 Nose-loader bridges
12.5 Over-the-wing Bridges
13. Regional Analysis
13.2 North America
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4.2 South Korea
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.3 South Africa
13.6 Latin America
13.6.3 Rest of Latin America
14 Company Profiles
14.1 Ameribridge, Inc.
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
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Report Scope & Overview: Ultralight and Light Aircraft Market Size was valued at USD 16.8
Report Scope & Overview: Digital Shipyard Market Size was valued at USD 0.996 billion in
Report Scope & Overview: Aircraft Computers Market Size was valued at USD&nbs
The Satellite Communication Equipment Market Size was valued at USD 27 billion in 2022 and is expected to reach USD 116.09 billion by 2030 and grow at a CAGR of 20% over the forecast period 2023-2030.
Report Scope & Overview: Aircraft Seat Actuation System Market Size was value
The Autonomous Navigation Market Size was valued at USD 4.19 billion in 2022, expected to reach USD 13.91 billion by 2030, and grow at a CAGR of 16.21% over the forecast period 2023-2030.
Hi! Click one of our member below to chat on Phone