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Airport Passenger Boarding Bridge Market Size

Report ID: FBI 4744

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Published Date: Jul-2024

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Format : PDF, Excel

Market Outlook:

Airport Passenger Boarding Bridge Market was over USD 1.07 Billion in 2023 and is poised to surpass USD 2.16 Billion by end of the year 2032, growing at over 8.1% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 1.07 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

8.1%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 2.16 Billion

19-23 x.x %
24-32 x.x %
Airport Passenger Boarding Bridge Market

Historical Data Period

2019-2023

Airport Passenger Boarding Bridge Market

Largest Region

North America

Airport Passenger Boarding Bridge Market

Forecast Period

2024-2032

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Market Dynamics:

Growth Drivers & Opportunity:

The increasing air traffic across the globe is a key driver for the airport passenger boarding bridge market. With more people choosing air travel as their preferred mode of transport, airports are constantly upgrading their infrastructure to accommodate the growing number of passengers. This has led to a surge in demand for passenger boarding bridges, as they provide a safe and efficient way for travelers to board and disembark from aircraft.

Rapid urbanization and the construction of new airports in emerging markets are also fueling the growth of the airport passenger boarding bridge market. As cities expand and new airports are built to cater to the growing demand for air travel, there is a rising need for advanced infrastructure solutions like passenger boarding bridges. This presents a significant opportunity for market players to capitalize on the increasing demand for these products.

Industry

Report Scope

Report CoverageDetails
Segments CoveredBoarding Bridge Type, Model Type, Technology, Material, Point Of Sale, Structure
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledAccessAir Systems,, Adelte Group, AERO Bridgeworks LLC, Airport Equipment., Aviogei, CIMC-TianDa Airport Support., Dabico A-Bridge LLC, FMT Aircraft Gate Support Systems AB, HüBNER & Co. KG, JBT, John Bean Technologies, MHI-TES, (Mitsubishi Heavy Industries), Shinmaywa Industries., Thyssenkrupp AG, Vataple Group.

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However, despite the promising growth prospects, the airport passenger boarding bridge market faces certain restraints that may hinder its growth. A significant restraint is the high cost associated with installing and maintaining passenger boarding bridges. These structures require significant investment in terms of both capital expenditure and ongoing maintenance, making them a costly proposition for airport operators. This can act as a deterrent for airports looking to upgrade their infrastructure, especially in regions with budget constraints.

Another growth inhibitor for the airport passenger boarding bridge market is the limited compatibility of these structures with different types of aircraft. Passenger boarding bridges are typically designed to cater to specific aircraft models, which can create challenges for airports that handle a diverse range of aircraft types. This lack of flexibility can limit the functionality of passenger boarding bridges and pose a challenge for airport operators seeking a versatile and efficient solution for passenger boarding.

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Airport Passenger Boarding Bridge Market Size & Sh...

RD Code : 24