Global Airport Passenger Boarding Bridges Market Size To Worth USD 4.7 Billion By 2033 | CAGR Of 4.25%

Global Airport Passenger Boarding Bridges Market Size To Worth USD 4.7 Billion By 2033

According to a research report published by Spherical Insights & Consulting, The Global Airport Passenger Boarding Bridges Market Size to Grow from USD 3.1 Billion in 2023 to USD 4.7 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 4.25% during the forecast period.

Browse key industry insights spread across 240 pages with 110 Market data tables and figures & charts from the report on the "Global  Airport Passenger Boarding Bridges Market Size, Share, and COVID-19 Impact Analysis, By Elevation System (Electro-Mechanical and Hydraulic), Type (C Apron Drive, Commuter Bridges, T- Bridge, Nose-Loader Bridges and Over-the-Wing Bridge), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033."  Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/airport-passenger-boarding-bridges-market

Due to rising air travel demand, airport expansions, and modernisation initiatives around the world, the Airport Passenger Boarding Bridges market is expanding significantly. PBBs are crucial to airport operations because they enable passengers to board safely and effectively from terminal gates to aircraft. Technological developments like automated, smart bridges with improved safety features and energy efficiency have an impact on the industry. Important stakeholders are concentrating on creating adaptable and sustainable bridge designs to handle various aircraft kinds. Growing investments in airport infrastructure are driving the fast growth of emerging economies, especially in Asia-Pacific. Airports are being forced to modernise their PBB systems in order to comply with safety standards and provide smooth passenger experiences, which is driving the market's growth.

Airport Passenger Boarding Bridges Market Value Chain Analysis

The market value chain for Airport Passenger Boarding Bridges (PBB) includes distributors, manufacturers, suppliers of raw materials, service providers, and end users. Manufacturers purchase raw materials from vendors, such as steel, glass, and electronics, and then process them to create PBBs with characteristics like automation and energy efficiency. Airports get bridges from distributors and contractors who oversee the supply chain operations. Installation is handled by professional contractors, and thereafter teams of maintenance personnel guarantee the longevity and safety of the operation. After-sales assistance, including repairs and spare parts, is provided by Original Equipment Manufacturers (OEMs) and third-party service providers. While airport authorities drive market demand through expansion and modernisation activities, regulatory organisations maintain compliance with safety and quality requirements. This results in the need for new and enhanced PBBs to optimise passenger flow and experience.

Airport Passenger Boarding Bridges Market Opportunity Analysis

Growth in international air travel, airport expansions, and modernisation initiatives are driving prospects in the Airport Passenger Boarding Bridges (PBB) industry. Airports are placing a greater emphasis on improving the passenger experience, which is driving up demand for modern Airport Passenger Boarding Bridges with automation, energy efficiency, and increased safety. Owing to rising expenditures in new airport infrastructure and the expansion of current facilities, emerging economies, especially in Asia-Pacific, Latin America, and the Middle East, offer significant opportunity. Furthermore, producers now have opportunities to create environmentally beneficial PBBs thanks to the move towards sustainable and green aviation practices. Additionally, there are growth opportunities due to the integration of smart technologies like AI and IoT into PBB systems, which help airports minimise downtime and increase operational efficiency. Global market potential can be further unlocked through stakeholder collaborations and strategic partnerships.

The market for airport passenger boarding bridges (PBBs) is primarily driven by the rise in the number of passengers around the world and the growing requirement for new aircraft. Airports are under increasing strain to handle more passengers and a varied fleet of new aircraft types as air travel grows and recovers. In order to improve operational effectiveness, safety, and passenger experience, this surge calls for the installation of new PBBs or the renovation of existing ones. Furthermore, when airlines update their fleets with next-generation aircraft, they need bridges that can accommodate a range of aircraft sizes and configurations. The Middle East and Asia-Pacific regions are experiencing strong increases in air travel, which is creating a large demand for PBBs and other airport infrastructure developments. These developments foster an atmosphere that is conducive to the introduction of adaptable, creative bridge solutions by manufacturers.

Several obstacles, such as expensive initial investment prices and intricate installation requirements, can discourage airport operators from entering the Airport Passenger Boarding Bridges (PBB) industry, particularly in areas with tight budgets. Tight regulations pertaining to quality, safety, and environmental effect further increase the cost of compliance and lengthen the time it takes to produce new products. Additionally, the market is impacted by changes in the price of raw materials, especially electronics and steel, which have an effect on producers' profitability and production costs. Longer lead times result from the complexity of standardisation efforts caused by the necessity for customisation to match various airport layouts and aircraft types. Furthermore, the COVID-19 pandemic's effects on international air travel have decreased airport earnings, which has slowed down investments in infrastructure, including Airport Passenger Boarding Bridges installations. Finally, market limits are brought about by competition from other boarding solutions, such as mobile stairs.

Insights by Elevation System

The electromechanical segment accounted for the largest market share over the forecast period 2023 to 2033. Electromechanical Airport Passenger Boarding Bridges, as opposed to hydraulic systems, use electric motors and gear mechanisms, which lowers maintenance costs and the possibility of oil leaks. The increasing use of automation and smart technology helps this market sector by offering improved control, more efficient operation, and lower energy usage. Because electromechanical systems have less of an environmental impact and can comply with strict safety and sustainability rules, airports are choosing them more and more. The need for eco-friendly and energy-efficient airport solutions is especially high in places like North America, Europe, and Asia-Pacific, where airport modernisation efforts are concentrated. This is contributing to the rise of the electromechanical Airport Passenger Boarding Bridges segment.

Insights by Type

The C apron drive segment accounted for the largest market share over the forecast period 2023 to 2033. Apron drive bridges are perfect for both new airports and updated terminals. They are installed on the airport apron and may be extended or retracted to meet different aircraft door locations. Because of their versatility which includes accommodating wide-body jets they are the go-to option for crowded, developing airports. Their attraction is further enhanced by technological improvements including energy-efficient designs and automated docking systems. The need for apron drive PBBs to enhance passenger flow, safety, and operational efficiency is being driven by the growth in air traffic, especially in areas like the Middle East and Asia-Pacific.

Insights by Region

North America is anticipated to dominate the  Airport Passenger Boarding Bridges Market from 2023 to 2033. Advanced Airport Passenger Boarding Bridges with features like automation, improved safety, and energy efficiency are in constant demand as major hubs like Los Angeles, Chicago, and Atlanta continue to upgrade their facilities. The adoption of environmentally friendly and technologically innovative bridges is being encouraged by the region's strict safety rules and environmental standards. Furthermore, the increase in air travel—particularly since the pandemic—is driving up expenditures in new aircraft fleets, necessitating the use of Airport Passenger Boarding Bridges solutions that work. Technological innovations that enhance operating efficiency and decrease downtime, such IoT integration and smart boarding systems, also benefit the market and support growth prospects in the area.

Asia Pacific is witnessing the fastest market growth between 2023 to 2033. In order to handle increasing passenger counts, emerging countries are building new airports and renovating those that already exist. To increase passenger flow and raise safety standards, the region's airports are progressively implementing cutting-edge PBB technologies, such as automated and energy-efficient bridges. Governments are also assisting modernisation projects in order to meet global standards and encourage travel. The region's varied aircraft fleet sizes therefore call for adaptable PBB designs. PBB providers and manufacturers have a lot of growth potential in the Asia-Pacific market as smart airports—which combine AI and IoT for seamless operations—become more prevalent.

Recent Market Developments

• In May 2023, JBT was purchased by Oshkosh Corp. for $800 million. Oshkosh intends to leverage JBT's expertise in Airport Passenger Boarding Bridges to broaden their range of airport equipment.

Major players in the market

• Adelte Group (Spain)
• Accessair Systems Inc. (Canada)
• Ameribridge, Inc. (US)
• FMT Sweden AB (Sweden)
• Hubner Gmbh & Co. Kg (Germany)
• John Bean Technologies Corp. (US)
• Mitsubishi Heavy Industries, Ltd (Japan)
• Shinmaywa Industries Ltd (Japan)
• Thyssenkrupp Ag (Germany)
• UBS Airport Systems (Turkey)

Market Segmentation

This study forecasts revenue at global, regional, and country levels from 2023 to 2033.

 Airport Passenger Boarding Bridges Market, Elevation System Analysis

• Electro-Mechanical
• Hydraulic

 Airport Passenger Boarding Bridges Market, Type Analysis

• C Apron Drive
• Commuter Bridges
• T- Bridge
• Nose-Loader Bridges
• Over-the-Wing Bridge

Airport Passenger Boarding Bridges Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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