Passenger Boarding Bridges Market | Business Strategies, Revenue and Growth Rate Upto 2027

Passenger Boarding Bridges Market Overview:

The purpose of this study is to provide an in-depth analysis of the Passenger Boarding Bridges market by segments, industry, and geography. The study provides detailed information on the major factors influencing the growth of the Passenger Boarding Bridges industry. The study also provides a thorough examination of the market’s value chain.

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Global Passenger Boarding Bridges Market was worth US$ 273 Mn. in 2020 and total revenue is expected to grow at a rate of 12.3% CAGR from 2021 to 2027, reaching almost US$ 614.92 Mn. in 2027.

Market Scope:

The research method used to assess and forecast the Passenger Boarding Bridges market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the Passenger Boarding Bridges market.

Drivers:

With more people travelling, there is a rising demand for large aircraft. According to IATA, air passenger travel has increased at a 5% rate over the past 20 years and is anticipated to do so going forward despite rising fuel prices and economic slowdowns. According to ICAO’s annual statistics, the total number of passengers transported on scheduled Bridge Types increased by 6.4% to 4.3 billion in 2018, while the number of departures increased by 3.5% to 37.8 million.

Segmentation:

The market is divided into the Commuter, Apron, T-Bridge, Nose, and Over-The-Wing Bridge categories based on the type of bridge. The passenger boarding bridge market is dominated by the apron segment. This is because of a variety of things, including the fact that it enables various aircraft types to dock at various heights. Its wide range of lateral movement and 360-degree directional bogies make it perfect for double-decker aircraft like the A380.

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Key Players: the key players are:

• FMT Sweden AB
• Vataple Group Ltd.
• Hubner GmbH & Co. KG
• Deerns Groep B.V.
• Oversys LLC
• Shanghai Haobo Aviation Equipment Co. Ltd.
• Aeromobiles Pte. Ltd.
• Avicorp Middle East
• Anton Air Support
• East Island Aviation Bridge Types
• Dimaim Systems
• Alpha-CIM
• Adelte Group
• John Bean Technologies Corp.
• Thyssenkrupp AG

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Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

COVID-19 Impact Analysis on Passenger Boarding Bridges Market: The detailed review of COVID-19 impact on the Passenger Boarding Bridges market based on import, suppliers, ket players have also been included in the Passenger Boarding Bridges market report.

Key Questions Answered in the Passenger Boarding Bridges Market Report are:

• Which segment had the largest share in the Passenger Boarding Bridges market?
• How is the competitive landscape of the Passenger Boarding Bridges market?
• Which are the key factors impacting the Passenger Boarding Bridges market growth?
• Which region has the maximum share in the Passenger Boarding Bridges market?
• What will be the CAGR of the Passenger Boarding Bridges market during the forecast period (2021-2027)?

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