Global Aerobridge Market Report, published by Variant Market Research, forecast that the global market was valued at $778 million in 2016 and expected to reach $1,453 million by 2024; growing at a CAGR of 8.1% from 2016 to 2024. In geographical segments, Asia Pacific and North America anticipated to grow at a CAGR of 9.7% and 7.8%, respectively, over the forecast period 2016 – 2024.

Global aerobridge market is majorly driven by growing passenger inflow at domestics and international airport, increasing interests in introducing aerobridges for local flights, and growing passengers in tier-II cities of developing countries. Though, lack of technical knowledge in handling the aerobridge causing accidents may hinder the market growth. Moreover, untapped markets in developing countries and domestic airports would unfold attractive business opportunities for the market in the coming years.

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The global aerobridge market has been categorized into the type, structure, product type and geography. The type segment includes fixed aerobridge and movable aerobridge. Structure segment includes glass walled and steel walled. Moreover, product type is categorized into commuter bridge, dual boarding bridge, apron drive bridge, T-bridge and others. In type segment, movable aerobridge and fixed aerobridge held 60.6% and 39.4% respectively, in 2016. By structure, steel-walled aerobridge and class-walled aerobridge accounted for 80.4% and 19.6% respectively, in the year 2016. Additionally, by product, apron drive bridge accounted for the maximum market share in aerobridge market in 2016.

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North America, Europe, Asia-Pacific and Rest of the World (RoW) are the major regions covered in the report. Asia-Pacific is the fastest growing region in the global aerobridge market, and is projected to maintain this trend owing to investment in tier-II cities in developing countries. For instance, The Goa International Airport, in India, to get three new aerobridges and is expected to be ready by April 2017, and this project is estimated to cost $1.8 million (INR 120 million). In the year 2016, North America accounted for the major share in the market with 29% followed by Europe with 28.1%.

The major key players operating in the global aerobridge market comprises Adelte Group, CIMC Group Ltd., Thyssenkrupp AG, Airport Equipment Ltd., Ameribridge, Inc., John Bean Technologies Corp., Vataple Group Ltd., MHI-TES, Shinmaywa Industries Ltd. and Hubner GmbH & Co. Kg and others.

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Scope of Aerobridge Market

Type Segments

• Fixed Aerobridge
• Movable Aerobridge

Structure Segments

• Glass Walled
• Steel Walled

Product Segments

• Commuter Bridge
• Dual Boarding Bridge
• Apron Drive Bridge
• T-Bridge
• Others

Geographical Segments

• North America
o US
o Canada
o Mexico

• Europe
o Germany
o France
o United Kingdom
o Spain
o Others

• Asia-Pacific
o China
o India
o Japan
o South Korea
o Others

• RoW
o South America
o Middle East
o Africa

About Variant Market Research

Variant Market Research offers syndicated and customized reports to fulfil clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.

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