Passenger Boarding Bridge Market to grow at CAGR of 7.2% during 2016 – 2021


Posted November 26, 2018 by Stratview-Research

This report, from Stratview Research, studies the passenger boarding bridge market over the period 2010 to 2021.

 
Stratview Research announces the launch of a new research report on Passenger Boarding Bridge Market by Application Type (Airport and Seaport), by Bridge Type (Apron, Commuter, Nose Loader, T-Bridge, and Others), by Drive System (Hydraulic and Electro-Mechanical), by Structure Type (Glass Walled and Metal Walled), by Tunnel Type (2 Tunnel and 3 Tunnel), by Product Nature Type (Fixed and Moveable), by Region (NA, Europe, APAC, ROW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.

This report, from Stratview Research, studies the passenger boarding bridge market over the period 2010 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Passenger Boarding Bridge Market: Highlights

Passenger boarding bridges (PBB) are used to enhance passenger comfort on the way from the terminal to the plane. Additionally, it increases security by providing a controlled and a safe passage to the passengers from the boarding gate in the terminal to their seat on aircraft.

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The passenger boarding bridge market offers good growth opportunity and is likely to grow at 7.2% CAGR during the forecast period of 2016 to 2021. Increasing passenger traffic, renewal and upgradation of older equipment, extensions of existing terminals, and construction of new airports are some of the key growth drivers of the passenger boarding bridge market. Increasing passenger traffic and high turnaround time of the aircraft are putting pressure on airport agencies to develop a better infrastructure including the advanced passenger boarding bridges.

Airport segment is expected to remain a growth engine of the passenger boarding bridge market during the forecast period. The segment is expected to experience the fastest growth in the next five years, driven by on-going and upcoming airport infrastructure projects, modernization of existing airports, and green field airport projects. Seaport PBB is expected to experience moderate growth rate for the same period.

There are several types of bridge systems used in the airports, such as arpon, commuter, nose loader, and T-Bridge. Arpon passenger boarding bridge is expected to remain the largest bridge type during the forecast period. Arpon PBB is expected to witness the highest growth rate for the same period as it allows a variety of docking heights (narrow body to wide body aircraft) and ample lateral movement and 360-degree directional bogies. Arpon passenger boarding bridge is also suitable for double decker aircraft like A380.

Glass walled passenger boarding bridges are widely preferred across regions and is likely to experience the fastest growth rate in the next five years. Steel sided walls are mainly preferred in the US and Latin America, as they provide more space for advertising and are slightly less expensive.

Asia-Pacific region is expected to exhibit the fastest growth during the forecast period due to on-going and upcoming airport projects and upgradation of existing airports. The developing countries, mainly China and India are likely to drive the demand of airport passenger boarding bridge market in the Asia-Pacific region in next five years.

The supply chain of this market comprises raw material suppliers, component manufacturers, PBB manufacturers, distributors, and airport authorities. The key PBB manufacturers for airport and seaport are Adelte Group, CIMC Group Ltd., John Bean Technologies Corp., MHI-TES, and Thyssen Krupp AG.
New product development, technology development in the areas of automation, structural design, energy consumption, IT, and long term contracts are the key strategies adopted by the major players to gain competitive edge in the market.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
The passenger boarding bridge market is segmented into the following categories.
Passenger Boarding Bridge Market, By Application Type
• Airport
• Seaport
Passenger Boarding Bridge Market, By Bridge Type
• Apron Passenger Boarding Bridge
• Commuter Passenger Boarding Bridge
• Nose Loader Passenger Boarding Bridge
• T-Bridge
• Others Passenger Boarding Bridge
Passenger Boarding Bridge Market, By Drive Mechanism Type
• Electro-Mechanical based Passenger Boarding Bridge
• Hydraulic based Passenger Boarding Bridge
Passenger Boarding Bridge Market, By Structure Type
• Glass Walled Passenger Boarding Bridge
• Metal Walled Passenger Boarding Bridge
Passenger Boarding Bridge Market, By Tunnel Type
• Two Tunnel based Passenger Boarding Bridge
• Three Tunnel based Passenger Boarding Bridge
Passenger Boarding Bridge Market, By Product Nature Type
• Fixed Passenger Boarding Bridge
• Moveable Passenger Boarding Bridge
Passenger Boarding Bridge Market, By Region
• North America (Country Analysis: USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, UK, Russia, and Rest of the Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of the Asia-Pacific)
• Rest of the World (Country Analysis: Middle East and Latin America)

About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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Last Updated November 26, 2018