In a recent published report, Kenneth Research has updated the market report for Aerobridge Market for 2024 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2024- Positive Growth in the economic demand and supply.
According to the statistics by the Organization for Economic Co-operation and Development (OECD), the United States recorded to be the largest exporters of international trade in services amongst all the OECD nations with a value worth USD 827 billion in the year 2018.
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Global Aerobridge Market is forecasted to reach $1 billion by 2024; growing at a CAGR of 8.1% between 2016 and 2024. Aerobridge, also known as Passenger Boarding Bridges (PBB), connects airport terminals to aircrafts directly, and allow secured and smooth movement of passengers. They provide with enhanced and comfortable access to aircraft, especially for children, disabled, and elderly passengers. The aerobridges also provide shelter to the passenger during rain or bad weather conditions. An aerobridge can be fixed or movable depending upon the building design, sill height, and other operational requirements. Many security agencies prefer aerobridge over ferry bus to avoid vehicular traffic, risk of accident and terror. Rise in passenger in tier-II cities of developing counties and increasing passenger traffic at domestic as well as international airports are the major factors which have supplemented the growth of the market. Moreover, increasing investments in installing operating aerobridges for domestic flights is also expected to drive the market. However, lack of technical knowledge in handling the aerobridge causing accidents may hamper the market growth in the coming years. Furthermore, expansion in untapped markets in developing countries and domestic airports would provide opportunity for the growth of market.
The global aerobridge market has been segmented on the basis of type, structure, product type and geography. By type, it is further segmented into fixed aerobridge and movable aerobridge. By structure, the market is categorized into glass walled and steel walled. By product type the market is bifurcated into commuter bridge, apron drive bridge, dual boarding bridge, T-bridge and others.
Geographically, the market is segmented into North America, Europe, Asia-Pacific and rest of the world (RoW). The U.S., Mexico and Canada are covered under North America wherein Europe covers U.K, Germany, Russia and others. Asia-Pacific covers China, India, Australia and others. Rest of the World (RoW) covers South America, Middle East and Africa.
Key market players include Vataple Group Ltd., CIMC Group Ltd., Thyssenkrupp AG, MHI-TES, Shinmaywa Industries Ltd., Hubner GmbH & Co. Kg., Airport Equipment Ltd., Ameribridge, Inc., Adelte Group, and John Bean Technologies Corp., among others.
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The key takeaways from the report:
The report will provide detailed analysis of Aerobridge Market with respect to major segments such as type, structure, and product
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024. Comprehensive analysis of market dynamics including factors and opportunities of the global Aerobridge Market. An exhaustive regional analysis of Aerobridge Market from 2015 to 2024 has been included in the report.
Profile of the key players in the Aerobridge Market, will be provided, which include key financials, product & services, new developments and business strategies
Scope of Aerobridge Market
Type Segments
Fixed Aerobridge
Movable Aerobridge
Structure Segments
Glass Walled
Steel Walled
Product Segments
Commuter Bridge
Apron Drive Bridge
Dual Boarding Bridge
T-Bridge
Others
Geographical Segments
North America
US
Canada
Mexico
Europe
Germany
France
United Kingdom
Spain
Others
Asia-Pacific
China
India
Japan
South Korea
Others
RoW
South America
Middle East
Africa
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