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The passenger boarding bridge market is expected to witness market growth at a rate of 6.20% in the forecast period of 2021 to 2028 and is expected to reach USD 564,171.5 million by 2028. Data Bridge Market Research report on passenger boarding bridge market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the number of passengers is escalating the growth of passenger boarding bridge market.
Major factors that are expected to boost the growth passenger boarding bridge market in the forecast period are the rise in the need for large aircraft and the growing number of greenfield and brownfield airport projects is further anticipated to propel the growth of the passenger boarding bridge market. Moreover, the augmented expenditure on airside infrastructure by airport operators and the growing concerns regarding the airport security is further estimated to cushion the growth of the passenger boarding bridge market. On the other hand, the extended life cycle of passenger boarding bridge is further projected to impede the growth of the passenger boarding bridge market in the timeline period.
In addition, the public-private partnerships for airside operations will further provide potential opportunities for the growth of the passenger boarding bridge market in the coming years. However, the rise in the expenses of training and dearth of skilled personnel might further challenge the growth of the passenger boarding bridge market in the near future.
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Leading Key Players Operating in the Passenger Boarding Bridge Market Includes:
The major players covered in the passenger boarding bridge market report are ThyssenKrupp AG, JBT., CIMC., FMT Sweden AB, Shinmaywa Industries, Ltd., VATAPLE GROUP, HÜBNER GMBH & CO KG, MITSUBISHI HEAVY INDUSTRIES, LTD., Bukaka Teknik Utama, ADELTE- The Boarding Company, Airport Equipment (a division of J&D McLennan), China International Marine Containers (Group) Ltd., UBS, ACCESSAIR Systems Inc and Ameribridge Services Inc among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Passenger Boarding Bridge Market Segmentations:
- On the basis of elevation system, the passenger boarding bridge market has been segmented into hydraulic and electro-mechanical.
- On the basis of product type, the passenger boarding bridge market has been segmented into apron drive, commuter bridge, nose-loader bridge, T-bridge and over-the-wing bridge.
- On the basis of tunnel type, the passenger boarding bridge market has been segmented into air-conditioned and un-air-conditioned.
- On the basis of docking type, the passenger boarding bridge market has been segmented into manual and intelligent.
- On the basis of foundation, the passenger boarding bridge market has been segmented into fixed and movable.
- On the basis of structure, the passenger boarding bridge market has been segmented into glass-walled, steel-walled and glass-steel-walled.
- On the basis of point of sale, the passenger boarding bridge market has been segmented into OEM and aftermarket.
- On the basis of seaport, the passenger boarding bridge market has been segmented into seaport.
Passenger Boarding Bridge Market by Region:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy and Rest of Europe)
- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia, rest of countries etc.)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria and South Africa)
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Reasons to Purchase the Passenger Boarding Bridge Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
The report answers questions such as:
- Which product segment grabbed the largest share in the Passenger Boarding Bridge market?
- How is the competitive scenario of the Passenger Boarding Bridge market?
- Which are the key factors aiding the Passenger Boarding Bridge market growth?
- Which are the prominent players in the Passenger Boarding Bridge market?
- Which region holds the maximum share in the Passenger Boarding Bridge market?
- What will be the CAGR of the Passenger Boarding Bridge market during the forecast period?
- Which application segment emerged as the leading segment in the Passenger Boarding Bridge market?
- What key trends are likely to emerge in the Passenger Boarding Bridge market in the coming years?
- Which company held the largest share in the Passenger Boarding Bridge market?
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