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Passenger Boarding Bridge, sometimes abbreviated as PBB and also called air bridge, is a portable lifting channel at the airport to connect the lounge with the planes.
In recent time, high growth in the new construction and renovation of airport is some of the major drivers of global passenger boarding bridge industry.
During the past five years from 2010 to 2014, global passenger boarding bridge industry developed fast.
At present, global passenger boarding bridge industry shows a high concentration. Among the manufacturers, CIMC (China), JBT Aerotech (US) and ThyssenKrupp Access Solutions (Germany) are the top three largest around the world and more than 85% of the total products are produced by these three companies in 2014.
In terms of geography, Asia-Pacific dominates the global passenger boarding bridge market followed by US and EU. Asia-Pacific region is the largest and fastest growing market. Among Asia-Pacific, China and India are the biggest market, in addition, China is also the largest exporter around the globe.
In the future, it is estimated that global passenger boarding bridge will continue rising with a stable growth rate and emerging countries will become the main driving forces. In addition, as the high profit of design, production and sales of passenger boarding bridges, more and more investors will enter into this industry due to the high profit of production and sales of passenger boarding bridges.
With the expanding production capacity and other uncertain factors, the manufacturers will face the high risk of price and gross margin decline in the next years.
Market Analysis and Insights: Global Passenger Boarding Bridge Market
The global Passenger Boarding Bridge market was valued at US$ 408.5 in 2020 and will reach US$ 482.1 million by the end of 2027, growing at a CAGR of 2.8% during 2022-2027.
Global Passenger Boarding Bridge Scope and Market Size
The global Passenger Boarding Bridge market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Passenger Boarding Bridge market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Glass Walled
Steel Walled
Segment by Application
Small Aircraft
Medium Aircraft
Large Aircraft
The Passenger Boarding Bridge market is analysed and market size information is provided by regions (countries). Segment by Application, the Passenger Boarding Bridge market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
JBT Aerotech
ThyssenKrupp Access Solutions
Hyundai Rotem
MHI
FMT
ADELTE
CEL
ShinMaywa
CIMC
Vataple
In recent time, high growth in the new construction and renovation of airport is some of the major drivers of global passenger boarding bridge industry.
During the past five years from 2010 to 2014, global passenger boarding bridge industry developed fast.
At present, global passenger boarding bridge industry shows a high concentration. Among the manufacturers, CIMC (China), JBT Aerotech (US) and ThyssenKrupp Access Solutions (Germany) are the top three largest around the world and more than 85% of the total products are produced by these three companies in 2014.
In terms of geography, Asia-Pacific dominates the global passenger boarding bridge market followed by US and EU. Asia-Pacific region is the largest and fastest growing market. Among Asia-Pacific, China and India are the biggest market, in addition, China is also the largest exporter around the globe.
In the future, it is estimated that global passenger boarding bridge will continue rising with a stable growth rate and emerging countries will become the main driving forces. In addition, as the high profit of design, production and sales of passenger boarding bridges, more and more investors will enter into this industry due to the high profit of production and sales of passenger boarding bridges.
With the expanding production capacity and other uncertain factors, the manufacturers will face the high risk of price and gross margin decline in the next years.
Market Analysis and Insights: Global Passenger Boarding Bridge Market
The global Passenger Boarding Bridge market was valued at US$ 408.5 in 2020 and will reach US$ 482.1 million by the end of 2027, growing at a CAGR of 2.8% during 2022-2027.
Global Passenger Boarding Bridge Scope and Market Size
The global Passenger Boarding Bridge market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Passenger Boarding Bridge market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Glass Walled
Steel Walled
Segment by Application
Small Aircraft
Medium Aircraft
Large Aircraft
The Passenger Boarding Bridge market is analysed and market size information is provided by regions (countries). Segment by Application, the Passenger Boarding Bridge market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
JBT Aerotech
ThyssenKrupp Access Solutions
Hyundai Rotem
MHI
FMT
ADELTE
CEL
ShinMaywa
CIMC
Vataple
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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