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Aerobridge Market by Product and Geography - Forecast and Analysis 2020-2024

Aerobridge Market will register a CAGR of % during 2020-2024. The market’s growth momentum will Accelerate.

Increase in construction of airports will be one of the major factors driving the growth of this market. Additionally, key Aerobridge Market trends such as the Implementation of two-tier aerobridges will also influence market growth during the forecast period.

Aerobridge Market Size

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During the forecast period, the Aerobridge Market size will grow by $ 129.19 mn.

Aerobridge Market : Vendors

The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Aerobridge Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the New aerobridges may reflect higher airfare for passengers | High initial and replacement cost of ground support equipment | Increasing number of aerobridge collision accidents will also challenge the growth of the companies.

are some of the companies covered in Technavio’s Aerobridge Market report for 2020-2024.

Aerobridge Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Aerobridge Market.

The APAC will account for the largest Aerobridge Market share and during 2020-2024, the region will contribute to 43% of the market’s growth.

In addition to regions and the key companies involved, Technavio’s Aerobridge Market report also analyzes the market by Apron drive aerobridge.

Our Custom Research Solutions can provide tailored Aerobridge Market information to meet your specific requirements.

Aerobridge Market by Product and Geography - Forecast and Analysis 2020-2024

The global aerobridge market size is projected to grow to USD 1,097.3 million by 2021, at a CAGR of close to 6% over the forecast period.

This research report titled ‘Global Aerobridge Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes an up to date analysis and forecasts for various market segments and all geographical regions.

Aerobridges are employed to assist passengers with mobility impairments and shelter passengers from the weather, engine blast, and dust. One of the key driving factors enabling the growth of this market is the rise in passenger traffic, which necessitated the inclusion of more efficient, time-saving passenger boarding bridges such as aerobridges to ensure smooth operations.

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Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Based on product type, the report categorizes the global aerobridge market into the following segments:

·         Apron drive aerobridge

·         Commuter aerobridge

·         Dual aerobridge

·         Nose-loader aerobridge

·         Others

The top three revenue-generating product segments in the global aerobridge market are discussed below:

Apron drive aerobridge

“Apron drive aerobridges are the most commonly used aerobridges, contributing over 43% of the overall market revenue. These aerobridges include rotunda, tunnel, drive column, safety bar, engineer's stairs, operator cabin, and canopy,” says Avimanyu Basu, a lead analyst at Technavio for aerospace research.

Apron drive aerobridges are among the most preferred passenger boarding bridges, whose three-dimensional movement offers the operators maximum flexibility. Their ability to contract when not in operation is the extremely appealing, resulting in their increased adoption.

Commuter aerobridge

Commuter aerobridges are the oldest type of passenger boarding bridges in operation. They provide basic protection from the elements until the passenger boards the flight. These bridges rotate around a fixed point and can condense as a tunnel section when not in use. Commuter aerobridges were responsible for generating over 20% of the overall revenue, with the highest adoption in small airports all over the world. Currently, the adoption of these aerobridges is witnessing a decline due to drawbacks such as partial exposure to the elements and restricted range of movement.

The Need for Efficient and Time-Saving Passenger Boarding Bridges is Driving the Global Aerobridge Market: 2020

The global aerobridge market size is projected to grow to USD 1,097.3 million by 2021, at a CAGR of close to 6% over the forecast period. This research report titled ‘Global Aerobridge Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes an up to date analysis and forecasts for various market segments and all geographical regions.

Aerobridges are employed to assist passengers with mobility impairments and shelter passengers from the weather, engine blast, and dust. One of the key driving factors enabling the growth of this market is the rise in passenger traffic, which necessitated the inclusion of more efficient, time-saving passenger boarding bridges such as aerobridges to ensure smooth operations.

Request a sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Based on product type, the report categorizes the global aerobridge market into the following segments:

· Apron drive aerobridge

· Commuter aerobridge

· Dual aerobridge

· Nose-loader aerobridge

· Others

The top three revenue-generating product segments in the global aerobridge market are discussed below:

Apron drive aerobridge

“Apron drive aerobridges are the most commonly used aerobridges, contributing over 43% of the overall market revenue. These aerobridges include rotunda, tunnel, drive column, safety bar, engineer's stairs, operator cabin, and canopy,” says Avimanyu Basu, a lead analyst at Technavio for aerospace research.

Apron drive aerobridges are among the most preferred passenger boarding bridges, whose three-dimensional movement offers the operators maximum flexibility. Their ability to contract when not in operation is the extremely appealing, resulting in their increased adoption.

Commuter aerobridge

Commuter aerobridges are the oldest type of passenger boarding bridges in operation. They provide basic protection from the elements until the passenger boards the flight. These bridges rotate around a fixed point and can condense as a tunnel section when not in use. Commuter aerobridges were responsible for generating over 20% of the overall revenue, with the highest adoption in small airports all over the world. Currently, the adoption of these aerobridges is witnessing a decline due to drawbacks such as partial exposure to the elements and restricted range of movement.

Dual aerobridge

“Dual aerobridges are suited for large-sized aircraft, where both the front and rear doors, or doors of both the lower and upper decks are used for the entry and exit of passengers. The use of these bridges minimizes the time taken by passengers to board and off-board the flight, thereby reducing the layover time,” says Avimanyu.

Dual aerobridges prove to be extremely beneficial during emergencies when swift offloading of the passengers becomes crucial. These aerobridges will witness the quickest growth rate, with a CAGR of close to 7% over the forecast period.

The top vendors highlighted by Technavio’s research analysts in this report are:

· ADELTE Group

· FMT

· HÜBNER

· JBT AeroTech

· thyssenkrupp