Report Description
Aerobridge Market Outlook 2031
The global aerobridge market size was valued at USD 8.50 Billion in 2022 and is estimated to reach USD 9.72 Billion by 2031 register a substantial CAGR of 1.5% during the forecast period, 2023–2031. The growth of the market is attributed to the expeditious rise in construction of further airports worldwide which will cause increased air traffic across the globe; thereby, will expand the interest of modern aircrafts among the aircraft manufacturers.
An aerobridge refers to an adjoining connector which is extended from an airport terminal gate to an aircraft which helps the passenger in disembark and board from the ship, they are flexible or fixed in nature. These aerobridges is also known as skybridge, jetway and airbridge. The operator controls the leveling of these aerobridges which act as a canopy.
The key features of these aerobridges include providing passengers with all-weather dry access during boarding and disembarking and it even strengthens the security of the terminal. Aerobridges are primarily introduced for the passengers comfort, it assists the passengers with mobility impairments and allow smoother operations and saves time; thereby, this conventional style of boarding the aircrafts is driving the market growth.
The Covid-19 pandemic had an unpleasant impact on the aerobridge market. Many companies in the aerobridge market has been on halt to comply with the government regulation which directly impacts the revenue flow. The market suffered considerable loss; however, government’s steps and strategies have helped to neutralise the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.
Aerobridge Market Trends, Drivers, Restraints, and Opportunities
- Increasing public infrastructure projects which includes the rapid growth of construction of new airports is fuelling the market of aerobridge around the globe.
- Expanding population, urbanization and improved standard of living of consumers worldwide is expected further propel the market growth over the forecast period.
- Rising innovation, developments and advancements in airline industry are projected to fuel the market growth in coming years.
- Rising disposable income across the globe leading to consumers preference to airline travelling over any other means of transport. Thus, spur demand for aerobridges and is expected to expand the market during the forecast period
- High price associated with aerobridges when compared to the traditional methods is expected to impede the market expansion
- R&D investment and technological advancement in aerobridge sector are expected to offer lucrative opportunities for the market players.
Scope of The Aerobridge Market Report
The report on the global aerobridge market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Aerobridge Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Category (Apron Drive Aerobridge, Commuter Aerobridge, Dual Aerobridge and Nose-Loader Aerobridge) Application (Civilian Aircraft, Commercial Aircraft and Military Aircraft)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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ADELTE, FMT, HÃœBNER, JBT AeroTech, thyssenkrupp, A.D. McCallum & Son, CIMC TianDa, Deerns, PT Bukaka Teknik Utama and ShinMaywa.
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Aerobridge Market Segment insights
The apron drive aerobridge segment is projected to constitute a large market share
Based on category, the global aerobridge market is segregated into apron drive aerobridge, commuter aerobridge, dual aerobridge and nose-loader aerobridge. The apron drive aerobridge segment is expected to account for a key share of the market during the forecast period owing to its applications and features over its substitutes which, includes its flexible or movable tunnels.
It makes the passenger’s disembark and boarding more efficient and easy. However, the dual segment is projected to grow over the forecast period due to growing production and preference of the key players.
Civilian aircraft segment is expected to register a substantial CAGR
Based on application, the global aerobridge market is divided into civilian aircraft, commercial aircraft and military aircraft. The civilian aircraft segment accounts for a key share of the market and is estimated to propel over the forecast period owing to significant rise in population, urbanisation and improved standard of living. However, the commercial and military aircraft segment is projected to expand over the forecast period due to increasing demand for convention means of transport for people as well as goods.
North America is expected to dominate the market
In terms of regions, the market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to expand at a robust CAGR during the forecast period. The socioeconomic evolution and rising disposable income in these regions are anticipated to drive the market growth; however, the market of Asia Pacific is expected to exhibit a rapid growth rate in the coming years owing to its innovative and advance techniques and technologies.
Segments
The global aerobridge market has been segmented on the basis of:-
Category
- Apron Drive Aerobridge
- Commuter Aerobridge
- Dual Aerobridge
- Nose-Loader Aerobridge
Applications
- Civilian Aircraft
- Commercial Aircraft
- Military Aircraft
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Companies
- ADELTE
- FMT
- HÃœBNER
- JBT AeroTech
- Thyssenkrupp
- A.D. McCallum & Son
- CIMC TianDa
- Deerns
- PT Bukaka Teknik Utama
- ShinMaywa
Competitive Landscape
Key players competing in the global aerobridge market include ADELTE, FMT, HÃœBNER, JBT AeroTech, thyssenkrupp, A.D. McCallum & Son, CIMC TianDa, Deerns, PT Bukaka Teknik Utama and ShinMaywa.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aerobridge Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aerobridge Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aerobridge Market - Supply Chain
4.5. Global Aerobridge Market Forecast
4.5.1. Aerobridge Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aerobridge Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Aerobridge Market Absolute $ Opportunity
5. Global Aerobridge Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Aerobridge Market Size and Volume Forecast by Applications
5.3.1. Civilian Aircraft
5.3.2.
Commercial Aircraft
5.3.3.
Military Aircraft
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Aerobridge Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Aerobridge Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Aerobridge Demand Share Forecast, 2019-2026
7. North America Aerobridge Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Aerobridge Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Aerobridge Market Size and Volume Forecast by Applications
7.4.1. Civilian Aircraft
7.4.2.
Commercial Aircraft
7.4.3.
Military Aircraft
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Aerobridge Demand Share Forecast, 2019-2026
8. Latin America Aerobridge Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Aerobridge Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Aerobridge Market Size and Volume Forecast by Applications
8.4.1. Civilian Aircraft
8.4.2.
Commercial Aircraft
8.4.3.
Military Aircraft
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Aerobridge Demand Share Forecast, 2019-2026
9. Europe Aerobridge Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Aerobridge Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Aerobridge Market Size and Volume Forecast by Applications
9.4.1. Civilian Aircraft
9.4.2.
Commercial Aircraft
9.4.3.
Military Aircraft
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Aerobridge Demand Share Forecast, 2019-2026
10. Asia Pacific Aerobridge Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Aerobridge Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Aerobridge Market Size and Volume Forecast by Applications
10.4.1. Civilian Aircraft
10.4.2.
Commercial Aircraft
10.4.3.
Military Aircraft
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Aerobridge Demand Share Forecast, 2019-2026
11. Middle East & Africa Aerobridge Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Aerobridge Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Aerobridge Market Size and Volume Forecast by Applications
11.4.1. Civilian Aircraft
11.4.2.
Commercial Aircraft
11.4.3.
Military Aircraft
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Aerobridge Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Aerobridge Market: Market Share Analysis
12.2. Aerobridge Distributors and Customers
12.3. Aerobridge Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. ADELTE
12.4.2.
FMT
12.4.3.
HÃœBNER
12.4.4.
JBT AeroTech
12.4.5.
Thyssenkrupp