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Market Research Report

Jet Bridge/Passenger Boarding Bridge market Market Report Forecast, Industry Size, Share, Demand, Industry Overview, Regional Segmentation, Growth Opportunities, Key Players & Forecast 2017-2025, Global Research Report

Published On : 2018-05-09 Report Page : 285 Category: Aviation & Defense

Global Jet Bridge Market Outlook 2017-2025

Market Overview

Jet Bridge facilitates the movement of passengers from terminal gates to flights. Jet bridges also known as aerobridge depends upon the aircraft size, height and fuel position. Jets bridges do not let the passenger exposure to outer environment, which is beneficial in course of extreme weather conditions like snow or rain. As per customer demands, the jet bridges are tailored and developed in-house. Technology innovation provides advanced controls for operator assisted docking, making flights turn faster and smoother. At large airports two smaller jets such as Boing 737s or Airbus A320s can be accommodated through single terminal gate simultaneously. Smaller airports usually don’t use jet bridges, instead they opt for flight stairs or wheelchair lifts. Terminal gate allow one aircraft to park at a time, thus disadvantages of jet bridges occurs at the airports short of terminals, when airlines removes the jet bridges to accommodate two or more regional aircrafts per gate.

Goldstein Research analyst forecast that the global jet bridge market size is set to reach USD 1.4 billion by 2025, growing at a CAGR of 8.2% over the forecast period. The technological developments, manufacturers, aircraft traffic, airport infrastructure development, number of terminal gates, size and height of the aircraft are some the factors boosting the growth of global jet bridge market.

By Target Audience

  • OEM’s
  • Component Manufacturers
  • Airport Agencies
  • Investors
  • Research and Development Centers

Covered in This Global Jet Bridge Market Report

The report covers the present ground scenario and the future growth prospects of the jet bridge market for 2017-2025 along with the global sales and global revenue of the jet bridge. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe. We have forecast the market on the basis of jet bridge manufacturers, component manufacturers, number of jet bridges equipped at airports, investments, mergers and acquisitions, gate equipment data.

Global Jet Bridge Market Segmentation

By Product Type

  • Fixed Jet Bridge
  • Movable Jet Bridge

By Structure

  • Over-The-Wing Bridges
  • Mobile Telescopic Bridges (Apron Drive)
  • Nose- Loader Bridges
  • T-Bridges
  • Commuter Bridges

By Material

  • Glass Tunnels
  • Steel Tunnels

By Elevation System

  • Hydraulic
  • Electromechanical

Based on Geography

  • North America (U.S. & Canada)  Jet Bridge Market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America)  Jet Bridge Market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE)  Jet Bridge Market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)  Jet Bridge Market {Market Share (%), Market Size (USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA)  Jet Bridge Market {Market Share (%), Market Size (USD Billion)}

On the basis of product type, over-the-wing bridges segment accounted for largest market share in 2017, for its advantages over the turnaround time taken by aircrafts, which is reduced by 50%, and the complete docking system once it is started, is entirely computer controlled. Movable jet bridges are advantageous over the use of fixed jet bridges on account of the adjustments made as per the aircraft size and turning angles. Thus, movable jets segment is expected to grow at a CAGR of 8.3% over the forecast period.

Jet bridge market outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the jet bridge market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global jet bridge market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Market Trends, Drivers and Challenges

Jet bridge technology advancement is in trend that impedes the growth of global jet bridge market. Aggressive R&D is in process towards automating the docking technology. Proper docking is necessary to avoid any delays and mishaps, and the innovative technology can automate the docking process with precision. Singapore Technologies Engineering is set to develop this technology over the next 5-6 years.

The investments made on the airport infrastructure by different governments for the convenience, accessibility, and lasting impression on the travellers at the airport, is the major driving factor impacting the growth of the jet bridges at the airports, equipped with advanced technology.

Jet bridges are still lagging in the automation processes while docking, loading and unloading the passengers. Cases have been registered of the jet bridge failure, resulting in casualties. The major reason behind these accidents is improper bridging and docking.

Global Jet Bridge Market Analysis

Based on geography, North America accounted for largest market share of 44.6% in 2017 of the total global jet bridge market. North America has largest number of airports, which are well equipped with jet bridges. Europe has largest number of jet bridge manufacturers such as FMT and Adelte that accounts for the growth of Europe jet bridge market at a rate of 9.3% annually. Asia-Pacific jet bridge market, over the forecast period is expected to escalate at a CAGR of 8.73%, on the back of rising aircraft traffic, tourism and airport infrastructure development in the countries such as Indonesia, Singapore, New Zealand, which are among the top airport rankers.  

Key Players

Global jet bridge market report comprises of the following companies as the key players in the jet bridge market: JBT Corporations, Adelte Airport Technologies, FMT Airport System, Avicorp Middle East, ThyssenKrupp Airport System, CIMC Airport Facilities, Singapore Technologies Engineering, Airport Equipment.   

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Jet Bridge Market Report

  • What is the total market size by 2025 and what would be the expected growth rate?
  • What is the revenue of jet bridge market in 2016-17 and what would be the expected demand over the forecasted period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who all are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Jet Bridge/Passenger Boarding Bridge market Market Report Forecast, Industry Size, Share, Demand, Industry Overview, Regional Segmentation, Growth Opportunities, Key Players & Forecast 2017-2025, Global Research Report

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