The aerobridge market size has grown marginally in recent years. It will grow from $8.24 billion in 2023 to $8.4 billion in 2024 at a compound annual growth rate (CAGR) of 2.0%. The growth observed in the historical period can be attributed to several factors, including the increase in air traffic, airport modernization initiatives, the emphasis on safety and convenience, rising expectations in air travel experiences, and improvements in aircraft sizes. These elements collectively contributed to the increased demand and adoption of aerobridges, enhancing the efficiency and passenger experience in air travel during the historical period.
The aerobridge market size is expected to see steady growth in the next few years. It will grow to $9.14 billion in 2028 at a compound annual growth rate (CAGR) of 2.1%. The anticipated growth in the forecast period can be attributed to several factors, including the expansion and development of airports, an increase in air passenger traffic, green initiatives in aviation, a growing demand for contactless solutions, and a heightened focus on enhancing the overall passenger experience. Key trends expected in the forecast period encompass the development of smart airports, the adoption of flexible and adaptable designs, the implementation of energy-efficient solutions, the integration of IoT (Internet of Things) and connectivity, and the enhancement of accessibility features. These trends collectively contribute to the continued evolution and improvement of aerobridge technologies and airport infrastructure.
The anticipated rise in air passenger traffic stands as a significant catalyst propelling the expansion of the aerobridge market. Air passenger traffic refers to the volume of passengers traveling via air transport services between destinations. This increased demand for air travel has spurred the development and deployment of aerobridges, facilitating seamless boarding and disembarking of passengers. Notably, in March 2023, data from the Bureau of Transportation Statistics (BTS) indicated a substantial surge in passengers transported by U.S. airlines, soaring to 853 million passengers throughout 2022, a notable increase of 30% from the previous year. This surge in air travel demand signifies a notable uptick in the need for aerobridges, driving the growth of the aerobridge market to accommodate the escalating passenger traffic.
The burgeoning tourism industry is poised to significantly contribute to the burgeoning aerobridge market. The tourism sector encompasses a spectrum of economic activities related to leisure, recreation, or business travel. Within this realm, aerobridges play a pivotal role in enhancing the passenger experience, facilitating direct access from terminal buildings to aircraft without the need for stairs or buses. In May 2023, data released by the United Nations World Tourism Organization underscored a robust rebound in international tourist arrivals, reaching 80% of pre-pandemic levels in the first quarter of 2023, totaling around 235 million travelers - a substantial increase compared to the same period in 2022. The tourism industry exhibited remarkable resilience, with revised data for 2022 showcasing over 960 million international tourists venturing abroad, marking a recovery of two-thirds (66%) of pre-pandemic levels. This resurgence in tourism highlights the sector's resilience and growth potential, thereby bolstering the demand for aerobridges to support the industry's travel needs, consequently driving the growth of the aerobridge market.
Technological advancements are emerging as a pivotal trend shaping the aerobridge market landscape, with major companies directing their focus towards pioneering product solutions to fortify their market positions. An illustrative example occurred in September 2022 when CIMC Group Ltd., a China-based logistics and energy equipment manufacturer, introduced unmanned intelligent jet boarding bridges. These innovative bridges boast advanced cabin door recognition and positioning systems, transmitting real-time data to an AI-driven autonomous control system. As independent machines, these bridges alleviate employee workloads, reduce operational costs for airports, and foster the evolution of automated and intelligent airport infrastructures, signifying a leap towards efficiency and modernization.
Prominent entities within the aerobridge market are actively developing cutting-edge products such as glass aerobridges to cater to expanded customer bases, amplify sales, and augment revenue streams. Glass aerobridges serve as extendable passageways linking airport terminals to aircraft, ensuring passengers' safe and convenient boarding and disembarkation. In November 2021, Gold Coast Airport, an Australia-based airport, installed four jet bridges, each weighing 31 tons and extending from 22 to 40 meters when deployed. These bridges are anchored with substantial hold-down bolts, exceeding two meters in height and 1.4 meters in width. Noteworthy for their unique design, these glass aerobridges provide passengers with panoramic views of the picturesque Gold Coast and northern NSW region. Distinguished by their green-tinted glass, these aerobridges stand out as an aesthetic attraction, offering a distinctive travel experience for passengers engaging in both international and domestic flights. This innovative approach underscores a commitment to providing enhanced travel experiences while infusing a sense of architectural distinction within airport facilities.
In January 2023, Fernweh Group LLC, a private equity investment firm headquartered in the United States, and Dabico Corporation, a manufacturer specializing in transportation infrastructure solutions, jointly acquired A-Bridge, LLC. The acquisition's financial details remain undisclosed. This strategic acquisition is anticipated to bolster and fortify the global aviation, transportation, and logistics infrastructure platform operated by Fernweh and Dabico. A-Bridge LLC, the company acquired in this transaction, is a United States-based manufacturer renowned for producing passenger boarding bridges, spare parts, and offering comprehensive airport maintenance services.
Major companies operating in the aerobridge market report are Bukaka Teknik Utama Tbk PT, Thyssenkrupp AG, Mitsubishi Heavy Industries Ltd., CIMC Group Ltd., TK Elevator GmbH, Hyundai Rotem Company, John Bean Technologies Corporation, Shinmaywa Industries Ltd., CIMC-TianDa Holdings Company Limited, Hubner GmbH & Co Kg, Saudi Ground Services Co., ADELTE Group, Cavotec SA, Deerns Group BV, AERO BridgeWorks Inc., Mallaghan Engineering Ltd., Cimolai Technology S.p.A., Jiangsu Tianyi Aviation Industy Co. Ltd., Airport Equipment Ltd., Ameribridge Inc., FMT Airport Gate Support Systems AB, TIPS GSE, Equipos Industriales De Manutencion S.A. (EINSA), Aviramp GSE, AD McCallum & Son Pty Ltd., Muhibbah Airline Support Industries Sdn Bhd, Dimaim Systems SL, Smart Airport Systems (SAS), Avicorp Middle East FZCO, Vataple Machinery (Kunshan) Co. Ltd.
Asia-Pacific was the largest region in the aerobridge market in 2023. The regions covered in the aerobridge market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerobridge market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The main types of aerobridge products include apron drive, noseloader, t-bridge, commuter bridge, and others. Apron drive aerobridges are designed to enable passengers to board and disembark from aircraft quickly, safely, and with enhanced comfort. The wall structures of these aerobridges are typically constructed with steel and glass and are powered by various elevation systems, such as hydraulic and electromechanical. Aerobridges find application in various contexts, including civilian aircraft, commercial aircraft, and military aircraft, contributing to the seamless and secure movement of passengers between the terminal and the aircraft.
The aerobridge market research report is one of a series of new reports that provides aerobridge market statistics, including aerobridge industry global market size, regional shares, competitors with a aerobridge market share, detailed aerobridge market segments, market trends and opportunities, and any further data you may need to thrive in the aerobridge industry. This aerobridge market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aerobridge market consists of sales of air bridge, jet bridge, jetway, and sky bridge. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The aerobridge market size is expected to see steady growth in the next few years. It will grow to $9.14 billion in 2028 at a compound annual growth rate (CAGR) of 2.1%. The anticipated growth in the forecast period can be attributed to several factors, including the expansion and development of airports, an increase in air passenger traffic, green initiatives in aviation, a growing demand for contactless solutions, and a heightened focus on enhancing the overall passenger experience. Key trends expected in the forecast period encompass the development of smart airports, the adoption of flexible and adaptable designs, the implementation of energy-efficient solutions, the integration of IoT (Internet of Things) and connectivity, and the enhancement of accessibility features. These trends collectively contribute to the continued evolution and improvement of aerobridge technologies and airport infrastructure.
The anticipated rise in air passenger traffic stands as a significant catalyst propelling the expansion of the aerobridge market. Air passenger traffic refers to the volume of passengers traveling via air transport services between destinations. This increased demand for air travel has spurred the development and deployment of aerobridges, facilitating seamless boarding and disembarking of passengers. Notably, in March 2023, data from the Bureau of Transportation Statistics (BTS) indicated a substantial surge in passengers transported by U.S. airlines, soaring to 853 million passengers throughout 2022, a notable increase of 30% from the previous year. This surge in air travel demand signifies a notable uptick in the need for aerobridges, driving the growth of the aerobridge market to accommodate the escalating passenger traffic.
The burgeoning tourism industry is poised to significantly contribute to the burgeoning aerobridge market. The tourism sector encompasses a spectrum of economic activities related to leisure, recreation, or business travel. Within this realm, aerobridges play a pivotal role in enhancing the passenger experience, facilitating direct access from terminal buildings to aircraft without the need for stairs or buses. In May 2023, data released by the United Nations World Tourism Organization underscored a robust rebound in international tourist arrivals, reaching 80% of pre-pandemic levels in the first quarter of 2023, totaling around 235 million travelers - a substantial increase compared to the same period in 2022. The tourism industry exhibited remarkable resilience, with revised data for 2022 showcasing over 960 million international tourists venturing abroad, marking a recovery of two-thirds (66%) of pre-pandemic levels. This resurgence in tourism highlights the sector's resilience and growth potential, thereby bolstering the demand for aerobridges to support the industry's travel needs, consequently driving the growth of the aerobridge market.
Technological advancements are emerging as a pivotal trend shaping the aerobridge market landscape, with major companies directing their focus towards pioneering product solutions to fortify their market positions. An illustrative example occurred in September 2022 when CIMC Group Ltd., a China-based logistics and energy equipment manufacturer, introduced unmanned intelligent jet boarding bridges. These innovative bridges boast advanced cabin door recognition and positioning systems, transmitting real-time data to an AI-driven autonomous control system. As independent machines, these bridges alleviate employee workloads, reduce operational costs for airports, and foster the evolution of automated and intelligent airport infrastructures, signifying a leap towards efficiency and modernization.
Prominent entities within the aerobridge market are actively developing cutting-edge products such as glass aerobridges to cater to expanded customer bases, amplify sales, and augment revenue streams. Glass aerobridges serve as extendable passageways linking airport terminals to aircraft, ensuring passengers' safe and convenient boarding and disembarkation. In November 2021, Gold Coast Airport, an Australia-based airport, installed four jet bridges, each weighing 31 tons and extending from 22 to 40 meters when deployed. These bridges are anchored with substantial hold-down bolts, exceeding two meters in height and 1.4 meters in width. Noteworthy for their unique design, these glass aerobridges provide passengers with panoramic views of the picturesque Gold Coast and northern NSW region. Distinguished by their green-tinted glass, these aerobridges stand out as an aesthetic attraction, offering a distinctive travel experience for passengers engaging in both international and domestic flights. This innovative approach underscores a commitment to providing enhanced travel experiences while infusing a sense of architectural distinction within airport facilities.
In January 2023, Fernweh Group LLC, a private equity investment firm headquartered in the United States, and Dabico Corporation, a manufacturer specializing in transportation infrastructure solutions, jointly acquired A-Bridge, LLC. The acquisition's financial details remain undisclosed. This strategic acquisition is anticipated to bolster and fortify the global aviation, transportation, and logistics infrastructure platform operated by Fernweh and Dabico. A-Bridge LLC, the company acquired in this transaction, is a United States-based manufacturer renowned for producing passenger boarding bridges, spare parts, and offering comprehensive airport maintenance services.
Major companies operating in the aerobridge market report are Bukaka Teknik Utama Tbk PT, Thyssenkrupp AG, Mitsubishi Heavy Industries Ltd., CIMC Group Ltd., TK Elevator GmbH, Hyundai Rotem Company, John Bean Technologies Corporation, Shinmaywa Industries Ltd., CIMC-TianDa Holdings Company Limited, Hubner GmbH & Co Kg, Saudi Ground Services Co., ADELTE Group, Cavotec SA, Deerns Group BV, AERO BridgeWorks Inc., Mallaghan Engineering Ltd., Cimolai Technology S.p.A., Jiangsu Tianyi Aviation Industy Co. Ltd., Airport Equipment Ltd., Ameribridge Inc., FMT Airport Gate Support Systems AB, TIPS GSE, Equipos Industriales De Manutencion S.A. (EINSA), Aviramp GSE, AD McCallum & Son Pty Ltd., Muhibbah Airline Support Industries Sdn Bhd, Dimaim Systems SL, Smart Airport Systems (SAS), Avicorp Middle East FZCO, Vataple Machinery (Kunshan) Co. Ltd.
Asia-Pacific was the largest region in the aerobridge market in 2023. The regions covered in the aerobridge market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerobridge market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The main types of aerobridge products include apron drive, noseloader, t-bridge, commuter bridge, and others. Apron drive aerobridges are designed to enable passengers to board and disembark from aircraft quickly, safely, and with enhanced comfort. The wall structures of these aerobridges are typically constructed with steel and glass and are powered by various elevation systems, such as hydraulic and electromechanical. Aerobridges find application in various contexts, including civilian aircraft, commercial aircraft, and military aircraft, contributing to the seamless and secure movement of passengers between the terminal and the aircraft.
The aerobridge market research report is one of a series of new reports that provides aerobridge market statistics, including aerobridge industry global market size, regional shares, competitors with a aerobridge market share, detailed aerobridge market segments, market trends and opportunities, and any further data you may need to thrive in the aerobridge industry. This aerobridge market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aerobridge market consists of sales of air bridge, jet bridge, jetway, and sky bridge. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Aerobridge Market Characteristics3. Aerobridge Market Trends and Strategies32. Global Aerobridge Market Competitive Benchmarking33. Global Aerobridge Market Competitive Dashboard34. Key Mergers and Acquisitions in the Aerobridge Market
4. Aerobridge Market - Macro Economic Scenario
5. Global Aerobridge Market Size and Growth
6. Aerobridge Market Segmentation
7. Aerobridge Market Regional and Country Analysis
8. Asia-Pacific Aerobridge Market
9. China Aerobridge Market
10. India Aerobridge Market
11. Japan Aerobridge Market
12. Australia Aerobridge Market
13. Indonesia Aerobridge Market
14. South Korea Aerobridge Market
15. Western Europe Aerobridge Market
16. UK Aerobridge Market
17. Germany Aerobridge Market
18. France Aerobridge Market
19. Italy Aerobridge Market
20. Spain Aerobridge Market
21. Eastern Europe Aerobridge Market
22. Russia Aerobridge Market
23. North America Aerobridge Market
24. USA Aerobridge Market
25. Canada Aerobridge Market
26. South America Aerobridge Market
27. Brazil Aerobridge Market
28. Middle East Aerobridge Market
29. Africa Aerobridge Market
30. Aerobridge Market Competitive Landscape and Company Profiles
31. Aerobridge Market Other Major and Innovative Companies
35. Aerobridge Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Aerobridge Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aerobridge market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for aerobridge? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Product Type: Apron Drive; Noseloader; T-Bridge; Commuter Bridge; Other Types
2) By Wall Structure: Steel; Glass
3) By Elevation System: Hydraulic; Electromechanical
4) By Application: Civilian Aircraft; Commercial Aircraft; Military Aircraft
Key Companies Mentioned: Bukaka Teknik Utama Tbk PT; Thyssenkrupp AG; Mitsubishi Heavy Industries Ltd.; CIMC Group Ltd.; TK Elevator GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Bukaka Teknik Utama Tbk PT
- Thyssenkrupp AG
- Mitsubishi Heavy Industries Ltd.
- CIMC Group Ltd.
- TK Elevator GmbH
- Hyundai Rotem Company
- John Bean Technologies Corporation
- Shinmaywa Industries Ltd.
- CIMC-TianDa Holdings Company Limited
- Hubner GmbH & Co Kg
- Saudi Ground Services Co.
- ADELTE Group
- Cavotec SA
- Deerns Group BV
- AERO BridgeWorks Inc.
- Mallaghan Engineering Ltd.
- Cimolai Technology S.p.A.
- Jiangsu Tianyi Aviation Industy Co. Ltd.
- Airport Equipment Ltd.
- Ameribridge Inc.
- FMT Airport Gate Support Systems AB
- TIPS GSE
- Equipos Industriales De Manutencion S.A. (EINSA)
- Aviramp GSE
- AD McCallum & Son Pty Ltd.
- Muhibbah Airline Support Industries Sdn Bhd
- Dimaim Systems SL
- Smart Airport Systems (SAS)
- Avicorp Middle East FZCO
- Vataple Machinery (Kunshan) Co. Ltd.
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 8.4 Billion |
Forecasted Market Value ( USD | $ 9.14 Billion |
Compound Annual Growth Rate | 2.1% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |