Passenger Boarding Bridge Market Size 2023-2030 Global Industrial Analysis, Market Share, Top Key Players

Passenger Boarding Bridge Market

The global passenger boarding bridge market size was worth around USD 312.56 Million in 2022 and is predicted to grow to around USD 473.65 Million by 2030 with a compound annual growth rate (CAGR) of roughly 5.36% between 2023 and 2030.

The report analyzes the global passenger boarding bridge market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the passenger boarding bridge industry.

Global Passenger Boarding Bridge Market: Overview

The passenger boarding bridge (PBB) is also commonly referred to as a sky bridge, jet bridge, and air bridge. It is an elevated, enclosed passageway extending from the gate of the airport terminal to an airplane. This enables the passengers to board and debark without any need to go outside. Depending on the installation, passenger boarding bridges are available in several configurations and are movable or fixed.

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Global Passenger Boarding Bridge Market: Growth Factors

The global passenger boarding bridge market is growing at a faster rate. Factors such as a significant rise in the number of air travel passengers, huge investment in the development of the airports, and growing need for the passenger boarding bridge for the convenience of the passengers are spurring the growth of the global passenger boarding bridge market.

The passenger boarding bridge offers a broad spectrum of advantages as compared to the mobile boarding stairs. With the use of a passenger boarding bridge, the passengers are not exposed to moving aircraft, vehicle traffic, prop wash, weather extremes, temperature, or any other safety risks that are present in a ramp area. As the PBB eliminates the use of stairs, access for the infirm, elderly, as well as wheelchairs is highly facilitated. The use of PBB also reduces the potential security risks related to the access of passengers to the ramp.

Overall, safety, security, ease of access, the comfort of passengers, and reduced manpower requirement are some of the benefits of the passenger boarding bridge which leads to the rise in demand for the PBB. This is driving the growth of the global market.

Moreover, airfares at affordable prices rise in tourism and the growing tourism sector are also factors that are boosting the growth of the market. Furthermore, the rise in automation and integration of artificial intelligence into passenger boarding bridges may lead to huge opportunities for the growth of the global passenger boarding bridge market over the forecast period. However, the high cost associated with the purchase of a new PBB & its installation and poor operator technique or inappropriate operator training may lead to aircraft damage. These factors may hinder the growth of the global passenger boarding bridge market.

As a preventive measure and to control the spread of the coronavirus disease, the governments of most countries across the world enforced strict lockdowns and restrictions on movement. This negatively impacted the tourism sector. The facility of air travel was closed to prevent traveling of people across the countries. In addition to this, the manufacturers of the PBB also experienced a negative impact on the business due to disruption in the supply chain and unavailability of workers. Thus, all these factors have led to a decrease in the demand for the PBB which has hampered the growth of the global passenger boarding bridge market.

Global Passenger Boarding Bridge Market: Segmentation

The global passenger boarding bridge market is divided into product type, docking type, structure, foundation, elevation system, and region. Based on the product type, the global passenger boarding bridge market is bifurcated into commuter bridges, T-bridges, Apron drive, over-the-wing bridges, and nose-loader bridges. Based on the docking type, the global market is split into intelligent and manual. The structure segment is categorized into glass-steel-walled, steel-walled, and glass-walled. Based on the foundation, the global market is classified as movable and fixed. The elevation system segment is fragmented into electro-mechanical and hydraulic.

Global Passenger Boarding Bridge Market: Regional Analysis

Regionally, North America is anticipated to account for the largest share of the global passenger boarding bridge market over the forecast period followed by Europe. This is due to the rise in the number of air travelers for business as well as tourism, well-established airports with state-of-the-art infrastructure, and growing demand for over-the-wing bridges with the rise in the use of large aircraft. Europe is estimated to contribute to a significant share of the market. The market in Asia Pacific is expected to grow at a lucrative rate owing to affordable airfares, rapidly growing airports in India & China, and growing concerns about the safety & convenience of passengers.

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