PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1399673
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1399673
Airport passenger boarding bridge market is predicted to record over 8% CAGR from 2023 to 2032, propelled by a convergence of powerful forces reshaping the travel infrastructure landscape. The surge in air travel, coupled with an increasing demand for seamless passenger experiences, is steering the development of innovative solutions.
The ongoing expansions in airport infrastructure and a heightened focus on bolstering operational efficiency throughout the aviation sector will also add to the industry share. For instance, as of 2022, India had nearly 450 airstrips across the country, but by 2024, the goal is to add 100 new airports, as per AAI (Airports Authority of India).
The airport passenger boarding bridge market is classified based on type, model type, technology, material, point of sale, structure, and region.
The fixed passenger boarding bridge segment is expected to witness substantial growth through 2032, owing to their reliability and efficiency in providing a direct and secure connection between the terminal and the aircraft. The fixed boarding bridges not only streamline the boarding process but also contribute to the overall safety & convenience of passengers and airline staff.
The electrical bridges segment will register high demand by 2032 as these cutting-edge bridges leverage advanced electrical systems to enhance operational efficiency, reduce environmental impact, and improve overall safety. The integration of smart technologies, such as automated controls and energy-efficient features, sets electrical bridges apart. The growing emphasis on sustainable aviation practices and the need for cost-effective solutions contribute to the soaring demand for electrical bridges.
Europe airport passenger boarding bridge market is anticipated to record strong CAGR during the forecast period owing to the continuous development of airport infrastructure and a high level of technological adoption. The region's airports are increasingly investing in state-of-the-art boarding bridge solutions to accommodate the rising number of travelers and meet stringent safety and environmental standards. The proactive approach toward passenger satisfaction will further present lucrative opportunities for key players in the industry.