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Aerobridge Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast 2025

Author : Ronak Bora | Published Date : 2020-08-27 

Global aerobridge market has emerged as one of the most lucrative verticals in recent years. Owing to favorable trends linked with growing passenger traffic traveling from airplanes, the industry is poised to observe appreciable growth trends in the coming years.

Increasing prominence of the global aviation market and growing focus of carriers towards the passengers are likely to push the aerobridge market demand in the future. In addition, growing disposable income levels and increasingly changing lifestyles across the world have further led to an upsurge in the air travel for business as well as traveling purposes.

Meanwhile, falling air ticket prices owing to heavy competition in the aerospace market is likely to push the market size through 2025 as it makes air travel affordable for more people. In fact, as per the IATA (The International Air Transport Association) reports, passenger numbers are predicted to reach up to 8.2 billion by 2037. All these growth prospects are further compelling airlines to transform their infrastructure to attract more consumers.

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According to a research report by Global Market Insights, Inc., global aerobridge market is estimated to exceed $8.5 billion by 2025.

With reference to the wall structure segment, steel-walled jet bridges are anticipated to dominate the segment share in the forthcoming timespan. The steel-walled jet bridges segment is estimated to surpass $3.5 billion by the end of the projected timeframe.

These jet bridges have extensive use for advertising agencies. The agencies use them for brand promotions. They are a vital element for outdoor advertising and also give an opportunity to efficiently transmit brand message to several passengers each day.

Speaking of the product segment, noseloaders are projected to exceed 1,500 units by 2025. In noseloader jet bridges, the tunnel moves across two axes, horizontal and vertical. This extensive ability is likely to foster the segment share in the coming years, thereby driving the market growth.

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With respect to the regional landscape, the overall aerobridge market is projected to record considerable growth in the Asia Pacific, Latin America, Europe, North America and Middle East and Africa.

Among these, the Asia Pacific region is likely to dominate the overall aerobridge market share across the forecast timeframe. The region is also slated to be among the fastest-growing areas for the market. Growing passenger traffic is the key factor augmenting the industry size in the region. In addition, proposed airport expansion and ongoing development of associated infrastructure are likely to help propel the overall industry outlook by 2025.

The global aerobridge market size, in the years to come, is likely to witness lucrative growth trends and may provide growth opportunities for numerous companies. The aerobridge market competitive landscape is inclusive of players like JBT Corporation, FMT Sweden AB, ShinMaywa Industries, PT Bukaka Teknsik Utama Tbk, Thyssenkrupp, ADELTE - The Boarding Company, and CIMC-TianDa among others.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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