LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global aerobridge market size is projected to grow to USD 1,097.3 million by 2021, at a CAGR of close to 6% over the forecast period.
This research report titled ‘Global Aerobridge Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes an up to date analysis and forecasts for various market segments and all geographical regions.
Aerobridges are employed to assist passengers with mobility impairments and shelter passengers from the weather, engine blast, and dust. One of the key driving factors enabling the growth of this market is the rise in passenger traffic, which necessitated the inclusion of more efficient, time-saving passenger boarding bridges such as aerobridges to ensure smooth operations.
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Based on product type, the report categorizes the global aerobridge market into the following segments:
- Apron drive aerobridge
- Commuter aerobridge
- Dual aerobridge
- Nose-loader aerobridge
The top three revenue-generating product segments in the global aerobridge market are discussed below:
Apron drive aerobridge
“Apron drive aerobridges are the most commonly used aerobridges, contributing over 43% of the overall market revenue. These aerobridges include rotunda, tunnel, drive column, safety bar, engineer's stairs, operator cabin, and canopy,” says Avimanyu Basu, a lead analyst at Technavio for aerospace research.
Apron drive aerobridges are among the most preferred passenger boarding bridges, whose three-dimensional movement offers the operators maximum flexibility. Their ability to contract when not in operation is the extremely appealing, resulting in their increased adoption.
Commuter aerobridges are the oldest type of passenger boarding bridges in operation. They provide basic protection from the elements until the passenger boards the flight. These bridges rotate around a fixed point and can condense as a tunnel section when not in use. Commuter aerobridges were responsible for generating over 20% of the overall revenue, with the highest adoption in small airports all over the world. Currently, the adoption of these aerobridges is witnessing a decline due to drawbacks such as partial exposure to the elements and restricted range of movement.
“Dual aerobridges are suited for large-sized aircraft, where both the front and rear doors, or doors of both the lower and upper decks are used for the entry and exit of passengers. The use of these bridges minimizes the time taken by passengers to board and off-board the flight, thereby reducing the layover time,” says Avimanyu.
Dual aerobridges prove to be extremely beneficial during emergencies when swift offloading of the passengers becomes crucial. These aerobridges will witness the quickest growth rate, with a CAGR of close to 7% over the forecast period.
The top vendors highlighted by Technavio’s research analysts in this report are:
- ADELTE Group
- JBT AeroTech
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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