Passenger Boarding Bridge Market Worth USD 1,078.0 Million by 2021 - Modernization of Existing Airports Driving Growth - Research and Markets
DUBLIN, June 14, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Passenger Boarding Bridge Market - Global Forecast to 2021" report to their offering.
The global passenger boarding bridge market is projected to grow from USD 750.0 Million in 2016 to USD 1,078 Million by 2021, at a CAGR of 7.5% during the forecast period. Factors such as modernization of existing airports and refurbishment of existing equipment, and increasing passenger traffic are expected to drive the global passengers boarding bridge market between 2016 and 2021.
The overall market is dominated by the apron drive bridge segment as of 2016, and this segment is expected to witness the highest growth in the coming years. This can be attributed to the rising demand for light or medium-sized passenger boarding bridges, primarily driven by enhanced mobility and maneuverability offered by the apron drive bridge.
The Asia-Pacific region is expected to exhibit highest growth in the passengers boarding bridge market during the forecast period. This rapid growth can be attributed to increasing modernization of existing airports and greenfield runway projects in China, India, Australia, and many other countries.
Airlines in China are introducing various aircraft models to serve passengers from busy routes to untapped regional routes in order to facilitate business and leisure travel. To support this trend, Chinese airport authorities increased their focus to upgrade airport infrastructure, which is aimed at enhancing passenger satisfaction.
Companies Mentioned:
- Adelte Group
- Airport Equipment Ltd.
- Ameribridge, Inc
- CIMC Group Ltd.
- FMT Aircraft Gate Support Systems AB
- Hubner GmbH & Co. Kg.
- John Bean Technologies Corp.
- MHI-TES
- PT Bukaka Teknik Utama TBK
- Shinmaywa Industries Ltd
- Thyssenkrupp AG
- Vataple Group Ltd.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Passenger Boarding Bridge Market, By Application
8 Passenger Boarding Bridge Market, By Drive System
9 Passenger Boarding Bridge Market, By Product
10 Passenger Boarding Bridge Market, By Structure
11 Passenger Boarding Bridge Market, By Model
12 Passenger Boarding Bridge Market, By Type
13 Regional Analysis
14 Competitive Landscape
15 Company Profile
For more information visit http://www.researchandmarkets.com/research/tm6596/passenger
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