The Airport Passenger Boarding Bridge Market size is estimated at USD 2.09 billion in 2024, and is expected to reach USD 2.68 billion by 2029, growing at a CAGR of 5.11% during the forecast period (2024-2029).
The passenger boarding bridges market is consolidated in nature, and leading market players are Thyssenkrupp AG, Mitsubishi Heavy Industries, Ltd., ShinMaywa Industries Ltd, ADELTE Group S.L., and FMT Sweden AB, among others. The countries in Asia-Pacific and the Middle East represent almost 50% of the global future airport infrastructure improvement and development programs and offer lucrative growth opportunities for the market players. Passenger boarding bridge manufacturers are currently looking at these regions to expand their clientele. Strategic acquisitions and partnerships, along with the establishment of manufacturing and production facilities locally, can be helpful for players to establish a foothold in the local and regional markets.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook