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Aerobridge Market Share

Report ID: GMI4497
Published Date: Jul 2021
Report Format: PDF

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Aerobridge Market Share

The key product manufacturers operating in the market are:

Thyssenkrupp
JBT Corporation
Vataple Machinery (Kunshan) Co., Ltd.
ADELTE – The Boarding Company
PT Bukaka Teknik Utama Tbh
ShinMaywa Industries, Ltd.
Airport Equipment
Muhibbah Airline Support Industries Sdn Bhd (MASI)
FMT Sweden AB
and CIMC-TianDa.

The companies are constantly working on research & development activities to gain a competitive advantage by launching new products or upgrading existing products to increase operational capability and efficiency. They are also working on forming strategic partnerships and collaborations to further diversify their product portfolios and enhance their distribution networks. Various industry players are also working on expanding their business foothold and expand beyond their boundaries to support their business revenue. Also, participants are working on improving the efficiency of the product by integrating cutting-edge technologies and making the product more convenient for use.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

Market size of aerobridge exceeded USD 8 billion in 2020 and will expand at a CAGR of 1.2% between 2021 and 2027.

Glass aerobridges market revenue will surpass USD 5.5 billion through 2027 as they offer beautiful experiences for passengers and reduce the possibility of claustrophobia.

Hydraulic elevation systems will register USD 6 billion in valuation by 2027 owing to increasing deployment in aerobridges for smooth elevation operations and the reduction of operating costs.

The overall market revenue from movable aerobridges was recorded at USD 7.5 billion in 2020 and will grow on account of their enhanced operational flexibility and excellence.