Airport Passenger Boarding Bridge Market Size

Airport Passenger Boarding Bridges Market Analysis

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 COVID-19 pandemic deleteriously impacted the market as the demand was reduced to minimal due to the imposition of global lockdown restrictions that also halted the ongoing or envisioned airport infrastructure construction or modernization initiatives. However, post the pandemic, the market has registered sustained growth on account of airport infrastructure development projects that are being initiated to sustain air traffic passenger growth.
• The construction of new airports and the expansion of the existing airports in order to accommodate the increasing air passenger traffic is one of the primary drivers for the adoption and installation of the different types of passenger boarding bridges to facilitate the movement of passengers between the aircraft and the airport terminal, driving the business prospects of the market players during the forecast period. Thus, the enhanced investments in airport infrastructure are anticipated to drive the growth of the airport passenger boarding bridges market.
• Passenger safety is a primary concern for aviation authorities. However, due to inadequate training or operational glitches of the sensors installed on the passenger boarding bridges, there have been some incidents that have compromised the safety of passengers and the aircraft on the ground. These accidents have primarily been confined to the gate and apron area. They have resulted in damaging both the aircraft and the airport infrastructure while disrupting passenger services and raising safety concerns. Accidents caused by passenger boarding bridges are urging airlines to invest in other safety measures.