NEW YORK, May 13, 2021 /PRNewswire/ --Â
The aerobridge market is set to grow by USD 261.16 million, progressing at a CAGR of almost 5% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
- Advertisement -
Â
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. A.D. McCallum and Son, ADELTE Group SL, CIMC Tianda Holdings Co. Ltd., Deerns Groep BV, FMT Aircraft Gate Support Systems AB, John Bean Technologies Corp., Mitsubishi Heavy Industries Ltd., PT Bukaka Teknik Utama Tbk, ShinMaywa Industries Ltd., and ThyssenKrupp AG are some of the major market participants. Factors such as the increased demand for larger aircraft, the inclusion of aerobridges as a part of airport expansions, and the deployment of aerobridges in tier-2 cities of emerging economies will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.