Passenger Boarding Bridge Market worth $7.5 Billion by 202 Passenger Boarding Bridge Market by Airport Type - 2020 12/22/2014 MarketsandMarkets
Passenger Boarding Bridge Market worth $7.5 Billion by 2020 According to a new market research report of “Passenger Boarding Bridge Market by Airport Type (Class A, Class B & Class C)) by PBB Type (Apron Drive, Radial, Fixed Pedestal, Elevated “T”, Standard Drive, Mobile (Telescopic), Noseloader, and Dual Boarding) & by Geography - Global Trends & Forecasts to 2014 - 2020”, the global market for passenger boarding bridge is expected to reach more than $7.5 billion by 2020, with a CAGR of 4.85%. Browse 55market data tables, 54 figures spread through 248 pages and in-depth TOC on “Passenger Boarding Bridge Market - Global Forecast to 2020”. http://www.marketsandmarkets.com/Market-Reports/passenger-boarding-bridge-market69975937.html Early buyers will receive 10% customization on this report. Air travel used to be an expensive affair, often used by high income earners, executive-class business professionals, and political leaders to travel to distant places. Only few players had been providing air transport facilities, as passenger traffic was comparatively lesser. Globalization is considered to be a major and the most important factor that has built and expanded the aviation industry as it stands today. Download Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=69975937 Increasing air travel demand and growing air passenger traffic is considered as a major aspect leading to the transformation of airports. Over the last few decades usage of automated passenger boarding bridges witnessed a drastic increase. The airport authorities made significant investments, in order to integrate automated PBBs which would help in reducing the passenger turnaround time. The global market for passenger boarding bridge has been bifurcated on the basis of PBB type (Apron Drive, Radial, Fixed Pedestal, Elevated “T”, Standard Drive, Mobile (Telescopic), Noseloader, and Dual Boarding), on the basis of airport (Class A, Class B, and Class C) and by Geography including major region and countries.
The global market for passenger boarding bridge is expected to reach $7.5 million by 2020, registering a CAGR of 4.85%. Asia-Pacific is expected to register higher CAGR, led by China and the total market for passenger boarding bridges in this specific region is projected to $7.5million by 2020, at CAGR of 4.85%. It is reported that large scale airport modernization and development program implemented by the concerned authorities in this specific region is the major factor that will drive the demand of passenger boarding bridges, furthermore fuelling the growth of PBB market. Further Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=69975937 In accordance to the market study, it is reported that Steel walled PBB segment accounts for a larger market share when compared to other glass walled segments in global market for passenger boarding bridges. About MarketsandMarkets MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza, 17304, Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/aerospace-defence Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets