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New report: Jet bridge market is growing at a rapid rate

New report: Jet bridge market is growing at a rapid rate

The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Jet Bridge market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status.

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Development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions (United States, EU, China and Japan), and other regions can be added.

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Global jet bridge market is expected to flourish at a remarkable compound annual growth rate (CAGR) of 9.2% during the forecast period i.e. 2017-2022. The global market of jet bridge stood at revenue of USD 826.1 Million in 2017 and is expected to flourish at a remarkable pace and reach at a revenue of around USD 2,100 Million by the end of forecast period.

Rising concern towards safety of passengers at airports, development of new airports and advancement of existing airports are major factors which are likely to drive the growth of global jet bridge market during the forecast period.

Jet bridge is an enclosed walkway which is used at airports. Jet bridges are either movable or fixed connectors which are usually connecting airport terminals to the aircraft.

Further, jet bridges are used to lead passengers to or from aircraft without going outside or without exposing them to the outside environment. Moreover, jet bridges are generally vehicle mounted and their position can be controlled by operator sitting in a vehicle.

Use of jet bridges at airports has resulted in better security and safety performance of the airports.

Global Jet Bridge market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Thyssenkrupp AG
CIMC Group Ltd
Shinmaywa Industries Ltd
Adelte Group
Vataple Group Ltd
Ameribridge, Inc
Airport Equipment Ltd
FMT Airport Gate Support Systems AB
Hubner GmbH & Co. Kg
John Bean Technologies Corporation

global jet bridge market is segmented into five major regions which are North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America region is expected to be the biggest market for jet bridge during the forecast period.

This growth of jet bridge market in North America region can be attributed to factors such as rapid modification of airports in terms to improve customer’s convenience and rising concerns towards passenger safety at airports in this region.

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