Global Airport Moving Walkway System Market Outlook
According to a new report by Expert Market Research titled “Global Airport Moving Walkway System Market Size, Share, Growth, Report, Demand, Forecast 2024-2032″, the global airport moving walkway system market is projected to grow at a CAGR of 4.70% between 2024 and 2032. Aided by the surging air travel and the increasing focus on enhancing passenger convenience at airports, the market is expected to grow significantly by 2032.
Airport moving walkway systems, commonly known as moving sidewalks or travelators, are conveyor transport systems that facilitate passenger movement within large airports. These systems are crucial in minimising the transit time between terminals and reducing the fatigue associated with long walks in expansive airport complexes.
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The airport moving walkway system market growth is primarily fuelled by the global increase in air travel. As the number of air passengers continues to soar, largely due to the expanding middle class and the growth of tourism and business travel, airports worldwide are experiencing heightened demand for efficient and convenient passenger transit solutions. This surge in air travel is prompting airport authorities to invest in moving walkway systems to enhance passenger experience and operational efficiency.
Another significant factor propelling the airport moving walkway system market demand is the growing emphasis on airport modernisation and expansion. With airports constantly striving to improve infrastructure and facilities, the integration of advanced moving walkway systems has become a priority. These systems not only aid in managing the increasing passenger footfall but also contribute to the overall aesthetic and functional appeal of airport terminals.
Technological advancements in moving walkway systems are one of the crucial airport moving walkway system market trends that are fuelling market growth. The development of energy-efficient, durable, and low-maintenance systems has made them more attractive to airport operators. Innovations such as regenerative drives, which recover energy during operation, and smart sensors for optimal speed control and safety, are further enhancing the appeal of these systems.
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The increasing construction of new airports and the expansion of existing ones in emerging economies also contribute to the airport moving walkway system market size. Countries in Asia-Pacific, the Middle East, and Africa, with their booming economies and rapidly growing air traffic, are investing heavily in airport infrastructure, thereby creating a fertile ground for the deployment of moving walkway systems.
Global Airport Moving Walkway System Market Segmentation
The market can be divided based on business type, system type, angle, speed, and region.
Market Breakup by Business Type
- New Installation
Market Breakup by System Type
Market Breakup by Angle
Market Breakup by Speed
- Constant Moving Walkways (CMW)
- Accelerating Moving Walkways (AMW)
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global airport moving walkway system market. Some of the major players explored in the report by Expert Market Research are as follows:
- FUJITEC CO., LTD.
- Hitachi, Ltd.
- HyundaiElevator Co.,Ltd.
- KONE Corporation
- Schindler Elevator Corporation
- TK Elevator GmbH
- Toshiba Elevator and Building Systems Corporation
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