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Airport Moving Walkway System Market Huge Growth By 2027 | Analogue Holdings Limited (ATAL Engineering Group), Fujitec Co., Ltd, Thyssenkrupp AG, Hitachi, Ltd., Hyundai Elevator Co., Ltd., Kone Corporation

07-16-2020 03:24 PM CET | Industry, Real Estate & Construction

Press release from: Premium Market Insights

Airport Moving Walkway System Market - Premium Market Insights

Airport Moving Walkway System Market - Premium Market Insights

The global airport moving walkway system market accounted for $4,155.6 million in 2019 and is expected to reach $5,135.6 million by 2027, registering a CAGR of 3.0% from 2020 to 2027. Airport moving walkway systems are used to move people from one place to another within the airport premises, from parking to the terminals or from lobby to the terminals or from one terminal to another.

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The leading market participants mainly include -
- Analogue Holdings Limited (ATAL Engineering Group)
- Fujitec Co., Ltd
- Thyssenkrupp AG
- Hitachi, Ltd.
- Hyundai Elevator Co., Ltd.
- Kone Corporation
- Mitsubishi Electric Corporation
- United Technologies
- Schindler
- Stannah

Horizontal type of moving walkway is used to move along the flat surface whereas inclined type of moving walkway is used to climb across the different floors. Belt type or pallet type of moving walkways are used depending the purpose of installation. For instance, pallet type is preferred to carry both luggage and human load at the same time.

Rise in preference for air travel amongst the travelers in the last few years has increased the need to build new airports and expand or renovate the old airports as well. For instance, Airport Company of South Africa in January 2019 announced expansion and modernization of six different airport of South Africa in the next eight years. This will give rise to airport moving walkway system market in the forecast period. Also, Japan's Kansai International Airport has planned to invest $911 million to upgrade the airport with additional terminal till 2025.

Why to Buy this Report?

This report provides a thorough analysis of the Airport Moving Walkway System market through detailed research on a variety of topics to help players build strong growth strategies and strong presence in the industry. Readers will also be informed of the important sustainability strategies adopted by leading companies when operating in the Airport Moving Walkway System market. The analyst also thoroughly evaluated the impact of these strategies on market growth and competition.

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This report provides a detailed overview of the industry, including qualitative and quantitative information. It provides an overview and forecast of the Airport Moving Walkway System market based on products and applications. This report evaluates market dynamics affecting the market during the forecast period, namely drivers, margins, opportunities and future trends, and provides a thorough PEST analysis for all five regions.

Sameer Joshi
Call: US: +1-646-491-9876, Apac: +912067274191
Email: sales@premiummarketinsights.com

About Premium market insights:
Premium market insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

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