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Airport Moving Walkway System Market Worth $5,135.6 Million in 2027 | by Business, Type, Angle
Airport Moving Walkway System Market
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The global airport moving walkway system market size 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. In 2019, Asia-Pacific dominated the global airport moving walkway system market, in terms of revenue, accounting about 40.5% share of the global airport moving walkway system industry, followed by North America, Europe,and LAMEA.
People walk or stand on the conveyor and it starts to roll. Generally, the walkways are installed in pairs with opposite direction of rolling. Walkways have moving safety handrails alongside. These handrails roll into end comb-plate as the walkway ends.
There is an increase in the airport moving walkway system industry due to growth in number of air travelers at a particular airport.In case of large airports where number of flights operatedaremore,thenumber of travelers are also high.Therefore, smooth and safe commute of the travelers from one place to another inside the airport itself is extremely important.
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Further, many airports are expanding their current infrastructure, which will drive the growth of the airport moving walkway system market share. Airport moving walkway system helps travelers move from one place to an other within the airport but for a longer distance or across the floors.
Key Market Segments
By Business Type
New Installation
Modernization
Maintenance
By Type
Belt Type
Pallet Type
By Angle
Horizontal
Inclined
By Region
North America
Europe
Asia-Pacific
LAMEA
Key Players
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
Stannaha
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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