Press release
Airport Moving Walkway System Market Worth $5,135.6 Million by 2027 | Key Drivers, Restraints & Opportunity
Airport Moving Walkway System Market
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In the last couple of decades there has been a rise in number of air travelers due to increase in tourism and preference of travelling by air over road and rail by the middle class population.Thus, rise in number of travelers has led to construction new airport and expand or renovate the existing airports. For instance, as per the data published by The World Bank Groupthere were over 70.2 million passengers in France who used airline to travel in 2018 and the number is expected to considerably increase till 2027. Thus, France government has decided to invest around $270 million and increase the capacity of the Marseille airport by 40% by 2023. Further, China has planned to construct 216 new airports by 2035 to meet the growing demands for air travel.
Key Market Segments
The market for airport moving walkway system market is segmented into business type, type, angle, and region. Depending on business type, the market is categorized into new installation, modernization, and maintenance. By type, it is segregated into belt type and pallet type. On the basis of angle, it is bifurcated into horizontal and inclined. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key Players
Competitive analysis and profiles of the major players in the market, such as 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, and Stannahare provided in this report.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging airport moving walkway system market trends and dynamics. The report also provides market size from 2020 to 2027.
In-depth market analysis is conducted by constructing estimations for the key segments between 2020 and 2027.
Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
Airport moving walkway system market forecast analysis from 2020 to 2027 is included in the report.
Key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the industry.
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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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