Press release
Analysis of Key Market Segments Driving the Airport Moving Walkways Market
Airport Moving Walkways Market
Forecasted Market Value and Growth Trajectory of the Airport Moving Walkways Market
The airport moving walkways market is anticipated to experience strong growth, reaching a valuation of $3.2 billion by 2030. This growth is projected at a compound annual growth rate (CAGR) of 5.1% during the forecast period. Key factors driving this expansion include increased investments in smart airport initiatives, greater demand for high-capacity passenger transportation systems, ongoing airport modernization efforts, a heightened focus on energy-efficient transport infrastructure, and the rising adoption of automated passenger flow technologies. Important trends anticipated to influence the market include wider use of accelerating moving walkway systems, growing preference for energy-saving airport conveyance solutions, integration of smart safety and monitoring technologies, adoption of modular walkway designs tailored for modern terminals, and enhanced attention to passenger comfort and accessibility.
Download a free sample of the airport moving walkways market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5968&type=smp&utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR
Leading Corporations Influencing the Airport Moving Walkways Market
Several prominent companies dominate the airport moving walkways landscape, including Fujitec Co. Ltd, Hitachi Ltd, Hyundai Elevator Co. Ltd, Kone Corporation, Mitsubishi Electric Corporation, Otis Elevator Company, Schindler Holding AG, Thyssenkrupp AG, Toshiba Elevator and Building Systems Corporation, Orona Group S. Coop., VGSI Elevator LLC, Teknic Elevators PPG Pvt. Ltd., Sigma Elevator Company, Wittur Group, Canny Elevator Co. Ltd, IFE Elevators Co. Ltd, SJEC Corporation, Aljo Elevator, Express Lift Co. Ltd, Ningbo Xinda Elevator Group Co. Ltd, Shanghai STEP Electric Corporation, and ZIEHL-ABEGG SE.
A recent notable development took place in September 2024, when Otis Elevator Company, a US-based manufacturer of elevators and escalators, acquired Jardine Schindler Group for an undisclosed sum. Otis aims to leverage this acquisition by introducing advanced offerings like the Otis ONE platform and Gen3 elevators to Jardine Schindler's existing customer base, thereby broadening its service portfolio in Taiwan. Jardine Schindler Lifts Limited is well-known in the region as a manufacturer specializing in escalators and moving walkways for airports.
View the full airport moving walkways market report:
https://www.thebusinessresearchcompany.com/report/airport-moving-walkways-global-market-report?utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR
Emerging Trends Improving Accessibility in the Airport Moving Walkways Sector
Companies in the airport moving walkways market are increasingly focusing on designing advanced moving elevators that help travelers, especially those carrying luggage, navigate airport terminals more easily. These moving elevators facilitate vertical passenger movement between different terminal levels, improving convenience and efficiency by smoothing transitions and reducing physical effort. This is particularly beneficial for individuals with mobility challenges or tight schedules.
For example, in June 2023, Schindler Group, a Swiss manufacturer of moving walkways, installed six pairs of moving walkways on Level 4 of Tampa International Airport's long-term parking garage. This installation restored approximately 200 parking spaces, with plans to add nearly 500 more after the removal of the aging monorail system. The monorail, in operation for over 20 years, was phased out due to declining ridership and costly maintenance. Currently, the process of dismantling monorail tracks and infrastructure is underway, marking a shift towards more flexible and efficient passenger conveyance solutions.
Detailed Market Segmentation of the Airport Moving Walkways Industry
This report categorizes the airport moving walkways market into several key segments:
1) By Type: Belt Type and Pallet Type
2) By Inclination Angle: Horizontal and Inclined
3) By Business Type: New Installation, Modernization, and Maintenance
4) By Speed: Constant Moving Walkways (CMW) and Accelerating Moving Walkways
Further subcategories include:
- Belt Type Walkways: Standard Belt Walkways, Heavy-Duty Belt Walkways, and Modular Belt Walkways
- Pallet Type Walkways: Fixed Pallet Walkways, Adjustable Pallet Walkways, and Heavy-Duty Pallet Walkways
These segmented insights provide a granular view of the market, helping stakeholders understand the various types, applications, and service needs within the airport moving walkways industry.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Analysis of Key Market Segments Driving the Airport Moving Walkways Market here
News-ID: 4398482 • Views: …
More Releases from The Business Research Company
Market Segmentation, Dynamics, and Competitive Landscape in the Antenna, Transdu …
The antenna, transducer, and radome industry is set for notable expansion over the coming years, driven by technological advancements and growing demand across multiple sectors. Industry stakeholders are preparing to capitalize on emerging trends and increasing investments that are shaping the future of communication and defense systems. Let's explore the market size, key players, evolving trends, and segment breakdowns to understand this dynamic field better.
Market Size Expectations and Growth Trajectory…
Emerging Sub-Segments Transforming the Converting Equipment Market Landscape
The converting equipment market is poised for significant expansion as industries increasingly prioritize efficiency and sustainability. With advancements in manufacturing technologies and rising demand across various sectors, this market is set to experience dynamic growth and evolving trends that promise to reshape packaging and converting processes.
Converting Equipment Market Size and Projected Growth Through 2030
The converting equipment market is forecasted to expand substantially, reaching a total value of $56.38 billion…
Competitive Landscape: Key Market Leaders and Rising Competitors in the Construc …
The construction machinery sector is on the verge of remarkable expansion as global infrastructure needs intensify and technological advancements reshape the industry. With growing investments in smarter, more efficient equipment and an increasing shift toward electrification, this market is set to experience substantial growth in the years ahead. Let's explore the current market value, key players, emerging trends, and the major segments propelling this industry forward.
Construction Machinery Market Size and…
Top Companies and Market Competition in the Air Separation Unit Industry
The air separation unit market is positioned for significant expansion in the coming years, driven by evolving industrial needs and technological advancements. This sector plays a critical role in supplying essential gases for various applications, and its growth reflects broader trends in energy transition and manufacturing innovation. Let's explore the market's size projections, key players, emerging trends, and segmentation for a clearer picture of what lies ahead.
Forecasted Market Size and…
More Releases for Walkways
Global Growth In Commercial Real Estate Fuels Escalators And Moving Walkways Mar …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Escalators and Moving Walkways Market Size By 2025?
There has been notable growth in the escalators and moving walkways market recently. The market size is projected to escalate from $18.44 billion in 2024 to $19.44 billion in 2025, representing a compound annual growth rate (CAGR) of 5.4%. This growth within…
Top Factor Driving Escalators and Moving Walkways Market Growth in 2025: Global …
How Are the key drivers contributing to the expansion of the escalators and moving walkways market?
The global escalators and moving walkways market is expected to see substantial growth due to the thriving commercial real estate market. Commercial real estate involves construction for both corporate units and large-scale residential properties. Escalators and moving walkways play a crucial role in these buildings as they facilitate transportation of people and commodities across different…
Airport Moving Walkways Market Demand, Share And Overview 2024-2033
The airport moving walkways market size has grown strongly in recent years. It will grow from $2.32 billion in 2023 to $2.44 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to increased passenger traffic and congestion in airports, integration with smart airport technologies, demand for contactless and hygienic travel solutions, urbanization and growth…
Floating Walkways Market Will Generate Record Revenue by 2029
Floating Walkways Market Value expected to expand at a CAGR of 9.2% from 2023 to 2029. The research report further provides comprehensive information on the market segmentation and regional market analysis.
Important changes in the business allow key players to attain larger profits. This Floating WalkwaysMarket study report is the best way to make changes with the help of entire market condition and metrics provided here. These metrics also allow getting…
Moving Walkways Market to Register Strong Growth, Demand Upheld by Horizontal Mo …
The global moving walkways market will grow at a moderate CAGR of 4.5% over the forecast period, 2019-2029. While surging expenditure on construction & infrastructure are major growth drivers, introduction of smart city projects is spurring the adoption of moving walkways in subway systems. Further, moving walkways are finding immense usage in exhibition halls and art galleries, wherein viewers can see the exhibition by standing over them.
"Airport moving walkways are…
Escalators & Moving Walkways Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Escalators & Moving Walkways Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Escalators & Moving Walkways players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Escalators & Moving…
