Global Airport Moving Walkways Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Belt type and Pallet type.

By Inclination Angle;

Horizontal and Inclined.

By Speed;

Constant moving walkways (CMW) and Accelerating moving walkways (AMW).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn948972523 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Airport Moving Walkways Market (USD Million), 2020 - 2030

In the year 2023, the Global Airport Moving Walkways Market was valued at USD 2,249.13 million. The size of this market is expected to increase to USD 2,766.15 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.

Moving walkways, known by various names such as auto walk, moving pavement, or travellator, are conveyor mechanisms designed to transport individuals across horizontal or inclined surfaces over short to medium distances. These slow-moving platforms offer convenience for passengers, allowing them to either stand or walk while being carried along. In larger airports, where passengers often traverse long distances, moving walkways play a crucial role in facilitating smooth and efficient movement within terminals.

The widespread adoption of moving walkways in airports is primarily driven by the need to accommodate passengers, many of whom carry heavy luggage. These walkways serve various purposes, such as connecting concourses with the terminal, navigating lengthy concourses, providing access between terminals, or facilitating entry to parking facilities. By offering a means to cover distances quickly and effortlessly, moving walkways contribute to enhancing the overall passenger experience and operational efficiency at airports.

Two main types of moving walkways are commonly utilized in airport settings: belt type and pallet type. Belt-type walkways consist of a continuous moving belt or series of interlinked belts, providing a smooth surface for passengers to traverse. On the other hand, pallet-type walkways feature flat platforms or pallets that move along a track, offering a stable and secure transportation option.

As airports continue to evolve and expand to accommodate growing passenger traffic, there is a corresponding demand for advancements in moving walkway technology. Innovations focused on increasing the size and speed of these walkways are expected to drive market growth during the forecast period. These advancements aim to further improve passenger throughput, reduce congestion, and enhance overall airport efficiency, thereby cementing the crucial role of moving walkways in modern airport infrastructure.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Inclination Angle
    3. Market Snapshot, By Speed
    4. Market Snapshot, By Region
  4. Global Airport Moving Walkways Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Air Travel Demand
        2. Airport Infrastructure Expansion
        3. Focus on Passenger Experience
      2. Restraints
        1. High Installation Costs
        2. Maintenance Expenses
        3. Operational Disruptions
        4. Limited Adoption in Developing Regions
      3. Opportunities
        1. Airport Expansion Projects
        2. Focus on Sustainability
        3. Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Airport Moving Walkways Market, By Type, 2022 - 2032 (USD Million)
      1. Belt type
      2. Pallet type
    2. Global Airport Moving Walkways Market, By Inclination Angle, 2022 - 2032 (USD Million)
      1. Horizontal
      2. Inclined
    3. Global Airport Moving Walkways Market, By Speed, 2022 - 2032 (USD Million)
      1. Constant moving walkways (CMW)
      2. Accelerating moving walkways (AMW)
    4. Global Airport Moving Walkways Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Kone Corporation
      2. Otis Elevator Company
      3. Schindler Group
      4. Thyssenkrupp AG
      5. Hitachi
      6. Hyundai Elevator Company
      7. Mitsubishi Electric
  7. Analyst Views
  8. Future Outlook of the Market

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