Global Airport Moving Walkway System Market to Reach US$ 3.6 Billion by 2032, Propelled by the Developing Infrastructure of Airports

March 16, 2023 | Technology & Media

The latest report by IMARC, titled “Airport Moving Walkway System Market Report by Business Type (New Installation, Modernization, Maintenance), Type (Belt Type, Pallet Type), Angle (Horizontal, Inclined), Speed (Constant Moving Walkways (CMW), Accelerating Moving Walkways (AMW)), and Region 2024-2032”, finds that the global airport moving walkway system market size reached US$ 2.4 Billion in 2023. Airport moving walkway system refers to a transport system that uses a conveyor to move individuals and luggage safely and slowly over a short distance along the ground level or inclined between two floors of the building. These machines have moving safety handrails alongside them to offer mobility and optimal traffic flow. In recent years, airport moving walkway systems have gained traction due to the increasing number of air travelers at airports.


Global Airport Moving Walkway System Market Trends:

One of the primary factors driving the market is the improving airport infrastructure. Additionally, the increasing air traffic globally due to the growing business travel and upliftment of lockdown restrictions in various countries, is creating a positive market outlook. Other than this, extensive investments in the expansion and development of airports to increase efficiency in traffic rows, enhance operational opportunities, and minimize costs and delays are positively influencing the market growth. Besides this, individuals nowadays prefer air travel due to the advanced facilities offered by the airports. In line with this, key players are introducing various product variants, such as integrating light-emitting diode (LED) lighting and high-efficiency motors in moving walkway systems to expand their consumer base. Moreover, the rising workforce globally, along with the expanding disposable income levels of the masses, is propelling the market growth. Looking forward, IMARC Group expects the market value to reach US$ 3.6 Billion by 2032, expanding at a CAGR of 4.19% during the forecast period (2024-2032).


Market Summary:

  • On the basis of the business type, the market has been divided into new installation, modernization, and maintenance.
  • Based on the type, the market has been segregated into belt and pallet type.
  • On the basis of the angle, the market has been categorized into horizontal and inclined.
  • Based on the speed, the market has been divided into constant moving walkways (CMW) and accelerating moving walkways (AMW).
  • Region-wise, the market has been classified into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has also been analyzed, with some of the key players being Analogue Holdings Limited (ATAL Engineering Limited), Fujitec Co. Ltd., Hitachi Ltd., Hyundai Elevator Co. Ltd., KONE Corporation, Mitsubishi Electric Corporation, Otis Worldwide Corporation, Schindler Group, Stannah Lift Holdings Ltd., and ThyssenKrupp AG.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Business Type, Type, Angle, Speed, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Analogue Holdings Limited (ATAL Engineering Limited), Fujitec Co. Ltd., Hitachi Ltd., Hyundai Elevator Co. Ltd., KONE Corporation, Mitsubishi Electric Corporation, Otis Worldwide Corporation, Schindler Group, Stannah Lifts Holdings Ltd and ThyssenKrupp AG
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact Us:

IMARC Group
30 N A
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Airport Moving Walkway System Market to Reach US$ 3.6 Billion by 2032, Propelled by the Developing Infrastructure of Airports
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More