According to the latest report by IMARC Group, titled “Airport Moving Walkway System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global airport moving walkway system market reached a value of US$ 2.21 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.95 Billion by 2027, exhibiting at a CAGR of 5.0% during 2022-2027.
Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
A moving walkway system is a slow-moving conveyor mechanism powered by a motor to transport people across a horizontal or inclined plane. It ensures smooth and easy movement of passengers and luggage across the airport. Nowadays, moving walkways are commonly used in large airports to assist passengers with heavy luggage in the passageways between concourses and the terminal or as an easy access to the parking area.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Airport Moving Walkway System Market Trends:
The global market is primarily driven by significant growth in the travel and tourism industry. Since these moving walkaway systems offer enhanced convenience to the passengers, they are widely being deployed across numerous national and international airports across the globe. Additionally, the increasing air passenger traffic has also impelled the demand for better infrastructure and transportation facilities, thus creating a positive outlook for the market. Moreover, rising investments by numerous public and private agencies and the enhanced focus toward airport expansion activities are facilitating the adoption of moving walkway system across airports.
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Airport Moving Walkway System Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
The report has segmented the market on the basis on region, business type, type, angle, speed.
Breakup by Business Type:
- New Installation
- Modernization
- Maintenance
Breakup by Type:
- Belt Type
- Pallet Type
Breakup by Angle:
- Horizontal
- Inclined
Breakup by Speed:
- Constant Moving Walkways (CMW)
- Accelerating Moving Walkways (AMW)
Breakup by Region
- North America:(United States, Canada
- Asia-Pacific:(China, Japan, India, South Korea, Australia, Indonesia,Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia,Others)
- Latin America;(Brazil,Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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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.
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