December 11, 2023

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Airport Moving Walkway System Market 2023: Trends, Growth, Size, Share and Forecast 2028

Travelers at the airport.

According to the latest report by IMARC Group, titled Airport Moving Walkway System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global airport moving walkway system market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.

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.

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Note: 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.

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.

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

Competitive Landscape with Key Player:

  • 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
  • ThyssenKrupp AG.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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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.

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