MARKET OVERVIEW:

The global airport moving walkway system market was valued at USD 2.6 billion in 2024 and is projected to reach USD 3.7 billion by 2033, growing at a CAGR of 3.98%. This growth is fueled by rising air travel, increasing airport infrastructure projects, and the focus on passenger convenience, energy-efficient systems, and sustainability. The market's expansion is driven by the need for enhanced passenger experience and operational efficiency at airports.

STUDY ASSUMPTION YEARS:

• BASE YEAR: 2024
• HISTORICAL YEAR: 2019-2024
• FORECAST YEAR: 2025-2033

AIRPORT MOVING WALKWAY SYSTEM MARKET KEY TAKEAWAYS:

• The global airport moving walkway system market size was valued at USD 2.6 billion in 2024, with projections to reach USD 3.7 billion by 2033, growing at a 3.98% CAGR.
• Asia Pacific leads the market due to extensive airport construction.
• Technological innovations in energy efficiency and smart systems are increasing.
• Sustainability and eco-friendly features are driving new system designs.
• The demand for new installations is stronger than for modernization or maintenance.
• Safety and accessibility compliance are central to system design and implementation.

MARKET GROWTH FACTORS:

Technological Advancements:

AI-led maintenance, energy-efficient systems, and smart features are advancements transforming the airport moving walkway system market. Airports are leveraging IoT for the purpose of predictive maintenance and monitoring of systems that improve operational efficiency by reducing downtime. Such technological advancements ensure reliability of the system while enhancing passenger experience, thus supporting market growth.

Regulatory and Sustainability Drivers:

Airports are implementing stringent safety norms, including accessibility for disabled passengers, as well as environment-friendly regulations. Moving walkway systems with energy savings are being implemented to curtail carbon footprint and support sustainability. The introduction of energy-efficient systems that operate only when needed offers dual advantages of cost savings and compliance with green regulations, which will further substantiate market growth.

Increasing Demand for Passenger Convenience:

Airports focus on enhancing passenger comforts in large terminals owing to the increasing volume of travelers. Moving walkways greatly minimize pedestrian distances, thereby allowing terminal-gate transitions more quickly. Such enhancement in passenger mobility has found solace with the global demand for airport facility optimization and has, hence, spurred the growth of the market.

MARKET SEGMENTATION:

• Breakup by Business Type:
  • New Installation: Encompasses the installation of new moving walkway systems in expanding or renovated airports to improve passenger convenience and operational efficiency.
  • Modernization: Involves upgrading existing systems to meet modern requirements and enhance efficiency.
  • Maintenance: Covers the regular upkeep of walkway systems to ensure optimal performance and safety.
• Breakup by Type:
  • Belt Type: Typically used in long corridors, this type provides continuous movement and is ideal for flat surfaces.
  • Pallet Type: Features individual moving platforms for passengers, commonly used in airports with higher passenger traffic or more specialized needs.
• Breakup by Angle:
  • Horizontal: Designed for flat surfaces, suitable for long, straight distances within terminals.
  • Inclined: Used for areas where elevation changes are required, allowing passengers to move between floors or varying terminal levels.
• Breakup by Speed:
  • Constant Moving Walkways (CMW): Provide steady speed for smoother, consistent movement.
  • Accelerating Moving Walkways (AMW): Feature varying speeds that adapt to passenger flow, optimizing efficiency for both regular and high-demand periods.
• Breakup by Region:
  • Asia Pacific
    • Dominates the market with significant airport infrastructure projects.
  • North America
    • Consistently invests in airport expansions and modernization.
  • Europe
    • Focused on sustainability and upgrading existing systems.

REGIONAL INSIGHTS:

Asia Pacific leads in the airport moving walkway system market, and the impetus is fueled mainly through the massive airport infrastructure development and subsequent growth of air travel in the region. More and more airports in the region are investing in moving walkways to enhance passenger convenience, improve operational efficiency, and meet sustainability goals.

RECENT DEVELOPMENTS & NEWS:

In recent years, airport moving walkway systems have seen huge innovations, especially in designs that save energy. The most recent systems bring on board smart features such as AI-driven predictive maintenance and IoT integration for remote monitoring, as well as energy-saving sensors that put any energy consumption to rest when not in use. These developments are revolutionizing the way airports manage their infrastructure, cutting operational costs while also enhancing passenger satisfaction.

KEY PLAYERS:

• 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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