Airport Walkway Market Synopsis
Airport Walkway Market Size Was Valued at USD 2.64 Billion in 2023, and is Projected to Reach USD 4.42 Billion by 2032, Growing at a CAGR of 5.9 % From 2024-2032.
Airport walkway, also known as moving walkway or travelator, is defined as a moving pavement consisting of a motorized conveyor set to help passengers access long distances in airports. These are similar to escalators but they are flat and passengers can stand or walk during the ride and are always slid in the horizontal or slightly upward direction. They consist mainly of a belt or a sequence of plates that are arranged in a loop; these need to be driven by a series of motors that happen to be electric and regulated using many different sensors and safety measures. Stationary and moving walkways are among essential components of contemporary airports, which significantly improve passenger comfort and speed.
- The main purpose of airport pedestrian bridges is to provide efficient means of transferring passengers from one terminal, gate or another specific region within an airport. They are particularly useful when the walk between portals or terminals can be lengthy as it is often the case in the busy international airports. Reduction of physical strain, especially by passengers carrying luggage, the elderly, and ‘‘motoba’ riders who have physical disabilities, is a major advantage offered by these walkways in that they are continuous and do not require much energy to be expended in moving from one station to another. In addition, they help manage the congestion levels in areas such as waiting areas where passengers spend most of their time through an efficient and quick traffic flow.
- These airport design have different walkway designs such as the parallel walkways, intersecting walkways, and circular walkway designs depending on the design and arrangement of airport and passenger traffic. Special models contain adjustable speed range that allows slow entry and exit speeds in order to avoid accidents while the highest speed is used in middle section to save time.
- Furthermore, the modern walkways possess various built-in safety parameters including the emergency stop buttons, the anti-slip surface as well as the audible warnings to enhance the safety of the passengers. The use of these walkways in the construction of airports will therefore enhance the comfort of passengers by providing much convenience in the movement of passengers across the airport and since different people have different ability and capacity to carry their loads in a single encounter, the walkways will enable individuals to move their loads easily from one part of the airport to the other without necessarily having to seek for additional assistance.
Airport Walkway Market Trend Analysis
Integration with Automation
- Automation is now trending in the airport walkway market as it creates transitions in the airport industry and changes the course of every airport to adapt to a faster and more efficient system. Moving sidewalks or travelators that help passengers move between areas within facilities are the same conveyor belt systems that are now being upgraded with increased technologies like sensors, AI and IoT to aid passenger movement with minimal congestion. They may adapt their speed depending on the number of users at particular moments, so that during rush hour the flow would be as smooth as possible. By installing this automation system, airports will be able to handle large groups of people flowing in and out of the airport, which in the long run will increase productivity and effectively reduce the amount of time passengers will have to spend in queues.
- Also, in a sociotechnical system, using automations especially on airport walkways, the aspects of safety and maintenance are being improved. Current and suitable types of automated walkways are fitted with predictive analytic tools which effectively real-time track the state of the walkway elements. This is because common parts are checked regularly, maintained, and repaired thus reducing the incidence of breakdowns. The use of automation leads to improved safety measures including automatic stoppage and obstacles recognition thus they have safety measures that protect passengers from the risk of an accident or getting injured while on the walkways.
- Furthermore, the incorporation of automation into airport terminal floors is also in line with the idea of developing smart airport. These automated systems are integrated with other facilities of the airport with view to making them functional.
- For instance, the moving belts can be linked to displays that guide passengers using flight information thus making the novelty to be part of a system improving the end user satisfaction. This is not restricted to the calls for efficiency in areas of the process, which I believe are genuine, but rather by the ever increasing desire for an integrated and technologically enhanced travel experience that results in enhanced satisfaction of the consumer traveling.
Data Analytics and Predictive Maintenance
- Risk profiling and future planning are some key opportunities for the airport walkway market in terms of improving the performance and minimizing down-time. Airports are crowded and vibrant areas of operation characterized by multiple activities where walkways assume crucial uses. Using big data, successful walkway performance and usage can be managed in real time by the different airports.
- Such data helps to identify when the demand for resources is at its highest, when the infrastructure is used the most, and what possible problems may occur, more specifically, it can be used to distribute resources effectively and optimize work processes. It is by discerning these dynamic that management in an airport can properly determine how best to utilize the available walkways with the intention of enhancing flow of passengers and boosting overall performance.
- Optimization techniques such as predictive maintenance, on account of proliferating big data, bolsters the prospects of the airport walkway market even more. The conventional methods of performing maintenance are the scheduled or the reactive maintenance, and the two forms can be disastrous because they result to unexpected failure occurrences or they waste a lot of resources. The following are differences between preventive and predictive maintenance: While preventive maintenance involves regular checks of the walkway components, predictive maintenance involves using data from the physical sensors and previous records of maintenance to estimate the number of hours or days before a particular component is likely to fail. This enables one to fix any problem as it develops without waiting for a total breakdown which will lead to more time lost as well as high maintenance charges. The ability to forecast and head off problems antes up to guarantee that aisles continue to be open, contributing to the comfort and security of the passangers.
- Further, incorporating the data analytics and the predictive maintenance aspects into walkways of an airport adds up to the advanced smart airports concepts. Since airports have plans of establishing themselves as more integrated and as having higher levels of automation, the application of these high-advanced technologies in the walkways would be advantageous in advancing the end vision of the airports as smart, efficient, and globally stronger.
- It does not only assist in improving operational efficiency in tackling present load but also useful when expanding the business in order to accommodate the increasing capacity in the years to come. While for manufacturers and operators of systems within the airport walkway market, adoption of these technologies brings a competitive advantage, in that it attracts airport authorities seeking better technologies to enhance the reliability and operation of airport infrastructure.
Airport Walkway Market Segment Analysis:
Airport Walkway Market Segmented on the basis of Phase, Mounting and Applications.
By Phase, Belt Type segment is expected to dominate the market during the forecast period
- The airport walkway market is primarily divided into two segments based on type: Belt Type and Pallet Type is two type of conveying system based on the methods of transporting material. Here we also found that each of these types are useful in its own right and has its own advantages and provides different requirements by recourse to the varying airport infrastructures and passenger demands. These dynamics and the predominance of one or another segment determine the modern trends and the further prospects in the market.
- One of them is Travelator or more frequently called Belt Type walkways, which were installed in many airports around the globe. Such walkways are obtained as a continuous belt on which passengers can be transported from one point to another convenient place in big terminals. This belt type is highly preferred in environments where free and successive movement is unavoidable and expected such as from gates to gates, and from the terminal to the baggage claim.
- Their construction is plain and uncomplicated with great accessibility for regular maintenance and installation costs are relatively low, so Belt Type walkways used in many airports. Moreover, their non-standard and variable length combined with the option of different configurations enables them to be incorporated into any architectural conditions and the traffic intensity deemed appropriate for passengers.
- On the other hand, Pallet Type walkways—consist of a series of pallets installed end-to-end with no gaps to create one long moving platform as a more reliable method of moving passengers as well as their belongings. These walkways are normally applied to regions that require more maximum operational loads, like bag-drop zones or regions with high pedestrian traffic.
- The Pallet Type segment is chosen when the building that needs lifting carries higher levels of stress and wear, which provide increased reliability and durability of the equipment. This way Pallet Type walkways are proved to be essential for some particular areas of an airport as they can withstand greater weight, and give a more gentle ride to passengers pulling wheeled luggage or carts.
- Although Pallet Type walkways have considerable benefits, there has immense growth in the Belt Type segment for the Airport Walkway Market. The main reasons for this kind of system domination are that Belt Type walkways are more universal and cost efficient and, therefore, suitable for more various applications at the airport. In comparison, Belt Type walkways are much easier to install and maintain and have less impact on the structural framework of the building than a catenary arch type and offer a faster payback period.
- In addition, more recent improvements in technology have served to further increase the efficiency and endurance of Belt Type walkways; providing airport operators with a probable solution for the continued facilitation of their passengers while simultaneously endeavouring to hold stable operating expenses or cut them. Hence, Belt Type walkways are at present one of the most adopted in many airport scenarios, which has made them clearly dominate the market.
By Angle, Horizontal segment expected to held the largest share
- The airport walkway market could be categorized based on angle into Direct walkway and Sloping walkway. The roles that each type plays within the airport environment are to address various requirements, and to provide support to passengers in certain circumstances regarding mobility within the airport facility. From the findings of this analysis, it is possible to gain insight into current segmentation patterns preferred by consumers, as well as how airports are currently being managed at the present time on an international level.
- Availability: Horizontal walkways, also called flat moving walkways, are basically used for transporting passengers on a flat platform where the walkway is utilized in moving passengers over long distances within terminals. These walkways are particularly of great usefulness in the large airport where gates, terminals and other facilities are located widely and may cover a big parcel of area.
- The primary benefit of Horizontal walkways is the ability to extend the existing corridors horizontally to either minimize the distance that passengers and particularly those with otherwise heavy baggage and or reduced mobility have to cover to get from one point to the other of the station basically. This is due to the fact that most of them have minimal structural complexities and therefore the installations make a perfect choice for a number of airport operators who seek to enhance general access and comfort within the various busy zones.
- Sloped walkways, however, are those that are specifically meant for moving passengers between distinct levels in the terminal or between the arrivals/ground transportation areas and the gates. These walkways give an answer to airports where the design is multilevel, thus saving the space and being a smooth transfer for the passenger who has to go up or down. This kind of ramps are fitted with entities such as hand rails and slip resistant for ease of movement by disabled people. They are especially beneficial in large airports, where there are architectural disparities which dictate the need of more than just the use of escalators or elevators to meet the consumers’ demand.
- However, looking at the specific benefits offered by inclined walkways the horizontalsegment is leading in the airport walkway market. This is evidenced by the fact that hospital movement specifications, which are mainly horizontal, are commonplace within terminal spaces. The vast majority of airport passengers require vertical movement but horizontal movement is needed for onward connectivity and for access to specific zones such as check-in areas and gates, between concourses, and through connections between terminals.
- Extended horizontal distances are met by horizontal corridors, which in turn improve passenger comfort by decreasing the likelihood of tiredness from walking as well as increasing overall efficiency by cutting down on the time passengers spend on the move. Further, Horizontal walkways are cheaper to implement than the Vertical walkways and they are also easier to install hence they are quite popular in the construction industry. The necessity for Horizontal walkways increases even more with progression and updating of airports, which is why this market segment remains unchallenged.
Airport Walkway Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America dominates the airport walkway market due to several key factors. Firstly, the region's robust air travel infrastructure and high passenger traffic necessitate efficient airport design and management. With some of the world's busiest airports, such as Hartsfield-Jackson Atlanta International Airport and Los Angeles International Airport, North America has a significant demand for advanced passenger flow management solutions. Airport walkways, including moving sidewalks and escalators, are crucial in facilitating smooth and quick passenger transitions between gates, security checks, and other airport facilities, enhancing overall operational efficiency.
- The technological and economic advantages in North America contribute significantly to this dominance. The region is home to leading companies in the airport infrastructure and automation sectors, which provide state-of-the-art walkway systems. These companies benefit from strong research and development capabilities, leading to innovations that improve the safety, reliability, and energy efficiency of airport walkways. Additionally, the economic capacity of North American airports allows for substantial investments in modernizing and expanding airport facilities, incorporating the latest technologies to maintain competitiveness and meet the evolving needs of air travelers.
- Regulatory support and government initiatives play a crucial role. In North America, there is significant emphasis on upgrading transportation infrastructure, including airports, as part of broader economic development strategies. Government policies and funding programs aimed at enhancing airport capacity and safety standards facilitate the adoption of advanced walkway systems.
- Moreover, the focus on sustainability and reducing environmental impact drives the implementation of energy-efficient walkways, aligning with regional environmental goals. This comprehensive support framework ensures that North American airports remain at the forefront of adopting and integrating advanced walkway technologies.
Active Key Players in the Airport Walkway Market
- Aritco Lift AB (Sweden)
- Cibes Lift Group (Sweden)
- Doppelmayr/Garaventa Group (Austria)
- EHC Global (Canada)
- Fujitec Co., Ltd. (Japan)
- GILCO International (United States)
- Hitachi, Ltd. (Japan)
- Hyundai Elevator Co., Ltd. (South Korea)
- KONE Corporation (Finland)
- Mitsubishi Electric Corporation (Japan)
- Orona Group (Spain)
- Otis Elevator Company (United States)
- Poma Group (France)
- Savaria Corporation (Canada)
- Schindler Group (Switzerland)
- Sigma Elevator Company (South Korea)
- Stannah Lifts Holdings Ltd (United Kingdom)
- ThyssenKrupp AG (Germany)
- Toshiba Corporation (Japan)
- Vantage Elevator Solutions (United States), and Other Key Players.
Global Airport Walkway Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.64 Bn. |
Forecast Period 2024-32 CAGR: |
5.9% |
Market Size in 2032: |
USD 4.42 Bn. |
Segments Covered: |
By Type |
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By Angle |
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By Speed |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Airport Walkway Market by By Type
4.1 Airport Walkway Market Snapshot and Growth Engine
4.2 Airport Walkway Market Overview
4.3 Belt Type
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Belt Type: Geographic Segmentation Analysis
4.4 Pallet Type
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Pallet Type: Geographic Segmentation Analysis
Chapter 5: Airport Walkway Market by Angle
5.1 Airport Walkway Market Snapshot and Growth Engine
5.2 Airport Walkway Market Overview
5.3 Horizontal
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Horizontal: Geographic Segmentation Analysis
5.4 Inclined
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Inclined: Geographic Segmentation Analysis
Chapter 6: Airport Walkway Market by Speed
6.1 Airport Walkway Market Snapshot and Growth Engine
6.2 Airport Walkway Market Overview
6.3 Accelerating Moving Walkways
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Accelerating Moving Walkways: Geographic Segmentation Analysis
6.4 Constant Moving Walkway
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Constant Moving Walkway: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Airport Walkway Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 ARITCO LIFT AB (SWEDEN)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 CIBES LIFT GROUP (SWEDEN)
7.4 DOPPELMAYR/GARAVENTA GROUP (AUSTRIA)
7.5 EHC GLOBAL (CANADA)
7.6 FUJITEC CO.
7.7 LTD. (JAPAN)
7.8 GILCO INTERNATIONAL (UNITED STATES)
7.9 HITACHI
7.10 LTD. (JAPAN)
7.11 HYUNDAI ELEVATOR CO.
7.12 LTD. (SOUTH KOREA)
7.13 KONE CORPORATION (FINLAND)
7.14 MITSUBISHI ELECTRIC CORPORATION (JAPAN)
7.15 ORONA GROUP (SPAIN)
7.16 OTIS ELEVATOR COMPANY (UNITED STATES)
7.17 POMA GROUP (FRANCE)
7.18 SAVARIA CORPORATION (CANADA)
7.19 SCHINDLER GROUP (SWITZERLAND)
7.20 SIGMA ELEVATOR COMPANY (SOUTH KOREA)
7.21 STANNAH LIFTS HOLDINGS LTD (UNITED KINGDOM)
7.22 THYSSENKRUPP AG (GERMANY)
7.23 TOSHIBA CORPORATION (JAPAN)
7.24 VANTAGE ELEVATOR SOLUTIONS (UNITED STATES)
7.25 AND OTHER MAJOR PLAYERS
Chapter 8: Global Airport Walkway Market By Region
8.1 Overview
8.2. North America Airport Walkway Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By By Type
8.2.4.1 Belt Type
8.2.4.2 Pallet Type
8.2.5 Historic and Forecasted Market Size By Angle
8.2.5.1 Horizontal
8.2.5.2 Inclined
8.2.6 Historic and Forecasted Market Size By Speed
8.2.6.1 Accelerating Moving Walkways
8.2.6.2 Constant Moving Walkway
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Airport Walkway Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By By Type
8.3.4.1 Belt Type
8.3.4.2 Pallet Type
8.3.5 Historic and Forecasted Market Size By Angle
8.3.5.1 Horizontal
8.3.5.2 Inclined
8.3.6 Historic and Forecasted Market Size By Speed
8.3.6.1 Accelerating Moving Walkways
8.3.6.2 Constant Moving Walkway
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Airport Walkway Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By By Type
8.4.4.1 Belt Type
8.4.4.2 Pallet Type
8.4.5 Historic and Forecasted Market Size By Angle
8.4.5.1 Horizontal
8.4.5.2 Inclined
8.4.6 Historic and Forecasted Market Size By Speed
8.4.6.1 Accelerating Moving Walkways
8.4.6.2 Constant Moving Walkway
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Airport Walkway Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By By Type
8.5.4.1 Belt Type
8.5.4.2 Pallet Type
8.5.5 Historic and Forecasted Market Size By Angle
8.5.5.1 Horizontal
8.5.5.2 Inclined
8.5.6 Historic and Forecasted Market Size By Speed
8.5.6.1 Accelerating Moving Walkways
8.5.6.2 Constant Moving Walkway
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Airport Walkway Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By By Type
8.6.4.1 Belt Type
8.6.4.2 Pallet Type
8.6.5 Historic and Forecasted Market Size By Angle
8.6.5.1 Horizontal
8.6.5.2 Inclined
8.6.6 Historic and Forecasted Market Size By Speed
8.6.6.1 Accelerating Moving Walkways
8.6.6.2 Constant Moving Walkway
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Airport Walkway Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By By Type
8.7.4.1 Belt Type
8.7.4.2 Pallet Type
8.7.5 Historic and Forecasted Market Size By Angle
8.7.5.1 Horizontal
8.7.5.2 Inclined
8.7.6 Historic and Forecasted Market Size By Speed
8.7.6.1 Accelerating Moving Walkways
8.7.6.2 Constant Moving Walkway
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Global Airport Walkway Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.64 Bn. |
Forecast Period 2024-32 CAGR: |
5.9% |
Market Size in 2032: |
USD 4.42 Bn. |
Segments Covered: |
By Type |
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By Angle |
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By Speed |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Airport Walkway Market research report is 2024-2032.
Aritco Lift AB (Sweden), Cibes Lift Group (Sweden), Doppelmayr/Garaventa Group (Austria), EHC Global (Canada), Fujitec Co., Ltd. (Japan), GILCO International (United States), Hitachi, Ltd. (Japan), Hyundai Elevator Co., Ltd. (South Korea), KONE Corporation (Finland), Mitsubishi Electric Corporation (Japan), Orona Group (Spain), Otis Elevator Company (United States), Poma Group (France), Savaria Corporation (Canada), Schindler Group (Switzerland), Sigma Elevator Company (South Korea), Stannah Lifts Holdings Ltd (United Kingdom), ThyssenKrupp AG (Germany), Toshiba Corporation (Japan), Vantage Elevator Solutions (United States), and Other Major Players.
The Airport Walkway Market is segmented into Type, Angle, Speed, and region. By Type, the market is categorized into Belt Type, Pallet Type. By Angle, the market is categorized into Horizontal, Inclined. By Speed, the market is categorized into Accelerating Moving Walkways, Constant Moving Walkway. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Airport Walkway are critical in power systems as they act as an indispensable tool in converting voltage levels in the course of the power distribution and transmission process. This is especially true for hospitals, factories, businesses, and residential homes since they depend on electric power for continuity of their operations. These transformers are primarily used in applications that require a high degree of power capacity where proper voltage transformation is required without distorting the system efficiency or having poor energy losses.
Airport Walkway Market Size Was Valued at USD 2.64 Billion in 2023, and is Projected to Reach USD 4.42 Billion by 2032, Growing at a CAGR of 5.9 % From 2024-2032.