The global airport moving walkway systems market revenue was US$ 2,040 million in 2021. The global airport moving walkway systems market revenue is forecast to reach US$ 2,969.2 million by 2030, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period from 2022 to 2030.

Moving walkways, also called travelator, are transport systems using a conveyor. Along with the ground level or inclined between two floors of the building, the moving walkways allow people to cross a short distance safely and slowly. Escalators and walkways both serve the same purpose. The conveyor starts rolling as people walk or stand along with it. There are two parallel walkways with moving safety handrails installed on either side. The pathways roll in opposite directions. As the walkway ends, the handrails roll into the end comb-plate.

Factors Influencing Market Growth

Increasing air travelers at airports have contributed to the development of the global airport moving walkway systems market.
Over the last few decades, the modernization of airports in developed and developing countries has led to the installation of moving walkways, resulting in growth in the market for airport moving walkway systems.
Due to technological developments, airport moving walkway systems are becoming more energy-efficient thanks to components such as motors and LEDs. These factors contribute to the growth of the global market.
Installation of walkways is expensive, and replacing or repairing damaged parts is equally costly, which may have a negative impact on the global market growth.
The facilities provided in airports are advanced, and governments have spent a great deal of money installing advanced technologies in airports, such as moving walkways. During the forecast period, the market for airport moving walkway systems will grow due to this factor.
Impact Analysis of COVID-19

The COVID-19 pandemic had a severe impact on the global airport moving walkway system market. COVID-19 caused major problems for several industries. Due to the lockdown imposed by the government, production of walkways halted or was restricted. Globally, construction and transportation activities were hindered, along with their supply chains. As a result, the demand for walkways in the market declined, reining in the growth of the airport moving walkway systems market.

Regional Insights

Geographically, Asia Pacific dominated the global market for moving walkways in airports and is forecast to maintain its lead over the forecast period. In the region, there is an increasing focus on new airport construction and airport improvement projects. In recent years, major economies such as China, India, and Japan have reported a surge in air travel passenger numbers. In the Asia-Pacific region, these trends are fueling the growth of new airports, which is further likely to bolster market growth during the forecast period.

Leading Competitors

The leading prominent companies profiled in the global airport moving walkway systems market are:

Analogue Holdings Limited (ATAL Engineering Group)
Fujitec Co., Limited
Toshiba Elevator and Building Systems Corporation
Hitachi, Limited
Hyundai Elevator Co., Limited
Kone Corporation
Mitsubishi Electric Corporation
Raytheon Technologies Corporation
Schindler Group
Stannah Lifts Holdings Limited
Other Prominent Players
Scope of the Report

The global airport moving walkway systems market segmentation focuses on Business Type, Type, Angle, and Region.

Segmentation based on Business Type

New Installation
Modernization
Maintenance
Segmentation based on Type

Belt Type
Pallet Type
Segmentation based on Angle

Horizontal
Inclined
Segmentation based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America