According to the report by Expert Market Research (EMR), the global airport moving walkway system market is projected to grow at a CAGR of 4.80% between 2024 and 2032. Aided by the increasing passenger traffic at airports, the rising demand for efficient airport infrastructure, and the growing focus on enhancing passenger experience, the market is expected to grow significantly by 2032.

Airport moving walkways, also known as people movers, are essential components in modern airport infrastructure, facilitating the smooth and efficient movement of passengers between terminals, gates, and other areas within the airport. These systems not only improve the overall passenger experience by reducing travel time but also enhance the operational efficiency of airports by managing foot traffic more effectively.

The growing global air travel industry, coupled with the increasing number of airports and expansion projects, is a primary driver of the airport moving walkway system market. As airports strive to handle the surge in passenger numbers and improve their service offerings, the demand for advanced walkway systems that can accommodate high traffic volumes is expected to rise.

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Moreover, the increasing focus on airport modernization and the adoption of smart technologies are likely to drive innovation in the moving walkway system market. Technological advancements, such as energy-efficient systems, predictive maintenance, and integration with airport management software, are expected to further propel market growth.

Another substantial driver that adds value to the airport moving walkway system market size is the rising emphasis on accessibility. With the global focus on inclusivity and the need to cater to passengers with reduced mobility, the demand for user-friendly and accessible moving walkway systems is expected to increase.

As per the airport moving walkway system market analysis, the growing investments in airport infrastructure, particularly in emerging economies, have given a significant thrust to the market. Governments and private entities are increasingly investing in the construction of new airports and the expansion of existing ones, further boosting the demand for advanced walkway systems.

While the market is poised for robust growth, challenges such as high installation and maintenance costs, as well as stringent regulatory requirements, could impact market expansion. However, by leveraging technological advancements and focusing on sustainability, companies in the market can overcome these challenges and tap into new growth opportunities.

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Market Segmentation

The market can be divided based on type, application, speed, and region.

Market Breakup by Type

  • Belt Type
  • Pallet Type

Market Breakup by Application

  • Airport Terminals
  • Passenger Terminals
  • Cargo Terminals

Market Breakup by Speed

  • Constant Speed Walkway
  • Accelerating Walkway

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Belt Type

Belt-type moving walkways are the most commonly used in airports, offering a smooth and continuous surface for passengers to stand or walk on. These systems are ideal for long distances and are often installed in large airports with high passenger traffic. The demand for belt-type walkways is expected to remain strong, driven by ongoing airport expansion projects and the need for efficient passenger movement.

Pallet Type

Pallet-type moving walkways consist of a series of connected plates or pallets that move passengers along the walkway. These systems are typically used in areas where space is limited or where there is a need for increased load capacity. The market for pallet-type walkways is expected to grow as airports look for versatile and durable solutions to manage passenger flow.

Constant Speed Walkway

Constant speed walkways are designed to move at a fixed speed, providing a consistent and reliable means of transportation within airports. These systems are commonly used in areas with moderate passenger traffic and are valued for their simplicity and ease of maintenance.

Accelerating Walkway

Accelerating walkways offer varying speeds along their length, allowing passengers to move faster as they progress. These systems are particularly useful in large airports where passengers need to cover long distances quickly. The demand for accelerating walkways is expected to increase as airports seek to enhance passenger convenience and reduce travel time within terminals.

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global airport moving walkway system market. Some of the major players explored in the report by Expert Market Research are as follows:

  • Thyssenkrupp AG: A leading provider of moving walkway systems, Thyssenkrupp AG has a strong presence in the global market, offering innovative and energy-efficient solutions that cater to the needs of modern airports. The company’s focus on sustainability and advanced technology has helped it maintain a competitive edge in the market.
  • Schindler Group: Known for its high-quality moving walkway systems, Schindler Group has established itself as a key player in the market. The company’s commitment to safety, reliability, and customer satisfaction has earned it a strong reputation in the industry.
  • KONE Corporation: KONE Corporation is a major player in the airport moving walkway system market, offering a range of products designed to enhance passenger flow and operational efficiency in airports. The company’s emphasis on innovation and sustainability has positioned it as a leader in the market.
  • Otis Elevator Company: Otis Elevator Company is one of the oldest and most respected names in the elevator and moving walkway industry. The company’s extensive experience and global reach make it a significant player in the airport moving walkway system market.
  • Mitsubishi Electric Corporation: Mitsubishi Electric Corporation is known for its advanced moving walkway systems that combine cutting-edge technology with superior performance. The company’s focus on research and development has led to the introduction of several innovative products in the market.
  • Others: The report also explores the market positions of other key players, including Hitachi Ltd., Fujitec Co. Ltd., Hyundai Elevator Co. Ltd., and others.

Market Trends

  • Growing Focus on Energy Efficiency: As airports seek to reduce their carbon footprint, the demand for energy-efficient moving walkway systems is expected to rise. Companies are investing in the development of systems that consume less energy while maintaining high performance.
  • Technological Advancements: The integration of smart technologies, such as IoT and AI, in moving walkway systems is a growing trend. These technologies enable predictive maintenance, real-time monitoring, and improved passenger experience, driving the adoption of advanced systems.
  • Increased Investment in Airport Infrastructure: The global increase in air travel has led to significant investments in airport infrastructure, particularly in emerging economies. This trend is expected to drive the demand for moving walkway systems as airports expand and modernize their facilities.
  • Focus on Passenger Experience: Airports are increasingly focusing on enhancing the passenger experience, leading to the adoption of moving walkway systems that offer convenience, safety, and accessibility. This trend is likely to continue as airports compete to attract and retain passengers.

Opportunities and Challenges

  • Opportunities: The growing demand for airport modernization and the expansion of airport infrastructure in developing regions present significant growth opportunities for the airport moving walkway system market. Additionally, the increasing focus on sustainability and energy efficiency offers avenues for innovation and market expansion.
  • Challenges: High installation and maintenance costs, along with stringent regulatory requirements, are some of the key challenges facing the market. However, advancements in technology and the development of cost-effective solutions can help mitigate these challenges.

Market Forecast

The global airport moving walkway system market is expected to experience robust growth during the forecast period, driven by the increasing demand for efficient airport infrastructure and the growing focus on enhancing passenger experience. The market is projected to reach a value of approximately USD 3.79 billion by 2032, with a CAGR of 4.80% between 2024 and 2032.

The North American region is expected to dominate the market, owing to the presence of major airports and significant investments in airport infrastructure. Europe and Asia Pacific are also anticipated to witness substantial growth, driven by the expansion of existing airports and the construction of new ones.

The airport moving walkway system market is poised for significant growth, driven by the increasing demand for efficient and accessible airport infrastructure. With the growing focus on sustainability, technological advancements, and passenger experience, the market is expected to witness continued innovation and expansion in the coming years. Companies that can successfully navigate the challenges and capitalize on the emerging opportunities will be well-positioned to succeed in this dynamic market.