Insights on the Airport Moving Walkway System Global Market to 2027 – Fujitec, Hitachi and Schindler Group Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Airport Moving Walkway System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global airport moving walkway system market reached a value of US$ 2.21 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 2.95 Billion by 2027, exhibiting a CAGR of 5.0% during 2022-2027.
Companies Mentioned
- 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
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor
A moving walkway system is a pavement powered by motors used for transporting pedestrians. It is integral to an effective airport design as it ensures fast and easy movement of individuals to gates and throughout the entire complex. It also supports high passenger density and mobility, optimal traffic flow, and rapid and self-assisted movement of luggage across spaces. Nowadays, inclined moving walkway systems are widely being installed at airports to move passengers and heavy luggage speedily over long distances between concourses and the terminal to parking and transport stations
The increasing air traffic around the world on account of the growing passenger and business travels and upliftment of lockdown restrictions in numerous countries represents one of the key factors catalysing the demand for airport moving walkway systems to improve the passenger experience. Moreover, rising investments in the expansion and development of airports with a primary focus on maximizing efficiencies in traffic flows, improving operational performance, and reducing costs and delays are offering lucrative growth opportunities to market players. Apart from this, governing authorities of various countries are promoting energy conservation.
As a result, leading players are integrating light-emitting diode (LED) lighting and high-efficiency motors in moving walkway systems. Furthermore, the growing emphasis on airport automation is driving the adoption of moving walkway systems as they provide an effective strategy of directional crowd control and prevent congestion. Besides, as these walkway systems help elderly passengers with reduced mobility to travel comfortably with heavy luggage, a significant rise in the share of older air travellers is projected to contribute to the growth of the market in the coming years
Key Questions Answered in This Report:
- How has the global airport moving walkway system market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global airport moving walkway system market?
- What are the key regional markets?
- What is the breakup of the market based on the business type?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the angle?
- What is the breakup of the market based on the speed?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global airport moving walkway system market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Airport Moving Walkway System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Business Type
7 Market Breakup by Type
8 Market Breakup by Angle
9 Market Breakup by Speed
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/c3s9vz
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