Report Description Table of Contents The airport moving walkway market was worth USD 2.1 billion in 2023 and will be worth USD 3.4 billion by 2030, growing at a CAGR of 6.8% during the forecast period. The Airport Moving Walkway Market growth is influenced by the rising number of air passengers and the ongoing extension and updation of airports worldwide. Air traffic is expected to grow and get to over 8 billion passengers per year by 2030, and due to this, airports are installing moving walkways to ease the congestion of traffic within airports and to improve passenger comfort. For instance, large international airports such as Dubai International and Beijing Capital International are adding new terminals with moving walkways to enhance and ease transit for extended distances. Recent developments include Thyssenkrupp’s new arrivals, the high-efficiency, energy-saving moving walkway system equipped with smart sensors and automation systems that detect load status and adjust the speed and power requirement of the moving walkway. Such innovations indicate that the market is directed towards improving the passenger experience and increasing operational efficiency, something that the need for modern airport facilities has fueled. The Airport Moving Walkway Market is promising, especially based on the growing airport development projects worldwide, where the airport infrastructure investment is predicted to be over $1 trillion by 2030. For instance, some developing and expanding airports in Asia-Pacific, including Beijing Daxing International Airport, are installing elaborate systems of moving sidewalks to address many individuals. This is a relatively new one – now, Schindler is offering a modular moving walkway system that can be easily integrated into different airport layouts, flexible and adaptable. These developments correspond to the ongoing airport upgrade and modernization to provide innovative mobility solutions, which proves the progressive nature of the market as more airports around the world focus on flexible transportation routing. Market Segmentation By Type: Horizontal Moving Walkways Inclined Moving Walkways By Technology: Pallet Type Belt Type By Component: Motor and Drive System Controller and Sensor System Handrails and Pallets/Belts Support Structures Modernization/Retrofit By End-User: Large International Airports Small to Medium Domestic Airports By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA Segment Analysis for the Airport Moving Walkway Market By Type: Leading Segment: Horizontal Moving Walkways Horizontal moving walkways dominate the market, accounting for over 60% of the total market share due to their widespread deployment in large international airports and transit hubs. These walkways enhance passenger convenience in long airport corridors, reducing walking time & improving mobility. Major airports like Dubai International (DXB) & Atlanta Hartsfield-Jackson (ATL) have extensive installations of horizontal moving walkways, facilitating the movement of millions of passengers annually. The segment is expected to grow steadily at a CAGR of 5.8% over the next five years. Fastest-Growing Segment: Inclined Moving Walkways Inclined moving walkways are growing at a CAGR of 7.2%, driven by increasing installations in multi-level airport terminals and connections to transit hubs. These systems allow passengers to seamlessly transition between different floors, reducing congestion & enhancing accessibility. Airports such as Hong Kong International Airport (HKG) & Incheon International Airport (ICN) are integrating inclined walkways into their modern terminal designs, particularly for connections between concourses & public transport links. By Technology: Leading Segment: Pallet Type Walkways Pallet-type moving walkways hold a dominant market share of around 65%, primarily due to their durability & higher load-bearing capacity. These systems are widely used in airports where high foot traffic & baggage movement demand a robust infrastructure. Companies like Thyssenkrupp & Schindler supply pallet-based moving walkways to international airports, ensuring smooth & efficient operations. Fastest-Growing Segment: Belt Type Walkways Belt-type walkways are experiencing rapid growth at a CAGR of 6.9%, mainly due to their smooth surface, making them ideal for passengers using luggage trolleys & carts. Airports with heavy transit traffic, such as Singapore Changi Airport (SIN) & Tokyo Narita Airport (NRT), are increasingly adopting belt-type moving walkways to enhance passenger experience and reduce wear and tear on luggage wheels. By Component: Leading Segment: Motor and Drive System Motor and drive systems account for approximately 30% of the total market revenue, as they are critical to the efficient operation of moving walkways. With airports focusing on energy-efficient solutions, there is a significant demand for variable frequency drives (VFDs) and smart motors that reduce electricity consumption. Companies such as Otis & KONE are at the forefront of developing energy-efficient drive systems for moving walkways. Fastest-Growing Segment: Modernization/Retrofit The modernization segment is growing at a CAGR of 7.5%, driven by aging airport infrastructure & the need for energy-efficient replacements. Airports such as London Heathrow (LHR) and Los Angeles International (LAX) are undertaking walkway modernization projects to integrate advanced safety sensors, energy-efficient motors & predictive maintenance technologies, reducing downtime & operational costs. By End-User: Leading Segment: Large International Airports Large international airports account for nearly 70% of the market share, as they handle extensive passenger traffic and require multiple moving walkways across terminals and concourses. Airports such as Beijing Capital International Airport (PEK) and Frankfurt Airport (FRA) are investing heavily in automated walkway systems to improve passenger flow and enhance connectivity within their terminals. Fastest-Growing Segment: Small to Medium Domestic Airports Smaller domestic airports are witnessing a CAGR of 6.8%, driven by regional airport expansions and increased passenger footfall. With rising air travel demand, airports such as Chennai International Airport (MAA) and Mexico City International Airport (MEX) are installing moving walkways to improve terminal accessibility & enhance passenger experience. By Region: Leading Region: North America North America holds a 35% market share, with the U.S. leading in moving walkway installations due to its large airport network. Airports like Dallas/Fort Worth International Airport (DFW) & Chicago O’Hare International Airport (ORD) are continuously upgrading their walkways with energy-efficient and sensor-based automation solutions. The region’s market growth is propelled by high passenger traffic and increasing airport infrastructure investments. Fastest-Growing Region: Asia-Pacific Asia-Pacific is the fastest-growing region, with a CAGR of 8.2%, due to rapid airport expansion in countries like China, India, and Southeast Asia. Government-backed aviation development programs, such as India's UDAN scheme, are driving investments in modern airport facilities, including moving walkways. Shanghai Pudong International Airport (PVG) & Indira Gandhi International Airport (DEL) are expanding their moving walkway networks to accommodate rising passenger volumes & enhance travel efficiency. Key Players Thyssenkrupp AG Schindler Group Otis Elevator Company KONE Corporation Mitsubishi Electric Corporation Fujitec Co., Ltd. Hitachi, Ltd. Hyundai Elevator Co., Ltd. Stannah Lifts Holdings Ltd. Toshiba Elevator and Building Systems Corporation Airport Moving Walkway Market Report Coverage Report Attribute Details Forecast Period 2023 – 2030 Market Size Value in 2023 USD 2.1 billion Revenue Forecast in 2030 USD 3.4 billion Overall Growth Rate CAGR of 6.8% Base Year for Estimation 2022 Historical Data 2017 – 2021 Unit USD Billion, CAGR (2023 - 2030) Segmentation By Type, By Technology, By Component, By End-User, By Region By Type Horizontal Moving Walkways, Inclined Moving Walkways By Technology Pallet Type, Belt Type By Component Motor and Drive System, Controller and Sensor System, Handrails and Pallets/Belts, Support Structures, Modernization/Retrofit By End-User Large International Airports, Small to Medium Domestic Airports By Region North America, Europe, Asia Pacific, LAMEA Country Scope US, Mexico, Canada, Germany, UK, France, China, Japan, India, etc. Pricing and Purchase Options Avail customized purchase options to meet your exact research needs. Frequently Asked Question About This Report Which region held the largest Airport Moving Walkway Market share? The Asia-Pacific region holds the largest market share, accounting for over 40% of the global market, attributed to significant investments in airport infrastructure and the increasing number of air travelers in countries like China and India. Which application had the largest Airport Moving Walkway Market share? The horizontal moving walkways segment dominates the market, as these systems are extensively used in large international airports to facilitate passenger movement over long distances within terminals. How big is the Airport Moving Walkway Market? The airport moving walkway market was valued at USD 2.1 billion in 2023 and is projected to reach USD 3.4 billion by 2030, growing at a CAGR of 6.8% during the forecast period. What are the key factors driving the growth of the Airport Moving Walkway Market? Rising air traffic, projected to exceed 8 billion passengers annually by 2030, is driving airport expansions and the adoption of moving walkways to ease congestion and enhance passenger comfort. Who are the major players in the Airport Moving Walkway Market? Prominent companies in the airport moving walkway market include Thyssenkrupp AG, Schindler Group, and other key players focusing on innovative mobility solutions for airport infrastructure. . Table of Contents 1. AIRPORT MOVING WALKWAY MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. AIRPORT MOVING WALKWAY MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – AIRPORT MOVING WALKWAY MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Type of AIRPORT MOVING WALKWAY and End Use Outlook Analysis 4. HISTORIC TRENDS IN AIRPORT MOVING WALKWAY MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA AIRPORT MOVING WALKWAY MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America AIRPORT MOVING WALKWAY Historical Market ($MILLION), (2017 – 2023) 6.2. North America AIRPORT MOVING WALKWAY Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 6.3.1. Horizontal Moving Walkways 6.3.2. Inclined Moving Walkways 6.4. North America AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 6.4.1. Pallet Type 6.4.2. Belt Type 6.5. North America AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 6.5.1. Motor and Drive System 6.5.2. Controller and Sensor System 6.5.3. Handrails and Pallets/Belts 6.5.4. Support Structures 6.5.5. Modernization/Retrofit 6.6. North America AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 6.6.1. Large International Airports 6.6.2. Small to Medium Domestic Airports 6.7. North America AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA AIRPORT MOVING WALKWAY MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE AIRPORT MOVING WALKWAY MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe AIRPORT MOVING WALKWAY Historical Market ($MILLION), (2017 – 2023) 8.2. Europe AIRPORT MOVING WALKWAY Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 8.4. Europe AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 8.5. Europe AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 8.6. Europe AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 8.7. Europe AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC AIRPORT MOVING WALKWAY MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC AIRPORT MOVING WALKWAY Historical Market ($MILLION), (2017 – 2023) 9.2. APAC AIRPORT MOVING WALKWAY Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 9.4. APAC AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 9.5. APAC AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), ByComponent 9.6. APAC AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 9.7. APAC AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA AIRPORT MOVING WALKWAY MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America AIRPORT MOVING WALKWAY Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America AIRPORT MOVING WALKWAY Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 10.4. Latin America AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 10.5. Latin America AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), ByComponent 10.6. Latin America AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 10.7. Latin America AIRPORT MOVING WALKWAY Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. Thyssenkrupp AG 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Schindler Group 11.3. Otis Elevator Company 11.4. KONE Corporation 11.5. Mitsubishi Electric Corporation 11.6. Fujitec Co., Ltd. 11.7. Hitachi, Ltd. 11.8. Hyundai Elevator Co., Ltd. 11.9. OTHER MARKET PLAYERS