Airport Moving Walkway System Market Worth $5,135.6 Million in 2027 | Segments, Key Benefits & Opportunity

The global airport moving walkway system market size is expected to reach $5,135.6 million in 2027

According to a recent report published by Allied Market Research, titled, “Airport Moving Walkway System Market by Business Type, Type, and Angle: Opportunity Analysis and Industry Forecast, 2020–2027,” the global airport moving walkway system market size accounted for $4,155.6 million in 2019 and is expected to reach $5,135.6 million by 2027, registering a CAGR of 3.0% from 2020 to 2027. In 2019, Asia-Pacific dominated the global airport moving walkway system market, in terms of revenue, accounting about 40.5% share of the global airport moving walkway system industry, followed by North America, Europe,and LAMEA.

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In the last couple of decades there has been a rise in number of air travelers due to increase in tourism and preference of travelling by air over road and rail by the middle class population.Thus, rise in number of travelers has led to construction new airport and expand or renovate the existing airports. For instance, as per the data published by The World Bank Groupthere were over 70.2 million passengers in France who used airline to travel in 2018 and the number is expected to considerably increase till 2027. Thus, France government has decided to invest around $270 million and increase the capacity of the Marseille airport by 40% by 2023. Further, China has planned to construct 216 new airports by 2035 to meet the growing demands for air travel.

Key Players

Competitive analysis and profiles of the major players in the market, such as Analogue Holdings Limited (ATAL Engineering Group), Fujitec Co., Ltd, Thyssenkrupp AG, Hitachi, Ltd., Hyundai Elevator Co., Ltd., Kone Corporation, Mitsubishi Electric Corporation, United Technologies, Schindler, and Stannahare provided in this report.

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Key Market Segments

By Business Type

  • New Installation
  • Modernization
  • Maintenance

By Type

  • Belt Type
  • Pallet Type

By Angle

  • Horizontal
  • Inclined

By Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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