Global Airport Moving Walkway Systems Market Insights Forecasts to 2033

• The Global Airport Moving Walkway Systems Market Size was valued at USD 3.3 Billion in 2023.
• The Market Size is Growing at a CAGR of 3.15% from 2023 to 2033
• The Worldwide Airport Moving Walkway Systems Market Size is expected to reach USD 4.5 Billion by 2033
• Asia Pacific is expected to grow the fastest during the forecast period

The Global Airport Moving Walkway Systems Market Size is expected to reach USD 4.5 Billion by 2033, at a CAGR of 3.15% during the forecast period 2023 to 2033.

The global airport moving walkway systems market is experiencing steady growth, driven by the increasing demand for efficient passenger movement in busy airports. As air travel continues to rise, particularly in emerging markets, airports are investing in infrastructure to enhance passenger experience and operational efficiency. Moving walkways, which help in reducing congestion and improving accessibility, are being increasingly adopted. Technological advancements, such as energy-efficient systems and smart controls, are further propelling market growth. Major players are focusing on innovation, sustainability, and expanding their product portfolios to cater to the growing needs of modern airports. However, high installation and maintenance costs, along with space constraints in older airports, pose challenges to market expansion. Overall, the market is poised for consistent growth in the coming years.

Airport Moving Walkway Systems Market Value Chain Analysis

The value chain of the airport moving walkway systems market encompasses several key stages, from raw material sourcing to end-user installation. It begins with the procurement of essential materials like steel, motors, and control systems, supplied by manufacturers specializing in these components. These materials are then assembled into walkway systems by companies specializing in airport infrastructure. Design and engineering firms play a crucial role in customizing these systems to meet specific airport requirements. Once produced, the systems are transported and installed by specialized contractors, often in collaboration with airport authorities. After installation, maintenance services ensure the long-term functionality and safety of the walkways. Key stakeholders across the value chain, including suppliers, manufacturers, designers, and service providers, collaborate to deliver efficient and reliable walkway systems for airports globally.

Airport Moving Walkway Systems Market Opportunity Analysis

The airport moving walkway systems market presents significant opportunities, driven by rising global air travel and the ongoing expansion of airport infrastructure. Emerging economies, particularly in Asia-Pacific and the Middle East, are investing heavily in new airports and upgrading existing facilities, creating a strong demand for advanced moving walkway systems. The growing emphasis on enhancing passenger experience and accessibility offers further opportunities for innovation in energy-efficient and smart walkway systems. Additionally, the trend toward sustainability in airport operations opens doors for eco-friendly solutions. Companies that focus on technological advancements, such as integration with smart airport systems and customized solutions, are well-positioned to capitalize on these opportunities. The shift toward privatization of airports also provides a fertile ground for private investments in state-of-the-art walkway systems.

Market Dynamics

Airport Moving Walkway Systems Market Dynamics

Increase in number of air travelers at airports

The increasing number of air travelers globally is a significant driver for the airport moving walkway systems market. As air travel becomes more accessible and affordable, airports are experiencing higher passenger volumes, necessitating efficient infrastructure to manage the flow of people. Moving walkways play a crucial role in enhancing passenger experience by reducing congestion and providing convenience, particularly in large or expanding terminals. The surge in air travel, especially in emerging markets, has led to the construction of new airports and the expansion of existing ones, further boosting the demand for moving walkway systems. Airports are increasingly investing in these systems to accommodate growing passenger numbers, improve accessibility, and ensure smooth transit within terminals, making them an essential component of modern airport design.

Restraints & Challenges

The airport moving walkway systems market faces several challenges that could impact its growth. High installation and maintenance costs are significant barriers, particularly for older airports with limited budgets. These costs can be prohibitive, especially when retrofitting existing infrastructure. Space constraints in older terminals further complicate the installation of moving walkways, requiring innovative solutions that may add to expenses. Additionally, the market is highly dependent on airport expansion projects, which can be delayed or canceled due to economic downturns or shifting government priorities. Technological challenges, such as the need for energy-efficient systems and integration with smart airport technologies, also require continuous innovation. Lastly, competition from other passenger mobility solutions, like automated people movers, presents a challenge for market penetration and growth.

Regional Forecasts

North America Market Statistics

North America is anticipated to dominate the  Airport Moving Walkway Systems Market from 2023 to 2033. With some of the world's busiest airports, such as those in Atlanta, Los Angeles, and Chicago, the region sees a high demand for efficient passenger movement solutions. The focus on enhancing passenger experience, reducing congestion, and improving accessibility in these busy hubs drives the adoption of advanced moving walkway systems. Additionally, the emphasis on sustainability and energy efficiency in the region leads to the implementation of eco-friendly and technologically advanced systems. However, the market also faces challenges, including high costs associated with installation and maintenance, particularly in older airports where retrofitting is required. Despite these challenges, North America remains a key market for walkway system providers.

Asia Pacific Market Statistics

Asia Pacific is witnessing the fastest market growth between 2023 to 2033. Emerging nations are heavily investing in new airports and expanding existing ones to accommodate increasing passenger volumes. This surge in infrastructure projects creates a strong demand for advanced moving walkway systems to enhance passenger experience and operational efficiency. Additionally, the region’s focus on modernizing airports with smart and energy-efficient technologies further boosts market growth. However, challenges such as varying regulatory standards across countries and the high costs associated with advanced systems can hinder market expansion. Nevertheless, the Asia-Pacific region presents significant opportunities for growth as it continues to be a global leader in airport development and modernization.

Segmentation Analysis

Insights by Business Type

The airport moving walkway systems segment accounted for the largest market share over the forecast period 2023 to 2033. Horizontal walkways, being the most common, are widely adopted in large and expanding airports to facilitate efficient passenger movement across long distances, such as between gates and terminals. The growth of inclined walkways is fueled by their ability to seamlessly connect different levels, enhancing accessibility and convenience in multi-story terminals. Technological advancements, such as energy-efficient motors and smart control systems, are also contributing to segment growth by improving the performance and sustainability of these systems. Furthermore, the expansion and modernization of airports, especially in emerging markets, are creating a robust demand for customized solutions, driving overall segment growth in the market.

Insights by Type

The new installation segment accounted for the largest market share over the forecast period 2023 to 2033. As air travel demand rises, particularly in emerging markets like Asia-Pacific and the Middle East, there is a growing need for new airport infrastructure equipped with modern passenger mobility solutions. New installations are favored as they allow for the integration of the latest technologies, such as energy-efficient motors, smart control systems, and eco-friendly materials, enhancing operational efficiency and passenger experience. The shift toward smart airports also boosts demand for advanced moving walkway systems in new installations. Additionally, government investments in aviation infrastructure and public-private partnerships further propel the growth of this segment, making it a key driver in the overall market expansion.

Insights by Angle

The horizontal segment accounted for the largest market share over the forecast period 2023 to 2033. These walkways are commonly used in extensive terminal areas, connecting gates, and linking different sections of the airport, such as check-in zones to security checkpoints. The increasing size of airports, driven by rising air travel demand, particularly in regions like Asia-Pacific and the Middle East, is fueling the adoption of horizontal walkways. Their ability to cover long distances and ease passenger flow, especially in high-traffic areas, makes them a preferred choice for airport operators. Additionally, advancements in energy-efficient technologies and smart control systems are driving further investment in this segment, as airports seek to optimize operational efficiency and passenger experience.

Recent Market Developments

• In March 2022, Motum AB, a Swedish company that primarily serves the Swedish market for lifts and automatic doors, has been bought by Mitsubishi Electric Corporation.

Competitive Landscape

Major players in the market

• Mitsubishi Electric Corporation
• Schindler
• Fujitec Co., Ltd
• Kone Corporation
• Stannah
• Analogue Holdings Limited (ATAL Engineering Group)
• Raytheon Technologies Corporation
• Toshiba Elevator and Building Systems Corporation
• Hyundai Elevator Ltd
• Hitachi, Ltd.

Market Segmentation

This study forecasts revenue at global, regional, and country levels from 2023 to 2033.

 Airport Moving Walkway Systems Market, Business Type Analysis

• New Installation
• Maintenance
• Modernization

 Airport Moving Walkway Systems Market, Type Analysis

• Belt
• Pallet

 Airport Moving Walkway Systems Market, Angle Analysis

• Horizontal
• Inclined

Airport Moving Walkway Systems Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa