How Has The Airport Moving Walkways Market Size Evolved In Recent Years?
The Airport Moving Walkways Market has experienced steady growth over the past few years, with advancements in smart airport technologies and a rise in demand for contactless and hygienic travel solutions playing crucial roles.
• The market grew from $2.42 billion in 2024 to $2.54 billion in 2025, reflecting a solid CAGR of 4.8%.
This upward trajectory can also be attributed to rapid urbanization and the development of mega-cities, which have necessitated airport expansion, as well as an increase in government initiatives and funding for airport modernization.
What Are The Estimated Market Size And Expected Annual Growth Rates For The Global Airport Moving Walkways Market?
The airport moving walkways market forecast suggests a robust growth period.
• The market is predicted to climb to a value of $3.15 billion by 2029, growing at a CAGR of 5.6%.
Factors such as an ever-increasing emphasis on passenger experience and terminal aesthetics, along with ongoing technological advancements in moving walkway systems, are driving this impressive growth. Additionally, market trends such as energy-efficient and sustainable designs, integration with airport information systems, and design customization are expected to shape the industry landscape in coming years.
What Are Key Drivers Fueling The Growth Of The Airport Moving Walkways Market?
One of the primary drivers propelling the airport moving walkways market's expansion is the growing number of air passengers, who often require help in moving long distances within airport terminals due to heavy luggage. In recognition of this, moving walkways have become an essential component within particularly long concourses or as access to parking facilities. According to the International Civil Aviation Organization (ICAO), this number of airline passengers is projected to hit 10.5 billion globally by 2040, underlining the significant growth potential for airport moving walkways.
What Is The Segmentation Of The Global Airport Moving Walkways Market?
The airport moving walkways market can be segmented in the following ways:
1) By Type: Belt Type, Pallet Type
2) By Inclination Angle: Horizontal, Inclined
3) By Business Type: New Installation, Modernization, Maintenance
4) By Speed: Constant Moving Walkways (CMW), Accelerating Moving Walkways
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What Trends Are Shaping the Future of the Airport Moving Walkway Market?
Companies in the airport moving walkway market are shifting their focus toward the development of advanced moving elevators, which facilitate the vertical movement of passengers between different levels in airport terminals. For example, in June 2023, the Switzerland-based Schindler Group installed six pairs of moving walkways in Level 4 of Tampa International Airport’s long-term parking garage, a move that replaced the old monorail system and eventually led to the restoration of approximately 200 parking spaces.
Who Are The Major Players In The Airport Moving Walkways Market?
Key organizations making significant contributions to the market include:
• Fujitec Co. Ltd
• Hitachi Ltd.
• Hyundai Elevator Co. Ltd.
• Kone Corporation
• Mitsubishi Electric Corporation
• Otis Elevator Company
• Schindler Holding AG
• Stannah Lifts Holdings Ltd.
• Thyssenkrupp AG
• Toshiba Elevator and Building Systems Corporation
Which Region Leads The Global Airport Moving Walkways Market?
Asia-Pacific was the leading region in the airport moving walkways market in 2024 and is also forecasted to be the fastest-growing region in the approaching years. The regions analyzed in the airport moving walkways market report encompass Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
