Automated People Mover (APM) Modernization Market Report 2026

Automated People Mover (APM) Modernization Market Overview

• Automated People Mover (APM) Modernization market size has reached to $4.31 billion in 2025 • Expected to grow to $6.33 billion in 2030 at a compound annual growth rate (CAGR) of 7.9% • Growth Driver: Growing Investment In Transportation Infrastructure Fueling The Growth Of The Market Due To Enhancing Connectivity And System Upgrades • Market Trend: System Upgrade Aims To Enhance Efficiency And Passenger Capacity • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Automated People Mover (APM) Modernization Market?

Automated people mover (APM) modernization refers to the process of upgrading and enhancing automated transportation systems that carry passengers along fixed routes, typically within airports, urban areas, or large campuses. It involves replacing outdated infrastructure, vehicles, and control technologies with advanced, energy-efficient, and digitally integrated systems to improve safety, reliability, and passenger comfort. This modernisation ensures seamless mobility, reduced operational costs, and greater adaptability to future transportation demands. The main components of automated people mover (APM) modernization are hardware, software, and services. Hardware includes essential mechanical and electrical components such as propulsion systems, control units, and communication devices that enhance the efficiency and reliability of existing APM systems. It covers various system types, including monorail, automated guideway transit, cable-propelled APM, and others, with different modernization types including vehicle upgrades, control system upgrades, infrastructure upgrades, and others. It finds applications in airports, urban transit systems, amusement parks, hospitals, and others.

What Is The Automated People Mover (APM) Modernization Market Growth Forecast?

The automated people mover (apm) modernization market size is expected to see strong growth in the next few years. It will grow to $6.33 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing investments in smart airport mobility, rising demand for low-emission transit systems, expansion of urban automated transit networks, growing use of data-driven maintenance platforms, increasing focus on system reliability and uptime. Major trends in the forecast period include increasing adoption of advanced control system upgrades, rising integration of digital passenger management systems, growing focus on energy-efficient apm vehicles, expansion of predictive maintenance solutions, enhanced emphasis on passenger comfort and safety.

Global Automated People Mover (APM) Modernization Market Segmentation

1) By Component: Hardware, Software, Services 2) By System Type: Monorail, Automated Guideway Transit, Cable-Propelled APM, Other System Types 3) By Modernization Type: Vehicle Upgrades, Control System Upgrades, Infrastructure Upgrades, Others Modernization Types 4) By Application: Airports, Urban Transit, Amusement Parks, Hospitals, Other Applications Subsegments: 1) By Hardware: Control Systems, Traction Motors, Communication Systems, Braking Systems, Power Supply Units, Doors And Gates, Passenger Information Displays 2) By Software: Operation Management Software, Passenger Management Software, Maintenance Management Software, Security And Surveillance Software, Data Analytics And Reporting Software 3) By Services: Installation And Integration Services, Maintenance And Support Services, Upgradation And Modernization Services, Training And Consultation Services, System Testing And Commissioning Services

What Is The Driver Of The Automated People Mover (APM) Modernization Market?

The growing investment in transportation infrastructure is expected to propel the growth of the automated people mover (APM) modernization market going forward. Transport infrastructure is the network of physical structures like roads, bridges, railways, and airports that enable movement of people and goods. The growing investment in transportation infrastructure is driven by the need to improve connectivity, as it enhances mobility, supports economic growth, and enables more efficient movement of people and goods. Investments in transportation infrastructure support automated people mover modernization by enabling system upgrades and technology integration. They enhance connectivity, efficiency, and safety within transit networks, promoting sustainable mobility and improving passenger experience. For instance, in October 2024, according to the US Department of Transportation, a US-based government agency, investment in bridge projects has risen to $635 million in 2024, up from previous allocations under the bridge investment program. Therefore, the increasing investment in transportation is driving the growth of the automated people mover (APM) modernization industry.

Key Players In The Global Automated People Mover (APM) Modernization Market

Major companies operating in the automated people mover (apm) modernization market are Siemens AG, Hitachi Rail Limited, Sumitomo Corporation, CRRC Corporation Limited, Mitsubishi Heavy Industries Ltd., Kiewit Corporation, Fluor Corporation, AECOM, Otis Elevator Company, Jacobs Engineering Group Inc., Balfour Beatty plc, Alstom SA, Parsons Corporation, Keolis SA, Thales Group, Hyundai Rotem Company, Doppelmayr Cable Car GmbH & Co KG, Leitner AG, Intamin Transportation Ltd., Poma Group

Global Automated People Mover (APM) Modernization Market Trends and Insights

Major companies operating in the automated people mover (APM) modernization market are focusing on securing large-scale contracts, such as automated people mover system upgrade contracts, to enhance operational efficiency and passenger throughput at Jeddah Airport. Automated people mover system upgrade contract refers to a formal agreement between a service provider and a facility operator to modernize, enhance, or expand an existing automated people mover (APM) system. For instance, in April 2024, Alstom S.A., a France-based rail transport and mobility solutions company, signed a contract to upgrade the Innovia Automated People Mover (APM) system at King Abdulaziz International Airport in Jeddah, Saudi Arabia. The upgrade involves adding four Innovia APM cars to the existing fleet, modernizing signaling and communication systems with the Cityflo 650 communications-based train control (CBTC) solution, installing platform screen doors, enhancing cybersecurity, and establishing a new operations control room aimed at increasing passenger capacity, improving operational efficiency, and supporting sustainable and safe airport transit.

What Are Latest Mergers And Acquisitions In The Automated People Mover (APM) Modernization Market?

In May 2025, Vanderlande Industries B.V., a Netherlands-based logistics automation company, acquired Siemens Logistics GmbH for an undisclosed amount. Through this acquisition, Vanderlande aims to expand its global footprint, leverage technological synergies, and deliver advanced, future-ready automation solutions that enhance efficiency and customer value across airport and logistics operations. Siemens Logistics GmbH is a Germany-based transport automation company involved in automated people mover (APM) systems and modernization services.

Regional Outlook

North America was the largest region in the automated people mover (APM) modernization market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

What Defines the Automated People Mover (APM) Modernization Market?

The automated people mover (APM) modernization market includes revenues earned by entities through software updates, automation and signaling upgrades, energy efficiency enhancements, cybersecurity improvements, installation of real-time monitoring systems, design and engineering consulting, and project management services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Automated People Mover (APM) Modernization Market Report 2026?

The automated people mover (apm) modernization market research report is one of a series of new reports from The Business Research Company that provides market statistics, including Market Report 2026?global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the automated people mover (apm) modernization Market Report 2026? The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the Market Report 2026?