Airport Moving Walkways Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Belt type, Pallet type), By Inclination Angle (Horizontal, Inclined), By Speed (Constant moving walkways (CMW), Accelerating moving walkways (AMW)), By End Users (New Installation, Modernization, Maintenanc) and Region    

Airport Moving Walkways Market size was valued at US$ 1,952.5 million in 2022 and is expected to grow at a CAGR of 4.5% in 2023-2029. A moving walkway or travelator also known as a moving sidewalk, is a transport system that utilizes a conveyor. The moving walkways move persons slowly and safely over a brief distance inclined between two floors or along the ground level of the building. Escalators and walkways have analogous uses. People stand or walk on the conveyor and it begins to roll. Walkways are fitted in pairs with reverse rolling directions and have moving safety handrails on the sides. The surge in the number of air passengers at airports can lead to the airport moving walkways market growth. Moreover, various airports are growing their present infrastructure and upgrading airports in developing and developed nations which has led to an increase in moving walkways installation are some primary factors that can boost the global airport moving walkways market. Apart from these, the increase in the number of tourists by air makes the airport packed, which demands a safe and fast shuttle of passengers which can also accelerate the market in the future. Governments have started payments of large sums on technologically advanced products such as moving walkways to be mounted in airports which can also drive the global market further. However, some factors such as the high cost of installation and the maintenance to substitute any damaged parts are costly which can restrain the growth of the market. If the walkway does not operate or halts while working, then the whole line will standstill. This can create delays in passenger movement which can hinder market growth.