Airport Walkway Trends and Forecast
The future of the global airport walkway market looks promising with opportunities in the maintenance, modernization, and new installation markets. The global airport walkway market is expected to reach an estimated $3.3 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are increasing air travel and the requirement for pathways at airports, growing public investment for airport construction and restoration across economies, and increasing need for walkways with the long terminal distances in airport.
• Lucintel forecasts that, within the type category, pallet type is expected to witness a higher growth over the forecast period because it is constructed from a series of interconnected metal plates, offers exceptional durability and resistance to wear and tear compared to belt-type walkways.
• In terms of regions, North America is expected to witness the highest growth over the forecast period due to large and growing passenger base in the region.
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Emerging Trends in the Airport Walkway Market
Emerging trends in the airport walkway market are shaping its future applications and market dynamics:
• Energy efficiency: A key trend is the development of energy-efficient airport walkways through low-power motors and LED lighting. This cuts down on energy usage and consequently reduces operational costs, aligning with sustainable goals and green airport practices.
• Smart technologies: The integration of smart technology in areas such as touchless controls, real-time monitoring, and computerized maintenance alerts has changed airport walkways. These improvements make operations more effective while increasing safety levels for passengers.
• Modular and customizable designs: Designers now favor modular walkway designs that are quick to install and customize. This allows for easier upgrades or repairs, minimizing downtime caused by breakdowns.
• Sustainability and eco-friendly materials: Awareness of sustainable materials for constructing walkways has risen lately. There is an ongoing trend toward eco-friendly building constructions, including the use of recycled materials and low-emission production processes.
• Fast-moving walkways: In airports with many passengers, there is increasing demand for high-speed walkways. These walkways ease passenger movement and enable faster transit between terminals, making the airport more effective.
• More safety features: New features include better handrails, non-slip surfaces, and advanced emergency systems, all aimed at improving passenger safety and comfort while addressing concerns associated with these pathways.
Therefore, the emerging trends in the airport walkway market include energy efficiency, smart technologies, modular designs, sustainability, high-speed options, and enhanced safety. These trends lead to innovation in airport infrastructure functionality and sustainability, thus shaping future walkways in airports.
Recent Developments in the Airport Walkway Market
Ongoing innovations and advancements in various sectors of the airport walkway market have been highlighted by recent developments:
• Introduction of energy-saving walkways: Many airports are installing energy-saving walkways that use low-power motors and LED lighting. Such systems have led to a significant reduction in energy consumption, helping to lower maintenance costs and conform to global objectives for environmental conservation. Recent installations across major US airfields have been designed to reduce operational expenses and support green initiatives.
• Advancements in modular walkway designs: Modular designs are increasingly popular, leading to quick installation and easy maintenance. These systems can be reconfigured or upgraded with minimal disruption to airport operations, enhancing service efficiency in busy airports.
• Integration of smart technologies: The number of intelligent machines used along travel paths within air terminals is growing steadily. This enhances operational effectiveness through real-time tracking and automated maintenance alerts, increasing convenience for travelers. Recent implementations in major congested airports globally demonstrate how these technologies enhance the overall transit experience.
• Development of high-speed walkways: High-speed walkways help solve the problem of overcrowding in terminals, enabling passengers to move quickly from one part of the airport to another. These walkways minimize congestion and expedite the flow of people through terminals, as seen in recent upgrades to prominent international airports.
• Focus on eco-friendly materials: There is a growing trend of using green materials in constructing paths, including recycled materials and low-emission production processes that contribute to reduced environmental impact. Recent developments across Asia and Europe have seen eco-friendly materials integrated into new and refurbished airport walkways.
Thus, recent changes in the airport walkway market highlight innovations such as energy efficiency, modular designs, smart technology, high-speed options, and ecological materials. These improvements enhance the functionality, sustainability, and efficiency of airport walkways, addressing modern needs and improving passenger services.
Strategic Growth Opportunities for Airport Walkway Market
Some key strategic growth opportunities for this market include:
• Investment in Energy-Efficient Systems: Energy-efficient airport walkways offer operational cost reductions while aligning with sustainability goals for firms investing. Airports aiming at lowering their carbon footprints together with operating expenses may consider power-saving devices like LED lighting as well as low-power motors.
• Expansion into Emerging Markets: Expansion towards developing markets has presented significant opportunities for walkway providers due to increased investment on airport infrastructure development projects.
• Development of Smart Walkway Technologies: Integrating the smart technology into airport walkways enhances operational efficiency and passenger experience. Differentiating features for this product may include real-time monitoring, automated maintenance, and touchless controls to make it attractive to airports that want to modernize their infrastructure.
• Customization and Modular Solutions: Providing walkway solutions that can be customized and modularized can cater to different needs of various airports. Some of them are suited for particular designs while others can quickly be changed making them suitable for different types of airports in terms of requirements.
• Focus on High-Speed and High-Traffic Solutions: Major international airports have growth opportunities in developing high-speed walkways that can take care of a large number of passengers. Passenger flow is improved while transit time is reduced by such solutions thus meeting the needs busy terminals as well as improving performance at any given airport.
In conclusion, Strategic growth opportunities in the airport walkway market therefore include investments in energy efficient systems, moving into new markets, incorporating smart technologies, customization and high speed solutions among other possible avenues. These opportunities are useful in driving market growth enhancing product offerings and addressing changing trends in airport infrastructure requirements.
Airport Walkway Market Driver and Challenges
The airport walkway market, which includes passenger boarding bridges, moving walkways, and escalators, is vital for improving efficiency and convenience in airports. These systems manage terminal passenger traffic flow and serve as connectors within an airport complex, linking gates with check-in counters and baggage claim areas. The demand for airport walkways is poised to increase steadily due to global air travel growth, underpinned by rising passenger numbers and investments in airport infrastructure development. However, this growth comes with various drivers and challenges that influence market dynamics.
Factors driving the airport walkway market include:
• Increasing passenger traffic: Demand for efficient modern airport infrastructures, including walkways, has risen due to rising global air travel volumes. To cope with increasing passenger numbers, airports have invested heavily in advanced walkway systems to enhance overall efficiency.
• Focus on sustainability: Sustainable practices embraced by most airports include the use of energy-efficient walkway systems. This focus aligns with broader environmental objectives and lowers costs associated with energy consumption and maintenance.
• Technological advancements: Improvements in smart controls and energy-efficient components have expanded the market for walkway technology. Modern walkways attract airports because they enhance functionality, passenger experience, and operational efficiency.
• Expansion of airport infrastructure: Global development and expansion of airport facilities create demand for new walkway systems. Investments in airport infrastructure and modernization projects drive the need for these systems.
Challenges in the airport walkway market include:
• High initial costs: The costs associated with advanced walkway systems can be high, posing a challenge to budget-constrained airport projects. In less developed countries, initial costs may limit the adoption of such technologies due to higher capital investment requirements.
• Maintenance and durability issues: Ensuring long-term durability and maintenance of walkway systems is challenging. Regular upkeep and repairs are necessary due to frequent use and environmental factors, which can affect operational efficiency and increase overheads.
• Regulatory and safety compliance: Meeting strict safety regulations can be costly. Various standards and regulations must be adhered to by any walkway system, affecting its design, installation, and operations.
• Integration with existing infrastructure: Installing new walkway systems in an existing airport environment is difficult, especially in busy terminals. Coordinating with other systems and minimizing disruptions during installation are important considerations.
These drivers include growing passenger traffic, a focus on sustainability, technological advancements, and airport expansion, while challenges relate to high initial costs, maintenance, regulatory compliance, and integration into existing infrastructures. Addressing these factors is key to growth in the market and success in operations.
List of Airport Walkway Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies airport walkway companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the airport walkway companies profiled in this report include-
• Alstef Group
• Analogue Holdings
• Fujitec
• Hitachi
• Hunan Hua-Alu Machinery Technology
• Hyundai Elevator
• JFE Technos
• KLEEMANN
• KONE
• Lock It Safe
Airport Walkway by Segment
The study includes a forecast for the global airport walkway by type, angle, speed, installation type, and region.
Airport Walkway Market by Type [Analysis by Value from 2018 to 2030]:
• Belt Type
• Pallet Type
Airport Walkway Market by Angle [Analysis by Value from 2018 to 2030]:
• Horizontal
• Inclined
Airport Walkway Market by Speed [Analysis by Value from 2018 to 2030]:
• Accelerating Moving Walkways
• Constant Moving Walkways
Airport Walkway Market by Installation Type [Analysis by Value from 2018 to 2030]:
• Maintenance
• Modernization
• New Installation
Airport Walkway Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Airport Walkway Market
Major players in the market are expanding their operations and forming strategic partnerships to strengthen their positions. Recent developments by major airport walkway producers in key regions include:
• United States: In the U.S., energy-efficient airport walkways employing LED lighting and low-power motors have been developed to reduce operational costs. There is also a trend toward modular designs that enable faster installation and easier maintenance. Airports are investing in improved safety features and enhanced passenger comfort through advanced materials and ergonomic designs.
• China: The Chinese market is expanding rapidly due to the construction of new airports and terminals, increasing demand for modern airport walkways. Innovations include touchless controls and real-time monitoring systems integrated with smart technologies. Additionally, Chinese manufacturers are focusing on high-speed walkways capable of handling more passengers, thereby enhancing airport efficiency.
• Germany: GermanyÄX%$%Xs airport walkways prioritize eco-friendliness, with a focus on sustainable materials and energy-efficient systems. Recent projects feature advancements in noise reduction technologies and improved durability of walkway components. German airports are also exploring customization and high-tech features to enhance passenger experience and operational efficiency.
• India: India is experiencing significant growth in its airport infrastructure sector, leading to increased demand for new airport walkways. Recent developments include advanced safety and accessibility measures such as better handrails and non-slip surfaces. Upgrading existing walkways to meet international standards for passenger convenience in crowded terminals is also a priority.
• Japan: Japan continues to produce high-speed, compact airport walkways that efficiently handle large passenger volumes. New versions are made of lightweight materials with sophisticated control systems that ensure smoother travel. Japanese airports have adopted smart technologies, enabling real-time updates and improved overall passenger experience.
Features of the Global Airport Walkway Market
Market Size Estimates: Airport walkway market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Airport walkway market size by type, angle, speed, installation type, and region in terms of value ($B).
Regional Analysis: Airport walkway market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, angle, speed, installation type, and regions for the airport walkway market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the airport walkway market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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FAQ
Q1. What is the airport walkway market size?
Answer: The global airport walkway market is expected to reach an estimated $3.3 billion by 2030.
Q2. What is the growth forecast for airport walkway market?
Answer: The global airport walkway market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the airport walkway market?
Answer: The major drivers for this market are increasing air travel and the requirement for pathways at airports, growing public investment for airport construction and restoration across economies, and increasing need for walkways with the long terminal distances in airport.
Q4. What are the major segments for airport walkway market?
Answer: The future of the global airport walkway market looks promising with opportunities in the maintenance, modernization, and new installation markets.
Q5. Who are the key airport walkway market companies?
Answer: Some of the key airport walkway companies are as follows:
• Alstef Group
• Analogue Holdings
• Fujitec
• Hitachi
• Hunan Hua-Alu Machinery Technology
• Hyundai Elevator
• JFE Technos
• KLEEMANN
• KONE
• Lock It Safe
Q6. Which airport walkway market segment will be the largest in future?
Answer: Lucintel forecasts that pallet type is expected to witness the higher growth over the forecast period because it is constructed from a series of interconnected metal plates, offers exceptional durability and resistance to wear and tear compared to belt-type walkways.
Q7. In airport walkway market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to large and growing passenger base in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the airport walkway market by type (belt type and pallet type), angle (horizontal and inclined), speed (accelerating moving walkways and constant moving walkways), installation type (maintenance, modernization, and new installation), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Airport Walkway Market, Airport Walkway Market Size, Airport Walkway Market Growth, Airport Walkway Market Analysis, Airport Walkway Market Report, Airport Walkway Market Share, Airport Walkway Market Trends, Airport Walkway Market Forecast, Airport Walkway Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.