Stratview Research has recently published a report on the airport moving walkways market. This strategically evaluated report provides a detailed overview that presents today’s market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.
The Airport Moving Walkways Market is Segmented by Type (Belt Type and Pallet Type), by Inclination Angle Type (Horizontal and Inclined), by Speed Type (Constant Moving Walkways and Accelerating Moving Walkways), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
airport moving walkways market Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the airport moving walkways market is likely to witness a CAGR of 3.5% during the forecast period.
Some of the companies drive the market growth:
- Kone Corporation,
- Otis Elevator Company,
- Schindler Group,
- Thyssenkrupp AG,
- Hit,
- Hyundai Elevator Company,
- Mitsubishi Electric,
- Hitachi etc..
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Segments Analysis
By Inclination Angle Type
Based on the inclination angle type, the market is segmented as horizontal and inclined. Horizontal inclination angle type is expected to lead the market during the forecast period, mainly driven by its increasing use at airports to move passengers between terminals or concourses. An inclination angle of 0º to 6º is found on this type of product. Growing passenger traffic at airport terminals will further boost the need for these products.
By Region
In terms of regions, Asia-Pacific is estimated to account for more than 40% share of the global airport moving walkways market during the forecast period. The market is driven by increasing focus towards building new airports and airport improvement projects across the region. Major countries including China, India, and Japan have reported a surge in the number of air travel passengers over the past few years. These trends are driving the demand for new airports in the Asia-Pacific region, which is further likely to bolster the market growth over the forecast period.
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
About Stratview Research
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