Airport Travelator Market Size, Industry Growth & Forecast 2024-2032
The Reports and Insights, a leading market research company, has recently releases report titled “Airport Travelator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Airport Travelator Market Trends, size, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Airport Travelator Market?
The airport travelator market size reached US$ 2.3 billion in 2023. The market to reach US$ 3.3 billion in 2032, exhibiting a growth rate (CAGR) of 4.0% during 2024-2032.
What are Airport Travelator?
An airport travelator, or moving walkway, is a flat, conveyor-like mechanism that transports individuals horizontally or on a gentle incline within an airport terminal. Its purpose is to enable passengers to traverse long distances more swiftly and with less exertion than walking. Travelators are frequently utilized in airports to link terminals, concourses, or to aid passenger movement between various airport areas. They typically feature handrails for safety and operate in both directions, allowing passengers to either stand or walk along them.
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What are the growth prospects and trends in the Airport Travelator industry?
The airport travelator market growth is driven by various and factors. The airport travelator market involves the global supply and demand for moving walkways within airport terminals. This market is primarily motivated by the goal of improving passenger experience through efficient and convenient terminal transportation. Growth drivers include rising air travel, expansions of airport facilities, and efforts to enhance airport infrastructure. Manufacturers are responding with innovations like energy-efficient and technologically advanced travelators to meet the changing demands of airports and passengers alike. Hence, all these factors contribute to airport travelator market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
- Straight Travelators
- Curved Travelators
- Inclined Travelators
By Speed:
- Constant Speed Travelators
- Variable Speed Travelators
By Material:
- Aluminum Travelators
- Stainless Steel Travelators
- Glass Travelators
By Application:
- Terminals
- Concourses
- Boarding Gates
- Baggage Claim Areas
By End-User:
- Domestic Airports
- International Airports
Segmentation By Region:
North America:
- United States
- Canada
Europe:
- Germany
- United Kingdom
- France
- Italy
- Spain
- Poland
- Russia
- BENELUX
- NORDIC
- Rest of Europe
Asia Pacific:
- China
- Japan
- India
- South Korea
- Australia & New Zealand
- Rest of Asia Pacific
Latin America:
- Brazil
- Mexico
- Argentina
Middle East & Africa:
- Saudi Arabia
- South Africa
- United Arab Emirates
- Israel
- Egypt
Who are the key players operating in the industry?
The report covers the major market players including:
- Schindler Group
- Thyssenkrupp AG
- KONE Corporation
- Otis Elevator Company
- Mitsubishi Electric Corporation
- Fujitec Co., Ltd.
- Toshiba Corporation
- Hitachi, Ltd.
- Hyundai Elevator Co., Ltd.
- Guangri Elevator Industry Co., Ltd.
- Sigma Elevator Co., Ltd.
- Sematic S.p.A. (Wittur Group)
- Kleemann Hellas SA
- Schindler Hiss AG
- Shenyang Yuanda Intellectual Industry Group Co., Ltd.
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