Analysis of Airport moving walkways market applications and company’s active in the industry

1. Airport moving walkways market trends research and projections for 2020- 2026 • Airport moving walkwaysor travellators are trending in airports owing to their key advantages of passenger comfort and time saving. Although moving walkways have been functional since decades, it is of late that they are gaining prominence. • Airport moving walkways market is likely to gain remarkable traction on account of rise in number of air travel passengers along with increasing focus on traveler comfort and convenience. • New airport construction and expansion activities are on the rise, which will positively impact sales of moving walkways. The airport moving walkaways industry is at a nascent stage in developing countries, which will provide immense scope for business expansion to travellator manufacturers. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

2. Moreover, introduction of advanced technologies, such as ACCEL for minimizing passenger congestion at busy airports will complement industry growth. In terms of revenue, airport moving walkways market size is touted to cross the USD 2.7 billion mark by 2026. • Major investments directed towards airport improvement projects and construction of new airports will be supplementing airport moving walkways industry share through 2026. Developing countries, including India, China, Japan, etc. are likely to exhibit a substantial hike in budget allocation for the development of airport infrastructure by 2022. • Type-wise, pallet type airport moving walkways are expected to account for over USD 2.3 billion by 2026 owing to increasing product usage as a transportation medium at airports. These walkways do not require system replacement in case of breakage of pallets, unlike belt-type walkways. • Growing adoption of horizontal travellators will contribute substantially to the overall industry share through 2026. Millions of people travel every day and transferring these people from one place to another at airports is a huge task. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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4. Regional Analysis • Europe airport moving walkways market is likely to gain major traction owing to rise in number of foreign tourists and consequent rise in air passenger traffic in the region. • In 2016, Europe recorded an influx of more than 80 million tourists and the number is likely to go up in future. Rising government spending on construction of new airports, as well as expansion and refurbishment of existing airports, will further provide opportunities to product manufacturers across the region. • Competitive Analysis • KONE Corporation, Otis Elevator Company, Schindler Group, Mitsubishi Electric Corporation, Thyssenkrupp AG, Hitachi Ltd., Hyundai Elevator Company, Toshiba Corporation, Stannah and KLEEMANN Hellas SA Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/4566 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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