PUBLISHER: Lucintel | PRODUCT CODE: 1418396
PUBLISHER: Lucintel | PRODUCT CODE: 1418396
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 $3.3 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are increasing air travel and the requirement for pathways at airports, growing public investment for airport construction and restoration across economies, and increasing need for walkways with the long terminal distances in airport.
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Airport Walkway by Segment
The study includes a forecast for the global airport walkway by type, angle, speed, installation type, and region.
List of Airport Walkway Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies airport walkway companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the airport walkway companies profiled in this report include-
Airport Walkway Market Insights
Lucintel forecasts that pallet type is expected to witness the higher growth over the forecast period because it is constructed from a series of interconnected metal plates, offers exceptional durability and resistance to wear and tear compared to belt-type walkways.
North America is expected to witness highest growth over the forecast period due to large and growing passenger base in the region.
Features of the Global Airport Walkway Market
Market Size Estimates: Airport walkway market size estimation in terms of value ($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.
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.
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.