PUBLISHER: The Business Research Company | PRODUCT CODE: 1995953
PUBLISHER: The Business Research Company | PRODUCT CODE: 1995953
Automated people mover (APM) modernization refers to the process of upgrading and enhancing automated transportation systems that carry passengers along fixed routes, typically within airports, urban areas, or large campuses. It involves replacing outdated infrastructure, vehicles, and control technologies with advanced, energy-efficient, and digitally integrated systems to improve safety, reliability, and passenger comfort. This modernization ensures seamless mobility, reduced operational costs, and greater adaptability to future transportation demands.
The main components of automated people mover (APM) modernization are hardware, software, and services. Hardware includes essential mechanical and electrical components such as propulsion systems, control units, and communication devices that enhance the efficiency and reliability of existing APM systems. It covers various system types, including monorail, automated guideway transit, cable-propelled APM, and others, with different modernization types including vehicle upgrades, control system upgrades, and infrastructure upgrades. Key applications include airports, urban transit systems, amusement parks, hospitals, and other facilities.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the automated people mover modernization market by increasing costs of imported traction motors, control electronics, communication systems, and braking components used in vehicle and infrastructure upgrades. Airports and urban transit systems in North America and Europe are most affected due to reliance on imported advanced hardware, while Asia-Pacific faces higher costs for system exports. These tariffs are increasing modernization project budgets and extending upgrade schedules. At the same time, they are encouraging local system integration, regional component sourcing, and domestic manufacturing of APM subsystems.
The automated people mover (apm) modernization market research report is one of a series of new reports from The Business Research Company that provides automated people mover (apm) modernization market statistics, including automated people mover (apm) modernization industry global market size, regional shares, competitors with a automated people mover (apm) modernization market share, detailed automated people mover (apm) modernization market segments, market trends and opportunities, and any further data you may need to thrive in the automated people mover (apm) modernization industry. This automated people mover (apm) modernization market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automated people mover (apm) modernization market size has grown strongly in recent years. It will grow from $4.31 billion in 2025 to $4.66 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to expansion of airport infrastructure modernization programs, increasing deployment of automated transit systems, rising urban mobility investments, aging apm infrastructure replacement needs, growth in large-scale transport hubs.
The automated people mover (apm) modernization market size is expected to see strong growth in the next few years. It will grow to $6.33 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing investments in smart airport mobility, rising demand for low-emission transit systems, expansion of urban automated transit networks, growing use of data-driven maintenance platforms, increasing focus on system reliability and uptime. Major trends in the forecast period include increasing adoption of advanced control system upgrades, rising integration of digital passenger management systems, growing focus on energy-efficient apm vehicles, expansion of predictive maintenance solutions, enhanced emphasis on passenger comfort and safety.
The growing investment in transportation infrastructure is expected to propel the growth of the automated people mover (APM) modernization market going forward. Transport infrastructure is the network of physical structures such as roads, bridges, railways, and airports that enable movement of people and goods. This investment is driven by the need to improve connectivity, as it enhances mobility, supports economic growth, and enables more efficient movement of people and goods. Investments in transportation infrastructure support automated people mover modernization by enabling system upgrades and technology integration. They improve connectivity, efficiency, and safety within transit networks, promoting sustainable mobility and enhancing passenger experience. For example, in October 2024, the US Department of Transportation reported that investment in bridge projects rose to $635 million in 2024, up from previous allocations under the bridge investment program. Therefore, the rising investment in transportation is driving growth in the automated people mover (APM) modernization market.
Key companies in the automated people mover (APM) modernization market are focusing on securing large-scale contracts, such as automated people mover system upgrade contracts, to enhance operational efficiency and passenger throughput at airports. An automated people mover system upgrade contract is a formal agreement between a service provider and a facility operator to modernize, enhance, or expand an existing APM system. For instance, in April 2024, Alstom S.A., a France-based rail transport and mobility solutions company, signed a contract to upgrade the Innovia Automated People Mover system at King Abdulaziz International Airport in Jeddah, Saudi Arabia. The upgrade involves adding four Innovia APM cars to the existing fleet, modernizing signaling and communication systems with the Cityflo 650 communications-based train control (CBTC) solution, installing platform screen doors, enhancing cybersecurity, and establishing a new operations control room aimed at increasing passenger capacity, improving operational efficiency, and supporting sustainable and safe airport transit.
In May 2025, Vanderlande Industries B.V., a Netherlands-based logistics automation company, acquired Siemens Logistics GmbH for an undisclosed amount. Through this acquisition, Vanderlande aims to expand its global footprint, leverage technological synergies, and deliver advanced, future-ready automation solutions that enhance efficiency and customer value across airport and logistics operations. Siemens Logistics GmbH is a Germany-based transport automation company involved in automated people mover (APM) systems and modernization services.
Major companies operating in the automated people mover (apm) modernization market are Siemens AG, Hitachi Rail Limited, Sumitomo Corporation, CRRC Corporation Limited, Mitsubishi Heavy Industries Ltd., Kiewit Corporation, Fluor Corporation, AECOM, Otis Elevator Company, Jacobs Engineering Group Inc., Balfour Beatty plc, Alstom SA, Parsons Corporation, Keolis SA, Thales Group, Hyundai Rotem Company, Doppelmayr Cable Car GmbH & Co KG, Leitner AG, Intamin Transportation Ltd., Poma Group
North America was the largest region in the automated people mover (APM) modernization market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated people mover (apm) modernization market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automated people mover (apm) modernization market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automated people mover (APM) modernization market includes revenues earned by entities through software updates, automation and signaling upgrades, energy efficiency enhancements, cybersecurity improvements, installation of real-time monitoring systems, design and engineering consulting, and project management services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Automated People Mover (APM) Modernization Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses automated people mover (apm) modernization market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for automated people mover (apm) modernization ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The automated people mover (apm) modernization market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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