According to the research report titled ‘Airport Moving Walkways Market Size By Type, By Inclination Angle , By Speed, Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report, global airport moving walkaways market is anticipated to record significant growth over the period of 2020-2026.
 

According to the report, the factors driving the growth of airport moving walkways market include growing popularity of travelators due to increasing preference and frequency of air travel across world. The mechanism of walkways enables for efficient traverse of individuals without getting fatigued, thereby favoring the overall market outlook.
 

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For the record, a moving walkway or travellator is a moving mechanism used in airports to transport the passengers over short distances, across a horizontal or inclined plane. They are not only easy to install but are also to use. They are installed with safety handrailed that move along with the walkways, hence providing additional support.
 

Moving walkways comprise of rubber or mesh metal moving belt that generally moves over a metal roller. Rising adoption of walkways in airports in order to move passengers with heavy luggage quickly over long distances is stimulating the industry outlook.
 

Based on type, airport moving walkways market is divided into pallet type and belt type, among which the former accounted for 83.3% of the market share in 2019. The segment is anticipated to exhibit a 3.6% CAGR over the period of 2020-2026.
 

Elaborating on the product landscape, airport moving walkways industry is split into inclined and horizontal. The report states that horizontal moving walkways market segment accounted for 91.7% of the market share in the year 2019.
 

With regards to speed, the AMW segment is projected to register a CAGR of 3.5% over 2020-2026, primarily due to its minimal space requirements, low noise levels, high capacity, higher speed, and lower energy consumption as compared to other traditional walkways.
 

Regionally, North America moving walkways industry garnered a revenue worth USD 261.1 million in 2019 and is expected to record further expansion through 2026.
 

The major companies operating in airport moving walkways industry are Kleemann Hellas S.A., Stannah Lifts Holdings Ltd, Toshiba Corporation, Hyundai Elevator Co. Ltd., Hitachi Ltd., ThyssenKrupp AG, Mitsubishi Electric Corporation, Schindler Group, Otis Worldwide Corporation, and KONE Oyj among others.