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INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

India Airport Moving Walkway Systems Market by Business Type (New Installation, Modernization, Maintenance) Market by Type (Belt Type, Pallet Type) Market by Angle (Horizontal Angle, Inclined Angle)


MARKET OVERVIEW

The India airport moving walkway systems market is anticipated to grow with a CAGR of 4.99% during the forecasted period, 2024 to 2032, capturing a revenue share of $380.63 million by 2032.

The airport moving walkway systems market in India has witnessed substantial growth over the past decade, spurred by a surge in urbanization and the Indian government’s concerted efforts to make air travel more accessible and affordable. This strategic focus on expanding and upgrading airport infrastructure has fueled the demand for advanced passenger transportation solutions, including moving walkway systems.

India Airport Moving Walkway Systems Market

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The increase in urbanization in India has led to a growing need for new airports and the upgradation of existing ones to accommodate the rising demand for air travel. One notable example is the expansion plan of Chennai Airport. Additionally, the airport planned the construction of a new terminal. Such initiatives are indicative of the proactive measures taken by Indian airports to enhance their facilities and accommodate the increasing passenger traffic. There remains a significant future need for airport moving walkway systems in India. The government’s ambitious plan to build new airports and reopen old ones, with a target of establishing 100 airports and introducing 1,000 new routes with advanced facilities by 2024, underscores the sustained growth potential for the market. This extensive expansion plan aligns with the vision to make air travel more widespread and accessible across the country.

The India airport moving walkway systems market is segmented into business type, type, and angle. The type segment includes a new belt type and pallet type. Belt-type airport moving walkway systems, also known as conveyor or travelator systems, represent a pivotal component of modern airport infrastructure designed to enhance passenger mobility and optimize the flow of foot traffic within terminals. These systems consist of a moving belt or series of interlinked belts that transport passengers horizontally or on an incline, offering a convenient and time-saving alternative to walking. One of the primary advantages of belt-type moving walkway systems lies in their ability to cover large distances within airports efficiently. Passengers can traverse terminals, concourses, and connecting areas without the need for extensive walking, reducing fatigue and enhancing overall convenience. This is particularly beneficial in large international airports where the distances between gates and terminals can be substantial.

Pallet type airport moving walkway systems represent an innovative and efficient solution for enhancing passenger transit within airport terminals. Unlike traditional belt-type systems, pallet systems consist of a series of flat pallets or platforms that move continuously along a track, providing a seamless and comfortable transportation experience for passengers. One of the distinctive features of pallet type systems is their modular design. The pallets are arranged in a continuous loop, allowing for easy customization of the system’s length to suit the specific requirements of airport terminals. This modular approach enables airports to adapt the moving walkway systems to their unique spatial constraints and passenger flow patterns.

Some of the top companies operating in the India airport moving walkway systems market include Fujitec Co Ltd, Hitachi Ltd, KONE Corporation, etc.

Fujitec Co Ltd, headquartered in Japan, is a leading brand of elevators and escalators. It was the first Japanese elevator and escalator company to expand its business overseas. It designs & develops, and manufactures elevators, escalators, and moving walkways. In addition, it also sells, installs, and maintains elevators, escalators, transport systems, moving walks, and other products. The moving walks are installed at various infrastructural facilities like airports, malls, railway or metro stations, and others. Another notable strength of Fujitec is its global presence and extensive network. The company has successfully established a strong footprint in various international markets, allowing it to tap into diverse regions and cater to a wide range of clients.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments Analyzed
Business Type, Type, and Angle
Countries AnalyzedIndia
Companies AnalyzedFujitec Co Ltd, Hitachi Ltd, Hyundai Elevator Co Ltd, KONE Corporation, Mitsubishi Electric Corporation, Schindler, Thyssenkrupp AG
TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY SNAPSHOT – INDIA
    3. COUNTRY ANALYSIS – INDIA
    4. SCOPE OF STUDY
    5. CRISIS SCENARIO ANALYSIS
      1. IMPACT OF COVID-19 ON THE AIRPORT MOVING WALKWAY SYSTEMS MARKET
    6. MAJOR MARKET FINDINGS
      1. RAPID URBANIZATION DRIVING AIRPORT EXPANSION
      2. MANUFACTURERS ARE INCORPORATING ADVANCED FEATURES TO ENHANCE SYSTEM PERFORMANCE
      3. INCREASED COLLABORATIONS AND PARTNERSHIPS
      4. FOCUS ON SUSTAINABLE SOLUTIONS
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. THE RISE IN AIR TRAVEL DUE TO ECONOMIC GROWTH AND GLOBALIZATION
      2. ONGOING AIRPORT INFRASTRUCTURE DEVELOPMENT PROJECTS
      3. AIRPORTS ARE INCREASINGLY FOCUSING ON ENHANCING THE OVERALL PASSENGER EXPERIENCE
    2. KEY RESTRAINTS
      1. THE COST OF INTEGRATING THESE SYSTEMS INTO EXISTING AIRPORT INFRASTRUCTURE CAN BE A RESTRAINT
      2. RETROFITTING EXISTING STRUCTURES MAY NOT BE FEASIBLE
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
      1. INTEGRATION OF IOT (INTERNET OF THINGS)
      2. SMART CONNECTIVITY
      3. TOUCHLESS TECHNOLOGIES
      4. ENERGY-EFFICIENT DESIGNS
      5. MODULAR AND CUSTOMIZABLE SOLUTIONS
    2. PESTLE ANALYSIS – INDIA
    3. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    4. GROWTH PROSPECT MAPPING – INDIA
    5. MARKET CONCENTRATION ANALYSIS
    6. VALUE CHAIN ANALYSIS
  5. MARKET BY BUSINESS TYPE
    1. NEW INSTALLATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. MODERNIZATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. MAINTENANCE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY TYPE
    1. BELT TYPE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. PALLET TYPE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY ANGLE
    1. HORIZONTAL ANGLE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. INCLINED ANGLE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
      4. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. FUJITEC CO LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES
      2. HITACHI LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES
      3. HYUNDAI ELEVATOR CO LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES
      4. KONE CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES
      5. MITSUBISHI ELECTRIC CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES
      6. SCHINDLER
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES
      7. THYSSENKRUPP AG
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – AIRPORT MOVING WALKWAY SYSTEMS

TABLE 2: COUNTRY SNAPSHOT – INDIA

TABLE 3: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY BUSINESS TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 4: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY BUSINESS TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 5: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 6: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 7: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY ANGLE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 8: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY ANGLE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 9: LIST OF MERGERS & ACQUISITIONS

TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: MAJOR MARKET FINDINGS

FIGURE 2: MARKET DYNAMICS

FIGURE 3: KEY MARKET TRENDS

FIGURE 4: PORTER’S FIVE FORCES ANALYSIS

FIGURE 5: GROWTH PROSPECT MAPPING – INDIA

FIGURE 6: MARKET CONCENTRATION ANALYSIS

FIGURE 7: VALUE CHAIN ANALYSIS

FIGURE 8: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, GROWTH POTENTIAL, BY BUSINESS TYPE, IN 2023

FIGURE 9: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY NEW INSTALLATION, 2024-2032 (IN $ MILLION)

FIGURE 10: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY MODERNIZATION, 2024-2032 (IN $ MILLION)

FIGURE 11: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY MAINTENANCE, 2024-2032 (IN $ MILLION)

FIGURE 12: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2023

FIGURE 13: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY BELT TYPE, 2024-2032 (IN $ MILLION)

FIGURE 14: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY PALLET TYPE, 2024-2032 (IN $ MILLION)

FIGURE 15: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, GROWTH POTENTIAL, BY ANGLE, IN 2023

FIGURE 16: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY HORIZONTAL ANGLE, 2024-2032 (IN $ MILLION)

FIGURE 17: INDIA AIRPORT MOVING WALKWAY SYSTEMS MARKET, BY INCLINED ANGLE, 2024-2032 (IN $ MILLION)

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