Airport Travelator Market Report, By Type (Straight Travelator, Curved Travelator, Inclined Travelator), By Speed (Constant Speed Travelator, Variable Speed Travelator), By Material (Aluminum, Stainless Steel, Glass), By Application, By End User and Regions 2024-2032

Market Overview:

"The airport travelator market size reached US$ 2.3 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 3.3 billion in 2032, exhibiting a growth rate (CAGR) of 4.0% during 2024-2032."

Airport travelator are mechanized walkways installed in airports to transport passengers efficiently within terminals.

They offer numerous benefits, enhancing passenger experience and optimizing terminal operations. Travelator save time by accelerating pedestrian movement, especially for those with heavy luggage or mobility impairments.

They reduce congestion and improve crowd flow, ensuring smoother transit between gates and terminals. Furthermore, travelator can alleviate physical strain on travelers, reducing fatigue and providing a comfortable walking experience.

Different types of airports travelators are available in the market, including straight travelators, which move in a linear path, and curved travelators, which are designed to navigate turns and bends. Also, there are inclined travelators, which transport passengers between different levels of an airport, such as from a concourse to a departure gate. The diversity of travelator options allows airports to customize their infrastructure based on the specific layout and passenger flow requirements.

The global airport travelator market is registering significantly steady revenue growth due to rising demand for efficient passenger transportation systems in airports worldwide. Increasing air travel volume and need for seamless passenger flow within terminals are some key factors driving market growth. Travelator have become an integral part of airport infrastructure, enhancing passenger experience and optimizing operational efficiency. Advancements in technology have led to the development of more sophisticated and reliable travelator systems. Airports are adopting smart features such as motion sensors and automated controls to further improve performance and safety. Governments and airport authorities are also initiating compliance measures to ensure passenger safety and convenience. Market analysis indicates a positive outlook for the airport travelator market, with a growing focus on enhancing travel experiences and streamlining airport operations.

Airport Travelator Market Report Overview:

The global airport travelator market research report provides comprehensive insights into driving factors, restraints, opportunities, and trends, with provision of in-depth supporting information, data, and statistics and actionable insights. Though covered and provided extensively across the report, the data and information format are simple, yet dynamic in order to ensure ease of reading and understanding, as well as presenting and maximizing leverage and use.

Revenues and market share are provided in detail for previous years in order to showcase the evidence upon which our estimations and forecasts are based. Revenue growth rates and differences, as well as comparisons and relatable data are provided to further support all findings. Data points are provided for each year – from historical to end of forecast period – and this format is followed for each segment region and respective countries, as well as sub-segments and others.

Vital details of major companies in the market are provided in the company profile section of the report. Cover includes financials, recent developments, research & development, strategies, product launches, agreements, expansion, mergers & acquisitions, and others. 

The global airport travelator market research report is segmented on basis of type, speed, capacity, material, application, end-user, installation, control system, technology, power source, passenger type, sales channel, service, end-use sector, ownership, certifications, and regions and countries. Regional segmentation includes North America (United States and Canada); Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe); Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific); Latin America (Brazil, Mexico, Argentina); Middle East & Africa (Saudi Arabia, South Africa, United Arab Emirates, Israel).

Airport Travelator Market Trends and Drivers:

Increasing Air Travel Volume: Steady increase in air travel and passenger volumes globally is a significant factor driving airport travelator market demand . As more passengers opt for air transportation, airports require efficient systems to handle the increasing passenger flow. This surge in air travel volume positively impacts revenue growth of the global airport travelators market.

Focus on Passenger Experience: Airports are increasingly emphasizing enhancing passenger experience, and travelator play a crucial role in achieving this goal. By providing a comfortable and convenient mode of transportation within terminals, travelator contribute to a positive passenger experience. This focus on passenger satisfaction leads to increased adoption of travelator systems, boosting the market revenue.

Optimizing Operational Efficiency: Efficient crowd management and optimized terminal operations are critical for airports. travelator help in improving passenger flow, reducing congestion, and increasing overall operational efficiency. By enabling quick and seamless movement, airports can ensure timely departures and arrivals, positively impacting revenue growth in the market.

Technological Advancements: Advancements in technology have led to the development of advanced and smart travelator systems. Features such as motion sensors, automated controls, and predictive maintenance enable enhanced performance and reliability. These technological advancements drive market growth as airports seek to upgrade their infrastructure with more advanced travelator solutions.

Government Initiatives and Compliance: Governments and airport authorities are increasingly implementing regulations and compliance measures to ensure passenger safety and convenience. Compliance with safety standards and regulations necessitates the installation or upgrading of travelator systems. This drives market revenue as airports invest in compliant and modern travelator solutions.

What Factors are Restraining Growth of Airport Travelator Market?  

Despite the various positive factors and growth prospects in the global market, some restraints and factors are having negative impacts on revenue growth. Some key factors include:

High Initial Installation and Maintenance Costs: The installation and maintenance costs of airport travelators can be substantial. This cost factor can restrain the revenue growth of the global market, as airports may face budget constraints or prioritize investments in other areas.

Limited Space and Infrastructure Challenges: Some airports may have limitations in terms of available space or architectural constraints, making it difficult to install or expand travelator systems. Lack of space or complex terminal layouts can hinder adoption and expansion of travelator infrastructure, negatively impacting market revenue growth.

Long Replacement Cycles: Travelators have long replacement cycles, typically ranging from 15 to 20 years. This extended lifecycle can result in slower revenue growth as airports may not require frequent upgrades or replacements, reducing the demand for new installations.

Integration with Existing Infrastructure: Retrofitting travelators into existing airport infrastructure can be challenging. Integration complexities with the existing layout, infrastructure, and systems can increase costs and hinder the market growth, as airports may be reluctant to undergo extensive modifications.

Environmental Concerns and Sustainability: Increasing environmental awareness and sustainability considerations can pose challenges to the airport travelator market. The energy consumption of travelator systems and their carbon footprint can raise concerns. This may lead to rise in demand for greener alternatives or energy-efficient solutions, thereby impacting preference for traditional travelator systems.

What are the Opportunities for Leading Airport Travelator Manufacturers?  

Companies operating in the global airport travelator market can leverage various opportunities and revenue streams to drive growth and profitability. Below are some avenues and insights:

Product Innovation and Customization: Companies operating in the global airport travelator market have the opportunity to focus on product innovation and customization. By developing new features, smart technologies, and customizable designs, companies can cater to the unique requirements of different airports. This allows them to target specific customer segments and create additional revenue streams through tailored solutions.

Maintenance and Service Contracts: The maintenance and servicing of airport travelator systems provide a significant revenue stream for companies. By offering comprehensive maintenance contracts, companies can ensure the smooth operation and longevity of the travelator systems. Providing prompt and reliable maintenance services not only generates recurring revenue but also helps in building long-term customer relationships.

Upgrades and Retrofitting: As airports strive to enhance passenger experience and optimize operations, there is a growing demand for upgrades and retrofitting of existing travelator systems. Companies can capitalize on this opportunity by offering upgrade packages, modernizing the functionality, safety features, and aesthetics of older installations. Retrofitting services provide an additional revenue stream while extending the lifespan of existing infrastructure.

Integration with Smart Airport Systems: The advancement of smart airport systems presents a significant opportunity for companies operating in the airport travelator market. By integrating travelator systems with other smart technologies, such as passenger tracking, real-time data analytics, and wayfinding solutions, companies can offer a comprehensive package that improves overall airport efficiency and enhances the passenger experience.

Global Market Expansion: The global nature of the airport industry allows companies to expand their operations and capture market share in different regions. With increasing air travel and airport construction projects worldwide, companies can explore new markets and geographies. Establishing partnerships with local contractors or distributors can help companies tap into international markets and create diversified revenue streams.

What are the factors driving the airport travelator demand in North America region?

Revenue growth of the airport travelator market in North America is driven by developed airport infrastructure, consumer preference for advanced technologies, and government initiatives supporting airport modernization. The United States and Canada dominate other countries in the region in terms of market share and steady revenue growth, and high focus on enhancing passenger experience through innovative solutions.

What generates airport travelator demand in Europe?

Europe holds a prominent position in the global airport travelator market, with countries like Germany, France, and the UK driving demand. The region showcases steady revenue growth, fueled by the modernization of existing airports and the construction of new ones. Consumer preference for energy-efficient and sustainable solutions further contributes to market expansion.

What are the factors contributing to the significant of Asia Pacific airport travelator market?

Asia Pacific exhibits immense potential for airport travelator market growth, led by countries such as China and India. The region's rapid economic development, increasing air travel, and government initiatives for infrastructure development support market expansion. Consumer preference is driven by smart technologies, customization options, and the need for efficient passenger flow management.

What are the aspects that are driving the airport travelator sales in Latin America?  

Countries such as Brazil and Mexico contribute significantly to Latin America airport travelator market revenue growth. The region registers steady revenue growth due to expanding air travel and infrastructure development projects and some destinations being popular in tourism and travel industry. Consumer preference focuses on reliability, safety, and adherence to regulatory standards.

What is the stance on airport travelator market in Middle East and Africa?

Middle East & Africa market share is driven by rising demand for airport travelators in countries such as the United Arab Emirates, Saudi Arabia, and South Africa. Steady revenue growth is due to airport expansion projects and increasing number of travelers to countries in the region. Government initiatives to enhance airport infrastructure and provide seamless passenger experiences support market growth.

Leading Airport Travelator Manufacturers  & Competitive Landscape:

The global airport travelator market has a competitive landscape with several key players vying for market share. Companies such as Schindler Group, Thyssenkrupp AG, KONE Corporation, Otis Elevator Company, and Mitsubishi Electric Corporation are prominent participants. Intense competition drives product innovation, customization, and strategic partnerships to stay ahead in this dynamic market.

Company List:

• Schindler Group
• Thyssenkrupp AG
• KONE Corporation
• Otis Elevator Company
• Mitsubishi Electric Corporation
• Fujitec Co., Ltd.
• Toshiba Corporation
• Hitachi, Ltd.
• Hyundai Elevator Co., Ltd.
• Guangri Elevator Industry Co., Ltd.
• Sigma Elevator Co., Ltd.
• Sematic S.p.A. (Wittur Group)
• Kleemann Hellas SA
• Schindler Hiss AG
• Shenyang Yuanda Intellectual Industry Group Co., Ltd.

 

Research Scope:

 

Report Metric	Report Details
Market size available for the years	2021-2032
Base Year	2023
Forecast Period	2024-2032
Compound Annual Growth Rate (CAGR)	4.0%
Segment covered	Type, Speed, Material, Application, End User, and Region
Regions Covered	North America:  The U.S. & Canada Latin America: Brazil, Mexico, Argentina, & Rest of Latin America Asia Pacific: China, India, Japan, Australia & New Zealand, South Korea, ASEAN, & Rest of Asia Pacific Europe: Germany, The U.K., France, Spain, Italy, Russia, Poland, BENELUX, NORDIC, & Rest of Europe The Middle East & Africa:  Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, and Rest of MEA
Fastest Growing Country in Europe	Germany
Largest Market	North America
Key Players	Schindler Group, Thyssenkrupp AG, KONE Corporation, Otis Elevator Company, Mitsubishi Electric Corporation, Fujitec Co., Ltd., Toshiba Corporation, Hitachi, Ltd., Hyundai Elevator Co., Ltd., Guangri Elevator Industry Co., Ltd., Sigma Elevator Co., Ltd., Sematic S.p.A. (Wittur Group), Kleemann Hellas SA, Schindler Hiss AG, Shenyang Yuanda Intellectual Industry Group Co., Ltd.

Market Segmentation:

By Type:

• Straight Travelators
• Curved Travelators
• Inclined Travelators

 

By Speed:

 

• Constant Speed Travelators
• Variable Speed Travelators

 

By Material:

 

• Aluminum Travelators
• Stainless Steel Travelators
• Glass Travelators

 

By Application:

 

• Terminals
• Concourses
• Boarding Gates
• Baggage Claim Areas

 

By End-User:

 

• Domestic Airports
• International Airports

 

Segmentation By Region:

 

North America:

• United States
• Canada

 

Europe:

 

• Germany
• United Kingdom
• France
• Italy
• Spain
• Poland
• Russia
• BENELUX
• NORDIC
• Rest of Europe

 

Asia Pacific:

 

• China
• Japan
• India
• South Korea
• Australia & New Zealand
• Rest of Asia Pacific

 

Latin America:

 

• Brazil
• Mexico
• Argentina

 

Middle East & Africa:

 

• Saudi Arabia
• South Africa
• United Arab Emirates
• Israel
• Egypt