Newswires - Allied Analytics LLP

Global Airport Moving Walkway Systems Market Size Accounted For $1.9 Billion In 2020 Registering A CAGR Of 3.0% From 2021 To 2030.

According to a recent report published by Allied Market Research, titled, “Airport Moving Walkway Systems Market by Business Type, Type, and Angle: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the Global Airport Moving Walkway Systems Market Size Accounted For $1.9 Billion In 2020, And Is Expected To Reach $2.9 Billion By 2030, Registering A CAGR Of 3.0% From 2021 To 2030. In 2020, Asia-Pacific dominated the global airport moving walkway systems market, in terms of revenue, accounting about 40.5% share of the global airport moving walkway systems industry, followed by North America, Europe, and LAMEA.

In the last couple of decades, rise has been witnessed in the number of air travelers due to increase in tourism and preference of travelling by air over road and rail by the middle class population. Thus, rise in number of travelers has led to construction new airport and expand or renovate the existing airports.

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