Airport People Mover Market Analysis - Forecast to 2026
As per the research conducted by GME, the Airport People Mover Market will grow with a CAGR value of around 5.5% percent over the forecast period.
Browse TOC on “Global Airport People Mover Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/global-airport-people-mover-market-3296
By Concourse Type (Airside, Landside), By Mover Type (Monorail, Duorail, Automated Guide-Way Transit or Maglev), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
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Airport People Mover is a small-scale transportation system to assist people's movement to the concourse. These are effective solutions to transport a group of people at a single time. The increasing need to streamline the passenger traffic to achieve better operation ability is the prime factor to drive demand. The concept is not novel, various technologically advanced and developed countries such as the U.S., UK, Germany, China, and Japan already have a set of streamlined routes for these transit facilities. Currently, the market is limited to few providers. However, with the increasing developments in the market, the industry may witness the upcoming of new providers in the short run.
Airside dominated the concourse segment
Airside concourse will dominate the industry in terms of deployment. The segment will witness high demand in the coming years. High deployment due to heavy traffic and the need to reorganize the people movement in the airport will result in wide penetration. Easy access and supporting infrastructure facility is another reason to drive demand. The landside concourse has limited operations due to confidentiality and safety.
Automated guide way or Maglev movers hold the highest potential
Increasing demand and preference for technically updated transit systems to maximize the operation will result in the high adoption of maglev movers in airports. Cost-effectiveness, operation efficiency, improved time management, and technological up-gradation are major factors to fuel penetration in these mover types.
North America dominated the regional share
North America Airport People Mover Market will dominate the market and is projected to acquire over 40% revenue by 2026. Early adoption and maximum number deployments across the region are major factors that drive the regional demand. High investment in automated transit facilities along with the ability to execute the system in terms of capital and infrastructure is another reason to drive regional demand. Also, the heavy traffic in the domestic flights in the U.S. needs to streamline the overall people movement management in the vicinity.
Technology upgradation and partnering with the end-users will be key strategies
Major identified players in the market include Bombardier, Mitsubishi, Matra, Leitner-Poma PT Len Industries, Siemens, Hyundai-Rotem, WED Transportation Systems, Doppelmayr, Poma-Otis, Niigata Transys, Coester, Parry People Movers, and Hitachi Rail STS.
Concourse Type Outlook (Revenue, USD Million, 2021-2026)
• Airside
• Landside
Mover Type Outlook (Revenue, USD Million, 2021-2026)
• Monorail
• Duorail
• Automated Guide-way Transit or Maglev
Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• U.S.
• Canada
Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific
• China
• Singapore
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
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