Moving Walkways Market Size & Share, By Product Type (Pallet Type and Belt Type), Type (Horizontal moving walkway and Inclined moving walkway), Installation, Speed, Application, Distribution Channel - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Market Outlook:

Moving Walkways Market size is projected to grow from USD 4.24 Billion in 2024 to USD 6.91 billion by 2034, with a CAGR surpassing 5% throughout the forecast period (2025-2034). The industry revenue for 2025 is anticipated to be USD 4.42 billion.

• Base Year Value (2024): USD 4.24 billion
• CAGR (2025-2034): 5%
• Forecast Year Value (2034): USD 6.91 billion
• Historical Data Period: 2021-2024
• Largest Region: Asia Pacific
• Forecast Period: 2025-2034

Market Dynamics:

Growth Drivers & Opportunities

The Moving Walkways Market is witnessing robust growth, driven by the increasing demand for efficient transportation solutions in urban environments. As cities become more congested, the need for seamless and rapid movement in airports, shopping malls, and public transportation hubs elevates the relevance of moving walkways. These systems not only enhance pedestrian flow but also reduce wait times, making them an attractive option for facility managers and city planners alike. Furthermore, with the rising trend of smart city initiatives, integrating moving walkways into public infrastructure is seen as a forward-thinking solution that can improve overall urban mobility.

Another significant driver of market growth is the heightened focus on accessibility. Moving walkways provide essential support for individuals with mobility challenges, elderly populations, and travelers with heavy luggage, promoting inclusivity in public spaces. This increased awareness and the push for universal design in urban areas open up numerous opportunities for manufacturers to innovate and expand their product offerings. Additionally, advances in technology such as energy-efficient motors and automation make modern walkways more appealing to stakeholders looking to reduce operational costs and enhance user experience.

The growing emphasis on sustainability is also influencing the moving walkways market. With environmental considerations becoming pivotal in infrastructure projects, there is an increasing demand for eco-friendly materials and systems that minimize energy consumption. Companies that can develop and promote sustainable moving walkway solutions can tap into a burgeoning segment of environmentally conscious consumers and project developers.

Report Scope

Report Coverage	Details
Segments Covered	Product Type, Type, Installation, Speed, Application, Distribution Channel
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Dazen Elevator, Delfar Elevator Co., Ltd., Fujitec, Hitachi LTD, Hyundai Elevator Company, Johnson Lifts Private Limited , KLEEMANN, KONE Corporation, Mitsubishi Electric Corp, Otis Elevator Company, Schindler, Sicher Elevator Co., Ltd., Stannah, TK Elevator , Toshiba Corporation ,

Industry Restraints:

Despite its promising growth trajectory, the Moving Walkways Market faces several challenges that could hinder progress. One of the primary constraints is the high initial investment required for installation. While moving walkways offer long-term benefits, the upfront capital needed for such systems can deter smaller businesses and organizations from adopting the technology. This financial barrier is particularly pronounced in developing regions where budget constraints are common.

Moreover, maintenance and operational costs can also pose significant challenges for existing systems. Regular servicing, potential technical issues, and the need for continuous upgrades can strain resources and deter stakeholders from investing in new installations. The industry must also navigate complex regulatory frameworks that vary by region, which can delay project approvals and increase compliance costs.

Finally, competition from alternative pedestrian transportation solutions, such as escalators and elevators, can limit the market potential of moving walkways. While each option has its unique advantages, in certain contexts, moving walkways may not be viewed as the most efficient solution. This competition can create price pressures and may compel manufacturers to engage in constant innovation to differentiate their products in a crowded marketplace.

Regional Forecast:

North America (U.S., Canada)

The Moving Walkways Market in North America is primarily driven by the increasing demand for efficient transportation solutions in key commercial areas such as airports, malls, and office buildings. The United States stands out as a leading market due to its vast infrastructure developments and urbanization efforts. Cities like New York, Los Angeles, and Chicago are investing heavily in enhancing pedestrian movement within urban centers. Canada follows closely, with cities like Toronto and Vancouver adopting moving walkways in public transit systems and commercial spaces, aiming to improve accessibility and convenience for residents and tourists alike.

Asia Pacific (Japan, South Korea, China)

Asia Pacific is anticipated to show significant growth in the Moving Walkways Market, with China and Japan being the key players. China's rapid urban development and the construction of mega projects, including airports and train stations, fuel the demand for moving walkways. Japanese cities like Tokyo are also integrating these systems to optimize space in densely populated areas. South Korea, with its innovative urban planning strategies, is expected to adopt moving walkways in both public transportation and commercial sectors, promoting seamless mobility in bustling cities like Seoul. The growth in this region is supported by a strong focus on modernizing infrastructure and enhancing public transport efficiency.

Europe (UK, Germany, France)

The Moving Walkways Market in Europe is witnessing advancements driven by sustainability initiatives and increased focus on pedestrian mobility. The UK, particularly London, is making strides by incorporating moving walkways in transport hubs and shopping areas to alleviate congestion. Germany, with its robust engineering sector, is looking at integrating advanced moving walkway technologies in public transport systems, with cities like Berlin leading the charge. France, especially Paris, is also prioritizing pedestrian-friendly initiatives, fostering a conducive environment for the growth of moving walkways in commercial and transit spaces. These countries contribute to a steady demand for this technology, driven by an emphasis on improving urban mobility and public convenience.

Segmentation Analysis:

In terms of segmentation, the global Moving Walkways market is analyzed on the basis of Product Type, Type, Installation, Speed, Application, Distribution Channel.

Product Type

The Moving Walkways Market is primarily segmented into two main product types: the inclined walkways and level walkways. Among these, level walkways are expected to dominate the market share due to their extensive application in airports, shopping malls, and exhibition centers. Inclined walkways, while having a smaller share, are witnessing a surge in demand, particularly in hilly terrains and public transport stations, supporting accessibility for individuals with mobility challenges.

Type

In terms of type, the market can be divided into electric and hydraulic walkways. Electric walkways are more commonly used due to their energy efficiency and ease of maintenance. The trend is leaning towards electric walkways, especially with advancements in technology that enhance energy consumption and operational performance. Hydraulic systems, while less prevalent, are being favored for specific applications requiring vertical transportation.

Installation

The installation segment of the Moving Walkways Market is bifurcated into new installations and retrofit installations. New installations are expected to account for the majority of the market as urbanization increases and new infrastructure projects are initiated globally. However, retrofit installations are gaining traction, particularly in existing buildings where upgrading older systems offers improved efficiency and aesthetics.

Speed

Speed segmentation distinguishes between standard-speed and high-speed walkways. Standard-speed walkways are designed for general use and form the bulk of installations in public spaces. The high-speed segment is anticipated to grow rapidly due to escalating demand in airports and large transportation hubs, where efficient movement of passengers is critical.

Application

In terms of application, the market is divided into commercial, industrial, and residential uses. Commercial applications, particularly in airports, shopping centers, and convention halls, hold the largest market share as they facilitate effective passenger movement over long distances. The industrial sector is increasingly adopting moving walkways for material handling in warehouses and distribution centers, which is expected to drive significant growth.

Distribution Channel

The distribution channel can be categorized into direct sales and indirect sales. Direct sales through manufacturers or their representatives are prevalent due to the need for tailored solutions and services. However, indirect sales through distributors and retailers are gaining momentum as they provide broader market reach and convenience for customers, particularly in the residential market segment.

Competitive Landscape:

The moving walkways market is characterized by a competitive landscape that includes a diverse array of players ranging from well-established multinational corporations to niche manufacturers. This market is driven by increasing urbanization, the need for efficient transportation solutions in large facilities such as airports and malls, and advancements in technology focused on enhancing user experience and safety. Companies are increasingly investing in innovation and sustainability to differentiate themselves from competitors, while also expanding their geographical reach to tap into emerging markets. Partnerships and collaborations are commonly seen as strategies to improve product offerings and capture market share. As a result, the competition intensifies across different regions, leading to continuous improvements in design, functionality, and service.

Top Market Players

1. Otis Elevator Company

2. Schindler Group

3. Thyssenkrupp AG

4. KONE Corporation

5. Mitsubishi Electric Corporation

6. Hitachi, Ltd.

7. Fujitec Co., Ltd.

8. TOSHIBA Corporation

9. Hyundai Elevator Co., Ltd.

10. Doppelmayr/Garaventa Group