What is an escalator moving walkway called?

Find out the official name for those moving walkways commonly referred to as "escalators!" This informative article unveils the industry standard term, helping you increase your knowledge. Discover the name of this commonly used transportation innovation today!

Have you ever referred to a moving walkway as an "escalator"? If so, you are not alone. This common mistake is made by numerous individuals around the world. However, did you know that the industry has an official term for this seemingly simple transportation innovation? In this market news report, we will unveil the official name for moving walkways and provide you with some industry insight.

As it turns out, the term "escalator" is actually just a brand name. In fact, the official industry term for moving walkways is "travelator". The term was first used by Otis Elevator Company in 1954 when they introduced the first moving walkway at Love Field airport in Dallas, Texas. Since then, "travelator" has become the standard term used throughout the industry.

So why is it important to know the official name for moving walkways? Well, for starters, it displays a certain level of knowledge and credibility. In addition, using the correct terminology in the workplace can help improve communication efficiency and avoid any misunderstandings.

Now that we have uncovered the official term for moving walkways, let's dive a little deeper into the industry that manufactures and installs them. The global market for moving walkways is expected to grow at a CAGR of 4.06% between 2021 and 2028. This growth is largely driven by the increasing demand for public transportation systems in developing countries.

One of the biggest market hotspots for moving walkways is the Asia Pacific region. Rapid urbanization and infrastructure development in countries like China and India have led to an increasing need for efficient public transportation systems. Furthermore, the region has witnessed a significant rise in airport construction in recent years, leading to a surge in demand for travelators.

Another major market hotspot for moving walkways is Europe. The region has some of the busiest airports in the world and has seen a significant increase in traffic over the years. As such, many airports are undergoing modernization and expansion projects that include the installation of new travelators.

In terms of manufacturers, Otis Elevator Company, KONE Corporation, and Schindler Group are among the leading players in the moving walkway industry. These companies offer a range of travelators that cater to different needs and specifications.

In conclusion, the official industry term for moving walkways is "travelator". Knowing this term is not only useful for displaying knowledge and credibility, but it can also improve communication efficiency in the workplace. With the global market for travelators expected to grow at a steady rate in the coming years, the industry is set to witness some exciting developments and innovations.