Automated People Mover (APM) Modernization Market Report 2026

The automated people mover (apm) modernization market size has grown strongly in recent years. It will grow from $4.31 billion in 2025 to $4.66 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to expansion of airport infrastructure modernization programs, increasing deployment of automated transit systems, rising urban mobility investments, aging apm infrastructure replacement needs, growth in large-scale transport hubs.

The automated people mover (apm) modernization market size is expected to see strong growth in the next few years. It will grow to $6.33 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing investments in smart airport mobility, rising demand for low-emission transit systems, expansion of urban automated transit networks, growing use of data-driven maintenance platforms, increasing focus on system reliability and uptime. Major trends in the forecast period include increasing adoption of advanced control system upgrades, rising integration of digital passenger management systems, growing focus on energy-efficient apm vehicles, expansion of predictive maintenance solutions, enhanced emphasis on passenger comfort and safety.

The growing investment in transportation infrastructure is expected to propel the growth of the automated people mover (APM) modernization market going forward. Transport infrastructure is the network of physical structures such as roads, bridges, railways, and airports that enable movement of people and goods. This investment is driven by the need to improve connectivity, as it enhances mobility, supports economic growth, and enables more efficient movement of people and goods. Investments in transportation infrastructure support automated people mover modernization by enabling system upgrades and technology integration. They improve connectivity, efficiency, and safety within transit networks, promoting sustainable mobility and enhancing passenger experience. For example, in October 2024, the US Department of Transportation reported that investment in bridge projects rose to $635 million in 2024, up from previous allocations under the bridge investment program. Therefore, the rising investment in transportation is driving growth in the automated people mover (APM) modernization market.

Key companies in the automated people mover (APM) modernization market are focusing on securing large-scale contracts, such as automated people mover system upgrade contracts, to enhance operational efficiency and passenger throughput at airports. An automated people mover system upgrade contract is a formal agreement between a service provider and a facility operator to modernize, enhance, or expand an existing APM system. For instance, in April 2024, Alstom S.A., a France-based rail transport and mobility solutions company, signed a contract to upgrade the Innovia Automated People Mover system at King Abdulaziz International Airport in Jeddah, Saudi Arabia. The upgrade involves adding four Innovia APM cars to the existing fleet, modernizing signaling and communication systems with the Cityflo 650 communications-based train control (CBTC) solution, installing platform screen doors, enhancing cybersecurity, and establishing a new operations control room aimed at increasing passenger capacity, improving operational efficiency, and supporting sustainable and safe airport transit.

In May 2025, Vanderlande Industries B.V., a Netherlands-based logistics automation company, acquired Siemens Logistics GmbH for an undisclosed amount. Through this acquisition, Vanderlande aims to expand its global footprint, leverage technological synergies, and deliver advanced, future-ready automation solutions that enhance efficiency and customer value across airport and logistics operations. Siemens Logistics GmbH is a Germany-based transport automation company involved in automated people mover (APM) systems and modernization services.

Major companies operating in the automated people mover (apm) modernization market are Siemens AG, Hitachi Rail Limited, Sumitomo Corporation, CRRC Corporation Limited, Mitsubishi Heavy Industries Ltd., Kiewit Corporation, Fluor Corporation, AECOM, Otis Elevator Company, Jacobs Engineering Group Inc., Balfour Beatty plc, Alstom SA, Parsons Corporation, Keolis SA, Thales Group, Hyundai Rotem Company, Doppelmayr Cable Car GmbH & Co KG, Leitner AG, Intamin Transportation Ltd., Poma Group.

North America was the largest region in the automated people mover (APM) modernization market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated people mover (apm) modernization market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automated people mover (apm) modernization market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automated people mover (APM) modernization market includes revenues earned by entities through software updates, automation and signaling upgrades, energy efficiency enhancements, cybersecurity improvements, installation of real-time monitoring systems, design and engineering consulting, and project management services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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