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Elevator and Escalator Market

Elevator and Escalator Market By Product (Elevators, Vacuums, Escalators), Load (Passenger, Freight, Observation), End Use (Residential, Commercial, Hospitals, Infrastructure & Construction, Transportation & Logistics) & Region - Forecast 2022-2030

Market Insights on Elevator and Escalator covering sales outlook, demand forecast & up-to-date key trends

Elevator and Escalator Market Outlook (2022-2030)

[192 Pages Report] The global elevator and escalator market is valued at around US$ 59.03 Bn in 2022, registering Y-o-Y growth of 6.6%. The market is projected to increase at a CAGR of 4.5% and attain a valuation of US$ 100.12 Bn by the end of 2030.

Elevator and Escalator Market Size (2022)

US$ 59.03 Bn

Sales Forecast (2030)

US$ 100.12 Bn

Global Market Growth Rate (2022 to 2030)

4.5% CAGR

Share of Top 5 Industry Players

55%

Sales of elevators and escalators accounted for 52% share of the global industrial lifting equipment market in 2021.

Elevator and Escalator Sales Analysis from 2015 to 2021 Vs Future Market Outlook for 2022 to 2030

“Advanced IoT Technology-enabled Elevator and Escalator Manufacturers to Offer Diverse Services & Solutions”

From 2015 to 2021, the global elevator and escalator market experienced a CAGR of around 4.3%.

Expansion of the building and construction industry has been a chief driver of the global elevator and escalator market. Elevators and escalators, being an integral part of residential as well commercial buildings are witnessing an impressive surge in demand all over the world.

Advancement in the Internet of Things (IoT) technology is further catering to market growth with rising incorporation of ultra-modern facilities, starting from elevator safety solutions to elevator air purification equipment.

Despite their complex mechanisms for installation, handling, and maintenance, the demand for elevators and escalators in residential, commercial, hospital, transportation, and other sectors is increasing steadily.

Global elevator and escalator consumption is anticipated to increase at a 4.5% CAGR from 2022 to 2030.

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Which Key Factor is Driving Demand for Elevators and Escalators?

“Increasing Implementation of Modern Safety Features in Elevators & Escalators”

Various safety features such as emergency evacuation features, safety brakes, door closing devices, door sensors, door restraints, pit buffers, and others have resulted in more sophisticated elevators and escalators services which in turn is aiding the elevator and escalator market growth.

With technological advancements, the industrial and commercial sectors are incorporating modern safety features in escalators, such as skirt brushes in order to prevent objects being caught in the escalators, step level monitors, missing step monitors, handrail motion detectors, sensors to trigger an automatic shutdown in case of an emergency, and others.

As new-age safety solutions are making elevators and escalators more reliable and efficient in handling emergency conditions, the market is witnessing significant growth all over the world.

What Restraints are Being Faced by Elevator and Escalator Manufacturers?

“High Maintenance Cost to Hamper Demand for Industrial Handling Equipment”

The entire process cycle of elevators and escalators starting from manufacturing to installation is costly and needs experts’ handling. As industrial handling equipment are used in various places starting from residential complex to big industrial buildings, they need timely maintenance, up-gradation, as well as other services as and when required which are time-consuming and also need technical knowledge.

Due to these factors, industrial handling equipment is yet to be popular among small to medium residential buildings, institutions, and others.

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Which Region is a Lucrative Market for Elevator and Escalator Suppliers?

“Rising Demand from Construction Industry Driving Market Growth in East Asia”

East Asia is expected to account 55.4% share of the elevator and escalator market in 2022. Backed by improving access to state-of-the-art technologies, the East Asia elevator and escalator market is growing consistently by both value and volume. Presently, the East Asia elevator and escalator market is leading in the global domain.

Well-developed building & construction industry coupled with the rising population is enabling exponential growth of the East Asia market. Rapidly expanding key end users such as warehousing, industrial, transportation, logistics, and other sectors will steer the East Asia elevator and escalator market growth keeping it in the leading position during the forecast period.

Country-wise Analysis

Why is the U.S. Elevator and Escalator Market Witnessing High Demand?

“Rapid Deployment of Innovative Technologies Driving Demand for Lifts”

The U.S. market is witnessing steady growth, backed by early adoption of latest technologies and presence of a well-developed industrial sector.

Strong financial base and rising population in the U.S. are catalyzing market growth. Expansion of the IoT and industrial sectors is accelerating demand for lifts.

What is the Elevator and Escalator Market Outlook for India?

“Growing Consumption of Smart Elevators to Augment Market Growth”

The market in India is being driven by factors such as easy availability of raw materials, low labor costs, and a relatively tight regulatory environment. The construction sector is growing as a result of rising expenditures and supporting government initiatives.

Elevator and escalator manufacturers in India are putting more effort into developing cutting-edge solutions that save time and energy. Users prefer automatic door systems and smart elevators that are based on human insight.

In India, rising urbanization and smart city development are driving demand for smart elevators. Passenger boarding bridges and automated gate systems are helping companies diversify their revenue streams.

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Category-wise Insights

Which is the Top-selling Elevator and Escalator Product?

“Elevators Remain Highly Sought-after Due to Their High Efficiency”

Elevators are expected to dominate the market among all other products during the forecast period. Elevators are highly efficient in moving heavy and bulky objects.

Various types of elevators such as hydraulic, traction, vacuum, and others are highly efficient in working wide ranges of applications starting from residential complexes to industrial buildings. For instance, hydraulic elevators are hugely used in small to medium buildings as they are cheaper to install, occupy less space, and provide great lifting strength.

Which End Use is Expected to Drive Most Demand for Elevators and Escalators?

“Increasing Shift towards Eco-efficiency, Flexible Design, & Safety Driving Commercial Segment”

With rising population and urbanization, the commercial segment is growing exponentially. Elevators and escalators being an integral part of the commercial segment are experiencing a surge in demand across the world.

The commercial segment is expected to remain in the leading position during the forecast period. Elevators and escalators are highly used in the commercial sectors such as airports, hospitals, offices, institutions, industrial buildings, and others, making it the dominant end user across the globe.

Modern-age elevators often come with an extensive range of features such as various load capacities, safety features, hygienic solutions, high reliability in terms of load-carrying as well as various emergency services, making them efficient for a broad range of applications in commercial sectors. With the expanding commercial segments, the elevator and escalators demand is getting sky-high propelling the market growth.

COVID-19 Impact on Demand for Elevators and Escalators

The COVID-19 pandemic has impacted the elevator and escalator market negatively due to various factors such as closed manufacturing units during the lockdown, economic constraints, unavailability of raw materials and manpower, decrease in demand, and others.

On the other hand, manufacturers are adopting new strategies to preserve their domination over the market worldwide. Technological advancements and ongoing research results in the development of innovative products and services are projected to fuel demand for elevators and escalators over the coming years.

Competitive Landscape

As the elevator and escalator market potential is growing gradually, key market players are investing their efforts and assets to capitalize on the coming opportunities. Leading companies are focusing on launching a diverse range of products to target a broad range of end users.

For instance,

  • Fujitec Co., Ltd launched its advanced range of elevators - Viridian MRL, Viridian PMGL, Viridian Geared, and others, applicable to diverse end-use categories such as hospitals, offices, industrial buildings, and others.
  • In 2020, Hyundai Elevator launched its new world-class elevator and escalator with cutting-edge technologies such as regenerative inverter for eco-friendly energy saving.

Elevator and Escalator Industry Report Scope

Attribute

Details

Forecast Period

2022-2030

Historical Data Available for

2015-2021

Market Analysis

Value in US$ Mn, Volume in Units

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa (MEA)

Key Countries Covered

  • U.S.
  • Canada
  • Mexico
  • Brazil
  • Mexico
  • Argentina
  • Germany
  • Italy
  • France
  • U.K
  • Nordic
  • Spain
  • Japan
  • China
  • India
  • Malaysia
  • Thailand
  • Australia
  • GCC Countries
  • South Africa
  • Turkey

Key Market Segments Covered

  • Product
  • Load
  • Installation
  • End Use
  • Region

Key Companies Profiled

  • Aritco Lifts AB
  • EMAK Elevator
  • Fujitec Co., Ltd.
  • KÖHLER Elevator GmbH.
  • Kone Corporation
  • Mitsubishi Electric Corporation
  • Orona Group
  • Sanyo Elevator (Zhuhai) Co., Ltd.
  • Schindler Holding Ltd.
  • Schumacher Elevator Company
  • Sigma Elevator Company
  • Stannah Lifts Holdings Ltd
  • Thyssenkrupp AG

Pricing

Available upon Request

Elevator and Escalator Industry Survey

Elevator and Escalator Market by Product:

  • Elevators
    • Hydraulic Elevators
    • Traction Elevators
    • Machine Elevators
    • Room-less Elevators
  • Vacuums
  • Elevators
    • Step Type Elevators
    • Belt Type Elevators
    • Cleat Type Elevators
    • Spiral Elevators

Elevator and Escalator Market by Load:

  • Passenger Elevators & Escalators
  • Freight Elevators & Escalators
  • Observation Elevators & Escalators
  • Others

Elevator and Escalator Market by Installation:

  • New Elevators & Escalators
    • System
    • Installation
  • Retrofit Elevators & Escalators

Elevator and Escalator Market by End Use:

  • Residential Elevators & Escalators
    • Low-rise Buildings
    • Mid-rise Buildings
    • High-rise Buildings
  • Commercial Elevators & Escalators
    • Hotels
    • Airports
    • Subway Stations
    • Commercial Complexes
    • Offices & Institutions
  • Elevators & Escalators for Hospitals
  • Infrastructure & Construction Elevators & Escalators
  • Transportation & Logistics Elevators & Escalators

Elevator and Escalator Market by Region:

  • North America Elevator and Escalator Market
  • Latin America Elevator and Escalator Market
  • Europe Elevator and Escalator Market
  • East Asia Elevator and Escalator Market
  • South Asia & Pacific Elevator and Escalator Market
  • Middle East & Africa (MEA) Elevator and Escalator Market

Frequently Asked Questions

The global elevator and escalator market is currently valued at US$ 59.03 Bn.

Top elevator and escalator manufacturers are Aritco Lifts AB, EMAK Elevator, Fujitec Co., Ltd., KÖHLER Elevator GmbH., and Kone Corporation.

East Asia accounts for 55.4% share of the global elevator and escalator market.

Growth of the elevator and escalator market is attributed to rapid increase from the residential sector.

The global market for elevators and escalators is anticipated to rise at a CAGR of 4.5% during the forecast period (2022-2030).

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation Trends

    3.3. New Product Launches

4. Key Success Factors

    4.1. Product Adoption Analysis

    4.2. Product Features Vs. Product Type Matrix

    4.3. Strategic Promotional Strategies

5. Global Elevators And Escalators Market Volume (Unit) Analysis

    5.1. Historical Market Volume Analysis, 2015–2021

    5.2. Current and Future Market Volume Projections, 2022–2030

    5.3. Y-o-Y Growth Trend Analysis

6. Global Elevators And Escalators Market - Pricing Analysis

    6.1. Regional Pricing Analysis By Product Type

    6.2. Pricing Break-up

        6.2.1. Global Average Pricing Analysis Benchmark. 

7. Global Elevators And Escalators Market Consumption (Market Size US$ Mn) Analysis

    7.1. Historical Market Value (US$ Mn) Analysis

    7.2. Current and Future Market Value (US$ Mn) Projections

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

    8.2. Forecast Factors - Relevance & Impact

    8.3. Value Chain

    8.4. Market Dynamics

        8.4.1. Drivers

        8.4.2. Restraints

        8.4.3. Opportunity Analysis

    8.5. Impact of COVID – 19 Crisis

        8.5.1. Current Statistics

        8.5.2. World Economy / Cluster Projections

        8.5.3. Potential of Impact by Taxonomy

        8.5.4. Long Term Projections

9. Global Elevators And Escalators Market Analysis by Product type

    9.1. Introduction

        9.1.1. Market Value Share Analysis By Product Type

        9.1.2. Y-o-Y Growth Analysis by Product Type

    9.2. Historical Market Size and Volume Analysis By Product type, 2015–2021

    9.3. Market Size  and Volume Analysis and Forecast By Product type, 2022–2030

        9.3.1. Elevator

            9.3.1.1. Hydraulic

            9.3.1.2. Traction

            9.3.1.3. Machine Room Less 

            9.3.1.4. Vacuum

        9.3.2. Escalator

            9.3.2.1. Step Type

            9.3.2.2. Belt Type

            9.3.2.3. Cleat Type

            9.3.2.4. Spiral

    9.4. Market Attractiveness Analysis By Product type 

10. Global Elevators And Escalators Market Analysis By Load Type

    10.1. Introduction / Key Findings

        10.1.1. Market Value Share Analysis By Load Type

        10.1.2. Y-o-Y Growth Analysis By Load Type

    10.2. Historical Market Size  and Volume Analysis By Load Type, 2015–2021

    10.3. Market Size and Volume Analysis and Forecast By Load Type, 2022–2030

        10.3.1. Passenger 

        10.3.2. Freight

        10.3.3. Observation

        10.3.4. Others

    10.4. Market Attractiveness Analysis By Load Type 

11. Global Elevators And Escalators Market Analysis By Installation

    11.1. Introduction

        11.1.1. Market Value Share Analysis By Installation

        11.1.2. Y-o-Y Growth Analysis By Installation

    11.2. Historical Market Size  and Volume Analysis By Installation, 2015–2021

    11.3. Market Size  and Volume Analysis and Forecast By Installation, 2022–2030

        11.3.1. New System Installation 

        11.3.2. Retrofit 

    11.4. Market Attractiveness Analysis By Installation

12. Global Elevators And Escalators Market Analysis By End Use Sector

    12.1. Introduction 

        12.1.1. Market Value Share Analysis By End Use Sector

        12.1.2. Y-o-Y Growth Analysis By End Use Sector

    12.2. Historical Market Size and Volume Analysis By End Use Sector, 2015–2021

    12.3. Market Size  and Volume Forecast By End Use Sector, 2022–2030

        12.3.1. Residential

        12.3.2. Commercial

        12.3.3. Hospital

        12.3.4. Infrastructure & Construction

        12.3.5. Transportation & Logistics 

    12.4. Market Attractiveness Analysis By End Use Sector

13. Global Elevators And Escalators Market Analysis By Region

    13.1. Introduction

        13.1.1. Market Value Share Analysis By Region

        13.1.2. Y-o-Y Growth Analysis By Region

    13.2. Historical Market Size  and Volume Analysis By Region, 2015–2021

    13.3.  Market Size and Volume Forecast By Region, 2022–2030

        13.3.1. North America

        13.3.2. Latin America

        13.3.3. Europe

        13.3.4. East Asia

        13.3.5. South Asia & Pacific

        13.3.6. Middle East & Africa

    13.4. Market Attractiveness Analysis By Region

14. North America Elevators And Escalators Market Analysis 2015–2021 and Forecast 2022–2030

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size  and Volume  Analysis By Market Segments, 2015–2021

    14.4. Market Size and Volume Forecast By Market Segments , 2022–2030

        14.4.1.  By Country

            14.4.1.1. U.S.

            14.4.1.2. Canada

        14.4.2. By Product type

        14.4.3. By Load Type

        14.4.4. By Installation 

        14.4.5. By End Use

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Product type

        14.5.3. By Load Type

        14.5.4. By Installation 

        14.5.5. By End Use

    14.6. Market Trends

15. Latin America Elevators And Escalators Market Analysis 

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size  and Volume  Analysis By Market Segments, 2015–2021

    15.4. Market Size and Volume Forecast By Market Segments , 2022–2030

        15.4.1.  By Country

            15.4.1.1. Brazil

            15.4.1.2. Mexico

            15.4.1.3. Rest of Latin America

        15.4.2. By Product type

        15.4.3. By Load Type

        15.4.4. By Installation 

        15.4.5. By End Use

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Product type

        15.5.3. By Load Type

        15.5.4. By Installation 

        15.5.5. By End Use

    15.6. Market Trends

16. Europe Elevators And Escalators Market Analysis 

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size  and Volume  Analysis By Market Segments, 2015–2021

    16.4. Market Size and Volume Forecast By Market Segments , 2022–2030

        16.4.1.  By Country

            16.4.1.1. Germany

            16.4.1.2. Italy

            16.4.1.3. France

            16.4.1.4. U.K.

            16.4.1.5. Spain

            16.4.1.6. BENELUX

            16.4.1.7. Russia

            16.4.1.8. Rest of Europe

        16.4.2. By Product type

        16.4.3. By Load Type

        16.4.4. By Installation 

        16.4.5. By End Use

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Product type

        16.5.3. By Load Type

        16.5.4. By Installation 

        16.5.5. By End Use

    16.6. Market Trends

17. East Asia Elevators And Escalators Market Analysis 

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size  and Volume  Analysis By Market Segments, 2015–2021

    17.4. Market Size and Volume Forecast By Market Segments , 2022–2030

        17.4.1.  By Country

            17.4.1.1. China

            17.4.1.2. Japan 

            17.4.1.3. South Korea

        17.4.2. By Product type

        17.4.3. By Load Type

        17.4.4. By Installation 

        17.4.5. By End Use

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Product type

        17.5.3. By Load Type

        17.5.4. By Installation

        17.5.5. By End Use

    17.6. Market Trends

18. South Asia & Pacific  Elevators And Escalators Market Analysis 

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size  and Volume  Analysis By Market Segments, 2015–2021

    18.4. Market Size and Volume Forecast By Market Segments , 2022–2030

        18.4.1.  By Country

            18.4.1.1. Indian

            18.4.1.2. ASEAN

            18.4.1.3. ANZ

            18.4.1.4. Rest of South Asia & Pacific 

        18.4.2. By Product type

        18.4.3. By Load Type

        18.4.4. By Installation

        18.4.5. By End Use

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Product type

        18.5.3. By Load Type

        18.5.4. By Installation

        18.5.5. By End Use

    18.6. Market Trends

19. Middle East and Africa (MEA) Elevators And Escalators Market Analysis 

    19.1. Introduction

    19.2. Pricing Analysis

    19.3. Historical Market Size  and Volume  Analysis By Market Segments, 2015–2021

    19.4. Market Size and Volume Forecast By Market Segments , 2022–2030

        19.4.1.  By Country

            19.4.1.1. GCC Countries

            19.4.1.2. Turkey

            19.4.1.3. South Africa

            19.4.1.4. Rest of Middle East and Africa

        19.4.2. By Product type

        19.4.3. By Load Type

        19.4.4. By Installation

        19.4.5. By End Use

    19.5. Market Attractiveness Analysis

        19.5.1. By Country

        19.5.2. By Product type

        19.5.3. By Load Type

        19.5.4. By Installation

        19.5.5. By End Use

    19.6. Market Trends

20. Key and Emerging Countries Elevators And Escalators Market Analysis 

    20.1. Introduction

        20.1.1. Market Value Proportion Analysis, By Key Countries

        20.1.2. Global Vs. Country Growth Comparison

    20.2. U.S. Elevators And Escalators Market Analysis

        20.2.1. By Product type

        20.2.2. By Load Type

        20.2.3. By Installation

        20.2.4. By End Use

    20.3. Canada Elevators And Escalators Market Analysis

        20.3.1. By Product type

        20.3.2. By Load Type

        20.3.3. By Installation

        20.3.4. By End Use

    20.4. Mexico Elevators And Escalators Market Analysis

        20.4.1. By Product type

        20.4.2. By Load Type

        20.4.3. By Installation

        20.4.4. By End Use

    20.5.  Brazil Elevators And Escalators Market Analysis

        20.5.1. By Product type

        20.5.2. By Load Type

        20.5.3. By Installation

        20.5.4. By End Use

    20.6. Germany Elevators And Escalators Market Analysis

        20.6.1. By Product type

        20.6.2. By Load Type

        20.6.3. By Installation

        20.6.4. By End Use

    20.7. Italy Elevators And Escalators Market Analysis

        20.7.1. By Product type

        20.7.2. By Load Type

        20.7.3. By Installation

        20.7.4. By End Use

    20.8. France Elevators And Escalators Market Analysis

        20.8.1. By Product type

        20.8.2. By Load Type

        20.8.3. By Installation

        20.8.4. By End Use

    20.9. U.K. Elevators And Escalators Market Analysis

        20.9.1. By Product type

        20.9.2. By Load Type

        20.9.3. By Installation

        20.9.4. By End Use

    20.10. Spain Elevators And Escalators Market Analysis

        20.10.1. By Product type

        20.10.2. By Load Type

        20.10.3. By Installation

        20.10.4. By End Use

    20.11. Russia Elevators And Escalators Market Analysis

        20.11.1. By Product type

        20.11.2. By Load Type

        20.11.3. By Installation

        20.11.4. By End Use

    20.12. China Elevators And Escalators Market Analysis

        20.12.1. By Product type

        20.12.2. By Load Type

        20.12.3. By Installation

        20.12.4. By End Use

    20.13. Japan Elevators And Escalators Market Analysis

        20.13.1. By Product type

        20.13.2. By Load Type

        20.13.3. By Installation

        20.13.4. By End Use

    20.14. S. Korea Elevators And Escalators Market Analysis

        20.14.1. By Product type

        20.14.2. By Load Type

        20.14.3. By Installation

        20.14.4. By End Use

    20.15. India Elevators And Escalators Market Analysis

        20.15.1. By Product type

        20.15.2. By Load Type

        20.15.3. By Installation

        20.15.4. By End Use

    20.16. ASEAN Elevators And Escalators Market Analysis

        20.16.1. By Product type

        20.16.2. By Load Type

        20.16.3. By Installation

        20.16.4. By End Use

    20.17. Australia and New Zealand Elevators And Escalators Market Analysis

        20.17.1. By Product type

        20.17.2. By Load Type

        20.17.3. By Installation

        20.17.4. By End Use

    20.18. GCC Countries Elevators And Escalators Market Analysis

        20.18.1. By Product type

        20.18.2. By Load Type

        20.18.3. By Installation

        20.18.4. By End Use

    20.19. Turkey Elevators And Escalators Market Analysis

        20.19.1. By Product type

        20.19.2. By Load Type

        20.19.3. By Installation

        20.19.4. By End Use

    20.20. South Africa Elevators And Escalators Market Analysis

        20.20.1. By Product type

        20.20.2. By Load Type

        20.20.3. By Installation

        20.20.4. By End Use

21. Market Structure Analysis

    21.1. Tier Structure Analysis

    21.2. Market Concentration

    21.3. Market Share (Top 3 or 5 Players) Analysis

    21.4. Market Presence Analysis

22. Competition Analysis

    22.1. Competition Dashboard

    22.2. Competition Benchmarking

    22.3. Competition Developments 

    22.4. Competition Deep Dive 

        22.4.1. Hitachi Ltd.

            22.4.1.1. Overview

            22.4.1.2. Product Portfolio

            22.4.1.3. Sales Footprint

            22.4.1.4. Strategy Overview

        22.4.2. Aritco Lifts AB 

            22.4.2.1. Overview

            22.4.2.2. Product Portfolio

            22.4.2.3. Sales Footprint

            22.4.2.4. Strategy Overview

        22.4.3. DOPPLER S.A.

            22.4.3.1. Overview

            22.4.3.2. Product Portfolio

            22.4.3.3. Sales Footprint

            22.4.3.4. Strategy Overview

        22.4.4. EMAK Elevator 

            22.4.4.1. Overview

            22.4.4.2. Product Portfolio

            22.4.4.3. Sales Footprint

            22.4.4.4. Strategy Overview

        22.4.5. Fujitec Co., Ltd. 

            22.4.5.1. Overview

            22.4.5.2. Product Portfolio

            22.4.5.3. Sales Footprint

            22.4.5.4. Strategy Overview

        22.4.6. Hyundai Elevator Co. Ltd

            22.4.6.1. Overview

            22.4.6.2. Product Portfolio

            22.4.6.3. Sales Footprint

            22.4.6.4. Strategy Overview

        22.4.7. KÖHLER Elevator GmbH.

            22.4.7.1. Overview

            22.4.7.2. Product Portfolio

            22.4.7.3. Sales Footprint

            22.4.7.4. Strategy Overview

        22.4.8. Kone Corporation 

            22.4.8.1. Overview

            22.4.8.2. Product Portfolio

            22.4.8.3. Sales Footprint

            22.4.8.4. Strategy Overview

        22.4.9. Mitsubishi Electric Corporation

            22.4.9.1. Overview

            22.4.9.2. Product Portfolio

            22.4.9.3. Sales Footprint

            22.4.9.4. Strategy Overview

        22.4.10. Orona Group

            22.4.10.1. Overview

            22.4.10.2. Product Portfolio

            22.4.10.3. Sales Footprint

            22.4.10.4. Strategy Overview

        22.4.11. Sanyo Elevator (Zhuhai) Co., Ltd.

            22.4.11.1. Overview

            22.4.11.2. Product Portfolio

            22.4.11.3. Sales Footprint

            22.4.11.4. Strategy Overview

        22.4.12. Schindler Holding Ltd.

            22.4.12.1. Overview

            22.4.12.2. Product Portfolio

            22.4.12.3. Sales Footprint

            22.4.12.4. Strategy Overview

        22.4.13. Schumacher Elevator Company

            22.4.13.1. Overview

            22.4.13.2. Product Portfolio

            22.4.13.3. Sales Footprint

            22.4.13.4. Strategy Overview

        22.4.14. Sigma Elevator Company

            22.4.14.1. Overview

            22.4.14.2. Product Portfolio

            22.4.14.3. Sales Footprint

            22.4.14.4. Strategy Overview

        22.4.15. Stannah Lifts Holdings Ltd

            22.4.15.1. Overview

            22.4.15.2. Product Portfolio

            22.4.15.3. Sales Footprint

            22.4.15.4. Strategy Overview

        22.4.16. Toshiba Elevator And Building Systems Corporation

            22.4.16.1. Overview

            22.4.16.2. Product Portfolio

            22.4.16.3. Sales Footprint

            22.4.16.4. Strategy Overview

        22.4.17. Thyssenkrupp AG

            22.4.17.1. Overview

            22.4.17.2. Product Portfolio

            22.4.17.3. Sales Footprint

            22.4.17.4. Strategy Overview

        22.4.18. Otis Elevator Company

            22.4.18.1. Overview

            22.4.18.2. Product Portfolio

            22.4.18.3. Sales Footprint

            22.4.18.4. Strategy Overview

23. Assumptions and Acronyms Used

24. Research Methodology

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List of Tables

Table 01: Global Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Product Type

Table 02: Global Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Load Type

Table 03: Global Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Installation

Table 04: Europe Elevators And Escalators Market Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 05: Europe Elevators And Escalators Market Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 06: Global Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Region

Table 07: North America Market Value (US$ Mn) & Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Country

Table 08: North America Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Product Type

Table 09: North America Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Load Type

Table 10: North America Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Installation

Table 11: North America Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 12: North America Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 13: Latin America Market Value (US$ Mn) & Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Country

Table 14: Latin America Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Product Type

Table 15: Latin America Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Load Type

Table 16: Latin America Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Installation

Table 17: Latin America Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 18: Latin America Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 19: Europe Market Value (US$ Mn) & Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Country

Table 20: Europe Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Product Type

Table 21: Europe Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Load Type

Table 22: Europe Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Installation

Table 23: Europe Elevators And Escalators Market Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 24: Europe Elevators And Escalators Market Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 25: East Asia Market Value (US$ Mn) & Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Country

Table 26: East Asia Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Product Type

Table 27: East Asia Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Load Type

Table 28: East Asia Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Installation

Table 29: East Asia Elevators And Escalators Market Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 30: East Asia Elevators And Escalators Market Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 31: South Asia & Pacific Market Value (US$ Mn) & Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Country

Table 32: South Asia & Pacific Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Product Type

Table 33: South Asia & Pacific Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Load Type

Table 34: South Asia & Pacific Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Installation

Table 35: South Asia and Pacific Elevators And Escalators Market Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 36: South Asia and Pacific Elevators And Escalators Market Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 37: Middle East & Africa Market Value (US$ Mn) & Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Country

Table 38: Middle East & Africa Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Product Type

Table 39: Middle East & Africa Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Load Type

Table 40: Middle East & Africa Elevators And Escalators Market Value (US$ Mn) and Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by Installation

Table 41: Middle East and Africa Elevators And Escalators Market Volume ('000 Units) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Table 42: Middle East and Africa Elevators And Escalators Market Value (US$ Mn) Historical Data 2015 – 2021 and Forecast 2022 – 2030 by End Use

Nikhil Kaitwade
Principal Consultant
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List of Charts

Figure 01: Global Elevators and Escalators Market Volume (Mn Units) and Y-o-Y Growth Rate From 2022-2030

Figure 02: Global Elevators and Escalators Market Value (US$ Mn) and Y-o-Y Growth Rate From 2022-2030

Figure 03: Global Elevators And Escalators Market Share and BPS Analysis by Product Type- 2022 & 2030

Figure 04: Global Elevators And Escalators Market Y-o-Y Growth by Product Type, 2022-2030

Figure 05: Global Elevators And Escalators Market Attractiveness Analysis by Product Type, 2022-2030

Figure 06: Global Market Incremental $ Opportunity by Product Type, 2022-2030

Figure 07: Global Elevators And Escalators Market Share and BPS Analysis by Load Type- 2022 & 2030

Figure 08: Global Elevators And Escalators Market Y-o-Y Growth by Load Type, 2022-2030

Figure 09: Global Elevators And Escalators Market Attractiveness Analysis by Load Type, 2022-2030

Figure 10: Global Market Incremental $ Opportunity by Load Type, 2022-2030

Figure 11: Global Elevators And Escalators Market Share and BPS Analysis by Installation 2022 & 2030

Figure 12: Global Elevators And Escalators Market Y-o-Y Growth by Installation, 2022-2030

Figure 13: Global Elevators And Escalators Market Attractiveness Analysis by Installation, 2022-2030

Figure 14: Global Market Incremental $ Opportunity by Installation, 2022-2030

Figure 15: Global Elevators And Escalators Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 16: Global Elevators And Escalators Market Y-o-Y Growth by End Use, 2022-2030

Figure 17: Global Elevators And Escalators Market Attractiveness Analysis by End Use, 2022-2030

Figure 18: Global Market Incremental $ Opportunity by End Use, 2022-2030

Figure 19: Global Elevators And Escalators Market Share and BPS Analysis by Region 2022 & 2030

Figure 20: Global Elevators And Escalators Market Y-o-Y Growth by Region, 2022-2030

Figure 21: Global Elevators And Escalators Market Attractiveness Analysis by Region, 2022-2030

Figure 22: Global Market Incremental $ Opportunity by Region, 2022-2030

Figure 23: North America Market Share and BPS Analysis by Country– 2022 & 2030

Figure 24: North America Market Y-o-Y Growth Projections by Country, 2021-2030

Figure 25: North America Market Attractiveness by Country, 2022-2030

Figure 26: North America Market Incremental $ Opportunity by Country, 2022-2030

Figure 27: North America Elevators And Escalators Market Share and BPS Analysis by Product Type- 2022 & 2030

Figure 28: North America Elevators And Escalators Market Y-o-Y Growth by Product Type, 2022-2030

Figure 29: North America Elevators And Escalators Market Attractiveness Analysis by Product Type, 2022-2030

Figure 30: North America Elevators And Escalators Market Share and BPS Analysis by Load Type- 2022 & 2030

Figure 31: North America Elevators And Escalators Market Y-o-Y Growth by Load Type, 2022-2030

Figure 32: North America Elevators And Escalators Market Attractiveness Analysis by Load Type, 2022-2030

Figure 33: North America Elevators And Escalators Market Share and BPS Analysis by Installation 2022 & 2030

Figure 34: North America Elevators And Escalators Market Y-o-Y Growth by Installation, 2022-2030

Figure 35: North America Elevators And Escalators Market Attractiveness Analysis by Installation, 2022-2030

Figure 36: North America Elevators And Escalators Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 37: North America Elevators And Escalators Market Y-o-Y Growth by End Use, 2022-2030

Figure 38: North America Elevators And Escalators Market Attractiveness Analysis by End Use, 2022-2030

Figure 39: Latin America Market Share and BPS Analysis by Country– 2022 & 2030

Figure 40: Latin America Market Y-o-Y Growth Projections by Country, 2021-2030

Figure 41: Latin America Market Attractiveness by Country, 2022-2030

Figure 42: Latin America Market Incremental $ Opportunity by Country, 2022-2030

Figure 43: Latin America Elevators And Escalators Market Share and BPS Analysis by Product Type- 2022 & 2030

Figure 44: Latin America Elevators And Escalators Market Y-o-Y Growth by Product Type, 2022-2030

Figure 45: Latin America Elevators And Escalators Market Attractiveness Analysis by Product Type, 2022-2030

Figure 46: Latin America Elevators And Escalators Market Share and BPS Analysis by Load Type- 2022 & 2030

Figure 47: Latin America Elevators And Escalators Market Y-o-Y Growth by Load Type, 2022-2030

Figure 48: Latin America Elevators And Escalators Market Attractiveness Analysis by Load Type, 2022-2030

Figure 49: Latin America Elevators And Escalators Market Share and BPS Analysis by Installation 2022 & 2030

Figure 50: Latin America Elevators And Escalators Market Y-o-Y Growth by Installation, 2022-2030

Figure 51: Latin America Elevators And Escalators Market Attractiveness Analysis by Installation, 2022-2030

Figure 52: Latin America Elevators And Escalators Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 53: Latin America Elevators And Escalators Market Y-o-Y Growth by End Use, 2022-2030

Figure 54: Latin America Elevators And Escalators Market Attractiveness Analysis by End Use, 2022-2030

Figure 55: Europe Market Share and BPS Analysis by Country– 2022 & 2030

Figure 56: Europe Market Y-o-Y Growth Projections by Country, 2021-2030

Figure 57: Europe Market Attractiveness by Country, 2022-2030

Figure 58: Europe Market Incremental $ Opportunity by Country, 2022-2030

Figure 59: Europe Elevators And Escalators Market Share and BPS Analysis by Product Type- 2022 & 2030

Figure 60: Europe Elevators And Escalators Market Y-o-Y Growth by Product Type, 2022-2030

Figure 61: Europe Elevators And Escalators Market Attractiveness Analysis by Product Type, 2022-2030

Figure 62: Europe Elevators And Escalators Market Share and BPS Analysis by Load Type- 2022 & 2030

Figure 63: Europe Elevators And Escalators Market Y-o-Y Growth by Load Type, 2022-2030

Figure 64: Europe Elevators And Escalators Market Attractiveness Analysis by Load Type, 2022-2030

Figure 65: Europe Elevators And Escalators Market Share and BPS Analysis by Installation 2022 & 2030

Figure 66: Europe Elevators And Escalators Market Y-o-Y Growth by Installation, 2022-2030

Figure 67: Europe Elevators And Escalators Market Attractiveness Analysis by Installation, 2022-2030

Figure 68: Europe Elevators And Escalators Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 69: Europe Elevators And Escalators Market Y-o-Y Growth by End Use, 2022-2030

Figure 70: Europe Elevators And Escalators Market Attractiveness Analysis by End Use, 2022-2030

Figure 71: East Asia Market Share and BPS Analysis by Country– 2022 & 2030

Figure 72: East Asia Market Y-o-Y Growth Projections by Country, 2021-2030

Figure 73: East Asia Market Attractiveness by Country, 2022-2030

Figure 74: East Asia Market Incremental $ Opportunity by Country, 2022-2030

Figure 75: East Asia Elevators And Escalators Market Share and BPS Analysis by Product Type- 2022 & 2030

Figure 76: East Asia Elevators And Escalators Market Y-o-Y Growth by Product Type, 2022-2030

Figure 77: East Asia Elevators And Escalators Market Attractiveness Analysis by Product Type, 2022-2030

Figure 78: East Asia Elevators And Escalators Market Share and BPS Analysis by Load Type- 2022 & 2030

Figure 79: East Asia Elevators And Escalators Market Y-o-Y Growth by Load Type, 2022-2030

Figure 80: East Asia Elevators And Escalators Market Attractiveness Analysis by Load Type, 2022-2030

Figure 81: East Asia Elevators And Escalators Market Share and BPS Analysis by Installation 2022 & 2030

Figure 82: East Asia Elevators And Escalators Market Y-o-Y Growth by Installation, 2022-2030

Figure 83: East Asia Elevators And Escalators Market Attractiveness Analysis by Installation, 2022-2030

Figure 84: East Asia Elevators And Escalators Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 85: East Asia Elevators And Escalators Market Y-o-Y Growth by End Use, 2022-2030

Figure 86: East Asia Elevators And Escalators Market Attractiveness Analysis by End Use, 2022-2030

Figure 87: South Asia & Pacific Market Share and BPS Analysis by Country– 2022 & 2030

Figure 88: South Asia & Pacific Market Y-o-Y Growth Projections by Country, 2021-2030

Figure 89: South Asia & Pacific Market Attractiveness by Country, 2022-2030

Figure 90: South Asia & Pacific Market Incremental $ Opportunity by Country, 2022-2030

Figure 91: South Asia & Pacific Elevators And Escalators Market Share and BPS Analysis by Product Type- 2022 & 2030

Figure 92: South Asia & Pacific Elevators And Escalators Market Y-o-Y Growth by Product Type, 2022-2030

Figure 93: South Asia & Pacific Elevators And Escalators Market Attractiveness Analysis by Product Type, 2022-2030

Figure 94: South Asia & Pacific Elevators And Escalators Market Share and BPS Analysis by Load Type- 2022 & 2030

Figure 95: South Asia & Pacific Elevators And Escalators Market Y-o-Y Growth by Load Type, 2022-2030

Figure 96: South Asia & Pacific Elevators And Escalators Market Attractiveness Analysis by Load Type, 2022-2030

Figure 97: South Asia & Pacific Elevators And Escalators Market Share and BPS Analysis by Installation 2022 & 2030

Figure 98: South Asia & Pacific Elevators And Escalators Market Y-o-Y Growth by Installation, 2022-2030

Figure 99: South Asia & Pacific Elevators And Escalators Market Attractiveness Analysis by Installation, 2022-2030

Figure 100: South Asia & Pacific Elevators And Escalators Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 101: South Asia & Pacific Elevators And Escalators Market Y-o-Y Growth by End Use, 2022-2030

Figure 102: South Asia & Pacific Elevators And Escalators Market Attractiveness Analysis by End Use, 2022-2030

Figure 103: Middle East & Africa Market Share and BPS Analysis by Country– 2022 & 2030

Figure 104: Middle East & Africa Market Y-o-Y Growth Projections by Country, 2021-2030

Figure 105: Middle East & Africa Market Attractiveness by Country, 2022-2030

Figure 106: Middle East & Africa Market Incremental $ Opportunity by Country, 2022-2030

Figure 107: Middle East & Africa Elevators And Escalators Market Share and BPS Analysis by Product Type- 2022 & 2030

Figure 108: Middle East & Africa Elevators And Escalators Market Y-o-Y Growth by Product Type, 2022-2030

Figure 109: Middle East & Africa Elevators And Escalators Market Attractiveness Analysis by Product Type, 2022-2030

Figure 110: Middle East & Africa Elevators And Escalators Market Share and BPS Analysis by Load Type- 2022 & 2030

Figure 111: Middle East & Africa Elevators And Escalators Market Y-o-Y Growth by Load Type, 2022-2030

Figure 112: Middle East & Africa Elevators And Escalators Market Attractiveness Analysis by Load Type, 2022-2030

Figure 113: Middle East & Africa Elevators And Escalators Market Share and BPS Analysis by Installation 2022 & 2030

Figure 114: Middle East & Africa Elevators And Escalators Market Y-o-Y Growth by Installation, 2022-2030

Figure 115: Middle East & Africa Elevators And Escalators Market Attractiveness Analysis by Installation, 2022-2030

Figure 116: Middle East & Africa Elevators And Escalators Market Share and BPS Analysis by End Use- 2022 & 2030

Figure 117: Middle East & Africa Elevators And Escalators Market Y-o-Y Growth by End Use, 2022-2030

Figure 118: Middle East & Africa Elevators And Escalators Market Attractiveness Analysis by End Use, 2022-2030

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