Elevators and Escalators Market Research Report– Forecast 2030

エレベーターとエスカレーターの市場調査レポート、タイプ（エレベーター、エスカレーター、動く歩道）、サービス（新規設置、メンテナンス、修理）、エレベーター技術（トラクション、機械室なし、油圧）、エンドユーザーと地域-2030年までの予測

ID: MRFR/CO/4070-HCR | August 2022 | Region: Global | 100 Pages         

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Threat of substitutes

3.1.4 Segment rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Elevators and Escalators Market, By Type

5.1 Introduction

5.2 Elevators

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Escalators

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Moving Walkways

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

6 Global Elevators and Escalators Market, By Elevator Technology

6.1 Introduction

6.2 Traction

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Machine room-Less

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

6.4 Hydraulic

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Elevators and Escalators Market, By Services

7.1 Introduction

7.2 New Installation

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Maintenance & Repair

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

8 Global Elevators and Escalators Market, By End User

8.1 Introduction

8.2 Residential

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Non-Residential

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

9 Global Elevators and Escalators Market, By Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2019-2023

9.2.2 Market Estimates & Forecast by Type, 2019-2023

9.2.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.2.4 Market Estimates & Forecast by Services, 2019-2023

9.2.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.2.6 The U.S.

9.2.6.1 Market Estimates & Forecast, 2019-2023

9.2.6.2 Market Estimates & Forecast by Type, 2019-2023

9.2.6.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.2.6.4 Market Estimates & Forecast by Services, 2019-2023

9.2.6.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2019-2023

9.2.7.2 Market Estimates & Forecast by Type, 2019-2023

9.2.7.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.2.7.4 Market Estimates & Forecast by Services, 2019-2023

9.2.7.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2019-2023

9.3.2 Market Estimates & Forecast by Type, 2019-2023

9.3.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3.4 Market Estimates & Forecast by Services, 2019-2023

9.3.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3.6 U.K

9.3.6.1 Market Estimates & Forecast, 2019-2023

9.3.6.2 Market Estimates & Forecast by Type, 2019-2023

9.3.6.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.2.6.4 Market Estimates & Forecast by Services, 2019-2023

9.2.6.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3.7 Germany

9.3.7.1 Market Estimates & Forecast, 2019-2023

9.3.7.2 Market Estimates & Forecast by Type, 2019-2023

9.3.7.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3.7.4 Market Estimates & Forecast by Services, 2019-2023

9.3.7.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3.8 France

9.3.8.1 Market Estimates & Forecast, 2019-2023

9.3.8.2 Market Estimates & Forecast by Type, 2019-2023

9.3.8.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3.8.4 Market Estimates & Forecast by Services, 2019-2023

9.3.8.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3.9 Italy

9.3.9.1 Market Estimates & Forecast, 2019-2023

9.3.9.2 Market Estimates & Forecast by Type, 2019-2023

9.3.9.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3.9.4 Market Estimates & Forecast by Services, 2019-2023

9.3.9.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2019-2023

9.3.10.2 Market Estimates & Forecast by Type, 2019-2023

9.3.10.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.3.10.4 Market Estimates & Forecast by Services, 2019-2023

9.3.10.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2019-2023

9.4.2 Market Estimates & Forecast by Type, 2019-2023

9.4.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.4.4 Market Estimates & Forecast by Services, 2019-2023

9.4.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.4.6 China

9.4.6.1 Market Estimates & Forecast, 2019-2023

9.4.6.2 Market Estimates & Forecast by Type, 2019-2023

9.4.6.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.4.6.4 Market Estimates & Forecast by Services, 2019-2023

9.4.6.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2019-2023

9.4.7.2 Market Estimates & Forecast by Type, 2019-2023

9.4.7.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.4.7.4 Market Estimates & Forecast by Services, 2019-2023

9.4.7.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.4.8 India

9.4.8.1 Market Estimates & Forecast, 2019-2023

9.4.8.2 Market Estimates & Forecast by Type, 2019-2023

9.4.8.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.4.8.4 Market Estimates & Forecast by Services 2019-2023

9.4.8.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2019-2023

9.4.9.2 Market Estimates & Forecast by Type, 2019-2023

9.4.9.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.4.9.4 Market Estimates & Forecast by Services, 2019-2023

9.4.9.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.5 Rest of the World

9.5.1 Market Estimates & Forecast, 2019-2023

9.5.2 Market Estimates & Forecast by Type, 2019-2023

9.5.3 Market Estimates & Forecast by Elevator Technology, 2019-2023

9.5.4 Market Estimates & Forecast by Services, 2019-2023

9.5.5 Market Estimates & Forecast by Elevator Technology, 2019-2023

10 Competitive Landscape

11 Company Profile

11.1 KONE Corporation

11.1.1 Company Overview

11.1.2 Products/Services Offering

11.1.3 Financial Overview

11.1.4 Key Developments

11.1.5 Strategy

11.1.6 SWOT Analysis

11.2 Sigma Elevator Company

11.2.1 Company Overview

11.2.2 Products/Services Offering

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 Strategy

11.2.6 SWOT Analysis

11.3 Otis Elevator Company

11.3.1 Company Overview

11.3.2 Products/Services Offering

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 Strategy

11.3.6 SWOT Analysis

11.4 United Technologies

11.4.1 Company Overview

11.4.2 Products/Services Offering

11.4.3 Financial Overview

11.4.4 Key Developments

11.4.5 Strategy

11.4.6 SWOT Analysis

11.5 Schindler

11.5.1 Company Overview

11.5.2 Products/Services Offering

11.5.3 Financial Overview

11.5.4 Key Developments

11.5.5 Strategy

11.5.6 SWOT Analysis

11.6 Mitsubishi Electric Corporation

11.6.1 Company Overview

11.6.2 Products/Services Offering

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Strategy

11.6.6 SWOT Analysis

11.7 ThyssenKrupp AG

11.7.1 Company Overview

11.7.2 Products/Services Offering

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 Strategy

11.7.6 SWOT Analysis

11.8 FUJITEC

11.8.1 Company Overview

11.8.2 Products/Services Offering

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 Strategy

11.8.6 SWOT Analysis

11.9 Hitachi Ltd

11.9.1 Company Overview

11.9.2 Products/Services Offering

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 Strategy

11.9.6 SWOT Analysis

11.10 Hyundai Elevator Co., Ltd

11.10.1 Company Overview

11.10.2 Products/Services Offering

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 Strategy

11.10.6 SWOT Analysis

11.11 Toshiba Elevator And Building Systems Corporation

11.11.1 Company Overview

11.11.2 Products/Services Offering

11.11.3 Financial Overview

11.11.4 Key Developments

11.11.5 Strategy

11.11.6 SWOT Analysis

11.7 Stein Ltd

11.12.1 Company Overview

11.12.2 Products/Services Offering

11.12.3 Financial Overview

11.12.4 Key Developments

11.12.5 Strategy

11.12.6 SWOT Analysis

11.8 PAPPAS Elevators

11.13.1 Company Overview

11.13.2 Products/Services Offering

11.13.3 Financial Overview

11.13.4 Key Developments

11.13.5 Strategy

11.13.6 SWOT Analysis

11.9 Gulf Elevator & Escalator Co. Ltd

11.14.1 Company Overview

11.14.2 Products/Services Offering

11.14.3 Financial Overview

11.14.4 Key Developments

11.14.5 Strategy

11.14.6 SWOT Analysis

11.15 Electra Ltd.

11.15.1 Company Overview

11.15.2 Products/Services Offering

11.15.3 Financial Overview

11.15.4 Key Developments

11.15.5 Strategy

11.15.6 SWOT Analysis  


List of Tables

Table 1 Global Elevators and Escalators Market: By Region, 2020-2027

Table 2 North America Elevators and Escalators Market: By Country, 2020-2027

Table 3 Europe Elevators and Escalators Market: By Country, 2020-2027

Table 4 Asia Pacific Elevators and Escalators Market: By Country, 2020-2027

Table 5 RoW Elevators and Escalators Market: By Country, 2020-2027

Table 6 Global Elevators and Escalators Market, By Type, By Regions, 2020-2027

Table 7 North America Elevators and Escalators Market, By Type, By Country, 2020-2027

Table 8 Europe Elevators and Escalators Market, By Type, By Country, 2020-2027

Table 9 Asia Pacific Elevators and Escalators Market by Type, By Country, 2020-2027

Table 10 RoW Elevators and Escalators Market by Type, By Country, 2020-2027

Table 11 Global Elevators and Escalators by Elevator Technology Market: By Regions, 2020-2027

Table 12 North America Elevators and Escalators Market by Elevator Technology: By Country, 2020-2027

Table 13 Europe Elevators and Escalators Market by Elevator Technology: By Country, 2020-2027

Table 14 Asia Pacific Elevators and Escalators Market by Elevator Technology: By Country, 2020-2027

Table 15 RoW Elevators and Escalators Market by Elevator Technology: By Country, 2020-2027

Table 16 Global Elevators and Escalators by Services Market: By Regions, 2020-2027

Table 17 North America Elevators and Escalators Market by Services: By Country, 2020-2027

Table 18 Europe Elevators and Escalators Market by Services: By Country, 2020-2027

Table 19 Asia Pacific Elevators and Escalators Market by Services: By Country, 2020-2027

Table 20 RoW Elevators and Escalators Market by Services: By Country, 2020-2027

Table 21 Global Elevators and Escalators by End User Market: By Regions, 2020-2027

Table 22 North America Elevators and Escalators Market by End User: By Country, 2020-2027

Table 23 Europe Elevators and Escalators Market by End User: By Country, 2020-2027

Table 24 Asia Pacific Elevators and Escalators Market by End User: By Country, 2020-2027

Table 25 RoW Elevators and Escalators Market by End User: By Country, 2020-2027

Table 26 Global Elevators and Escalators Market: By Region, 2020-2027

Table 27 Global Elevators and Escalators Market: By Type, 2020-2027

Table 18 Global Elevators and Escalators Market: By Elevator Technology, 2020-2027

Table 27 Global Elevators and Escalators Market: By Services, 2020-2027

Table 18 Global Elevators and Escalators Market: By End User, 2020-2027

Table 19 North America Elevators and Escalators Market, By Country

Table 20 North America Elevators and Escalators Market, By Type

Table 21 North America Elevators and Escalators Market, By Elevator Technology

Table 20 North America Elevators and Escalators Market, By Services

Table 21 North America Elevators and Escalators Market, By End User

Table 22 Europe: Elevators and Escalators Market, By Country

Table 23 Europe: Elevators and Escalators Market, By Type

Table 24 Europe: Elevators and Escalators Market, By Elevator Technology

Table 25 Europe: Elevators and Escalators Market, By Services

Table 26 Europe: Elevators and Escalators Market, By End User

Table 27 Asia Pacific: Elevators and Escalators Market, By Country

Table 28 Asia Pacific: Elevators and Escalators Market, By Type

Table 29 Asia Pacific: Elevators and Escalators Market, By Elevator Technology

Table 30 Asia Pacific: Elevators and Escalators Market, By Services

Table 31 Asia Pacific: Elevators and Escalators Market, By End User

Table 32 RoW: Elevators and Escalators Market, By Region

Table 33 RoW Elevators and Escalators Market, By Type

Table 34 RoW Elevators and Escalators Market, By Elevator Technology

Table 35 RoW Elevators and Escalators Market, By Services

Table 36 RoW Elevators and Escalators Market, By End User

 

List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top down & Bottom up Approach

FIGURE 3 Market Dynamics

FIGURE 4 impact analysis: market drivers

FIGURE 5 impact analysis: market restraints

FIGURE 6 porter’s five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 Global Elevators and Escalators Market SHARE, By Type, 2020 (%)

FIGURE 9 Global Elevators and Escalators Market, By Type, 2020-2027 (USD MILLION)

FIGURE 10 Global Elevators and Escalators Market SHARE, By Elevator Technology, 2020 (%)

FIGURE 11 Global Elevators and Escalators Market, By Elevator Technology, 2020-2027 (USD MILLION)

FIGURE 12 Global Elevators and Escalators Market SHARE, By Services, 2020 (%)

FIGURE 13 Global Elevators and Escalators Market, By Services, 2020-2027 (USD MILLION)

FIGURE 14 Global Elevators and Escalators Market SHARE, By End User, 2020 (%)

FIGURE 15 Global Elevators and Escalators Market, By End User, 2020-2027 (USD MILLION

FIGURE 16 Global Elevators and Escalators Market SHARE (%), BY REGION, 2020

FIGURE 17 Global Elevators and Escalators Market, BY REGION, 2020-2027 (USD MILLION)

FIGURE 18 North America Elevators and Escalators Market SHARE (%), 2020

FIGURE 19 North America Elevators and Escalators Market BY Country, 2020-2027 (USD MILLION)

FIGURE 20 Europe Elevators and Escalators Market SHARE (%), 2020

FIGURE 21 Europe Elevators and Escalators Market BY Country, 2020-2027 (USD MILLION)

FIGURE 22 Asia Pacific Elevators and Escalators Market SHARE (%), 2020

FIGURE 23 Asia Pacific Elevators and Escalators Market BY Country, 2020-2027 (USD MILLION)

FIGURE 24 Rest of the World Elevators and Escalators Market SHARE (%), 2020

FIGURE 25 Rest of the World Elevators and Escalators Market BY Country, 2020-2027 (USD MILLION)

エレベーターとエスカレーター市場

エレベーターとエスカレーターの市場規模は2019年に77.86億米ドルと推定され、2027年までに120.43億米ドルに達し、2022年から2030年にかけて6.3％のCAGRに達すると予測されています。

$120.43 billion

市場規模


6.3%

CAGR


Asia-Pacific

支配的な地域

2022-2030

予測期間

セグメンテーション

タイプ別 Elevators Escalators Moving Walkways
Service New Installation Maintenance & Repair
Elevator Technology Traction Machine Room Less Hydraulic

キープレーヤー

  • KONE Corporation (Finland)
  • Electra Ltd. (Israel)
  • United Technologies (U.S.)
  • Schindler (Switzerland)
  • Toshiba Corporation (Japan)
  • Mitsubishi Electric Corporation (Japan)
  • Hitachi Ltd. (Japan)
  • Hyundai Elevator Co.
  • Ltd. (South Korea)
  • ThyssenKrupp AG (Germany)
  • FUJITEC (Japan)

運転手

  • Increasing infrastructure development across the globe
  • Growing demand from residential as well as construction sector
  • Growing renovation and reformation of the homes
  • Growing residential and non-residential
  • commercial spaces construction activities
Speak to Analyst Request a Free Sample

エレベーターとエスカレーター市場の概要


エレベーターとエスカレーターの市場規模は2019年に77.86億米ドルと推定され、2027年までに120.43億米ドルに達し、2022年から2030年にかけて6.3％のCAGRに達すると予測されています。


エレベーターとエスカレーターの市場は、パンデミックが国際市場を襲う前の過去10年間で驚異的な成長を遂げると予測されています。世界のエレベーターとエスカレーターの市場シェアの傾向に基づいて、市場は2028年に終了する予測期間中、成長率の状態を維持します。テクノロジーの急速な変革が進み、建設業の市場での利用可能性が続いています。これは、2028年に終了する進行中の予測期間中に世界市場の全体的な成長に貢献する主な理由の1つになりました。


COVID19 分析


COVID-19の突然の発生は、建設および建築部門、特にエレベーターおよびエスカレーター市場の拡大に対処していたセクターに巨大で壊滅的な影響を及ぼしました。開発部門では、世界的なシナリオで世界政府によって一時的および恒久的な封鎖が課されて以来、新しい建物の建設と開発は深刻な停止を目の当たりにしています。世界市場の労働者は、仕事が利用できないために故郷に戻ってきたため、収入源はありません。世界のエレベーターとエスカレーター市場の消費者も、経済の不確実性と増大する経済的および金融危機のため、インフラ資産に重要な資金を投資することを望んでいません。パンデミックの傾向は、いくつかの国で2021年半ばまで続くでしょう。しかし、修理作業とメンテナンスのためのスマートエレベーターとエスカレーター市場の大規模な採用は、2028年に終了する期間も引き続き堅調であると予想されます。


しかし、市場の主なニーズは、事業と需要を復活させることです。このアイデアは、特に2028年に終了する予測期間中に、エレベーターの市場規模を拡大するのに役立つ製品ポートフォリオとターゲットオーディエンスの代替品を強化することです。


競争環境


世界中のエレベーターとエスカレーター市場で最も著名な主要な主要プレーヤーを以下に示します。



  • コーン・コーポレーション (フィンランド)

  • エレクトラリミテッド (イスラエル)

  • ユナイテッド・テクノロジーズ (米国)

  • シンドラー (スイス)

  • 株式会社東芝 (日本)

  • 三菱電機株式会社 (日本)

  • 日立製作所 (日本)

  • 現代エレベーター株式会社 (韓国)

  • ティッセンクルップAG (ドイツ)

  • フジテック (日本)


これらの主要な主要企業は、エレベーターおよびエスカレーター市場での市場での地位を維持するために、さらに合併や買収、協力、パートナーシップの確立、新しい合弁事業の設立、新製品ラインの開発など、さまざまな戦略を採用している可能性があります。


マーケットダイナミクス


ドライバー


その結果、農村部から確立された都市への大規模で拡大した人口基盤の移住が増加しており、その結果、高層ビルやインフラの建設を含むインフラ開発の突然の必要性が生じています。続いて、新興人口の宿泊ニーズに応える必要があります。国連経済社会局の統計によると、2030年末までに、2028年に終了する予測期間を上回ると、都市人口は世界人口の60％を占める可能性があります。この暫定的な数値は、2050年の未来の予測年の終わりまでに68％に達すると予想され、2021-2028年の予測期間中にエレベーターおよびエスカレーター市場の需要が高まります。


拘束


2028年に終了する予測期間中にスマートエレベーター市場の成長を妨げる可能性が高い、エレベーターに制御システムを設置するための高コストがありました。市場の顧客は、顧客が高額の費用を負担する能力が妨げられているため、ハイエンドのアクセス制御システムにこの金額を支払うことを望んでいません。さらに、熟練した技術コンサルタントの必要性が高まっているため、アクセス制御システムの設置と統合には高いコストがかかっています。これは、2028年に終了する予定の期間中にエレベーターとエスカレーターの市場が成長するのを妨げる可能性があります。


テクノロジー分析


グリーンエンジニアリングは、エレベーターの市場規模の一部です。このアイデアは、過剰なエネルギーを取り込むなどの方法を選択することにより、最適なパフォーマンスを提供する可能性があります。これは、機能中に発生する熱の形で浪費されることがよくあります。市場システムは、捕獲されたエネルギーを建物の送電網などのさまざまな形に戻して再利用するのに役立ちます。


建築プロジェクトは、全世界のエネルギーの約40％を消費することが知られています。プロセス中、エレベーターとエスカレーターの市場の程度は2％から10％の合計を消費します。スマートソリューションで建築プロセスを最新化することにより、この数は予測され、1〜5％に減らすことができます。グリーンエンジニアリングのコンセプトは、市場関係者がエネルギー効率の高いソリューションを提供する機会を増やす可能性が高い。これは、既存のエレベーターやエスカレーターの市場シェアの自動化や近代化などのプロセスを開始することにより、運用コストを削減するのに役立ちます。


グローバルエレベーターとエスカレーター市場の細分化：


Elevators and Escalators Market


ソース:MRFR 分析


市場細分化


エレベーターとエスカレーターの市場は、タイプ、サービス、アプリケーション、および地域に基づいて世界中で分割されていました。


タイプ別:



  • エレベーター（乗客、貨物、シングル、ダブルデッキエレベーター）

  • エスカレーター

  • Report Attribute/Metric Details   Market Size

  • 2027: USD 120.43 billion
  • 2030 : Significant value

    •   CAGR   6.3% CAGR (2022 to 2030)   Base Year   2021   Forecast Period   2022 to 2030   Historical Data   2019 & 2020   Forecast Units   Value (USD Million)   Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends   Segments Covered   Type, Service, Elevator Technology, End User   Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)   Key Vendors   KONE Corporation (Finland), Sigma Elevator Company (Korea), Otis Elevator Company (U.S.), United Technologies (U.S.), Schindler (Switzerland), Mitsubishi Electric Corporation (Japan), ThyssenKrupp AG (Germany), FUJITEC (Japan), Hitachi Ltd. (Japan), Hyundai Elevator Co., Ltd. (South Korea), Toshiba Elevator And Building Systems Corporation (Japan), Stein Ltd (Russia), PAPPAS Elevators (Russia), Gulf Elevator & Escalator Co. Ltd. (Saudi Arabia) and Electra Ltd. (Israel).   Key Market Opportunities

  • Increasing supportive regulations from the government
  • changing lifestyle and high growth in construction sector

    •   Key Market Drivers

  • Increasing infrastructure development across the globe
  • Growing demand from residential as well as construction sector
  • Growing renovation and reformation of the homes
  • Growing residential and non-residential, commercial spaces construction activities



    • Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :

    The elevators and escalators market is anticipated to grow at a higher CAGR of 6.01% in the global market during the forecasted period.

    On the basis of elevator technology, the machine room-less traction (MRLS) technology and on the basis of end-user, the non-residential segment holds majority shares in the global elevators and escalators market.

    Rapid urbanization & industrialization across the world and the burgeoning construction sector are major tailwinds pushing the growth of the global elevators and escalators market.

    Asia Pacific holds the largest share in the global elevators and escalators market, followed by Europe and North America, respectively.

    Sigma Elevator Company (Korea), Stein Ltd (Russia), KONE Corporation (Finland), Otis Elevator Company (U.S.), PAPPAS Elevators (Russia), Schindler (Switzerland), Building Systems Corporation (Japan), United Technologies (U.S.), G Electra Ltd. (Israel), Gulf Elevator & Escalator Co. Ltd. (Saudi Arabia), Mitsubishi Electric Corporation (Japan), FUJITEC (Japan), ThyssenKrupp AG (Germany), Hitachi Ltd. (Japan), Toshiba Elevator, and Hyundai Elevator Co., Ltd. (South Korea), are some of the top players operating in the global elevators and escalators market.