Global Elevator and Escalator Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Elevator and Escalator Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

In generally, elevators include the escalators and the moving walkways. An escalator is a moving staircase used as transportation between floors or levels in subways, buildings, and other mass pedestrian areas. A moving walkway or moving sidewalk, travelator, is a slow-moving conveyor mechanism that transports passengers across a horizontal or inclined plane over a short to medium distance. The different between the escalator and the moving walkway is the former has stairs and the latter is a flat or slant apron without stairs.

According to our (Global Info Research) latest study, the global Elevator and Escalator market size was valued at US$ 39490 million in 2023 and is forecast to a readjusted size of USD 49510 million by 2030 with a CAGR of 3.3% during review period.

The biggest elevator and escalator manufacturers in Global Market is Otis, holds a share about 15%, other key players include Schindler Group, ThyssenKrupp and Kone hold market share about 25% in total. Asia-Pacific is largest market, occupied for around 80 percent, followed by Europe, which holds around 15% market share. In terms of type, elevator(vertical) segment holds the largest share over 80 percent. In terms of application, residential area holds the largest elevator and escalator market share about 62 percent in global.

This report is a detailed and comprehensive analysis for global Elevator and Escalator market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Elevator and Escalator market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Elevator and Escalator market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Elevator and Escalator market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Elevator and Escalator market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Elevator and Escalator

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Elevator and Escalator market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Otis, Schindler Group, ThyssenKrupp, Kone, Mitsubishi Electric, Toshiba, Hitachi, Fujitec, Hyundai, Yungtay Engineering, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Elevator and Escalator market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Elevator (Vertical)
Escalator
Moving Walkway

Market segment by Application
Residential Area
Commercial Office
Transportation Hub Area
Industrial Area

Major players covered
Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
Sicher Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
CNYD
Meilun Elevator
IFE Elevators
Joylive Elevator
Dongnan Elevator

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Elevator and Escalator product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Elevator and Escalator, with price, sales quantity, revenue, and global market share of Elevator and Escalator from 2019 to 2024.

Chapter 3, the Elevator and Escalator competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Elevator and Escalator breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Elevator and Escalator market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Elevator and Escalator.

Chapter 14 and 15, to describe Elevator and Escalator sales channel, distributors, customers, research findings and conclusion.