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

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

According to our (Global Info Research) latest study, the global Escalator market size was valued at USD 6475.2 million in 2023 and is forecast to a readjusted size of USD 7894.1 million by 2030 with a CAGR of 2.9% during review period.

Escalator in this report refers to staircase escalator as well as moving walkway. An escalator is a type of vertical transportation in the form of a moving staircase which carries people between floors of a building. It consists of a motor-driven chain of individually linked steps on a track which cycle on a pair of tracks which keep them horizontal. A moving walkway, also known as an autowalk, moving sidewalk, moving pavement, people-mover, travolator, or travelator, is a slow-moving conveyor mechanism that transports people across a horizontal or inclined plane over a short to medium distance.

Global Escalators key players include Otis, Schindler, Kone, TK Elevator, Mitsubishi Electric, etc. Global top five manufacturers hold a share about 45%. China is the largest market, with a share about 70%, followed by Europe and North America, both have a share about 15 percent. In terms of product, Escalators is the largest segment, with a share over 80%. And in terms of application, the largest application is Escalators, followed by Moving Walkways, etc.

The Global Info Research report includes an overview of the development of the Escalator industry chain, the market status of Commercial (Parallel Escalator, Multi-parallel Escalator), Public Transit (Parallel Escalator, Multi-parallel Escalator), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Escalator.

Regionally, the report analyzes the Escalator markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Escalator market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Escalator market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Escalator industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Parallel Escalator, Multi-parallel Escalator).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Escalator market.

Regional Analysis: The report involves examining the Escalator market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Escalator market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Escalator:

Company Analysis: Report covers individual Escalator manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Escalator This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial, Public Transit).

Technology Analysis: Report covers specific technologies relevant to Escalator. It assesses the current state, advancements, and potential future developments in Escalator areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Escalator market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

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.

Market segment by Type
Parallel Escalator
Multi-parallel Escalator
Walkway Escalator
Others(Crisscross and Spiral)

Market segment by Application
Commercial
Public Transit
Others(Institutional Sector and Residential)

Major players covered
Schindler Group
Kone Corporation
Thyssenkrupp AG
Dover
Hyundai Elevator
Fujitec
Mitsubishi Electric
SIGMA
Otis
Omega

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 Escalator product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the 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 application, with sales market share and growth rate by type, 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 2017 to 2023.and Escalator market forecast, by regions, type and 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 Escalator.

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