Global Elevator Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Elevator Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

An elevator is a type of vertical transportation device that moves people or goods between floors (levels, decks) of a building, vessel, or other structure.

Market Overview:

The latest research study on the global Elevator market finds that the global Elevator market reached a value of USD 37803.51 million in 2022. It’s expected that the market will achieve USD 48963.19 million by 2028, exhibiting a CAGR of 4.41% during the forecast period.

Region Overview:

Asia Pacific dominated the Elevator market in 2022, with a market share of 72.66%.

Key Companies in the global Elevator market covered in Chapter 3:

ThyssenKrupp AG
Hitachi, Ltd.
Fujitec
Hyundai Elevator Co Ltd
KONE
Schindler Group
Otis Elevator Company
Shanghai Mitsubishi Elevator Co. , Ltd
Toshiba Corporation

In Chapter 4 and Chapter 14.2, on the basis of types, the Elevator market from 2018 to 2029 is primarily split into:

Elevator (Vertical)
Escalator
Moving Walkway

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Elevator market from 2018 to 2029 covers:

Residential
Institutional
Commercial
Industrial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)