Global Elevator Market Report, History and Forecast 2017-2028
Summary
Market Analysis and Insights: Global Elevator Market
Due to the COVID-19 pandemic, the global Elevator market was valued at US$ 41,211.5 million in 2021 and will reach US$ 53,480.7 million by the end of 2028, growing at a CAGR of 3.86% during 2022-2028.
The global main manufacturers of Elevator include Otis, Kone, Schindler, Mitsubishi Electric, TK Elevator, Hitachi, Toshiba, Hyundai, Hangzhou XiOlift, Fujitec, etc. In 2021, the global six largest players have a share approximately 74% in terms of revenue.
The North America Elevator market is estimated at US$ 1,219.1 million in 2021, while China is forecast to reach US$ 36,906.8 million by 2028.
Elevator accounting for 85% of the Elevator global market in 2021, is projected to value US$ 46,250.2 million by 2028, growing at a revised 3.93% CAGR in the post-COVID-19 period.
Global Elevator Scope and Market Size
The global Elevator market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Elevator market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
By Company
Otis
Kone
Schindler
Mitsubishi Electric
TK Elevator
Hitachi
Toshiba
Hyundai
Hangzhou XiOlift
Fujitec
Yungtay Engineering
Canny Elevator
Volkslift
Guangri Elevator
SJEC
Edunburgh Elevator
IFE Elevators
Meilun Elevator
Suzhou Diao
CNYD
Syney Electric
Dongnan Elevator
Segment by Type
Elevator
Escalator
Moving Walkway
Segment by Application
Residential Area
Commercial Office
Transportation Hub
Industrial Area
By Region
North America
U.S.
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
South America
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
South Africa
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