封面
市場調查報告書
商品編碼
2016782

電梯和電扶梯市場規模、佔有率、趨勢和預測:按類型、服務、最終用途和地區分類,2026-2034年

Elevator and Escalator Market Size, Share, Trends and Forecast by Type, Service, End Use and Region, 2026-2034

出版日期: | 出版商: IMARC | 英文 150 Pages | 商品交期: 2-3個工作天內

價格

2025年全球電梯和電扶梯市場規模為1,692億美元。展望未來,IMARC Group預測,該市場將以4.59%的複合年成長率從2026年成長至2034年,到2034年達到2,588億美元。目前,亞太地區是該市場的主要驅動力,預計到2025年將佔據超過63.6%的市場。該地區市場成長的促進因素包括快速的都市化、高層建築建設的增加以及對先進出行解決方案日益成長的需求。

全球快速的都市化推動了電梯和電扶梯市場的成長,同時,新興市場也興建了大量高層建築和各類住宅計畫。此外,對旅遊解決方案日益成長的需求也促進了電梯和電扶梯市場的發展,因為這些系統對於滿足身心障礙者和老年人的旅行需求至關重要。因此,從永續性和便利永續性的角度來看,採用物聯網 (IoT) 技術、節能型電梯和自動化控制系統的智慧電梯正逐漸被人們接受。環保建築和節能系統的推廣也促進了對電梯和電扶梯的需求,因為它們的設計符合永續性標準,從而進一步推高了市場需求。此外,已開發國家和開發中國家基礎設施建設的加速發展也促進了垂直運輸系統的安裝和維護。

在美國,電梯和電扶梯市佔率正在迅速擴張,這主要得益於商業和住宅領域蓬勃發展的建築業。大城市對更有效率的垂直交通解決方案的需求日益成長,以及對公共空間無障礙設施的關注度不斷提高,也推動了市場成長。節能設計和物聯網等技術正在透過提升營運效率和永續性來變革該產業。例如,2023年6月,奧的斯全球公司面向北美地區日益成長的2至6層建築市場推出了Gen3 Core™電梯。該產品為低層建築提供物聯網連接、永續性和更佳的乘客舒適度。此外,現代化改造和維護服務也是垂直交通市場的重要組成部分,因為超過20年的建築物中的電梯和電扶梯需要升級才能滿足最低安全和監管標準。人們對環保建築認證的日益關注以及日益嚴峻的環境問題,正在推動需要節能型垂直交通解決方案的新建設項目。此外,美國城市的人口成長和都市化不斷增加,對先進的電梯和電扶梯系統產生了巨大的需求,以確保高層建築內高效的通行。

電梯和電扶梯市場的發展趨勢:

建設活動增加

基礎設施建設在推動電梯和電扶梯市場發展中發揮著至關重要的作用,這一點不容忽視。隨著城市不斷向上發展,對高效能垂直交通系統的需求日益凸顯。根據世界銀行統計,包括房地產、基礎建設和工業建築在內的建築業佔全球GDP的13%。在快速成長的經濟體中,這一比例尤其顯著,這些地區的建設活動正處於高峰期,而這主要得益於政府和私營部門的共同推動。機場、火車站、購物中心甚至教育機構等基礎設施項目都需要先進的垂直和水平交通系統來應對巨大的交通壓力,並確保人們的安全。此外,新建住宅計畫旨在提供極致的舒適和便利,而高速、安全、高效的電梯正是實現這一目標的必要條件。這些大規模建設項目不僅反映了城市空間的成長,也反映了消費者期望的成熟。如今,消費者不再將這些交通系統視為奢侈品,而是將其視為現代生活不可或缺的一部分。

人們越來越關注能源​​效率和永續性。

對開發永續環保電梯和電扶梯的日益重視正成為市場成長的主要驅動力。產業報告顯示,電梯能耗通常佔建築物總能耗的2%至10%,這意味著透過創新技術可以顯著降低能耗。目前,各公司正在應用智慧技術,例如可將能源回饋至建築物電網的再生驅動系統、低功耗LED照明以及在系統不運作時大幅降低能耗的待機模式。這些創新技術不僅透過降低營運成本提供了經濟高效的解決方案,而且還吸引了具有環保意識的消費者。綠色科技的轉型符合國際永續性目標,進一步激勵製造商和消費者朝著這個方向努力。因此,對永續性的關注預計將繼續成為影響市場趨勢的重要因素。

老年人口不斷增加,對無障礙設施提出了更高的要求。

隨著老年人口的持續成長,全球人口結構正在改變。聯合國數據顯示,全球65歲以上人口數量預計將從2021年的7.61億增加到2050年的16億,增加超過一倍。 80歲及以上人口的成長速度更快,進一步提升了對無障礙設施的需求。在此背景下,電梯和電扶梯在改善公共和私人場所無障礙通行方面發揮著前所未有的關鍵作用。老年人面臨獨特的挑戰,例如行動不便和對安全設施的更高需求。這催生了對配備人性化介面、緊急呼叫按鈕和緩速運轉功能的電梯和電扶梯的實際市場需求,讓老年人輕鬆上下車。許多老年人口眾多的國家已經開始將這些功能作為標準配置。這種對無障礙設施的關注不僅具有重要的社會意義,也為企業創新和客製化產品線提供了真正的市場機會。因此,人口老化不僅增加了對無障礙系統的迫切需求,也是推動該領域技術創新的關鍵因素。電梯和電扶梯的創新透過提升安全性、無障礙性和能源效率,顯著推動了市場擴張。非接觸式操作、人工智慧驅動的預測性維護和即時監控等智慧功能提高了運行可靠性並減少了運作。這些進步透過整合再生驅動系統和先進感測器提高了能源效率,從而降低了環境影響和營運成本。此外,語音控制、自動門系統和改進的轎廂佈局等新的無障礙創新使行動不便者,特別是老年人,旅行更加便捷。先進的緊急通訊系統和防滑扶梯踏板等增強的安全功能為使用者提供了更安全的體驗,讓他們更加安心。這些技術創新的融合使現代電梯和電扶梯解決方案更加無障礙、節能和永續,滿足了不同群體的需求,並推動了市場成長。例如,2024 年,奧的斯在曼谷舉行的「無限可能平台」發布會上宣布推出其 Gen3™ 互聯電梯平台。

目錄

第1章:序言

第2章:調查方法

  • 調查目的
  • 相關利益者
  • 數據來源
    • 主要訊息
    • 二手資訊
  • 市場估值
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第3章執行摘要

第4章:引言

第5章:全球電梯與電扶梯市場

  • 市場概覽
  • 市場表現
  • 新冠疫情的影響
  • 市場預測

第6章 市場區隔:依類型

  • 電梯
  • 電扶梯
  • 電動平面步道

第7章 市場區隔:依服務分類

  • 新推出
  • 維護/修理
  • 現代化

第8章 市場區隔:依最終用途分類

  • 住宅
  • 商業的
    • 主要部分
      • 辦公室
      • 飯店業
      • 複合區塊
      • 其他

第9章 市場區隔:依地區分類

  • 北美洲
    • 美國
    • 加拿大
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲

第10章 SWOT 分析

第11章:價值鏈分析

第12章:波特五力分析

第13章:價格分析

第14章 競爭格局

  • 市場結構
  • 主要企業
  • 主要企業簡介
    • Canny Elevator Co. Ltd.
    • Electra Elevators
    • Fujitec Co. Ltd.
    • Gulf Elevators & Escalators Co. Ltd.
    • Hitachi Ltd.
    • Hyundai Elevator Co. Ltd.
    • Johnson Lifts Private Limited
    • Kleemann Group
    • KONE Corporation
    • Mitsubishi Electric Corporation
    • Otis Elevator Company(I). Ltd(Otis Worldwide Corporation)
    • Schindler Holding Ltd.
    • Sigma Elevator Company
    • Toshiba Elevator and Building Systems Corporation(Toshiba Corporation)
Product Code: SR112026A6616

The global elevator and escalator market size was valued at USD 169.2 Billion in 2025. Looking forward, IMARC Group estimates the market to reach USD 258.8 Billion by 2034, exhibiting a CAGR of 4.59% from 2026-2034. Asia Pacific currently dominates the market, holding a market share of over 63.6% in 2025. The market is driven by rapid urbanization, increasing construction of high-rise buildings, and a growing demand for advanced mobility solutions in the region.

This rapid urbanization across the global sphere has propelled elevators and escalators market growth with a series of skyscrapers and various other residential building developments coming out of these developing markets. The rise in demand for mobility solutions is driving growth in the elevators and escalators market, as these systems are essential for meeting the needs of both disabled individuals and geriatric consumers who rely on these mobility aids for accessibility. Hence, the acceptance of smart elevators installed with Internet of Things (IoT) , energy-efficient models, and automation control systems increases in terms of sustainability and convenience. Encouragement for ecofriendly buildings and energy-efficient systems is also creating a drive for elevators and escalators, as these are designed to meet sustainability standards, further boosting demand. Furthermore, infrastructure development is gaining pace in developed and developing countries, which in turn improves the installation and maintenance of vertical transportation systems.

US has a rapidly rising elevator and escalator market share underpinned by a healthy construction sector, predominantly at the commercial and residential levels. The growing focus on enhancing vertical transportation solutions to metropolitan cities accompanied by amplified concentration on public arena accessibility also underpins growth within the market. Technological aspects, such as energy-efficient designs and IoT applications, are completely transforming the game by ensuring added operational efficiency, sustainability, etc. For instance, in June 2023, Otis Worldwide Corp. launched the Gen3 Core(TM) Elevator for North America's growing two-to-six story building segment, offering IoT connectivity, sustainability, and enhanced passenger comfort for low-rise buildings. Moreover, modernization and maintenance services form another significant component of the vertical transportation market because elevators and escalators in buildings more than two decades old require upgrade to the minimum safety and regulatory standards. Awareness of ecofriendly building certifications and rising environmental issues is driving new construction projects that will require energy-efficient vertical transportation solutions. Furthermore, population growth and urbanization in U.S. cities continue to create a significant demand for advanced elevator and escalator systems to ensure efficient movement within high-rise structures.

ELEVATOR AND ESCALATOR MARKET TRENDS:

Rise in Construction Activities

The crucial role of infrastructure development in propelling the elevator and escalator market cannot be overstated. As cities continue to grow vertically, the essential need for efficient vertical transport systems becomes increasingly pronounced. The construction sector which includes real estate , infrastructures, and industrial buildings, accounts for 13 percent of world GDP, as per world bank. This is particularly evident in fast-developing economies where construction activities are at a peak, driven by both the government and private sectors. Infrastructure projects like airports, railway stations, shopping malls, and even educational institutions require state-of-the-art vertical and horizontal transportation systems to accommodate the heavy footfall and ensure the safety of people. Additionally, new residential complexes aim to provide the best in comfort and convenience, which includes high-speed, secure, and efficient elevators. These extensive construction projects not only reflect the growth of urban spaces but also signify the maturing expectations of the consumers, who now consider such transport systems to be not mere luxuries but essential facets of modern living.

Increasing Emphasis on Energy-Efficiency and Sustainability

The boosting emphasis on creating energy-efficient and sustainable elevators and escalators is increasingly becoming a major driving force in market growth. According to industrial reports, the energy use in elevators usually counts for 2-10% of a building's total energy consumption, which means that there is a great potential of saving the energy through innovative technology. Companies are now incorporating smart technologies like regenerative drives that return energy back into the building grid, LED lighting that consumes less electricity, and standby modes that significantly reduce power usage when the systems are not in operation. These innovations not only offer cost-effective solutions by decreasing operational expenses but also appeal to a consumer base that is progressively environmentally conscious. The transition toward green technology aligns with international sustainability targets, thus giving an added incentive for both manufacturers and consumers to move in this direction. As a result, the focus on sustainability is expected to remain a dominant factor steering the market's trajectory.

The Growing Geriatric Population Requiring Higher Accessibility

The global demographic is experiencing a shift with the steady increase in the geriatric population. According to UN data, the aging population of 65 years or older across the globe is forecasted to more than double, rising from 761 million in 2021 to 1.6 billion in 2050. The growth rate for people aged 80 years or older is even more rapid, accentuating the demand for better accessibility. In this context, the role of elevators and escalators in promoting accessibility in public and private spaces becomes even more pivotal. An older population presents unique challenges, such as reduced mobility and a greater need for safety features. This has led to a specific market demand for elevators and escalators equipped with features like user-friendly interfaces, emergency call buttons, and lower speeds for easy boarding and disembarking. Many countries with a significant aged population have already started implementing these as standard features. This focus on inclusivity is crucial not just from a social perspective but also offers a viable market opportunity for companies to innovate and customize their product offerings. The geriatric population, therefore, not only adds to the immediate demand for accessible systems but also is a significant factor driving technological innovation in this sector. Innovations in Elevators and Escalators Innovations in elevators and escalators are greatly driving market expansion by improving safety, accessibility, and energy efficiency. Intelligent functionalities like touch-free controls, AI-driven predictive maintenance, and real-time monitoring enhance operational reliability and decrease downtime. These advancements enhance energy use by integrating regenerative drives and sophisticated sensors, reducing both environmental effects and operational expenses. Additionally, new accessibility innovations, such as voice-controlled operations, automatic entrance systems, and improved cabin layouts, are facilitating navigation for people with mobility challenges, particularly among the elderly. Enhanced safety features, including sophisticated emergency communication systems and slip-resistant escalator steps, provide additional assurance for a safe experience. The integration of these technological innovations is rendering contemporary elevator and escalator solutions more accessible, energy-saving, and sustainable, catering to various demographics and promoting market growth. For instance, in 2024, Otis introduced its Gen3(TM) connected elevator platform during the recent 'Platform for Possibility' launch event held in Bangkok.

ELEVATOR AND ESCALATOR INDUSTRY SEGMENTATION:

Analysis by Type:

  • Elevators
  • Escalators
  • Moving Walkways

Elevator leads the market with around 87.8% of market share in 2025. Elevators dominate as a major segment, primarily due to continual technological advancements in speed, capacity, and energy efficiency. The introduction of features such as touchless controls and air purification systems in the wake of health crises has also positively impacted demand. Elevators are increasingly being seen as a value addition to commercial and high-end residential spaces, making them indispensable. On the other hand, escalators and moving walkways, form minor but relevant segments of the market that are also expanding. These are primarily used in public spaces like airports, shopping malls, and transit systems. With a focus on reducing the human effort required for mobility, especially over short distances, these systems play a supporting role to elevators. Their importance becomes particularly significant during peak hours, yet the demand is comparatively less than that for elevators.

Analysis by Service:

  • New Installation
  • Maintenance and Repair
  • Modernization

New installation represent as a major segment that is influenced by the expanding urban centers, a surge in skyscraper constructions, and an increased emphasis on making public spaces more accessible. Advances in technology, like gearless and machine-room-less elevators, have made installations more appealing and efficient. Increasing investments in public infrastructure and growing demands for energy-efficient solutions add to the factors driving new installations. Stringent safety regulations are also prompting the replacement of older systems with new installations. On the other hand, maintenance, and repair, combined with modernization, are minor segments, that are still growing. While new installations are essential, the maintenance and modernization of existing systems are mandated by safety regulations. The increasing age of existing installations necessitates upgrades for improved functionality and compliance with modern safety standards. However, the growth here is not as robust as in the new installations and commercial sectors.

Analysis by End Use:

  • Residential
  • Commercial
    • Offices
    • Hospitality
    • Mixed Block
    • Others

The commercial segment is a major driving force owing to rapid infrastructure development, particularly in office buildings, shopping malls, and airports. The integration of smart technologies, such as Internet of Things (IoT) and Artificial Intelligence (AI), has further propelled demand, optimizing energy usage and providing enhanced user experiences. Regulatory standards that require buildings to be more accessible are also contributing factors. The rise in the number of high-rise buildings requiring fast and efficient elevators and escalators to manage people flow efficiently completes the quartet of key drivers in this segment. On the other hand, the residential segment experiences minor growth driven primarily by urbanization and increased multi-story residential projects. The convenience factor of having elevators in residential settings has also contributed to modest increases. The need for elderly and physically challenged individuals to access different floors easily has facilitated this segment's growth.

Regional Analysis:

  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

In 2025, Asia Pacific accounted for the largest market share of over 63.6%. The Asia Pacific region has multiple driving factors supporting the growth of the elevator and escalator market. Urbanization is rampant, particularly in countries like China and India, where the expansion of cities necessitates multi-level buildings for both residential and commercial use. The Asia Pacific also leads in technological innovation, often being the first market to adopt new systems. Government initiatives and public-private partnerships in infrastructure development have further fueled growth. The presence of several manufacturing powerhouse countries, such as China and Japan, significantly contributes to both the domestic and global supply chain. Safety regulations are increasingly strict, fostering a healthy market environment. Moreover, the increased standard of living and growing middle-class population in the region have created a demand for more advanced and comfortable elevator and escalator systems. Furthermore, with sustainability being a global concern, the region is seeing a rise in demand for energy-efficient solutions, thereby further driving the market.

KEY REGIONAL TAKEAWAYS:

NORTH AMERICA ELEVATOR AND ESCALATOR MARKET ANALYSIS

The North American elevator and escalator market is showing steady growth because of urbanization, infrastructure development, and technology. Demand for elevators and escalators in residential, commercial, and industrial sectors is on the rise as construction activities increase and there is a need for mobility solutions in high-rise buildings. Growing focus on improving building accessibility, coupled with aging infrastructure in certain regions, is further driving market expansion. In addition, smart technologies like IoT, energy-efficient systems, and automated control solutions transform the market. In fact, the U.S. and Canada are the leading markets for elevator and escalator, and the bulk investment is found there in terms of infrastructure project and modernization. Additionally, their sustenance and green building certifications enhance eco-friendly elevator and escalator solutions. The market is also experiencing consolidation, with significant players investing in maintenance and modernization services for the growing long-term operational efficiency demand.

UNITED STATES ELEVATOR AND ESCALATOR MARKET ANALYSIS

The United States elevators and escalators market is highly driven by the increasing focus on workplace safety and the growing need to reduce fatalities and injuries in high-rise buildings and large infrastructure projects. According to the U.S. Bureau of Labor Statistics, 5,283 fatal work injuries were reported in 2023, representing a 3.7% decline from 5,486 in 2022. This is proof that the efforts to better improve safety standards are being observed and enhanced, especially in construction, manufacturing, and high-traffic public areas. With the increase in demand for safety features, elevators and escalators play a significant role in reducing workplace injuries in tall buildings and multi-story complexes. Increased concerns towards safer, more efficient workspaces are, therefore, increasing the establishment of modern vertical transport systems, thus enhancing the elevators and escalators market size. This factor will continue since the increase in infrastructure work will be a result of safety and efficient operational requirements.

EUROPE ELEVATOR AND ESCALATOR MARKET ANALYSIS

The Europe elevators and escalators market is experiencing significant growth, driven by various of factors. Over 75% of Europe's population now lives in urban areas, a trend that is expected to continue as urbanization accelerates. As cities grow, the demand for high-rise buildings increases, fueling the need for efficient vertical transportation systems. Eurostat shows the European construction sector to be on an expansion trend since many enterprises expanded by 4.4%, from 698,034 in 2010 to 728,420 in 2020. There was notable expansion by real estate activities, 47.3% increase and architectural and engineering activities increased by 7.2%. These developments, along with increasing construction and renovation of residential, commercial, and transportation infrastructures, are driving demand for elevators and escalators. Moreover, concern over sustainable and energy-efficient buildings is making the adoption of modern vertical transport solutions encouraging and further the market's growth.

ASIA PACIFIC ELEVATOR AND ESCALATOR MARKET ANALYSIS

The Asia Pacific elevators and escalators market is experiencing strong growth, which is being primarily driven by sizeable government initiatives in the region to enhance infrastructure. As per IBEF, the government has focused on building future-ready infrastructure through initiatives like the USD 1.3 Trillion national master plan for infrastructure, Gati Shakti. This initiative looks to facilitate systemic and effective reforms, which should result in the improvement of transportation, logistics, and urban infrastructures overall. This has led Asia Pacific countries to invest heavily in the construction of high-rise buildings, commercial complexes, transportation hubs, and residential developments that require advanced vertical transportation systems. Rapid urbanization and population growth in major cities fuel the demand for efficient elevators and escalators. The Asia Pacific market for elevators and escalators is going to witness strong growth because of these continued infrastructure development programs and rising interest in upgrading urbanized space.

LATIN AMERICA ELEVATOR AND ESCALATOR MARKET ANALYSIS

The Latin America elevators and escalators market is growing at a very high rate, propelled by rapid urbanization and increased investments in infrastructure. More than 80 percent of the Latin American population currently lives in urban centers, and this is expected to increase to 90 percent by 2050, making it the most urbanized region in the world, according to industry reports. This urban growth leads to an increase in the construction of high-rise buildings, thus requiring efficient vertical transportation systems. In Mexico, the construction industry is projected to expand in 2023 and 2024, with major public infrastructure investments and an expanding industrial sector driving the growth, ITA said. Further growth in commercial and residential developments along with key countries in Latin America, Brazil and Argentina will increase demand for elevators and escalators as they are needed to comply with energy efficient and safe systems. Investment in public and private sector of urban infrastructure will contribute to increase in demand for elevator and escalators in the Latin America region.

MIDDLE EAST AND AFRICA ELEVATOR AND ESCALATOR MARKET ANALYSIS

The Middle East and Africa elevators and escalators market is of high development level. There are many large infrastructure projects in the region, and so this would drive the market to a great extent. Of these, one example is given by the Abu Dhabi Projects and Infrastructure Centre, which has already approved 144 projects having a total budget of AED 66 Billion (USD 17.8 Billion). These projects cut across various sectors such as housing, education, tourism, and natural resources, which would require advanced vertical transportation systems to cater to the rising urban population and high-rise developments. The focus of the UAE on enhancing the quality of life and boosting human capital through infrastructure investments further boosts demand for elevators and escalators. Besides this, growing tourism and residential construction sectors in the region require effective, energy-efficient, and modern transportation systems. Increased urbanization and rising construction activities in the UAE, Saudi Arabia, and Egypt would further support the Middle East and Africa elevators and escalators market growth in the near future.

COMPETITIVE LANDSCAPE:

The key market players are continuously focusing on innovations to improve energy efficiency and safety measures. They are integrating smart technologies, such as IoT and artificial intelligence, to make elevators and escalators more adaptive and responsive to user needs. R&D initiatives are actively aimed at incorporating eco-friendly materials and energy-saving features. The major companies are entering strategic collaborations with real estate developers, thus securing long-term contracts for installation and maintenance services. These enterprises are also establishing manufacturing facilities in emerging economies to capitalize on the growing infrastructure needs in those regions. Additionally, companies are developing enhanced digital marketing strategies, including virtual demonstrations and online customer engagement platforms are being employed to gain a wider customer base. To remain competitive, they are also focusing on modular designs that allow easier upgrades in the future.

The report provides a comprehensive analysis of the competitive landscape in the elevator and escalator market with detailed profiles of all major companies, including:

  • Canny Elevator Co. Ltd.
  • Electra Elevators
  • Fujitec Co. Ltd.
  • Gulf Elevators & Escalators Co. Ltd.
  • Hitachi Ltd.
  • Hyundai Elevator Co. Ltd.
  • Johnson Lifts Private Limited
  • Kleemann Group
  • KONE Corporation
  • Mitsubishi Electric Corporation
  • Otis Elevator Company (I). Ltd (Otis Worldwide Corporation)
  • Schindler Holding Ltd.
  • Sigma Elevator Company
  • Toshiba Elevator and Building Systems Corporation (Toshiba Corporation)

KEY QUESTIONS ANSWERED IN THIS REPORT

1. What is elevator and escalator?

2. How big is the elevator and escalator market?

3. What is the expected growth rate of the global elevator and escalator market during 2026-2034?

4. What are the key factors driving the global elevator and escalator market?

5. What is the leading segment of the global elevator and escalator market based on type?

6. What is the leading segment of the global elevator and escalator market based on service?

7. What is the leading segment of the global elevator and escalator market based on end use?

8. What are the key regions in the global elevator and escalator market?

9. Who are the key players/companies in the global elevator and escalator market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Elevator and Escalator Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Elevators
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Escalators
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Moving Walkways
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Service

  • 7.1 New Installation
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Maintenance and Repair
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Modernization
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by End Use

  • 8.1 Residential
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Commercial
    • 8.2.1 Market Trends
    • 8.2.2 Key Segments
      • 8.2.2.1 Offices
      • 8.2.2.2 Hospitality
      • 8.2.2.3 Mixed Block
      • 8.2.2.4 Others
    • 8.2.3 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Canny Elevator Co. Ltd.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
    • 14.3.2 Electra Elevators
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
    • 14.3.3 Fujitec Co. Ltd.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
    • 14.3.4 Gulf Elevators & Escalators Co. Ltd.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Hitachi Ltd.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Hyundai Elevator Co. Ltd.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
    • 14.3.7 Johnson Lifts Private Limited
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Kleemann Group
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 KONE Corporation
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
    • 14.3.10 Mitsubishi Electric Corporation
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Otis Elevator Company (I). Ltd (Otis Worldwide Corporation)
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
    • 14.3.12 Schindler Holding Ltd.
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis
    • 14.3.13 Sigma Elevator Company
      • 14.3.13.1 Company Overview
      • 14.3.13.2 Product Portfolio
    • 14.3.14 Toshiba Elevator and Building Systems Corporation (Toshiba Corporation)
      • 14.3.14.1 Company Overview
      • 14.3.14.2 Product Portfolio

List of Figures

  • Figure 1: Global: Elevator and Escalator Market: Major Drivers and Challenges
  • Figure 2: Global: Elevator and Escalator Market: Sales Value (in Billion USD), 2020-2025
  • Figure 3: Global: Elevator and Escalator Market Forecast: Sales Value (in Billion USD), 2026-2034
  • Figure 4: Global: Elevator and Escalator Market: Breakup by Type (in %), 2025
  • Figure 5: Global: Elevator and Escalator Market: Breakup by Service (in %), 2025
  • Figure 6: Global: Elevator and Escalator Market: Breakup by End Use (in %), 2025
  • Figure 7: Global: Elevator and Escalator Market: Breakup by Region (in %), 2025
  • Figure 8: Global: Elevator and Escalator (Elevators) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 9: Global: Elevator and Escalator (Elevators) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 10: Global: Elevator and Escalator (Escalators) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 11: Global: Elevator and Escalator (Escalators) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 12: Global: Elevator and Escalator (Moving Walkways) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 13: Global: Elevator and Escalator (Moving Walkways) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 14: Global: Elevator and Escalator (New Installation) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 15: Global: Elevator and Escalator (New Installation) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 16: Global: Elevator and Escalator (Maintenance and Repair) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 17: Global: Elevator and Escalator (Maintenance and Repair) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 18: Global: Elevator and Escalator (Modernization) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 19: Global: Elevator and Escalator (Modernization) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 20: Global: Elevator and Escalator (Residential) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 21: Global: Elevator and Escalator (Residential) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 22: Global: Elevator and Escalator (Commercial) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 23: Global: Elevator and Escalator (Commercial) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 24: North America: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 25: North America: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 26: United States: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 27: United States: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 28: Canada: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 29: Canada: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 30: Asia-Pacific: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 31: Asia-Pacific: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 32: China: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 33: China: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 34: Japan: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 35: Japan: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 36: India: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 37: India: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 38: South Korea: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 39: South Korea: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 40: Australia: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 41: Australia: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 42: Indonesia: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 43: Indonesia: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 44: Others: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 45: Others: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 46: Europe: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 47: Europe: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 48: Germany: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 49: Germany: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 50: France: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 51: France: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 52: United Kingdom: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 53: United Kingdom: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 54: Italy: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 55: Italy: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 56: Spain: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 57: Spain: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 58: Russia: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 59: Russia: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 60: Others: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 61: Others: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 62: Latin America: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 63: Latin America: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 64: Brazil: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 65: Brazil: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 66: Mexico: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 67: Mexico: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 68: Others: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 69: Others: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 70: Middle East and Africa: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 71: Middle East and Africa: Elevator and Escalator Market: Breakup by Country (in %), 2025
  • Figure 72: Middle East and Africa: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 73: Global: Elevator and Escalator Industry: SWOT Analysis
  • Figure 74: Global: Elevator and Escalator Industry: Value Chain Analysis
  • Figure 75: Global: Elevator and Escalator Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Elevator and Escalator Market: Key Industry Highlights, 2025 & 2034
  • Table 2: Global: Elevator and Escalator Market Forecast: Breakup by Type (in Million USD), 2026-2034
  • Table 3: Global: Elevator and Escalator Market Forecast: Breakup by Service (in Million USD), 2026-2034
  • Table 4: Global: Elevator and Escalator Market Forecast: Breakup by End Use (in Million USD), 2026-2034
  • Table 5: Global: Elevator and Escalator Market Forecast: Breakup by Region (in Million USD), 2026-2034
  • Table 6: Global: Elevator and Escalator Market: Competitive Structure
  • Table 7: Global: Elevator and Escalator Market: Key Players