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Global Elevator and Escalator Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

An Elevator, also called Lift in British English, is a type of transport equipment that efficiently carries passengers or freight between the levels of multistory building. Most modern elevators are propelled by electric motors, with the aid of a counterweight, through a system of cables and sheaves (pulleys). By opening the way to higher buildings, the elevator played a decisive role in creating the characteristic urban geography of many modern cities, especially in the United States, and promises to fill an indispensable role in future city development. 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 USD 36140 million in 2022 and is forecast to a readjusted size of USD 44920 million by 2029 with a CAGR of 3.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Global Elevator and Escalator key players include Otis, Schindler, ThyssenKrupp, Kone, Mitsubishi Electric, etc. Global top five manufacturers hold a share over 50%. China is the largest market, with a share about 70%, followed by Europe, and North America, both have a share over 20 percent. In terms of product, Elevator is the largest segment, with a share over 80%. And in terms of application, the largest application is Residential Area, followed by Commercial Office, Transportation Hub, Industrial Area, etc. 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 2023, are provided. Key Features: Global Elevator and Escalator market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2018-2029 Global Elevator and Escalator market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2018-2029 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 (K USD/Unit), 2018-2029 Global Elevator and Escalator market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (K USD/Unit), 2018-2023 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, production, value, 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 and Mitsubishi Electric, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Elevator and Escalator market is split by Type and by Application. For the period 2018-2029, 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 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, revenue and global market share of Elevator and Escalator from 2018 to 2023. 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 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. 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 2022.and Elevator and Escalator market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. 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.
1 Market Overview 1.1 Product Overview and Scope of Elevator and Escalator 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Elevator and Escalator Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Elevator 1.3.3 Escalator 1.3.4 Moving Walkway 1.4 Market Analysis by Application 1.4.1 Ov
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About this Report
Report ID 305431
Category
  • Equipment
Published on 02-Jan
Number of Pages 127
Publisher Name Global Info Research
Editor Rating
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