Global Elevators & Escalators Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Elevators & Escalators Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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Published Date: 02 Jan 2024

Category: Machinery & Equipment

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  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
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Description

According to our (Global Info Research) latest study, the global Elevators & Escalators market size was valued at USD 36140 million in 2023 and is forecast to a readjusted size of USD 45510 million by 2030 with a CAGR of 3.3% during review period.

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.

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.

The Global Info Research report includes an overview of the development of the Elevators & Escalators industry chain, the market status of Residential Sector (Elevators, Escalators), Institutional Sector (Elevators, Escalators), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Elevators & Escalators.

Regionally, the report analyzes the Elevators & Escalators 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 Elevators & Escalators market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Elevators & Escalators 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 Elevators & Escalators 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 revenue generated, and market share of different by Type (e.g., Elevators, Escalators).

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 Elevators & Escalators market.

Regional Analysis: The report involves examining the Elevators & Escalators 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 Elevators & Escalators market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Elevators & Escalators:
Company Analysis: Report covers individual Elevators & Escalators players, 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 Elevators & Escalators This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential Sector, Institutional Sector).

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

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Elevators & Escalators 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
Elevators & Escalators 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 value.

Market segment by Type
Elevators
Escalators
Moving Walkways

Market segment by Application
Residential Sector
Institutional Sector
Commercial Sector
Infrastructural Sector

Market segment by players, this report covers
Kone
Thyssenkrupp
United Technologies
Schindler
Hitachi
Hyundai Elevator
Toshiba
Mitsubishi Electric
Fujitec
Electra

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Elevators & Escalators product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Elevators & Escalators, with revenue, gross margin and global market share of Elevators & Escalators from 2019 to 2024.
Chapter 3, the Elevators & Escalators competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Elevators & Escalators market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Elevators & Escalators.
Chapter 13, to describe Elevators & Escalators research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Elevators & Escalators
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Elevators & Escalators by Type
1.3.1 Overview: Global Elevators & Escalators Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Elevators & Escalators Consumption Value Market Share by Type in 2023
1.3.3 Elevators
1.3.4 Escalators
1.3.5 Moving Walkways
1.4 Global Elevators & Escalators Market by Application
1.4.1 Overview: Global Elevators & Escalators Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Residential Sector
1.4.3 Institutional Sector
1.4.4 Commercial Sector
1.4.5 Infrastructural Sector
1.5 Global Elevators & Escalators Market Size & Forecast
1.6 Global Elevators & Escalators Market Size and Forecast by Region
1.6.1 Global Elevators & Escalators Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Elevators & Escalators Market Size by Region, (2019-2030)
1.6.3 North America Elevators & Escalators Market Size and Prospect (2019-2030)
1.6.4 Europe Elevators & Escalators Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Elevators & Escalators Market Size and Prospect (2019-2030)
1.6.6 South America Elevators & Escalators Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Elevators & Escalators Market Size and Prospect (2019-2030)

2 Company Profiles
2.1 Kone
2.1.1 Kone Details
2.1.2 Kone Major Business
2.1.3 Kone Elevators & Escalators Product and Solutions
2.1.4 Kone Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Kone Recent Developments and Future Plans
2.2 Thyssenkrupp
2.2.1 Thyssenkrupp Details
2.2.2 Thyssenkrupp Major Business
2.2.3 Thyssenkrupp Elevators & Escalators Product and Solutions
2.2.4 Thyssenkrupp Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Thyssenkrupp Recent Developments and Future Plans
2.3 United Technologies
2.3.1 United Technologies Details
2.3.2 United Technologies Major Business
2.3.3 United Technologies Elevators & Escalators Product and Solutions
2.3.4 United Technologies Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 United Technologies Recent Developments and Future Plans
2.4 Schindler
2.4.1 Schindler Details
2.4.2 Schindler Major Business
2.4.3 Schindler Elevators & Escalators Product and Solutions
2.4.4 Schindler Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Schindler Recent Developments and Future Plans
2.5 Hitachi
2.5.1 Hitachi Details
2.5.2 Hitachi Major Business
2.5.3 Hitachi Elevators & Escalators Product and Solutions
2.5.4 Hitachi Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Hitachi Recent Developments and Future Plans
2.6 Hyundai Elevator
2.6.1 Hyundai Elevator Details
2.6.2 Hyundai Elevator Major Business
2.6.3 Hyundai Elevator Elevators & Escalators Product and Solutions
2.6.4 Hyundai Elevator Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Hyundai Elevator Recent Developments and Future Plans
2.7 Toshiba
2.7.1 Toshiba Details
2.7.2 Toshiba Major Business
2.7.3 Toshiba Elevators & Escalators Product and Solutions
2.7.4 Toshiba Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Toshiba Recent Developments and Future Plans
2.8 Mitsubishi Electric
2.8.1 Mitsubishi Electric Details
2.8.2 Mitsubishi Electric Major Business
2.8.3 Mitsubishi Electric Elevators & Escalators Product and Solutions
2.8.4 Mitsubishi Electric Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Mitsubishi Electric Recent Developments and Future Plans
2.9 Fujitec
2.9.1 Fujitec Details
2.9.2 Fujitec Major Business
2.9.3 Fujitec Elevators & Escalators Product and Solutions
2.9.4 Fujitec Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Fujitec Recent Developments and Future Plans
2.10 Electra
2.10.1 Electra Details
2.10.2 Electra Major Business
2.10.3 Electra Elevators & Escalators Product and Solutions
2.10.4 Electra Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Electra Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Elevators & Escalators Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Elevators & Escalators by Company Revenue
3.2.2 Top 3 Elevators & Escalators Players Market Share in 2023
3.2.3 Top 6 Elevators & Escalators Players Market Share in 2023
3.3 Elevators & Escalators Market: Overall Company Footprint Analysis
3.3.1 Elevators & Escalators Market: Region Footprint
3.3.2 Elevators & Escalators Market: Company Product Type Footprint
3.3.3 Elevators & Escalators Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Elevators & Escalators Consumption Value and Market Share by Type (2019-2024)
4.2 Global Elevators & Escalators Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
5.1 Global Elevators & Escalators Consumption Value Market Share by Application (2019-2024)
5.2 Global Elevators & Escalators Market Forecast by Application (2025-2030)

6 North America
6.1 North America Elevators & Escalators Consumption Value by Type (2019-2030)
6.2 North America Elevators & Escalators Consumption Value by Application (2019-2030)
6.3 North America Elevators & Escalators Market Size by Country
6.3.1 North America Elevators & Escalators Consumption Value by Country (2019-2030)
6.3.2 United States Elevators & Escalators Market Size and Forecast (2019-2030)
6.3.3 Canada Elevators & Escalators Market Size and Forecast (2019-2030)
6.3.4 Mexico Elevators & Escalators Market Size and Forecast (2019-2030)

7 Europe
7.1 Europe Elevators & Escalators Consumption Value by Type (2019-2030)
7.2 Europe Elevators & Escalators Consumption Value by Application (2019-2030)
7.3 Europe Elevators & Escalators Market Size by Country
7.3.1 Europe Elevators & Escalators Consumption Value by Country (2019-2030)
7.3.2 Germany Elevators & Escalators Market Size and Forecast (2019-2030)
7.3.3 France Elevators & Escalators Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Elevators & Escalators Market Size and Forecast (2019-2030)
7.3.5 Russia Elevators & Escalators Market Size and Forecast (2019-2030)
7.3.6 Italy Elevators & Escalators Market Size and Forecast (2019-2030)

8 Asia-Pacific
8.1 Asia-Pacific Elevators & Escalators Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Elevators & Escalators Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Elevators & Escalators Market Size by Region
8.3.1 Asia-Pacific Elevators & Escalators Consumption Value by Region (2019-2030)
8.3.2 China Elevators & Escalators Market Size and Forecast (2019-2030)
8.3.3 Japan Elevators & Escalators Market Size and Forecast (2019-2030)
8.3.4 South Korea Elevators & Escalators Market Size and Forecast (2019-2030)
8.3.5 India Elevators & Escalators Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Elevators & Escalators Market Size and Forecast (2019-2030)
8.3.7 Australia Elevators & Escalators Market Size and Forecast (2019-2030)

9 South America
9.1 South America Elevators & Escalators Consumption Value by Type (2019-2030)
9.2 South America Elevators & Escalators Consumption Value by Application (2019-2030)
9.3 South America Elevators & Escalators Market Size by Country
9.3.1 South America Elevators & Escalators Consumption Value by Country (2019-2030)
9.3.2 Brazil Elevators & Escalators Market Size and Forecast (2019-2030)
9.3.3 Argentina Elevators & Escalators Market Size and Forecast (2019-2030)

10 Middle East & Africa
10.1 Middle East & Africa Elevators & Escalators Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Elevators & Escalators Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Elevators & Escalators Market Size by Country
10.3.1 Middle East & Africa Elevators & Escalators Consumption Value by Country (2019-2030)
10.3.2 Turkey Elevators & Escalators Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Elevators & Escalators Market Size and Forecast (2019-2030)
10.3.4 UAE Elevators & Escalators Market Size and Forecast (2019-2030)

11 Market Dynamics
11.1 Elevators & Escalators Market Drivers
11.2 Elevators & Escalators Market Restraints
11.3 Elevators & Escalators Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 Elevators & Escalators Industry Chain
12.2 Elevators & Escalators Upstream Analysis
12.3 Elevators & Escalators Midstream Analysis
12.4 Elevators & Escalators Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Elevators & Escalators Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global Elevators & Escalators Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global Elevators & Escalators Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global Elevators & Escalators Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Kone Company Information, Head Office, and Major Competitors
Table 6. Kone Major Business
Table 7. Kone Elevators & Escalators Product and Solutions
Table 8. Kone Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Kone Recent Developments and Future Plans
Table 10. Thyssenkrupp Company Information, Head Office, and Major Competitors
Table 11. Thyssenkrupp Major Business
Table 12. Thyssenkrupp Elevators & Escalators Product and Solutions
Table 13. Thyssenkrupp Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. Thyssenkrupp Recent Developments and Future Plans
Table 15. United Technologies Company Information, Head Office, and Major Competitors
Table 16. United Technologies Major Business
Table 17. United Technologies Elevators & Escalators Product and Solutions
Table 18. United Technologies Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. United Technologies Recent Developments and Future Plans
Table 20. Schindler Company Information, Head Office, and Major Competitors
Table 21. Schindler Major Business
Table 22. Schindler Elevators & Escalators Product and Solutions
Table 23. Schindler Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 24. Schindler Recent Developments and Future Plans
Table 25. Hitachi Company Information, Head Office, and Major Competitors
Table 26. Hitachi Major Business
Table 27. Hitachi Elevators & Escalators Product and Solutions
Table 28. Hitachi Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 29. Hitachi Recent Developments and Future Plans
Table 30. Hyundai Elevator Company Information, Head Office, and Major Competitors
Table 31. Hyundai Elevator Major Business
Table 32. Hyundai Elevator Elevators & Escalators Product and Solutions
Table 33. Hyundai Elevator Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 34. Hyundai Elevator Recent Developments and Future Plans
Table 35. Toshiba Company Information, Head Office, and Major Competitors
Table 36. Toshiba Major Business
Table 37. Toshiba Elevators & Escalators Product and Solutions
Table 38. Toshiba Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 39. Toshiba Recent Developments and Future Plans
Table 40. Mitsubishi Electric Company Information, Head Office, and Major Competitors
Table 41. Mitsubishi Electric Major Business
Table 42. Mitsubishi Electric Elevators & Escalators Product and Solutions
Table 43. Mitsubishi Electric Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 44. Mitsubishi Electric Recent Developments and Future Plans
Table 45. Fujitec Company Information, Head Office, and Major Competitors
Table 46. Fujitec Major Business
Table 47. Fujitec Elevators & Escalators Product and Solutions
Table 48. Fujitec Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 49. Fujitec Recent Developments and Future Plans
Table 50. Electra Company Information, Head Office, and Major Competitors
Table 51. Electra Major Business
Table 52. Electra Elevators & Escalators Product and Solutions
Table 53. Electra Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 54. Electra Recent Developments and Future Plans
Table 55. Global Elevators & Escalators Revenue (USD Million) by Players (2019-2024)
Table 56. Global Elevators & Escalators Revenue Share by Players (2019-2024)
Table 57. Breakdown of Elevators & Escalators by Company Type (Tier 1, Tier 2, and Tier 3)
Table 58. Market Position of Players in Elevators & Escalators, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 59. Head Office of Key Elevators & Escalators Players
Table 60. Elevators & Escalators Market: Company Product Type Footprint
Table 61. Elevators & Escalators Market: Company Product Application Footprint
Table 62. Elevators & Escalators New Market Entrants and Barriers to Market Entry
Table 63. Elevators & Escalators Mergers, Acquisition, Agreements, and Collaborations
Table 64. Global Elevators & Escalators Consumption Value (USD Million) by Type (2019-2024)
Table 65. Global Elevators & Escalators Consumption Value Share by Type (2019-2024)
Table 66. Global Elevators & Escalators Consumption Value Forecast by Type (2025-2030)
Table 67. Global Elevators & Escalators Consumption Value by Application (2019-2024)
Table 68. Global Elevators & Escalators Consumption Value Forecast by Application (2025-2030)
Table 69. North America Elevators & Escalators Consumption Value by Type (2019-2024) & (USD Million)
Table 70. North America Elevators & Escalators Consumption Value by Type (2025-2030) & (USD Million)
Table 71. North America Elevators & Escalators Consumption Value by Application (2019-2024) & (USD Million)
Table 72. North America Elevators & Escalators Consumption Value by Application (2025-2030) & (USD Million)
Table 73. North America Elevators & Escalators Consumption Value by Country (2019-2024) & (USD Million)
Table 74. North America Elevators & Escalators Consumption Value by Country (2025-2030) & (USD Million)
Table 75. Europe Elevators & Escalators Consumption Value by Type (2019-2024) & (USD Million)
Table 76. Europe Elevators & Escalators Consumption Value by Type (2025-2030) & (USD Million)
Table 77. Europe Elevators & Escalators Consumption Value by Application (2019-2024) & (USD Million)
Table 78. Europe Elevators & Escalators Consumption Value by Application (2025-2030) & (USD Million)
Table 79. Europe Elevators & Escalators Consumption Value by Country (2019-2024) & (USD Million)
Table 80. Europe Elevators & Escalators Consumption Value by Country (2025-2030) & (USD Million)
Table 81. Asia-Pacific Elevators & Escalators Consumption Value by Type (2019-2024) & (USD Million)
Table 82. Asia-Pacific Elevators & Escalators Consumption Value by Type (2025-2030) & (USD Million)
Table 83. Asia-Pacific Elevators & Escalators Consumption Value by Application (2019-2024) & (USD Million)
Table 84. Asia-Pacific Elevators & Escalators Consumption Value by Application (2025-2030) & (USD Million)
Table 85. Asia-Pacific Elevators & Escalators Consumption Value by Region (2019-2024) & (USD Million)
Table 86. Asia-Pacific Elevators & Escalators Consumption Value by Region (2025-2030) & (USD Million)
Table 87. South America Elevators & Escalators Consumption Value by Type (2019-2024) & (USD Million)
Table 88. South America Elevators & Escalators Consumption Value by Type (2025-2030) & (USD Million)
Table 89. South America Elevators & Escalators Consumption Value by Application (2019-2024) & (USD Million)
Table 90. South America Elevators & Escalators Consumption Value by Application (2025-2030) & (USD Million)
Table 91. South America Elevators & Escalators Consumption Value by Country (2019-2024) & (USD Million)
Table 92. South America Elevators & Escalators Consumption Value by Country (2025-2030) & (USD Million)
Table 93. Middle East & Africa Elevators & Escalators Consumption Value by Type (2019-2024) & (USD Million)
Table 94. Middle East & Africa Elevators & Escalators Consumption Value by Type (2025-2030) & (USD Million)
Table 95. Middle East & Africa Elevators & Escalators Consumption Value by Application (2019-2024) & (USD Million)
Table 96. Middle East & Africa Elevators & Escalators Consumption Value by Application (2025-2030) & (USD Million)
Table 97. Middle East & Africa Elevators & Escalators Consumption Value by Country (2019-2024) & (USD Million)
Table 98. Middle East & Africa Elevators & Escalators Consumption Value by Country (2025-2030) & (USD Million)
Table 99. Elevators & Escalators Raw Material
Table 100. Key Suppliers of Elevators & Escalators Raw Materials
List of Figures
Figure 1. Elevators & Escalators Picture
Figure 2. Global Elevators & Escalators Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global Elevators & Escalators Consumption Value Market Share by Type in 2023
Figure 4. Elevators
Figure 5. Escalators
Figure 6. Moving Walkways
Figure 7. Global Elevators & Escalators Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 8. Elevators & Escalators Consumption Value Market Share by Application in 2023
Figure 9. Residential Sector Picture
Figure 10. Institutional Sector Picture
Figure 11. Commercial Sector Picture
Figure 12. Infrastructural Sector Picture
Figure 13. Global Elevators & Escalators Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 14. Global Elevators & Escalators Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 15. Global Market Elevators & Escalators Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
Figure 16. Global Elevators & Escalators Consumption Value Market Share by Region (2019-2030)
Figure 17. Global Elevators & Escalators Consumption Value Market Share by Region in 2023
Figure 18. North America Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 20. Asia-Pacific Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 21. South America Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 22. Middle East and Africa Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 23. Global Elevators & Escalators Revenue Share by Players in 2023
Figure 24. Elevators & Escalators Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
Figure 25. Global Top 3 Players Elevators & Escalators Market Share in 2023
Figure 26. Global Top 6 Players Elevators & Escalators Market Share in 2023
Figure 27. Global Elevators & Escalators Consumption Value Share by Type (2019-2024)
Figure 28. Global Elevators & Escalators Market Share Forecast by Type (2025-2030)
Figure 29. Global Elevators & Escalators Consumption Value Share by Application (2019-2024)
Figure 30. Global Elevators & Escalators Market Share Forecast by Application (2025-2030)
Figure 31. North America Elevators & Escalators Consumption Value Market Share by Type (2019-2030)
Figure 32. North America Elevators & Escalators Consumption Value Market Share by Application (2019-2030)
Figure 33. North America Elevators & Escalators Consumption Value Market Share by Country (2019-2030)
Figure 34. United States Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 35. Canada Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 36. Mexico Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 37. Europe Elevators & Escalators Consumption Value Market Share by Type (2019-2030)
Figure 38. Europe Elevators & Escalators Consumption Value Market Share by Application (2019-2030)
Figure 39. Europe Elevators & Escalators Consumption Value Market Share by Country (2019-2030)
Figure 40. Germany Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 41. France Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 42. United Kingdom Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 43. Russia Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 44. Italy Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 45. Asia-Pacific Elevators & Escalators Consumption Value Market Share by Type (2019-2030)
Figure 46. Asia-Pacific Elevators & Escalators Consumption Value Market Share by Application (2019-2030)
Figure 47. Asia-Pacific Elevators & Escalators Consumption Value Market Share by Region (2019-2030)
Figure 48. China Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 49. Japan Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 50. South Korea Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 51. India Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 52. Southeast Asia Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 53. Australia Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 54. South America Elevators & Escalators Consumption Value Market Share by Type (2019-2030)
Figure 55. South America Elevators & Escalators Consumption Value Market Share by Application (2019-2030)
Figure 56. South America Elevators & Escalators Consumption Value Market Share by Country (2019-2030)
Figure 57. Brazil Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 58. Argentina Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 59. Middle East and Africa Elevators & Escalators Consumption Value Market Share by Type (2019-2030)
Figure 60. Middle East and Africa Elevators & Escalators Consumption Value Market Share by Application (2019-2030)
Figure 61. Middle East and Africa Elevators & Escalators Consumption Value Market Share by Country (2019-2030)
Figure 62. Turkey Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 63. Saudi Arabia Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 64. UAE Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 65. Elevators & Escalators Market Drivers
Figure 66. Elevators & Escalators Market Restraints
Figure 67. Elevators & Escalators Market Trends
Figure 68. Porters Five Forces Analysis
Figure 69. Manufacturing Cost Structure Analysis of Elevators & Escalators in 2023
Figure 70. Manufacturing Process Analysis of Elevators & Escalators
Figure 71. Elevators & Escalators Industrial Chain
Figure 72. Methodology
Figure 73. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Kone
Thyssenkrupp
United Technologies
Schindler
Hitachi
Hyundai Elevator
Toshiba
Mitsubishi Electric
Fujitec
Electra
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Global Elevators & Escalators Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Elevators & Escalators Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Page: 109

Published Date: 02 Jan 2024

Category: Machinery & Equipment

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Description

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Description

According to our (Global Info Research) latest study, the global Elevators & Escalators market size was valued at USD 36140 million in 2023 and is forecast to a readjusted size of USD 45510 million by 2030 with a CAGR of 3.3% during review period.

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.

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.

The Global Info Research report includes an overview of the development of the Elevators & Escalators industry chain, the market status of Residential Sector (Elevators, Escalators), Institutional Sector (Elevators, Escalators), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Elevators & Escalators.

Regionally, the report analyzes the Elevators & Escalators 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 Elevators & Escalators market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Elevators & Escalators 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 Elevators & Escalators 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 revenue generated, and market share of different by Type (e.g., Elevators, Escalators).

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 Elevators & Escalators market.

Regional Analysis: The report involves examining the Elevators & Escalators 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 Elevators & Escalators market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Elevators & Escalators:
Company Analysis: Report covers individual Elevators & Escalators players, 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 Elevators & Escalators This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential Sector, Institutional Sector).

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

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Elevators & Escalators 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
Elevators & Escalators 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 value.

Market segment by Type
Elevators
Escalators
Moving Walkways

Market segment by Application
Residential Sector
Institutional Sector
Commercial Sector
Infrastructural Sector

Market segment by players, this report covers
Kone
Thyssenkrupp
United Technologies
Schindler
Hitachi
Hyundai Elevator
Toshiba
Mitsubishi Electric
Fujitec
Electra

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Elevators & Escalators product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Elevators & Escalators, with revenue, gross margin and global market share of Elevators & Escalators from 2019 to 2024.
Chapter 3, the Elevators & Escalators competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Elevators & Escalators market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Elevators & Escalators.
Chapter 13, to describe Elevators & Escalators research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Elevators & Escalators
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Elevators & Escalators by Type
1.3.1 Overview: Global Elevators & Escalators Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Elevators & Escalators Consumption Value Market Share by Type in 2023
1.3.3 Elevators
1.3.4 Escalators
1.3.5 Moving Walkways
1.4 Global Elevators & Escalators Market by Application
1.4.1 Overview: Global Elevators & Escalators Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Residential Sector
1.4.3 Institutional Sector
1.4.4 Commercial Sector
1.4.5 Infrastructural Sector
1.5 Global Elevators & Escalators Market Size & Forecast
1.6 Global Elevators & Escalators Market Size and Forecast by Region
1.6.1 Global Elevators & Escalators Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Elevators & Escalators Market Size by Region, (2019-2030)
1.6.3 North America Elevators & Escalators Market Size and Prospect (2019-2030)
1.6.4 Europe Elevators & Escalators Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Elevators & Escalators Market Size and Prospect (2019-2030)
1.6.6 South America Elevators & Escalators Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Elevators & Escalators Market Size and Prospect (2019-2030)

2 Company Profiles
2.1 Kone
2.1.1 Kone Details
2.1.2 Kone Major Business
2.1.3 Kone Elevators & Escalators Product and Solutions
2.1.4 Kone Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Kone Recent Developments and Future Plans
2.2 Thyssenkrupp
2.2.1 Thyssenkrupp Details
2.2.2 Thyssenkrupp Major Business
2.2.3 Thyssenkrupp Elevators & Escalators Product and Solutions
2.2.4 Thyssenkrupp Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Thyssenkrupp Recent Developments and Future Plans
2.3 United Technologies
2.3.1 United Technologies Details
2.3.2 United Technologies Major Business
2.3.3 United Technologies Elevators & Escalators Product and Solutions
2.3.4 United Technologies Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 United Technologies Recent Developments and Future Plans
2.4 Schindler
2.4.1 Schindler Details
2.4.2 Schindler Major Business
2.4.3 Schindler Elevators & Escalators Product and Solutions
2.4.4 Schindler Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Schindler Recent Developments and Future Plans
2.5 Hitachi
2.5.1 Hitachi Details
2.5.2 Hitachi Major Business
2.5.3 Hitachi Elevators & Escalators Product and Solutions
2.5.4 Hitachi Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Hitachi Recent Developments and Future Plans
2.6 Hyundai Elevator
2.6.1 Hyundai Elevator Details
2.6.2 Hyundai Elevator Major Business
2.6.3 Hyundai Elevator Elevators & Escalators Product and Solutions
2.6.4 Hyundai Elevator Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Hyundai Elevator Recent Developments and Future Plans
2.7 Toshiba
2.7.1 Toshiba Details
2.7.2 Toshiba Major Business
2.7.3 Toshiba Elevators & Escalators Product and Solutions
2.7.4 Toshiba Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Toshiba Recent Developments and Future Plans
2.8 Mitsubishi Electric
2.8.1 Mitsubishi Electric Details
2.8.2 Mitsubishi Electric Major Business
2.8.3 Mitsubishi Electric Elevators & Escalators Product and Solutions
2.8.4 Mitsubishi Electric Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Mitsubishi Electric Recent Developments and Future Plans
2.9 Fujitec
2.9.1 Fujitec Details
2.9.2 Fujitec Major Business
2.9.3 Fujitec Elevators & Escalators Product and Solutions
2.9.4 Fujitec Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Fujitec Recent Developments and Future Plans
2.10 Electra
2.10.1 Electra Details
2.10.2 Electra Major Business
2.10.3 Electra Elevators & Escalators Product and Solutions
2.10.4 Electra Elevators & Escalators Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Electra Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Elevators & Escalators Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Elevators & Escalators by Company Revenue
3.2.2 Top 3 Elevators & Escalators Players Market Share in 2023
3.2.3 Top 6 Elevators & Escalators Players Market Share in 2023
3.3 Elevators & Escalators Market: Overall Company Footprint Analysis
3.3.1 Elevators & Escalators Market: Region Footprint
3.3.2 Elevators & Escalators Market: Company Product Type Footprint
3.3.3 Elevators & Escalators Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Elevators & Escalators Consumption Value and Market Share by Type (2019-2024)
4.2 Global Elevators & Escalators Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
5.1 Global Elevators & Escalators Consumption Value Market Share by Application (2019-2024)
5.2 Global Elevators & Escalators Market Forecast by Application (2025-2030)

6 North America
6.1 North America Elevators & Escalators Consumption Value by Type (2019-2030)
6.2 North America Elevators & Escalators Consumption Value by Application (2019-2030)
6.3 North America Elevators & Escalators Market Size by Country
6.3.1 North America Elevators & Escalators Consumption Value by Country (2019-2030)
6.3.2 United States Elevators & Escalators Market Size and Forecast (2019-2030)
6.3.3 Canada Elevators & Escalators Market Size and Forecast (2019-2030)
6.3.4 Mexico Elevators & Escalators Market Size and Forecast (2019-2030)

7 Europe
7.1 Europe Elevators & Escalators Consumption Value by Type (2019-2030)
7.2 Europe Elevators & Escalators Consumption Value by Application (2019-2030)
7.3 Europe Elevators & Escalators Market Size by Country
7.3.1 Europe Elevators & Escalators Consumption Value by Country (2019-2030)
7.3.2 Germany Elevators & Escalators Market Size and Forecast (2019-2030)
7.3.3 France Elevators & Escalators Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Elevators & Escalators Market Size and Forecast (2019-2030)
7.3.5 Russia Elevators & Escalators Market Size and Forecast (2019-2030)
7.3.6 Italy Elevators & Escalators Market Size and Forecast (2019-2030)

8 Asia-Pacific
8.1 Asia-Pacific Elevators & Escalators Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Elevators & Escalators Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Elevators & Escalators Market Size by Region
8.3.1 Asia-Pacific Elevators & Escalators Consumption Value by Region (2019-2030)
8.3.2 China Elevators & Escalators Market Size and Forecast (2019-2030)
8.3.3 Japan Elevators & Escalators Market Size and Forecast (2019-2030)
8.3.4 South Korea Elevators & Escalators Market Size and Forecast (2019-2030)
8.3.5 India Elevators & Escalators Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Elevators & Escalators Market Size and Forecast (2019-2030)
8.3.7 Australia Elevators & Escalators Market Size and Forecast (2019-2030)

9 South America
9.1 South America Elevators & Escalators Consumption Value by Type (2019-2030)
9.2 South America Elevators & Escalators Consumption Value by Application (2019-2030)
9.3 South America Elevators & Escalators Market Size by Country
9.3.1 South America Elevators & Escalators Consumption Value by Country (2019-2030)
9.3.2 Brazil Elevators & Escalators Market Size and Forecast (2019-2030)
9.3.3 Argentina Elevators & Escalators Market Size and Forecast (2019-2030)

10 Middle East & Africa
10.1 Middle East & Africa Elevators & Escalators Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Elevators & Escalators Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Elevators & Escalators Market Size by Country
10.3.1 Middle East & Africa Elevators & Escalators Consumption Value by Country (2019-2030)
10.3.2 Turkey Elevators & Escalators Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Elevators & Escalators Market Size and Forecast (2019-2030)
10.3.4 UAE Elevators & Escalators Market Size and Forecast (2019-2030)

11 Market Dynamics
11.1 Elevators & Escalators Market Drivers
11.2 Elevators & Escalators Market Restraints
11.3 Elevators & Escalators Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 Elevators & Escalators Industry Chain
12.2 Elevators & Escalators Upstream Analysis
12.3 Elevators & Escalators Midstream Analysis
12.4 Elevators & Escalators Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Elevators & Escalators Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global Elevators & Escalators Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global Elevators & Escalators Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global Elevators & Escalators Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Kone Company Information, Head Office, and Major Competitors
Table 6. Kone Major Business
Table 7. Kone Elevators & Escalators Product and Solutions
Table 8. Kone Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Kone Recent Developments and Future Plans
Table 10. Thyssenkrupp Company Information, Head Office, and Major Competitors
Table 11. Thyssenkrupp Major Business
Table 12. Thyssenkrupp Elevators & Escalators Product and Solutions
Table 13. Thyssenkrupp Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. Thyssenkrupp Recent Developments and Future Plans
Table 15. United Technologies Company Information, Head Office, and Major Competitors
Table 16. United Technologies Major Business
Table 17. United Technologies Elevators & Escalators Product and Solutions
Table 18. United Technologies Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. United Technologies Recent Developments and Future Plans
Table 20. Schindler Company Information, Head Office, and Major Competitors
Table 21. Schindler Major Business
Table 22. Schindler Elevators & Escalators Product and Solutions
Table 23. Schindler Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 24. Schindler Recent Developments and Future Plans
Table 25. Hitachi Company Information, Head Office, and Major Competitors
Table 26. Hitachi Major Business
Table 27. Hitachi Elevators & Escalators Product and Solutions
Table 28. Hitachi Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 29. Hitachi Recent Developments and Future Plans
Table 30. Hyundai Elevator Company Information, Head Office, and Major Competitors
Table 31. Hyundai Elevator Major Business
Table 32. Hyundai Elevator Elevators & Escalators Product and Solutions
Table 33. Hyundai Elevator Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 34. Hyundai Elevator Recent Developments and Future Plans
Table 35. Toshiba Company Information, Head Office, and Major Competitors
Table 36. Toshiba Major Business
Table 37. Toshiba Elevators & Escalators Product and Solutions
Table 38. Toshiba Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 39. Toshiba Recent Developments and Future Plans
Table 40. Mitsubishi Electric Company Information, Head Office, and Major Competitors
Table 41. Mitsubishi Electric Major Business
Table 42. Mitsubishi Electric Elevators & Escalators Product and Solutions
Table 43. Mitsubishi Electric Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 44. Mitsubishi Electric Recent Developments and Future Plans
Table 45. Fujitec Company Information, Head Office, and Major Competitors
Table 46. Fujitec Major Business
Table 47. Fujitec Elevators & Escalators Product and Solutions
Table 48. Fujitec Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 49. Fujitec Recent Developments and Future Plans
Table 50. Electra Company Information, Head Office, and Major Competitors
Table 51. Electra Major Business
Table 52. Electra Elevators & Escalators Product and Solutions
Table 53. Electra Elevators & Escalators Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 54. Electra Recent Developments and Future Plans
Table 55. Global Elevators & Escalators Revenue (USD Million) by Players (2019-2024)
Table 56. Global Elevators & Escalators Revenue Share by Players (2019-2024)
Table 57. Breakdown of Elevators & Escalators by Company Type (Tier 1, Tier 2, and Tier 3)
Table 58. Market Position of Players in Elevators & Escalators, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 59. Head Office of Key Elevators & Escalators Players
Table 60. Elevators & Escalators Market: Company Product Type Footprint
Table 61. Elevators & Escalators Market: Company Product Application Footprint
Table 62. Elevators & Escalators New Market Entrants and Barriers to Market Entry
Table 63. Elevators & Escalators Mergers, Acquisition, Agreements, and Collaborations
Table 64. Global Elevators & Escalators Consumption Value (USD Million) by Type (2019-2024)
Table 65. Global Elevators & Escalators Consumption Value Share by Type (2019-2024)
Table 66. Global Elevators & Escalators Consumption Value Forecast by Type (2025-2030)
Table 67. Global Elevators & Escalators Consumption Value by Application (2019-2024)
Table 68. Global Elevators & Escalators Consumption Value Forecast by Application (2025-2030)
Table 69. North America Elevators & Escalators Consumption Value by Type (2019-2024) & (USD Million)
Table 70. North America Elevators & Escalators Consumption Value by Type (2025-2030) & (USD Million)
Table 71. North America Elevators & Escalators Consumption Value by Application (2019-2024) & (USD Million)
Table 72. North America Elevators & Escalators Consumption Value by Application (2025-2030) & (USD Million)
Table 73. North America Elevators & Escalators Consumption Value by Country (2019-2024) & (USD Million)
Table 74. North America Elevators & Escalators Consumption Value by Country (2025-2030) & (USD Million)
Table 75. Europe Elevators & Escalators Consumption Value by Type (2019-2024) & (USD Million)
Table 76. Europe Elevators & Escalators Consumption Value by Type (2025-2030) & (USD Million)
Table 77. Europe Elevators & Escalators Consumption Value by Application (2019-2024) & (USD Million)
Table 78. Europe Elevators & Escalators Consumption Value by Application (2025-2030) & (USD Million)
Table 79. Europe Elevators & Escalators Consumption Value by Country (2019-2024) & (USD Million)
Table 80. Europe Elevators & Escalators Consumption Value by Country (2025-2030) & (USD Million)
Table 81. Asia-Pacific Elevators & Escalators Consumption Value by Type (2019-2024) & (USD Million)
Table 82. Asia-Pacific Elevators & Escalators Consumption Value by Type (2025-2030) & (USD Million)
Table 83. Asia-Pacific Elevators & Escalators Consumption Value by Application (2019-2024) & (USD Million)
Table 84. Asia-Pacific Elevators & Escalators Consumption Value by Application (2025-2030) & (USD Million)
Table 85. Asia-Pacific Elevators & Escalators Consumption Value by Region (2019-2024) & (USD Million)
Table 86. Asia-Pacific Elevators & Escalators Consumption Value by Region (2025-2030) & (USD Million)
Table 87. South America Elevators & Escalators Consumption Value by Type (2019-2024) & (USD Million)
Table 88. South America Elevators & Escalators Consumption Value by Type (2025-2030) & (USD Million)
Table 89. South America Elevators & Escalators Consumption Value by Application (2019-2024) & (USD Million)
Table 90. South America Elevators & Escalators Consumption Value by Application (2025-2030) & (USD Million)
Table 91. South America Elevators & Escalators Consumption Value by Country (2019-2024) & (USD Million)
Table 92. South America Elevators & Escalators Consumption Value by Country (2025-2030) & (USD Million)
Table 93. Middle East & Africa Elevators & Escalators Consumption Value by Type (2019-2024) & (USD Million)
Table 94. Middle East & Africa Elevators & Escalators Consumption Value by Type (2025-2030) & (USD Million)
Table 95. Middle East & Africa Elevators & Escalators Consumption Value by Application (2019-2024) & (USD Million)
Table 96. Middle East & Africa Elevators & Escalators Consumption Value by Application (2025-2030) & (USD Million)
Table 97. Middle East & Africa Elevators & Escalators Consumption Value by Country (2019-2024) & (USD Million)
Table 98. Middle East & Africa Elevators & Escalators Consumption Value by Country (2025-2030) & (USD Million)
Table 99. Elevators & Escalators Raw Material
Table 100. Key Suppliers of Elevators & Escalators Raw Materials
List of Figures
Figure 1. Elevators & Escalators Picture
Figure 2. Global Elevators & Escalators Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global Elevators & Escalators Consumption Value Market Share by Type in 2023
Figure 4. Elevators
Figure 5. Escalators
Figure 6. Moving Walkways
Figure 7. Global Elevators & Escalators Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 8. Elevators & Escalators Consumption Value Market Share by Application in 2023
Figure 9. Residential Sector Picture
Figure 10. Institutional Sector Picture
Figure 11. Commercial Sector Picture
Figure 12. Infrastructural Sector Picture
Figure 13. Global Elevators & Escalators Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 14. Global Elevators & Escalators Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 15. Global Market Elevators & Escalators Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
Figure 16. Global Elevators & Escalators Consumption Value Market Share by Region (2019-2030)
Figure 17. Global Elevators & Escalators Consumption Value Market Share by Region in 2023
Figure 18. North America Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 20. Asia-Pacific Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 21. South America Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 22. Middle East and Africa Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 23. Global Elevators & Escalators Revenue Share by Players in 2023
Figure 24. Elevators & Escalators Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
Figure 25. Global Top 3 Players Elevators & Escalators Market Share in 2023
Figure 26. Global Top 6 Players Elevators & Escalators Market Share in 2023
Figure 27. Global Elevators & Escalators Consumption Value Share by Type (2019-2024)
Figure 28. Global Elevators & Escalators Market Share Forecast by Type (2025-2030)
Figure 29. Global Elevators & Escalators Consumption Value Share by Application (2019-2024)
Figure 30. Global Elevators & Escalators Market Share Forecast by Application (2025-2030)
Figure 31. North America Elevators & Escalators Consumption Value Market Share by Type (2019-2030)
Figure 32. North America Elevators & Escalators Consumption Value Market Share by Application (2019-2030)
Figure 33. North America Elevators & Escalators Consumption Value Market Share by Country (2019-2030)
Figure 34. United States Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 35. Canada Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 36. Mexico Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 37. Europe Elevators & Escalators Consumption Value Market Share by Type (2019-2030)
Figure 38. Europe Elevators & Escalators Consumption Value Market Share by Application (2019-2030)
Figure 39. Europe Elevators & Escalators Consumption Value Market Share by Country (2019-2030)
Figure 40. Germany Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 41. France Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 42. United Kingdom Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 43. Russia Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 44. Italy Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 45. Asia-Pacific Elevators & Escalators Consumption Value Market Share by Type (2019-2030)
Figure 46. Asia-Pacific Elevators & Escalators Consumption Value Market Share by Application (2019-2030)
Figure 47. Asia-Pacific Elevators & Escalators Consumption Value Market Share by Region (2019-2030)
Figure 48. China Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 49. Japan Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 50. South Korea Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 51. India Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 52. Southeast Asia Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 53. Australia Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 54. South America Elevators & Escalators Consumption Value Market Share by Type (2019-2030)
Figure 55. South America Elevators & Escalators Consumption Value Market Share by Application (2019-2030)
Figure 56. South America Elevators & Escalators Consumption Value Market Share by Country (2019-2030)
Figure 57. Brazil Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 58. Argentina Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 59. Middle East and Africa Elevators & Escalators Consumption Value Market Share by Type (2019-2030)
Figure 60. Middle East and Africa Elevators & Escalators Consumption Value Market Share by Application (2019-2030)
Figure 61. Middle East and Africa Elevators & Escalators Consumption Value Market Share by Country (2019-2030)
Figure 62. Turkey Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 63. Saudi Arabia Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 64. UAE Elevators & Escalators Consumption Value (2019-2030) & (USD Million)
Figure 65. Elevators & Escalators Market Drivers
Figure 66. Elevators & Escalators Market Restraints
Figure 67. Elevators & Escalators Market Trends
Figure 68. Porters Five Forces Analysis
Figure 69. Manufacturing Cost Structure Analysis of Elevators & Escalators in 2023
Figure 70. Manufacturing Process Analysis of Elevators & Escalators
Figure 71. Elevators & Escalators Industrial Chain
Figure 72. Methodology
Figure 73. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Kone
Thyssenkrupp
United Technologies
Schindler
Hitachi
Hyundai Elevator
Toshiba
Mitsubishi Electric
Fujitec
Electra
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