Global Elevator & Escalator Market Outlook, 2027

Global Elevator & Escalator Market is segmented into 5 regions: North America, Europe, Asia Pacific, South America, Middle East, & Africa Elevator & Escalator Market.

Featured Companies

  • 1. Fujitec Corporation Limited
  • 2. Hitachi Group
  • 3. Hyundai Elevator Corporation Limited
  • 4. Kleemann Hellas
  • 5. Kone Corporation
  • 6. Mitsubishi Electric Corporation
  • 7. Otis Worldwide Corporation
  • 8. Schindler Group
  • 9. Sigma Elevator Company
  • More...

Expansion of the building and construction industry has been a chief driver of the global elevator and escalator market. Elevators and escalators, being integral parts of residential as well as commercial buildings, are witnessing an impressive surge in demand all over the world. Advancement in Internet of Things (IoT) technology is further catering to market growth with the rising incorporation of ultra-modern facilities, starting from elevator safety solutions to elevator air purification equipment. From production through installation, the whole process cycle for elevators and escalators is expensive and requires competent handling. Industrial handling equipment requires regular maintenance, upgrades, and other services as needed, which takes time and requires technical expertise. These facilities range from residential complexes to large industrial structures. In addition to that, elevator and escalator manufacturers are putting more effort into developing cutting-edge solutions that save time and energy. They are primarily focused on launching an advanced range of elevators that can be used in a variety of end-use categories such as hospitals, offices, industrial buildings, and others. This is anticipated to boost the growth of the market. According to the report, "Global Elevator & Escalator Market Outlook, 2027" published by Bonafide research, the market was valued at around USD 90 billion, which is anticipated to reach nearly USD 130 billion by 2027, registering a CAGR of more than 6% for 2022-2027. The rising usage of elevators and escalators at airports, malls, subways, hospitals, office buildings, and other commercial spaces to offer ease of transit is driving the market growth. By type, the elevator segment leads the market in 2021. The growing geriatric population is another factor boosting its installation. The booming construction sector, resulting in the rapid demand for elevators in high-rise and mid-rise buildings, is further driving the market growth. Similarly, the moving walkway segment is expected to grow with an anticipated CAGR of more than 6%, while the escalator segment is expected to show a decline in the market.

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Keeping an elevator, escalator, or moving walk functioning at its peak requires regular maintenance and occasional repairs. These services include new installation, maintenance & repair, and modernization, which are put together by the market. Modernization is the next step in the complete life cycle of escalators and elevators. After a certain period, the equipment requires a full replacement. Among these, the maintenance & repair segment accounts for the highest global share, expected to hold around half the market share by the end of the forecast period. One of the major factors driving the growth of the elevators and escalators market is the increasing demand from the end-use sectors like residential, commercial, industrial, etc. Clearly, the market is dominated by the residential end-user segment in 2021. The increasing focus of the government towards high-rise infrastructure, coupled with an increasing need for rapid transit, is expected to fuel the growth of the global elevator and escalator market. Continuous investment for the improvement of infrastructure at public places like railway stations, airports, shopping malls, etc. is further expected to upsurge demand during the forecast period. Tourism is another sector that encourages the demand for elevators and escalators in places of importance for the ease and convenience of tourists visiting the respective countries. These factors are expected to influence the other end-user segment that is expected to grow with an expected CAGR of over 6%. With technological advancements, the industrial and commercial sectors are incorporating modern safety features into escalators, such as skirt brushes in order to prevent objects being caught in the escalators; step level monitors; missing step monitors; handrail motion detectors; sensors to trigger an automatic shutdown in case of an emergency; and others. The urbanization rate across the globe has witnessed a significant increase in demand owing to higher employment and educational opportunities in urban regions. This increase in the urban population has fueled the demand for commercial and institutional buildings. The size of commercial buildings, in terms of square footage, has also increased to accommodate more people. This has increased the importance of vertical transit systems for the smooth function of buildings. These factors have positively influenced the escalator market, as escalators enable the continuous movement of people from one floor to another. Furthermore, to tackle problems of traffic congestion, many governments across the globe are focused on the development of efficient metro rail systems, thereby propelling the demand for the market. In addition, the rise in purchasing power of the masses in developing countries has significantly increased the number of shopping malls. Escalators can be installed within the same space as staircases and will have lower noise and vibration levels. These technical advantages further increase the use of escalators in the market.

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Manmayi Raval

Manmayi Raval

Research Consultant

Growing concerns about ageing infrastructure in North America and Europe are likely to drive the need for elevator services and modernization. However, the maintenance of elevators will largely be influenced by factors including the equipment base, regulatory landscape, and service costs across different countries. Asia-Pacific offers potential growth opportunities, as developing countries such as China and India are projected to be emerging markets, making the Asia-Pacific region the fastest-growing market, expected to cover a larger market share during the forecast period. The regions of Latin America and the Middle East & Africa together contributed to more than 12% of the market in 2021. According to the Department of Economic and Social Affairs of the United Nations, the global population living in urban areas is anticipated to reach 68% by 2050, up from 55% in 2018. This is expected to add an estimated 2.5 billion people to urban areas by 2050. This increase in the urban population will create a demand for increased commercial space, thereby driving the growth of the escalator market. Furthermore, developing countries across the globe have increased investments in subway and metro projects. For instance, as of 2020, India has over 1000 kms of metro rail network under construction, and the network of subways in China reached over 6000 kms in 2019. India is also constructing 21 green-field airports under the UDAN scheme. The development of such public transport projects significantly increases the demand for escalators, as they enable continuous pedestrian movement. In addition, Emaar Properties, which is an international real estate development company based in the UAE, is set to develop a 500,000 sq. ft. shopping mall in Srinagar, India. Such developments in commercial spaces also drive the growth of the escalator market. However, the requirement for frequent maintenance and high energy consumption are factors that restrain the escalator market's growth. The Leadership in Energy and Environmental Design (LEED) rating system was developed by the US Green Buildings Council to reduce environmental burden and promote the concept of sustainable buildings. A similar trend has been witnessed in the European region, where European Green Building Councils announced the development of 10 national roadmaps and an EU policy roadmap for decarburizing the building environment. The adoption of smart elevators would reduce this dependency and consumption rate. Elevator manufacturers are manufacturing elevators for mid-and high-rise buildings that are energy-efficient and incorporate smart controls, hardware, and other systems that consume low energy. Also, the growing environmental concerns have increased the demand for green products that are sustainable and environmentally friendly. Consumer expectations for value-added products are steadily shifting toward premium green building materials for elevators, escalators, and moving walkways. The use of green building materials can help reduce emissions significantly. These materials help save energy. Attain sustainability, reduce emissions, and conserve the environment. The rapid increase in the launches of escalators by major players coupled with the adoption of digital features is driving the industry's growth during the forecast period. For instance, in March 2021, KONE Elevator India introduced the world's first ground-breaking category of digitally enabled KONE DX Class Elevators that will reinvent the elevator experience. KONE DX Class ensures an integrated experience on all levels, with built-in connectivity to improve people flow. Also, in February 2021, TKE, TK Elevator's emerging world brand, was launched. TKE's product portfolio includes everything from commodity elevators for the residential sector to cutting-edge, fully personalized solutions for country skyscrapers like New York's One World Trade Center. In addition to this, its portfolio includes escalators and moving walks, passenger terminal bridges, stair and marketplace lifts, and tailor-made solutions and services for all product lines, encompassing a broad range of urban movements. The integrated intelligence that enables these escalators is provided by the Otis ONE IoT digital platform, native to both platforms. The platform can deliver performance reports and predictive insights. Thus, the digital platforms and solutions and advanced portfolio launched are driving the elevators and escalators market growth during the forecast period.

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Manmayi Raval

In the elevator and escalator market, the profitability of the companies depends on engineering expertise and efficient production. Large companies have economies of scale in purchasing, and small companies can compete effectively by specializing. Globally, the market has been dominated by four key players: Otis Elevator Company, Schindler Holding Ltd., ThyssenKrupp Elevator AG, and KONE Corporation, which together control a major share, holding more than half of the market. Other considerable players in the market are Mitsubishi Electric, Hitachi Ltd., Fujitec Co., Ltd., Sigma Elevator Company, Hyundai Elevator Company, Toshiba Corporation, Stannah, Gulf Elevator & Escalator Co., Ltd., Kleemann Hellas SA, Sicher Elevator Co., Cibes Lift Group AB, etc. COVID-19 Impacts: The COVID-19 pandemic triggered a global health emergency that was unprecedented and difficult to manage. As a precaution, most of the region's major economies enforced a harsh and abrupt nationwide lockdown, effectively halting financial activity in the region. The abrupt closure wreaked havoc on the labor-intensive and highly unpredictable construction industry. This aspect also hampered global market sales and development by reducing new construction and upgrading operations. The market's expansion was slowed by lower cash liquidity, uncertainty in state investments, and a gloomy attitude among established potential investors. The disruption and complete breakdown of the manufacturing ecosystem's supply chain shifted the market's decline across numerous areas. A temporary prohibition has been imposed by a number of federal governments. The government issued urgent measures to halt non-essential commodity movement, resulting in a large gap between the procurement of raw materials for products and actual production at manufacturing facilities. The industry's efficiency and productivity have been harmed by a complete mismatch between supply and demand for basic resources. Major Companies Present In the Market Fujitec Corporation Limited, Hitachi Group, Hyundai Elevator Corporation Limited, Kleemann Hellas, Kone Corporation, Mitsubishi Electric Corporation, Otis Worldwide Corporation, Schindler Group, Sigma Elevator Company, Stannah Lifts Holdings Limited, Thyssenkrupp AG, Toshiba Elevator And Building System Corporation Considered In the Report • Geography: Global • Historical year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecasted year: Regions and Countries covered: • North America (USA, Canada, Mexico) • Europe (Germany, UK, France, Spain, Italy, Russia) • Asia-Pacific (India, Japan, Australia, China) • South America (Brazil, Argentina, Columbia) • Middle East & Africa (UAE, Qatar, Saudi Arabia, South Africa) Aspects Covered In the Report • Market Size By Value for the historic time period (2016-2021) • Market Size By Value for the forecast time period (2022-2027) • Market Share by Type (Elevator, Escalator & Moving Walkways) • Market Share by Service (New Installation, Maintenance & Repair, Modernization ) • Market Share by End Users (Residential, Commercial & Others) • Market Share by Country The approach of the report: We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free. Intended Audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the elevator and escalator industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Companies Mentioned

  • Fujitec Corporation Limited
  • Hitachi Group
  • Hyundai Elevator Corporation Limited
  • Kleemann Hellas
  • Kone Corporation
  • Mitsubishi Electric Corporation
  • Otis Worldwide Corporation
  • Schindler Group
  • Sigma Elevator Company
  • Stannah Lifts Holdings Limited
  • Thyssenkrupp Ag
  • Toshiba Elevator And Building System Corporation

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Market Definition
  • 4. Economic /Demographic Snapshot
  • 5. Global Elevator and Escalator Market Outlook
  • 5.1. Market Size by Value
  • 5.2. Market Share
  • 5.2.1. By Region
  • 5.2.2. By Country
  • 5.2.3. By Company
  • 5.2.4. By Type
  • 5.2.5. By Service
  • 5.2.6. By End User
  • 6. North America Elevator and Escalator Market Outlook
  • 6.1. Market Size by Value
  • 6.2. Market Share
  • 6.2.1. By Country
  • 6.2.2. By Type
  • 6.2.3. By Service
  • 6.2.4. By End User
  • 6.3. US Elevator and Escalator Market Outlook
  • 6.3.1. Market Size by Value
  • 6.3.2. Market Share
  • 6.3.2.1. By Type
  • 6.3.2.2. By Service
  • 6.3.2.3. By End User
  • 6.4. Canada Elevator and Escalator Market Outlook
  • 6.4.1. Market Size by Value
  • 6.4.2. Market Share
  • 6.4.2.1. By Type
  • 6.4.2.2. By Service
  • 6.4.2.3. By End User
  • 6.5. Mexico Elevator and Escalator Market Outlook
  • 6.5.1. Market Size by Value
  • 6.5.2. Market Share
  • 6.5.2.1. By Type
  • 6.5.2.2. By Service
  • 6.5.2.3. By End User
  • 7. Europe Elevator and Escalator Market Outlook
  • 7.1. Market Size by Value
  • 7.2. Market Share
  • 7.2.1. By Country
  • 7.2.2. By Type
  • 7.2.3. By Service
  • 7.2.4. By End User
  • 7.3. Germany Elevator and Escalator Market Outlook
  • 7.3.1. Market Size by Value
  • 7.3.2. Market Share
  • 7.3.2.1. By Type
  • 7.3.2.2. By Service
  • 7.3.2.3. By End User
  • 7.4. UK Elevator and Escalator Market Outlook
  • 7.4.1. Market Size by Value
  • 7.4.2. Market Share
  • 7.4.2.1. By Type
  • 7.4.2.2. By Service
  • 7.4.2.3. By End User
  • 7.5. France Elevator and Escalator Market Outlook
  • 7.5.1. Market Size by Value
  • 7.5.2. Market Share
  • 7.5.2.1. By Type
  • 7.5.2.2. By Service
  • 7.5.2.3. By End User
  • 7.6. Spain Elevator and Escalator Market Outlook
  • 7.6.1. Market Size by Value
  • 7.6.2. Market Share
  • 7.6.2.1. By Type
  • 7.6.2.2. By Service
  • 7.6.2.3. By End User
  • 7.7. Italy Elevator and Escalator Market Outlook
  • 7.7.1. Market Size by Value
  • 7.7.2. Market Share
  • 7.7.2.1. By Type
  • 7.7.2.2. By Service
  • 7.7.2.3. By End User
  • 7.8. Russia Elevator and Escalator Market Outlook
  • 7.8.1. Market Size by Value
  • 7.8.2. Market Share
  • 7.8.2.1. By Type
  • 7.8.2.2. By Service
  • 7.8.2.3. By End User
  • 8. Asia-Pacific Elevator and Escalator Market Outlook
  • 8.1. Market Size by Value
  • 8.2. Market Share
  • 8.2.1. By Country
  • 8.2.2. By Type
  • 8.2.3. By Service
  • 8.2.4. By End User
  • 8.3. China Elevator and Escalator Market Outlook
  • 8.3.1. Market Size by Value
  • 8.3.2. Market Share
  • 8.3.2.1. By Type
  • 8.3.2.2. By Service
  • 8.3.2.3. By End User
  • 8.4. Japan Elevator and Escalator Market Outlook
  • 8.4.1. Market Size by Value
  • 8.4.2. Market Share
  • 8.4.2.1. By Type
  • 8.4.2.2. By Service
  • 8.4.2.3. By End User
  • 8.5. India Elevator and Escalator Market Outlook
  • 8.5.1. Market Size by Value
  • 8.5.2. Market Share
  • 8.5.2.1. By Type
  • 8.5.2.2. By Service
  • 8.5.2.3. By End User
  • 8.6. Australia Elevator and Escalator Market Outlook
  • 8.6.1. Market Size by Value
  • 8.6.2. Market Share
  • 8.6.2.1. By Type
  • 8.6.2.2. By Service
  • 8.6.2.3. By End User
  • 9. South America Elevator and Escalator Market Outlook
  • 9.1. Market Size by Value
  • 9.2. Market Share
  • 9.2.1. By Country
  • 9.2.2. By Type
  • 9.2.3. By Service
  • 9.2.4. By End User
  • 9.3. Brazil Elevator and Escalator Market Outlook
  • 9.3.1. Market Size by Value
  • 9.3.2. Market Share
  • 9.3.2.1. By Type
  • 9.3.2.2. By Service
  • 9.3.2.3. By End User
  • 9.4. Argentina Elevator and Escalator Market Outlook
  • 9.4.1. Market Size by Value
  • 9.4.2. Market Share
  • 9.4.2.1. By Type
  • 9.4.2.2. By Service
  • 9.4.2.3. By End User
  • 9.5. Columbia Elevator and Escalator Market Outlook
  • 9.5.1. Market Size by Value
  • 9.5.2. Market Share
  • 9.5.2.1. By Type
  • 9.5.2.2. By Service
  • 9.5.2.3. By End User
  • 10. Middle East & Africa Elevator and Escalator Market Outlook
  • 10.1. Market Size by Value
  • 10.2. Market Share
  • 10.2.1. By Country
  • 10.2.2. By Type
  • 10.2.3. By Service
  • 10.2.4. By End User
  • 10.3. UAE Elevator and Escalator Market Outlook
  • 10.3.1. Market Size by Value
  • 10.3.2. Market Share
  • 10.3.2.1. By Type
  • 10.3.2.2. By Service
  • 10.3.2.3. By End User
  • 10.4. Saudi Arabia Elevator and Escalator Market Outlook
  • 10.4.1. Market Size by Value
  • 10.4.2. Market Share
  • 10.4.2.1. By Type
  • 10.4.2.2. By Service
  • 10.4.2.3. By End User
  • 10.5. Qatar Elevator and Escalator Market Outlook
  • 10.5.1. Market Size by Value
  • 10.5.2. Market Share
  • 10.5.2.1. By Type
  • 10.5.2.2. By Service
  • 10.5.2.3. By End User
  • 10.6. South Africa Elevator and Escalator Market Outlook
  • 10.6.1. Market Size by Value
  • 10.6.2. Market Share
  • 10.6.2.1. By Type
  • 10.6.2.2. By Service
  • 10.6.2.3. By End User
  • 11. Market Dynamics
  • 11.1. Market Drivers
  • 11.2. Market Challenges
  • 12. Market Trends and Developments
  • 12.1. XXXXXX
  • 12.2. XXXXXX
  • 12.3. XXXXXX
  • 13. Company Profiles
  • 13.1. Fujitec Corporation Limited
  • 13.2. Hitachi Group
  • 13.3. Hyundai Elevator Corporation Limited
  • 13.4. Kleemann Hellas
  • 13.5. Kone Corporation
  • 13.6. Mitsubishi Electric Corporation
  • 13.7. Otis Worldwide Corporation
  • 13.8. Schindler Group
  • 13.9. Sigma Elevator Company
  • 13.10. Stannah Lifts Holdings Limited
  • 13.11. ThyssenKrupp AG
  • 13.12. Toshiba Elevator and Building System Corporation
  • 14. Strategic Recommendations
  • 15. Disclaimer

List of Table
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Elevator and Escalator Market Share By Region (2016, 2021&2027F)
Table 5: Global Elevator and Escalator Market Share by Country (2016, 2021 & 2027F)
Table 6: Global Elevator and Escalator Market Share By Company (2021)
Table 7: Global Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 8: Global Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 9: North America Elevator and Escalator Market Share by Country (2016, 2021 & 2027F)
Table 10: North America Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 11: North America Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 12: US Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 13: US Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 14: Canada Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 15: Canada Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 16: Mexico Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 17: Mexico Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 18: Europe Elevator and Escalator Market Share by Country (2016, 2021 & 2027F)
Table 19: Europe Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 20: Europe Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 21: Germany Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 22: Germany Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 23: UK Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 24: UK Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 25: France Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 26: France Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 27: Spain Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 28: Spain Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 29: Italy Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 30: Italy Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 31: Russia Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 32: Russia Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 33: Asia-Pacific Elevator and Escalator Market Share by Country (2016, 2021 & 2027F)
Table 34: Asia-Pacific Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 35: Asia-Pacific Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 36: China Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 37: China Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 38: Japan Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 39: Japan Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 40: India Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 41: India Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 42: Australia Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 43: Australia Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 44: South America Elevator and Escalator Market Share by Country (2016, 2021 & 2027F)
Table 45: South America Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 46: South America Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 47: Brazil Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 48: Brazil Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 49: Argentina Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 50: Argentina Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 51: Columbia Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 52: Columbia Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 53: Middle East & Africa Elevator and Escalator Market Share by Country (2016, 2021 & 2027F)
Table 54: Middle East & Africa Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 55: Middle East & Africa Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 56: UAE Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 57: UAE Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 58: Saudi Arabia Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 59: Saudi Arabia Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 60: Qatar Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 61: Qatar Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 62: South Africa Elevator and Escalator Market Share By Service (2016, 2021 & 2027F)
Table 63: South Africa Elevator and Escalator Market Share By End User (2016, 2021 & 2027F)
Table 64: Key Facts of Fujitec Corporation Limited
Table 65: Key Facts of Hitachi Group
Table 66: Key Facts of Hyundai Elevator Corporation Limited
Table 67: Key Facts of Kleemann Hellas
Table 68: Key Facts of Kone Corporation
Table 69: Key Facts of Mitsubishi Electric Corporation
Table 70: Key Facts of Otis Worldwide Corporation
Table 71: Key Facts of Schindler Group
Table 72: Key Facts of Sigma Elevator Company
Table 73: Key Facts of Stannah Lifts Holdings Limited
Table 74: Key Facts of ThyssenKrupp AG
Table 75: Key Facts of Toshiba Elevator and Building System Corporation

List of Figures
Figure 1: Global Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 2: Global Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 3: North America Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 4: North America Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 5: US Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 6: US Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 7: Canada Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 8: Canada Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 9: Mexico Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 10: Mexico Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 11: Europe Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 12: Europe Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 13: Germany Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 14: Germany Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 15: UK Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 16: UK Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 17: France Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 18: France Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 19: Spain Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 20: Spain Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 21: Italy Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 22: Italy Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 23: Russia Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 24: Russia Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 25: Asia-Pacific Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 26: Asia-Pacific Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 27: China Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 28: China Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 29: Japan Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 30: Japan Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 31: India Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 32: India Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 33: Australia Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 34: Australia Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 35: South America Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 36: South America Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 37: Brazil Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 38: Brazil Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 39: Argentina Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 40: Argentina Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 41: Columbia Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 42: Columbia Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 43: Middle East & Africa Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 44: Middle East & Africa Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 45: UAE Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 46: UAE Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 47: Saudi Arabia Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 48: Saudi Arabia Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 49: Qatar Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 50: Qatar Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)
Figure 51: South Africa Elevator and Escalator Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 52: South Africa Elevator and Escalator Market Share – By Type (2016, 2021 & 2027F)

Feed Phosphate Market Research FAQs

The base year considered in the escalator market is 2020.

On the basis of components, the controller segment is expected to be the most influencing segment.

The market value of global escalator market is $12.9 billion in 2021.

Key companies in the Global Elevator and Escalator Market include ThyssenKrupp AG, Kone Corporation, Otis Worldwide Corporation, Schindler Group, Fujitec Co. Ltd., Mitsubishi Electric Corporation, Hyundai Elevator Co. Ltd., Hitachi Ltd. and Orona Group.

Asia-Pacific region is leading the Global Elevator and Escalator Market.
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Global Elevator & Escalator Market Outlook, 2027

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