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Elevator and Escalator-Global Market Insights and Sales Trends 2025

Elevator and Escalator-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1817136

No of Pages : 125

Synopsis
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.
The global Elevator and Escalator market size is expected to reach US$ 44250 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Elevator and Escalator in various end use industries. The expanding demands from the Residential Area, Commercial Office, Transportation Hub Area and Industrial Area, are propelling Elevator and Escalator market. Elevator, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Escalator segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Elevator and Escalator, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Elevator and Escalator market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Elevator and Escalator market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Elevator and Escalator sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Elevator and Escalator covered in this report include Otis, Schindler Group, ThyssenKrupp, Kone, Mitsubishi Electric, Toshiba, Hitachi, Fujitec and Hyundai, etc.
The global Elevator and Escalator market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
Sicher Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
CNYD
Meilun Elevator
IFE Elevators
Joylive Elevator
Dongnan Elevator
Global Elevator and Escalator market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Elevator and Escalator market, Segment by Type:
Elevator
Escalator
Moving Walkway
Global Elevator and Escalator market, by Application
Residential Area
Commercial Office
Transportation Hub Area
Industrial Area
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Elevator and Escalator manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Elevator and Escalator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Elevator and Escalator Market Overview
1.1 Elevator and Escalator Product Overview
1.2 Elevator and Escalator Market Segment by Type
1.2.1 Elevator
1.2.2 Escalator
1.2.3 Moving Walkway
1.3 Global Elevator and Escalator Market Size by Type
1.3.1 Global Elevator and Escalator Market Size Overview by Type (2018-2029)
1.3.2 Global Elevator and Escalator Historic Market Size Review by Type (2018-2023)
1.3.3 Global Elevator and Escalator Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Elevator and Escalator Sales Breakdown by Type (2018-2023)
1.4.2 Europe Elevator and Escalator Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Elevator and Escalator Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Elevator and Escalator Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Elevator and Escalator Sales Breakdown by Type (2018-2023)
2 Global Elevator and Escalator Market Competition by Company
2.1 Global Top Players by Elevator and Escalator Sales (2018-2023)
2.2 Global Top Players by Elevator and Escalator Revenue (2018-2023)
2.3 Global Top Players by Elevator and Escalator Price (2018-2023)
2.4 Global Top Manufacturers Elevator and Escalator Manufacturing Base Distribution, Sales Area, Product Type
2.5 Elevator and Escalator Market Competitive Situation and Trends
2.5.1 Elevator and Escalator Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Elevator and Escalator Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Elevator and Escalator as of 2022)
2.7 Date of Key Manufacturers Enter into Elevator and Escalator Market
2.8 Key Manufacturers Elevator and Escalator Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Elevator and Escalator Status and Outlook by Region
3.1 Global Elevator and Escalator Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Elevator and Escalator Historic Market Size by Region
3.2.1 Global Elevator and Escalator Sales in Volume by Region (2018-2023)
3.2.2 Global Elevator and Escalator Sales in Value by Region (2018-2023)
3.2.3 Global Elevator and Escalator Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Elevator and Escalator Forecasted Market Size by Region
3.3.1 Global Elevator and Escalator Sales in Volume by Region (2024-2029)
3.3.2 Global Elevator and Escalator Sales in Value by Region (2024-2029)
3.3.3 Global Elevator and Escalator Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Elevator and Escalator by Application
4.1 Elevator and Escalator Market Segment by Application
4.1.1 Residential Area
4.1.2 Commercial Office
4.1.3 Transportation Hub Area
4.1.4 Industrial Area
4.2 Global Elevator and Escalator Market Size by Application
4.2.1 Global Elevator and Escalator Market Size Overview by Application (2018-2029)
4.2.2 Global Elevator and Escalator Historic Market Size Review by Application (2018-2023)
4.2.3 Global Elevator and Escalator Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Elevator and Escalator Sales Breakdown by Application (2018-2023)
4.3.2 Europe Elevator and Escalator Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Elevator and Escalator Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Elevator and Escalator Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Elevator and Escalator Sales Breakdown by Application (2018-2023)
5 North America Elevator and Escalator by Country
5.1 North America Elevator and Escalator Historic Market Size by Country
5.1.1 North America Elevator and Escalator Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Elevator and Escalator Sales in Volume by Country (2018-2023)
5.1.3 North America Elevator and Escalator Sales in Value by Country (2018-2023)
5.2 North America Elevator and Escalator Forecasted Market Size by Country
5.2.1 North America Elevator and Escalator Sales in Volume by Country (2024-2029)
5.2.2 North America Elevator and Escalator Sales in Value by Country (2024-2029)
6 Europe Elevator and Escalator by Country
6.1 Europe Elevator and Escalator Historic Market Size by Country
6.1.1 Europe Elevator and Escalator Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Elevator and Escalator Sales in Volume by Country (2018-2023)
6.1.3 Europe Elevator and Escalator Sales in Value by Country (2018-2023)
6.2 Europe Elevator and Escalator Forecasted Market Size by Country
6.2.1 Europe Elevator and Escalator Sales in Volume by Country (2024-2029)
6.2.2 Europe Elevator and Escalator Sales in Value by Country (2024-2029)
7 Asia-Pacific Elevator and Escalator by Region
7.1 Asia-Pacific Elevator and Escalator Historic Market Size by Region
7.1.1 Asia-Pacific Elevator and Escalator Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Elevator and Escalator Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Elevator and Escalator Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Elevator and Escalator Forecasted Market Size by Region
7.2.1 Asia-Pacific Elevator and Escalator Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Elevator and Escalator Sales in Value by Region (2024-2029)
8 Latin America Elevator and Escalator by Country
8.1 Latin America Elevator and Escalator Historic Market Size by Country
8.1.1 Latin America Elevator and Escalator Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Elevator and Escalator Sales in Volume by Country (2018-2023)
8.1.3 Latin America Elevator and Escalator Sales in Value by Country (2018-2023)
8.2 Latin America Elevator and Escalator Forecasted Market Size by Country
8.2.1 Latin America Elevator and Escalator Sales in Volume by Country (2024-2029)
8.2.2 Latin America Elevator and Escalator Sales in Value by Country (2024-2029)
9 Middle East and Africa Elevator and Escalator by Country
9.1 Middle East and Africa Elevator and Escalator Historic Market Size by Country
9.1.1 Middle East and Africa Elevator and Escalator Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Elevator and Escalator Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Elevator and Escalator Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Elevator and Escalator Forecasted Market Size by Country
9.2.1 Middle East and Africa Elevator and Escalator Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Elevator and Escalator Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Otis
10.1.1 Otis Company Information
10.1.2 Otis Introduction and Business Overview
10.1.3 Otis Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Otis Elevator and Escalator Products Offered
10.1.5 Otis Recent Development
10.2 Schindler Group
10.2.1 Schindler Group Company Information
10.2.2 Schindler Group Introduction and Business Overview
10.2.3 Schindler Group Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Schindler Group Elevator and Escalator Products Offered
10.2.5 Schindler Group Recent Development
10.3 ThyssenKrupp
10.3.1 ThyssenKrupp Company Information
10.3.2 ThyssenKrupp Introduction and Business Overview
10.3.3 ThyssenKrupp Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ThyssenKrupp Elevator and Escalator Products Offered
10.3.5 ThyssenKrupp Recent Development
10.4 Kone
10.4.1 Kone Company Information
10.4.2 Kone Introduction and Business Overview
10.4.3 Kone Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Kone Elevator and Escalator Products Offered
10.4.5 Kone Recent Development
10.5 Mitsubishi Electric
10.5.1 Mitsubishi Electric Company Information
10.5.2 Mitsubishi Electric Introduction and Business Overview
10.5.3 Mitsubishi Electric Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mitsubishi Electric Elevator and Escalator Products Offered
10.5.5 Mitsubishi Electric Recent Development
10.6 Toshiba
10.6.1 Toshiba Company Information
10.6.2 Toshiba Introduction and Business Overview
10.6.3 Toshiba Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Toshiba Elevator and Escalator Products Offered
10.6.5 Toshiba Recent Development
10.7 Hitachi
10.7.1 Hitachi Company Information
10.7.2 Hitachi Introduction and Business Overview
10.7.3 Hitachi Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hitachi Elevator and Escalator Products Offered
10.7.5 Hitachi Recent Development
10.8 Fujitec
10.8.1 Fujitec Company Information
10.8.2 Fujitec Introduction and Business Overview
10.8.3 Fujitec Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Fujitec Elevator and Escalator Products Offered
10.8.5 Fujitec Recent Development
10.9 Hyundai
10.9.1 Hyundai Company Information
10.9.2 Hyundai Introduction and Business Overview
10.9.3 Hyundai Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hyundai Elevator and Escalator Products Offered
10.9.5 Hyundai Recent Development
10.10 Yungtay Engineering
10.10.1 Yungtay Engineering Company Information
10.10.2 Yungtay Engineering Introduction and Business Overview
10.10.3 Yungtay Engineering Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Yungtay Engineering Elevator and Escalator Products Offered
10.10.5 Yungtay Engineering Recent Development
10.11 Canny Elevator
10.11.1 Canny Elevator Company Information
10.11.2 Canny Elevator Introduction and Business Overview
10.11.3 Canny Elevator Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Canny Elevator Elevator and Escalator Products Offered
10.11.5 Canny Elevator Recent Development
10.12 Volkslift
10.12.1 Volkslift Company Information
10.12.2 Volkslift Introduction and Business Overview
10.12.3 Volkslift Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Volkslift Elevator and Escalator Products Offered
10.12.5 Volkslift Recent Development
10.13 Syney Elevator
10.13.1 Syney Elevator Company Information
10.13.2 Syney Elevator Introduction and Business Overview
10.13.3 Syney Elevator Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Syney Elevator Elevator and Escalator Products Offered
10.13.5 Syney Elevator Recent Development
10.14 Sicher Elevator
10.14.1 Sicher Elevator Company Information
10.14.2 Sicher Elevator Introduction and Business Overview
10.14.3 Sicher Elevator Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Sicher Elevator Elevator and Escalator Products Offered
10.14.5 Sicher Elevator Recent Development
10.15 SJEC
10.15.1 SJEC Company Information
10.15.2 SJEC Introduction and Business Overview
10.15.3 SJEC Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.15.4 SJEC Elevator and Escalator Products Offered
10.15.5 SJEC Recent Development
10.16 Guangri Elevator
10.16.1 Guangri Elevator Company Information
10.16.2 Guangri Elevator Introduction and Business Overview
10.16.3 Guangri Elevator Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Guangri Elevator Elevator and Escalator Products Offered
10.16.5 Guangri Elevator Recent Development
10.17 Hangzhou XiOlift
10.17.1 Hangzhou XiOlift Company Information
10.17.2 Hangzhou XiOlift Introduction and Business Overview
10.17.3 Hangzhou XiOlift Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Hangzhou XiOlift Elevator and Escalator Products Offered
10.17.5 Hangzhou XiOlift Recent Development
10.18 Edunburgh Elevator
10.18.1 Edunburgh Elevator Company Information
10.18.2 Edunburgh Elevator Introduction and Business Overview
10.18.3 Edunburgh Elevator Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Edunburgh Elevator Elevator and Escalator Products Offered
10.18.5 Edunburgh Elevator Recent Development
10.19 Suzhou Diao
10.19.1 Suzhou Diao Company Information
10.19.2 Suzhou Diao Introduction and Business Overview
10.19.3 Suzhou Diao Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Suzhou Diao Elevator and Escalator Products Offered
10.19.5 Suzhou Diao Recent Development
10.20 CNYD
10.20.1 CNYD Company Information
10.20.2 CNYD Introduction and Business Overview
10.20.3 CNYD Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.20.4 CNYD Elevator and Escalator Products Offered
10.20.5 CNYD Recent Development
10.21 Meilun Elevator
10.21.1 Meilun Elevator Company Information
10.21.2 Meilun Elevator Introduction and Business Overview
10.21.3 Meilun Elevator Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Meilun Elevator Elevator and Escalator Products Offered
10.21.5 Meilun Elevator Recent Development
10.22 IFE Elevators
10.22.1 IFE Elevators Company Information
10.22.2 IFE Elevators Introduction and Business Overview
10.22.3 IFE Elevators Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.22.4 IFE Elevators Elevator and Escalator Products Offered
10.22.5 IFE Elevators Recent Development
10.23 Joylive Elevator
10.23.1 Joylive Elevator Company Information
10.23.2 Joylive Elevator Introduction and Business Overview
10.23.3 Joylive Elevator Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.23.4 Joylive Elevator Elevator and Escalator Products Offered
10.23.5 Joylive Elevator Recent Development
10.24 Dongnan Elevator
10.24.1 Dongnan Elevator Company Information
10.24.2 Dongnan Elevator Introduction and Business Overview
10.24.3 Dongnan Elevator Elevator and Escalator Sales, Revenue and Gross Margin (2018-2023)
10.24.4 Dongnan Elevator Elevator and Escalator Products Offered
10.24.5 Dongnan Elevator Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Elevator and Escalator Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Elevator and Escalator Industrial Chain Analysis
11.4 Elevator and Escalator Market Dynamics
11.4.1 Elevator and Escalator Industry Trends
11.4.2 Elevator and Escalator Market Drivers
11.4.3 Elevator and Escalator Market Challenges
11.4.4 Elevator and Escalator Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Elevator and Escalator Distributors
12.3 Elevator and Escalator Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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