Global Elevators and Escalators Market Size, Share, Growth Analysis Report - Forecast 2034

Elevators and Escalators Market

Elevators and Escalators Market By Type (Elevators, Escalators, Moving Walkways), By Service (New installation, Maintenance & Repair, and Modernization), Elevator Technology (Traction, Machine-Room-Less, & Hydraulic), End-use Industry (Residential, Commercial, Institutional, Infrastructure, and Others), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034

Category: Heavy Industry Report Format : PDF Pages: 187 Report Code: ZMR-3427 Published Date: Apr-2025 Status : Published
Market Size in 2024 Market Forecast in 2034 CAGR (in %) Base Year
USD 161.99 Billion USD 304.07 Billion 6.5% 2024

 

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Elevators and Escalators Market, (2022 - 2028) (USD Billion )
    • 2.2 Global Elevators and Escalators Market : snapshot
  • Chapter 3. Global Elevators and Escalators Market - Industry Analysis
    • 3.1 Elevators and Escalators Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing necessity for minimizing the consumption of energy in buildings
    • 3.3 Market Restraints
      • 3.3.1. Increasing elevator and escalator accidents may restrain the market growth
    • 3.4 Market Opportunities
      • 3.4.1. Adoption of green building materials to bring growth opportunities for market expansion
    • 3.5 Market Challenges
      • 3.5.1. Strict regulations associated with escalators and elevators act as a challenge for market growth
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By Service
      • 3.7.3 Market attractiveness analysis By Elevator Technology
      • 3.7.4 Market attractiveness analysis By End User
  • Chapter 4. Global Elevators and Escalators Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Elevators and Escalators Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Elevators and Escalators Market - Type Analysis
    • 5.1 Global Elevators and Escalators Market overview: By Type
      • 5.1.1 Global Elevators and Escalators Market share, By Type, 2021 and 2028
    • 5.2 Elevator
      • 5.2.1 Global Elevators and Escalators Market by Elevator, 2022 - 2028 (USD Billion )
    • 5.3 Escalator
      • 5.3.1 Global Elevators and Escalators Market by Escalator, 2022 - 2028 (USD Billion )
    • 5.4 Moving Walkways
      • 5.4.1 Global Elevators and Escalators Market by Moving Walkways, 2022 - 2028 (USD Billion )
  • Chapter 6. Global Elevators and Escalators Market - Service Analysis
    • 6.1 Global Elevators and Escalators Market overview: By Service
      • 6.1.1 Global Elevators and Escalators Market share, By Service, 2021 and 2028
    • 6.2 New installation
      • 6.2.1 Global Elevators and Escalators Market by New installation, 2022 - 2028 (USD Billion )
    • 6.3 Maintenance & repair
      • 6.3.1 Global Elevators and Escalators Market by Maintenance & repair, 2022 - 2028 (USD Billion )
    • 6.4 Modernization
      • 6.4.1 Global Elevators and Escalators Market by Modernization, 2022 - 2028 (USD Billion )
  • Chapter 7. Global Elevators and Escalators Market - Elevator Technology Analysis
    • 7.1 Global Elevators and Escalators Market overview: By Elevator Technology
      • 7.1.1 Global Elevators and Escalators Market share, By Elevator Technology, 2021 and 2028
    • 7.2 Traction elevator
      • 7.2.1 Global Elevators and Escalators Market by Traction elevator, 2022 - 2028 (USD Billion )
    • 7.3 Machine room less traction elevator
      • 7.3.1 Global Elevators and Escalators Market by Machine room less traction elevator, 2022 - 2028 (USD Billion )
    • 7.4 Hydraulic
      • 7.4.1 Global Elevators and Escalators Market by Hydraulic, 2022 - 2028 (USD Billion )
  • Chapter 8. Global Elevators and Escalators Market - End User Analysis
    • 8.1 Global Elevators and Escalators Market overview: By End User
      • 8.1.1 Global Elevators and Escalators Market share, By End User , 2021 and 2028
    • 8.2 Residential
      • 8.2.1 Global Elevators and Escalators Market by Residential, 2022 - 2028 (USD Billion )
    • 8.3 Commercial
      • 8.3.1 Global Elevators and Escalators Market by Commercial, 2022 - 2028 (USD Billion )
    • 8.4 Institutional
      • 8.4.1 Global Elevators and Escalators Market by Institutional, 2022 - 2028 (USD Billion )
    • 8.5 Infrastructure
      • 8.5.1 Global Elevators and Escalators Market by Infrastructure, 2022 - 2028 (USD Billion )
    • 8.6 Others
      • 8.6.1 Global Elevators and Escalators Market by Others, 2022 - 2028 (USD Billion )
  • Chapter 9. Elevators and Escalators Market - Regional Analysis
    • 9.1 Global Elevators and Escalators Market Regional Overview
    • 9.2 Global Elevators and Escalators Market Share, by Region, 2021 & 2028 (USD Billion )
    • 9.3. North America
      • 9.3.1 North America Elevators and Escalators Market, 2022 - 2028 (USD Billion )
        • 9.3.1.1 North America Elevators and Escalators Market, by Country, 2022 - 2028 (USD Billion )
    • 9.4 North America Elevators and Escalators Market, by Type, 2022 - 2028
      • 9.4.1 North America Elevators and Escalators Market, by Type, 2022 - 2028 (USD Billion )
    • 9.5 North America Elevators and Escalators Market, by Service, 2022 - 2028
      • 9.5.1 North America Elevators and Escalators Market, by Service, 2022 - 2028 (USD Billion )
    • 9.6 North America Elevators and Escalators Market, by Elevator Technology, 2022 - 2028
      • 9.6.1 North America Elevators and Escalators Market, by Elevator Technology, 2022 - 2028 (USD Billion )
    • 9.7 North America Elevators and Escalators Market, by End User , 2022 - 2028
      • 9.7.1 North America Elevators and Escalators Market, by End User , 2022 - 2028 (USD Billion )
    • 9.4. Europe
      • 9.4.2 Europe Elevators and Escalators Market, 2022 - 2028 (USD Billion )
        • 9.4.2.1 Europe Elevators and Escalators Market, by Country, 2022 - 2028 (USD Billion )
    • 9.4 Europe Elevators and Escalators Market, by Type, 2022 - 2028
      • 9.4.1 Europe Elevators and Escalators Market, by Type, 2022 - 2028 (USD Billion )
    • 9.5 Europe Elevators and Escalators Market, by Service, 2022 - 2028
      • 9.5.1 Europe Elevators and Escalators Market, by Service, 2022 - 2028 (USD Billion )
    • 9.6 Europe Elevators and Escalators Market, by Elevator Technology, 2022 - 2028
      • 9.6.1 Europe Elevators and Escalators Market, by Elevator Technology, 2022 - 2028 (USD Billion )
    • 9.7 Europe Elevators and Escalators Market, by End User , 2022 - 2028
      • 9.7.1 Europe Elevators and Escalators Market, by End User , 2022 - 2028 (USD Billion )
    • 9.5. Asia Pacific
      • 9.5.3 Asia Pacific Elevators and Escalators Market, 2022 - 2028 (USD Billion )
        • 9.5.3.1 Asia Pacific Elevators and Escalators Market, by Country, 2022 - 2028 (USD Billion )
    • 9.4 Asia Pacific Elevators and Escalators Market, by Type, 2022 - 2028
      • 9.4.1 Asia Pacific Elevators and Escalators Market, by Type, 2022 - 2028 (USD Billion )
    • 9.5 Asia Pacific Elevators and Escalators Market, by Service, 2022 - 2028
      • 9.5.1 Asia Pacific Elevators and Escalators Market, by Service, 2022 - 2028 (USD Billion )
    • 9.6 Asia Pacific Elevators and Escalators Market, by Elevator Technology, 2022 - 2028
      • 9.6.1 Asia Pacific Elevators and Escalators Market, by Elevator Technology, 2022 - 2028 (USD Billion )
    • 9.7 Asia Pacific Elevators and Escalators Market, by End User , 2022 - 2028
      • 9.7.1 Asia Pacific Elevators and Escalators Market, by End User , 2022 - 2028 (USD Billion )
    • 9.6. Latin America
      • 9.6.4 Latin America Elevators and Escalators Market, 2022 - 2028 (USD Billion )
        • 9.6.4.1 Latin America Elevators and Escalators Market, by Country, 2022 - 2028 (USD Billion )
    • 9.4 Latin America Elevators and Escalators Market, by Type, 2022 - 2028
      • 9.4.1 Latin America Elevators and Escalators Market, by Type, 2022 - 2028 (USD Billion )
    • 9.5 Latin America Elevators and Escalators Market, by Service, 2022 - 2028
      • 9.5.1 Latin America Elevators and Escalators Market, by Service, 2022 - 2028 (USD Billion )
    • 9.6 Latin America Elevators and Escalators Market, by Elevator Technology, 2022 - 2028
      • 9.6.1 Latin America Elevators and Escalators Market, by Elevator Technology, 2022 - 2028 (USD Billion )
    • 9.7 Latin America Elevators and Escalators Market, by End User , 2022 - 2028
      • 9.7.1 Latin America Elevators and Escalators Market, by End User , 2022 - 2028 (USD Billion )
    • 9.7. The Middle-East and Africa
      • 9.7.5 The Middle-East and Africa Elevators and Escalators Market, 2022 - 2028 (USD Billion )
        • 9.7.5.1 The Middle-East and Africa Elevators and Escalators Market, by Country, 2022 - 2028 (USD Billion )
    • 9.4 The Middle-East and Africa Elevators and Escalators Market, by Type, 2022 - 2028
      • 9.4.1 The Middle-East and Africa Elevators and Escalators Market, by Type, 2022 - 2028 (USD Billion )
    • 9.5 The Middle-East and Africa Elevators and Escalators Market, by Service, 2022 - 2028
      • 9.5.1 The Middle-East and Africa Elevators and Escalators Market, by Service, 2022 - 2028 (USD Billion )
    • 9.6 The Middle-East and Africa Elevators and Escalators Market, by Elevator Technology, 2022 - 2028
      • 9.6.1 The Middle-East and Africa Elevators and Escalators Market, by Elevator Technology, 2022 - 2028 (USD Billion )
    • 9.7 The Middle-East and Africa Elevators and Escalators Market, by End User , 2022 - 2028
      • 9.7.1 The Middle-East and Africa Elevators and Escalators Market, by End User , 2022 - 2028 (USD Billion )
  • Chapter 10. Company Profiles
    • 10.1 Hitachi Ltd.
      • 10.1.1 Overview
      • 10.1.2 Financials
      • 10.1.3 Product Portfolio
      • 10.1.4 Business Strategy
      • 10.1.5 Recent Developments
    • 10.2 KONE Corporation
      • 10.2.1 Overview
      • 10.2.2 Financials
      • 10.2.3 Product Portfolio
      • 10.2.4 Business Strategy
      • 10.2.5 Recent Developments
    • 10.3 Thyssenkrupp AG
      • 10.3.1 Overview
      • 10.3.2 Financials
      • 10.3.3 Product Portfolio
      • 10.3.4 Business Strategy
      • 10.3.5 Recent Developments
    • 10.4 Otis Elevator
      • 10.4.1 Overview
      • 10.4.2 Financials
      • 10.4.3 Product Portfolio
      • 10.4.4 Business Strategy
      • 10.4.5 Recent Developments
    • 10.5 Schindler Group
      • 10.5.1 Overview
      • 10.5.2 Financials
      • 10.5.3 Product Portfolio
      • 10.5.4 Business Strategy
      • 10.5.5 Recent Developments
    • 10.6 Toshiba Corporation
      • 10.6.1 Overview
      • 10.6.2 Financials
      • 10.6.3 Product Portfolio
      • 10.6.4 Business Strategy
      • 10.6.5 Recent Developments
    • 10.7 FUJITEC CO.
      • 10.7.1 Overview
      • 10.7.2 Financials
      • 10.7.3 Product Portfolio
      • 10.7.4 Business Strategy
      • 10.7.5 Recent Developments
    • 10.8 LTD
      • 10.8.1 Overview
      • 10.8.2 Financials
      • 10.8.3 Product Portfolio
      • 10.8.4 Business Strategy
      • 10.8.5 Recent Developments
    • 10.9 Johnson Elevator Co.
      • 10.9.1 Overview
      • 10.9.2 Financials
      • 10.9.3 Product Portfolio
      • 10.9.4 Business Strategy
      • 10.9.5 Recent Developments
    • 10.10 Ltd.
      • 10.10.1 Overview
      • 10.10.2 Financials
      • 10.10.3 Product Portfolio
      • 10.10.4 Business Strategy
      • 10.10.5 Recent Developments
    • 10.11 Mitsubishi Electric Corporation
      • 10.11.1 Overview
      • 10.11.2 Financials
      • 10.11.3 Product Portfolio
      • 10.11.4 Business Strategy
      • 10.11.5 Recent Developments
    • 10.12 and HYUNDAIELEVATOR CO.
      • 10.12.1 Overview
      • 10.12.2 Financials
      • 10.12.3 Product Portfolio
      • 10.12.4 Business Strategy
      • 10.12.5 Recent Developments
    • 10.13 LTD. among others.
      • 10.13.1 Overview
      • 10.13.2 Financials
      • 10.13.3 Product Portfolio
      • 10.13.4 Business Strategy
      • 10.13.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Elevators and Escalators Market, 2022 - 2028 (USD Billion )
  • 4. Porter’s Five Forces Analysis
  • 5. Global Elevators and Escalators Market attractiveness, By Type
  • 6. Global Elevators and Escalators Market attractiveness, By Service
  • 7. Global Elevators and Escalators Market attractiveness, By Elevator Technology
  • 8. Global Elevators and Escalators Market attractiveness, By End User
  • 9. Global Elevators and Escalators Market share by Type, 2022 and 2028 (USD Billion )
  • 10. Global Elevators and Escalators Market by Elevator, 2022 - 2028 (USD Billion )
  • 11. Global Elevators and Escalators Market by Escalator, 2022 - 2028 (USD Billion )
  • 12. Global Elevators and Escalators Market by Moving Walkways, 2022 - 2028 (USD Billion )
  • 13. Global Elevators and Escalators Market share by Service, 2022 and 2028 (USD Billion )
  • 14. Global Elevators and Escalators Market by New installation, 2022 - 2028 (USD Billion )
  • 15. Global Elevators and Escalators Market by Maintenance & repair, 2022 - 2028 (USD Billion )
  • 16. Global Elevators and Escalators Market by Modernization, 2022 - 2028 (USD Billion )
  • 17. Global Elevators and Escalators Market share by Elevator Technology, 2022 and 2028 (USD Billion )
  • 18. Global Elevators and Escalators Market by Traction elevator, 2022 - 2028 (USD Billion )
  • 19. Global Elevators and Escalators Market by Machine room less traction elevator, 2022 - 2028 (USD Billion )
  • 20. Global Elevators and Escalators Market by Hydraulic, 2022 - 2028 (USD Billion )
  • 21. Global Elevators and Escalators Market share by End User , 2022 and 2028 (USD Billion )
  • 22. Global Elevators and Escalators Market by Residential, 2022 - 2028 (USD Billion )
  • 23. Global Elevators and Escalators Market by Commercial, 2022 - 2028 (USD Billion )
  • 24. Global Elevators and Escalators Market by Institutional, 2022 - 2028 (USD Billion )
  • 25. Global Elevators and Escalators Market by Infrastructure, 2022 - 2028 (USD Billion )
  • 26. Global Elevators and Escalators Market by Others, 2022 - 2028 (USD Billion )
  • 27. Global Elevators and Escalators Market share, by Region, 2022 and 2028
  • 28. North America Elevators and Escalators Market, 2022 - 2028 (USD Billion )
  • 29. Europe Elevators and Escalators Market, 2022 - 2028 (USD Billion )
  • 30. Asia Pacific Elevators and Escalators Market, 2022 - 2028 (USD Billion )
  • 31. Latin America Elevators and Escalators Market, 2022 - 2028 (USD Billion )
  • 32. The Middle-East and Africa Elevators and Escalators Market, 2022 - 2028 (USD Billion )

Table Of Tables

  • 1. Global Elevators and Escalators Market: Snapshot
  • 2. Drivers of the Elevators and Escalators Market: impact analysis
  • 3. North America Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 4. North America Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 5. North America Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 6. North America Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 7. U.S. Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 8. U.S. Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 9. U.S. Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 10. U.S. Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 11. Canada Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 12. Canada Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 13. Canada Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 14. Canada Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 15. Europe Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 16. Europe Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 17. Europe Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 18. Europe Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 19. Germany Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 20. Germany Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 21. Germany Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 22. Germany Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 23. France Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 24. France Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 25. France Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 26. France Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 27. U.K. Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 28. U.K. Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 29. U.K. Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 30. U.K. Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 31. Italy Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 32. Italy Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 33. Italy Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 34. Italy Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 35. Spain Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 36. Spain Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 37. Spain Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 38. Spain Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 39. Rest of Europe Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 40. Rest of Europe Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 41. Rest of Europe Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 42. Rest of Europe Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 43. Asia Pacific Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 44. Asia Pacific Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 45. Asia Pacific Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 46. Asia Pacific Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 47. China Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 48. China Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 49. China Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 50. China Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 51. Japan Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 52. Japan Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 53. Japan Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 54. Japan Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 55. India Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 56. India Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 57. India Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 58. India Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 59. South Korea Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 60. South Korea Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 61. South Korea Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 62. South Korea Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 63. South-East Asia Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 64. South-East Asia Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 65. South-East Asia Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 66. South-East Asia Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 67. Rest of Asia Pacific Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 68. Rest of Asia Pacific Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 69. Rest of Asia Pacific Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 70. Rest of Asia Pacific Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 71. Latin America Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 72. Latin America Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 73. Latin America Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 74. Latin America Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 75. Brazil Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 76. Brazil Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 77. Brazil Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 78. Brazil Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 79. Mexico Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 80. Mexico Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 81. Mexico Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 82. Mexico Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 83. Rest of Latin America Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 84. Rest of Latin America Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 85. Rest of Latin America Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 86. Rest of Latin America Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 87. The Middle-East and Africa Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 88. The Middle-East and Africa Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 89. The Middle-East and Africa Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 90. The Middle-East and Africa Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 91. GCC Countries Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 92. GCC Countries Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 93. GCC Countries Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 94. GCC Countries Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 95. South Africa Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 96. South Africa Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 97. South Africa Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 98. South Africa Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )
  • 99. Rest of Middle-East Africa Elevators and Escalators Market revenue, By Type, 2022 - 2028 (USD Billion )
  • 100. Rest of Middle-East Africa Elevators and Escalators Market revenue, By Service, 2022 - 2028 (USD Billion )
  • 101. Rest of Middle-East Africa Elevators and Escalators Market revenue, By Elevator Technology, 2022 - 2028 (USD Billion )
  • 102. Rest of Middle-East Africa Elevators and Escalators Market revenue, By End User , 2022 - 2028 (USD Billion )

Methodology

FrequentlyAsked Questions

Elevators and escalators are mechanical systems used for vertical and inclined transportation within buildings. Elevators move people or goods between floors using a cab and lifting mechanism, while escalators are moving staircases that transport people up or down continuously.
The global elevators and escalators market is expected to grow due to rising construction of high-rise buildings, and the growing demand for accessibility and efficient vertical transportation in both residential and commercial sectors.
According to a study, the global elevators and escalators market size was worth around USD 161.99 Billion in 2024 and is expected to reach USD 304.07 Billion by 2034.
The global elevators and escalators market is expected to grow at a CAGR of 6.5% during the forecast period.
Asia-Pacific is expected to dominate the elevators and escalators market over the forecast period.
Leading players in the global elevators and escalators market include Hitachi Ltd, KONE Corporation, Thyssenkrupp AG, Otis Elevator, Schindler Group, Toshiba Corporation, FUJITEC CO LTD, Johnson Elevator Co Ltd, Mitsubishi Electric Corporation, and HYUNDAIELEVATOR CO LTD, among others.
The report explores crucial aspects of the elevators and escalators market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.

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