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Elevator and Escalator Global Market Report 2025
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Published : January 2026

Pages : 200

Format : PDF

Delivery Time : 2-3 Business Days

Report Price : $4490.00

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Elevator and Escalator Market Report 2026

Global Outlook – By Product (Elevators, Escalators, Moving Walkway ), By Business (New Equipment, Maintenance, Modernization), By Elevator Technology (Traction Elevator, Machine Room Less Traction Elevator, Hydraulic), By End User (Residential, Commercial, Institutional, Infrastructure, Other End Users) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Elevator and Escalator Market Overview

• Elevator and Escalator market size has reached to $124.87 billion in 2025

• Expected to grow to $183.24 billion in 2030 at a compound annual growth rate (CAGR) of 8%

• Growth Driver: Elevator And Escalator Market Set To Soar With Surge In Infrastructure Investments

• Market Trend: Smart, Connected Elevators for the Future of Urban Buildings

• Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Elevator and Escalator Market?

An elevator refers to a room-type machine that can accommodate some people at one time depending on its capacity. Escalators are moving stairs that carry people between different building levels. Elevators and escalators are mostly used in buildings to carry both passengers and freight up and down across various levels of a building.

The main types of elevators and escalators are elevators, escalators, and moving walkways. The escalators refer to a belt which is a moving staircase that carries people between floors of a building or structure. The different businesses include new equipment, maintenance, and modernization and involve several technologies, such as elevator technology, traction elevators, machine roomless traction elevators, and hydraulics. It is employed in residential, commercial, institutional, infrastructure, and other end users.

Elevator and Escalator market report bar graph

What Is The Elevator and Escalator Market Size and Share 2026?

The elevator and escalator market size has grown strongly in recent years. It will grow from $124.87 billion in 2025 to $134.81 billion in 2026 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to urbanization and high-rise construction growth, expansion of commercial real estate projects, increasing investments in public infrastructure, rising demand for vertical transportation, availability of advanced traction technologies.

What Is The Elevator and Escalator Market Growth Forecast?

The elevator and escalator market size is expected to see strong growth in the next few years. It will grow to $183.24 billion in 2030 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to increasing smart city developments, growing demand for touchless elevator systems, expansion of green building initiatives, rising focus on remote monitoring solutions, increasing modernization of aging infrastructure. Major trends in the forecast period include increasing adoption of smart elevators with predictive maintenance, rising demand for energy-efficient escalator systems, growing integration of destination control technologies, expansion of modernization and retrofit services, enhanced focus on passenger safety systems.

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Tariff Impact On Elevator and Escalator Market

Tariffs are affecting the elevator and escalator market by increasing costs for imported traction systems, control panels, motors, steel components, and electronic safety devices. T

Global Elevator and Escalator Market Segmentation

1) By Product: Elevators, Escalators, Moving Walkway

2) By Business: New Equipment, Maintenance, Modernization

3) By Elevator Technology: Traction Elevator, Machine Room Less Traction Elevator, Hydraulic

4) By End User: Residential, Commercial, Institutional, Infrastructure, Other End Users

Subsegments:

1) By Elevators: Passenger Elevators, Freight Elevators, Service Elevators, Dumbwaiters

2) By Escalators: Commercial Escalators, Industrial Escalators, Escalators for Public Transport

3) By Moving Walkways: Parallel Moving Walkways, Inclined Moving Walkways, Automated Walkways

What Is The Driver Of The Elevator and Escalator Market?

The increase in infrastructure investment is expected to propel the growth of the elevator and escalator market going forward. Infrastructure refers to the construction of real assets such as bridges, roads, and buildings. With the increasing heights of buildings, the requirement for elevators and escalators has also increased, to save time and provide effectiveness for people. For instance, in September 2024, according to the US Census Bureau, a US-based government agency, construction spending was estimated at a seasonally adjusted annual rate of $2,162.7 billion in July 2024, marking a 6.7 percent increase (±1.8 percent) compared to the $2,027.4 billion spent in July 2023. Additionally, total public construction increased to $270,803 million in July 2024 compared to $243,948 in 2023. Therefore, the increase in infrastructure investments is driving the growth of the elevator and escalator markets.

What Is The Driver Of The Elevator and Escalator Market?

The increase in infrastructure investment is expected to propel the growth of the elevator and escalator market going forward. Infrastructure refers to the construction of real assets such as bridges, roads, and buildings. With the increasing heights of buildings, the requirement for elevators and escalators has also increased, to save time and provide effectiveness for people. For instance, in September 2024, according to the US Census Bureau, a US-based government agency, construction spending was estimated at a seasonally adjusted annual rate of $2,162.7 billion in July 2024, marking a 6.7 percent increase (±1.8 percent) compared to the $2,027.4 billion spent in July 2023. Additionally, total public construction increased to $270,803 million in July 2024 compared to $243,948 in 2023. Therefore, the increase in infrastructure investments is driving the growth of the elevator and escalator markets.

Global Elevator and Escalator Market Trends and Insights

Major companies operating in the elevator and escalator market are focusing on developing technological innovations, such as digitally connected elevators, to provide enhanced user experiences and improve operational efficiency in modern buildings. Digitally connected elevators refer to elevators integrated with advanced digital technologies, such as the Internet of Things (IoT), cloud computing, and artificial intelligence (AI), to enhance their functionality, safety, and efficiency. For instance, in December 2024, KONE India, an India-based manufacturing company, launched the KONE I MonoSpace SMART, KONE I MiniSpace SMART, and KONE A MonoSpace SMART elevators. These new elevators are fully compliant with the latest Indian safety standard, IS 17900, using advanced PESSRAL safety controllers with dual-channel redundancy and tamper-proof modules for enhanced user safety. They also offer energy-efficient operation through optional regenerative drives that can recycle up to 30% of energy, plus LED lighting and standby modes that can deliver up to 90% energy savings during idle times.

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What Are Latest Mergers And Acquisitions In The Elevator and Escalator Market?

In April 2025, Mitsubishi Electric Corp., a Japan-based multinational electronics and electrical equipment company, acquired Ascension Lifts, for an undisclosed amount. With this acquisition, Mitsubishi Electric aims to expand its global elevator and escalator business, strengthen its technological capabilities in vertical transportation solutions, enhance service offerings in the European market, and accelerate the development of innovative, energy-efficient lift systems. Ascension Lifts is an Ireland-based elevator company specializes in the design, manufacturing, and installation of elevators and related vertical transportation solutions.

Regional Outlook

Asia-Pacific was the largest region in the elevator and escalator market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Elevator and Escalator Market?

The elevator and escalator market consists of sales of step-type elevators, belt-type elevators, cleat-type elevators, spiral elevators, and vacuums among others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Elevator and Escalator Market Report 2026?

The elevator and escalator market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the elevator and escalator industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Girish Kavali

Elevator and Escalator Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $134.81 billion
Revenue Forecast In 2035 $183.24 billion
Growth Rate CAGR of 8.0% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Product, Business, Elevator Technology, End User
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Schindler Group, Otis Worldwide Corporation, KONE Corporation, Hitachi Ltd, Mitsubishi Electric Corporation, Toshiba Corporation, Fujitec Co. Ltd, Hyundai Elevator Ltd, Canny Elevator Co. Ltd., WINONE Elevator Co. Ltd, Symax Lift (China) Co. Ltd, Nantong Fuji Elevator Co. Ltd, Ningbo Hosting Elevator Co. Ltd, General Elevator Co. Ltd, SAIL Intelligent Elevator (Suzhou) Co. Ltd, Huzhou Fuji Elevator Co. Ltd, Suzhou Towards Elevator Co. Ltd, SEPL India Ltd, Orbis Elevator, IEC LIFTS, IFE Elevators Co. Ltd, Expert Lift Ltd, Liftronic, Brilliant Lifts Australia, Orbitz Elevators, Yusaki Elevator, Blue Star Elevators, Omega-Elevators, Escon Elevators Pvt. Ltd, Sanei Manufacturing Co. Ltd, Vintec Elevator, Thyssenkrupp AG, Schmitt + Sohn, Delta Elevator Co. Ltd, AVT Beckett Elevators, True Canadian Elevator, Alphalift Ltd., Arabian Elevators & Engineering Co. LLC, Gulf Tech Elevators LLC, Orient Lines Elevators, HAUSLIFT, Logan Davex, Trent Park Engineering
Customization ScopeRequest for Customization
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Elevator and Escalator Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Elevator and Escalator Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Elevator and Escalator Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Elevator and Escalator Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Industry 4.0 & Intelligent Manufacturing

4.1.2 Internet Of Things (Iot), Smart Infrastructure & Connected Ecosystems

4.1.3 Sustainability, Climate Tech & Circular Economy

4.1.4 Digitalization, Cloud, Big Data & Cybersecurity

4.1.5 Autonomous Systems, Robotics & Smart Mobility

4.2. Major Trends

4.2.1 Increasing Adoption Of Smart Elevators With Predictive Maintenance

4.2.2 Rising Demand For Energy-Efficient Escalator Systems

4.2.3 Growing Integration Of Destination Control Technologies

4.2.4 Expansion Of Modernization And Retrofit Services

4.2.5 Enhanced Focus On Passenger Safety Systems

5. Elevator and Escalator Market Analysis Of End Use Industries

5.1 Residential Developers

5.2 Commercial Building Owners

5.3 Infrastructure Authorities

5.4 Hospitals And Institutions

5.5 Transportation Hubs

6. Elevator and Escalator Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Elevator and Escalator Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Elevator and Escalator PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Elevator and Escalator Market Size, Comparisons And Growth Rate Analysis

7.3. Global Elevator and Escalator Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Elevator and Escalator Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Elevator and Escalator Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Elevator and Escalator Market Segmentation

9.1. Global Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Elevators, Escalators, Moving Walkway

9.2. Global Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

New Equipment, Maintenance, Modernization

9.3. Global Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Traction Elevator, Machine Room Less Traction Elevator, Hydraulic

9.4. Global Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Residential, Commercial, Institutional, Infrastructure, Other End Users

9.5. Global Elevator and Escalator Market, Sub-Segmentation Of Elevators, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Passenger Elevators, Freight Elevators, Service Elevators, Dumbwaiters

9.6. Global Elevator and Escalator Market, Sub-Segmentation Of Escalators, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Commercial Escalators, Industrial Escalators, Escalators for Public Transport

9.7. Global Elevator and Escalator Market, Sub-Segmentation Of Moving Walkways, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Parallel Moving Walkways, Inclined Moving Walkways, Automated Walkways

10. Elevator and Escalator Market Regional And Country Analysis

10.1. Global Elevator and Escalator Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Elevator and Escalator Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Elevator and Escalator Market

11.1. Asia-Pacific Elevator and Escalator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Elevator and Escalator Market

12.1. China Elevator and Escalator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Elevator and Escalator Market

13.1. India Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Elevator and Escalator Market

14.1. Japan Elevator and Escalator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Elevator and Escalator Market

15.1. Australia Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Elevator and Escalator Market

16.1. Indonesia Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Elevator and Escalator Market

17.1. South Korea Elevator and Escalator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Elevator and Escalator Market

18.1. Taiwan Elevator and Escalator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Elevator and Escalator Market

19.1. South East Asia Elevator and Escalator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Elevator and Escalator Market

20.1. Western Europe Elevator and Escalator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Elevator and Escalator Market

21.1. UK Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Elevator and Escalator Market

22.1. Germany Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Elevator and Escalator Market

23.1. France Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Elevator and Escalator Market

24.1. Italy Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Elevator and Escalator Market

25.1. Spain Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Elevator and Escalator Market

26.1. Eastern Europe Elevator and Escalator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Elevator and Escalator Market

27.1. Russia Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Elevator and Escalator Market

28.1. North America Elevator and Escalator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Elevator and Escalator Market

29.1. USA Elevator and Escalator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Elevator and Escalator Market

30.1. Canada Elevator and Escalator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Elevator and Escalator Market

31.1. South America Elevator and Escalator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Elevator and Escalator Market

32.1. Brazil Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Elevator and Escalator Market

33.1. Middle East Elevator and Escalator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Elevator and Escalator Market

34.1. Africa Elevator and Escalator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Elevator and Escalator Market, Segmentation By Product, Segmentation By Business, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Elevator and Escalator Market Regulatory and Investment Landscape

36. Elevator and Escalator Market Competitive Landscape And Company Profiles

36.1. Elevator and Escalator Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Elevator and Escalator Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Elevator and Escalator Market Company Profiles

36.3.1. Schindler Group Overview, Products and Services, Strategy and Financial Analysis

36.3.2. Otis Worldwide Corporation Overview, Products and Services, Strategy and Financial Analysis

36.3.3. KONE Corporation Overview, Products and Services, Strategy and Financial Analysis

36.3.4. Hitachi Ltd Overview, Products and Services, Strategy and Financial Analysis

36.3.5. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis

37. Elevator and Escalator Market Other Major And Innovative Companies

Toshiba Corporation, Fujitec Co. Ltd, Hyundai Elevator Ltd, Canny Elevator Co. Ltd., WINONE Elevator Co. Ltd, Symax Lift (China) Co. Ltd, Nantong Fuji Elevator Co. Ltd, Ningbo Hosting Elevator Co. Ltd, General Elevator Co. Ltd, SAIL Intelligent Elevator (Suzhou) Co. Ltd, Huzhou Fuji Elevator Co. Ltd, Suzhou Towards Elevator Co. Ltd, SEPL India Ltd, Orbis Elevator, IEC LIFTS

38. Global Elevator and Escalator Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Elevator and Escalator Market

40. Elevator and Escalator Market High Potential Countries, Segments and Strategies

40.1 Elevator and Escalator Market In 2030 - Countries Offering Most New Opportunities

40.2 Elevator and Escalator Market In 2030 - Segments Offering Most New Opportunities

40.3 Elevator and Escalator Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Elevator and Escalator Market, Overview Of Key Products - Product Examples
  • Table 2: Global Elevator and Escalator Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Elevator and Escalator Market, Supply Chain Analysis
  • Table 4: Global Elevator and Escalator Market, Major Raw Material Providers
  • Table 5: Global Elevator and Escalator Market, Major Resource Providers
  • Table 6: Global Elevator and Escalator Market, Major Manufacturers (Suppliers)
  • Table 7: Global Elevator and Escalator Market, Major Distributors And Channel Partners
  • Table 8: Global Elevator and Escalator Market, Key Technologies & Future Trends
  • Table 9: Global Elevator and Escalator Market, Major Trends
  • Table 10: Global Elevator and Escalator Market, Major End Users
  • Table 11: Global Elevator and Escalator Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Elevator and Escalator Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Elevator and Escalator Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Elevator and Escalator Market - TAM, US$ Billion, 2025
  • Table 15: Global Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Elevator and Escalator Market, Sub-Segmentation Of Elevators, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Elevator and Escalator Market, Sub-Segmentation Of Escalators, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Elevator and Escalator Market, Sub-Segmentation Of Moving Walkways, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Global Elevator and Escalator Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Global Elevator and Escalator Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Asia-Pacific, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: Asia-Pacific, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: Asia-Pacific, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: China, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: China, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: China, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: India, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: India, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: India, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: Japan, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: Japan, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: Japan, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: Australia, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: Australia, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: Australia, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Indonesia, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: Indonesia, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: Indonesia, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: South Korea, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: South Korea, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: South Korea, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: Taiwan, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: Taiwan, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: Taiwan, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: South East Asia, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: South East Asia, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: South East Asia, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: Western Europe, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: Western Europe, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: Western Europe, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: UK, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: UK, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: UK, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: Germany, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: Germany, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: Germany, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: France, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: France, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: France, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: Italy, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: Italy, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Italy, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: Spain, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: Spain, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: Spain, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Eastern Europe, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Eastern Europe, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Eastern Europe, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Russia, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: Russia, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: Russia, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: North America, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: North America, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: North America, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: USA, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: USA, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: USA, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: Canada, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: Canada, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: Canada, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: South America, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: South America, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: South America, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: Brazil, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: Brazil, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Brazil, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: Middle East, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: Middle East, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: Middle East, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Africa, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Africa, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 95: Africa, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 96: Global Elevator and Escalator Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 97: Global Elevator and Escalator Market - Company Scoring Matrix
  • Table 98: Schindler Group Financial Performance
  • Table 99: Otis Worldwide Corporation Financial Performance
  • Table 100: KONE Corporation Financial Performance
  • Table 101: Hitachi Ltd Financial Performance
  • Table 102: Mitsubishi Electric Corporation Financial Performance
  • Table 103: Global Elevator and Escalator Market, Competitive Benchmarking (In USD Billions)
  • Table 104: Global Elevator and Escalator Market, Competitive Dashboard
  • Table 105: Global Elevator and Escalator Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 106: Global, Elevator and Escalator Market Size Gain ($ Billion), Segmentation By Product, 2025 – 2030
  • Table 107: Global, Elevator and Escalator Market Size Gain ($ Billion), Segmentation By Business, 2025 – 2030
  • Table 108: Global, Elevator and Escalator Market Size Gain ($ Billion), Segmentation By Elevator Technology, 2025 – 2030

List Of Figures

    Figure 1: Global Elevator and Escalator Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Elevator and Escalator Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Elevator and Escalator Market, Supply Chain Analysis
  • Figure 4: Global Elevator and Escalator Market, Major Raw Material Providers
  • Figure 5: Global Elevator and Escalator Market, Major Resource Providers
  • Figure 6: Global Elevator and Escalator Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Elevator and Escalator Market, Major Distributors And Channel Partners
  • Figure 8: Global Elevator and Escalator Market, Key Technologies & Future Trends
  • Figure 9: Global Elevator and Escalator Market, Major Trends
  • Figure 10: Global Elevator and Escalator Market, Major End Users
  • Figure 11: Global Elevator and Escalator Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Elevator and Escalator Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Elevator and Escalator Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Elevator and Escalator Market - TAM, US$ Billion, 2025
  • Figure 15: Global Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Elevator and Escalator Market, Sub-Segmentation Of Elevators, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Elevator and Escalator Market, Sub-Segmentation Of Escalators, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Elevator and Escalator Market, Sub-Segmentation Of Moving Walkways, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Global Elevator and Escalator Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Global Elevator and Escalator Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Asia-Pacific, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: Asia-Pacific, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: Asia-Pacific, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: China, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: China, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: China, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: India, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: India, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: India, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: Japan, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: Japan, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: Japan, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: Australia, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: Australia, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: Australia, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Indonesia, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: Indonesia, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: Indonesia, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: South Korea, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: South Korea, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: South Korea, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: Taiwan, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: Taiwan, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: Taiwan, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: South East Asia, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: South East Asia, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: South East Asia, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: Western Europe, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: Western Europe, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: Western Europe, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: UK, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: UK, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: UK, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: Germany, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: Germany, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: Germany, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: France, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: France, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: France, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: Italy, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: Italy, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Italy, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: Spain, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: Spain, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: Spain, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Eastern Europe, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Eastern Europe, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Eastern Europe, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Russia, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: Russia, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: Russia, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: North America, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: North America, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: North America, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: USA, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: USA, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: USA, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: Canada, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: Canada, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: Canada, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: South America, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: South America, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: South America, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: Brazil, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: Brazil, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Brazil, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: Middle East, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: Middle East, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: Middle East, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Africa, Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Africa, Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 95: Africa, Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 96: Global Elevator and Escalator Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 97: Global Elevator and Escalator Market - Company Scoring Matrix
  • Figure 98: Schindler Group Financial Performance
  • Figure 99: Otis Worldwide Corporation Financial Performance
  • Figure 100: KONE Corporation Financial Performance
  • Figure 101: Hitachi Ltd Financial Performance
  • Figure 102: Mitsubishi Electric Corporation Financial Performance
  • Figure 103: Global Elevator and Escalator Market, Competitive Benchmarking (In USD Billions)
  • Figure 104: Global Elevator and Escalator Market, Competitive Dashboard
  • Figure 105: Global Elevator and Escalator Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 106: Global, Elevator and Escalator Market Size Gain ($ Billion), Segmentation By Product, 2025 – 2030
  • Figure 107: Global, Elevator and Escalator Market Size Gain ($ Billion), Segmentation By Business, 2025 – 2030
  • Figure 108: Global, Elevator and Escalator Market Size Gain ($ Billion), Segmentation By Elevator Technology, 2025 – 2030

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Frequently Asked Questions

The Elevator and Escalator market was valued at $ billion in 2025, increased to $ billion in 2026, and is projected to reach $ billion by 2030. request a sample here

The expected CAGR for the Elevator and Escalator market during the forecast period 2025–2030 is 8.0%. request a sample here

Major growth driver of the market includes: Elevator And Escalator Market Set To Soar With Surge In Infrastructure Investments in the Elevator and Escalator market. For further insights on this market, request a sample here

The elevator and escalator market covered in this report is segmented –
1) By Product: Elevators, Escalators, Moving Walkway
2) By Business: New Equipment, Maintenance, Modernization
3) By Elevator Technology: Traction Elevator, Machine Room Less Traction Elevator, Hydraulic
4) By End User: Residential, Commercial, Institutional, Infrastructure, Other End Users Subsegments:
1) By Elevators: Passenger Elevators, Freight Elevators, Service Elevators, Dumbwaiters
2) By Escalators: Commercial Escalators, Industrial Escalators, Escalators for Public Transport
3) By Moving Walkways: Parallel Moving Walkways, Inclined Moving Walkways, Automated Walkways request a sample here

Major trend in this market includes: Smart, Connected Elevators for the Future of Urban Buildings For further insights on this market, request a sample here.

Major companies operating in the Elevator and Escalator market are Major companies operating in the elevator and escalator market are Schindler Group, Otis Worldwide Corporation, KONE Corporation, Hitachi Ltd, Mitsubishi Electric Corporation, Toshiba Corporation, Fujitec Co. Ltd, Hyundai Elevator Ltd, Canny Elevator Co. Ltd., WINONE Elevator Co. Ltd, Symax Lift (China) Co. Ltd, Nantong Fuji Elevator Co. Ltd, Ningbo Hosting Elevator Co. Ltd, General Elevator Co. Ltd, SAIL Intelligent Elevator (Suzhou) Co. Ltd, Huzhou Fuji Elevator Co. Ltd, Suzhou Towards Elevator Co. Ltd, SEPL India Ltd, Orbis Elevator, IEC LIFTS, IFE Elevators Co. Ltd, Expert Lift Ltd, Liftronic, Brilliant Lifts Australia, Orbitz Elevators, Yusaki Elevator, Blue Star Elevators, Omega-Elevators, Escon Elevators Pvt. Ltd, Sanei Manufacturing Co. Ltd, Vintec Elevator, Thyssenkrupp AG, Schmitt + Sohn, Delta Elevator Co. Ltd, AVT Beckett Elevators, True Canadian Elevator, Alphalift Ltd., Arabian Elevators & Engineering Co. LLC, Gulf Tech Elevators LLC, Orient Lines Elevators, HAUSLIFT, Logan Davex, Trent Park Engineering request a sample here.

Major trends in this market include Major companies operating in the elevator and escalator market are focusing on developing technological innovations, such as digitally connected elevators, to provide enhanced user experiences and improve operational efficiency in modern buildings. Digitally connected elevators refer to elevators integrated with advanced digital technologies, such as the Internet of Things (IoT), cloud computing, and artificial intelligence (AI), to enhance their functionality, safety, and efficiency. For instance, in December 2024, KONE India, an India-based manufacturing company, launched the KONE I MonoSpace SMART, KONE I MiniSpace SMART, and KONE A MonoSpace SMART elevators. These new elevators are fully compliant with the latest Indian safety standard, IS 17900, using advanced PESSRAL safety controllers with dual-channel redundancy and tamper-proof modules for enhanced user safety. They also offer energy-efficient operation through optional regenerative drives that can recycle up to 30% of energy, plus LED lighting and standby modes that can deliver up to 90% energy savings during idle times.. For further insights on this market, request a sample here.

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