封面
市场调查报告书
商品编码
2016782

电梯和自动扶梯市场规模、份额、趋势和预测:按类型、服务、最终用途和地区划分,2026-2034年

Elevator and Escalator Market Size, Share, Trends and Forecast by Type, Service, End Use and Region, 2026-2034

出版日期: | 出版商: IMARC | 英文 150 Pages | 商品交期: 2-3个工作天内

价格

2025年全球电梯和自动扶梯市场规模为1,692亿美元。展望未来,IMARC集团预测,该市场将以4.59%的复合年增长率从2026年成长至2034年,到2034年达到2,588亿美元。目前,亚太地区是该市场的主要驱动力,预计到2025年将占据超过63.6%的市场。该地区市场成长的驱动因素包括快速的都市化、高层建筑建设的增加以及对先进出行解决方案日益增长的需求。

全球快速的都市化推动了电梯和自动扶梯市场的成长,同时,新兴市场也兴建了大量高层建筑和各类住宅计画。此外,对旅游解决方案日益增长的需求也促进了电梯和自动扶梯市场的发展,因为这些系统对于满足身心障碍者和老年人的旅行需求至关重要。因此,从永续性和便利永续性的角度来看,采用物联网 (IoT) 技术、节能型电梯和自动化控制系统的智慧电梯正逐渐被人们接受。环保建筑和节能係统的推广也促进了对电梯和自动扶梯的需求,因为它们的设计符合永续性标准,从而进一步推高了市场需求。此外,已开发国家和开发中国家基础设施建设的加速发展也促进了垂直运输系统的安装和维护。

在美国,电梯和自动扶梯市占率正在迅速扩张,这主要得益于商业和住宅领域蓬勃发展的建筑业。大城市对更有效率的垂直交通解决方案的需求日益增长,以及对公共空间无障碍设施的关注度不断提高,也推动了市场成长。节能设计和物联网等技术正在透过提升营运效率和永续性来变革该产业。例如,2023年6月,奥的斯全球公司面向北美地区日益增长的2至6层建筑市场推出了Gen3 Core™电梯。该产品为低层建筑提供物联网连接、永续性和更佳的乘客舒适度。此外,现代化改造和维护服务也是垂直交通市场的重要组成部分,因为超过20年的建筑物中的电梯和自动扶梯需要升级才能满足最低安全和监管标准。人们对环保建筑认证的日益关注以及日益严峻的环境问题,正在推动需要节能型垂直交通解决方案的新建设项目。此外,美国城市的人口成长和都市化不断增加,对先进的电梯和自动扶梯系统产生了巨大的需求,以确保高层建筑内高效的通行。

电梯和自动扶梯市场的发展趋势:

建设活动增加

基础设施建设在推动电梯和自动扶梯市场发展中发挥着至关重要的作用,这一点不容忽视。随着城市不断向上发展,对高效能垂直交通系统的需求日益凸显。根据世界银行统计,包括房地产、基础建设和工业建筑在内的建筑业占全球GDP的13%。在快速成长的经济体中,这一比例尤其显着,这些地区的建设活动正处于高峰期,而这主要得益于政府和私营部门的共同推动。机场、火车站、购物中心甚至教育机构等基础设施项目都需要先进的垂直和水平交通系统来应对巨大的交通压力,并确保人们的安全。此外,新建住宅计画旨在提供极致的舒适和便利,而高速、安全、高效的电梯正是实现这一目标的必要条件。这些大规模建设项目不仅反映了城市空间的成长,也反映了消费者期望的成熟。如今,消费者不再将这些交通系统视为奢侈品,而是将其视为现代生活不可或缺的一部分。

人们越来越关注能源​​效率和永续性。

对开发永续环保电梯和自动扶梯的日益重视正成为市场成长的主要驱动力。产业报告显示,电梯能耗通常占建筑物总能耗的2%至10%,这意味着透过创新技术可以显着降低能耗。目前,各公司正在应用智慧技术,例如可将能源回馈至建筑物电网的再生驱动系统、低功耗LED照明以及在系统不运作时大幅降低能耗的待机模式。这些创新技术不仅透过降低营运成本提供了经济高效的解决方案,而且还吸引了具有环保意识的消费者。绿色科技的转型符合国际永续性目标,进一步激励製造商和消费者朝着这个方向努力。因此,对永续性的关注预计将继续成为影响市场趋势的重要因素。

老年人口不断增加,对无障碍设施提出了更高的要求。

随着老年人口的持续增长,全球人口结构正在改变。联合国数据显示,全球65岁以上人口数量预计将从2021年的7.61亿增加到2050年的16亿,增加超过一倍。 80岁及以上人口的成长速度更快,进一步提升了对无障碍设施的需求。在此背景下,电梯和自动扶梯在改善公共和私人场所无障碍通行方面发挥着前所未有的关键作用。老年人面临独特的挑战,例如行动不便和对安全设施的更高需求。这催生了对配备人性化介面、紧急呼叫按钮和缓速运转功能的电梯和自动扶梯的实际市场需求,让老年人轻鬆上下车。许多老年人口众多的国家已经开始将这些功能作为标准配置。这种对无障碍设施的关注不仅具有重要的社会意义,也为企业创新和客製化产品线提供了真正的市场机会。因此,人口老化不仅增加了对无障碍系统的迫切需求,也是推动该领域技术创新的关键因素。电梯和自动扶梯的创新透过提升安全性、无障碍性和能源效率,显着推动了市场扩张。非接触式操作、人工智慧驱动的预测性维护和即时监控等智慧功能提高了运行可靠性并减少了运作。这些进步透过整合再生驱动系统和先进感测器提高了能源效率,从而降低了环境影响和营运成本。此外,语音控制、自动门系统和改进的轿厢布局等新的无障碍创新使行动不便者,特别是老年人,旅行更加便捷。先进的紧急通讯系统和防滑扶梯踏板等增强的安全功能为使用者提供了更安全的体验,让他们更加安心。这些技术创新的融合使现代电梯和自动扶梯解决方案更加无障碍、节能和永续,满足了不同群体的需求,并推动了市场成长。例如,2024 年,奥的斯在曼谷举行的「无限可能平台」发布会上宣布推出其 Gen3™ 互联电梯平台。

目录

第一章:序言

第二章:调查方法

  • 调查目的
  • 相关利益者
  • 数据来源
    • 主要讯息
    • 二手资讯
  • 市场估值
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第三章执行摘要

第四章:引言

第五章:全球电梯与自动扶梯市场

  • 市场概览
  • 市场表现
  • 新冠疫情的影响
  • 市场预测

第六章 市场区隔:依类型

  • 电梯
  • 电扶梯
  • 电动平面步道

第七章 市场区隔:依服务分类

  • 新推出
  • 维护/修理
  • 现代化

第八章 市场区隔:依最终用途划分

  • 住宅
  • 商业的
    • 主要部分
      • 办公室
      • 饭店业
      • 复合区块
      • 其他的

第九章 市场区隔:依地区划分

  • 北美洲
    • 我们
    • 加拿大
  • 亚太地区
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲

第十章 SWOT 分析

第十一章:价值链分析

第十二章:波特五力分析

第十三章:价格分析

第十四章 竞争格局

  • 市场结构
  • 主要企业
  • 主要企业简介
    • Canny Elevator Co. Ltd.
    • Electra Elevators
    • Fujitec Co. Ltd.
    • Gulf Elevators & Escalators Co. Ltd.
    • Hitachi Ltd.
    • Hyundai Elevator Co. Ltd.
    • Johnson Lifts Private Limited
    • Kleemann Group
    • KONE Corporation
    • Mitsubishi Electric Corporation
    • Otis Elevator Company(I). Ltd(Otis Worldwide Corporation)
    • Schindler Holding Ltd.
    • Sigma Elevator Company
    • Toshiba Elevator and Building Systems Corporation(Toshiba Corporation)
Product Code: SR112026A6616

The global elevator and escalator market size was valued at USD 169.2 Billion in 2025. Looking forward, IMARC Group estimates the market to reach USD 258.8 Billion by 2034, exhibiting a CAGR of 4.59% from 2026-2034. Asia Pacific currently dominates the market, holding a market share of over 63.6% in 2025. The market is driven by rapid urbanization, increasing construction of high-rise buildings, and a growing demand for advanced mobility solutions in the region.

This rapid urbanization across the global sphere has propelled elevators and escalators market growth with a series of skyscrapers and various other residential building developments coming out of these developing markets. The rise in demand for mobility solutions is driving growth in the elevators and escalators market, as these systems are essential for meeting the needs of both disabled individuals and geriatric consumers who rely on these mobility aids for accessibility. Hence, the acceptance of smart elevators installed with Internet of Things (IoT) , energy-efficient models, and automation control systems increases in terms of sustainability and convenience. Encouragement for ecofriendly buildings and energy-efficient systems is also creating a drive for elevators and escalators, as these are designed to meet sustainability standards, further boosting demand. Furthermore, infrastructure development is gaining pace in developed and developing countries, which in turn improves the installation and maintenance of vertical transportation systems.

US has a rapidly rising elevator and escalator market share underpinned by a healthy construction sector, predominantly at the commercial and residential levels. The growing focus on enhancing vertical transportation solutions to metropolitan cities accompanied by amplified concentration on public arena accessibility also underpins growth within the market. Technological aspects, such as energy-efficient designs and IoT applications, are completely transforming the game by ensuring added operational efficiency, sustainability, etc. For instance, in June 2023, Otis Worldwide Corp. launched the Gen3 Core(TM) Elevator for North America's growing two-to-six story building segment, offering IoT connectivity, sustainability, and enhanced passenger comfort for low-rise buildings. Moreover, modernization and maintenance services form another significant component of the vertical transportation market because elevators and escalators in buildings more than two decades old require upgrade to the minimum safety and regulatory standards. Awareness of ecofriendly building certifications and rising environmental issues is driving new construction projects that will require energy-efficient vertical transportation solutions. Furthermore, population growth and urbanization in U.S. cities continue to create a significant demand for advanced elevator and escalator systems to ensure efficient movement within high-rise structures.

ELEVATOR AND ESCALATOR MARKET TRENDS:

Rise in Construction Activities

The crucial role of infrastructure development in propelling the elevator and escalator market cannot be overstated. As cities continue to grow vertically, the essential need for efficient vertical transport systems becomes increasingly pronounced. The construction sector which includes real estate , infrastructures, and industrial buildings, accounts for 13 percent of world GDP, as per world bank. This is particularly evident in fast-developing economies where construction activities are at a peak, driven by both the government and private sectors. Infrastructure projects like airports, railway stations, shopping malls, and even educational institutions require state-of-the-art vertical and horizontal transportation systems to accommodate the heavy footfall and ensure the safety of people. Additionally, new residential complexes aim to provide the best in comfort and convenience, which includes high-speed, secure, and efficient elevators. These extensive construction projects not only reflect the growth of urban spaces but also signify the maturing expectations of the consumers, who now consider such transport systems to be not mere luxuries but essential facets of modern living.

Increasing Emphasis on Energy-Efficiency and Sustainability

The boosting emphasis on creating energy-efficient and sustainable elevators and escalators is increasingly becoming a major driving force in market growth. According to industrial reports, the energy use in elevators usually counts for 2-10% of a building's total energy consumption, which means that there is a great potential of saving the energy through innovative technology. Companies are now incorporating smart technologies like regenerative drives that return energy back into the building grid, LED lighting that consumes less electricity, and standby modes that significantly reduce power usage when the systems are not in operation. These innovations not only offer cost-effective solutions by decreasing operational expenses but also appeal to a consumer base that is progressively environmentally conscious. The transition toward green technology aligns with international sustainability targets, thus giving an added incentive for both manufacturers and consumers to move in this direction. As a result, the focus on sustainability is expected to remain a dominant factor steering the market's trajectory.

The Growing Geriatric Population Requiring Higher Accessibility

The global demographic is experiencing a shift with the steady increase in the geriatric population. According to UN data, the aging population of 65 years or older across the globe is forecasted to more than double, rising from 761 million in 2021 to 1.6 billion in 2050. The growth rate for people aged 80 years or older is even more rapid, accentuating the demand for better accessibility. In this context, the role of elevators and escalators in promoting accessibility in public and private spaces becomes even more pivotal. An older population presents unique challenges, such as reduced mobility and a greater need for safety features. This has led to a specific market demand for elevators and escalators equipped with features like user-friendly interfaces, emergency call buttons, and lower speeds for easy boarding and disembarking. Many countries with a significant aged population have already started implementing these as standard features. This focus on inclusivity is crucial not just from a social perspective but also offers a viable market opportunity for companies to innovate and customize their product offerings. The geriatric population, therefore, not only adds to the immediate demand for accessible systems but also is a significant factor driving technological innovation in this sector. Innovations in Elevators and Escalators Innovations in elevators and escalators are greatly driving market expansion by improving safety, accessibility, and energy efficiency. Intelligent functionalities like touch-free controls, AI-driven predictive maintenance, and real-time monitoring enhance operational reliability and decrease downtime. These advancements enhance energy use by integrating regenerative drives and sophisticated sensors, reducing both environmental effects and operational expenses. Additionally, new accessibility innovations, such as voice-controlled operations, automatic entrance systems, and improved cabin layouts, are facilitating navigation for people with mobility challenges, particularly among the elderly. Enhanced safety features, including sophisticated emergency communication systems and slip-resistant escalator steps, provide additional assurance for a safe experience. The integration of these technological innovations is rendering contemporary elevator and escalator solutions more accessible, energy-saving, and sustainable, catering to various demographics and promoting market growth. For instance, in 2024, Otis introduced its Gen3(TM) connected elevator platform during the recent 'Platform for Possibility' launch event held in Bangkok.

ELEVATOR AND ESCALATOR INDUSTRY SEGMENTATION:

Analysis by Type:

  • Elevators
  • Escalators
  • Moving Walkways

Elevator leads the market with around 87.8% of market share in 2025. Elevators dominate as a major segment, primarily due to continual technological advancements in speed, capacity, and energy efficiency. The introduction of features such as touchless controls and air purification systems in the wake of health crises has also positively impacted demand. Elevators are increasingly being seen as a value addition to commercial and high-end residential spaces, making them indispensable. On the other hand, escalators and moving walkways, form minor but relevant segments of the market that are also expanding. These are primarily used in public spaces like airports, shopping malls, and transit systems. With a focus on reducing the human effort required for mobility, especially over short distances, these systems play a supporting role to elevators. Their importance becomes particularly significant during peak hours, yet the demand is comparatively less than that for elevators.

Analysis by Service:

  • New Installation
  • Maintenance and Repair
  • Modernization

New installation represent as a major segment that is influenced by the expanding urban centers, a surge in skyscraper constructions, and an increased emphasis on making public spaces more accessible. Advances in technology, like gearless and machine-room-less elevators, have made installations more appealing and efficient. Increasing investments in public infrastructure and growing demands for energy-efficient solutions add to the factors driving new installations. Stringent safety regulations are also prompting the replacement of older systems with new installations. On the other hand, maintenance, and repair, combined with modernization, are minor segments, that are still growing. While new installations are essential, the maintenance and modernization of existing systems are mandated by safety regulations. The increasing age of existing installations necessitates upgrades for improved functionality and compliance with modern safety standards. However, the growth here is not as robust as in the new installations and commercial sectors.

Analysis by End Use:

  • Residential
  • Commercial
    • Offices
    • Hospitality
    • Mixed Block
    • Others

The commercial segment is a major driving force owing to rapid infrastructure development, particularly in office buildings, shopping malls, and airports. The integration of smart technologies, such as Internet of Things (IoT) and Artificial Intelligence (AI), has further propelled demand, optimizing energy usage and providing enhanced user experiences. Regulatory standards that require buildings to be more accessible are also contributing factors. The rise in the number of high-rise buildings requiring fast and efficient elevators and escalators to manage people flow efficiently completes the quartet of key drivers in this segment. On the other hand, the residential segment experiences minor growth driven primarily by urbanization and increased multi-story residential projects. The convenience factor of having elevators in residential settings has also contributed to modest increases. The need for elderly and physically challenged individuals to access different floors easily has facilitated this segment's growth.

Regional Analysis:

  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

In 2025, Asia Pacific accounted for the largest market share of over 63.6%. The Asia Pacific region has multiple driving factors supporting the growth of the elevator and escalator market. Urbanization is rampant, particularly in countries like China and India, where the expansion of cities necessitates multi-level buildings for both residential and commercial use. The Asia Pacific also leads in technological innovation, often being the first market to adopt new systems. Government initiatives and public-private partnerships in infrastructure development have further fueled growth. The presence of several manufacturing powerhouse countries, such as China and Japan, significantly contributes to both the domestic and global supply chain. Safety regulations are increasingly strict, fostering a healthy market environment. Moreover, the increased standard of living and growing middle-class population in the region have created a demand for more advanced and comfortable elevator and escalator systems. Furthermore, with sustainability being a global concern, the region is seeing a rise in demand for energy-efficient solutions, thereby further driving the market.

KEY REGIONAL TAKEAWAYS:

NORTH AMERICA ELEVATOR AND ESCALATOR MARKET ANALYSIS

The North American elevator and escalator market is showing steady growth because of urbanization, infrastructure development, and technology. Demand for elevators and escalators in residential, commercial, and industrial sectors is on the rise as construction activities increase and there is a need for mobility solutions in high-rise buildings. Growing focus on improving building accessibility, coupled with aging infrastructure in certain regions, is further driving market expansion. In addition, smart technologies like IoT, energy-efficient systems, and automated control solutions transform the market. In fact, the U.S. and Canada are the leading markets for elevator and escalator, and the bulk investment is found there in terms of infrastructure project and modernization. Additionally, their sustenance and green building certifications enhance eco-friendly elevator and escalator solutions. The market is also experiencing consolidation, with significant players investing in maintenance and modernization services for the growing long-term operational efficiency demand.

UNITED STATES ELEVATOR AND ESCALATOR MARKET ANALYSIS

The United States elevators and escalators market is highly driven by the increasing focus on workplace safety and the growing need to reduce fatalities and injuries in high-rise buildings and large infrastructure projects. According to the U.S. Bureau of Labor Statistics, 5,283 fatal work injuries were reported in 2023, representing a 3.7% decline from 5,486 in 2022. This is proof that the efforts to better improve safety standards are being observed and enhanced, especially in construction, manufacturing, and high-traffic public areas. With the increase in demand for safety features, elevators and escalators play a significant role in reducing workplace injuries in tall buildings and multi-story complexes. Increased concerns towards safer, more efficient workspaces are, therefore, increasing the establishment of modern vertical transport systems, thus enhancing the elevators and escalators market size. This factor will continue since the increase in infrastructure work will be a result of safety and efficient operational requirements.

EUROPE ELEVATOR AND ESCALATOR MARKET ANALYSIS

The Europe elevators and escalators market is experiencing significant growth, driven by various of factors. Over 75% of Europe's population now lives in urban areas, a trend that is expected to continue as urbanization accelerates. As cities grow, the demand for high-rise buildings increases, fueling the need for efficient vertical transportation systems. Eurostat shows the European construction sector to be on an expansion trend since many enterprises expanded by 4.4%, from 698,034 in 2010 to 728,420 in 2020. There was notable expansion by real estate activities, 47.3% increase and architectural and engineering activities increased by 7.2%. These developments, along with increasing construction and renovation of residential, commercial, and transportation infrastructures, are driving demand for elevators and escalators. Moreover, concern over sustainable and energy-efficient buildings is making the adoption of modern vertical transport solutions encouraging and further the market's growth.

ASIA PACIFIC ELEVATOR AND ESCALATOR MARKET ANALYSIS

The Asia Pacific elevators and escalators market is experiencing strong growth, which is being primarily driven by sizeable government initiatives in the region to enhance infrastructure. As per IBEF, the government has focused on building future-ready infrastructure through initiatives like the USD 1.3 Trillion national master plan for infrastructure, Gati Shakti. This initiative looks to facilitate systemic and effective reforms, which should result in the improvement of transportation, logistics, and urban infrastructures overall. This has led Asia Pacific countries to invest heavily in the construction of high-rise buildings, commercial complexes, transportation hubs, and residential developments that require advanced vertical transportation systems. Rapid urbanization and population growth in major cities fuel the demand for efficient elevators and escalators. The Asia Pacific market for elevators and escalators is going to witness strong growth because of these continued infrastructure development programs and rising interest in upgrading urbanized space.

LATIN AMERICA ELEVATOR AND ESCALATOR MARKET ANALYSIS

The Latin America elevators and escalators market is growing at a very high rate, propelled by rapid urbanization and increased investments in infrastructure. More than 80 percent of the Latin American population currently lives in urban centers, and this is expected to increase to 90 percent by 2050, making it the most urbanized region in the world, according to industry reports. This urban growth leads to an increase in the construction of high-rise buildings, thus requiring efficient vertical transportation systems. In Mexico, the construction industry is projected to expand in 2023 and 2024, with major public infrastructure investments and an expanding industrial sector driving the growth, ITA said. Further growth in commercial and residential developments along with key countries in Latin America, Brazil and Argentina will increase demand for elevators and escalators as they are needed to comply with energy efficient and safe systems. Investment in public and private sector of urban infrastructure will contribute to increase in demand for elevator and escalators in the Latin America region.

MIDDLE EAST AND AFRICA ELEVATOR AND ESCALATOR MARKET ANALYSIS

The Middle East and Africa elevators and escalators market is of high development level. There are many large infrastructure projects in the region, and so this would drive the market to a great extent. Of these, one example is given by the Abu Dhabi Projects and Infrastructure Centre, which has already approved 144 projects having a total budget of AED 66 Billion (USD 17.8 Billion). These projects cut across various sectors such as housing, education, tourism, and natural resources, which would require advanced vertical transportation systems to cater to the rising urban population and high-rise developments. The focus of the UAE on enhancing the quality of life and boosting human capital through infrastructure investments further boosts demand for elevators and escalators. Besides this, growing tourism and residential construction sectors in the region require effective, energy-efficient, and modern transportation systems. Increased urbanization and rising construction activities in the UAE, Saudi Arabia, and Egypt would further support the Middle East and Africa elevators and escalators market growth in the near future.

COMPETITIVE LANDSCAPE:

The key market players are continuously focusing on innovations to improve energy efficiency and safety measures. They are integrating smart technologies, such as IoT and artificial intelligence, to make elevators and escalators more adaptive and responsive to user needs. R&D initiatives are actively aimed at incorporating eco-friendly materials and energy-saving features. The major companies are entering strategic collaborations with real estate developers, thus securing long-term contracts for installation and maintenance services. These enterprises are also establishing manufacturing facilities in emerging economies to capitalize on the growing infrastructure needs in those regions. Additionally, companies are developing enhanced digital marketing strategies, including virtual demonstrations and online customer engagement platforms are being employed to gain a wider customer base. To remain competitive, they are also focusing on modular designs that allow easier upgrades in the future.

The report provides a comprehensive analysis of the competitive landscape in the elevator and escalator market with detailed profiles of all major companies, including:

  • Canny Elevator Co. Ltd.
  • Electra Elevators
  • Fujitec Co. Ltd.
  • Gulf Elevators & Escalators Co. Ltd.
  • Hitachi Ltd.
  • Hyundai Elevator Co. Ltd.
  • Johnson Lifts Private Limited
  • Kleemann Group
  • KONE Corporation
  • Mitsubishi Electric Corporation
  • Otis Elevator Company (I). Ltd (Otis Worldwide Corporation)
  • Schindler Holding Ltd.
  • Sigma Elevator Company
  • Toshiba Elevator and Building Systems Corporation (Toshiba Corporation)

KEY QUESTIONS ANSWERED IN THIS REPORT

1. What is elevator and escalator?

2. How big is the elevator and escalator market?

3. What is the expected growth rate of the global elevator and escalator market during 2026-2034?

4. What are the key factors driving the global elevator and escalator market?

5. What is the leading segment of the global elevator and escalator market based on type?

6. What is the leading segment of the global elevator and escalator market based on service?

7. What is the leading segment of the global elevator and escalator market based on end use?

8. What are the key regions in the global elevator and escalator market?

9. Who are the key players/companies in the global elevator and escalator market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Elevator and Escalator Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Elevators
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Escalators
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Moving Walkways
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Service

  • 7.1 New Installation
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Maintenance and Repair
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Modernization
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by End Use

  • 8.1 Residential
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Commercial
    • 8.2.1 Market Trends
    • 8.2.2 Key Segments
      • 8.2.2.1 Offices
      • 8.2.2.2 Hospitality
      • 8.2.2.3 Mixed Block
      • 8.2.2.4 Others
    • 8.2.3 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Canny Elevator Co. Ltd.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
    • 14.3.2 Electra Elevators
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
    • 14.3.3 Fujitec Co. Ltd.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
    • 14.3.4 Gulf Elevators & Escalators Co. Ltd.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Hitachi Ltd.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Hyundai Elevator Co. Ltd.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
    • 14.3.7 Johnson Lifts Private Limited
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Kleemann Group
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 KONE Corporation
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
    • 14.3.10 Mitsubishi Electric Corporation
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Otis Elevator Company (I). Ltd (Otis Worldwide Corporation)
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
    • 14.3.12 Schindler Holding Ltd.
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis
    • 14.3.13 Sigma Elevator Company
      • 14.3.13.1 Company Overview
      • 14.3.13.2 Product Portfolio
    • 14.3.14 Toshiba Elevator and Building Systems Corporation (Toshiba Corporation)
      • 14.3.14.1 Company Overview
      • 14.3.14.2 Product Portfolio

List of Figures

  • Figure 1: Global: Elevator and Escalator Market: Major Drivers and Challenges
  • Figure 2: Global: Elevator and Escalator Market: Sales Value (in Billion USD), 2020-2025
  • Figure 3: Global: Elevator and Escalator Market Forecast: Sales Value (in Billion USD), 2026-2034
  • Figure 4: Global: Elevator and Escalator Market: Breakup by Type (in %), 2025
  • Figure 5: Global: Elevator and Escalator Market: Breakup by Service (in %), 2025
  • Figure 6: Global: Elevator and Escalator Market: Breakup by End Use (in %), 2025
  • Figure 7: Global: Elevator and Escalator Market: Breakup by Region (in %), 2025
  • Figure 8: Global: Elevator and Escalator (Elevators) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 9: Global: Elevator and Escalator (Elevators) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 10: Global: Elevator and Escalator (Escalators) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 11: Global: Elevator and Escalator (Escalators) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 12: Global: Elevator and Escalator (Moving Walkways) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 13: Global: Elevator and Escalator (Moving Walkways) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 14: Global: Elevator and Escalator (New Installation) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 15: Global: Elevator and Escalator (New Installation) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 16: Global: Elevator and Escalator (Maintenance and Repair) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 17: Global: Elevator and Escalator (Maintenance and Repair) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 18: Global: Elevator and Escalator (Modernization) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 19: Global: Elevator and Escalator (Modernization) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 20: Global: Elevator and Escalator (Residential) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 21: Global: Elevator and Escalator (Residential) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 22: Global: Elevator and Escalator (Commercial) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 23: Global: Elevator and Escalator (Commercial) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 24: North America: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 25: North America: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 26: United States: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 27: United States: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 28: Canada: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 29: Canada: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 30: Asia-Pacific: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 31: Asia-Pacific: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 32: China: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 33: China: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 34: Japan: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 35: Japan: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 36: India: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 37: India: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 38: South Korea: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 39: South Korea: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 40: Australia: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 41: Australia: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 42: Indonesia: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 43: Indonesia: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 44: Others: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 45: Others: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 46: Europe: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 47: Europe: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 48: Germany: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 49: Germany: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 50: France: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 51: France: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 52: United Kingdom: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 53: United Kingdom: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 54: Italy: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 55: Italy: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 56: Spain: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 57: Spain: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 58: Russia: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 59: Russia: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 60: Others: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 61: Others: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 62: Latin America: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 63: Latin America: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 64: Brazil: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 65: Brazil: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 66: Mexico: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 67: Mexico: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 68: Others: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 69: Others: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 70: Middle East and Africa: Elevator and Escalator Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 71: Middle East and Africa: Elevator and Escalator Market: Breakup by Country (in %), 2025
  • Figure 72: Middle East and Africa: Elevator and Escalator Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 73: Global: Elevator and Escalator Industry: SWOT Analysis
  • Figure 74: Global: Elevator and Escalator Industry: Value Chain Analysis
  • Figure 75: Global: Elevator and Escalator Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Elevator and Escalator Market: Key Industry Highlights, 2025 & 2034
  • Table 2: Global: Elevator and Escalator Market Forecast: Breakup by Type (in Million USD), 2026-2034
  • Table 3: Global: Elevator and Escalator Market Forecast: Breakup by Service (in Million USD), 2026-2034
  • Table 4: Global: Elevator and Escalator Market Forecast: Breakup by End Use (in Million USD), 2026-2034
  • Table 5: Global: Elevator and Escalator Market Forecast: Breakup by Region (in Million USD), 2026-2034
  • Table 6: Global: Elevator and Escalator Market: Competitive Structure
  • Table 7: Global: Elevator and Escalator Market: Key Players