Elevator and Escalator Market  Global Outlook and Forecast 2029


Posted November 21, 2023 by poojammr

Global Elevator and Escalator Market size was valued at USD 120.5 Bn in 2022 and is expected to reach USD 183.6 Bn by 2029, at a CAGR of 6.2%.
 
Elevator and Escalator Market Overview:

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Research Methodology: The research methodology involves a comprehensive approach, including market analysis, data collection, and insights derived from industry experts. The report is based on a thorough examination of market trends, technological advancements, and consumer preferences.

Market Dynamics: The Elevator and Escalator Market is driven by factors such as urbanization, infrastructure development, technological advancements, and growing environmental awareness. The demand for sustainable and energy-efficient solutions, along with retrofitting and modernization projects, presents significant growth opportunities.

Regional Insights:

Asia Pacific: Holds the largest market share, driven by urbanization, infrastructure development, and middle-class demand for high-rise buildings.
North America: A developed market with steady growth, emphasizing safety regulations, energy efficiency, and smart solutions.
Global Perspective: The market is highly competitive, with key players including Otis Elevator Company, Schindler Group, KONE Corporation, and Thyssenkrupp Elevator AG.
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Elevator and Escalator Market Segmentation:

by Product Type

Elevator
Escalator & Moving walkways


by Elevator Technology

Traction
Machine room-Less
Hydraulic

Elevator and Escalator Market Key Players:

1. Otis Elevator Company (United States)
2. Kone Corporation (Finland)
3. Schindler Group (Switzerland)
4. Mitsubishi Electric Corporation
5. Thyssenkrupp Elevator AG (Finland)
6. Hitachi Ltd. (Japan)
7. Fujitec Co., Ltd. (Japan)
8. Guangzhou Guangri Elevator Industry Co., Ltd. (China)
9. SJEC Corporation (China)
10. Canny Elevator Co., Ltd. (China)
11. Shanghai Mitsubishi Elevator Co., Ltd. (China)
12. IFE Elevators Co. Ltd. (China)
13. Suzhou Diao Elevator Co., Ltd. (China)
14. Kleemann Hellas SA (Greece)
15. Wittur Group (Germany)
16. Sematic S.p.A. (Italy)
17. Cibes Lift Group (Sweden)
18. EITA Elevator (Malaysia)

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Table of content for the Elevator and Escalator Market includes:

Global Elevator and Escalator Market : Research Methodology
Global Elevator and Escalator Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Elevator and Escalator Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by growth and trend
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Issued By poojammr
Country India
Categories Advertising , Affiliate Program , Automotive
Tags elevator and escalator market , elevator and escalator market size , elevator and escalator market share , elevator and escalator market analysis , elevator and escalator market trends , elevator and escalator market future , elevator and escalator market insights
Last Updated November 21, 2023