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Global Elevators and Escalators Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 03, 2025
Length 146 Pages
SKU # BOSS20300700

Description

Report Overview

The global elevators and escalators market is a critical segment of the urban infrastructure and construction industry, driven by rapid urbanization, high-rise building development, and modernization of aging systems. Elevators are vertical transportation systems designed to move people or goods between floors, while escalators are mechanized staircases that facilitate the continuous movement of individuals, predominantly in high-traffic areas like shopping malls, airports, and transit hubs. The market is characterized by increasing demand for energy-efficient, smart, and high-speed elevators, particularly in emerging economies where urban expansion is accelerating. Key players focus on innovation, including IoT-enabled predictive maintenance, regenerative drives, and space-saving designs to enhance safety and efficiency. Regulatory standards and sustainability initiatives further influence product development, pushing manufacturers toward eco-friendly materials and energy-saving technologies. Geographically, Asia-Pacific dominates due to massive construction activities in China, India, and Southeast Asia, while North America and Europe see steady growth from retrofitting and infrastructure upgrades. Challenges include high installation costs and maintenance requirements, but advancements in automation and AI-driven solutions present significant growth opportunities. The market remains competitive, with major companies like Otis, Schindler, KONE, and Thyssenkrupp investing in R&D and strategic partnerships to capture market share.

The global Elevators and Escalators market size was estimated at USD 36025.57 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 2.12% during the forecast period.

This report provides a deep insight into the global Elevators and Escalators market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Elevators and Escalators Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Elevators and Escalators market in any manner.

Global Elevators and Escalators Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Kone Corporation

Otis Elevator Company

Thyssenkrupp AG

Schindler Group

Hitachi, Ltd.

Fujitec

Toshiba Elevators and Building Systems Corporation

Mitsubishi Electric Corporation

SJEC Corporation

Hyundai Elevator

Kleeman Hellas SA

Canny Elevator

Market Segmentation (by Type)

Elevators

Escalators

Market Segmentation (by Application)

Residential

Commercial

Industrial

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Elevators and Escalators Market

Overview of the regional outlook of the Elevators and Escalators Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Elevators and Escalators Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Elevators and Escalators, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

146 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Elevators And Escalators
1.2 Key Market Segments
1.2.1 Elevators And Escalators Segment By Type
1.2.2 Elevators And Escalators Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Elevators And Escalators Market Overview
2.1 Global Market Overview
2.1.1 Global Elevators And Escalators Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Elevators And Escalators Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Elevators And Escalators Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Elevators And Escalators Product Life Cycle
3.3 Global Elevators And Escalators Sales By Manufacturers (2020-2025)
3.4 Global Elevators And Escalators Revenue Market Share By Manufacturers (2020-2025)
3.5 Elevators And Escalators Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Elevators And Escalators Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Elevators And Escalators Market Competitive Situation And Trends
3.8.1 Elevators And Escalators Market Concentration Rate
3.8.2 Global 5 And 10 Largest Elevators And Escalators Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Elevators And Escalators Industry Chain Analysis
4.1 Elevators And Escalators Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Elevators And Escalators Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Elevators And Escalators Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Elevators And Escalators Market
5.7 Esg Ratings Of Leading Companies
6 Elevators And Escalators Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Elevators And Escalators Sales Market Share By Type (2020-2025)
6.3 Global Elevators And Escalators Market Size Market Share By Type (2020-2025)
6.4 Global Elevators And Escalators Price By Type (2020-2025)
7 Elevators And Escalators Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Elevators And Escalators Market Sales By Application (2020-2025)
7.3 Global Elevators And Escalators Market Size (M Usd) By Application (2020-2025)
7.4 Global Elevators And Escalators Sales Growth Rate By Application (2020-2025)
8 Elevators And Escalators Market Sales By Region
8.1 Global Elevators And Escalators Sales By Region
8.1.1 Global Elevators And Escalators Sales By Region
8.1.2 Global Elevators And Escalators Sales Market Share By Region
8.2 Global Elevators And Escalators Market Size By Region
8.2.1 Global Elevators And Escalators Market Size By Region
8.2.2 Global Elevators And Escalators Market Size Market Share By Region
8.3 North America
8.3.1 North America Elevators And Escalators Sales By Country
8.3.2 North America Elevators And Escalators Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Elevators And Escalators Sales By Country
8.4.2 Europe Elevators And Escalators Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Elevators And Escalators Sales By Region
8.5.2 Asia Pacific Elevators And Escalators Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Elevators And Escalators Sales By Country
8.6.2 South America Elevators And Escalators Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Elevators And Escalators Sales By Region
8.7.2 Middle East And Africa Elevators And Escalators Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Elevators And Escalators Market Production By Region
9.1 Global Production Of Elevators And Escalators By Region(2020-2025)
9.2 Global Elevators And Escalators Revenue Market Share By Region (2020-2025)
9.3 Global Elevators And Escalators Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Elevators And Escalators Production
9.4.1 North America Elevators And Escalators Production Growth Rate (2020-2025)
9.4.2 North America Elevators And Escalators Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Elevators And Escalators Production
9.5.1 Europe Elevators And Escalators Production Growth Rate (2020-2025)
9.5.2 Europe Elevators And Escalators Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Elevators And Escalators Production (2020-2025)
9.6.1 Japan Elevators And Escalators Production Growth Rate (2020-2025)
9.6.2 Japan Elevators And Escalators Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Elevators And Escalators Production (2020-2025)
9.7.1 China Elevators And Escalators Production Growth Rate (2020-2025)
9.7.2 China Elevators And Escalators Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Kone Corporation
10.1.1 Kone Corporation Basic Information
10.1.2 Kone Corporation Elevators And Escalators Product Overview
10.1.3 Kone Corporation Elevators And Escalators Product Market Performance
10.1.4 Kone Corporation Business Overview
10.1.5 Kone Corporation Swot Analysis
10.1.6 Kone Corporation Recent Developments
10.2 Otis Elevator Company
10.2.1 Otis Elevator Company Basic Information
10.2.2 Otis Elevator Company Elevators And Escalators Product Overview
10.2.3 Otis Elevator Company Elevators And Escalators Product Market Performance
10.2.4 Otis Elevator Company Business Overview
10.2.5 Otis Elevator Company Swot Analysis
10.2.6 Otis Elevator Company Recent Developments
10.3 Thyssenkrupp Ag
10.3.1 Thyssenkrupp Ag Basic Information
10.3.2 Thyssenkrupp Ag Elevators And Escalators Product Overview
10.3.3 Thyssenkrupp Ag Elevators And Escalators Product Market Performance
10.3.4 Thyssenkrupp Ag Business Overview
10.3.5 Thyssenkrupp Ag Swot Analysis
10.3.6 Thyssenkrupp Ag Recent Developments
10.4 Schindler Group
10.4.1 Schindler Group Basic Information
10.4.2 Schindler Group Elevators And Escalators Product Overview
10.4.3 Schindler Group Elevators And Escalators Product Market Performance
10.4.4 Schindler Group Business Overview
10.4.5 Schindler Group Recent Developments
10.5 Hitachi, Ltd.
10.5.1 Hitachi, Ltd. Basic Information
10.5.2 Hitachi, Ltd. Elevators And Escalators Product Overview
10.5.3 Hitachi, Ltd. Elevators And Escalators Product Market Performance
10.5.4 Hitachi, Ltd. Business Overview
10.5.5 Hitachi, Ltd. Recent Developments
10.6 Fujitec
10.6.1 Fujitec Basic Information
10.6.2 Fujitec Elevators And Escalators Product Overview
10.6.3 Fujitec Elevators And Escalators Product Market Performance
10.6.4 Fujitec Business Overview
10.6.5 Fujitec Recent Developments
10.7 Toshiba Elevators And Building Systems Corporation
10.7.1 Toshiba Elevators And Building Systems Corporation Basic Information
10.7.2 Toshiba Elevators And Building Systems Corporation Elevators And Escalators Product Overview
10.7.3 Toshiba Elevators And Building Systems Corporation Elevators And Escalators Product Market Performance
10.7.4 Toshiba Elevators And Building Systems Corporation Business Overview
10.7.5 Toshiba Elevators And Building Systems Corporation Recent Developments
10.8 Mitsubishi Electric Corporation
10.8.1 Mitsubishi Electric Corporation Basic Information
10.8.2 Mitsubishi Electric Corporation Elevators And Escalators Product Overview
10.8.3 Mitsubishi Electric Corporation Elevators And Escalators Product Market Performance
10.8.4 Mitsubishi Electric Corporation Business Overview
10.8.5 Mitsubishi Electric Corporation Recent Developments
10.9 Sjec Corporation
10.9.1 Sjec Corporation Basic Information
10.9.2 Sjec Corporation Elevators And Escalators Product Overview
10.9.3 Sjec Corporation Elevators And Escalators Product Market Performance
10.9.4 Sjec Corporation Business Overview
10.9.5 Sjec Corporation Recent Developments
10.10 Hyundai Elevator
10.10.1 Hyundai Elevator Basic Information
10.10.2 Hyundai Elevator Elevators And Escalators Product Overview
10.10.3 Hyundai Elevator Elevators And Escalators Product Market Performance
10.10.4 Hyundai Elevator Business Overview
10.10.5 Hyundai Elevator Recent Developments
10.11 Kleeman Hellas Sa
10.11.1 Kleeman Hellas Sa Basic Information
10.11.2 Kleeman Hellas Sa Elevators And Escalators Product Overview
10.11.3 Kleeman Hellas Sa Elevators And Escalators Product Market Performance
10.11.4 Kleeman Hellas Sa Business Overview
10.11.5 Kleeman Hellas Sa Recent Developments
10.12 Canny Elevator
10.12.1 Canny Elevator Basic Information
10.12.2 Canny Elevator Elevators And Escalators Product Overview
10.12.3 Canny Elevator Elevators And Escalators Product Market Performance
10.12.4 Canny Elevator Business Overview
10.12.5 Canny Elevator Recent Developments
11 Elevators And Escalators Market Forecast By Region
11.1 Global Elevators And Escalators Market Size Forecast
11.2 Global Elevators And Escalators Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Elevators And Escalators Market Size Forecast By Country
11.2.3 Asia Pacific Elevators And Escalators Market Size Forecast By Region
11.2.4 South America Elevators And Escalators Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Elevators And Escalators By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Elevators And Escalators Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Elevators And Escalators By Type (2026-2033)
12.1.2 Global Elevators And Escalators Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Elevators And Escalators By Type (2026-2033)
12.2 Global Elevators And Escalators Market Forecast By Application (2026-2033)
12.2.1 Global Elevators And Escalators Sales (K Units) Forecast By Application
12.2.2 Global Elevators And Escalators Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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