This report forecasts global demand in 2021 for elevator equipment and related services by type, market, and major world region in US dollars at the manufacturers' level.
Elevator equipment and services are segmented by type as follows: passenger and freight elevators; escalators and moving walkways; parts and other equipment such as components, controls, and accessories; modernization and repair services; and installation services.
For the purposes of this report, general references to elevators or the elevator market include escalators and moving walkways, parts, and services, while elevators themselves, often referred to as lifts in European publications, are described as passenger and freight elevators. Products beyond the scope of this report include aerial work platforms (man lifts) and conveyor systems used for the transport of goods.
Reported markets encompas nonresidential and residential.
Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.
To illustrate historical trends, world, type, market, and regional demand (including type and market segments) are provided for 2006, 2011, and 2016. Finally, global shipments are segmented by major world region and provided for 2006, 2011, 2016, and 2021.