
Elevator Market by Type (Passenger Elevator, Freight Elevator and Others), by Technology (Traction and Hydraulic), by Service (New Installation, Maintenance and Modernization), by Capacity (Less than 1500 kg, 1500 to 2500 kg, 2501 to 4000 kg and More than
Description
Elevator Market by Type (Passenger Elevator, Freight Elevator and Others), by Technology (Traction and Hydraulic), by Service (New Installation, Maintenance and Modernization), by Capacity (Less than 1500 kg, 1500 to 2500 kg, 2501 to 4000 kg and More than 4000 kg) by Speed (Less than 1 M/S, Between 1 to 4 M/S and More than 5 M/S), by Deck type (Single Deck and Double Deck), by Designation Control (Smart and Conventional), by Door Type (Automatic and Manual) and by Application (Residential, Commercial and Industrial) - Global Opportunity Analysis and Industry Forecast, 2024 –2030
The Elevator Market size was valued at USD 82.07 billion in 2023, and is predicted to reach USD 137.57 billion by 2030, with a CAGR of 6.6% from 2024 to 2030.
The surge in building and construction activity is a primary catalyst behind the growing elevator market. As urbanization continues to reshape landscapes worldwide, the demand for vertical infrastructure such as high-rise buildings, skyscrapers, and mixed-use developments is escalating. This tendency is particularly evident in developing economies, in which rapid urbanization and population growth necessitate innovative solutions for accommodating dense urban population. In response, the construction industry is witnessing a surge in ambitious architectural projects that redefine city skylines and urban environments. Within these towering structures, elevators play a pivotal role as indispensable conduits of vertical mobility. They efficiently transport occupants and goods between floors, ensuring seamless access to various amenities, residences, offices, and recreational spacesThis factor further drives the growth trajectory of the elevator market.
Also, the rapid pace of urbanization worldwide has significantly contributed to the growth of the elevator market. As cities expand to accommodate increasing population and address space constraints, the demand for efficient vertical transportation systems such as elevators has surged considerably. High-rise buildings, skyscrapers, and mixed-use developments have become prevalent features of urban landscapes, necessitating the installation of elevators to facilitate movement within these structures. Additionally, urbanization has led to denser populations in cities, resulting in a greater foot traffic and a heightened need for elevator systems in residential, commercial, and public buildings. Elevator systems also ensure smooth and timely vertical mobility. According to The UNCTAD Handbook of Statistics 2023, the proportion of urban inhabitants was estimated to have risen to 56.9% by 2022. This proportion tends to be higher in developed regions, reaching 79.7% in 2022, compared to developing countries, which stood at 52.3%. Furthermore, urbanization trends are often accompanied by an increased focus on sustainability and energy efficiency. This led to the adoption of modern elevator technologies that offer energy-saving features and contribute to eco-friendly building designs. Consequently, the growing urbanization worldwide continues to be a driving force behind the expansion of the elevator market, with manufacturers innovating to meet the evolving needs of urban environments.
However, high costs associated with elevator installations, maintenance, and modernization are significant factors restraining the market growth. The initial investment required for installing elevator systems, especially in buildings not initially designed such infrastructure, can pose a considerable financial burden on building owners and developers. Additionally, ongoing expenses related to maintenance contracts, including routine inspections and repairs, contribute to the overall cost of ownership.
On the contrary, artificial intelligence (AI)-powered predictive elevator maintenance presents a lucrative opportunity for the elevator industry. It leverages AI to revolutionize servicing and management practices. By analyzing data from elevator sensors, AI algorithms can proactively identify maintenance needs, minimizing downtime and maximizing elevator uptime. This approach extends the lifespan of elevator components, enhances safety by preventing unexpected breakdowns, and optimizes resource allocation. This, in turn, leads to significant cost savings for elevator companies. Moreover, dependable and well-maintained elevators contribute to increased user satisfaction, thereby enhancing the overall experience for both building occupants and visitors. Embracing AI-powered predictive maintenance positions elevator companies to stay competitive and deliver superior service quality in a rapidly evolving market landscape.
Segment Overview
The global elevator market is segmented on the basis of product type, flow rate, material, installation, application, distribution channel, and region.
By type, the market is classified into passenger elevator, freight elevator, and others.
By technology, the market is segmented into traction and hydraulic.
By service, the market is divided into new installation, maintenance, and modernization.
By capacity, the market is classified into less than 1500 kg, 1500 to 2500 kg, 2501 to 4000 kg, and more than 4000 kg.
By speed, the market is categorized into less than 1 M/S, between 1 to 4 M/S, and more than 5 M/S.
By deck type, the market is divided into single deck and double deck.
By designation control, the market is classified into smart and conventional.
By door type, the market is categorized into automatic and manual.
By application, the market divided into residential, commercial, and industrial.
Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world (RoW).
Asia Pacific Dominates Elevator industry, with the highest projected CAGR till 2030
The elevator market in the Asia-Pacific region is experiencing robust growth and is projected to maintain dominance throughout the forecast period. China leads this market, commanding over 50% of the market share. This dominance is driven by China's significant urban population, large economy, and status as the world's largest manufacturing economy. According to the International Trade Administration, the 14th Five-Year Plan in China highlights the importance of new infrastructure projects focusing on transportation, energy, water systems, and new urbanization. It also stated that the total investment in new infrastructure over the 14th Five-Year Plan period (2021-2025) is projected to reach approximately USD 4.2 trillion. Moreover, India is the second-largest elevator market in the region, following China. The presence of prominent elevator companies in India, including KONE Elevator India, a subsidiary of KONE Corporation, and Fujitec India, a subsidiary of Fujitec Co., Ltd., underscores the country's significance in the global elevator market. These companies have made substantial investments and advancements in India. They launched innovative elevator solutions and expanded production capacity to meet the surging demand. Their presence highlights India's position as a key market for elevator manufacturers, contributing to the country's status as the second-largest elevator market in the region.
Notably, in May 2022, KONE Elevator India, a subsidiary of KONE Corporation, made significant strides in the market by unveiling the world's largest passenger elevator at the Jio World Centre in India. This elevator, weighing 16 tons and spanning an impressive floor area of 25.78 square meters, features five stops. This elevator showcases KONE's commitment to innovation and meeting the growing demand for elevators in India's urban landscape.
Furthermore, in August 2023, Fujitec India, a FUJITEC CO., LTD. subsidiary, inaugurated a new elevator plant in India to bolster unit production in response to the escalating demand. This expansion aligns with Fujitec's strategic plan to elevate annual production from 2,000 units to 3,000 units by 2023. It reflects the company's dedication to meeting the evolving needs of the Indian elevator market and sustaining its growth momentum. Thus, these factors collectively contribute to the expansion and dynamism of the elevator market in the Asia-Pacific region.
Key Market Players
The key players in the elevator market include:
• Schindler
• Otis Elevator Company
• TK Elevator (TKE)
• KONE Corporation
• Hitachi Ltd.
• Fujitec Co., Ltd
• Hyundai elevator Co., Ltd.
• Mitsubishi Electric Corporation
• Toshiba Elevator and Building Systems Corporation
• Winone Elevator Company Limited
Recent Developments
June 2023
Otis launched the Otis ONE IoT digital service solution. This platform provides real-time monitoring and predictive maintenance insights for elevators and escalators, aiming to improve performance and equipment uptime.
October 2022
TK Elevator launched the EOX, a digital elevator platform, to meet urban sustainability needs. It consumes up to 28% less energy with regenerative drive technology and an eco-mode, improving efficiency and reducing carbon footprint.
May 2022
KONE Elevator India, a subsidiary of KONE Corporation, launched the world's largest passenger elevator at Jio World Centre in India. The elevator weighs 16 tons and spread over a floor area of 25.78 square meters, with five stops.
June 2022
Schindler acquired Ascension Elevating Devices Ltd. (AED) an elevator service company, to enhance customer experience by adding high-quality elevating products and maintenance tools. The acquisition is part of Schindler's strategic expansion plan and reflects its commitment to strengthening its position in the market.
September 2022
Hitachi launched a touchless operating panel devoid of physical floor buttons. This innovation enables users to select their destination floor by simply gliding their finger over the floor depicted on the monitor of the touchless operating panel.
KEY BENEFITS
• The report provides quantitative analysis and estimations of the elevator market from 2024 to 2030, which assists in identifying the prevailing market opportunities.
• The study comprises a deep dive analysis of the elevator market including the current and future trends to depict prevalent investment pockets in the market.
• Information related to key drivers, restraints, and opportunities and their impact on the elevator market is provided in the report.
• Competitive analysis of the players, along with their market share is provided in the report.
• SWOT analysis and Porters Five Forces model is elaborated in the study.
• Value chain analysis in the market study provides a clear picture of roles of stakeholders.
Table of Contents
483 Pages
- 1. Introduction
- 1.1. Report Description
- 1.2. Who Should Read This Report
- 1.3. Key Market Segments
- 1.4. Research Methodology
- 1.4.1 Market Size Estimation Methodology
- 1.4.1.1. Top-down And Bottom-up Approach
- 1.4.1.2. Demand And Supply Side Analysis
- 1.4.1.3. Macro-indicator Approach
- 1.4.2 Data Collection Approach
- 1.4.2.1. Primary Data Collection
- 1.4.2.2. Secondary Data Collection
- 1.4.3 Secondary Data Sources
- 1.4.4 Forecasting
- 2. Market Definition & Scope
- 2.1. Definition
- 2.2. Scope
- 3. Impact Of Russia-ukraine War On The Elevator Market
- 4. Elevator Market – Executive Summary
- 4.1. Market Snapshot, 2023 - 2030, Million Usd
- 5. Market Overview
- 5.1. Market Dynamics
- 5.1.1 Drivers
- 5.1.1.1. Global Urbanization Increases The Demand For Elevators
- 5.1.1.2. The Expanding Construction Industry Raises The Demand For Elevators
- 5.1.2 Restraint
- 5.1.2.1. High Costs Associated With Elevator Systems Hinder The Market Growth
- 5.1.3 Opportunity
- 5.1.3.1. Introduction Of Ai-powered Predictive Elevator Maintenance Creates Opportunity
- 6. Market Share Analysis
- 6.1. Market Share Analysis Of Top Elevator Providers, 2023
- 7. Global Elevator Market, By Type
- 7.1. Overview
- 7.2. Passenger Elevator
- 7.2.1 Passenger Elevator Market, By Region
- 7.3. Freight Elevator
- 7.3.1 Freight Elevator Market, By Region
- 7.4. Others
- 7.4.1 Others Market, By Region
- 8. Global Elevator Market, By Technology
- 8.1. Overview
- 8.2. Traction
- 8.2.1 Global Traction Market, By Technology
- 8.2.1.1. Machine Room [Mr] Traction Market, By Region
- 8.2.1.2. Machine Roomless [Mrl] Traction Market, By Region
- 8.2.2 Traction Market, By Region
- 8.3. Hydraulic
- 8.3.1 Hydraulic Market, By Region
- 9. Global Elevator Market, By Service
- 9.1. Overview
- 9.2. New Installation
- 9.2.1 New Installation Market, By Region
- 9.3. Maintenance
- 9.3.1 Maintenance Market, By Region
- 9.4. Modernization
- 9.4.1 Modernization Market, By Region
- 10. Global Elevator Market, By Capacity
- 10.1. Overview
- 10.2. Less Than 1500 Kg
- 10.2.1 Less Than 1500 Kg Market, By Region
- 10.3. 1500 To 2500 Kg
- 10.3.1 To 2500 Kg Market, By Region
- 10.4. 2501-4000 Kg
- 10.4.1-4000 Kg Market, By Region
- 10.5. More Than 4000 Kg
- 10.5.1 More Than 4000 Kg Market, By Region
- 11. Global Elevator Market, By Speed
- 11.1. Overview
- 11.2. Less Than 1 M/S
- 11.2.1 Less Than 1 M/S Market, By Region
- 11.3. Between 1 To 4 M/S
- 11.3.1 Between 1 To 4 M/S Market, By Region
- 11.4. More Than 5 M/S
- 11.4.1 More Than 5 M/S Market, By Region
- 12. Global Elevator Market, By Deck Type
- 12.1. Overview
- 12.2. Single Deck
- 12.2.1 Single Deck Market, By Region
- 12.3. Double Deck
- 12.3.1 Double Deck Market, By Region
- 13. Global Elevator Market, By Designation Control
- 13.1. Overview
- 13.2. Smart
- 13.2.1 Smart Market, By Region
- 13.3. Conventional
- 13.3.1 Conventional Market, By Region
- 14. Global Elevator Market, By Door Type
- 14.1. Overview
- 14.2. Automatic
- 14.2.1 Automatic Market, By Region
- 14.3. Manual
- 14.3.1 Manual Market, By Region
- 15. Global Elevator Market, By Application
- 15.1. Overview
- 15.2. Residential
- 15.2.1 Residential Market, By Region
- 15.3. Commercial
- 15.3.1 Commercial Market, By Region
- 15.4. Industrial
- 15.4.1 Industrial Market, By Region
- 16. Global Elevator Market, By Region
- 16.1. Overview
- 16.2. North America
- 16.2.1 North America Elevator Market, By Type
- 16.2.2 North America Elevator Market, By Technology
- 16.2.2.1. North America Traction Market, By Technology
- 16.2.3 North America Elevator Market, By Service
- 16.2.4 North America Elevator Market, By Capacity
- 16.2.5 North America Elevator Market, By Speed
- 16.2.6 North America Elevator Market, By Deck Type
- 16.2.7 North America Elevator Market, By Designation Control
- 16.2.8 North America Elevator Market, By Door Type
- 16.2.9 North America Elevator Market, By Application
- 16.2.10 North America Elevator Market, By Country
- 16.2.10.1. U.S.
- 16.2.10.1.1. U.S. Elevator Market, By Type
- 16.2.10.1.2. U.S. Elevator Market, By Technology
- 16.2.10.1.2.1. U.S. Traction Market, By Technology
- 16.2.10.1.3. U.S. Elevator Market, By Service
- 16.2.10.1.4. U.S. Elevator Market, By Capacity
- 16.2.10.1.5. U.S. Elevator Market, By Speed
- 16.2.10.1.6. U.S. Elevator Market, By Deck Type
- 16.2.10.1.7. U.S. Elevator Market, By Designation Control
- 16.2.10.1.8. U.S. Elevator Market, By Door Type
- 16.2.10.1.9. U.S. Elevator Market, By Application
- 16.2.10.2. Canada
- 16.2.10.2.1. Canada Elevator Market, By Type
- 16.2.10.2.2. Canada Elevator Market, By Technology
- 16.2.10.2.2.1. Canada Traction Market, By Technology
- 16.2.10.2.3. Canada Elevator Market, By Service
- 16.2.10.2.4. Canada Elevator Market, By Capacity
- 16.2.10.2.5. Canada Elevator Market, By Speed
- 16.2.10.2.6. Canada Elevator Market, By Deck Type
- 16.2.10.2.7. Canada Elevator Market, By Designation Control
- 16.2.10.2.8. Canada Elevator Market, By Door Type
- 16.2.10.2.9. Canada Elevator Market, By Application
- 16.2.10.3. Mexico
- 16.2.10.3.1. Mexico Elevator Market, By Type
- 16.2.10.3.2. Mexico Elevator Market, By Technology
- 16.2.10.3.2.1. Mexico Traction Market, By Technology
- 16.2.10.3.3. Mexico Elevator Market, By Service
- 16.2.10.3.4. Mexico Elevator Market, By Capacity
- 16.2.10.3.5. Mexico Elevator Market, By Speed
- 16.2.10.3.6. Mexico Elevator Market, By Deck Type
- 16.2.10.3.7. Mexico Elevator Market, By Designation Control
- 16.2.10.3.8. Mexico Elevator Market, By Door Type
- 16.2.10.3.9. Mexico Elevator Market, By Application
- 16.3. Europe
- 16.3.1 Europe Elevator Market, By Type
- 16.3.2 Europe Elevator Market, By Technology
- 16.3.2.1. Europe Traction Market, By Technology
- 16.3.3 Europe Elevator Market, By Service
- 16.3.4 Europe Elevator Market, By Capacity
- 16.3.5 Europe Elevator Market, By Speed
- 16.3.6 Europe Elevator Market, By Deck Type
- 16.3.7 Europe Elevator Market, By Designation Control
- 16.3.8 Europe Elevator Market, By Door Type
- 16.3.9 Europe Elevator Market, By Application
- 16.3.10 Europe Elevator Market, By Country
- 16.3.10.1. Uk
- 16.3.10.1.1. Uk Elevator Market, By Type
- 16.3.10.1.2. Uk Elevator Market, By Technology
- 16.3.10.1.2.1. Uk Traction Market, By Technology
- 16.3.10.1.3. Uk Elevator Market, By Service
- 16.3.10.1.4. Uk Elevator Market, By Capacity
- 16.3.10.1.5. Uk Elevator Market, By Speed
- 16.3.10.1.6. Uk Elevator Market, By Deck Type
- 16.3.10.1.7. Uk Elevator Market, By Designation Control
- 16.3.10.1.8. Uk Elevator Market, By Door Type
- 16.3.10.1.9. Uk Elevator Market, By Application
- 16.3.10.2. Germany
- 16.3.10.2.1. Germany Elevator Market, By Type
- 16.3.10.2.2. Germany Elevator Market, By Technology
- 16.3.10.2.2.1. Germany Traction Market, By Technology
- 16.3.10.2.3. Germany Elevator Market, By Service
- 16.3.10.2.4. Germany Elevator Market, By Capacity
- 16.3.10.2.5. Germany Elevator Market, By Speed
- 16.3.10.2.6. Germany Elevator Market, By Deck Type
- 16.3.10.2.7. Germany Elevator Market, By Designation Control
- 16.3.10.2.8. Germany Elevator Market, By Door Type
- 16.3.10.2.9. Germany Elevator Market, By Application
- 16.3.10.3. France
- 16.3.10.3.1. France Elevator Market, By Type
- 16.3.10.3.2. France Elevator Market, By Technology
- 16.3.10.3.2.1. France Traction Market, By Technology
- 16.3.10.3.3. France Elevator Market, By Service
- 16.3.10.3.4. France Elevator Market, By Capacity
- 16.3.10.3.5. France Elevator Market, By Speed
- 16.3.10.3.6. France Elevator Market, By Deck Type
- 16.3.10.3.7. France Elevator Market, By Designation Control
- 16.3.10.3.8. France Elevator Market, By Door Type
- 16.3.10.3.9. France Elevator Market, By Application
- 16.3.10.4. Italy
- 16.3.10.4.1. Italy Elevator Market, By Type
- 16.3.10.4.2. Italy Elevator Market, By Technology
- 16.3.10.4.2.1. Italy Traction Market, By Technology
- 16.3.10.4.3. Italy Elevator Market, By Service
- 16.3.10.4.4. Italy Elevator Market, By Capacity
- 16.3.10.4.5. Italy Elevator Market, By Speed
- 16.3.10.4.6. Italy Elevator Market, By Deck Type
- 16.3.10.4.7. Italy Elevator Market, By Designation Control
- 16.3.10.4.8. Italy Elevator Market, By Door Type
- 16.3.10.4.9. Italy Elevator Market, By Application
- 16.3.10.5. Spain
- 16.3.10.5.1. Spain Elevator Market, By Type
- 16.3.10.5.2. Spain Elevator Market, By Technology
- 16.3.10.5.2.1. Spain Traction Market, By Technology
- 16.3.10.5.3. Spain Elevator Market, By Service
- 16.3.10.5.4. Spain Elevator Market, By Capacity
- 16.3.10.5.5. Spain Elevator Market, By Speed
- 16.3.10.5.6. Spain Elevator Market, By Deck Type
- 16.3.10.5.7. Spain Elevator Market, By Designation Control
- 16.3.10.5.8. Spain Elevator Market, By Door Type
- 16.3.10.5.9. Spain Elevator Market, By Application
- 16.3.10.6. Denmark
- 16.3.10.6.1. Denmark Elevator Market, By Type
- 16.3.10.6.2. Denmark Elevator Market, By Technology
- 16.3.10.6.2.1. Denmark Traction Market, By Technology
- 16.3.10.6.3. Denmark Elevator Market, By Service
- 16.3.10.6.4. Denmark Elevator Market, By Capacity
- 16.3.10.6.5. Denmark Elevator Market, By Speed
- 16.3.10.6.6. Denmark Elevator Market, By Deck Type
- 16.3.10.6.7. Denmark Elevator Market, By Designation Control
- 16.3.10.6.8. Denmark Elevator Market, By Door Type
- 16.3.10.6.9. Denmark Elevator Market, By Application
- 16.3.10.7. Netherlands
- 16.3.10.7.1. Netherlands Elevator Market, By Type
- 16.3.10.7.2. Netherlands Elevator Market, By Technology
- 16.3.10.7.2.1. Netherlands Traction Market, By Technology
- 16.3.10.7.3. Netherlands Elevator Market, By Service
- 16.3.10.7.4. Netherlands Elevator Market, By Capacity
- 16.3.10.7.5. Netherlands Elevator Market, By Speed
- 16.3.10.7.6. Netherlands Elevator Market, By Deck Type
- 16.3.10.7.7. Netherlands Elevator Market, By Designation Control
- 16.3.10.7.8. Netherlands Elevator Market, By Door Type
- 16.3.10.7.9. Netherlands Elevator Market, By Application
- 16.3.10.8. Finland
- 16.3.10.8.1. Finland Elevator Market, By Type
- 16.3.10.8.2. Finland Elevator Market, By Technology
- 16.3.10.8.2.1. Finland Traction Market, By Technology
- 16.3.10.8.3. Finland Elevator Market, By Service
- 16.3.10.8.4. Finland Elevator Market, By Capacity
- 16.3.10.8.5. Finland Elevator Market, By Speed
- 16.3.10.8.6. Finland Elevator Market, By Deck Type
- 16.3.10.8.7. Finland Elevator Market, By Designation Control
- 16.3.10.8.8. Finland Elevator Market, By Door Type
- 16.3.10.8.9. Finland Elevator Market, By Application
- 16.3.10.9. Sweden
- 16.3.10.9.1. Sweden Elevator Market, By Type
- 16.3.10.9.2. Sweden Elevator Market, By Technology
- 16.3.10.9.2.1. Sweden Traction Market, By Technology
- 16.3.10.9.3. Sweden Elevator Market, By Service
- 16.3.10.9.4. Sweden Elevator Market, By Capacity
- 16.3.10.9.5. Sweden Elevator Market, By Speed
- 16.3.10.9.6. Sweden Elevator Market, By Deck Type
- 16.3.10.9.7. Sweden Elevator Market, By Designation Control
- 16.3.10.9.8. Sweden Elevator Market, By Door Type
- 16.3.10.9.9. Sweden Elevator Market, By Application
- 16.3.10.10. Norway
- 16.3.10.10.1. Norway Elevator Market, By Type
- 16.3.10.10.2. Norway Elevator Market, By Technology
- 16.3.10.10.2.1. Norway Traction Market, By Technology
- 16.3.10.10.3. Norway Elevator Market, By Service
- 16.3.10.10.4. Norway Elevator Market, By Capacity
- 16.3.10.10.5. Norway Elevator Market, By Speed
- 16.3.10.10.6. Norway Elevator Market, By Deck Type
- 16.3.10.10.7. Norway Elevator Market, By Designation Control
- 16.3.10.10.8. Norway Elevator Market, By Door Type
- 16.3.10.10.9. Norway Elevator Market, By Application
- 16.3.10.11. Russia
- 16.3.10.11.1. Russia Elevator Market, By Type
- 16.3.10.11.2. Russia Elevator Market, By Technology
- 16.3.10.11.2.1. Russia Traction Market, By Technology
- 16.3.10.11.3. Russia Elevator Market, By Service
- 16.3.10.11.4. Russia Elevator Market, By Capacity
- 16.3.10.11.5. Russia Elevator Market, By Speed
- 16.3.10.11.6. Russia Elevator Market, By Deck Type
- 16.3.10.11.7. Russia Elevator Market, By Designation Control
- 16.3.10.11.8. Russia Elevator Market, By Door Type
- 16.3.10.11.9. Russia Elevator Market, By Application
- 16.3.10.12. Rest Of Europe
- 16.3.10.12.1. Rest Of Europe Elevator Market, By Type
- 16.3.10.12.2. Rest Of Europe Elevator Market, By Technology
- 16.3.10.12.2.1. Rest Of Europe Traction Market, By Technology
- 16.3.10.12.3. Rest Of Europe Elevator Market, By Service
- 16.3.10.12.4. Rest Of Europe Elevator Market, By Capacity
- 16.3.10.12.5. Rest Of Europe Elevator Market, By Speed
- 16.3.10.12.6. Rest Of Europe Elevator Market, By Deck Type
- 16.3.10.12.7. Rest Of Europe Elevator Market, By Designation Control
- 16.3.10.12.8. Rest Of Europe Elevator Market, By Door Type
- 16.3.10.12.9. Rest Of Europe Elevator Market, By Application
- 16.4. Asia-pacific
- 16.4.1 Asia-pacific Elevator Market, By Type
- 16.4.2 Asia-pacific Elevator Market, By Technology
- 16.4.2.1. Asia-pacific Traction Market, By Technology
- 16.4.3 Asia-pacific Elevator Market, By Service
- 16.4.4 Asia-pacific Elevator Market, By Capacity
- 16.4.5 Asia-pacific Elevator Market, By Speed
- 16.4.6 Asia-pacific Elevator Market, By Deck Type
- 16.4.7 Asia-pacific Elevator Market, By Designation Control
- 16.4.8 Asia-pacific Elevator Market, By Door Type
- 16.4.9 Asia-pacific Elevator Market, By Application
- 16.4.10 Asia-pacific Elevator Market, By Country
- 16.4.10.1. China
- 16.4.10.1.1. China Elevator Market, By Type
- 16.4.10.1.2. China Elevator Market, By Technology
- 16.4.10.1.2.1. China Traction Market, By Technology
- 16.4.10.1.3. China Elevator Market, By Service
- 16.4.10.1.4. China Elevator Market, By Capacity
- 16.4.10.1.5. China Elevator Market, By Speed
- 16.4.10.1.6. China Elevator Market, By Deck Type
- 16.4.10.1.7. China Elevator Market, By Designation Control
- 16.4.10.1.8. China Elevator Market, By Door Type
- 16.4.10.1.9. China Elevator Market, By Application
- 16.4.10.2. Japan
- 16.4.10.2.1. Japan Elevator Market, By Type
- 16.4.10.2.2. Japan Elevator Market, By Technology
- 16.4.10.2.2.1. Japan Traction Market, By Technology
- 16.4.10.2.3. Japan Elevator Market, By Service
- 16.4.10.2.4. Japan Elevator Market, By Capacity
- 16.4.10.2.5. Japan Elevator Market, By Speed
- 16.4.10.2.6. Japan Elevator Market, By Deck Type
- 16.4.10.2.7. Japan Elevator Market, By Designation Control
- 16.4.10.2.8. Japan Elevator Market, By Door Type
- 16.4.10.2.9. Japan Elevator Market, By Application
- 16.4.10.3. India
- 16.4.10.3.1. India Elevator Market, By Type
- 16.4.10.3.2. India Elevator Market, By Technology
- 16.4.10.3.2.1. India Traction Market, By Technology
- 16.4.10.3.3. India Elevator Market, By Service
- 16.4.10.3.4. India Elevator Market, By Capacity
- 16.4.10.3.5. India Elevator Market, By Speed
- 16.4.10.3.6. India Elevator Market, By Deck Type
- 16.4.10.3.7. India Elevator Market, By Designation Control
- 16.4.10.3.8. India Elevator Market, By Door Type
- 16.4.10.3.9. India Elevator Market, By Application
- 16.4.10.4. South Korea
- 16.4.10.4.1. South Korea Elevator Market, By Type
- 16.4.10.4.2. South Korea Elevator Market, By Technology
- 16.4.10.4.2.1. South Korea Traction Market, By Technology
- 16.4.10.4.3. South Korea Elevator Market, By Service
- 16.4.10.4.4. South Korea Elevator Market, By Capacity
- 16.4.10.4.5. South Korea Elevator Market, By Speed
- 16.4.10.4.6. South Korea Elevator Market, By Deck Type
- 16.4.10.4.7. South Korea Elevator Market, By Designation Control
- 16.4.10.4.8. South Korea Elevator Market, By Door Type
- 16.4.10.4.9. South Korea Elevator Market, By Application
- 16.4.10.5. Australia
- 16.4.10.5.1. Australia Elevator Market, By Type
- 16.4.10.5.2. Australia Elevator Market, By Technology
- 16.4.10.5.2.1. Australia Traction Market, By Technology
- 16.4.10.5.3. Australia Elevator Market, By Service
- 16.4.10.5.4. Australia Elevator Market, By Capacity
- 16.4.10.5.5. Australia Elevator Market, By Speed
- 16.4.10.5.6. Australia Elevator Market, By Deck Type
- 16.4.10.5.7. Australia Elevator Market, By Designation Control
- 16.4.10.5.8. Australia Elevator Market, By Door Type
- 16.4.10.5.9. Australia Elevator Market, By Application
- 16.4.10.6. Indonesia
- 16.4.10.6.1. Indonesia Elevator Market, By Type
- 16.4.10.6.2. Indonesia Elevator Market, By Technology
- 16.4.10.6.2.1. Indonesia Traction Market, By Technology
- 16.4.10.6.3. Indonesia Elevator Market, By Service
- 16.4.10.6.4. Indonesia Elevator Market, By Capacity
- 16.4.10.6.5. Indonesia Elevator Market, By Speed
- 16.4.10.6.6. Indonesia Elevator Market, By Deck Type
- 16.4.10.6.7. Indonesia Elevator Market, By Designation Control
- 16.4.10.6.8. Indonesia Elevator Market, By Door Type
- 16.4.10.6.9. Indonesia Elevator Market, By Application
- 16.4.10.7. Singapore
- 16.4.10.7.1. Singapore Elevator Market, By Type
- 16.4.10.7.2. Singapore Elevator Market, By Technology
- 16.4.10.7.2.1. Singapore Traction Market, By Technology
- 16.4.10.7.3. Singapore Elevator Market, By Service
- 16.4.10.7.4. Singapore Elevator Market, By Capacity
- 16.4.10.7.5. Singapore Elevator Market, By Speed
- 16.4.10.7.6. Singapore Elevator Market, By Deck Type
- 16.4.10.7.7. Singapore Elevator Market, By Designation Control
- 16.4.10.7.8. Singapore Elevator Market, By Door Type
- 16.4.10.7.9. Singapore Elevator Market, By Application
- 16.4.10.8. Taiwan
- 16.4.10.8.1. Taiwan Elevator Market, By Type
- 16.4.10.8.2. Taiwan Elevator Market, By Technology
- 16.4.10.8.2.1. Taiwan Traction Market, By Technology
- 16.4.10.8.3. Taiwan Elevator Market, By Service
- 16.4.10.8.4. Taiwan Elevator Market, By Capacity
- 16.4.10.8.5. Taiwan Elevator Market, By Speed
- 16.4.10.8.6. Taiwan Elevator Market, By Deck Type
- 16.4.10.8.7. Taiwan Elevator Market, By Designation Control
- 16.4.10.8.8. Taiwan Elevator Market, By Door Type
- 16.4.10.8.9. Taiwan Elevator Market, By Application
- 16.4.10.9. Thailand
- 16.4.10.9.1. Thailand Elevator Market, By Type
- 16.4.10.9.2. Thailand Elevator Market, By Technology
- 16.4.10.9.2.1. Thailand Traction Market, By Technology
- 16.4.10.9.3. Thailand Elevator Market, By Service
- 16.4.10.9.4. Thailand Elevator Market, By Capacity
- 16.4.10.9.5. Thailand Elevator Market, By Speed
- 16.4.10.9.6. Thailand Elevator Market, By Deck Type
- 16.4.10.9.7. Thailand Elevator Market, By Designation Control
- 16.4.10.9.8. Thailand Elevator Market, By Door Type
- 16.4.10.9.9. Thailand Elevator Market, By Application
- 16.4.10.10. Rest Of Asia-pacific
- 16.4.10.10.1. Rest Of Asia-pacific Elevator Market, By Type
- 16.4.10.10.2. Rest Of Asia-pacific Elevator Market, By Technology
- 16.4.10.10.2.1. Rest Of Asia-pacific Traction Market, By Technology
- 16.4.10.10.3. Rest Of Asia-pacific Elevator Market, By Service
- 16.4.10.10.4. Rest Of Asia-pacific Elevator Market, By Capacity
- 16.4.10.10.5. Rest Of Asia-pacific Elevator Market, By Speed
- 16.4.10.10.6. Rest Of Asia-pacific Elevator Market, By Deck Type
- 16.4.10.10.7. Rest Of Asia-pacific Elevator Market, By Designation Control
- 16.4.10.10.8. Rest Of Asia-pacific Elevator Market, By Door Type
- 16.4.10.10.9. Rest Of Asia-pacific Elevator Market, By Application
- 16.5. Rest Of World
- 16.5.1 Rest Of World Elevator Market, By Type
- 16.5.2 Rest Of World Elevator Market, By Technology
- 16.5.2.1. Rest Of World Traction Market, By Technology
- 16.5.3 Rest Of World Elevator Market, By Service
- 16.5.4 Rest Of World Elevator Market, By Capacity
- 16.5.5 Rest Of World Elevator Market, By Speed
- 16.5.6 Rest Of World Elevator Market, By Deck Type
- 16.5.7 Rest Of World Elevator Market, By Designation Control
- 16.5.8 Rest Of World Elevator Market, By Door Type
- 16.5.9 Rest Of World Elevator Market, By Application
- 16.5.10 Rest Of World Elevator Market, By Country
- 16.5.10.1. Latin America
- 16.5.10.1.1. Latin America Elevator Market, By Type
- 16.5.10.1.2. Latin America Elevator Market, By Technology
- 16.5.10.1.2.1. Latin America Traction Market, By Technology
- 16.5.10.1.3. Latin America Elevator Market, By Service
- 16.5.10.1.4. Latin America Elevator Market, By Capacity
- 16.5.10.1.5. Latin America Elevator Market, By Speed
- 16.5.10.1.6. Latin America Elevator Market, By Deck Type
- 16.5.10.1.7. Latin America Elevator Market, By Designation Control
- 16.5.10.1.8. Latin America Elevator Market, By Door Type
- 16.5.10.1.9. Latin America Elevator Market, By Application
- 16.5.10.2. Middle East
- 16.5.10.2.1. Middle East Elevator Market, By Type
- 16.5.10.2.2. Middle East Elevator Market, By Technology
- 16.5.10.2.2.1. Middle East Traction Market, By Technology
- 16.5.10.2.3. Middle East Elevator Market, By Service
- 16.5.10.2.4. Middle East Elevator Market, By Capacity
- 16.5.10.2.5. Middle East Elevator Market, By Speed
- 16.5.10.2.6. Middle East Elevator Market, By Deck Type
- 16.5.10.2.7. Middle East Elevator Market, By Designation Control
- 16.5.10.2.8. Middle East Elevator Market, By Door Type
- 16.5.10.2.9. Middle East Elevator Market, By Application
- 16.5.10.3. Africa
- 16.5.10.3.1. Africa Elevator Market, By Type
- 16.5.10.3.2. Africa Elevator Market, By Technology
- 16.5.10.3.2.1. Africa Traction Market, By Technology
- 16.5.10.3.3. Africa Elevator Market, By Service
- 16.5.10.3.4. Africa Elevator Market, By Capacity
- 16.5.10.3.5. Africa Elevator Market, By Speed
- 16.5.10.3.6. Africa Elevator Market, By Deck Type
- 16.5.10.3.7. Africa Elevator Market, By Designation Control
- 16.5.10.3.8. Africa Elevator Market, By Door Type
- 16.5.10.3.9. Africa Elevator Market, By Application
- 17. Company Profiles
- 17.1. Schindler
- 17.1.1 Company Overview
- 17.1.2 Company Snapshot
- 17.1.3 Operating Business Segments
- 17.1.4 Product Portfolio
- 17.1.5 Business Performance
- 17.1.6 Sales By Business Segment
- 17.1.7 Sales By Geographic Segment
- 17.1.8 Key Strategic Moves & Developments
- 17.1.9 Primary Market Competitors
- 17.2. Otis
- 17.2.1 Company Overview
- 17.2.2 Company Snapshot
- 17.2.3 Operating Business Segments
- 17.2.4 Product Portfolio
- 17.2.5 Business Performance
- 17.2.6 Sales By Business Segment
- 17.2.7 Sales By Geographic Segment
- 17.2.8 Key Strategic Moves & Developments
- 17.2.9 Primary Market Competitors
- 17.3. Kone Corporation
- 17.3.1 Company Overview
- 17.3.2 Company Snapshot
- 17.3.3 Operating Business Segments
- 17.3.4 Product Portfolio
- 17.3.5 Business Performance
- 17.3.6 Sales By Business Segment
- 17.3.7 Sales By Geographic Segment
- 17.3.8 Key Strategic Moves & Developments
- 17.3.9 Primary Market Competitors
- 17.4. Hitachi Ltd.
- 17.4.1 Company Overview
- 17.4.2 Company Snapshot
- 17.4.3 Operating Business Segments
- 17.4.4 Product Portfolio
- 17.4.5 Business Performance
- 17.4.6 Sales By Business Segment
- 17.4.7 Sales By Geographic Segment
- 17.4.8 Key Strategic Moves & Developments
- 17.4.9 Primary Market Competitors
- 17.5. Hyundai Elevator Co., Ltd.,
- 17.5.1 Company Overview
- 17.5.2 Company Snapshot
- 17.5.3 Product Portfolio
- 17.5.4 Key Strategic Moves & Developments
- 17.5.5 Primary Market Competitors
- 17.6. Fujitec Co., Ltd
- 17.6.1 Company Overview
- 17.6.2 Company Snapshot
- 17.6.3 Product Portfolio
- 17.6.4 Business Performance
- 17.6.5 Sales By Geographic Segment
- 17.6.6 Key Strategic Moves & Developments
- 17.6.7 Primary Market Competitors
- 17.7. Winone Elevator Company Limited
- 17.7.1 Company Overview
- 17.7.2 Company Snapshot
- 17.7.3 Product Portfolio
- 17.7.4 Business Performance
- 17.7.5 Key Strategic Moves & Developments
- 17.7.6 Primary Market Competitors
- 17.8. Toshiba Elevator And Building Systems Corporation Company
- 17.8.1 Company Overview
- 17.8.2 Company Snapshot
- 17.8.3 Product Portfolio
- 17.8.4 Business Performance
- 17.8.5 Key Strategic Moves & Developments
- 17.8.6 Primary Market Competitors
- 17.9. Mitsubishi Electric Corporation
- 17.9.1 Company Overview
- 17.9.2 Company Snapshot
- 17.9.3 Operating Business Segments
- 17.9.4 Product Portfolio
- 17.9.5 Business Performance
- 17.9.6 Sales By Business Segment
- 17.9.7 Sales By Geographic Segment
- 17.9.8 Key Strategic Moves & Developments
- 17.9.9 Primary Market Competitors
- 17.10. Tk Elevator
- 17.10.1 Company Overview
- 17.10.2 Company Snapshot
- 17.10.3 Product Portfolio
- 17.10.4 Key Strategic Moves & Developments
- 17.10.5 Primary Market Competitors
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