Market Research Report

Global Elevator And Escalator Market Report By Product (Traction Elevator, Hydraulic Elevator, Climbing Elevator, Pneumatic Elevator And Escalator), By Application (Residential Building And Commercial Building) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028

ID:VMR11210277
March 2022
Report Formats: Electronic (PDF), MS EXCEL

Rising usage of elevator and escalators at airports, malls, subways, hospitals, office buildings, and other commercial spaces to offer ease in transit is driving the market growth. Growing geriatric population is another factor boosting its installation in the residential sector. Booming construction sector resulting into rapid demand of elevators in high-rise and mid-rise buildings is further pushing the market growth. Socioeconomic factors such as the rise in per capita income and increase in standard of living are also impacting the market growth positively. 

The latest report by Value Market Research expects the Global Elevator And Escalator Market to reach USD 167.2 billion by 2025. It was valued USD 99.1 billion in 2018. The report foresees a 7.8% CAGR from 2019 to 2025.
 
Hydraulic elevators dominated the segment
In 2018, hydraulic elevators emerged as the leading product segment. Advantages of hydraulic lifts are it is efficient, relatively cheaper, occupies less space, easy to install and maintain are driving its demand.
 
Residential building dominated the application segment
By application, residential building led the segment in 2018. Rising construction of high-rise and mid-rise residential apartments is driving the segment growth. High disposable income, an increasing trend of nuclear families is pushing the construction of the residential building. Rising installation of elevators in residential building owing to rise in old aged population and patients suffering from arthritis and other joint related disorders are boosting the market demand.
 
Asia Pacific dominated the regional market
Geographically, Asia Pacific led the market and has accounted for major market share in 2018. Rapid urbanization and industrialization in developing countries such as China and India are driving market growth. Also, High population density, the rise in disposable income and increase in standard of living are some of the prominent factors spurring the regional market growth.
 
Key players of the market
Major vendors of the market are Fujitec, Hitachi, Hyundai, Kone Elevator, Mitsubishi, Otis, ThyssenKrupp, and Toshiba.

As per this study, the Global Elevator And Escalator Market was valued USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2028 with a CAGR of XX%.
 
The elevator is a power-driven installation that runs in definite vertical guidelines and lifts up people or goods between floors of the building. Whereas, the escalator is the set of moving stairs that are electrically powered used to carry passenger upwards or downwards in subways, buildings and public utility areas. Both elevators and escalators are used to provide rapid and convenient transportation between floors of the infrastructure.
 
Market Dynamics
 
Rising construction of airports, subways, commercial complexes, shopping malls are majorly driving the elevator and escalator market growth. Rising installation of elevators and escalator in high-rise building and skyscrapers is further boosting the market growth. Rapid urbanization, along with the increasing count of retail and metro station is again pushing the market growth uphill. However, high installation cost may hinder the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of elevator and escalator.
 
Market Segmentation
 
The broad elevator and escalator market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Product
  • Traction Elevator
  • Hydraulic Elevator
  • Climbing Elevator
  • Pneumatic Elevator
  • Escalator
 
By Application
  • Residential Building
  • Commercial Building
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for elevator and escalator in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Global Elevator And Escalator Market Share by Region (Representative Graph)
 
Global Elevator And Escalator Market Share
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the elevator and escalator market include Fujitec, Hitachi, Hyundai, Kone Elevator, Mitsubishi, Otis, ThyssenKrupp and Toshiba. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
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1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . ELEVATOR AND ESCALATOR – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 Market Attractiveness Analysis By Product
           3.7.2 Market Attractiveness Analysis By Application
           3.7.3 Market Attractiveness Analysis By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic 
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL ELEVATOR AND ESCALATOR MARKET ANALYSIS BY PRODUCT
       6.1 Overview by Product
       6.2 Historical and Forecast Data
       6.3 Analysis by Product
       6.4 Traction Elevator Historic and Forecast Sales by Regions
       6.5 Hydraulic Elevator Historic and Forecast Sales by Regions
       6.6 Climbing Elevator Historic and Forecast Sales by Regions
       6.7 Pneumatic Elevator Historic and Forecast Sales by Regions
       6.8 Escalator Historic and Forecast Sales by Regions
 
7 . GLOBAL ELEVATOR AND ESCALATOR MARKET ANALYSIS BY APPLICATION
       7.1 Overview by Application
       7.2 Historical and Forecast Data
       7.3 Analysis by Application
       7.4 Residential Building Historic and Forecast Sales by Regions
       7.5 Commercial Building Historic and Forecast Sales by Regions
 
8 . GLOBAL ELEVATOR AND ESCALATOR MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America Sales Analysis
           8.3.1. Overview, Historic and Forecast Sales Analysis
           8.3.2. North America By Segment Sales Analysis
           8.3.3. North America By Country Sales Analysis
           8.3.4. United State Sales Analysis
           8.3.5. Canada Sales Analysis
           8.3.6. Mexico Sales Analysis
       8.4. Europe Sales Analysis
           8.4.1. Overview, Historic and Forecast Sales Analysis
           8.4.2. Europe by Segment Sales Analysis
           8.4.3. Europe by Country Sales Analysis
           8.4.4. United Kingdom Sales Analysis
           8.4.5. France Sales Analysis
           8.4.6. Germany Sales Analysis
           8.4.7. Italy Sales Analysis
           8.4.8. Russia Sales Analysis
           8.4.9. Rest Of Europe Sales Analysis
       8.5. Asia Pacific Sales Analysis
           8.5.1. Overview, Historic and Forecast Sales Analysis
           8.5.2. Asia Pacific by Segment Sales Analysis
           8.5.3. Asia Pacific by Country Sales Analysis
           8.5.4. China Sales Analysis
           8.5.5. India Sales Analysis
           8.5.6. Japan Sales Analysis
           8.5.7. South Korea Sales Analysis
           8.5.8. Australia Sales Analysis
           8.5.9. Rest Of Asia Pacific Sales Analysis
       8.6. Latin America Sales Analysis
           8.6.1. Overview, Historic and Forecast Sales Analysis
           8.6.2. Latin America by Segment Sales Analysis
           8.6.3. Latin America by Country Sales Analysis
           8.6.4. Brazil Sales Analysis
           8.6.5. Argentina Sales Analysis
           8.6.6. Peru Sales Analysis
           8.6.7. Chile Sales Analysis
           8.6.8. Rest of Latin America Sales Analysis
       8.7. Middle East & Africa Sales Analysis
           8.7.1. Overview, Historic and Forecast Sales Analysis
           8.7.2. Middle East & Africa by Segment Sales Analysis
           8.7.3. Middle East & Africa by Country Sales Analysis
           8.7.4. Saudi Arabia Sales Analysis
           8.7.5. UAE Sales Analysis
           8.7.6. Israel Sales Analysis
           8.7.7. South Africa Sales Analysis
           8.7.8. Rest Of Middle East And Africa Sales Analysis
 
9 . COMPETITIVE LANDSCAPE OF THE ELEVATOR AND ESCALATOR COMPANIES
       9.1. Elevator And Escalator Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF ELEVATOR AND ESCALATOR INDUSTRY
       10.1. Top 10  Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Fujitec
           10.3.1. Company Overview
           10.3.2. Company Revenue
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. Hitachi
           10.4.1. Company Overview
           10.4.2. Company Revenue
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Hyundai
           10.5.1. Company Overview
           10.5.2. Company Revenue
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Kone Elevator
           10.6.1. Company Overview
           10.6.2. Company Revenue
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Mitsubishi
           10.7.1. Company Overview
           10.7.2. Company Revenue
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. Otis
           10.8.1. Company Overview
           10.8.2. Company Revenue
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. ThyssenKrupp
           10.9.1. Company Overview
           10.9.2. Company Revenue
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. Toshiba
           10.10.1. Company Overview
           10.10.2. Company Revenue
           10.10.3. Products
           10.10.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Product (USD MN)
  •  Traction Elevator Market Sales by Geography (USD MN)
  •  Hydraulic Elevator Market Sales by Geography (USD MN)
  •  Climbing Elevator Market Sales by Geography (USD MN)
  •  Pneumatic Elevator Market Sales by Geography (USD MN)
  •  Escalator Market Sales by Geography (USD MN)
  •  Analysis Market by Application (USD MN)
  •  Residential Building Market Sales by Geography (USD MN)
  •  Commercial Building Market Sales by Geography (USD MN)
  •  Global Elevator And Escalator Market Sales by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Elevator And Escalator Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Elevator And Escalator Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Product
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Product (USD MN)
  •  Traction Elevator Market Sales by Geography (USD MN)
  •  Hydraulic Elevator Market Sales by Geography (USD MN)
  •  Climbing Elevator Market Sales by Geography (USD MN)
  •  Pneumatic Elevator Market Sales by Geography (USD MN)
  •  Escalator Market Sales by Geography (USD MN)
  •  Global Market Analysis by Application (USD MN)
  •  Residential Building Market Sales by Geography (USD MN)
  •  Commercial Building Market Sales by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Top 10  Company Share Analysis
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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  • Analyze competitive developments

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