The global demand for Escalators & Moving Walkways Market is presumed to reach the market size of nearly USD 42.93 Billion by 2032 from USD 22.94 Billion in 2023 with a CAGR of 7.21% under the study period 2024-2032.
Escalators & moving walkways are mechanized systems designed to transport people between different levels or over short distances within buildings and transportation hubs. Escalators are moving staircases that carry passengers up or down, while moving walkways are flat or inclined conveyor systems for horizontal or slightly angled travel. These systems enhance mobility and accessibility in places like shopping malls, airports, and transit stations, improving the flow of pedestrian traffic and reducing the physical effort required to navigate large spaces.
The escalators & moving walkways market is propelled by various factors, with urbanization and infrastructure development being the primary drivers. Booming urbanization in developing countries has led to propelled construction of commercial complexes, airports, shopping malls, and metro stations, where escalators and moving walkways are essential for efficient people's movement. The growing focus on enhancing public transportation infrastructure, particularly in densely populated urban areas, significantly boosts the demand for these systems. Technological advancements have resulted in the development of more energy-efficient and reliable escalators & moving walkways, which are gaining widespread adoption.
The aging population in many developed countries also drives the market, as escalators and moving walkways provide easier mobility for older people. Additionally, the emphasis on improving passenger experience in airports and metro stations has led to installing advanced and aesthetically pleasing escalators & moving walkways. Safety regulations & standards are becoming more strict, prompting manufacturers to innovate and offer safer and more efficient products. However, high installation and maintenance costs and the need for regular safety inspections may challenge market growth in the coming years.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Escalators & Moving Walkways. The growth and trends of Escalators & Moving Walkways industry provide a holistic approach to this study.
This section of the Escalators & Moving Walkways market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
By Height
By Business
By End Use
This section covers the regional outlook, which accentuates current and future demand for the Escalators & Moving Walkways market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Escalators & Moving Walkways market include Dazen Elevator, Fujitec, Hitachi Ltd, Hyundai Elevator Company, Johnson Lifts Private Limited, Kleemann, Kone Corporation, Mitsubishi Electric Corp, Otis Elevator Company, Schindler, Sicher Elevator Co. Ltd., Sigma Elevator Company, Stannah, TK Elevator, Toshiba Corporatio. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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. ESCALATORS & MOVING WALKWAYS – 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 Height
3.7.3 Market Attractiveness Analysis By Business
3.7.4 Market Attractiveness Analysis By End Use
3.7.5 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. GLOBAL ESCALATORS & MOVING WALKWAYS MARKET ANALYSIS BY PRODUCT
5.1. Overview By Product
5.2. Historical and Forecast Data Analysis By Product
5.3. Escalators (Parallel, Multi-Parallel, Others (Belt-Type Escalators, Step Type Escalators, Etc.)) Historic and Forecast Sales By Regions
5.4. Moving Walkways Historic and Forecast Sales By Regions
6. GLOBAL ESCALATORS & MOVING WALKWAYS MARKET ANALYSIS BY HEIGHT
6.1. Overview By Height
6.2. Historical and Forecast Data Analysis By Height
6.3. Low-Rise Historic and Forecast Sales By Regions
6.4. Mid-Rise Historic and Forecast Sales By Regions
6.5. High-Rise Historic and Forecast Sales By Regions
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