Global elevator & escalator market is projected to grow from USD 85 billion in 2019 to around USD 105 billion by 2025, owing to the rising development of high-rise commercial and residential buildings, increasing capital inflow into the real-estate sector, and growing infrastructure development and construction activities. Moreover, improving after sales services, proactive maintenance and modernization of equipment and use of UltraRope elevator technology for high-rise buildings are expected to positively influence the global elevator & escalator market in the coming years.

As the elevator and escalator manufacturers are aiming on building sustainable products and adapting green strategies due to environmental concerns, there has been an increasing demand for green elevators, which is positively impacting the market growth. Moreover, the surge in government initiatives to save energy is expected to result in the growth of energy efficient escalators and elevators market by 2025. However, rise in elevator causalities due to elevator and escalators accidents might hamper the market growth in the coming years.

In terms of type, the market can be bifurcated into Elevator, Escalator & Moving Walkways. Elevators dominated the market in 2019 and the segment is expected to maintain its market dominance during the forecast period, backed by the wide usage in residential sector. By elevator technology, the market is segmented into Hydraulic, Traction & Machine Room-Less (MRL) Traction. Traction & MRL traction is the widely used elevator technology, globally, owing to its better safety features, low maintenance cost and high energy efficiency compared to other technologies.

Based on service, the market can be segmented into Maintenance & Repair, New Installation and Modernization. Maintenance and Repair service segment accounts for the largest market share, due to the increasing repair, reconstruction, and rehabilitation of existing infrastructure facilities along with strict government safety norms in Europe and North America. Market players are increasingly focusing on long-term maintenance and repair contracts.

Asia-Pacific is the largest contributor with over 40% value share in 2019 in the global elevator and escalator market. China is the largest contributing country in the region, followed by Japan, South Korea and India. Growing urbanization and infrastructure projects in China are contributing to the country’s leading market position. In India, the government initiatives such as National Industrial Corridor Program, Housing for All and Smart City Projects are expected to strengthen the demand for elevators and escalators in the country over the next five years.

Years Considered for this Report:

Historical Years: 2015 - 2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021 - 2025

Objective of the Study:

·         The primary objective of the study is to understand and gain insights about global elevator & escalator market by value & volume and its segmental analysis by type, by service, by elevator technology, by end-user, by elevator door type, by region and by company.

·         To estimate and forecast global elevator & escalator market size.

·         To categorize and forecast global elevator & escalator market by type - elevator, escalator and moving walkways.

·         To categorize and forecast global elevator & escalator market by service -maintenance & repair, new installation and modernization.

·         To categorize and forecast global elevator & escalator market by elevator technology including traction & machine room-less traction and hydraulic.

·         To categorize and forecast global elevator & escalator market by end-user - residential, commercial, institutional, infrastructure and others.

·         To categorize and forecast global elevator & escalator market by elevator door type - automatic and manual.

·         To categorize and forecast global elevator & escalator market by region such as Asia-Pacific, Europe, North America, South America and Middle East & Africa.

·         To identify major drivers & challenges for global elevator & escalator market.

·         To identify major trends in global elevator & escalator market.

·         To profile major companies operating in global elevator & escalator market.


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To analyze and forecast global elevator & escalator market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in global elevator & escalator market was also undertaken. Moreover, a detailed and in-depth scrutiny of information was done to understand each policy and external or internal factor which could increase or decrease the demand for elevators & escalators, globally. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have commissioned in the country were identified.

Various secondary sources such as white papers and secondary literature on elevators & escalators, National Bureau of Statistics of China, Central Statistics Office India, Canada Statistics, MEED, General Authority for Statistics of Saudi Arabia, European Lift Association, annual reports, investor presentation, International Monetary Fund and World Bank were also studied by TechSci Research.


Key Target Audience:

  • Elevator & escalator manufacturers, distributors and other stakeholders
  • Maintenance and repair companies

·         Organizations, forums and alliances related to elevator & escalator market

·         Government bodies such as regulating authorities and policy makers

·         Market research and consulting firms

The study is essential in delivering useful information to industry stakeholders such as manufacturing companies, assembling companies, distributors and end users related to elevator & escalator market. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities in specific market segments and geographies.

Report Scope:

In this report, global elevator & escalator market has been segmented into the following categories in addition to the industry trends which have also been listed below:

  • Market, by Type:
    • Elevator
    • Escalator
    • Moving Walk Ways
  • Market, by Service:
    • Maintenance & Repair
    • New Installation
    • Modernization
  • Market, by Elevator Technology:
    • Traction & Machine Room-Less Traction
    • Hydraulic
  • Market, by End-User:
    • Residential
    • Commercial
    • Institutional
    • Infrastructure
    • Others
  • Market, by Elevator Door Type:
    • Automatic
    • Manual

·         Market, by Region:

    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • India
      • Australia
      • Malaysia
      • Singapore
      • Indonesia
      • Vietnam
    • Europe
      • Germany
      • United Kingdom
      • France
      • Poland
      • Romania
      • Turkey
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global elevator & escalator market.

Voice of Customer: Brand Awareness, Brand Satisfaction, Price, Availability, and Annual Maintenance Service, are the major factors affecting decision related to elevators and escalator for various users, globally.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

1.       Product Overview

2.       Research Methodology

3.       Impact of COVID-19 on Global Elevator & Escalator Market

4.       Executive Summary

5.       Voice of Customer

5.1.    Brand Awareness

5.2.    Brand Satisfaction

5.3.    Key Factors Influencing Purchase Decision

5.4.    Challenges & Unmet Needs

5.5.    Annual Maintenance Service

6.       Global Elevator & Escalator Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value & Volume

6.2.    Market Share & Forecast

6.2.1.By Type (Elevator, Escalator and Moving Walk Ways)

6.2.2.By Service (Maintenance & Repair, New Installation and Modernization)

6.2.3.By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

6.2.4.By Elevator Technology (Traction, Hydraulic and Machine Room-Less Traction)

6.2.5.By Elevator Door Type (Automatic and Manual)

6.2.6.By Region (Asia-Pacific, Europe, North America, Middle East & Africa and South America)

6.2.7.By Company

6.3.    Product Map

6.3.1.By Type (Elevator, Escalator and Moving Walk Ways)

6.3.2.By Service (Maintenance & Repair, New Installation and Modernization)

6.3.3.By Elevator Technology (Traction, Hydraulic and Machine Room-Less Traction)

6.3.4.By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

6.3.5.By Elevator Door Type (Automatic and Manual)

6.3.6.By Region (Asia-Pacific, Europe, North America, Middle East & Africa and South America)

7.       Asia-Pacific Elevator & Escalator Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

7.2.    Market Share & Forecast

7.2.1.By Type (Elevator, Escalator and Moving Walk Ways)

7.2.2.By Service (Maintenance & Repair, New Installation and Modernization)

7.2.3.By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

7.2.4.By Elevator Technology (Traction & Machine Room-Less Traction and Hydraulic)

7.2.5.By Elevator Door Type (Automatic and Manual)

7.2.6.By Country

7.3.    Product Map

7.3.1.By Type (Elevator, Escalator and Moving Walk Ways)

7.3.2.By Service (Maintenance & Repair, New Installation and Modernization)

7.3.3.By Elevator Technology (Traction & Machine Room-Less Traction and Hydraulic)

7.3.4.By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

7.3.5.By Elevator Door Type (Automatic and Manual)

7.3.6.By Country

7.4.   Asia-Pacific Elevator & Escalator Market Regional Analysis

7.4.1.       China Elevator & Escalator Market Outlook

7.4.1.1.              Market Size & Forecast

7.4.1.1.1.                    By Value & Volume

7.4.1.2.              Market Share & Forecast

7.4.1.2.1.                    By Type

7.4.1.2.2.                    By Service

7.4.1.2.3.                    By End-User

7.4.1.2.4.                    By Elevator Technology

7.4.1.2.5.                    By Elevator Door Type

7.4.1.3.              Pricing Analysis

7.4.1.4.              Major Companies

7.4.2.       Japan Elevator & Escalator Market Outlook

7.4.2.1.              Market Size & Forecast

7.4.2.1.1.                    By Value & Volume

7.4.2.2.              Market Share & Forecast

7.4.2.2.1.                    By Type

7.4.2.2.2.                    By Service

7.4.2.2.3.                    By End-User

7.4.2.2.4.                    By Elevator Technology

7.4.2.2.5.                    By Elevator Door Type

7.4.2.3.              Pricing Analysis

7.4.2.4.              Major Companies

7.4.3.       South Korea Elevator & Escalator Market Outlook

7.4.3.1.              Market Size & Forecast

7.4.3.1.1.                    By Value & Volume

7.4.3.2.              Market Share & Forecast

7.4.3.2.1.                    By Type

7.4.3.2.2.                    By Service

7.4.3.2.3.                    By End-User

7.4.3.2.4.                    By Elevator Technology

7.4.3.2.5.                    By Elevator Door Type

7.4.3.3.              Pricing Analysis

7.4.3.4.              Major Companies

7.4.4.       India Elevator & Escalator Market Outlook

7.4.4.1.              Market Size & Forecast

7.4.4.1.1.                    By Value & Volume

7.4.4.2.              Market Share & Forecast

7.4.4.2.1.                    By Type

7.4.4.2.2.                    By Service

7.4.4.2.3.                    By End-User

7.4.4.2.4.                    By Elevator Technology

7.4.4.2.5.                    By Elevator Door Type

7.4.4.3.              Pricing Analysis

7.4.4.4.              Major Companies

7.4.5.       Australia Elevator & Escalator Market Outlook

7.4.5.1.              Market Size & Forecast

7.4.5.1.1.                    By Value & Volume

7.4.5.2.              Market Share & Forecast

7.4.5.2.1.                    By Type

7.4.5.2.2.                    By Service

7.4.5.2.3.                    By End-User

7.4.5.2.4.                    By Elevator Technology

7.4.5.2.5.                    By Elevator Door Type

7.4.5.3.              Pricing Analysis

7.4.5.4.              Major Companies

7.4.6.       Malaysia Elevator & Escalator Market Outlook

7.4.6.1.              Market Size & Forecast

7.4.6.1.1.                    By Value & Volume

7.4.6.2.              Market Share & Forecast, By Value

7.4.6.2.1.                    By Type

7.4.6.2.2.                    By Service

7.4.6.2.3.                    By End-User

7.4.6.2.4.                    By Elevator Technology

7.4.6.2.5.                    By Elevator Door Type

7.4.6.3.              Pricing Analysis

7.4.6.4.              Major Companies

7.4.7.       Singapore Elevator & Escalator Market Outlook

7.4.7.1.              Market Size & Forecast

7.4.7.1.1.                    By Value & Volume

7.4.7.2.              Market Share & Forecast

7.4.7.2.1.                    By Type

7.4.7.2.2.                    By Service

7.4.7.2.3.                    By End-User

7.4.7.2.4.                    By Elevator Technology

7.4.7.2.5.                    By Elevator Door Type

7.4.7.3.              Pricing Analysis

7.4.7.4.              Major Companies

7.4.8.       Indonesia Elevator & Escalator Market Outlook

7.4.8.1.              Market Size & Forecast

7.4.8.1.1.                    By Value & Volume

7.4.8.2.              Market Share & Forecast

7.4.8.2.1.                    By Type

7.4.8.2.2.                    By Service

7.4.8.2.3.                    By End-User

7.4.8.2.4.                    By Elevator Technology

7.4.8.2.5.                    By Elevator Door Type

7.4.8.3.              Pricing Analysis

7.4.8.4.              Major Companies

7.4.9.       Vietnam Elevator & Escalator Market Outlook

7.4.9.1.              Market Size & Forecast

7.4.9.1.1.                    By Value & Volume

7.4.9.2.              Market Share & Forecast

7.4.9.2.1.                    By Type

7.4.9.2.2.                    By Service

7.4.9.2.3.                    By End-User

7.4.9.2.4.                    By Elevator Technology

7.4.9.2.5.                    By Elevator Door Type

7.4.9.3.              Pricing Analysis

7.4.9.4.              Major Companies

8.       Europe Elevator & Escalator Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

8.2.    Market Share & Forecast

8.2.1.By Type (Elevator, Escalator and Moving Walk Ways)

8.2.2.By Service (Maintenance & Repair, New Installation and Modernization)

8.2.3.By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

8.2.4.By Elevator Technology (Traction & Machine Room-Less Traction and Hydraulic)

8.2.5.By Elevator Door Type (Automatic and Manual)

8.2.6.By Country

8.3.    Product Map

8.3.1.By Type (Elevator, Escalator and Moving Walk Ways)

8.3.2.By Service (Maintenance & Repair, New Installation and Modernization)

8.3.3.By Elevator Technology (Traction & Machine Room-Less Traction and Hydraulic)

8.3.4.By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

8.3.5.By Elevator Door Type (Automatic and Manual)

8.3.6.By Country

8.4.   Europe Elevator & Escalator Market Regional Analysis

8.4.1.       Germany Elevator & Escalator Market Outlook

8.4.1.1.              Market Size & Forecast

8.4.1.1.1.                    By Value & Volume

8.4.1.2.              Market Share & Forecast

8.4.1.2.1.                    By Type

8.4.1.2.2.                    By Service

8.4.1.2.3.                    By End-User

8.4.1.2.4.                    By Elevator Technology

8.4.1.2.5.                    By Elevator Door Type

8.4.1.3.              Pricing Analysis

8.4.1.4.              Major Companies

8.4.2.       United Kingdom Elevator & Escalator Market Outlook

8.4.2.1.              Market Size & Forecast

8.4.2.1.1.                    By Value & Volume

8.4.2.2.              Market Share & Forecast

8.4.2.2.1.                    By Type

8.4.2.2.2.                    By Service

8.4.2.2.3.                    By End-User

8.4.2.2.4.                    By Elevator Technology

8.4.2.2.5.                    By Elevator Door Type

8.4.2.3.              Pricing Analysis

8.4.2.4.              Major Companies

8.4.3.       France Elevator & Escalator Market Outlook

8.4.3.1.              Market Size & Forecast

8.4.3.1.1.                    By Value & Volume

8.4.3.2.              Market Share & Forecast

8.4.3.2.1.                    By Type

8.4.3.2.2.                    By Service

8.4.3.2.3.                    By End-User

8.4.3.2.4.                    By Elevator Technology

8.4.3.2.5.                    By Elevator Door Type

8.4.3.3.              Pricing Analysis

8.4.3.4.              Major Companies

8.4.4.       Poland Elevator & Escalator Market Outlook

8.4.4.1.              Market Size & Forecast

8.4.4.1.1.                    By Value & Volume

8.4.4.2.              Market Share & Forecast

8.4.4.2.1.                    By Type

8.4.4.2.2.                    By Service

8.4.4.2.3.                    By End-User

8.4.4.2.4.                    By Elevator Technology

8.4.4.2.5.                    By Elevator Door Type

8.4.4.3.              Pricing Analysis

8.4.4.4.              Major Companies

8.4.5.       Romania Elevator & Escalator Market Outlook

8.4.5.1.              Market Size & Forecast

8.4.5.1.1.                    By Value & Volume

8.4.5.2.              Market Share & Forecast

8.4.5.2.1.                    By Type

8.4.5.2.2.                    By Service

8.4.5.3.              Pricing Analysis

8.4.5.4.              Major Companies

8.4.6.       Turkey Elevator & Escalator Market Outlook

8.4.6.1.              Market Size & Forecast

8.4.6.1.1.                    By Value & Volume

8.4.6.2.              Market Share & Forecast

8.4.6.2.1.                    By Type

8.4.6.2.2.                    By Service

8.4.6.2.3.                    By End-User

8.4.6.2.4.                    By Elevator Technology

8.4.6.2.5.                    By Elevator Door Type

8.4.6.3.              Pricing Analysis

8.4.6.4.              Major Companies

9.       North America Elevator & Escalator Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value & Volume

9.2.    Market Share & Forecast

9.2.1.By Type (Elevator, Escalator and Moving Walk Ways)

9.2.2.By Service (Maintenance & Repair, New Installation and Modernization)

9.2.3.By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

9.2.4.By Elevator Technology (Traction & Machine Room-Less Traction and Hydraulic)

9.2.5.By Elevator Door Type (Automatic and Manual)

9.2.6.By Country

9.3.    Product Map

9.3.1.By Type (Elevator, Escalator and Moving Walk Ways)

9.3.2.By Service (Maintenance & Repair, New Installation and Modernization)

9.3.3.By Elevator Technology (Traction & Machine Room-Less Traction and Hydraulic)

9.3.4.By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

9.3.5.By Elevator Door Type (Automatic and Manual)

9.3.6.By Country

9.4.   North America Elevator & Escalator Market Regional Analysis

9.4.1.       United States Elevator & Escalator Market Outlook

9.4.1.1.              Market Size & Forecast

9.4.1.1.1.                    By Value & Volume

9.4.1.2.              Market Share & Forecast

9.4.1.2.1.                    By Type

9.4.1.2.2.                    By Service

9.4.1.2.3.                    By End-User

9.4.1.2.4.                    By Elevator Technology

9.4.1.2.5.                    By Elevator Door Type

9.4.1.3.              Pricing Analysis

9.4.1.4.              Major Companies

9.4.2.       Canada Elevator & Escalator Market Outlook

9.4.2.1.              Market Size & Forecast

9.4.2.1.1.                    By Value & Volume

9.4.2.2.              Market Share & Forecast

9.4.2.2.1.                    By Type

9.4.2.2.2.                    By Service

9.4.2.2.3.                    By End-User

9.4.2.2.4.                    By Elevator Technology

9.4.2.2.5.                    By Elevator Door Type

9.4.2.3.              Pricing Analysis

9.4.2.4.              Major Companies

9.4.3.       Mexico Elevator & Escalator Market Outlook

9.4.3.1.              Market Size & Forecast

9.4.3.1.1.                    By Value & Volume

9.4.3.2.              Market Share & Forecast

9.4.3.2.1.                    By Type

9.4.3.2.2.                    By Service

9.4.3.2.3.                    By End-User

9.4.3.2.4.                    By Elevator Technology

9.4.3.2.5.                    By Elevator Door Type

9.4.3.3.              Pricing Analysis

9.4.3.4.              Major Companies

10.   Middle East & Africa Elevator & Escalator Market Outlook

10.1.                     Market Size & Forecast

10.1.1.    By Value & Volume

10.2.                     Market Share & Forecast

10.2.1.    By Type (Elevator, Escalator and Moving Walk Ways)

10.2.2.    By Service (Maintenance & Repair, New Installation and Modernization)

10.2.3.    By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

10.2.4.    By Elevator Technology (Traction & Machine Room-Less Traction and Hydraulic)

10.2.5.    By Elevator Door Type (Automatic and Manual)

10.2.6.    By Country

10.3.                     Product Map

10.3.1.    By Type (Elevator, Escalator and Moving Walk Ways)

10.3.2.    By Service (Maintenance & Repair, New Installation and Modernization)

10.3.3.    By Elevator Technology (Traction & Machine Room-Less Traction and Hydraulic)

10.3.4.    By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

10.3.5.    By Elevator Door Type (Automatic and Manual)

10.3.6.    By Country

10.4.                     Middle East & Africa Elevator & Escalator Market Regional Analysis

10.4.1.   Saudi Arabia Elevator & Escalator Market Outlook

10.4.1.1.          Market Size & Forecast

10.4.1.1.1.                 By Value & Volume

10.4.1.2.          Market Share & Forecast

10.4.1.2.1.                 By Type

10.4.1.2.2.                 By Service

10.4.1.2.3.                 By End-User

10.4.1.2.4.                 By Elevator Technology

10.4.1.2.5.                 By Elevator Door Type

10.4.1.3.          Pricing Analysis

10.4.1.4.          Major Companies

10.4.2.   South Africa Elevator & Escalator Market Outlook

10.4.2.1.          Market Size & Forecast

10.4.2.1.1.                 By Value & Volume

10.4.2.2.          Market Share & Forecast

10.4.2.2.1.                 By Type

10.4.2.2.2.                 By Service

10.4.2.2.3.                 By End-User

10.4.2.2.4.                 By Elevator Technology

10.4.2.2.5.                 By Elevator Door Type

10.4.2.3.          Pricing Analysis

10.4.2.4.          Major Companies

10.4.3.   UAE Elevator & Escalator Market Outlook

10.4.3.1.          Market Size & Forecast

10.4.3.1.1.                 By Value & Volume

10.4.3.2.          Market Share & Forecast

10.4.3.2.1.                 By Type

10.4.3.2.2.                 By Service

10.4.3.2.3.                 By End-User

10.4.3.2.4.                 By Elevator Technology

10.4.3.2.5.                 By Elevator Door Type

10.4.3.3.          Pricing Analysis

10.4.3.4.          Major Companies

10.4.4.   Qatar Elevator & Escalator Market Outlook

10.4.4.1.          Market Size & Forecast

10.4.4.1.1.                 By Value & Volume

10.4.4.2.          Market Share & Forecast

10.4.4.2.1.                 By Type

10.4.4.2.2.                 By Service

10.4.4.2.3.                 By End-User

10.4.4.2.4.                 By Elevator Technology

10.4.4.2.5.                 By Elevator Door Type

10.4.4.3.          Pricing Analysis

10.4.4.4.          Major Companies

11.   South America Elevator & Escalator Market Outlook

11.1.                     Market Size & Forecast

11.1.1.    By Value & Volume

11.2.                     Market Share & Forecast

11.2.1.    By Type (Elevator, Escalator and Moving Walk Ways)

11.2.2.    By Service (Maintenance & Repair, New Installation and Modernization)

11.2.3.    By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

11.2.4.    By Elevator Technology (Traction & Machine Room-Less Traction and Hydraulic)

11.2.5.    By Elevator Door Type (Automatic and Manual)

11.2.6.    By Country

11.3.                     Product Map

11.3.1.    By Type (Elevator, Escalator and Moving Walk Ways)

11.3.2.    By Service (Maintenance & Repair, New Installation and Modernization)

11.3.3.    By Elevator Technology (Traction & Machine Room-Less Traction and Hydraulic)

11.3.4.    By End-User (Residential, Commercial, Institutional, Infrastructural and Others)

11.3.5.    By Elevator Door Type (Automatic and Manual)

11.3.6.    By Country

11.4.                     South America Elevator & Escalator Market Regional Analysis

11.4.1.   Brazil Elevator & Escalator Market Outlook

11.4.1.1.          Market Size & Forecast

11.4.1.1.1.                 By Value & Volume

11.4.1.2.          Market Share & Forecast

11.4.1.2.1.                 By Type

11.4.1.2.2.                 By Service

11.4.1.2.3.                 By End-User

11.4.1.2.4.                 By Elevator Technology

11.4.1.2.5.                 By Elevator Door Type

11.4.1.3.          Pricing Analysis

11.4.1.4.          Major Companies

11.4.2.   Argentina Elevator & Escalator Market Outlook

11.4.2.1.          Market Size & Forecast

11.4.2.1.1.                 By Value & Volume

11.4.2.2.          Market Share & Forecast, By Value

11.4.2.2.1.                 By Type

11.4.2.2.2.                 By Service

11.4.2.2.3.                 By End-User

11.4.2.2.4.                 By Elevator Technology

11.4.2.2.5.                 By Elevator Door Type

11.4.2.3.          Pricing Analysis

11.4.2.4.          Major Companies

11.4.3.   Colombia Elevator & Escalator Market Outlook

11.4.3.1.          Market Size & Forecast

11.4.3.1.1.                 By Value & Volume

11.4.3.2.          Market Share & Forecast

11.4.3.2.1.                 By Type

11.4.3.2.2.                 By Service

11.4.3.2.3.                 By End-User

11.4.3.2.4.                 By Elevator Technology

11.4.3.2.5.                 By Elevator Door Type

11.4.3.3.          Pricing Analysis

11.4.3.4.          Major Companies

12.   Market Dynamics

12.1.                     Drivers

12.2.                     Challenges

13.   Market Trends & Developments

14.   Competitive Landscape

14.1.  Company Profiles

14.1.1.    Otis Elevator Company (United Technologies Corporation)

14.1.2.    Schindler Holding Ltd.

14.1.3.    KONE Corporation

14.1.4.    thyssenkrupp AG

14.1.5.    Mitsubishi Electric Corporation

14.1.6.    Canny Elevator Co., Ltd

14.1.7.    Hitachi Group

14.1.8.    Fujitec Company Limited

14.1.9.    Hyundai Elevators

14.1.10.    Toshiba Elevator and Building Systems Corporation

15.   Strategic Recommendations

  • List of Figures:

    Figure 1: Global Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 2: Global Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 3: Global Elevator Units Per Thousand Population, 2019

    Figure 4: Current GDP, By Country, By Value (USD Trillion), 2019

    Figure 5: Major Countries GDP Contribution to Global GDP, 2019 (%)

    Figure 6: Global Goods & Services Export, Percentage of GDP, 2015-2019 (%)

    Figure 7: Average Annual Aggregate Infrastructure Spending Need, By Value (USD Trillion), At Constant Prices (2017 through 2035)

    Figure 8: Average Annual Need for Infrastructure Spending, By Value, Percentage of Global GDP, (2017 through 2035)

    Figure 9: Global Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 10: Global Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 11: Global Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 12: Global Inflation Rate at Average Consumer Prices, 2015-2025F

    Figure 13: Global Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 14: Global Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 15: Global Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 16: Global Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 17: Global Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 18: Global Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 19: Global GDP Growth Rate, Annual % Change, 2015-2021F (%)

    Figure 20: Global Elevator & Escalator Market Share, By Region, By Value, 2019 & 2025F

    Figure 21: Global Elevator & Escalator Market Share, By Region, By Volume, 2019 & 2025F

    Figure 22: Global Elevator & Escalator Market Share, By Company, By Value, 2019

    Figure 23: Global Type Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 24: Global Service Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 25: Global Elevator Technology Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 26: Global End User Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 27: Global Elevator Door Type Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 28: Global Region Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 29: Asia-Pacific Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 30: Asia-Pacific Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 31: Asia-Pacific Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 32: Asia-Pacific Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 33: Asia-Pacific Elevator & Escalator Market Share, By Service, By Value, 2019-2025F

    Figure 34: Asia-Pacific Real Gross Domestic Product Annual Percentage Change, 2015-2021F (%)

    Figure 35: Asia-Pacific Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 36: Asia-Pacific Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 37: Asia-Pacific Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 38: Asia-Pacific Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 39: Asia-Pacific Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 40: Asia-Pacific Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 41: Asia-Pacific Elevator & Escalator Market Share, By Country, By Value, 2019 & 2025F

    Figure 42: Asia-Pacific Elevator & Escalator Market Share, By Country, By Volume, 2019 & 2025F

    Figure 43: Asia Pacific Type Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 44: Asia Pacific Service Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 45: Asia Pacific Elevator Technology Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 46: Asia Pacific End User Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 47: Asia Pacific Elevator Door Type Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 48: Asia Pacific Country Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 49: China Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 50: China Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 51: China Industry Contribution to GDP, 2015-2019 (%)

    Figure 52: China Gross Domestic Product Per Capita, 2015-2025F (Current USD)

    Figure 53: China Construction output value, 2015-2019 (USD Trillion)

    Figure 54: China Total Population Growth Rate, 2015-2019 (Billion)

    Figure 55: China GDP, 2015-2019 (USD Trillion)

    Figure 56: China GDP Growth Rate, 2015-2019 (%)

    Figure 57: China Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 58: China Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 59: China Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 60: Real Growth in China Construction Industry, By Value (USD Billion), Percentage Change, 2016 – 2020F

    Figure 61: China Construction Industry Size, By Value (USD Billion), 2016 – 2020F

    Figure 62: China Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 63: China Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 64: China Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 65: China Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 66: China Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 67: China Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 68: Japan Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 69: Japan Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 70: Japan Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 71: Japan Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 72: Japan Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 73: Japan Industrial Production Growth Rate, 2016-2019

    Figure 74: Japan Current GDP, 2015-2019 (USD Trillion)

    Figure 75: Japan Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 76: Japan Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 77: Japan Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 78: Japan Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 79: Japan Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 80: Japan Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 81: South Korea Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 82: South Korea Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 83: South Korea Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 84: South Korea Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 85: South Korea Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 86: South Korea Industrial Production Growth Rate, 2016-2019

    Figure 87: South Korea GDP Growth Rate, 2015-2019

    Figure 88: South Korea Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 89: South Korea Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 90: South Korea Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 91: South Korea Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 92: South Korea Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 93: South Korea Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 94: India Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 95: India Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 96: India’s GDP at Current Price, 2013-2019 (USD Billion)

    Figure 97: Inflation Rate in India, at Consumer Prices, 2013-2019

    Figure 98: India’s GDP Per Capita Growth Rate at Consumer Prices, 2013-2019

    Figure 99: Total FDI Inflow in India, 2015-2019 (USD Billion)

    Figure 100: City-Wise Demand for Commercial Space in India, 2019 (Million Square Foot)

    Figure 101: Declared Government Investments in Rural and Urban Areas Till 2022 in India (USD Million) 

    Figure 102: India Population, 2019 & 2025F (Million)

    Figure 103: India Sectoral Growth, 2019 (%)

    Figure 104: India Healthcare Sector Size, By Value, 2015-2017 & 2020F (USD Billion)

    Figure 105: India Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 106: India Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 107: India Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 108: India Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 109: India Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 110: India Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 111: India Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 112: India Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 113: India Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 114: Australia Elevator & Escalator Market Share, By Type, By Value, 2015-2025F

    Figure 115: Australia Elevator & Escalator Market Share, By Type, By Volume, 2015-2025F

    Figure 116: Australia Gross Domestic Product Growth Rate at Current Prices, 2015-2021F

    Figure 117: Australia Total Investment, % of GDP, 2015-2025F (%)

    Figure 118: Australia Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 119: Australia Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 120: Australia Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 121: Australia Total Population, 2015-2019 (Million)

    Figure 122: Australia Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 123: Australia Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 124: Australia Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 125: Australia Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 126: Australia Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 127: Australia Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 128: Malaysia Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 129: Malaysia Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 130: Malaysia Total Population, 2015-2019 (Million)

    Figure 131: Malaysia Real GDP Growth, 2015-2021F (%)

    Figure 132: Malaysia Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 133: Malaysia Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 134: Malaysia Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 135: Malaysia Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 136: Malaysia Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 137: Malaysia Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 138: Malaysia Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 139: Malaysia Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 140: Malaysia Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 141: Singapore Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 142: Singapore Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 143: Singapore GDP, At Current Prices, 2015-2019 (USD Billion)

    Figure 144: Singapore Total Population, 2015-2019 (Million)

    Figure 145: Singapore Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 146: Singapore Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 147: Singapore Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 148: Singapore Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 149: Singapore Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 150: Singapore Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 151: Singapore Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 152: Singapore Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 153: Singapore Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 154: Indonesia Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 155: Indonesia Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 156: Indonesia Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 157: Indonesia Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 158: Indonesia Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 159: Indonesia Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 160: Indonesia Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 161: Indonesia Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 162: Indonesia Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 163: Indonesia Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 164: Indonesia Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 165: Vietnam Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 166: Vietnam Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 167: Vietnam Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 168: Vietnam Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 169: Vietnam Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 170: Vietnam Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 171: Vietnam Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 172: Vietnam Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 173: Vietnam Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 174: Vietnam Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 175: Vietnam Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 176: Europe Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 177: Europe Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 178: Europe Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 179: Europe Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 180: Europe Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 181: European Union GDP Growth Rate, 2015-2019 (%)

    Figure 182: European Union, Population Growth Rate, 2015-2019 (%)

    Figure 183: Europe Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 184: Europe Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 185: Europe Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 186: Europe Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 187: Europe Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 188: Europe Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 189: Europe Elevator & Escalator Market Share, By Country, By Value, 2019 & 2025F

    Figure 190: Europe Elevator & Escalator Market Share, By Country, By Volume, 2019 & 2025F

    Figure 191: Europe Type Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 192: Europe Service Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 193: Europe Elevator Technology Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 194: Europe End User Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 195: Europe Elevator Door Type Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 196: Europe Country Map on the Basis of Market Size (USD Billion) & Growth Rate (%), 2019

    Figure 197: Germany Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 198: Germany Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 199: Germany Total Construction, Percentage Change, 2015-2021F

    Figure 200: Germany Total Population, % Change, 2015-2019

    Figure 201: Germany GDP Per Capita, By Value, 2015-2019 (USD)

    Figure 202: Germany Elevator & Escalator Market Share, By Type, By Value, 2019 & 2025F

    Figure 203: Germany Elevator & Escalator Market Share, By Type, By Volume, 2019 & 2025F

    Figure 204: Germany Elevator & Escalator Market Share, By Service, By Value, 2019 & 2025F

    Figure 205: Germany GDP at Current USD, 2015-2019 (USD Billion)

    Figure 206: Germany Finished Steel Production, 2015-2019 (Million Tonnes)

    Figure 207: Germany Elevator & Escalator Market Share, By End-User, By Value, 2019 & 2025F

    Figure 208: Germany Elevator & Escalator Market Share, By End-User, By Volume, 2019 & 2025F

    Figure 209: Germany Elevator & Escalator Market Share, By Elevator Technology, By Value, 2019 & 2025F

    Figure 210: Germany Elevator & Escalator Market Share, By Elevator Technology, By Volume, 2019 & 2025F

    Figure 211: Germany Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2019 & 2025F

    Figure 212: Germany Elevator & Escalator Market Share, By Elevator Door Type, By Volume, 2019 & 2025F

    Figure 213: United Kingdom Elevator & Escalator Market Size, By Value, 2015-2025F (USD Billion)

    Figure 214: United Kingdom Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Unit)

    Figure 215: United Kingdom GDP per Capita, By Value, 2015-2019 (USD)