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Global Elevators & Escalators Market Size study, by Type (Elevators, Escalators, Moving Walkways), by Service (New Installation, Maintenance & repair, Modernization), by Elevator Technology (Traction, Machine room-less (MRI) Traction, Hydraulic), by End-Use (Pneumatic, Electric, Hydraulic) and Regional Forecasts 2020-2027

  • BIZ3921519
  • 200 Pages
  • June 2020
  • Construction & Manufacturing
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Global Elevators & Escalators Market is valued approximately at USD 112.5 billion in 2019 and is anticipated to grow with a CAGR of 6.10% over the forecast period 2020-2027. Elevators and escalators enable easy and faster travel and transport of most individuals and materials within a building among the floors. Rise in need for smooth and energy efficient elevators and escalators increase with the expansion of construction sector worldwide. For Instance: As per reports by Oxford Economics by 2030, construction output volumes are forecast to growth by 85% worldwide with three major countries- India, United States and China accounting for approximately 57% of the global growth. Further, factors such as rapid industrialization and urbanization would result in construction of tall building and hence driving the growth of Global Elevator and Escalator Market. For Instance: In 2018, as per United Nations 55% of the world's population reside in urban areas which is estimated to increase up to approximately 68% by 2050. A tremendous rise in population has been observed year-on-year but due to limited availability of terrestrial land, rise in the number of skyscrapers has been noticed which boost the demand for elevators and escalators. Moreover, due to rising trend of Market City and Shopping Mall, there is a rise in the adaption of elevators and escalators in order to provide better convenience to a large number of customers. Busy time schedules and rise in the number of aging population (elderly people) accelerates the need for elevators and escalators. As per reports by WHO in 2018, it is predicted that by 2050, 20% of the Global population will be aged over 60 with physical weakness which would rise the demand for elevators and escalators to ease their movements in the buildings, airports, railway stations and shopping malls. Rising needs for more efficient and reliable elevators and escalators create opportunities for the market growth. However, factors such as high cost of installation and high frequency of maintenance and repair of the systems are the major restraining factors which impede the growth of the market over the forecast period of 2020-2027.

The regional analysis of global Elevators & Escalators market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia pacific is the leading/significant region across the world due to rapid urbanization. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such growth in the construction and development of residential, commercial and institutional industries along with the rising population would create lucrative growth prospects for the Elevators & Escalators market across Asia-Pacific region.

Major market player included in this report are:

Otis Worldwide Corporation (US)

KONE Oyj (Finland)

Schindler Group (Switzerland)

ThyssenKrupp AG (Germany)

Fujitec Co., Ltd. (Japan)

Hitachi, Ltd. (Japan)

Mitsubishi Electric Corporation (Japan)

Toshiba Elevator and Building Systems Corporation (Japan)

Hyundai Elevator Co., Ltd. (South Korea)

SJEC Corporation (China)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Elevators

Escalators

Moving Walkways

By Service:

New Installation

Maintenance & repair

Modernization

By Elevator Technology:

Traction

Machine room-less (MRI) Traction

Hydraulic

By End-Use:

Residential Sector

Commercial Sector

Institutional Sector

Infrastructural Sector

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Elevators & Escalators Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & forecasts, 2018-2027 (USD Billion)

1.2.1. Elevators & Escalators Market, by Region, 2018-2027 (USD Billion)

1.2.2. Elevators & Escalators Market, by Type, 2018-2027 (USD Billion)

1.2.3. Elevators & Escalators Market, by Service, 2018-2027 (USD Billion)

1.2.4. Elevators & Escalators Market, by Elevator Technology, 2018-2027 (USD Billion)

1.2.5. Elevators & Escalators Market, by End-Use, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Elevators & Escalators Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Elevators & Escalators Market Dynamics

3.1. Elevators & Escalators Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Elevators & Escalators Market: Industry Analysis

4.1. Porter’s 5 force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Elevators & Escalators Market, by Type

5.1. Market Snapshot

5.2. Global Elevators & Escalators Market by Type, Performance - Potential Analysis

5.3. Global Elevators & Escalators Market Estimates & forecasts by Type 2017-2027 (USD Billion)

5.4. Elevators & Escalators Market, Sub Segment Analysis

5.4.1. Elevators

5.4.2. Escalators

5.4.3. Moving Walkways

Chapter 6. Global Elevators & Escalators Market, by Service

6.1. Market Snapshot

6.2. Global Elevators & Escalators Market by Service, Performance - Potential Analysis

6.3. Global Elevators & Escalators Market Estimates & forecasts by Service 2017-2027 (USD Billion)

6.4. Elevators & Escalators Market, Sub Segment Analysis

6.4.1. New Installation

6.4.2. Maintenance & repair

6.4.3. Modernization

Chapter 7. Global Elevators & Escalators Market, by Elevator Technology

7.1. Market Snapshot

7.2. Global Elevators & Escalators Market by Elevator Technology, Performance - Potential Analysis

7.3. Global Elevators & Escalators Market Estimates & forecasts by Elevator Technology 2017-2027 (USD Billion)

7.4. Elevators & Escalators Market, Sub Segment Analysis

7.4.1. Traction

7.4.2. Machine room-less (MRI) Traction

7.4.3. Hydraulic

Chapter 8. Global Elevators & Escalators Market, by End-Use

8.1. Market Snapshot

8.2. Global Elevators & Escalators Market by End-Use, Performance - Potential Analysis

8.3. Global Elevators & Escalators Market Estimates & forecasts by End-Use 2017-2027 (USD Billion)

8.4. Elevators & Escalators Market, Sub Segment Analysis

8.4.1. Residential Sector

8.4.2. Commercial Sector

8.4.3. Institutional Sector

8.4.4. Infrastructural Sector

8.4.5. Others

Chapter 9. Global Elevators & Escalators Market, Regional Analysis

9.1. Elevators & Escalators Market, Regional Market Snapshot

9.2. North America Elevators & Escalators Market

9.2.1. U.S. Elevators & Escalators Market

9.2.1.1. Type breakdown estimates & forecasts, 2017-2027

9.2.1.2. Service breakdown estimates & forecasts, 2017-2027

9.2.1.3. Elevator Technology breakdown estimates & forecasts, 2017-2027

9.2.1.4. End-Use breakdown estimates & forecasts, 2017-2027

9.2.2. Canada Elevators & Escalators Market

9.3. Europe Elevators & Escalators Market Snapshot

9.3.1. U.K. Elevators & Escalators Market

9.3.2. Germany Elevators & Escalators Market

9.3.3. France Elevators & Escalators Market

9.3.4. Spain Elevators & Escalators Market

9.3.5. Italy Elevators & Escalators Market

9.3.6. Rest of Europe Elevators & Escalators Market

9.4. Asia-Pacific Elevators & Escalators Market Snapshot

9.4.1. China Elevators & Escalators Market

9.4.2. India Elevators & Escalators Market

9.4.3. Japan Elevators & Escalators Market

9.4.4. Australia Elevators & Escalators Market

9.4.5. South Korea Elevators & Escalators Market

9.4.6. Rest of Asia Pacific Elevators & Escalators Market

9.5. Latin America Elevators & Escalators Market Snapshot

9.5.1. Brazil Elevators & Escalators Market

9.5.2. Mexico Elevators & Escalators Market

9.6. Rest of The World Elevators & Escalators Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Otis Worldwide Corporation

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. KONE Oyj

10.2.3. Schindler Group

10.2.4. ThyssenKrupp AG

10.2.5. Fujitec Co., Ltd.

10.2.6. Hitachi, Ltd.

10.2.7. Mitsubishi Electric Corporation

10.2.8. Toshiba Elevator and Building Systems Corporation

10.2.9. Hyundai Elevator Co., Ltd.

10.2.10. SJEC Corporation

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

TABLE 1. Global Elevators & Escalators Market, Report Scope

TABLE 2. Global Elevators & Escalators Market Estimates & forecasts by Region 2017-2027 (USD Billion)

TABLE 3. Global Elevators & Escalators Market Estimates & forecasts by Type 2017-2027 (USD Billion)

TABLE 4. Global Elevators & Escalators Market Estimates & forecasts by Service 2017-2027 (USD Billion)

TABLE 5. Global Elevators & Escalators Market Estimates & forecasts by Elevator Technology 2017-2027 (USD Billion)

TABLE 6. Global Elevators & Escalators Market Estimates & forecasts by End-Use 2017-2027 (USD Billion)

TABLE 7. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 19. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 22. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 23. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 24. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 25. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 26. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 27. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 28. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 29. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 30. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 31. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 32. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 33. Global Elevators & Escalators Market by Segment, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 34. Global Elevators & Escalators Market by Region, Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 35. U.S. Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 36. U.S. Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 37. U.S. Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 38. U.S. Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 39. U.S. Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 40. Canada Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 41. Canada Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 42. Canada Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 43. Canada Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 44. Canada Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 45. UK Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 46. UK Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 47. UK Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 48. UK Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 49. UK Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 50. Germany Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 51. Germany Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 52. Germany Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 53. Germany Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 54. Germany Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 55. Roe Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 56. Roe Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 57. Roe Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 58. Roe Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 59. Roe Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 60. China Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 61. China Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 62. China Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 63. China Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 64. China Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 65. India Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 66. India Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 67. India Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 68. India Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 69. India Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 70. Japan Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 71. Japan Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 72. Japan Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 73. Japan Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 74. Japan Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 75. ROAPAC Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 76. ROAPAC Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 77. ROAPAC Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 78. ROAPAC Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 79. ROAPAC Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 80. Brazil Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 81. Brazil Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 82. Brazil Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 83. Brazil Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 84. Brazil Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 85. Mexico Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 86. Mexico Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 87. Mexico Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 88. Mexico Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 89. Mexico Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 90. ROLA Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 91. ROLA Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 92. ROLA Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 93. ROLA Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 94. ROLA Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 95. ROW Elevators & Escalators Market Estimates & forecasts, 2017-2027 (USD Billion)

TABLE 96. ROW Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 97. ROW Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 98. ROW Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 99. ROW Elevators & Escalators Market Estimates & forecasts by Segment 2017-2027 (USD Billion)

TABLE 100. List of Secondary Sources, used in The Study of Global Elevators & Escalators Market

TABLE 101. List of Primary Sources, used in The Study of Global Elevators & Escalators Market

TABLE 102. Years Considered for The Study

TABLE 103. Exchange Rates Considered

 
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