Press release
Global Elevator & Escalator Market Size, Share, Demands, Trend, Key Players, Covid-19 Impact and Forecasts to 2026
The global elevator & escalator (E&E) market is likely to escalate to US$148.94 billion in 2026, progressing at a CAGR of 5.65% during the period spanning from 2022 to 2026. The factors such as proliferation of construction activities, surging geriatric population, booming digitalization, ageing installed base of elevators and escalators and expanding urbanization would drive the growth of the market. However, the market growth would be challenged by high cost of installation and maintenance, compliance with standards and regulations and dearth of skilled workforce. A few notable trends may include escalation in tourism activities, accelerating development of smart cities, growing penetration of novel technologies, expanding demand for energy efficient elevators and upsurge in verticalization of cities.Get a Free Sample Copy of Global Elevator & Escalator Market Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=5730286
The global elevator & escalator market is categorized on the basis of service, technology and application. On the basis of service, the global market can be bifurcated into maintenance, new installation/equipment and modernization. According to the technology, the market can be categorized into machine room-less, hydraulic and traction. Whereas, in terms of applications, the global E&E market can be divided into residential, commercial and industrial & other application.
The fastest growing regional market was Asia Pacific due to rising investments in the construction industry and steady growth in infrastructure in both the residential and non-residential sectors, increasing shift towards eco-efficiency, flexible design, and safety and development of mega cities and infrastructure projects in developing countries such as Indonesia, India, China, and Philippines.
Scope of the report:
- The report provides a comprehensive analysis of the global E&E market segmented on the basis of service, technology, application and region with potential impact of COVID-19.
- The major regional markets Asia Pacific, EMEA and Americas with focus on countries like China, Japan & Korea, Spain and the U.S. have been analyzed.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The competitive landscape of the market, along with the company profiles of leading players (Hitachi, Ltd., ThyssenKrupp AG, Mitsubishi Electric Corporation, Otis Worldwide Corporation, Kone Oyj and The Schindler Group) are also presented in detail.
Get a 20% Discount on Global Elevator & Escalator Market Research Report at https://www.reportsnreports.com/contacts/discount.aspx?name=5730286
Key Target Audience:
- Elevator & Escalator Manufacturers
- Raw Material/Component Providers
- End Users (Businesses/Consumers)
- Investment Banks
- Government Bodies & Regulating Authorities
Table of Contents:
1. Market Overview
1.1 Elevators & Escalators
1.2 Life Cycle of Elevators & Escalators
1.3 Supply Chain
1.4 Value Chain Analysis
2. Impact of COVID-19
2.1 Halt in Construction Activities
2.2 Decline in Global Real Estate Investment
2.3 Drop in Industrial Production
2.4 Instability in Trade Volume
2.5 Disruption of Supply Chain
3. Global Elevator & Escalator Market
3.1 Global E&E Market by Value
3.2 Global E&E Market Forecast by Value
3.3 Global E&E Market by Service
3.4 Global E&E Maintenance Market
3.4.1 Global E&E Maintenance Market Forecast by Value
3.4.2 Global E&E Maintenance Installed Base Volume
3.4.3 Global E&E Maintenance Installed Base Volume Forecast
3.4.4 Global E&E Maintenance Market Volume by Region
3.5 Global E&E New Equipment Market
3.5.1 Global E&E New Equipment Market Forecast by Value
3.5.2 Global E&E New Equipment Market Value by Region
3.5.3 Global E&E New Equipment Market by Volume
3.5.4 Global E&E New Equipment Market Forecast by Volume
3.5.5 Global E&E New Equipment Market Demand by Application
3.6 Global E&E Modernization Market
3.6.1 Global E&E Modernization Market Forecast by Value
3.6.2 Global E&E Modernization Market Value by Region
3.7 Global E&E Market by Technology
3.7.1 Global E&E Machine Room-less Technology Market Forecast by Value
3.7.2 Global E&E Hydraulic Technology Market Forecast by Value
3.7.3 Global E&E Traction Technology Market Forecast by Value
3.8 Global E&E Market by Application
3.8.1 Global E&E Application Market Forecast by Value
3.9 Global E&E Market Value by Region
Direct Purchase of Global Elevator & Escalator Market Research Report at https://www.reportsnreports.com/purchase.aspx?name=5730286
4. Regional Market Analysis
4.1 Asia-Pacific
4.1.1 Asia-Pacific E&E Market Forecast by Value
4.1.2 China E&E Market Forecast by Value
4.1.3 China E&E Installed Base Volume
4.1.4 China E&E Installed Base Volume Forecast
4.1.5 China E&E New Installations Forecast
4.1.6 China E&E New Installations Demand by End Market
4.1.7 China E&E Market by Application
4.1.8 China E&E Export Volume
4.1.9 China E&E Export Volume Forecast
4.1.10 China E&E Maintenance Services by Type
4.1.11 Japan & Korea E&E Installed Base Volume
4.1.12 Japan & Korea E&E Installed Base Volume Forecast
4.1.13 India E&E Installed Base Volume Forecast
4.2 EMEA
4.2.1 EMEA E&E Market Forecast by Value
4.2.2 EMEA E&E Installed Base Volume
4.2.3 EMEA E&E Installed Base Volume Forecast
4.2.4 EMEA E&E New Installation Volume Forecast
4.2.5 Spain E&E Market Forecast by Value
4.2.6 Spain E&E Market by Service
4.2.7 Spain E&E Maintenance Market Forecast by Value
4.2.8 Spain E&E New Installation Market Forecast by Value
4.3 Americas
4.3.1 Americas E&E Market Forecast by Value
4.3.2 North America E&E Installed Base Volume Forecast
4.3.3 North America E&E New Installation Volume Forecast
4.3.4 The U.S. E&E New Installation Volume Forecast
4.3.5 The U.S. Elevator New Installation Market by Type
4.3.6 South America E&E Installed Base Volume Forecast
4.3.7 South America E&E New Installation Volume Forecast
5. Smart Elevator Market
5.1 Global Smart Elevator Market by Value
5.2 Global Smart Elevator Market Forecast by Value
5.3 Global Smart Elevator Market by End Users
5.4 Global Smart Elevator Market by Service
5.5 Asia-Pacific Smart Elevator Market
5.5.1 Asia-Pacific Smart Elevator Market by Value
5.5.2 Asia-Pacific Smart Elevator Market Forecast by Value
5.5.3 Asia-Pacific Smart Elevator Market by Service
5.5.4 Asia-Pacific Smart Elevator Modernization Market Forecast by Value
5.5.5 Asia-Pacific Smart Elevator New Installation Market Forecast by Value
5.5.6 Asia-Pacific Smart Elevator Maintenance Market Forecast by Value
5.6 Asia Pacific Smart Elevator Market by Country
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Proliferation of Construction Activities
6.1.2 Surging Geriatric Population
6.1.3 Booming Digitalization
6.1.4 Ageing Installed Base of Elevators and Escalators
6.1.5 Expanding Urbanization
6.2 Key Trends and Developments
6.2.1 Escalation in Tourism Activities
6.2.2 Accelerating Development of Smart Cities
6.2.3 Growing Penetration of Novel Technologies
6.2.4 Expanding Demand for Energy Efficient Elevators
6.2.5 Upsurge in Verticalization of Cities
6.3 Challenges
6.3.1 High Cost of Installation & Maintenance
6.3.2 Compliance with Standards and Regulations
6.3.3 Increasing Concerns about Elevator and Escalator Accidents
6.3.4 Dearth of Skilled Workforce
7. Competitive Landscape
7.1 Global Market
7.1.1 Revenue Comparison of Key Players
7.1.2 Market Capitalization Comparison of Key Players
7.1.3 R&D Comparison of Key Players
7.1.4 Global E&E Market Share by Key Players
7.1.5 Global E&E New Equipment Market Share by Key Players
7.1.6 Global E&E Maintenance Market Share by Key Players
7.2 Asia-Pacific
7.2.1 Asia-Pacific E&E Market Share by Key Players
7.2.2 China E&E Market Share by Key Players
7.2.3 India E&E New Equipment Market Share by Key Players
7.3 EMEA
7.3.1 EMEA E&E Market Share by Key Players
7.3.2 Spain E&E Maintenance Market Share by Key Players
7.4 Americas
7.4.1 Americas E&E Market Share by Key Players
8. Company Profiles
8.1 Hitachi, Ltd.
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategies
8.2 ThyssenKrupp AG
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategies
8.3 Mitsubishi Electric Corporation
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategies
8.4 Otis Worldwide Corporation
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategies
8.5 Kone Oyj
8.5.1 Business Overview
8.5.2 Financial Overview
8.5.3 Business Strategies
8.6 The Schindler Group
8.6.1 Business Overview
8.6.2 Financial Overview
8.6.3 Business Strategies
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.
+ 1 888 391 5441
sales@reportsandreports.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Elevator & Escalator Market Size, Share, Demands, Trend, Key Players, Covid-19 Impact and Forecasts to 2026 here
News-ID: 2633624 • Views: …
More Releases from ReportsnReports

DeviceCon Series 2024 - UK Edition | MarketsandMarkets
Future Forward: Redefining Healthcare with Cutting-Edge Devices
Welcome to DeviceCon Series 2024 - Where Innovation Meets Impact!
Join us on March 21-22 at Millennium Gloucester Hotel, 4-18 Harrington Gardens, London SW7 4LH for a groundbreaking convergence of knowledge, ideas, and technology. MarketsandMarkets proudly presents the DeviceCon Series, an extraordinary blend of four conferences that promise to redefine the landscape of innovation in medical and diagnostic devices.
Register Now @ https://events.marketsandmarkets.com/devicecon-series-uk-edition-2024/register
MarketsandMarkets presents…

5th Annual MarketsandMarkets Infectious Disease and Molecular Diagnostics Confer …
London, March 7, 2024 - MarketsandMarkets is thrilled to announce the eagerly awaited 5th Annual Infectious Disease and Molecular Diagnostics Conference, scheduled to take place on March 21st - 22nd, 2024, at the prestigious Millennium Gloucester Hotel, located at 4-18 Harrington Gardens, London SW7 4LH.
This conference promises to be a groundbreaking event, showcasing the latest trends and insights in diagnosis, as well as unveiling cutting-edge technologies that are revolutionizing the…

Infection Control, Sterilization & Decontamination Conference |21st - 22nd March …
MarketsandMarkets is pleased to announce its 8th Annual Infection Control, Sterilisation, and Decontamination in Healthcare Conference, which will take place March 21-22, 2024, in London, UK. With the increased risk of infection due to improper sterilisation and decontamination practices, the safety of patients and healthcare workers is of paramount importance nowadays.
Enquire Now @ https://events.marketsandmarkets.com/infection-control-sterilization-and-decontamination-conference/
This conference aims to bring together all the stakeholders to discuss the obstacles in achieving…

Breast Augmentation Market Key Players, Demands, Cost, Size, Procedure, Shape, S …
The global Breast Augmentation Market in terms of revenue was estimated to be worth $900 million in 2020 and is poised to reach $1,692 million by 2025, growing at a CAGR of 13.4% from 2020 to 2025. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying…
More Releases for E&E
Automotive E-E Architecture Market Revenues by 2034
The Global Automotive E-E Architecture Market is expected to grow at more than 11.44% CAGR from 2024 to 2030. It is expected to reach above USD 184.9 billion by 2030 from a little above USD 84 billion in 2023.
On April 10, 2025, Exactitude Consultancy., Ltd. released a research report offers a comprehensive examination of the various processes and materials used in the production of Automotive E-E Architecture market goods. The…
E-commerce Logistics Market | e-commerce logistics model,e-commerce logistics co …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “E-commerce Logistics Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
Request to Free Sample Report on E-commerce Logistics Market @ https://www.mrrse.com/sample/1827
The e-commerce logistics market…
E+E Elektronik Certified According to IATF 16949
The Austrian sensor manufacturer E+E Elektronik has recently completed the certification according to IATF 16949:2016. It confirms that the company’s quality assurance system complies with the high requirements of the automotive industry. The new standard follows the previous ISO/TS 16949 and is recognised by the world's leading automotive manufacturers.
E+E Elektronik develops and produces sensors and transmitters for humidity, temperature, CO2, air velocity, dew point, moisture in oil, mass flow and…
Global E-Pharmacy Market Size, Global E-Pharmacy Market Share, Global E-Pharmacy …
According to a new research published by Polaris Market Research the Global E-Pharmacy Market is anticipated to reach more than USD 129 billion by 2026.
Request for Sample of This Research Report @ https://bit.ly/2xlqfsp
Top Key Players: -
Optum Rx, Inc
Merck
Thermo Fisher Scientific,
Giant Eagle, Inc
Rowland Pharmacy.
Make an inquiry before buying this report @ https://www.polarismarketresearch.com/industry-analysis/e-pharma-market/inquire-before-buying
According to a new research published by Polaris Market Research the Global E-Pharmacy Market is anticipated to reach more…
Automotive E/E Architecture Technology China Conference 2018
Vehicles are more and more based on electric and electronic (E/E) systems that are functionally integrated. The E/E architectures are therefore crucial to achieve performance and functional safety requirements and cost targets.
Evolving electronic functionality such as autonomous driving, connectivity and cyber-security, that will continue to grow as these cutting-edge technologies mature and market acceptance increases, require new electrical/electronic architectures in automotive designs. Implementation of these functionalities in mainstream vehicles will…
Global E-book Reader Market Production and Revenue: MGYOK E-book Reader, AKWS E- …
This report studies E-book Reader in Global market, especially in North America, Europe, China, Japan, Korea and Taiwan, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Kindle
Natusun
JDRead
BOOX
Hanvon
MGYOK
Do enquiry about report @ https://goo.gl/AwdHh4
Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into
Electronic Ink Screen
LCD Screen
Split by application, this report focuses on…