Press release
Global Elevator & Escalator Market Size & Trends
Global Elevator & Escalator Market Size & Trends
The growing urban population, increasing demand for smart elevators, energy-efficient elevator solutions, and the growing demand for retrofitting construction services are the main drivers of the market.
Browse 153 Market Data Tables and 113 Figures spread through 185 Pages and in-depth TOC on "Global Elevator & Escalator Market - Forecast to 2027'' https://www.globalmarketestimates.com/market-report/elevator-escalator-market-3870
By Product (Elevator, Escalator, Moving Walkways), By Service Type (New installation, Maintenance & Repair, Modernization), By Elevator Technology (Traction Elevator, Machine Room Less Traction Elevator, Hydraulic), By End User (Residential, Commercial, Institutional, Infrastructure), By region (North America, Asia Pacific and Europe), Competitive Landscape Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• As per the product type outlook, the elevator segment is expected to be the largest segment in the Elevator & Escalator market from 2022 to 2027
• The Asia Pacific region is analyzed to be the fastest-growing segment in the market
• North America has the largest share in the market during the forecast period of 2022-2027.
• As per the end-user type, the residential segment is expected to be the largest segment in the Elevator & Escalator market from 2022 to 2027.
• Some of the key players in the global elevator & escalator market are Schindler Group, Otis Elevator, Thyssenkrupp AG, KONE Corporation, United Technologies, Hyundai Elevator Co. Ltd., Mitsubishi Electric Corporation, Johnson Elevator Co. Ltd., Fujitec Co. Ltd., Toshiba Corporation, and Hitachi Ltd., amongst others.
Product Type Outlook (Revenue, USD Billion, 2022-2027)
• Elevator
• Escalator
• Moving Walkways
Service Type (Revenue, USD Billion, 2022-2027)
• New Installation
• Maintenance & Repair
• Modernization
Elevator Technology Type (Revenue, USD Billion, 2022-2027)
• Traction Elevator
• Machine Room Less Traction Elevator
• Hydraulic
End User Type (Revenue, USD Billion, 2022-2027)
• Residential
• Commercial
• Institutional
• Infrastructure
Region wise (Revenue, USD Billion, 2022-2027)
North America
• United States
• Canada
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
Europe
• Germany
• UK
• France
• Italy
• Spain
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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