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Elevator and Escalator Market Growth to Hit USD 194.97 Billion by 2030

01-21-2025 11:40 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

Elevator and Escalator Market

Elevator and Escalator Market

The ๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 127.97 Bn in 2023 and is expected to reach USD 194.97 Bn by 2030, at a CAGR of 6.2%.

๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The elevator and escalator market plays a crucial role in modern infrastructure, offering efficient vertical transportation solutions essential for residential, commercial, and industrial sectors. Elevators, powered by advanced electric motors and equipped with robust safety features, ensure the seamless movement of people and goods in multi-story buildings. Escalators, on the other hand, provide convenient mobility across different levels in high-traffic areas such as airports, shopping malls, and train stations. With increasing urbanization and the proliferation of high-rise structures, these transportation systems have become indispensable in enhancing accessibility and convenience in densely populated urban areas.

๐–๐ก๐š๐ญ'๐ฌ ๐ง๐ž๐ฑ๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ? ๐…๐ข๐ง๐ ๐จ๐ฎ๐ญ ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ญ๐จ๐๐š๐ฒ :https://www.maximizemarketresearch.com/request-sample/17439/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

Urbanization and the surge in infrastructure development projects are the primary drivers fueling the growth of the elevator and escalator market. The increasing population in urban centers has led to a rise in high-rise residential complexes, commercial towers, and public infrastructure projects such as airports and metro stations. These structures require efficient vertical transportation solutions to meet the needs of their occupants and visitors, boosting the demand for elevators and escalators. Emerging economies, particularly in Asia-Pacific regions like India and China, are witnessing significant growth opportunities as governments and private investors prioritize urban infrastructure expansion.

Technological innovations are another key factor driving market growth. The integration of smart features such as destination control systems, predictive maintenance tools, and energy-saving technologies has made modern elevators and escalators more appealing to developers and end-users. These advancements not only enhance safety and convenience but also contribute to long-term cost efficiency, making them a preferred choice for sustainable building projects worldwide.

๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ:

One prominent trend shaping the elevator and escalator market is the increasing focus on sustainability and energy efficiency. Manufacturers are developing products with regenerative braking systems, LED lighting, and energy-efficient motors to reduce carbon footprints and comply with stringent environmental regulations. The adoption of green building initiatives and smart city projects has further accelerated the demand for eco-friendly elevators and escalators, aligning with global goals for sustainable urban development.

๐ฐ๐ก๐š๐ญ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง?

By product type, elevators are expected to dominate the market due to their widespread use across residential, commercial, and industrial sectors. Machine Room-Less (MRL) elevators, in particular, are gaining traction as they offer space-saving designs, enhanced energy efficiency, and cost-effective installation. These systems are increasingly preferred in high-rise buildings and urban projects due to their advanced technology and minimal space requirements.

๐“๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐œ๐š๐ง ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/17439/

๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ
Vietnam has emerged as a significant player in the elevator and escalator market due to rapid urbanization and industrial development. Key recent developments include the establishment of manufacturing units and partnerships aimed at modernizing infrastructure. Companies like ๐Œ๐ข๐ญ๐ฌ๐ฎ๐›๐ข๐ฌ๐ก๐ข ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง and ๐’๐œ๐ก๐ข๐ง๐๐ฅ๐ž๐ซ ๐†๐ซ๐จ๐ฎ๐ฉ have expanded operations in Vietnam, reflecting the country's growing importance in the industry.

๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐
Thailand's elevator and escalator market is experiencing robust growth, thanks to government investments in urban infrastructure projects such as high-rise buildings and metro systems. KONE Corporation recently secured a contract to supply elevators for Bangkok's metro expansion project, enhancing the region's market dynamics.

๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง
Japan continues to lead with its advanced technology and commitment to sustainability. Trends such as energy-efficient elevators and smart escalator systems are driving the market. Companies like ๐‡๐ข๐ญ๐š๐œ๐ก๐ข ๐‹๐ญ๐. and ๐“๐จ๐ฌ๐ก๐ข๐›๐š ๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง are at the forefront of these innovations, introducing AI-integrated solutions to meet modern demands.

๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š
South Korea's market is witnessing significant consolidation, with mergers and acquisitions shaping the competitive landscape. Recent mergers include ๐‡๐ฒ๐ฎ๐ง๐๐š๐ข ๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ'๐ฌ strategic acquisition of domestic service providers, enhancing its market share and service capabilities.

๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž
Singapore is leading in adopting cutting-edge elevator technologies, with a focus on safety and smart solutions. Companies like ๐Ž๐ญ๐ข๐ฌ ๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ have introduced IoT-enabled elevators that offer real-time monitoring and predictive maintenance. Government initiatives to modernize old infrastructure further bolster the market.

๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’
The US remains a lucrative market, driven by high investments in commercial and residential real estate. Key developments include ๐“๐ก๐ฒ๐ฌ๐ฌ๐ž๐ง๐ค๐ซ๐ฎ๐ฉ๐ฉ ๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ'๐ฌ introduction of innovative mobility solutions and the establishment of new production facilities to meet rising demand.

๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž
Europe's elevator and escalator market is driven by stringent regulations and the adoption of green building practices. Companies such as ๐’๐œ๐ก๐ข๐ง๐๐ฅ๐ž๐ซ ๐†๐ซ๐จ๐ฎ๐ฉ and ๐Š๐Ž๐๐„ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง are focusing on sustainable solutions. Recent collaborations with real estate developers in Germany and France highlight the region's growth trajectory.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐…๐ซ๐ž๐ž ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: ๐…๐ฎ๐ฅ๐ฅ ๐“๐Ž๐‚, ๐“๐š๐›๐ฅ๐ž๐ฌ, ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ & ๐‚๐ก๐š๐ซ๐ญ๐ฌ ๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ž๐@https://www.maximizemarketresearch.com/request-sample/17439/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Product Type

Elevator
Escalator & Moving walkways

by Elevator Technology

Traction
Machine room-Less
Hydraulic

by Service

New installation
Maintenance & Repair & Modernization

by End-Use Industry

Commercial
Industrial

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-elevator-and-escalator-market/17439/

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐š๐ง๐ ๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Otis Elevator Company (United States)
2. Kone Corporation (Finland)
3. Schindler Group (Switzerland)
4. Mitsubishi Electric Corporation
5. Thyssenkrupp Elevator AG (Finland)
6. Hitachi Ltd. (Japan)
7. Fujitec Co., Ltd. (Japan)
8. Guangzhou Guangri Elevator Industry Co., Ltd. (China)
9. SJEC Corporation (China)
10. Canny Elevator Co., Ltd. (China)
11. Shanghai Mitsubishi Elevator Co., Ltd. (China)
12. IFE Elevators Co. Ltd. (China)
13. Suzhou Diao Elevator Co., Ltd. (China)
14. Kleemann Hellas SA (Greece)
15. Wittur Group (Germany)
16. Sematic S.p.A. (Italy)
17. Cibes Lift Group (Sweden)
18. EITA Elevator (Malaysia)

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก :

โ™ฆ Automotive Valves Market https://www.maximizemarketresearch.com/market-report/automotive-valves-market/2918/

โ™ฆ Food Stabilizers Market https://www.maximizemarketresearch.com/market-report/global-food-stabilizers-market/16818/

โ™ฆ Exhaust Heat Recovery System Market https://www.maximizemarketresearch.com/market-report/global-exhaust-heat-recovery-system-market/16593/

โ™ฆ Global Medical Aesthetics Market https://www.maximizemarketresearch.com/market-report/global-medical-aesthetics-market/29882/

โ™ฆ Minimally Invasive Surgical Instruments Market https://www.maximizemarketresearch.com/market-report/global-minimally-invasive-surgical-instruments-market/116846/

โ™ฆ Proteomics Market https://www.maximizemarketresearch.com/market-report/global-proteomics-market/29746/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Smart Monitoring Ushering in Next-Gen Mobility Solutions
08-29-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD
GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Sma โ€ฆ
GPS Tracking Device Market size was valued at USD 3.50 Billion in 2024 and the total GPS Tracking Device revenue is expected to grow at a CAGR of 13.1% from 2025 to 2032, reaching nearly USD 9.38 Billion. GPS Tracking Device Market Overview: The GPS tracking device market is entering a dynamic growth phase, propelled by mounting demand in logistics, automotive, personal safety, and healthcare industries. Innovations such as IoT integration, telematics,โ€ฆ
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2025-2032
08-29-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2 โ€ฆ
The Iron and Steel Slag Market size was valued at USD 25.81 Billion in 2024 and the total Iron and Steel Slag revenue is expected to grow at a CAGR of 1.5% from 2025 to 2032, reaching nearly USD 29.08 Billion. Iron and Steel Slag Market Overview: Iron and steel slag, a byproduct of metal smelting, is emerging as a linchpin in modern industrial ecosystems. Far from being waste, this versatile materialโ€ฆ
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% from 2024 to 2032
08-29-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% โ€ฆ
The Shooting Ranges Market size was valued at USD 1.40 Billion in 2024 and the total Shooting Ranges revenue is expected to grow at a CAGR of 7.85% from 2025 to 2032, reaching nearly USD 2.57 Billion. Shooting Ranges Market Overview: Shooting ranges serve as specialized facilities-both indoor and outdoor-where firearms and archery training, recreational shooting, and competitive events take place in controlled, safe environments. These venues support a wide spectrum ofโ€ฆ
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone Revolution at a CAGR of 13.95% from 2025 to 2032
08-29-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone R โ€ฆ
The Fuel Cell UAV Market size was valued at USD 1661.38 Million in 2024 and the total Fuel Cell UAV revenue is expected to grow at a CAGR of 13.95% from 2025 to 2032, reaching nearly USD 4722.62 Million. Fuel Cell UAV Market Overview: Fuel-cell-powered unmanned aerial vehicles (UAVs) are swiftly redefining the drone landscape with their promise of prolonged flight times and greener operations. Leading aerospace innovators and emerging startups alikeโ€ฆ

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More Releases for Elevator

04-10-2024 | IT, New Media & Software
Infinity Business Insights
Elevator Services Market shows Unbelievable Growth | Allied Elevator, Bison Elev โ€ฆ
Elevator Services market trends research report 2024 to 2031. The report is designed to provide an overview of the industry with market growth analysis with historical and futuristic perspective for the following parameters: revenue, demand, and supply data (if applicable). High Level Research Report on Elevator Services market attributes using proprietary tools such as Penetration Mapping Index and other effective mapping tools such as Porter's Five Forces Analysis, SWOT, PESTEL,โ€ฆ
09-18-2023 | Advertising, Media Consulting, โ€ฆ
Dhirtek Business Research and Consulting
Van Elevator Market | CNYD, Canny Elevator, Dongnan Elevator, Edunburgh Elevator
The global van elevator market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the van elevator market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth of theโ€ฆ
02-25-2019 | IT, New Media & Software
Research Reports World
Elevator Modernization Market 2019: Top Key Players Are KONE Elevator, Schindler โ€ฆ
Elevator Modernization Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13869380 Global Elevator Modernization market 2019 research provides a basic overview of the industry including definitions, classifications,โ€ฆ
01-29-2019 | Advertising, Media Consulting, โ€ฆ
Report Hive Research
2019 Elevator Modernization Market | By Leading Players: KONE Elevator, Schindle โ€ฆ
Elevator Modernization Market report provides Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025. This market study answers several questions (like current market status, future market opportunities, global and regional distribution industry) for stakeholders, primarily which market segments they should focus upon, during the next few years to prioritize their efforts and investments. Download PDF Sample of this Report @ https://www.reporthive.com/enquiry.php?id=1520666&req_type=smpl&utm_source=SN The major manufacturers covered in this report: โ€ข KONE Elevator โ€ข Schindler Group โ€ข Otis Elevatorโ€ฆ
10-30-2018 | Advertising, Media Consulting, โ€ฆ
HTF Market Intelligence Consulting Pvt. Ltd.
Elevator & Escalators Market to Witness Huge Growth by 2025 | Leading Key Player โ€ฆ
HTF MI recently introduced Global Elevator & Escalators Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Sanyo Elevator, DAIKO, Escone Elevators, Saita Kougyou, Hitachi, Fujitec,Otis Elevator,โ€ฆ
06-15-2017 | Industry, Real Estate & Constr โ€ฆ
QYresearchreports
Global Elevator and Escalator Sales Market Report 2017 - Hitachi, Otis Elevator, โ€ฆ
Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Elevator and Escalator for these regions, from 2012 to 2022 (forecast), covering United States China Europe Japan Southeast Asia India Global Elevator and Escalator market competition by top manufacturers/players, with Elevator and Escalator sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including Hitachi KONE Mitsubishi Electric Otis Elevator Schindler Elevator ThyssenKrupp Elevator Beacon Engineering Cannyโ€ฆ