Press release
Germany Elevator and Escalator Market by New Installations to Hit 24.78 Thousand Units by 2030 - Exclusive Research Report by Arizton
Germany Elevator and Escalator Market Research Report by Arizton
To Know More, Click: [https://www.arizton.com/market-reports/germany-elevator-and-escalator-market]
Report Summary
Market Size by New Installations (2030): 24.78 Thousand Units
Market Size by New Installations (2024): 23.09Thousand Units
CAGR - New Installations (2024-2030): 1.18%
Market Size by Installed Base (2030): 10,65.2Thousand Units
Market Size by Modernization (2030): USD 548 Million
Historic Year: 2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Recent Developments in The Germany Elevator and Escalator Market
* The 2025 Schindler Germany elevator line brought modern designs with a fashionable panel combined with digital controls and intelligent cabin features. The Premia 500 tableau stands out as a major feature that uses multimedia display technology for in-cabin real-time information system orientation.
* TK Elevators secured a contract with KVB, which is the public transport provider in Cologne to modernize escalators across Cologne's subway stations in September 2024. This project includes the installation of 23 Victoria-type escalators in many high-traffic stations; starting from the Neumarkt station in the center of the city which would help KVB to improve the passenger experience and operational efficiency.
* KONE Germany used a strategic move in January 2025 by purchasing Aufzug & Service W+S GmbH in South Germany as well as EKS Lift Services GmbH in Rhineland-Palatinate. The recent acquisitions will help KONE establish stronger market control within the German vertical transportation industry.
Increasing renovation and housing construction projects pushing demand for passenger elevators in Germany
Germany's construction and real estate sector is facing a prolonged downturn, as reflected in a significant 18.3% decline in building permits for apartments in February compared to the previous year. This marks the third consecutive year of a slowdown, with 4,100 fewer permits issued, signaling a continued reduction in future construction activity. The decline is exacerbated by rising interest rates, which have led to developer insolvencies and job losses within the sector.
The German Property Federation has called on states to reduce property sales taxes to reverse the downward trend in housing construction, as the country struggles to meet its annual target of building 400,000 apartments. Despite these challenges, the demand for passenger elevators, driven by the construction of residential towers and mixed-use units, remains strong. Passenger elevators, with machine room and machine room-less technology, are in high demand due to their superior ride quality compared to freight elevators. However, the overall slump in construction and real estate continues to impact the industry significantly.
Smart and Sustainable Innovations in Germany Elevator and Escalators Market
Germany's elevator and escalator market is embracing smart, efficient, and sustainable innovations to enhance both passenger experience and building performance. The Otis Smart Cab elevator incorporates advanced in-cabin technologies, including customizable scents and smart image displays, to provide a personalized experience. It also promotes energy efficiency by dimming lights and displays when not in use, reducing energy consumption.
Meanwhile, the KONE High-Rise Minispace DX elevator focuses on space optimization and construction efficiency. Its compact design, simplified pit construction, and increased rentable space contribute to greater building efficiency and sustainability. These innovations reflect the industry's commitment to enhancing performance while addressing environmental concerns.
Buy this Research @ [https://www.arizton.com/market-reports/germany-elevator-and-escalator-market]
Key Vendors
* Otis
* KONE
* TK Elevator
* Schindler
* Mitsubishi Electric
* Fujitec
* KOHLER
* Lutz Aufzuge
* KLEEMANN
* Cibes Lift Group
* Stannah Lifts Holdings Ltd.
* HIRO LIFT
* Orona Group
* AKE Elevators and Escalators
* Lifton
* Brobeil Aufzuge GmbH & Co. KG
* Lift Reith GmbH & Co. KG
* Vestner Aufzuge GmbH
Elevator Market Segmentation by
Machine Type
* Hydraulic and Pneumatic
* Machine Room Traction
* Machine Room Less Traction
* Others
* Climbing
* Elevators
* Industrial Elevators
Carriage Type
* Passenger
* Freight
Capacity
* 2-15 Persons
* 16-24 Persons
* 25-33 Persons
* 34 Persons and Above
End-User
* Commercial
* Residential
* Industrial
* Others
* Public Transit
* Institutional
* Infrastructural
Escalator Market Segmentation by
Product Type
* Parallel
* Multi Parallel
* Walkway
* Crisscross
End-User
* Public Transit
* Commercial
* Others
* Institutional Sector
* Infrastructure
* Industrial
Key Questions Answered in the Report:
How big is the Germany elevator and escalator market?
What are the key opportunities in the Germany elevator and escalator industry?
What are the key Germany elevator and escalator market players?
What is the number of installed bases in the Germany elevator and escalator market in 2024?
What will be the growth rate of the Germany elevator and escalator market?
Check Out Some of the Top Selling Reports of Your Interest:
GCC Elevator and Escalator Market - Size & Growth Forecast 2024-2029
https://www.arizton.com/market-reports/gcc-elevator-and-escalator-market
UAE Elevator and Escalator Market - Size & Growth Forecast 2024-2029
https://www.arizton.com/market-reports/uae-elevator-and-escalator-market
Why Arizton?
100%Customer Satisfaction
24x7availability - we are always there when you need us
200+Fortune 500 Companies trust Arizton's report
80%of our reports are exclusive and first in the industry
100%more data and analysis
1500+reports published till date
Post-Purchase Benefit
* 1hr of free analyst discussion
* 10% off on customization
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=germany-elevator-and-escalator-market-by-new-installations-to-hit-2478-thousand-units-by-2030-exclusive-research-report-by-arizton]
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/germany-elevator-and-escalator-market
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.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 Germany Elevator and Escalator Market by New Installations to Hit 24.78 Thousand Units by 2030 - Exclusive Research Report by Arizton here
News-ID: 3961701 • Views: …
More Releases from ABNewswire
Champion Fence, LLC Sets a New Standard for Wood Fence Installation in Bellingha …
Champion Fence, LLC announces a higher standard for wood fence installation in Bellingham, MA, delivering durable materials, expert craftsmanship, and long-lasting property protection. With expanded service capabilities and a commitment to quality, the company continues to support local homeowners seeking reliable, attractive, and professionally installed wood fencing solutions.
Bellingham, MA - Homeowners in Massachusetts looking to combine privacy, security, and timeless curb appeal now have a trusted partner in Champion Fence,…
Counseling Services for Wellbeing Delivers High-Quality Telehealth Services to E …
CSFW proves that effective mental health care can be personalized, consistent, and human, whether in person or through telehealth services.
Washington, Seattle - As the demand for mental health services continues to rise, Counseling Services for Wellbeing (CSFW) is setting the standard for how virtual care can provide the same high-quality, personalized support as in-person visits. With an increasingly busy world, telehealth has become an essential tool for many clients, but…
Counseling Services for Wellbeing Expands Collaborative Care Model for Children, …
CSFW integrates therapy and psychiatry to support families, schools, and clinicians in offering personalized care for children and adolescents across Washington.
Washington, Seattle - Counseling Services for Wellbeing (CSFW) continues to lead the way in providing integrated mental health care with a new focus on strengthening support for families, schools, and clinicians. The practice's unique model, which combines psychiatric services and therapy under one roof, now extends to help children, teens,…
LEPU SEAL Expands Global Reach with Advanced Mechanical Seal Solutions for Indus …
With strengthened manufacturing capabilities and a growing international customer base, LEPU SEAL reinforces its position as a trusted supplier for chemical, oil and gas, water treatment, and power industries worldwide
Guangzhou, China - LEPU SEAL, a leading manufacturer of industrial mechanical seals and pump sealing solutions, is strengthening its global presence as demand grows across major sectors including chemical processing, oil and gas, water treatment, and power generation. The company's expanding…
More Releases for German
Elan German Transforms Language Learning Journey for Professionals and Students …
Leading Institute Bridges Language Barriers with Comprehensive A1-B2 Programs, Corporate Training, and Complete Relocation Support
The German language opens doors to Europe's largest economy, world-class universities, and countless career opportunities. Yet many learners struggle with traditional methods that focus on textbook German rather than real-world communication skills. Elan German is changing that narrative.
This specialised language training institute has built its reputation on a simple premise: German fluency isn't just about grammar…
Find the best conditions for your German mortgage with Your German Mortgage
During times of the Coronavirus, we are here to help you with finding the right financing for your property.
Special times call for special measures, that's why it's now more important to find a trustworthy and experienced mortgage broker than ever.
We got you covered from finding your property of dreams all the way to financing it.
To ensure that, we have experts in almost every German major city,…
German Maritime Security 2018, German Government Statement!
Despite all international and national efforts, piracy remains a serious peril for the international shipping industry.
Especially in Asia (i.e. Chittagong/Bangladesh or on the Strait of Malacca), but also in South America (e.g. Bay of Santos/Brazil or in the port of Callao/Peru) robbery or piracy there has recurred in the recent past. At the West African coast the number of incidents had raised even by 50% with 66 incidents this…
German Local Trade Tax
All the companies in Germany are liable to pay not only corporate income tax, whose rate is nowadays about 15% of the annual profit of the company, but also trade tax (Gewerbesteuer), which is a tax of German characteristics.
Why would we say that trade tax is of German characteristics? Because it is different from the corporate income tax, which is charged by the German Federal Government and it is difficult…
Integral Launches German Bureau
Integral Launches German Bureau
Appoints Suchit Manchanda as the Head of Operations
January 4, 2010: Germany: Integral Fusion, a leading software services firm, has launched operations in Germany and announced the appointment of Suchit Manchanda as their Managing Director. The German bureau will be responsible for strategic business development in European Union organizations and client servicing. Suchit a world class MBA from Hochschule Nürnberg, Germany and a Masters in IT from Jamia…
ISPA – German Masters 2008
Magdeburg – Over the long weekend of the 4. Mai more than 1.000 Skat players filled the Mittelland hall in Barleben. The tournaments of the 30. German Mastery and the 27. open International German Single Mastership were held by the International Skat Players Association, ISPA Germany. Patrons of the Games were the 1st Barleber Skat sports club e.V. and the Skat club \"Burger Ihleskater\", whose good organization together with the…
