Elevator and Escalator Market: Information by Type (Elevator, Escalator, Others) End-use (Commercial, Construction, Residential building, Others), and Region (Asia-Pacific, North America, Europe, Latin America, and Others) — Global Forecast till 2026
Elevators and Escalators are vertical transportation devices that help move people and goods easily and efficiently within a building. An elevator is a type of vertical transport equipment that efficiently moves passengers or goods between stories of a building, vessel, and other structures. Electric motors power these elevators. An escalator is a moving staircase or a conveyor transport equipment that moves passengers between stories of a building. Escalators include moving stairways and moving walkways. They include moving stairways and moving walkways. They are installed in commercial buildings, residential buildings, mixed-use buildings, education buildings, public transportation, healthcare, IT parks, hotels, restaurants, and retail outlets. They are also installed in parking areas to optimize the use of space.
According to the report, the global Elevator and Escalator market is valued at approximately USD 7,024 million in 2019 and is estimated to exhibit a gentle growth without substantial raise or slump during the prospective period by 2026.
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Key Dynamics
Following the ongoing smart technologies, advancement and the emerging smart elevator is to boost the global Elevator and Escalator market. Apart from this, the fast-growing urbanization, increased global geriatric population, aging Elevator & Escalator installed base, along with the growing expenditure on the construction infrastructure across the world, such factors are driving great demand for E&E machines. Whereas the high price of such equipment, lacking skilled workforce coupled with safety issues during operation, these challenges are likely to impede the market growth.
Segmentation
On the basis of type, Elevator and Escalator Market segmented into
l Escalator
On the application, Elevator and Escalator Market segmented into
l Commercial
l Construction
l Residential building
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Competitive Landscape
KONE
Schindler
Otis Elevator
Thyssenkrupp Aufzüge
Schmitt + Sohn
4E ENTERPRISE ELEVATOR & ESCALATOR ENGINEERING
AAE Aufzugs-Anlagen-Engineering
A.R.G. (Schweiz), AS Aufzug + Service (AS Elevator + Service)
Aufzug & Autoparksysteme Berlin
Brobeil Aufzüge
Friedrich Daniels
Fuji Electric
Fujitec
KOHLER Elevator
LUTZ Elevators
Mayland Aufzüge
Nunn Aufzuge
Omega Lifts
Regional Spotlights
Geographically, the global Elevator and Escalator market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Thanks to the increasing number of high-rise buildings in economies such as Germany that drive the growth in Europe Elevator and Escalator market, the region is the most significant contributor in terms of value, accounting for almost 35.02% of the total values in the base year. Likewise, Asia-Pacific is anticipated to make a notable growth in revenue generation, the sales in the region is valued at USD 2,651 million in the year of 2018, accounting for the largest sales amount of 37.74%, that can be credited to the increasing construction activities of commercial building and residential building in the region.
Overall Regions Outlook
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Elevator and Escalator Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Elevator and Escalator Market by Types
4 Segmentation of Elevator and Escalator Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Elevator and Escalator Market in Major Countries
7 North America Elevator and Escalator Landscape Analysis
8 Europe Elevator and Escalator Landscape Analysis
9 Asia Pacific Elevator and Escalator Landscape Analysis
10 Latin America, Middle East & Africa Elevator and Escalator Landscape Analysis
11 Major Players Profile
11.1 KONE
11.1.1 KONE Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Schindler
11.3 Otis Elevator
11.4 Thyssenkrupp Aufzüge
11.5 Schmitt + Sohn
11.6 4E ENTERPRISE ELEVATOR & ESCALATOR ENGINEERING
11.7 AAE Aufzugs-Anlagen-Engineering
11.8 A.R.G. (Schweiz)
11.9 AS Aufzug + Service (AS Elevator + Service)
11.10 Aufzug & Autoparksysteme Berlin
11.11 Brobeil Aufzüge
11.12 Friedrich Daniels
11.13 Fuji Electric
11.14 Fujitec
11.15 KOHLER Elevator
11.16 LUTZ Elevators
11.17 Mayland Aufzüge
11.18 Nunn Aufzuge
11.19 Omega Lifts
11.20 Wittur
…
In-depth Elevator and Escalator Market Report: Intended Audience
l Elevator and Escalator manufacturers
l Original component suppliers of Elevator and Escalator
l Downstream vendors and end-users
l Traders, distributors, and resellers of Elevator and Escalator
l Machinery, equipment industry associations and research organizations
l Product managers, Elevator and Escalator industry administrator, C-level executives of the industries
l Market Research and consulting firms
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Years considered for the study
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
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