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The global elevator and escalator market is segmented based on its technology, type, and application. Based on technology, the market is segmented into hydraulic, traction and machine room-less. Based on the type, the market is segmented into elevator, escalator and moving walkways. Further, based on the application, the market is categorized into residential, corporate office, hypermarkets, malls and others (industrial). Among the technology, the hydraulic segment is anticipated to hold a prominent market share owing to the increase in preference for hydraulic elevators in low- and mid-rise buildings, as the installation cost of hydraulic elevators is less compared to traction elevators.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Elevator and Escalators Market Report Segment
By Technology
- Hydraulic
- Traction
- Machine Room-Less
By Type
- Elevator
- Escalator
- Moving Walkways
By Application
- Residential
- Corporate Office
- Hypermarkets
- Malls
- Others (Industrial)
Global Elevator and Escalators Market Report Segment by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global elevator and escalator market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who stands where’ in the market
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