FEATURED COMPANIES
- Canny Elevator Co., Ltd.
- Fujitec Co., Ltd.
- Hitachi Ltd.
- Kleemann Hellas S.A.
- KONE Oyj
- Otis Elevator Company
Global Elevators and Escalators Market to Reach $80.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Elevators and Escalators estimated at US$66 Billion in the year 2020, is projected to reach a revised size of US$80.1 Billion by 2027, growing at aCAGR of 2.8% over the period 2020-2027. Elevators, one of the segments analyzed in the report, is projected to record 2.9% CAGR and reach US$72.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Escalators segment is readjusted to a revised 2.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 3.4% CAGR
The Elevators and Escalators market in the U.S. is estimated at US$7.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$20.5 Billion by the year 2027 trailing a CAGR of 3.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.
Select Competitors (Total 114 Featured) -
- Canny Elevator Co., Ltd.
- Fujitec Co., Ltd.
- Hitachi Ltd.
- Hyundai Elevators Co., Ltd.
- Johnson Lifts Private Limited
- Kleemann Hellas S.A.
- KONE Oyj
- Mitsubishi Electric Corporation
- Shanghai Mitsubishi Elevator Co., Ltd. (SMEC)
- Otis Elevator Company
- Otis Electric Elevator Co., Ltd.
- Sigma Elevator Company Limited
- Savaria Corporation
- Schindler Group
- SJEC Corporation
- ThyssenKrupp Elevator AG
- Toshiba Elevator and Building Systems Corporation
- Yungtay Engineering Co. Ltd.
Frequently Asked Questions about the Global Market for Elevators and Escalators
What is the estimated value of the Global Market for Elevators and Escalators?
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Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Canny Elevator Co., Ltd.
- Fujitec Co., Ltd.
- Hitachi Ltd.
- Kleemann Hellas S.A.
- KONE Oyj
- Otis Elevator Company
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Canny Elevator Co., Ltd.
- Fujitec Co., Ltd.
- Hitachi Ltd.
- Hyundai Elevators Co., Ltd.
- Johnson Lifts Private Limited
- Kleemann Hellas S.A.
- KONE Oyj
- Mitsubishi Electric Corporation
- Shanghai Mitsubishi Elevator Co., Ltd. (SMEC)
- Otis Elevator Company
- Otis Electric Elevator Co., Ltd.
- Sigma Elevator Company Limited
- Savaria Corporation
- Schindler Group
- SJEC Corporation
- ThyssenKrupp Elevator AG
- Toshiba Elevator and Building Systems Corporation
- Yungtay Engineering Co. Ltd.
Note: Product cover images may vary from those shown