The North America elevator equipment & service market is expected to grow by 3.3% annually in the forecast period and reach $13.7 billion by 2027 owing to the rising urbanization, upswing in digitalization, increasing geriatric population, growing construction and maintenance/upgrade activities.
Highlighted with 27 tables and 52 figures, this 101-page report “North America Elevator Equipment & Service Market 2020-2027 by Offering (Equipment, Service), Product Type (Elevators, Escalators, Moving Walkways), Technology (Hydraulic, Traction, Climbing, Pneumatic), End-use (Residential, Commercial, Industrial), and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire North America elevator equipment & service market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2027 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.)
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2027 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
Report Scope
Based on Offering, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
- Elevator Equipment
- Passenger & Freight Elevators
- Escalators & Moving Walkways
- Parts & Accessories
- Elevator Service
- Installation Service
- Maintenance & Repair Service
- Modernization & Upgrade Service
Based on Product Type, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
- Elevators
- Escalators
- Moving Walkways
Based on Technology, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
- Hydraulic Elevators
- Conventional Hydraulic Elevators
- Hole-less Hydraulic Elevators
- Roped Hydraulic Elevators
- Traction Elevators
- Geared Traction Elevators
- Gear-less Traction Elevators
- Machine Room-Less Elevators
- Climbing Elevators
- Pneumatic/Vacuum Elevators
Based on End-use, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
- Residential Use
- Commercial Use
- Industrial Use
- Other End-uses
Geographically, the following national/local markets are fully investigated:
- U.S.
- Canada
- Mexico
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
- Fujitec Corporation Limited
- Hitachi, Ltd.
- Hyundai Elevator Co. Ltd.
- Kleemann Hellas S.A.
- Kone Corporation
- Mitsubishi Electric Corporation
- Otis Worldwide Corporation
- Schindler Group
- Sigma Elevator Company Limited
- ThyssenKrupp AG
- Toshiba Elevator and Building Systems Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Frequently Asked Questions about the North American Elevator Equipment & Service Market
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| Report Attribute | Details |
|---|---|
| No. of Pages | 101 |
| Published | August 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 11 Billion |
| Forecasted Market Value ( USD | $ 13.7 Billion |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | North America |
Table of Contents
1 Introduction
2 Market Overview and Dynamics
3 Segmentation of North America Market by Offering
4 Segmentation of North America Market by Product Type
5 Segmentation of North America Market by Technology
6 Segmentation of North America Market by End Use
7 North America Market 2020-2027 by Country
8 Competitive Landscape
List of Tables:
Companies Mentioned
A selection of companies mentioned in this report includes:
- Fujitec Corporation Limited
- Hitachi, Ltd.
- Hyundai Elevator Co. Ltd.
- Kleemann Hellas S.A.
- Kone Corporation
- Mitsubishi Electric Corporation
- Otis Worldwide Corporation
- Schindler Group
- Sigma Elevator Company Limited
- ThyssenKrupp AG
- Toshiba Elevator and Building Systems Corporation
Methodology
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