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Global Elevator and Escalator Market 2024-2028

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    Report

  • 176 Pages
  • May 2024
  • Region: Global
  • TechNavio
  • ID: 5632853
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The elevator and escalator market is forecasted to grow by USD 76.7 billion during 2023-2028, accelerating aat a CAGR of 10.13% during the forecast period. The report on the elevator and escalator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for smart elevators, growing number of construction activities, and growing investment in smart cities.

The elevator and escalator market is segmented as below:

By Product

  • Elevators
  • Escalators

By Application

  • Commercial
  • Residential
  • Industrial

By Geography

  • APAC
  • Europe
  • Middle East and Africa
  • North America
  • South America
This study identifies the elevator maintenance using iot platforms as one of the prime reasons driving the elevator and escalator market growth during the next few years. Also, use of regenerative drives in elevators and escalators and adaption of energy-efficient elevators and escalators will lead to sizable demand in the market.

The report on the elevator and escalator market covers the following areas:

  • Elevator and escalator market sizing
  • Elevator and escalator market forecast
  • Elevator and escalator market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading elevator and escalator market vendors that include Braun Elevator, Brobeil Aufzuge GmbH and Co.KG, ESCON Elevators Pvt. Ltd., Fuji Electric Co. Ltd., Fuji Elevators Co., Fujitec Co. Ltd., HIRO LIFT Hillenkotter and Ronsieck GmbH, Hitachi Ltd., Hyundai Elevator Co. Ltd., Kohler Co., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Savaria Corp., SCHAEFER GmbH, Schindler Holding Ltd., thyssenkrupp AG, Toshiba Corp., Weidmuller Interface GmbH and Co. KG, and WITTUR HOLDING GmbH. Also, the elevator and escalator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Elevator And Escalator Market 2018 - 2022
Historic Market Size - Data Table on Global Elevator And Escalator Market 2018 - 2022 ($ billion)
4.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
6.3 Elevators - Market size and forecast 2023-2028
Chart on Elevators - Market size and forecast 2023-2028 ($ billion)
Data Table on Elevators - Market size and forecast 2023-2028 ($ billion)
Chart on Elevators - Year-over-year growth 2023-2028 (%)
Data Table on Elevators - Year-over-year growth 2023-2028 (%)
6.4 Escalators - Market size and forecast 2023-2028
Chart on Escalators - Market size and forecast 2023-2028 ($ billion)
Data Table on Escalators - Market size and forecast 2023-2028 ($ billion)
Chart on Escalators - Year-over-year growth 2023-2028 (%)
Data Table on Escalators - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
Market opportunity by Product ($ billion)
Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Application
7.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
7.3 Commercial - Market size and forecast 2023-2028
Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
Chart on Commercial - Year-over-year growth 2023-2028 (%)
Data Table on Commercial - Year-over-year growth 2023-2028 (%)
7.4 Residential - Market size and forecast 2023-2028
Chart on Residential - Market size and forecast 2023-2028 ($ billion)
Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
Chart on Residential - Year-over-year growth 2023-2028 (%)
Data Table on Residential - Year-over-year growth 2023-2028 (%)
7.5 Industrial - Market size and forecast 2023-2028
Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
Chart on Industrial - Year-over-year growth 2023-2028 (%)
Data Table on Industrial - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Application
Market opportunity by Application ($ billion)
Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape2023-2028 (%)
Data Table on Market share By Geographical Landscape2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.6 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ billion)
Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ billion)
Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ billion)
Data Table on China - Market size and forecast 2023-2028 ($ billion)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ billion)
Data Table on India - Market size and forecast 2023-2028 ($ billion)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
Market opportunity By Geographical Landscape($ billion)
Data Tables on Market opportunity By Geographical Landscape($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 Braun Elevator
Braun Elevator - Overview
Braun Elevator - Product / Service
Braun Elevator - Key offerings
12.4 Brobeil Aufzuge GmbH and Co.KG
Brobeil Aufzuge GmbH and Co.KG - Overview
Brobeil Aufzuge GmbH and Co.KG - Product / Service
Brobeil Aufzuge GmbH and Co.KG - Key offerings
12.5 ESCON Elevators Pvt. Ltd.
ESCON Elevators Pvt. Ltd. - Overview
ESCON Elevators Pvt. Ltd. - Product / Service
ESCON Elevators Pvt. Ltd. - Key offerings
12.6 Fuji Electric Co. Ltd.
Fuji Electric Co. Ltd. - Overview
Fuji Electric Co. Ltd. - Business segments
Fuji Electric Co. Ltd. - Key news
Fuji Electric Co. Ltd. - Key offerings
Fuji Electric Co. Ltd. - Segment focus
12.7 Fujitec Co. Ltd.
Fujitec Co. Ltd. - Overview
Fujitec Co. Ltd. - Business segments
Fujitec Co. Ltd. - Key news
Fujitec Co. Ltd. - Key offerings
Fujitec Co. Ltd. - Segment focus
12.8 HIRO LIFT Hillenkotter and Ronsieck GmbH
HIRO LIFT Hillenkotter and Ronsieck GmbH - Overview
HIRO LIFT Hillenkotter and Ronsieck GmbH - Product / Service
HIRO LIFT Hillenkotter and Ronsieck GmbH - Key offerings
12.9 Hitachi Ltd.
Hitachi Ltd. - Overview
Hitachi Ltd. - Business segments
Hitachi Ltd. - Key news
Hitachi Ltd. - Key offerings
Hitachi Ltd. - Segment focus
12.10 Hyundai Elevator Co. Ltd.
Hyundai Elevator Co. Ltd. - Overview
Hyundai Elevator Co. Ltd. - Product / Service
Hyundai Elevator Co. Ltd. - Key news
Hyundai Elevator Co. Ltd. - Key offerings
12.11 Kohler Co.
Kohler Co. - Overview
Kohler Co. - Product / Service
Kohler Co. - Key news
Kohler Co. - Key offerings
12.12 KONE Corp.
KONE Corp. - Overview
KONE Corp. - Product / Service
KONE Corp. - Key news
KONE Corp. - Key offerings
12.13 Mitsubishi Electric Corp.
Mitsubishi Electric Corp. - Overview
Mitsubishi Electric Corp. - Business segments
Mitsubishi Electric Corp. - Key news
Mitsubishi Electric Corp. - Key offerings
Mitsubishi Electric Corp. - Segment focus
12.14 Otis Worldwide Corp.
Otis Worldwide Corp. - Overview
Otis Worldwide Corp. - Business segments
Otis Worldwide Corp. - Key offerings
Otis Worldwide Corp. - Segment focus
12.15 Schindler Holding Ltd.
Schindler Holding Ltd. - Overview
Schindler Holding Ltd. - Product / Service
Schindler Holding Ltd. - Key offerings
12.16 thyssenkrupp AG
thyssenkrupp AG - Overview
thyssenkrupp AG - Business segments
thyssenkrupp AG - Key news
thyssenkrupp AG - Key offerings
thyssenkrupp AG - Segment focus
12.17 Toshiba Corp.
Toshiba Corp. - Overview
Toshiba Corp. - Business segments
Toshiba Corp. - Key news
Toshiba Corp. - Key offerings
Toshiba Corp. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market by Geography
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Market Segmentation by Application
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Elevator And Escalator Market 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Product - Market share 2023-2028 (%)
Exhibits 33: Data Table on Product - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Product
Exhibits 35: Data Table on Comparison by Product
Exhibits 36: Chart on Elevators - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Data Table on Elevators - Market size and forecast 2023-2028 ($ billion)
Exhibits 38: Chart on Elevators - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Elevators - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Escalators - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Data Table on Escalators - Market size and forecast 2023-2028 ($ billion)
Exhibits 42: Chart on Escalators - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Escalators - Year-over-year growth 2023-2028 (%)
Exhibits 44: Market opportunity by Product ($ billion)
Exhibits 45: Data Table on Market opportunity by Product ($ billion)
Exhibits 46: Chart on Application - Market share 2023-2028 (%)
Exhibits 47: Data Table on Application - Market share 2023-2028 (%)
Exhibits 48: Chart on Comparison by Application
Exhibits 49: Data Table on Comparison by Application
Exhibits 50: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibits 52: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 53: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 54: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibits 56: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 57: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 58: Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
Exhibits 60: Chart on Industrial - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
Exhibits 62: Market opportunity by Application ($ billion)
Exhibits 63: Data Table on Market opportunity by Application ($ billion)
Exhibits 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 65: Chart on Market share By Geographical Landscape2023-2028 (%)
Exhibits 66: Data Table on Market share By Geographical Landscape2023-2028 (%)
Exhibits 67: Chart on Geographic comparison
Exhibits 68: Data Table on Geographic comparison
Exhibits 69: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 70: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 71: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 74: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 75: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 78: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 79: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 82: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 83: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 86: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 87: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 90: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 91: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 94: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 95: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 98: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 99: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 102: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 103: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 106: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 107: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 109: Market opportunity By Geographical Landscape($ billion)
Exhibits 110: Data Tables on Market opportunity By Geographical Landscape($ billion)
Exhibits 111: Impact of drivers and challenges in 2023 and 2028
Exhibits 112: Overview on criticality of inputs and factors of differentiation
Exhibits 113: Overview on factors of disruption
Exhibits 114: Impact of key risks on business
Exhibits 115: Companies covered
Exhibits 116: Matrix on companies position and classification
Exhibits 117: Braun Elevator - Overview
Exhibits 118: Braun Elevator - Product / Service
Exhibits 119: Braun Elevator - Key offerings
Exhibits 120: Brobeil Aufzuge GmbH and Co.KG - Overview
Exhibits 121: Brobeil Aufzuge GmbH and Co.KG - Product / Service
Exhibits 122: Brobeil Aufzuge GmbH and Co.KG - Key offerings
Exhibits 123: ESCON Elevators Pvt. Ltd. - Overview
Exhibits 124: ESCON Elevators Pvt. Ltd. - Product / Service
Exhibits 125: ESCON Elevators Pvt. Ltd. - Key offerings
Exhibits 126: Fuji Electric Co. Ltd. - Overview
Exhibits 127: Fuji Electric Co. Ltd. - Business segments
Exhibits 128: Fuji Electric Co. Ltd. - Key news
Exhibits 129: Fuji Electric Co. Ltd. - Key offerings
Exhibits 130: Fuji Electric Co. Ltd. - Segment focus
Exhibits 131: Fujitec Co. Ltd. - Overview
Exhibits 132: Fujitec Co. Ltd. - Business segments
Exhibits 133: Fujitec Co. Ltd. - Key news
Exhibits 134: Fujitec Co. Ltd. - Key offerings
Exhibits 135: Fujitec Co. Ltd. - Segment focus
Exhibits 136: HIRO LIFT Hillenkotter and Ronsieck GmbH - Overview
Exhibits 137: HIRO LIFT Hillenkotter and Ronsieck GmbH - Product / Service
Exhibits 138: HIRO LIFT Hillenkotter and Ronsieck GmbH - Key offerings
Exhibits 139: Hitachi Ltd. - Overview
Exhibits 140: Hitachi Ltd. - Business segments
Exhibits 141: Hitachi Ltd. - Key news
Exhibits 142: Hitachi Ltd. - Key offerings
Exhibits 143: Hitachi Ltd. - Segment focus
Exhibits 144: Hyundai Elevator Co. Ltd. - Overview
Exhibits 145: Hyundai Elevator Co. Ltd. - Product / Service
Exhibits 146: Hyundai Elevator Co. Ltd. - Key news
Exhibits 147: Hyundai Elevator Co. Ltd. - Key offerings
Exhibits 148: Kohler Co. - Overview
Exhibits 149: Kohler Co. - Product / Service
Exhibits 150: Kohler Co. - Key news
Exhibits 151: Kohler Co. - Key offerings
Exhibits 152: KONE Corp. - Overview
Exhibits 153: KONE Corp. - Product / Service
Exhibits 154: KONE Corp. - Key news
Exhibits 155: KONE Corp. - Key offerings
Exhibits 156: Mitsubishi Electric Corp. - Overview
Exhibits 157: Mitsubishi Electric Corp. - Business segments
Exhibits 158: Mitsubishi Electric Corp. - Key news
Exhibits 159: Mitsubishi Electric Corp. - Key offerings
Exhibits 160: Mitsubishi Electric Corp. - Segment focus
Exhibits 161: Otis Worldwide Corp. - Overview
Exhibits 162: Otis Worldwide Corp. - Business segments
Exhibits 163: Otis Worldwide Corp. - Key offerings
Exhibits 164: Otis Worldwide Corp. - Segment focus
Exhibits 165: Schindler Holding Ltd. - Overview
Exhibits 166: Schindler Holding Ltd. - Product / Service
Exhibits 167: Schindler Holding Ltd. - Key offerings
Exhibits 168: thyssenkrupp AG - Overview
Exhibits 169: thyssenkrupp AG - Business segments
Exhibits 170: thyssenkrupp AG - Key news
Exhibits 171: thyssenkrupp AG - Key offerings
Exhibits 172: thyssenkrupp AG - Segment focus
Exhibits 173: Toshiba Corp. - Overview
Exhibits 174: Toshiba Corp. - Business segments
Exhibits 175: Toshiba Corp. - Key news
Exhibits 176: Toshiba Corp. - Key offerings
Exhibits 177: Toshiba Corp. - Segment focus
Exhibits 178: Inclusions checklist
Exhibits 179: Exclusions checklist
Exhibits 180: Currency conversion rates for US$
Exhibits 181: Research methodology
Exhibits 182: Information sources
Exhibits 183: Data validation
Exhibits 184: Validation techniques employed for market sizing
Exhibits 185: Data synthesis
Exhibits 186: 360 degree market analysis
Exhibits 187: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global elevator and escalator market: Braun Elevator, Brobeil Aufzuge GmbH and Co.KG, ESCON Elevators Pvt. Ltd., Fuji Electric Co. Ltd., Fuji Elevators Co., Fujitec Co. Ltd., HIRO LIFT Hillenkotter and Ronsieck GmbH, Hitachi Ltd., Hyundai Elevator Co. Ltd., Kohler Co., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Savaria Corp., SCHAEFER GmbH, Schindler Holding Ltd., thyssenkrupp AG, Toshiba Corp., Weidmuller Interface GmbH and Co. KG, and WITTUR HOLDING GmbH.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is elevator maintenance using iot platforms."

According to the report, one of the major drivers for this market is the increasing demand for smart elevators.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Braun Elevator
  • Brobeil Aufzuge GmbH and Co.KG
  • ESCON Elevators Pvt. Ltd.
  • Fuji Electric Co. Ltd.
  • Fuji Elevators Co.
  • Fujitec Co. Ltd.
  • HIRO LIFT Hillenkotter and Ronsieck GmbH
  • Hitachi Ltd.
  • Hyundai Elevator Co. Ltd.
  • Kohler Co.
  • KONE Corp.
  • Mitsubishi Electric Corp.
  • Otis Worldwide Corp.
  • Savaria Corp.
  • SCHAEFER GmbH
  • Schindler Holding Ltd.
  • thyssenkrupp AG
  • Toshiba Corp.
  • Weidmuller Interface GmbH and Co. KG
  • WITTUR HOLDING GmbH