Global Elevator & Escalator Market Size & Trends
According to a new market research report published by Global Market Estimates, the Global Elevator & Escalator Market is expected to grow at a CAGR value of 6.3% from 2022 to 2027. The growing urban population, increasing demand for smart elevators, energy-efficient elevator solutions, and the growing demand for retrofitting construction services are the main drivers of the market.
Browse 153 Market Data Tables and 113 Figures spread through 185 Pages and indepth TOC on “Global Elevator & Escalator Market - Forecast to 2027’’ https://www.globalmarketestimates.com/market-report/elevator-escalator-market-3870
By Product (Elevator, Escalator, Moving Walkways), By Service Type (New installation, Maintenance & Repair, Modernization), By Elevator Technology (Traction Elevator, Machine Room Less Traction Elevator, Hydraulic), By End User (Residential, Commercial, Institutional, Infrastructure), By region (North America, Asia Pacific and Europe), Competitive Landscape Company Market Share Analysis, and Competitor Analysis Key Market Insights
As per the product type outlook, the elevator segment is expected to be the largest
segment in the Elevator & Escalator market from 2022 to 2027 The Asia Pacific region is analyzed to be the fastest-growing segment in the market North America has the largest share in the market during the forecast period of 2022-
2027. As per the end-user type, the residential segment is expected to be the largest segment
in the Elevator & Escalator market from 2022 to 2027. Some of the key players in the global elevator & escalator market are Schindler Group, Otis Elevator, Thyssenkrupp AG, KONE Corporation, United Technologies, Hyundai Elevator Co. Ltd., Mitsubishi Electric Corporation, Johnson Elevator Co. Ltd., Fujitec Co. Ltd., Toshiba Corporation, and Hitachi Ltd., amongst others.
Product Type Outlook (Revenue, USD Billion, 2022-2027)
Elevator Escalator Moving Walkways
Service Type (Revenue, USD Billion, 2022-2027)
New Installation Maintenance & Repair Modernization
Elevator Technology Type (Revenue, USD Billion, 2022-2027)
Traction Elevator Machine Room Less Traction Elevator Hydraulic
End User Type (Revenue, USD Billion, 2022-2027)
Residential Commercial Institutional Infrastructure
Region wise (Revenue, USD Billion, 2022-2027) North America
United States
Canada
Asia Pacific
China India Japan South Korea Australia
Europe
Germany UK France
Italy Spain
Contact: Yash Jain Email address: yash.jain@globalmarketestimates.com Phone Number: +1 6026667238