Elevator and Escalator Global Market Report 2024

Description

An elevator is a room-type machine designed to transport people or freight between different levels in a building. Escalators are moving stairs that facilitate vertical movement between building levels. Both are commonly used in buildings for passenger and freight transport.

The main types of elevators and escalators include elevators, escalators, and moving walkways. Escalators consist of a moving staircase conveying people between building floors. Businesses in this industry encompass new equipment, maintenance, and modernization, utilizing various technologies such as elevator technology, traction elevators, machine roomless traction elevators, and hydraulics. Applications span across residential, commercial, institutional, infrastructure, and other end-user categories.

The elevator and escalator market research report is one of a series of new reports from The Business Research Company that provides elevator and escalator market statistics, including elevator and escalator industry global market size, regional shares, competitors with an elevator and escalator market share, detailed elevator and escalator market segments, market trends and opportunities, and any further data you may need to thrive in the elevator and escalator industry. This elevator and escalator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The elevator and escalator market size has grown strongly in recent years. It will grow from $109.63 billion in 2023 to $118.48 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The historical growth in the elevator and escalator industry can be attributed to supportive government initiatives, a heightened focus on energy-efficient elevators, and increased investment in infrastructure projects.

The elevator and escalator market size is expected to see strong growth in the next few years. It will grow to $161.83 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The elevator and escalator industry witnessed historic growth due to government support, energy-efficient trends, and infrastructure investments. In the forecast period, factors such as skyscraper construction, increased urbanization, and smart city development are expected to drive growth. Trends include IoT adoption, gearless technology, green home elevators, product innovations, and strategic partnerships for geographical expansion and technology integration.

The anticipated growth in infrastructure investment is poised to drive the expansion of the elevator and escalator market in the foreseeable future. Infrastructure, encompassing the construction of tangible assets such as bridges, roads, and buildings, plays a pivotal role in this context. The escalating heights of buildings, necessitated by urban development, contribute to an increased demand for elevators and escalators, enhancing efficiency and time-saving for individuals. A case in point is the November 2021 announcement by the Indian Brand Equity Foundation, a government agency, revealing a $1.89 billion allocation in the union budget by the Indian central government for infrastructure development. Additionally, the Indian Parliament's approval of a bill to establish the National Bank for Financing Infrastructure and Development (NaBFID) further underscores the commitment to funding infrastructure projects in India. Notably, a 13% share of the total Foreign Direct Investment (FDI) inflows, amounting to $81.72 billion, has been allocated for infrastructure development activities. Consequently, the upsurge in infrastructure investments is a driving force behind the growth of the elevator and escalator markets.

The elevator and escalator market is expected to receive significant support from the rapid growth of smart cities in the forecast period. Smart cities, characterized by technologically advanced urban areas leveraging electronic methods and sensors to gather specific data, are driving the adoption of smart elevators and escalators. A notable example is the projection by CITyFiED, a Spain-based project funded by the European Union's Seventh Program, indicating that the number of smart homes in Europe is expected to reach 84 million by the end of 2022. Countries such as Germany, the UK, and France are pivotal contributors to this market expansion. The UK, for instance, is anticipated to achieve a smart home penetration rate of 63% by 2025. The increasing prevalence of smart cities is anticipated to act as a catalyst for the elevator and escalator market, with the demand for technologically advanced solutions aligning with the evolving urban landscape.

The elevator and escalator market is witnessing a significant trend of product innovations, with major companies dedicated to developing cutting-edge digitally connected technologies to maintain a competitive edge. A notable example is the initiative by KONE Elevator, an Indian elevator manufacturing company, in March 2021, where they introduced the digitally connected KONE DX class elevators, redefining the elevator experience. The KONE DX Class elevators empower customers to utilize additional software and services throughout the entire lifespan of a building. The incorporation of open application programming interfaces (APIs) enhances the manageability of the elevator, enabling seamless integration with different devices, apps, and services, both new and existing.

The Internet of Things (IoT) stands out as another prominent trend gaining traction in the elevator and escalator market. IoT facilitates the seamless flow of information and rapid decision-making by connecting people, machines, and services. Major companies in the elevator and escalator sector are strategically focusing on IoT technology to introduce technologically advanced products to the market. For instance, in September 2022, Johnson Lifts, an India-based manufacturer of lifts and escalators, launched an IoT-based wireless program called WATCH (Wireless Assessment to Troubleshoot Channelize & Host). This program connects elevators to a data center via an IoT device within the elevator. With this innovative technology, elevators can be monitored in real-time, allowing a team of highly qualified technicians to be promptly alerted and provide rapid support to clients, ensuring trouble-free performance and increasing lift reliability. This emphasis on IoT technology exemplifies a commitment to elevating the efficiency and performance of elevator and escalator systems in the market.

In August 2022, German-based lift solutions provider Lodige Industries acquired Northern Elevator Limited, a UK-based elevator company, to enhance its servicing capacity and expand its reach in the northern part of the UK. The acquisition enables Lodige Industries to offer maintenance and repair services for various lift types, including passenger lifts.

Major companies operating in the elevator and escalator market report are Schindler Group, Otis Worldwide Corporation, Kone Corporation, Hitachi Ltd., Mitsubishi Electric Corporation, Toshiba Corporation, Fijutec Co. Ltd., Hyundai Elevator Ltd., Canny Elevator Co. Ltd., WINONE Elevator Co. Ltd., Symax Lift (China) Co. Ltd., Nantong Fuji Elevator Co. Ltd., Volkslift, Ningbo Hosting Elevator Co. Ltd., General Elevator Co. Ltd., SAIL Intelligent Elevator (Suzhou) Co. Ltd., Huzhou Fuji Elevator Co. Ltd., Suzhou Towards Elevator Co. Ltd., SEPL India Ltd., Orbis Elevator, IEC LIFTS, IFE Elevators CO. Ltd., Orient Elevators, Expert Lift Ltd., Liftronic, Brilliant Lifts Australia, Orbitz Elevators, Yusaki Elevator, Blue Star Elevators, Omega-Elevators, MAS Industries, Escon Elevators Pvt. Ltd., Sanei Manufacturing Co. Ltd., Vintec Elevator, TK Elevator, Thyssenkrupp AG, GMV Poland, Schmitt + Sohn, United Technologies, Nu-Line, Delta Elevator Co Ltd., AVT Beckett Elevators, True Canadian Elevator, Alphalift Ltd., Arabian Elevators & Engineering Co LLC, Gulf Tech Elevators LLC, Orient Lines Elevators, HAUSLIFT, Logan Davex, Trent Park Engineering

Asia-Pacific was the largest region in the elevator and escalator market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the elevator and escalator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the elevator and escalator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The elevator and escalator market consists of sales of step-type elevators, belt-type elevators, cleat-type elevators, spiral elevators, and vacuums among others. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Elevator and Escalator Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on elevator and escalator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Where is the largest and fastest growing market for elevator and escalator? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The elevator and escalator market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product: Elevators; Escalators; Moving Walkway
2) By Business: New Equipment; Maintenance; Modernization
3) By Elevator Technology: Traction Elevator; Machine Room Less Traction Elevator; Hydraulic
4) By End User: Residential; Commercial; Institutional; Infrastructure; Other End Users
Companies Mentioned: Schindler Group; Otis Worldwide Corporation; Kone Corporation; Hitachi Ltd; Mitsubishi Electric Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.

Product Code: r14765

1. Executive Summary

2. Elevator and Escalator Market Characteristics

3. Elevator and Escalator Market Trends And Strategies

4. Elevator and Escalator Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Elevator and Escalator Market Size and Growth

5.1. Global Elevator and Escalator Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Elevator and Escalator Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Elevator and Escalator Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Elevator and Escalator Market Segmentation

6.1. Global Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Elevators
Escalators
Moving Walkway
6.2. Global Elevator and Escalator Market, Segmentation By Business, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
New Equipment
Maintenance
Modernization
6.3. Global Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Traction Elevator
Machine Room Less Traction Elevator
Hydraulic
6.4. Global Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Residential
Commercial
Institutional
Infrastructure
Other End Users

7. Elevator and Escalator Market Regional And Country Analysis

7.1. Global Elevator and Escalator Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Elevator and Escalator Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Elevator and Escalator Market

8.1. Asia-Pacific Elevator and Escalator Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Elevator and Escalator Market

9.1. China Elevator and Escalator Market Overview
9.2. China Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Elevator and Escalator Market

10.1. India Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Elevator and Escalator Market

11.1. Japan Elevator and Escalator Market Overview
11.2. Japan Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Elevator and Escalator Market

12.1. Australia Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Elevator and Escalator Market

13.1. Indonesia Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Elevator and Escalator Market

14.1. South Korea Elevator and Escalator Market Overview
14.2. South Korea Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Elevator and Escalator Market

15.1. Western Europe Elevator and Escalator Market Overview
15.2. Western Europe Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Elevator and Escalator Market

16.1. UK Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Elevator and Escalator Market

17.1. Germany Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Elevator and Escalator Market

18.1. France Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Elevator and Escalator Market

19.1. Italy Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Elevator and Escalator Market

20.1. Spain Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Elevator and Escalator Market

21.1. Eastern Europe Elevator and Escalator Market Overview
21.2. Eastern Europe Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Elevator and Escalator Market

22.1. Russia Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Elevator and Escalator Market

23.1. North America Elevator and Escalator Market Overview
23.2. North America Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Elevator and Escalator Market

24.1. USA Elevator and Escalator Market Overview
24.2. USA Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Elevator and Escalator Market

25.1. Canada Elevator and Escalator Market Overview
25.2. Canada Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Elevator and Escalator Market

26.1. South America Elevator and Escalator Market Overview
26.2. South America Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Elevator and Escalator Market

27.1. Brazil Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Elevator and Escalator Market

28.1. Middle East Elevator and Escalator Market Overview
28.2. Middle East Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Elevator and Escalator Market

29.1. Africa Elevator and Escalator Market Overview
29.2. Africa Elevator and Escalator Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Elevator and Escalator Market, Segmentation By Elevator Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Elevator and Escalator Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Elevator and Escalator Market Competitive Landscape And Company Profiles

30.1. Elevator and Escalator Market Competitive Landscape
30.2. Elevator and Escalator Market Company Profiles
- 30.2.1. Schindler Group
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Otis Worldwide Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Kone Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Hitachi Ltd
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Mitsubishi Electric Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Elevator and Escalator Market Other Major And Innovative Companies

31.1. Toshiba Corporation
31.2. Fijutec Co. Ltd
31.3. Hyundai Elevator Ltd
31.4. Canny Elevator Co. Ltd.
31.5. WINONE Elevator Co. Ltd
31.6. Symax Lift (China) Co. Ltd
31.7. Nantong Fuji Elevator Co. Ltd
31.8. Volkslift
31.9. Ningbo Hosting Elevator Co. Ltd
31.10. General Elevator Co. Ltd
31.11. SAIL Intelligent Elevator (Suzhou) Co. Ltd
31.12. Huzhou Fuji Elevator Co. Ltd
31.13. Suzhou Towards Elevator Co. Ltd
31.14. SEPL India Ltd
31.15. Orbis Elevator

32. Global Elevator and Escalator Market Competitive Benchmarking

33. Global Elevator and Escalator Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Elevator and Escalator Market

35. Elevator and Escalator Market Future Outlook and Potential Analysis

35.1 Elevator and Escalator Market In 2028 - Countries Offering Most New Opportunities
35.2 Elevator and Escalator Market In 2028 - Segments Offering Most New Opportunities
35.3 Elevator and Escalator Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer