Elevator and Escalator Market Synopsis

The Elevator and Escalator Are Expected To Grow Significantly, And The Forecast Period Is 2023-2030, Considering The Base Year As 2022.

An elevator is a sort of lift for rooms that may carry several people at once. It is utilized to transport people up and down between floors of a building. In contrast, escalators act as moving steps that transport passengers between a building's various floors. Patient data, luggage, etc. considered to be inter-floor transporters placed and used in commercial infrastructures, residential structures, and industrial settings, such as elevators, escalators, and associated moving walkways. The research report offers comprehensive insights into how sales are divided among product segments for new installations in newly constructed infrastructure projects, replacement or repaired products as part of maintenance activities, or the replacement of outdated solutions with cutting-edge technology under modernization operations.

The first passenger elevator was built in New York in 1857, but it was abandoned three years later after a rocky start. People were hesitant to use elevators as a mode of transportation at the time since they were only seen as a piece of industrial equipment. However, the introduction of high-rise structures and contemporary cities completely altered the elevator sector. Over 18 million elevators and escalators are now in use worldwide.

Elevator and escalator markets are expanding as a result of increased investment in residential and commercial infrastructure projects in both developing and developed economies. It is anticipated that the product will develop as more of the largest and tallest commercial structures are constructed in various regions. For instance, some of the urban projects to which manufacturers are keen to contribute are White Magnolia Tower, Raffles City, Xujiahui Center, One Manhattan West, and Lakhta Center. Additionally, it is anticipated that the market would develop as a consequence of manufacturers putting more emphasis on providing products with greater safety. 

According to Statista, the above graph shows that the continuous increase in the total number of elevators and escalators in operation around the world indicates the ongoing urbanization and development of infrastructure in various regions. As of 2022, with over 20 million elevators and escalators in operation, it is evident that these vertical transportation systems have become an essential part of modern life, especially in densely populated urban areas.

The Elevator and Escalator Market Trend Analysis

Increasing Infrastructure Investment

Market expansion is anticipated as a result of developing economies' rising infrastructure spending. The UNCTAD Trade and Development study also examines more than 40 developing nations, focusing on infrastructural developments. As a result, new government initiatives from a variety of developing countries to boost their economies are projected to result in the construction of bridges, dams, and urban infrastructure growth, including highways, schools, ports, and airports, which is then anticipated to boost the market. India, for example, intends to spend USD 1.4 trillion on infrastructure over the next five years.

Additionally, the growth of smart cities is anticipated to propel the market. For instance, according to the Policy Forum, China invested around USD 30.4 billion in smart cities in 2018 and is projected to invest more than USD 59.9 billion by 2023. Additionally, the market is expanding as a result of the strong demand for high-speed elevators brought on by the expansion of skyscraper buildings. For instance, the 644-meter-tall Merdeka PNB 118 skyscraper that is being built in Malaysia. The highest structure in Southeast Asia is anticipated to be this tower.

Adoption of Green Building Guidelines and Energy-Saving Products

Growing environmental concerns have led to an increased demand for sustainable and eco-friendly products, particularly in the construction industry. Consumers now seek value-added green building materials for elevators, escalators, and moving walkways. These environmentally friendly materials not only contribute to reducing emissions but also help conserve energy, making them an essential aspect of attaining sustainability and environmental conservation.

Urban Hub, an interactive platform focusing on the future of smart cities and mobility, predicts a significant rise in global energy demand by 20%-35% over the next 15 years, with cities accounting for about two-thirds of this consumption. Buildings, by 2030, are expected to be the largest consumer sector, responsible for approximately 31% of the world's energy consumption. Notably, elevators and escalators are identified as significant energy consumers within buildings, accounting for 2%-5% of energy use and potentially reaching 50% during peak operational times. Emphasizing the adoption of green building materials in this sector can play a crucial role in reducing overall energy consumption and promoting sustainability.

To address these challenges, rating systems like Building Research Establishment's Environmental Assessment Method (BREEAM) and Leadership in Energy and Environmental Design (LEED) have been introduced. These systems monitor building specifications, design, construction, and usage to encourage clients, designers, and stakeholders to prioritize low-impact design and minimize carbon emissions. By promoting such practices, these rating systems aim to decrease the energy demand generated by buildings and foster a more sustainable built environment.

Segmentation Analysis of the Elevator and Escalator Market

Elevator and Escalator market segments cover the Product, business, and application. By Product, the Escalators segment is anticipated to dominate the Market over the Forecast period.

The market's fastest-growing category is anticipated to be escalators. The increased demand from commercial infrastructures, such as shopping centers, business parks, and others, is to blame for this. Additionally, the need for escalators and moving walkways is increasing as a result of the expanding aircraft infrastructure development. For instance, the $775 million redevelopment of Stansted Airport in the United Kingdom is anticipated to be finished by 2021. Furthermore, due to their widespread market penetration, the need for elevators is anticipated to expand steadily.

The escalator market is projected to be the fastest-growing category due to several factors. With the rapid urbanization and increasing construction of high-rise buildings in emerging economies, the demand for vertical transportation solutions is surging. Escalators offer a convenient and efficient way to move large numbers of people between different floors, making them a popular choice in malls, airports, and public transport hubs. Additionally, advancements in technology have led to energy-efficient and safer escalator models, further driving their adoption. As cities expand, the need for efficient transportation systems escalates, positioning escalators as a pivotal component in modern urban infrastructure, contributing to their remarkable growth in the market.

Regional Analysis of the Elevator and Escalator Market

Asia Pacific is expected to dominate the Market over the Forecast period.

The increasing demand from China and India is driving the market in the Asia Pacific region. Some of the driving forces behind the market include the simple accessibility of raw resources, low cost of labor, and a relatively strict regulatory structure in these emerging nations. China, India, and Japan are the three most important markets in the Asia Pacific, whereas the US is the biggest market in North America. The market for elevators and escalators in APAC is anticipated to be driven by the expanding use of these devices in the region's infrastructure, commercial, and residential sectors. During the forecast period, industrialization, a growing middle-class population, increasing disposable income, and shifting lifestyles are anticipated to fuel demand for elevators and escalators.

According to Statista, Due to the building industry's continued growth, it is anticipated that the global market for elevators would surpass 183 billion US dollars by 2026. China accounts for two-thirds of new installations globally, and the Asia-Pacific market has seen the strongest growth. Growth is mostly being driven by the region's rapid urbanization and preference for tall structures.

COVID-19 Impact Analysis on the Elevator and Escalator Market

A difficult and unprecedented global health disaster was caused by the COVID-19 epidemic. As a precaution, the majority of the major economies enforced a severe and sudden nationwide lockdown that restricted the region's financial activity. The labor-intensive and extremely unstable construction sector was severely impacted by the abrupt closure. This aspect also slowed down modernization and new building, which hindered sales and the growth of the global market. Reduced financial liquidity, uncertainty around public investments, and a gloomy outlook among established potential investors all contributed to a slowdown in market expansion. The manufacturing ecosystem's supply chain has been completely disrupted, and as a result, the market has degraded throughout many different locations. A temporary prohibition was required by numerous federal governments.

Top Key Players Covered in the Elevator and Escalator Market

• United Technologies (U.S.)
• Schindler (Switzerland)
• KONE CORPORATION (Finland)
• Hitachi, Ltd. (Japan)
• HYUNDAIELEVATOR CO., LTD. (South Korea)
• Mitsubishi Electric Corporation(Japan)
• Johnson Elevator Co., Ltd. (China)
• FUJITEC CO., LTD (Japan)
• Toshiba Corporation (Japan)
• Schindler Management Ltd. (Switzerland)
• ThyssenKrup AG (Germany)
• Sigma elevator company (Thailand)
• Electra Ltd (Israel)
• Gulf Elevator & Escalator Co, Ltd (Japan)
• Otis Elevator Company (US), and Other Major Players.

Key Industry Developments in the Elevator and Escalator Market

In July 2021, a cutting-edge elevator solution has been developed by Hitachi Elevator Asia Pte. Ltd. (Hitachi Elevator Asia), a division of Hitachi Ltd. After the COVID-19 epidemic, this solution offers a safer and more hygienic elevator system that may be used to meet safety requirements. The business has created touchless lift solutions that can be used to traverse lifts on several floors using a touchless button, as well as a mobile access system that enables qualified phones to operate the elevator from a distance using a mobile phone.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. CONNECTED BUILDING MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. CONNECTED BUILDING MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. CONNECTED BUILDING MARKET COMPETITIVE RIVALRY
TABLE 005. CONNECTED BUILDING MARKET THREAT OF NEW ENTRANTS
TABLE 006. CONNECTED BUILDING MARKET THREAT OF SUBSTITUTES
TABLE 007. CONNECTED BUILDING MARKET BY PLATFORM
TABLE 008. DEVICE MARKET OVERVIEW (2016-2030)
TABLE 009. CONNECTIVITY MARKET OVERVIEW (2016-2030)
TABLE 010. APPLICATION MANAGEMENT MARKET OVERVIEW (2016-2030)
TABLE 011. CONNECTED BUILDING MARKET BY SERVICE
TABLE 012. BUSINESS PROCESS MANAGEMENT MARKET OVERVIEW (2016-2030)
TABLE 013. CUSTOMER ENGAGEMENT MARKET OVERVIEW (2016-2030)
TABLE 014. MAINTENANCE AND SUPPORT MARKET OVERVIEW (2016-2030)
TABLE 015. DEPLOYMENT AND INTEGRATION SERVICES MARKET OVERVIEW (2016-2030)
TABLE 016. CONNECTED BUILDING MARKET BY APPLICATION
TABLE 017. COMMERCIAL MARKET OVERVIEW (2016-2030)
TABLE 018. RESIDENTIAL MARKET OVERVIEW (2016-2030)
TABLE 019. NORTH AMERICA CONNECTED BUILDING MARKET, BY PLATFORM (2016-2030)
TABLE 020. NORTH AMERICA CONNECTED BUILDING MARKET, BY SERVICE (2016-2030)
TABLE 021. NORTH AMERICA CONNECTED BUILDING MARKET, BY APPLICATION (2016-2030)
TABLE 022. N CONNECTED BUILDING MARKET, BY COUNTRY (2016-2030)
TABLE 023. EASTERN EUROPE CONNECTED BUILDING MARKET, BY PLATFORM (2016-2030)
TABLE 024. EASTERN EUROPE CONNECTED BUILDING MARKET, BY SERVICE (2016-2030)
TABLE 025. EASTERN EUROPE CONNECTED BUILDING MARKET, BY APPLICATION (2016-2030)
TABLE 026. CONNECTED BUILDING MARKET, BY COUNTRY (2016-2030)
TABLE 027. WESTERN EUROPE CONNECTED BUILDING MARKET, BY PLATFORM (2016-2030)
TABLE 028. WESTERN EUROPE CONNECTED BUILDING MARKET, BY SERVICE (2016-2030)
TABLE 029. WESTERN EUROPE CONNECTED BUILDING MARKET, BY APPLICATION (2016-2030)
TABLE 030. CONNECTED BUILDING MARKET, BY COUNTRY (2016-2030)
TABLE 031. ASIA PACIFIC CONNECTED BUILDING MARKET, BY PLATFORM (2016-2030)
TABLE 032. ASIA PACIFIC CONNECTED BUILDING MARKET, BY SERVICE (2016-2030)
TABLE 033. ASIA PACIFIC CONNECTED BUILDING MARKET, BY APPLICATION (2016-2030)
TABLE 034. CONNECTED BUILDING MARKET, BY COUNTRY (2016-2030)
TABLE 035. MIDDLE EAST & AFRICA CONNECTED BUILDING MARKET, BY PLATFORM (2016-2030)
TABLE 036. MIDDLE EAST & AFRICA CONNECTED BUILDING MARKET, BY SERVICE (2016-2030)
TABLE 037. MIDDLE EAST & AFRICA CONNECTED BUILDING MARKET, BY APPLICATION (2016-2030)
TABLE 038. CONNECTED BUILDING MARKET, BY COUNTRY (2016-2030)
TABLE 039. SOUTH AMERICA CONNECTED BUILDING MARKET, BY PLATFORM (2016-2030)
TABLE 040. SOUTH AMERICA CONNECTED BUILDING MARKET, BY SERVICE (2016-2030)
TABLE 041. SOUTH AMERICA CONNECTED BUILDING MARKET, BY APPLICATION (2016-2030)
TABLE 042. CONNECTED BUILDING MARKET, BY COUNTRY (2016-2030)
TABLE 043. ROCKWELL AUTOMATION: SNAPSHOT
TABLE 044. ROCKWELL AUTOMATION: BUSINESS PERFORMANCE
TABLE 045. ROCKWELL AUTOMATION: PRODUCT PORTFOLIO
TABLE 046. ROCKWELL AUTOMATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. INC. (US): SNAPSHOT
TABLE 047. INC. (US): BUSINESS PERFORMANCE
TABLE 048. INC. (US): PRODUCT PORTFOLIO
TABLE 049. INC. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. JACOBS (US): SNAPSHOT
TABLE 050. JACOBS (US): BUSINESS PERFORMANCE
TABLE 051. JACOBS (US): PRODUCT PORTFOLIO
TABLE 052. JACOBS (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. TECH MAHINDRA LIMITED (INDIA): SNAPSHOT
TABLE 053. TECH MAHINDRA LIMITED (INDIA): BUSINESS PERFORMANCE
TABLE 054. TECH MAHINDRA LIMITED (INDIA): PRODUCT PORTFOLIO
TABLE 055. TECH MAHINDRA LIMITED (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. INFOSYS LIMITED (INDIA): SNAPSHOT
TABLE 056. INFOSYS LIMITED (INDIA): BUSINESS PERFORMANCE
TABLE 057. INFOSYS LIMITED (INDIA): PRODUCT PORTFOLIO
TABLE 058. INFOSYS LIMITED (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. CAPGEMINI SERVICE SAS (FRANCE): SNAPSHOT
TABLE 059. CAPGEMINI SERVICE SAS (FRANCE): BUSINESS PERFORMANCE
TABLE 060. CAPGEMINI SERVICE SAS (FRANCE): PRODUCT PORTFOLIO
TABLE 061. CAPGEMINI SERVICE SAS (FRANCE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. FUJITSU (JAPAN): SNAPSHOT
TABLE 062. FUJITSU (JAPAN): BUSINESS PERFORMANCE
TABLE 063. FUJITSU (JAPAN): PRODUCT PORTFOLIO
TABLE 064. FUJITSU (JAPAN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. BAIN & COMPANY (US): SNAPSHOT
TABLE 065. BAIN & COMPANY (US): BUSINESS PERFORMANCE
TABLE 066. BAIN & COMPANY (US): PRODUCT PORTFOLIO
TABLE 067. BAIN & COMPANY (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. GENERAL ELECTRIC (US): SNAPSHOT
TABLE 068. GENERAL ELECTRIC (US): BUSINESS PERFORMANCE
TABLE 069. GENERAL ELECTRIC (US): PRODUCT PORTFOLIO
TABLE 070. GENERAL ELECTRIC (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. CONSTELLATION RESEARCH INC. (US): SNAPSHOT
TABLE 071. CONSTELLATION RESEARCH INC. (US): BUSINESS PERFORMANCE
TABLE 072. CONSTELLATION RESEARCH INC. (US): PRODUCT PORTFOLIO
TABLE 073. CONSTELLATION RESEARCH INC. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. ENGHOUSE INTERACTIVE (US): SNAPSHOT
TABLE 074. ENGHOUSE INTERACTIVE (US): BUSINESS PERFORMANCE
TABLE 075. ENGHOUSE INTERACTIVE (US): PRODUCT PORTFOLIO
TABLE 076. ENGHOUSE INTERACTIVE (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. CBT COMPANY (US): SNAPSHOT
TABLE 077. CBT COMPANY (US): BUSINESS PERFORMANCE
TABLE 078. CBT COMPANY (US): PRODUCT PORTFOLIO
TABLE 079. CBT COMPANY (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. WIPRO LIMITED (INDIA): SNAPSHOT
TABLE 080. WIPRO LIMITED (INDIA): BUSINESS PERFORMANCE
TABLE 081. WIPRO LIMITED (INDIA): PRODUCT PORTFOLIO
TABLE 082. WIPRO LIMITED (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. BOSCH SOFTWARE INNOVATIONS GMBH (GERMANY): SNAPSHOT
TABLE 083. BOSCH SOFTWARE INNOVATIONS GMBH (GERMANY): BUSINESS PERFORMANCE
TABLE 084. BOSCH SOFTWARE INNOVATIONS GMBH (GERMANY): PRODUCT PORTFOLIO
TABLE 085. BOSCH SOFTWARE INNOVATIONS GMBH (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. INTEL CORPORATION (US): SNAPSHOT
TABLE 086. INTEL CORPORATION (US): BUSINESS PERFORMANCE
TABLE 087. INTEL CORPORATION (US): PRODUCT PORTFOLIO
TABLE 088. INTEL CORPORATION (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. IBM CORPORATION (US): SNAPSHOT
TABLE 089. IBM CORPORATION (US): BUSINESS PERFORMANCE
TABLE 090. IBM CORPORATION (US): PRODUCT PORTFOLIO
TABLE 091. IBM CORPORATION (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. OTHER MAJOR PLAYERS.: SNAPSHOT
TABLE 092. OTHER MAJOR PLAYERS.: BUSINESS PERFORMANCE
TABLE 093. OTHER MAJOR PLAYERS.: PRODUCT PORTFOLIO
TABLE 094. OTHER MAJOR PLAYERS.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. CONNECTED BUILDING MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. CONNECTED BUILDING MARKET OVERVIEW BY PLATFORM
FIGURE 012. DEVICE MARKET OVERVIEW (2016-2030)
FIGURE 013. CONNECTIVITY MARKET OVERVIEW (2016-2030)
FIGURE 014. APPLICATION MANAGEMENT MARKET OVERVIEW (2016-2030)
FIGURE 015. CONNECTED BUILDING MARKET OVERVIEW BY SERVICE
FIGURE 016. BUSINESS PROCESS MANAGEMENT MARKET OVERVIEW (2016-2030)
FIGURE 017. CUSTOMER ENGAGEMENT MARKET OVERVIEW (2016-2030)
FIGURE 018. MAINTENANCE AND SUPPORT MARKET OVERVIEW (2016-2030)
FIGURE 019. DEPLOYMENT AND INTEGRATION SERVICES MARKET OVERVIEW (2016-2030)
FIGURE 020. CONNECTED BUILDING MARKET OVERVIEW BY APPLICATION
FIGURE 021. COMMERCIAL MARKET OVERVIEW (2016-2030)
FIGURE 022. RESIDENTIAL MARKET OVERVIEW (2016-2030)
FIGURE 023. NORTH AMERICA CONNECTED BUILDING MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 024. EASTERN EUROPE CONNECTED BUILDING MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 025. WESTERN EUROPE CONNECTED BUILDING MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 026. ASIA PACIFIC CONNECTED BUILDING MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 027. MIDDLE EAST & AFRICA CONNECTED BUILDING MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 028. SOUTH AMERICA CONNECTED BUILDING MARKET OVERVIEW BY COUNTRY (2016-2030)

TABLE OF CONTENT

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. ANALYSIS OF THE IMPACT OF COVID-19
       1. Impact On The Overall Market
       2. Impact On The Supply Chain
       3. Impact On The Key Manufacturers
       4. Impact On The Pricing
       5. Post COVID Situation
   11. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   12. ECOSYSTEM
6. ELEVATOR AND ESCALATOR MARKET BY PRODUCT (2016-2030)
   1. ELEVATOR AND ESCALATOR MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. ELEVATORS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. ESCALATORS
   5. MOVING WALKWAYS
7. ELEVATOR AND ESCALATOR MARKET BY BUSINESS (2016-2030)
   1. ELEVATOR AND ESCALATOR MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. NEW EQUIPMENT
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. MAINTENANCE
   5. MODERNIZATION
8. ELEVATOR AND ESCALATOR MARKET BY APPLICATION (2016-2030)
   1. ELEVATOR AND ESCALATOR MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. RESIDENTIAL
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. COMMERCIAL
   5. INDUSTRIAL
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. Elevator and Escalator Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. United Technologies (U.S.)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. Schindler (Switzerland)
   4. KONE CORPORATION (Finland)
   5. Hitachi, Ltd. (Japan)
   6. HYUNDAIELEVATOR CO., LTD. (South Korea)
   7. Mitsubishi Electric Corporation (Japan)
   8. Johnson Elevator Co., Ltd. (China)
   9. FUJITEC CO., LTD (Japan)
   10. Toshiba Corporation (Japan)
   11. Schindler Management Ltd. (Switzerland)
   12. ThyssenKrup AG (Germany)
   13. Sigma elevator company (Thailand)
   14. Electra Ltd (Israel)
   15. Gulf Elevator & Escalator Co, Ltd (Japan)
   16. Otis Elevator Company (US)
10. GLOBAL ELEVATOR AND ESCALATOR MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors, And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Product
       5. Historic And Forecasted Market Size By BUSINESS
       6. Historic And Forecasted Market Size By APPLICATION
       7. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors, And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors, And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors, And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors, And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies