Global Elevators and Escalators Market Growth 2022-2028

SKU ID : LPI-19929795 | Publishing Date : 14-Jan-2022

As the global economy mends, the 2021 growth of Elevators and Escalators will have significant change from previous year. According to our (LP Information) latest study, the global Elevators and Escalators market size is USD million in 2022 from USD 33060 million in 2021, with a change of % between 2021 and 2022. The global Elevators and Escalators market size will reach USD 38470 million in 2028, growing at a CAGR of 2.2% over the analysis period.
The United States Elevators and Escalators market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Elevators and Escalators market, reaching US$ million by the year 2028. As for the Europe Elevators and Escalators landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Elevators and Escalators players cover Kone Corporation, Otis Elevator Company, Thyssenkrupp AG, and Schindler Group, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Elevators and Escalators market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Elevators
Escalators
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Residential
Commercial
Industrial
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Kone Corporation
Otis Elevator Company
Thyssenkrupp AG
Schindler Group
Hitachi, Ltd.
Fujitec
Toshiba Elevators and Building Systems Corporation
Mitsubishi Electric Corporation
SJEC Corporation
Hyundai Elevator
Kleeman Hellas SA
Canny Elevator

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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