Elevators And Escalators Market Size, Share, Opportunities, And Trends By Technology (Hydraulic, Traction, Machine-Room-Less), By End User (Residential Sector, Commercial Sector, Industrial Sector), And Geography - Forecasts From 2025 To 2030
- Published : Jun 2025
- Report Code : KSI061611995
- Pages : 146
Elevators And Escalators Market Size:
The Elevators And Escalators Market is anticipated to surge from USD 102.467 billion in 2025 to USD 137.253 billion by 2030, driven by a 6.02% CAGR.
Elevators and Escalators provide speedy process and continence travelling around the building which is considered one of the reasons for their high adoption around the globe.
Rapid urbanization and increasing investment in the construction sector are other key factors augmenting the growth of the market. Rapid growing geriatric population and technological advancements in smart elevators and escalators will also fuel the market growth. However, high installation and maintenance cost remains a key challenge.
Elevators And Escalators Market Drivers:
- Growing geriatric population
- Increasing investment in the construction sector
Elevators And Escalators Market Restraints:
- High installation and maintenance cost
Major industry players profiled as part of the report are Schindler Holding Ltd., Kone Corporation, Mitsubishi Electric Corporation, Toshiba Corporation, and United Technologies among others.
Segmentation
The elevators and escalators market has been analyzed through the following segments:
By Technology
- Hydraulic
- Traction
- Machine-Room-Less
By End User
- Residential Sector
- Commercial Sector
- Industrial Sector
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Others
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Access Control Market: Size, Share, Trends, Forecast 2025-2030 | Apr 2025 | |
HVAC Insulation Market: Size, Share, Trends, Forecast 2025 - 2030 | May 2025 | |
Smart Water Meter Market Size, Share, Trends, Forecast 2025-2030 | May 2025 | |
Wood Pellet Market Insights: Size, Share, Trends, Forecast 2030 | Feb 2025 | |
Waste to Energy Market Size & Forecast 2025-2030 | Free Sample | Dec 2024 |