Elevator Market, Global Outlook and Forecast 2023-2029

Report ID: MMG43271 | Category: Machinery & Equipment | Pages: 127 | Format: PDF | Published Date: February 21,2023

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Report Summary

An Elevator, also called Lift in British English, is a type of transport equipment that efficiently carries passengers or freight between the levels of multistory building. Most modern elevators are propelled by electric motors, with the aid of a counterweight, through a system of cables and sheaves (pulleys). By opening the way to higher buildings, the elevator played a decisive role in creating the characteristic urban geography of many modern cities, especially in the United States, and promises to fill an indispensable role in future city development.

In generally, elevators include the escalators and the moving walkways. An escalator is a moving staircase used as transportation between floors or levels in subways, buildings, and other mass pedestrian areas. A moving walkway or moving sidewalk, travellator, is a slow moving conveyor mechanism that transports passengers across a horizontal or inclined plane over a short to medium distance. The different between the escalator and the moving walkway is the former has stairs and the latter is a flat or slant apron without stairs.
This report aims to provide a comprehensive presentation of the global market for Elevator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elevator. This report contains market size and forecasts of Elevator in global, including the following market information:
Global Elevator Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Elevator Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Elevator companies in 2022 (%)
The global Elevator market was valued at US$ 40660 million in 2022 and is projected to reach US$ 44930 million by 2029, at a CAGR of 1.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global elevator market include Otis, Schindler, ThyssenKrupp, etc. The top 3 players occupy about 45% shares of the global market. China and Europe are main markets, they occupy about 80% of the global market. Elevator is the main type, with a share about 80%. Residential area is the main application, which holds a share about 60%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Elevator manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Elevator Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Elevator Market Segment Percentages, by Type, 2022 (%)
    Elevator
    Escalator
    Moving Walkway
Global Elevator Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Elevator Market Segment Percentages, by Application, 2022 (%)
    Residential Area
    Commercial Office
    Transportation Hub
    Industrial Area
Global Elevator Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Elevator Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Elevator revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Elevator revenues share in global market, 2022 (%)
Key companies Elevator sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Elevator sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Otis
    Kone
    Schindler
    Mitsubishi Electric
    TK Elevator
    Hitachi
    Toshiba
    Hyundai
    Hangzhou XiOlift
    Fujitec
    Yungtay Engineering
    Canny Elevator
    Volkslift
    Guangri Elevator
    SJEC
    Edunburgh Elevator
    IFE Elevators
    Meilun Elevator
    Suzhou Diao
    CNYD
    Syney Electric
    Dongnan Elevator
Outline of Major Chapters:
Chapter 1: Introduces the definition of Elevator, market overview.
Chapter 2: Global Elevator market size in revenue and volume.
Chapter 3: Detailed analysis of Elevator manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Elevator in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Elevator capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Elevator Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Elevator Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Elevator Overall Market Size
    2.1 Global Elevator Market Size: 2022 VS 2029
    2.2 Global Elevator Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Elevator Sales: 2018-2029
3 Company Landscape
    3.1 Top Elevator Players in Global Market
    3.2 Top Global Elevator Companies Ranked by Revenue
    3.3 Global Elevator Revenue by Companies
    3.4 Global Elevator Sales by Companies
    3.5 Global Elevator Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Elevator Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Elevator Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Elevator Players in Global Market
        3.8.1 List of Global Tier 1 Elevator Companies
        3.8.2 List of Global Tier 2 and Tier 3 Elevator Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Elevator Market Size Markets, 2022 & 2029
        4.1.2 Elevator
        4.1.3 Escalator
        4.1.4 Moving Walkway
    4.2 By Type - Global Elevator Revenue & Forecasts
        4.2.1 By Type - Global Elevator Revenue, 2018-2023
        4.2.2 By Type - Global Elevator Revenue, 2024-2029
        4.2.3 By Type - Global Elevator Revenue Market Share, 2018-2029
    4.3 By Type - Global Elevator Sales & Forecasts
        4.3.1 By Type - Global Elevator Sales, 2018-2023
        4.3.2 By Type - Global Elevator Sales, 2024-2029
        4.3.3 By Type - Global Elevator Sales Market Share, 2018-2029
    4.4 By Type - Global Elevator Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Elevator Market Size, 2022 & 2029
        5.1.2 Residential Area
        5.1.3 Commercial Office
        5.1.4 Transportation Hub
        5.1.5 Industrial Area
    5.2 By Application - Global Elevator Revenue & Forecasts
        5.2.1 By Application - Global Elevator Revenue, 2018-2023
        5.2.2 By Application - Global Elevator Revenue, 2024-2029
        5.2.3 By Application - Global Elevator Revenue Market Share, 2018-2029
    5.3 By Application - Global Elevator Sales & Forecasts
        5.3.1 By Application - Global Elevator Sales, 2018-2023
        5.3.2 By Application - Global Elevator Sales, 2024-2029
        5.3.3 By Application - Global Elevator Sales Market Share, 2018-2029
    5.4 By Application - Global Elevator Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Elevator Market Size, 2022 & 2029
    6.2 By Region - Global Elevator Revenue & Forecasts
        6.2.1 By Region - Global Elevator Revenue, 2018-2023
        6.2.2 By Region - Global Elevator Revenue, 2024-2029
        6.2.3 By Region - Global Elevator Revenue Market Share, 2018-2029
    6.3 By Region - Global Elevator Sales & Forecasts
        6.3.1 By Region - Global Elevator Sales, 2018-2023
        6.3.2 By Region - Global Elevator Sales, 2024-2029
        6.3.3 By Region - Global Elevator Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Elevator Revenue, 2018-2029
        6.4.2 By Country - North America Elevator Sales, 2018-2029
        6.4.3 US Elevator Market Size, 2018-2029
        6.4.4 Canada Elevator Market Size, 2018-2029
        6.4.5 Mexico Elevator Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Elevator Revenue, 2018-2029
        6.5.2 By Country - Europe Elevator Sales, 2018-2029
        6.5.3 Germany Elevator Market Size, 2018-2029
        6.5.4 France Elevator Market Size, 2018-2029
        6.5.5 U.K. Elevator Market Size, 2018-2029
        6.5.6 Italy Elevator Market Size, 2018-2029
        6.5.7 Russia Elevator Market Size, 2018-2029
        6.5.8 Nordic Countries Elevator Market Size, 2018-2029
        6.5.9 Benelux Elevator Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Elevator Revenue, 2018-2029
        6.6.2 By Region - Asia Elevator Sales, 2018-2029
        6.6.3 China Elevator Market Size, 2018-2029
        6.6.4 Japan Elevator Market Size, 2018-2029
        6.6.5 South Korea Elevator Market Size, 2018-2029
        6.6.6 Southeast Asia Elevator Market Size, 2018-2029
        6.6.7 India Elevator Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Elevator Revenue, 2018-2029
        6.7.2 By Country - South America Elevator Sales, 2018-2029
        6.7.3 Brazil Elevator Market Size, 2018-2029
        6.7.4 Argentina Elevator Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Elevator Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Elevator Sales, 2018-2029
        6.8.3 Turkey Elevator Market Size, 2018-2029
        6.8.4 Israel Elevator Market Size, 2018-2029
        6.8.5 Saudi Arabia Elevator Market Size, 2018-2029
        6.8.6 UAE Elevator Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Otis
        7.1.1 Otis Company Summary
        7.1.2 Otis Business Overview
        7.1.3 Otis Elevator Major Product Offerings
        7.1.4 Otis Elevator Sales and Revenue in Global (2018-2023)
        7.1.5 Otis Key News & Latest Developments
    7.2 Kone
        7.2.1 Kone Company Summary
        7.2.2 Kone Business Overview
        7.2.3 Kone Elevator Major Product Offerings
        7.2.4 Kone Elevator Sales and Revenue in Global (2018-2023)
        7.2.5 Kone Key News & Latest Developments
    7.3 Schindler
        7.3.1 Schindler Company Summary
        7.3.2 Schindler Business Overview
        7.3.3 Schindler Elevator Major Product Offerings
        7.3.4 Schindler Elevator Sales and Revenue in Global (2018-2023)
        7.3.5 Schindler Key News & Latest Developments
    7.4 Mitsubishi Electric
        7.4.1 Mitsubishi Electric Company Summary
        7.4.2 Mitsubishi Electric Business Overview
        7.4.3 Mitsubishi Electric Elevator Major Product Offerings
        7.4.4 Mitsubishi Electric Elevator Sales and Revenue in Global (2018-2023)
        7.4.5 Mitsubishi Electric Key News & Latest Developments
    7.5 TK Elevator
        7.5.1 TK Elevator Company Summary
        7.5.2 TK Elevator Business Overview
        7.5.3 TK Elevator Elevator Major Product Offerings
        7.5.4 TK Elevator Elevator Sales and Revenue in Global (2018-2023)
        7.5.5 TK Elevator Key News & Latest Developments
    7.6 Hitachi
        7.6.1 Hitachi Company Summary
        7.6.2 Hitachi Business Overview
        7.6.3 Hitachi Elevator Major Product Offerings
        7.6.4 Hitachi Elevator Sales and Revenue in Global (2018-2023)
        7.6.5 Hitachi Key News & Latest Developments
    7.7 Toshiba
        7.7.1 Toshiba Company Summary
        7.7.2 Toshiba Business Overview
        7.7.3 Toshiba Elevator Major Product Offerings
        7.7.4 Toshiba Elevator Sales and Revenue in Global (2018-2023)
        7.7.5 Toshiba Key News & Latest Developments
    7.8 Hyundai
        7.8.1 Hyundai Company Summary
        7.8.2 Hyundai Business Overview
        7.8.3 Hyundai Elevator Major Product Offerings
        7.8.4 Hyundai Elevator Sales and Revenue in Global (2018-2023)
        7.8.5 Hyundai Key News & Latest Developments
    7.9 Hangzhou XiOlift
        7.9.1 Hangzhou XiOlift Company Summary
        7.9.2 Hangzhou XiOlift Business Overview
        7.9.3 Hangzhou XiOlift Elevator Major Product Offerings
        7.9.4 Hangzhou XiOlift Elevator Sales and Revenue in Global (2018-2023)
        7.9.5 Hangzhou XiOlift Key News & Latest Developments
    7.10 Fujitec
        7.10.1 Fujitec Company Summary
        7.10.2 Fujitec Business Overview
        7.10.3 Fujitec Elevator Major Product Offerings
        7.10.4 Fujitec Elevator Sales and Revenue in Global (2018-2023)
        7.10.5 Fujitec Key News & Latest Developments
    7.11 Yungtay Engineering
        7.11.1 Yungtay Engineering Company Summary
        7.11.2 Yungtay Engineering Elevator Business Overview
        7.11.3 Yungtay Engineering Elevator Major Product Offerings
        7.11.4 Yungtay Engineering Elevator Sales and Revenue in Global (2018-2023)
        7.11.5 Yungtay Engineering Key News & Latest Developments
    7.12 Canny Elevator
        7.12.1 Canny Elevator Company Summary
        7.12.2 Canny Elevator Elevator Business Overview
        7.12.3 Canny Elevator Elevator Major Product Offerings
        7.12.4 Canny Elevator Elevator Sales and Revenue in Global (2018-2023)
        7.12.5 Canny Elevator Key News & Latest Developments
    7.13 Volkslift
        7.13.1 Volkslift Company Summary
        7.13.2 Volkslift Elevator Business Overview
        7.13.3 Volkslift Elevator Major Product Offerings
        7.13.4 Volkslift Elevator Sales and Revenue in Global (2018-2023)
        7.13.5 Volkslift Key News & Latest Developments
    7.14 Guangri Elevator
        7.14.1 Guangri Elevator Company Summary
        7.14.2 Guangri Elevator Business Overview
        7.14.3 Guangri Elevator Elevator Major Product Offerings
        7.14.4 Guangri Elevator Elevator Sales and Revenue in Global (2018-2023)
        7.14.5 Guangri Elevator Key News & Latest Developments
    7.15 SJEC
        7.15.1 SJEC Company Summary
        7.15.2 SJEC Business Overview
        7.15.3 SJEC Elevator Major Product Offerings
        7.15.4 SJEC Elevator Sales and Revenue in Global (2018-2023)
        7.15.5 SJEC Key News & Latest Developments
    7.16 Edunburgh Elevator
        7.16.1 Edunburgh Elevator Company Summary
        7.16.2 Edunburgh Elevator Business Overview
        7.16.3 Edunburgh Elevator Elevator Major Product Offerings
        7.16.4 Edunburgh Elevator Elevator Sales and Revenue in Global (2018-2023)
        7.16.5 Edunburgh Elevator Key News & Latest Developments
    7.17 IFE Elevators
        7.17.1 IFE Elevators Company Summary
        7.17.2 IFE Elevators Business Overview
        7.17.3 IFE Elevators Elevator Major Product Offerings
        7.17.4 IFE Elevators Elevator Sales and Revenue in Global (2018-2023)
        7.17.5 IFE Elevators Key News & Latest Developments
    7.18 Meilun Elevator
        7.18.1 Meilun Elevator Company Summary
        7.18.2 Meilun Elevator Business Overview
        7.18.3 Meilun Elevator Elevator Major Product Offerings
        7.18.4 Meilun Elevator Elevator Sales and Revenue in Global (2018-2023)
        7.18.5 Meilun Elevator Key News & Latest Developments
    7.19 Suzhou Diao
        7.19.1 Suzhou Diao Company Summary
        7.19.2 Suzhou Diao Business Overview
        7.19.3 Suzhou Diao Elevator Major Product Offerings
        7.19.4 Suzhou Diao Elevator Sales and Revenue in Global (2018-2023)
        7.19.5 Suzhou Diao Key News & Latest Developments
    7.20 CNYD
        7.20.1 CNYD Company Summary
        7.20.2 CNYD Business Overview
        7.20.3 CNYD Elevator Major Product Offerings
        7.20.4 CNYD Elevator Sales and Revenue in Global (2018-2023)
        7.20.5 CNYD Key News & Latest Developments
    7.21 Syney Electric
        7.21.1 Syney Electric Company Summary
        7.21.2 Syney Electric Business Overview
        7.21.3 Syney Electric Elevator Major Product Offerings
        7.21.4 Syney Electric Elevator Sales and Revenue in Global (2018-2023)
        7.21.5 Syney Electric Key News & Latest Developments
    7.22 Dongnan Elevator
        7.22.1 Dongnan Elevator Company Summary
        7.22.2 Dongnan Elevator Business Overview
        7.22.3 Dongnan Elevator Elevator Major Product Offerings
        7.22.4 Dongnan Elevator Elevator Sales and Revenue in Global (2018-2023)
        7.22.5 Dongnan Elevator Key News & Latest Developments
8 Global Elevator Production Capacity, Analysis
    8.1 Global Elevator Production Capacity, 2018-2029
    8.2 Elevator Production Capacity of Key Manufacturers in Global Market
    8.3 Global Elevator Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Elevator Supply Chain Analysis
    10.1 Elevator Industry Value Chain
    10.2 Elevator Upstream Market
    10.3 Elevator Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Elevator Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Elevator Market, Global Outlook and Forecast 2023-2029

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