The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm),Elevator and Escalator Marketcomprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Elevator and Escalator Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report,Elevator and Escalator Marketsize was valued at around USD 125.5 billion in 2023 & is estimated to grow at a CAGR of around 7.8% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report
Download Report Sample PDF –https://www.marknteladvisors.com/query/request-sample/elevator-and-escalator-market.html
What is Included in Elevator and Escalator MarketSegmentation?
The report has segmented the market into the following categories:
By Type
- Elevator
- Traction- Market Size & Forecast 2019-2030, (Thousand Units)
- Hydraulic- Market Size & Forecast 2019-2030, (Thousand Units)
- Machine Room Less- Market Size & Forecast 2019-2030, (Thousand Units)
- Escalator
- Moving Walkway- Market Size & Forecast 2019-2030, (Thousand Units)
- Moving Stairs- Market Size & Forecast 2019-2030, (Thousand Units)
By Service
- New Installation- Market Size & Forecast 2019-2030, (Thousand Units)
- Modernization- Market Size & Forecast 2019-2030, (USD Million)
- Maintenance- Market Size & Forecast 2019-2030, (USD Million)
By Application
- Residential- Market Size & Forecast 2019-2030, (Thousand Units)
- Commercial- Market Size & Forecast 2019-2030, (Thousand Units)
- Industrial- Market Size & Forecast 2019-2030, (Thousand Units)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
(“Kindly use your official email ID for all correspondence to ensure seamless engagement and access to exclusive benefits, along with prioritized support from our sales team.”)
Access the Complete Report for An In-Depth Analysis–https://www.marknteladvisors.com/research-library/elevator-and-escalator-market.html
Key Factor Driver Elevator and Escalator Industry Growth by 2030
Increasing Investment in Construction Projects –The global elevator and escalator market is set to grow due to the rising construction of new residential and commercial properties in both developing and developed economies. Infrastructure-related projects are being invested in by over 40 developing countries, as per the UNCTAD Trade report. Additionally, numerous government initiatives from these nations aim to boostdemand for elevators and escalatorsfurther during the forecast period. For instance,
- India is planning to invest USD 1.4 trillion in residential and commercial infrastructure by 2025.
Furthermore, developing smart cities is also expected to augment the size & volume of the Global Elevator and Escalator Market. For instance,
- The source of the Policy Forum stated that the Chinese government’s investment in the smart city was USD 30.5 billion in 2019, and investment is expected to reach USD 60.2 billion by 2028.
In addition, the increasing construction of high-rise buildings in developed and developing countries drives the growth & expansion of the market.
Who are the Key Players Operating in the Elevator and EscalatorIndustry?
The top companies of the Elevator and Escalator market ruling the industry are:
- Fujitec Co. Ltd.
- Hitachi Elevator Engineering Company
- KONE
- Canny Elevator Company Ltd.
- Toshiba Elevator and Building Systems Corporation
- Hyundai Elevator Co., Ltd.
- Mitsubishi Electric Corporation
- ORONA
- Otis Worldwide Corporation
- Schindler Holding Ltd.
- ThyssenKrupp Elevator AG
- SJEC Corp.
- Walton Group
- Sigma Elevators
- Electra Elevators
*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address
Click Here to Connect with Our Expertise –https://www.marknteladvisors.com/query/talk-to-our-consultant/elevator-and-escalator-market.html
Key Objectives of Choosing Markntel Advisor’s Report
- Focused Industry Expertise
- Diverse Report Offerings
- Personalized Research Solutions
- Robust Research Methodology
- In-depth Report Coverage
- Tracking Technological Advancements
- Comprehensive Value-Chain Analysis
- Discovering Market Opportunities
- Analysing Growth Trajectories
- Assured Quality Insights
- Dedicated After-Sales Support
FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the Elevator and Escalator Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the Elevator and Escalator industry?
- Which is the Leading segment in the market?
About US:
MarkNtel Advisors is a leading consulting, data analytics, andmarket research firmthat provides an extensive range of strategic reports on diverse industry verticals. We being aqualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry researchacross 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
For Media Inquiries, Please Contact:
Phone: +1 628 895 8081 | +91 120 4278433
Email:sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
Leave a comment