Global Elevator and Escalator Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

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, travelator, 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.
The Elevators and Escalators market is very concerted market; the revenue of top ten manufacturers accounts about 83% of the total revenue in 2017.
The leading manufactures mainly are Otis, Schindler, ThyssenKrupp, Kone and Mitsubishi Electric. Otis is the largest manufacturer; its revenue of global market exceeds 16.3% in 2017. The next is Schindler and ThyssenKrupp.
There are mainly three type product of Elevators and Escalators market: Elevator, Escalator and Moving Walkway.
Geographically, the global Elevators and Escalators market has been segmented into North America, Europe, China, Japan, India, Southeast Asia and RoW. China held the largest share in the global market, its revenue of global market exceeds 66.82% in 2017. The next is Europe.

Market Analysis and Insights: Global Elevator and Escalator Market
The global Elevator and Escalator market size is projected to reach US$ 36550 million by 2026, from US$ 34840 million in 2020, at a CAGR of 0.8% during 2021-2026.
Global Elevator and Escalator Scope and Segment
The global Elevator and Escalator market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Elevator and Escalator market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Elevator and Escalator market is segmented into
Elevator (Vertical)
Escalator
Moving Walkway

Segment by Application, the Elevator and Escalator market is segmented into
Residential Area
Commercial Office
Transportation Hub Area
Industrial Area

Elevator and Escalator market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Elevator and Escalator business, the date to enter into the Elevator and Escalator market, Elevator and Escalator product introduction, recent developments, etc.
The major vendors covered:
Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
Sicher Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
CNYD
Meilun Elevator
IFE Elevators
Joylive Elevator
Dongnan Elevator

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Elevator and Escalator markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Elevator and Escalator market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.