The global Escalator market size was valued at US$ 6156.1 million in 2023. With growing demand in downstream market, the Escalator is forecast to a readjusted size of US$ 7629.1 million by 2030 with a CAGR of 3.1% during review period.
The research report highlights the growth potential of the global Escalator market. Escalator are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Escalator. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Escalator market.
Escalator in this report refers to staircase escalator as well as moving walkway. An escalator is a type of vertical transportation in the form of a moving staircase which carries people between floors of a building. It consists of a motor-driven chain of individually linked steps on a track which cycle on a pair of tracks which keep them horizontal. A moving walkway, also known as an autowalk, moving sidewalk, moving pavement, people-mover, travolator, or travelator, is a slow-moving conveyor mechanism that transports people across a horizontal or inclined plane over a short to medium distance.
Global Escalators key players include Otis, Schindler, Kone, TK Elevator, Mitsubishi Electric, etc. Global top five manufacturers hold a share about 45%. China is the largest market, with a share about 70%, followed by Europe and North America, both have a share about 15 percent. In terms of product, Escalators is the largest segment, with a share over 80%. And in terms of application, the largest application is Escalators, followed by Moving Walkways, etc.
Key Features:
The report on Escalator market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Escalator market. It may include historical data, market segmentation by Type (e.g., Parallel Escalator, Multi-parallel Escalator), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Escalator market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Escalator market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Escalator industry. This include advancements in Escalator technology, Escalator new entrants, Escalator new investment, and other innovations that are shaping the future of Escalator.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Escalator market. It includes factors influencing customer ' purchasing decisions, preferences for Escalator product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Escalator market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Escalator market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Escalator market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Escalator industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Escalator market.
Market Segmentation:
Escalator market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Parallel Escalator
Multi-parallel Escalator
Walkway Escalator
Others(Crisscross and Spiral)
Segmentation by application
Commercial
Public Transit
Others(Institutional Sector and Residential)
This report also splits the market by region:
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 below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Schindler Group
Kone Corporation
Thyssenkrupp AG
Dover
Hyundai Elevator
Fujitec
Mitsubishi Electric
SIGMA
Otis
Omega
Key Questions Addressed in this Report
What is the 10-year outlook for the global Escalator market?
What factors are driving Escalator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Escalator market opportunities vary by end market size?
How does Escalator break out type, application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Escalator Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Escalator by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Escalator by Country/Region, 2019, 2023 & 2030
2.2 Escalator Segment by Type
2.2.1 Parallel Escalator
2.2.2 Multi-parallel Escalator
2.2.3 Walkway Escalator
2.2.4 Others(Crisscross and Spiral)
2.3 Escalator Sales by Type
2.3.1 Global Escalator Sales Market Share by Type (2019-2024)
2.3.2 Global Escalator Revenue and Market Share by Type (2019-2024)
2.3.3 Global Escalator Sale Price by Type (2019-2024)
2.4 Escalator Segment by Application
2.4.1 Commercial
2.4.2 Public Transit
2.4.3 Others(Institutional Sector and Residential)
2.5 Escalator Sales by Application
2.5.1 Global Escalator Sale Market Share by Application (2019-2024)
2.5.2 Global Escalator Revenue and Market Share by Application (2019-2024)
2.5.3 Global Escalator Sale Price by Application (2019-2024)
3 Global Escalator by Company
3.1 Global Escalator Breakdown Data by Company
3.1.1 Global Escalator Annual Sales by Company (2019-2024)
3.1.2 Global Escalator Sales Market Share by Company (2019-2024)
3.2 Global Escalator Annual Revenue by Company (2019-2024)
3.2.1 Global Escalator Revenue by Company (2019-2024)
3.2.2 Global Escalator Revenue Market Share by Company (2019-2024)
3.3 Global Escalator Sale Price by Company
3.4 Key Manufacturers Escalator Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Escalator Product Location Distribution
3.4.2 Players Escalator Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Escalator by Geographic Region
4.1 World Historic Escalator Market Size by Geographic Region (2019-2024)
4.1.1 Global Escalator Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Escalator Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Escalator Market Size by Country/Region (2019-2024)
4.2.1 Global Escalator Annual Sales by Country/Region (2019-2024)
4.2.2 Global Escalator Annual Revenue by Country/Region (2019-2024)
4.3 Americas Escalator Sales Growth
4.4 APAC Escalator Sales Growth
4.5 Europe Escalator Sales Growth
4.6 Middle East & Africa Escalator Sales Growth
5 Americas
5.1 Americas Escalator Sales by Country
5.1.1 Americas Escalator Sales by Country (2019-2024)
5.1.2 Americas Escalator Revenue by Country (2019-2024)
5.2 Americas Escalator Sales by Type
5.3 Americas Escalator Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Escalator Sales by Region
6.1.1 APAC Escalator Sales by Region (2019-2024)
6.1.2 APAC Escalator Revenue by Region (2019-2024)
6.2 APAC Escalator Sales by Type
6.3 APAC Escalator Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Escalator by Country
7.1.1 Europe Escalator Sales by Country (2019-2024)
7.1.2 Europe Escalator Revenue by Country (2019-2024)
7.2 Europe Escalator Sales by Type
7.3 Europe Escalator Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Escalator by Country
8.1.1 Middle East & Africa Escalator Sales by Country (2019-2024)
8.1.2 Middle East & Africa Escalator Revenue by Country (2019-2024)
8.2 Middle East & Africa Escalator Sales by Type
8.3 Middle East & Africa Escalator Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Escalator
10.3 Manufacturing Process Analysis of Escalator
10.4 Industry Chain Structure of Escalator
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Escalator Distributors
11.3 Escalator Customer
12 World Forecast Review for Escalator by Geographic Region
12.1 Global Escalator Market Size Forecast by Region
12.1.1 Global Escalator Forecast by Region (2025-2030)
12.1.2 Global Escalator Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Escalator Forecast by Type
12.7 Global Escalator Forecast by Application
13 Key Players Analysis
13.1 Schindler Group
13.1.1 Schindler Group Company Information
13.1.2 Schindler Group Escalator Product Portfolios and Specifications
13.1.3 Schindler Group Escalator Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Schindler Group Main Business Overview
13.1.5 Schindler Group Latest Developments
13.2 Kone Corporation
13.2.1 Kone Corporation Company Information
13.2.2 Kone Corporation Escalator Product Portfolios and Specifications
13.2.3 Kone Corporation Escalator Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Kone Corporation Main Business Overview
13.2.5 Kone Corporation Latest Developments
13.3 Thyssenkrupp AG
13.3.1 Thyssenkrupp AG Company Information
13.3.2 Thyssenkrupp AG Escalator Product Portfolios and Specifications
13.3.3 Thyssenkrupp AG Escalator Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Thyssenkrupp AG Main Business Overview
13.3.5 Thyssenkrupp AG Latest Developments
13.4 Dover
13.4.1 Dover Company Information
13.4.2 Dover Escalator Product Portfolios and Specifications
13.4.3 Dover Escalator Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Dover Main Business Overview
13.4.5 Dover Latest Developments
13.5 Hyundai Elevator
13.5.1 Hyundai Elevator Company Information
13.5.2 Hyundai Elevator Escalator Product Portfolios and Specifications
13.5.3 Hyundai Elevator Escalator Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Hyundai Elevator Main Business Overview
13.5.5 Hyundai Elevator Latest Developments
13.6 Fujitec
13.6.1 Fujitec Company Information
13.6.2 Fujitec Escalator Product Portfolios and Specifications
13.6.3 Fujitec Escalator Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Fujitec Main Business Overview
13.6.5 Fujitec Latest Developments
13.7 Mitsubishi Electric
13.7.1 Mitsubishi Electric Company Information
13.7.2 Mitsubishi Electric Escalator Product Portfolios and Specifications
13.7.3 Mitsubishi Electric Escalator Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Mitsubishi Electric Main Business Overview
13.7.5 Mitsubishi Electric Latest Developments
13.8 SIGMA
13.8.1 SIGMA Company Information
13.8.2 SIGMA Escalator Product Portfolios and Specifications
13.8.3 SIGMA Escalator Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 SIGMA Main Business Overview
13.8.5 SIGMA Latest Developments
13.9 Otis
13.9.1 Otis Company Information
13.9.2 Otis Escalator Product Portfolios and Specifications
13.9.3 Otis Escalator Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Otis Main Business Overview
13.9.5 Otis Latest Developments
13.10 Omega
13.10.1 Omega Company Information
13.10.2 Omega Escalator Product Portfolios and Specifications
13.10.3 Omega Escalator Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Omega Main Business Overview
13.10.5 Omega Latest Developments
14 Research Findings and Conclusion
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*If Applicable.