The global Escalators market size was valued at US$ 6156.1 million in 2023. With growing demand in downstream market, the Escalators 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 Escalators market. Escalators 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 Escalators. 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 Escalators 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 Escalators 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 Escalators market. It may include historical data, market segmentation by Type (e.g., Escalators, Moving Walkways), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Escalators 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 Escalators 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 Escalators industry. This include advancements in Escalators technology, Escalators new entrants, Escalators new investment, and other innovations that are shaping the future of Escalators.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Escalators market. It includes factors influencing customer ' purchasing decisions, preferences for Escalators product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Escalators market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Escalators 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 Escalators market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Escalators 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 Escalators market.
Market Segmentation:
Escalators 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
Escalators
Moving Walkways
Others
Segmentation by application
Commercial Centers
Airports
Transit Hubs
Supermarket & Retailer
Sports Complexes
Exhibition Halls
Others
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.
Otis
Schindler
Kone
TK Elevator
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Canny Elevator
SJEC Corporation
Guangzhou Guangri Elevator
Zhejiang Meilun Elevator
Hangzhou XIO-Lift
Key Questions Addressed in this Report
What is the 10-year outlook for the global Escalators market?
What factors are driving Escalators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Escalators market opportunities vary by end market size?
How does Escalators 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 Escalators Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Escalators by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Escalators by Country/Region, 2019, 2023 & 2030
2.2 Escalators Segment by Type
2.2.1 Escalators
2.2.2 Moving Walkways
2.2.3 Others
2.3 Escalators Sales by Type
2.3.1 Global Escalators Sales Market Share by Type (2019-2024)
2.3.2 Global Escalators Revenue and Market Share by Type (2019-2024)
2.3.3 Global Escalators Sale Price by Type (2019-2024)
2.4 Escalators Segment by Application
2.4.1 Commercial Centers
2.4.2 Airports
2.4.3 Transit Hubs
2.4.4 Supermarket & Retailer
2.4.5 Sports Complexes
2.4.6 Exhibition Halls
2.4.7 Others
2.5 Escalators Sales by Application
2.5.1 Global Escalators Sale Market Share by Application (2019-2024)
2.5.2 Global Escalators Revenue and Market Share by Application (2019-2024)
2.5.3 Global Escalators Sale Price by Application (2019-2024)
3 Global Escalators by Company
3.1 Global Escalators Breakdown Data by Company
3.1.1 Global Escalators Annual Sales by Company (2019-2024)
3.1.2 Global Escalators Sales Market Share by Company (2019-2024)
3.2 Global Escalators Annual Revenue by Company (2019-2024)
3.2.1 Global Escalators Revenue by Company (2019-2024)
3.2.2 Global Escalators Revenue Market Share by Company (2019-2024)
3.3 Global Escalators Sale Price by Company
3.4 Key Manufacturers Escalators Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Escalators Product Location Distribution
3.4.2 Players Escalators 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 Escalators by Geographic Region
4.1 World Historic Escalators Market Size by Geographic Region (2019-2024)
4.1.1 Global Escalators Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Escalators Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Escalators Market Size by Country/Region (2019-2024)
4.2.1 Global Escalators Annual Sales by Country/Region (2019-2024)
4.2.2 Global Escalators Annual Revenue by Country/Region (2019-2024)
4.3 Americas Escalators Sales Growth
4.4 APAC Escalators Sales Growth
4.5 Europe Escalators Sales Growth
4.6 Middle East & Africa Escalators Sales Growth
5 Americas
5.1 Americas Escalators Sales by Country
5.1.1 Americas Escalators Sales by Country (2019-2024)
5.1.2 Americas Escalators Revenue by Country (2019-2024)
5.2 Americas Escalators Sales by Type
5.3 Americas Escalators Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Escalators Sales by Region
6.1.1 APAC Escalators Sales by Region (2019-2024)
6.1.2 APAC Escalators Revenue by Region (2019-2024)
6.2 APAC Escalators Sales by Type
6.3 APAC Escalators 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 Escalators by Country
7.1.1 Europe Escalators Sales by Country (2019-2024)
7.1.2 Europe Escalators Revenue by Country (2019-2024)
7.2 Europe Escalators Sales by Type
7.3 Europe Escalators 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 Escalators by Country
8.1.1 Middle East & Africa Escalators Sales by Country (2019-2024)
8.1.2 Middle East & Africa Escalators Revenue by Country (2019-2024)
8.2 Middle East & Africa Escalators Sales by Type
8.3 Middle East & Africa Escalators 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 Escalators
10.3 Manufacturing Process Analysis of Escalators
10.4 Industry Chain Structure of Escalators
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Escalators Distributors
11.3 Escalators Customer
12 World Forecast Review for Escalators by Geographic Region
12.1 Global Escalators Market Size Forecast by Region
12.1.1 Global Escalators Forecast by Region (2025-2030)
12.1.2 Global Escalators 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 Escalators Forecast by Type
12.7 Global Escalators Forecast by Application
13 Key Players Analysis
13.1 Otis
13.1.1 Otis Company Information
13.1.2 Otis Escalators Product Portfolios and Specifications
13.1.3 Otis Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Otis Main Business Overview
13.1.5 Otis Latest Developments
13.2 Schindler
13.2.1 Schindler Company Information
13.2.2 Schindler Escalators Product Portfolios and Specifications
13.2.3 Schindler Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Schindler Main Business Overview
13.2.5 Schindler Latest Developments
13.3 Kone
13.3.1 Kone Company Information
13.3.2 Kone Escalators Product Portfolios and Specifications
13.3.3 Kone Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Kone Main Business Overview
13.3.5 Kone Latest Developments
13.4 TK Elevator
13.4.1 TK Elevator Company Information
13.4.2 TK Elevator Escalators Product Portfolios and Specifications
13.4.3 TK Elevator Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 TK Elevator Main Business Overview
13.4.5 TK Elevator Latest Developments
13.5 Mitsubishi Electric
13.5.1 Mitsubishi Electric Company Information
13.5.2 Mitsubishi Electric Escalators Product Portfolios and Specifications
13.5.3 Mitsubishi Electric Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Mitsubishi Electric Main Business Overview
13.5.5 Mitsubishi Electric Latest Developments
13.6 Toshiba
13.6.1 Toshiba Company Information
13.6.2 Toshiba Escalators Product Portfolios and Specifications
13.6.3 Toshiba Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Toshiba Main Business Overview
13.6.5 Toshiba Latest Developments
13.7 Hitachi
13.7.1 Hitachi Company Information
13.7.2 Hitachi Escalators Product Portfolios and Specifications
13.7.3 Hitachi Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Hitachi Main Business Overview
13.7.5 Hitachi Latest Developments
13.8 Fujitec
13.8.1 Fujitec Company Information
13.8.2 Fujitec Escalators Product Portfolios and Specifications
13.8.3 Fujitec Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Fujitec Main Business Overview
13.8.5 Fujitec Latest Developments
13.9 Hyundai
13.9.1 Hyundai Company Information
13.9.2 Hyundai Escalators Product Portfolios and Specifications
13.9.3 Hyundai Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Hyundai Main Business Overview
13.9.5 Hyundai Latest Developments
13.10 Canny Elevator
13.10.1 Canny Elevator Company Information
13.10.2 Canny Elevator Escalators Product Portfolios and Specifications
13.10.3 Canny Elevator Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Canny Elevator Main Business Overview
13.10.5 Canny Elevator Latest Developments
13.11 SJEC Corporation
13.11.1 SJEC Corporation Company Information
13.11.2 SJEC Corporation Escalators Product Portfolios and Specifications
13.11.3 SJEC Corporation Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 SJEC Corporation Main Business Overview
13.11.5 SJEC Corporation Latest Developments
13.12 Guangzhou Guangri Elevator
13.12.1 Guangzhou Guangri Elevator Company Information
13.12.2 Guangzhou Guangri Elevator Escalators Product Portfolios and Specifications
13.12.3 Guangzhou Guangri Elevator Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Guangzhou Guangri Elevator Main Business Overview
13.12.5 Guangzhou Guangri Elevator Latest Developments
13.13 Zhejiang Meilun Elevator
13.13.1 Zhejiang Meilun Elevator Company Information
13.13.2 Zhejiang Meilun Elevator Escalators Product Portfolios and Specifications
13.13.3 Zhejiang Meilun Elevator Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Zhejiang Meilun Elevator Main Business Overview
13.13.5 Zhejiang Meilun Elevator Latest Developments
13.14 Hangzhou XIO-Lift
13.14.1 Hangzhou XIO-Lift Company Information
13.14.2 Hangzhou XIO-Lift Escalators Product Portfolios and Specifications
13.14.3 Hangzhou XIO-Lift Escalators Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Hangzhou XIO-Lift Main Business Overview
13.14.5 Hangzhou XIO-Lift Latest Developments
14 Research Findings and Conclusion
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*If Applicable.