The US market for elevators and escalators will grow 6.5 percent annually through 2007, driven by a recovery in nonresidential building construction. Gains will be led by stair lifts and other elevators for the disabled, and moving public walkways. Innovations such as remote monitoring, traffic controls and enhanced safety will also spur demand.
This study analyzes the $11 billion US elevator and escalator industry. It presents historical US demand data (1992, 1997 and 2002) and forecasts to 2007 and 2012 by product (e.g., passenger and freight elevators, aerial work platforms, escalators and moving walkways); by service (installation, repair/modernization); by application setting and by regional market.
The study also examines the market environment, details industry structure and market share, and profiles 29 leading companies including Otis Elevator, ThyssenKrupp, Kone Oyj, and JLG Industries.