Global Elevators

Report Overview

This report forecasts to 2028 global demand for elevator equipment and services by type, market, and major world region in nominal US dollars at the manufacturer level. Type segments include: passenger and freight elevators, escalators and moving walkways, elevator parts and separately sold products, installation services, and modernization and repair services. Reported markets encompass: residential and nonresidential. Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.

To illustrate historical trends, world, type, market, and regional demand (including type and market segments) are provided for 2013, 2018, and 2023. Finally, global elevator equipment shipments are segmented by major world region and provided for 2013, 2018, 2023, and 2028.

For the purposes of this report, general references to elevators or the elevator market include escalators and moving walkways, parts, and services, while elevators themselves, often referred to as lifts in European publications, are described as passenger and freight elevators. Products beyond the scope of this report include aerial work platforms (man lifts), chair lifts, and conveyor systems used for the transport of goods.

For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2023.

Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
 

Related NAICS Codes:

Table of Contents

HIGHLIGHTS

LOBAL TYPE OVERVIEW & FORECASTS

• Passenger & Freight Elevators
• Escalators & Moving Walkways
• Elevator Parts & Separately Sold Products
• Installation Services
• Modernization & Repair Services

GLOBAL MARKET OVERVIEW & FORECASTS

• Residential
• Nonresidential

REGIONAL SEGMENTATION & FORECASTS

• Regional Shipments Overview
• Regional Demand Overview
• North America
• Western Europe
• Asia/Pacific
• Other Regions

INDUSTRY STRUCTURE

• Industry Characteristics
• Market Share

ABOUT THIS REPORT

• Scope
• Sources
• Industry Codes
• Freedonia Methodology
• Resources

LIST OF TABLES & FIGURES

• Figure 1 | Global Elevator Equipment & Services Market Outlook, 2023 – 2028
• Figure 2 | Global Elevator Equipment & Services Demand by Type; 2013, 2018, 2023, 2028 (US$ bil)
• Table 1 | Global Elevator Equipment & Services Demand by Type; 2013, 2018, 2023, 2028 (US$ mil)
• Figure 3 | Global Elevator Equipment & Services Demand by Type; 2013, 2018, 2023, 2028 (%)
• Figure 4 | Global Elevator Equipment & Services Demand by Market; 2013, 2018, 2023, 2028 (US$ bil)
• Table 2 | Global Elevator Equipment & Services Demand by Market; 2013, 2018, 2023, 2028 (US$ mil)
• Figure 5 | Global Elevator Equipment & Services Demand by Market; 2013, 2018, 2023, 2028 (%)
• Figure 6 | Global Elevator Equipment Shipments by Region; 2013, 2018, 2023, 2028 (US$ bil)
• Table 3 | Global Elevator Equipment Shipments by Region; 2013, 2018, 2023, 2028 (US$ mil)
• Figure 7 | Global Elevator Equipment Shipments by Region; 2013, 2018, 2023, 2028 (%)
• Figure 8 | Global Elevator Equipment & Services Demand by Region; 2013, 2018, 2023, 2028 (US$ bil)
• Table 4 | Global Elevator Equipment & Services Demand by Region; 2013, 2018, 2023, 2028 (US$ mil)
• Figure 9 | Global Elevator Equipment & Services Demand by Region; 2013, 2018, 2023, 2028 (%)
• Figure 10 | North America: Elevator Equipment & Services Demand by Type; 2013, 2018, 2023, 2028 (US$ bil)
• Figure 11 | North America: Elevator Equipment & Services Demand by Market; 2013, 2018, 2023, 2028 (US$ bil)
• Table 5 | North America: Elevator Equipment & Services Demand by Type & Market; 2013, 2018, 2023, 2028 (US$ mil)
• Figure 12 | Western Europe: Elevator Equipment & Services Demand by Type; 2013, 2018, 2023, 2028 (US$ bil)
• Figure 13 | Western Europe: Elevator Equipment & Services Demand by Market; 2013, 2018, 2023, 2028 (US$ bil)
• Table 6 | Western Europe: Elevator Equipment & Services Demand by Type & Market; 2013, 2018, 2023, 2028 (US$ mil)
• Figure 14 | Asia/Pacific: Elevator Equipment & Services Demand by Type; 2013, 2018, 2023, 2028 (US$ bil)
• Figure 15 | Asia/Pacific: Elevator Equipment & Services Demand by Market; 2013, 2018, 2023, 2028 (US$ bil)
• Table 7 | Asia/Pacific: Elevator Equipment & Services Demand by Type & Market; 2013, 2018, 2023, 2028 (US$ mil)
• Figure 16 | Other Regions: Elevator Equipment & Services Demand by Region; 2013, 2018, 2023, 2028 (US$ bil)
• Figure 17 | Other Regions: Elevator Equipment & Services Demand by Type; 2013, 2018, 2023, 2028 (US$ bil)
• Table 8 | Other Regions: Elevator Equipment & Services Demand by Region & Type; 2013, 2018, 2023, 2028 (US$ mil)
• Figure 18 | Global Elevator Equipment & Services Market Share by Company, 2023 (%)
• Table 9 | Leading Suppliers to the Global Elevator Equipment & Services Market
• Table 10 | NAICS & SIC Codes Related to Elevator Equipment & Services
• Table 11 | HS Codes Related to Elevator Equipment & Services
• Table 12 | NACE Codes Related to Elevator Equipment & Services